Ep - 12 He Raised $20 million For His Startup - Eziah Zaidi, CEO, Mend Labs

Welcome to episode 12 of Fundraising Demystified. In this episode, we speak with Eziah Zaidi, the CEO of Mend Labs, a life sciences and digital health company on a mission to improve societal health and healthcare delivery. They've recently raised a $15MM Series A bringing their total capital raised to $20M. In this episode, we discussed some fascinating topics, including: 1. The mission and vision of Mend Labs: Eziah shares the challenges in healthcare that Mend Labs aims to address. They have developed a technology platform and a behavioral model, along with a food-as-medicine core philosophy, to improve patient outcomes and position them for long-term success. 2. Fundraising journey: Eziah takes us through the journey of raising capital, from the early stages to the recent Series A funding. He shares insights on the milestones and key performance indicators (KPIs) they monitored to make their startup Series A ready. 3. Relationship building and warm introductions: Eziah highlights the importance of building relationships with potential investors and leveraging warm introductions. He shares his targeted approach to getting in front of mission-aligned investors and the benefits of skipping the necessary relationship-building when you come in cold. 4. Overcoming challenges: Eziah talks about the frustrations they faced during the fundraising process, including delays caused by external factors like the collapse of Silicon Valley Bank. He also emphasizes the importance of resilience and having faith in oneself as an entrepreneur. Throughout the episode, Eziah provides valuable advice and insights for founders. He stresses the significance of managing investor relations, regularly sending out updates, and being open to reaching out and learning from others. If you're interested in learning more about Mend Labs and Eziah's journey, you can listen to the full episode on any podcast platform. Don't hesitate to reach out and share your thoughts or questions. We always love hearing from our listeners! Links mentioned: Mend Labs website - https://mend.me Follow Eziah on Linkedin - https://www.linkedin.com/in/eziah/ 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.