Words Ritesh Singhania & Christopher Sier
Ritesh Singhania, Chris Sier, and Kunal Varma, co-founders of pension fintech ClearGlass, recently concluded their six months in Founders Factory’s accelerator program by raising £2.6m seed — more than double their original target — from top-tier investors. Staggeringly, they managed to pull all of this off during a pandemic.
Ritesh and Chris make public their lessons on raising from top-tier investors.
You can expect to read about…
Words David Hickson
As the Chief Strategic Development Officer at Founders Factory, David Hickson has helped hundreds of startups fundraise. For the first time, we’ll be sharing his considerations for fundraising effectively, or what he refers to as the “No-Bullshit Guide to Fundraising”. This guide is useful for those raising pre-seed to pre-Series A. David’s Biography
At Founders Factory, we’ve proudly invested in almost 200 startups over the last five years, 40 of which we’ve built completely from scratch. The way we’ve structured our venture studio and accelerator is different from many others. We’re not a fund. We’ve raised money…
The food sector saw unprecedented change in 2020, with the pandemic driving significant changes in shopping behaviour: three-quarters of the UK now do at least some of their grocery shopping online, a 26% increase on the previous year, with less frequent, larger baskets. From May-July, we saw online grocery shopping in the UK grow by 92% (Kantar FMCG Purchase Panel) as consumers rushed to secure delivery slots and have their weekly food shop delivered to their door.
Outside of online, we have also seen growth in a community-centric approach to shopping, with an emphasis on local. A study by the…
Find out how Dr Kyle Grant and co-founder Tom de Wilton scaled their sustainable laundry startup, Oxwash, through Founders Factory’s startup accelerator program, raising £1.75m in seed funding, and embarking on a game-changing partnership with corporate FMCG giant Reckitt Benckiser (RB) — all during the pandemic.
Words by Kyle Grant
In collaboration with Reckitt Benckiser (RB) & Founders Factory
The travel industry is facing one of its most challenging times, but we’re expecting the period to lead to some of the most cutting-edge innovation as the desire to travel remains.
From a renewed commitment to sustainable tourism, to tools which will enable the travel sector to save time and cut costs, here are some of the areas we believe will usher in the future of the travel industry.
Co-founder Nick Torday talks us through how Bower Collective launched in January 2020 in Founders Factory’s Venture Studio, generating 130k+ revenue in just six months and raising a £400k round — even as the pandemic threatened to disrupt their crucial supply chains.
In collaboration with Damian Routley, Emily Yoon & Timothy Masek
A note from Damian Routley, Managing Director of Home & Hygiene: Why we invested in Bower Collective
Consumers want to make ethical choices with their home and personal care products, but the rise of greenwashing (unsubstantiated claims that deceive consumers into believing that a company’s products are environmentally…
A few weeks ago had the pleasure to moderate a conversation about building product first organisations at the Founders Factory leadership festival, this is the outcome of that conversation
Moderator: Sebastian Abdy Sabouné, Head of Product, Founders Factory
Georgie Smallwood, Chief Product Officer, N26
Eugenie Jacques, Head of Product, FF Paris Studio
Jacob George, Product Coach, FF London
Learnings about what product is
For the customer, every touch point with your company is ‘the product.’ It’s not just the app, but also the ad, the landing page, the customer service. Make sure you think about your product holistically and…
This article was originally published on February 12th on Mind The Product
I have worked with in product for most of my career. Building products for big corporates, small startups and scale-ups. Mostly I have been on the consulting side, meaning I have always had to hand over what I have built to someone else. What I have seen, is that both startups and big corporates have issues in understanding how to be more product-led without the right mindset and framework. Just adding more product managers, is not the answer. …
Hello my name is Phillip, and I have a really bizarre job: I come up with startup ideas.
“Oh great, the ideas guy” I hear you cry — but also part of my job is to figure out if those ideas are any good. There’s many different ways me and my team go about doing just that, and in this series I’ll share a few of them.
Building out a talent function has become one of the latest obsessions for almost every startup founder out there. More than 2,317 companies (based on data taken from AngelList) are looking to hire someone in a talent or recruitment related role to help scale their businesses. That said, talent in an early stage startup environment is less related to a specific role or a set of tactics and more about building a strategy that optimises for a culture of high performing teams.
At Founders Factory, we are in a unique position of incubating our own startups from scratch. Our internal…
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