Ida Tin

So first we started living very, very cheaply.

You know, get by with very little money for a while.

And then we raised money from our network.

So angel investors that put in a little bit of money.

But I will say we founded the company five people.

So we were basically out of money the day we founded the company.

So we went straight into fundraising mode and were successful in finding other angels that want to invest and those angels kind of grew and in the ticket sizes grew and they grew in their experience level and their kind of professionalism.

Did you either just to be clear, how much did you raise when you five decided to start the company on day one?

How much had you guys raised from angels?

50,000 euros.

Okay.

And those angels, was it a convertible note and you just kind of let the note roll so you could add on additional angels?

Yes.

Yes, it was exactly like that.

And that went until we had raised, I'd say about a million euros maybe.

And then we did our first...

financing round, a priced round.

And then we got some super angels on and the last angel put in a million euros.

So a pretty big angel.

And then from there, we went to two VCs.