Eric Adler
๐ค SpeakerAppearances Over Time
Podcast Appearances
Yeah, far, far from rich parents or a trust fund.
That'd be nice.
No, we actually raised a lot from angel investors on the central coast of California.
So, I mean, we have a lot of investors involved.
The typical check size is like twenty five K. So we've looped in, you know, a lot of angels initially.
Great investment base.
And now we've gotten some recent venture money, but from small seed funds as well.
First round total was 250 K. Second.
It's a very small, uh, 1 million and third 750.
So these were all convertible notes.
I basically multiple caps that kept growing.
We were able to clean it up.
I mean, they're all on the cap table, but I was very happy to finally convert those notes over and not be dealing with, you know, all the different interests, the different dates.
So it's all clean now.
But yes, things get messy when you finally do that price round.
This closed about five months ago.
So I think...
What they were really excited about is seeing that what we were gathering, the data we were gathering on water was useful across a variety of different channels.
So if you just look at this on Amazon or look at it on our website, it looks like this hardware, this gadget.
But at the end of the day, there are all these different customers out there that want water data.