Series A

“If you ask me for a sweet spot, for a desired sweet spot, I would say that one we would like to look at companies which are raising a series A or an early series B. We like a, we like an empty canvas. We like a space where the company has built a product. Ther…”

“The right time to engage for the venture debt, conversation is really when a company is looking to close a series A round or beyond. That's a starting point for us. And a series A for us is anytime a company raises three to four million dollars of institutiona…”

“More importantly is that the amount of money needed by a company to reach a decent series A, let's say, which is sort of at least, you know, five to eight million dollars series A the amount of money to reach there is sort of becoming like one and a half two m…”

“And we typically come in at the pre A to A plus stage. So you can say it's largely A and to a certain extent B but we, you know, we have been, we are getting more flexible as we evolve as a fund and just recently we closed our new fund and we have been getting…”

“Series A was the only round, which was a pull rather than a push. All our funding rounds has been a push where investors came to us and kind of just happened.”

“Because I think we raised our, it was the largest series A at that point in time.”

“Mid 2016 is when we raised our city. That's when we were getting close to like 700 K or so in ARR.”

“And so the way to sort of think about it is at the early stage seed, it's about 80 to 90% attrition. At the series A, it might be 60 to 70, series B sort of comes down.”

“Particularly like when you look at Series A, those groups always maintain an advantage.”

“Whenever we have a company going to a Series A round or also to a later stage round, we would definitely think about selling our shares because we own really little equity as we just invest 50 to a hundred K checks.”

“Also, like, it's basically starting at Series A, B, that you need to go to a US fund, basically, if you want to raise really large sums, because there's just not a lot of options in Europe”

“We'd expect sort of 70%, 80% to raise a seed round. And then, you know, of those, I think historically something like 60% of seed from the companies EF have gone on to raise a series A.”

“In 21 and 22, the number of seed and series A companies that got funded. I think there's been that it sort of crowded the market, so there are a lot more companies who are still looking for those seed and series A or series B fundings. So that has led to an ov…”

“That's when the Series A happened, not as a healthcare... It was not a healthcare software company. Not a healthcare IT company.”

“Seed to scale, you know, somebody told me, ah, ah, your goal versus whatever realistic thing, ah, you can have a hundred percent margin at seed. You know, you can have like, 75 at A, you know, 50 probably at B. By the time you get to C, it can't be like, you k…”

“At the time when we raised the Series A, the team was five people, including myself, and Mac's age was 24, right?”

“That's the conventional wisdom, right, is, You get to a million ARR, you raise a series A, whatever the amount is, you hire a sales leader, you hire, spend money in marketing, and growth will come. But, you know, it doesn't because you have to do a lot of work…”