Raising seed funding for startups

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Ehsanuls55
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Joined: Mon Dec 23, 2024 3:33 am

Raising seed funding for startups

Post by Ehsanuls55 »

After gaining initial traction, many startups choose the venture capital route to double down on growth. However, raising your first round can be a time-consuming process, especially for first-time entrepreneurs who don’t have a network of contacts or tools to manage initial contacts.

Fortunately, LaGrowthMachine is here to help you reach investors at scale. Using our free investor database and the power of custom cross-channel sequencing, you'll be able to address your network gap, warm them up before reaching out, and get the chance to pitch to angels and funds.

Next, it's up to you to convince them of your incredible vision, execution, and ambition.

In this GrowthMaster post, we will share with you:

How to use our custom database to find investors that fit your startup
How to Craft a Compelling Email Sequence That Gets You a Response
We will take LaGrowthMachine as a fictitious example. Fictitious because, for those who canadian ceo email list know us well, LaGrowthMachine is a startup company.

Chapter 1: Finding the right investors, at scale
Seed funding starts with identifying the right investors who have an investment scope that fits your company. It is not advisable to mass-contact investors through any database you find without first demonstrating that you have done your research.

Below, we'll walk you through the different approaches you should take to build your list of potential investors.

Introductions within your network of contacts
Getting a trusted person to introduce you is the golden ticket to reaching investors. Before you hit the databases, reach out to your incubator/accelerator, other entrepreneurs, and your friends. Entrepreneurs are your best chance to get introductions, as they have likely already gone through the painful process of raising money and building relationships with investors.

Using databases
It's always best to get an introduction from a trusted person, but like many new entrepreneurs, you may now have that opportunity. The other approach is based on the use of databases:

Angel.co: If your company is based in the US, it's best to use AngelList as a source of investors. However, outside of the US, the platform is not as popular among investors.
Crunchbase : The second best, if not the most reliable, source for finding investors.
Linkedin – If you have startups in your sector that have raised money as an example, it’s fairly easy to find their investors on Linkedin (search the company for the keyword “investor”). However, even with LaGrowthMachine’s built-in custom Linkedin search, it can be time-consuming to do so.
Then there’s LaGrowthMachine’s Business Angel Bible: Gritt.io . It’s a custom-built database of all of the above, where you can find your institutional and angel investors by country or past investments, and import the results as a CSV into LaGrowthMachine.
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