Virtual Gurus launched with a $200,000 raise and bootstrapped its growth afterward
Bobbi Racette · #82 A Deal Too Perfect to Pass Up · Mar 3, 2025 · at 7:39
Bobbi Racette, founder of Virtual Gurus, discusses her startup's historical funding and capital efficiency with investor Michael Hyatt on The Pitch.
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“We're pretty much bootstrapped, right? So I've only done a small raise of 200,000 in 2016 before I launched. So right now we've been fully bootstrapped.”
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More from Bobbi Racette
Competitor Zirtual sends its virtual assistants to train at Virtual Gurus Academy
“Because even some of our competitors have actually been sending people to do or go through our academy. So we've had actually Zurch will send a few.”
A Canadian government program plans to match Virtual Gurus' funding dollar-for-dollar
“Western Diversification were on the first mailing list to get that once they release it. And so they want to match the million for a million.”
Bobbi Racette says Hyatt's complex terms required a $250,000 investment, not $25,000
“And to be honest, like, if he was coming in at 200 or 250 or something like that, then I would obviously have, I would have totally educated and thought, okay, you know what, like, this is probably good. Because he's coming in as, you know, a higher investor, …”
Bobbi Racette says Virtual Gurus has 160 active and 6,000 pre-vetted assistants
“So all of our virtual assistants are North American and we have over a 160 active working ones with 6000 in our database That have already been pre-vetted.”