HealthifyMe's 2015 seed round took nine months and four term sheets
Tushar Vashisht · @HealthifyMe founder on Funding, Growth, Healthcare in India ft. Tushar Vashisht · Oct 18, 2021 · at 20:26
Tushar Vashisht, co-founder and CEO of HealthifyMe, describes the extreme difficulty of raising the company's first $1M institutional seed round in 2015.
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“I think it took us, like, nine months, because we were in conversations with the fund, who then pulled the term sheet, then we were in conversation with the fund, where we didn't like the guys, we actually backed out, and then there was another fund that came through, and I think it was the fourth option that finally stuck. So, one out of four term sheets finally clicked properly.”
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