STARTUP FUNDRAISING GUIDE
A 5 Step Guide to Raising Angel Investment During The Crisis
I raised £250k from previously unknown angel investors during the crisis. Here’s a step by step guide of how I did it.
LET’S START ON THE WRONG FOOT
Lockdown has been unimaginably tough for startups. Fact. And although there has been some solid efforts by various governments to try and provide support, and lots of VC’s are ‘open for business’. But in reality, the government support is for established, revenue generating businesses and VCs are principally concerned with trying to prevent their existing portfolio from turning to dust.
The stories of deals being withdrawn are a plenty, and the angel market has largely been drier than an evening reading Tolstoy.
But it’s not all tears and alcohol abuse, things are still happening. And (humble brag) my company has been one of them.
We’ve raised a little over £250k since lockdown was announced. And I’m exclusively counting people who we had zero contact with until the crisis hit.
Here’s a guide to walk you through how we did it.
