Gina Sanchez
๐ค SpeakerAppearances Over Time
Podcast Appearances
So we actually raised $425,000 in 2021, sorry, in 2022, from 2045 Ventures, Ulu Ventures,
a handful of individuals.
And we added to that actually early this year.
And so we're just finalizing the second half of that seed round, which it's been the prolonged seed round.
Anybody who's been raising money knows how painful it's been to find and secure pre-seed funding.
But we
I think one of the things that have kept us in front of the early stage venture companies is that our product is the exact kind of product you need when markets are volatile.
You couldn't get more volatile markets in the last few years.
And strangely, we were really concerned that the meltdown in Silicon Valley Bank was going to be
was going to be sort of, you know, a real death blow to our funding process.
But actually our funding sped up after that, probably because people actually came to us saying, hey, I know you're not fully built yet, but can we subscribe to whatever you have?
And so we're actually pre-selling just access to the data engine to access to the analysis engine.
And so, you know, I think that's probably what has kept us in the game while other early stage companies are having troubles.
Say that again?
That's exactly what we're doing.
Yeah, we're exactly doing that.
So we've filled 10% so far.
We're selling the other 10%.
So we're actually selling at a $5 million valuation.
Well, it's not going to tell portfolio managers about SVB.