Ep - 10 They closed their Series A within 3 MONTHS!! - George Richardson, CEO, AeroCloud

Welcome to episode 10 of Fundraising Demystified. In this episode! we had the pleasure of speaking with George Richardson, the CEO of AeroCloud, a cloud-native airport management & passenger processing platform. They've recently raised a $12MM Series A bringing their total capital raised to $16M+. We talk about how George switched from being a professional race car driver to starting his own company, how they timed the fundraise with only 2-3 months runway left, the fundraising process that helped them book 100 investor meetings & close the round in just 3 months. George is based out of the UK and shares some incredible stories and advice with founders seeking capital. Here are some of the main topics we covered: 1. The inspiration behind Aerocloud and its appeal in the market 2. Strategies for finding and attracting investors 3. Building a successful fundraising process 4. The importance of networking and connections in the fundraising world Now, let's dive into the key takeaways and lessons from this incredible conversation: - Business is a process: George emphasizes that hitting your numbers and having the right intention are crucial for success. - Network, network, network: George highlights the power of your network and how it can help you find seed investors and expand your reach. - Co-investing and teamwork: The importance of having co-investors and lead investors lined up to create a strong team dynamic. - Factor in legal processes: Founders need to consider that legal processes can take longer than expected, so it's important to plan accordingly. - Selecting the right investors: George shares his criteria for accepting investors into their cap table, such as operator experience and a long-term mindset. These are just a few highlights from the episode, and there's so much more to discover. I highly recommend giving it a listen to gain valuable insights into the world of fundraising and entrepreneurship. You can listen to the full episode on our website or your favorite podcast platform. And don't forget, George Richardson is also offering 30 minutes of his time per week for advice on running a company or raising a seed round. Links mentioned: AeroCloud website - https://aerocloud.com/ Follow George on Linkedin - https://www.linkedin.com/in/george-richardson-a7520615a/ On Block / Off Block Podcast - https://open.spotify.com/show/5b7PiXHek6FypzYIafb4Y5 Hosted by Jason Kirby - https://www.linkedin.com/in/jasonrkirby/ Thunder website - https://web.thunder.vc Podcast on Spotify: https://open.spotify.com/show/4OMEcQ3xYrs2K8RFIB4A3U Email Jason at [email protected] Thank you for being a loyal subscriber to Fundraising Demystified. We appreciate your support, and we're excited to continue bringing you more inspiring stories from successful founders.