Raising capital – some great tips
Stocktrim’s Dom Sutton points in this pithy piece are bang on. Well worth a look.
Inventory forecasting software StockTrim achieved international sales in the UK, Australia and US immediately after launching in 2017.
It’s been growth ever since, and in 2020 the Kiwi company pitched for seed funding to scale up. StockTrim came out successful – oversubscribed, in fact.
The fund raise required three in-person pitches, seven Zoom pitches and 30 Zoom calls before closing successfully in August.
Here’s what I learned, along with my co-founder Paul Simpson during the ups and downs of the journey.