Fundraising

Storytelling is an integral aspect of a successful VC fundraise. A pitch deck is a visual tool that founders can leverage to tell their stories. However, as a founder, it can feel like you’re getting pulled in a hundred different directions, and finding the time to build the pitch deck might feel impossible (or design just might not be your strong suit). Thankfully, there are countless resources, tools, and options to help you get your pitch deck designed and shared with potential investors. Pitch Deck Design Options There are countless options when it comes to finding the right person or resource to help with your pitch deck design. Depending on what your needs and budget are there are plenty of options — ranging from free to tailored services that will help build your dream pitch deck. As we mentioned in our post, Pitch Deck Designs That Will Win Your Investors Over, some investors are not looking for an overly designed pitch deck so be sure you understand what your needs are before determining your pitch deck design option. A few popular options that we’ll touch on: Use a template Hire a freelancer Use specialized deck design service We’ll touch on pricing, popular services, and more below: How Much Does a Pitch Deck Design Cost? Having someone else help you create your pitch deck might sound great but you are probably thinking, “how much is this going to cost?” Of all of the expenses associated with running a startup, pitch deck design might find its priority towards the bottom of your list. However, there are countless free and inexpensive options but more expensive and involved options if you are in a financial position to spend more on your pitch deck. Depending on how much you weigh the importance of a well-designed pitch deck might also help determine how much you’d like to spend. Use a Template A natural place to start when determining how to design your pitch deck is with a template. This is generally the cheapest option but will put more of the work on your shoulders as a founder. If you’re comfortable with design tools and have a good idea of what content you’d like to include, this could be a great option. As more companies go through successful fundraises, the options and tips here continue to evolve and improve. Free Templates The best place to start is with a free template. There are countless different libraries and options to browse through. Even if you don’t find the perfect template that is free, you will be able to find inspiration for a design that you can take to a freelancer or use to build your own template. Related Resource: Tips for Creating an Investor Pitch Deck (with Free Template) Paid Templates If you’re not finding the perfect template for your startup, you might want to take a look through different paid templates. There are options that are more involved and can help you take a free template to the next level. Beautiful.ai is a tool that uses its design expertise to help anyone look like a design pro. With their paid services you’ll have the ability to pull on hundreds of individually designed slides. Their pricing starts at $12 a month and goes up to $46 a month depending on your design needs. Related Resource: 18 Pitch Deck Examples for Any Startup Have a Pro Review Your Deck If you think you have your deck ready to go, it might be helpful to have someone review it to make sure it is up-to-par. Depending on your immediate network, there might be free or somewhat inexpensive options here. On one hand, if you have existing investors or a founder friend who has raised capital before, have them check things out to make sure it looks good to go. On the other hand, there are paid options that will review a deck for you. Base Templates has a service for $149 where they offer expert design feedback to make sure you can confidently kick off your raise. Hire a Freelancer If you’ve browsed through different templates and have decided you want to create a more custom pitch deck, it might make sense to find a freelancer to help. There are varying options when it comes to freelancers. Mid Tier Pricing Thanks to tools like Fiverr and Upwork you can browse through a marketplace of different freelancers and find the perfect person for your budget and needs. There are hundreds of options less than $300 on Fiverr. You can find a well-reviewed freelancer for anywhere between $50 and $200 on Fiverr. For example, this freelancer (with all 5 star reviews) starts at $60 but is upwards of $260 for a 15 slide pitch deck. Between Fiverr and Upwork there are hundreds of other options that fall in that price range as well. Premium Pricing Of course, if you’re willing to spend more and would like to find a more tailored fit for your business there are options as well. Using Upwork, we were able to find some more premium options that take a more tailored approach and work on an hourly rate so you know exactly what you’re getting. The hourly rate for top-ranked designers ranges anywhere from $100-$200 an hour. For this freelancer, they charge $175 an hour and look to take about 3 or 4 hours for a project. These options can still keep you below/around $1,000 but will give you a more custom approach and hands-on experience. Use a Specialized Design Service Taking things one step further and you can find a specialized design service. Across the board, these will be a more “premium” service and a higher price point. The price here can vary quite a bit but is more difficult to find information on until you start a conversation with a specific service or firm. For example, we found an agency on Upwork that charges $3,500. They complete the project from start to finish and help with any specific content you’ll need throughout the process. Another example is the 4th & King agency. While we don’t have information on their pricing they come highly recommended and have helped some of the most successful startups and venture capitalists build their pitch decks. Another option is finding an individual designer in your network that might be taking on more work. This will really allow you to take a more custom approach and have a more hands-on approach during the entire process. We have seen companies use individuals that will help build branded deck templates that they can use for investor pitches but also other use cases (sales & marketing pitches, product pitches, webinars, etc.) Easily Share Your Pitch Deck with Visible Decks All in all, there are countless design options available for you and your startup. Depending on your design skills, budget, and need for a polished pitch deck should determine what option is best for you. A good starting place is any free template to get the inspiration flowing. To learn more about building your template check out our post, Tips for Creating an Investor Pitch Deck (with Free Template). Building and designing your pitch deck is only half the battle. Once you have your deck ready to go it is time to hit the ground running and start pitching/sharing your deck with potential investors. We offer a dead-simple way to share your pitch deck. Decks are completely integrated with our fundraising CRM and leading investor updates platform. You’ll be able to set customized sharing permissions, notifications when investors view your deck, upload new versions without clicking a button, and understand how potential investors have engaged with your content. Learn more here or give Visible a free try for 14 days here.

At its core, a successful fundraise comes down to storytelling. Founders need to tell a narrative to investors that piques their interest and ultimately leads to a check down the road. As Kristian Andersen of High Alpha puts it, “I always encourage founders to start with a story and think about it very fundamentally. Think about it very fundamentally. What is the plot? You have a protagonist, you have an antagonist, you have a climax. That storytelling structure can and should be applied to a pitch.” Outside of a verbal pitch, there are countless tools you can use to help tell your story. One of the most popular (and important) tools is a pitch deck. A pitch deck can be a powerful visual tool to help fuel your storytelling and increase your odds of a successful raise. In this guide, we’ll dive into what makes for a well-designed pitch deck. We cover everything from visualizing data to choosing fonts and layouts. What Makes a Good Pitch Deck Design A pitch deck is a tool that is used to visualize and assist with your story as you “pitch” a group. For this instance, we’ll be talking about pitch decks and how they apply to a venture fundraise. A pitch deck is a small but important part of a successful pitch and fundraise. Some investors won’t necessarily require a pitch deck, they are widely accepted (and expected). Some investors, like Gale Wilkinson of Vitalize, are fine with an investment memo, Notion document, or a pitch deck. If you do decide that building a pitch deck is right for your business, there are a few points to consider: Do you need a pitch deck? Why should someone care about your pitch? How long do you want it to be? How much context should you give investors before sharing it with them? How should you balance design vs. content? To learn more about building a pitch deck, check out this post from the team at High Alpha. At the end of the day, pitching your company (and building a pitch deck) is an opportunity to talk about your company and your vision — fundraising is incredibly difficult and time-consuming but it can and should be exciting! Lindsay Tjepkema, CEO of Casted, summed it perfectly when she said: “There’s nothing better than being able to talk to person after person about your company. That’s a great feeling and it’s exhilarating and it’s exciting to be able to share your passion with someone else. That’s also the hardest part because it’s your baby. And when you share something with so many people and you get so many nos, that’s hard.” Bottling up that passion for your company and vision can be a great backbone when going into creating your pitch deck. You are putting your company on display and want to make sure it is something you are personally confident and proud of. Related Reading: 18 Pitch Deck Examples for Any Startup Pitch Deck Designing Best Practices Different investors will tell you different things when it comes to pitch deck design. Some will say it needs to be polished and perfect. Others will say too well-designed is a signal a founder is spending too much time on it (and not enough on the business). What you present and share with investors is ultimately up to you but there are a few key focus areas if you’re not sure where to get started with your design: Keep it Simple Keeping your pitch deck simple is incredibly important. Investors are likely looking through hundreds or thousands of decks in a given year so keeping it simple and digestible is important. A few tips to keep things simple: Has a natural flow Legible fonts Simple branding Easy-to-understand data visualizations and images Media files are digestible Be Awesome at Storytelling As we mentioned at the beginning of this post, a pitch deck is ultimately a tool to help you tell your story. You can quite literally think through your pitch deck as you would a story. What is the plot? Who is your audience? Who is the antagonist? Who is the protagonist? Use Data in Form of Charts and Graphs As we mentioned earlier, oftentimes simple is better. Charts, graphs, and data visualizations are your friend. They can be leveraged to easily and creatively display key data about your business. However, data without context can be dangerous. Investors are potentially looking through your data without you so make sure it is incredibly clear and can be understood if you’re not in the room with them. Whenever Possible Use Icons or images Different icons and images can be useful when trying to convey different messages and points throughout your pitch deck as well. Instead of writing a story of how a customer is leveraging your product, consider using images of them and telling the story yourself. If you do decide to include images make sure they are high quality. This is true for company headshots and any supporting images throughout your pitch. Make Your Objective Crystal Clear If you’re keeping your pitch deck simple you should only be including things that are necessary to your story and pitch. Each slide should be well thought out and have an obvious point or call to action that you are trying to get across. No matter what the content is on a given slide (image, written, video, etc.) the point and intent should be obvious. Consider Using Different Types of Layouts You can keep your pitch deck simple but engaging at the same time. Different layouts are a great way to put emphasis on different points and sections of your story and pitch. For example, if you want to highlight a big problem or metric that is exciting, you can use a big splash like the example below: Or if you want to demonstrate how you’ll be putting capital to use, you can use a timeline like the example below: Use a Chart to Display Milestones While a story is a driving force behind a pitch, investors will want to dig into different data points and metrics from your success thus far. Be sure to include charts that show traction or growth. These can be great areas to excite and motivate your investors to move through the fundraise quickly. Consider a Professional Pitch Deck Designer Of course, being a founder is incredibly busy. You are building your business, hiring, closing customers, and more so designing your pitch deck might sit on the backburner. In order to help you build a great pitch deck, there are countless agencies and tools out there to help you. Freelancers are a great option or the team at 4th & King has helped founders raise $5B+ with their help. Related Resource: Our Startup Pitch Deck Template Pitch Deck Designs Brought to you by Visible Fundraising and pitching your company is incredibly difficult. No matter where you land on the importance of a well-designed pitch deck, just remember it is an opportunity for you to talk about your company and passion to hundreds of investors. If you’d like to learn more about building your pitch deck, check out our in-depth guide, “Tips for Creating an Investor Pitch Deck.” Visible is here to help with your next fundraise. Find investors, share your pitch deck, and track your raise all from one place. Try it for free for 14 days here.

With an average round size of $58M, a company’s Series B Round is a serious endeavor. Early funding rounds such as pre-seed, seed, or even Series A, are all about showcasing the potential for your business and generating monetary buy-in to make that potential a reality. With a Series B, the stakes are much higher. A Series B Round is about building on proven momentum and securing further confidence that your business continues to be a strong, fast-growing, and profitable investment for the VCs and private investors participating. Instead of proving to investors why they should help launch or fuel the early potential of your business, a perfect series B round pitch deck is all about demonstrating to investors that your company is a rocketship and this is their ticket to the moon. Examples of Series B Funding Rounds Making it to a point in your business where it makes sense to raise a Series B round. With less than 5% of SaaS startups making it past the first year, raising any money at all is a risk and an opportunity most companies don’t even get. With the high growth that is possible with significant Series B funding, it’s important to understand what a Series B round even looks like. We’ve outlined 5 different Series B rounds to explore: Iterable – $23M In December 2016, Iterable announced their 23M Series B round. Iterable is a cross-channel platform that powers unified customer experiences and empowers marketers to create, optimize and measure every interaction throughout the customer journey. The company has gone on to continue it’s massive growth raising over $300M to date. . Their 2016 Series B was led by Index Ventures, with participation from CRV and previous angel investors. Per a note from their CEO, the round’s purpose was presented for product-specific innovations alongside marketing, sales, and engineering team growth. Lattice – $15M After launching in 2015 and participating in Y-Combinator in 2016, the performance management platform scaled quickly, raising a $15M Series B in 2019. Although on the smaller side of Series B, the investment was led by Shasta Ventures with participation from Thrive and Khosla Ventures as well. At the time of their series B, Lattice had surpassed the 1,000 customer mark – providing incredible credibility and excitement for the investors participating in this round. Beekeeper – $45M  Beekeeper, the mobile platform for frontline communication, raised a significant Series B to kick off 2021. The Swiss-based company with offices in Poland, Germany, and the US raised this round with a large number of investors participating. The round was co-led by Thayer Ventures and Swisscanto Invest, with participation from other investors including Atomico, Alpana Ventures, Edenred Capital Partners, Fyrfly, Hammer Team, High Sage Ventures, investiere, Keen Venture Partners, Samsung NEXT, Swiss Post, and Swisscom. Beekeeper’s largest target market is the hospitality industry and after the large hit that industry took in 2020, the demand for technology to improve employee retention and effectiveness is more in-demand than ever making the value of Beekeeper higher than ever and a strong catalyst for this funding round. Evernote – $10M Throwing it back to 2009 when the financial market was uneasy, Evernote was able to prove enough value in a risky market to raise a $10M Series B. The suite of software for organizing notes and information across multiple platforms has universal appeal with a product-led growth strategy in place. This round was led by Morgenthaler Ventures, with participation from prior investors including DOCOMO Capital and Troika Dialog. Despite their ability to raise funding even in a questionable financial period, Evernote is a cautionary tale of more money, more problems. Despite the resources, they struggled with product decisions, leadership, and execution and have since been surpassed and fallen behind in their space. Calendly – $350M To close out the examples, we have to highlight one of the largest Series B rounds in recent memory. Calendly, the modern scheduling platform, raised a staggering $350M at the start of 2021 from OpenView Ventures and Iconiq. Prior to this incredibly large round, Calendly had only raised $550,000 but had 10M monthly users and 70M in subscription revenue last year. Poised as an especially valuable piece of software for the new wave of remote work as the norm, Calendly had the right validation and timing to close out this impressive round. Related Resource: Best Practices for Creating a Top-Notch Investment Presentation How to Get Investors Excited About Your Series B Pitch As a founder, its critical to bring a specific set of qualities and elements to the boardroom for your Series B pitch. The stakes are higher and confidence and preparedness are more critical than ever before. We suggest implementing a few tactics and pre-work steps to ensure the investors you’re pitching get excited by your series b pitch. Analyze and Prepare The quickest way you’ll lose credibility with an investing team is by coming unprepared to speak to the numbers. The SaaS metrics of your business should be your guiding light. Know them front to back, run through all the possible questions that each metric could spur. From average deal size to burn rate to ARR, make sure you have it down pat and expect the toughest questions about the data to come your way. If you thoroughly analyze and prepare to present the data completely with clear, data-driven rationale for every business decision and outcome fueling your Series B ask, you will prove major credibility to your potential investors and give them the confidence that their money is going to a team with the business savvy to handle and spend every dollar efficiently. Lead with Confidence You’ve got the SaaS metrics of your business down and could recite them in your sleep. However, if your delivery and presence during the pitch fall flat, it might not matter. Confidence is key when executing your Series B pitch. Show that not only do you know your numbers but that you know your business is in fact an extremely valuable business opportunity for these investors to participate in. Nobody wants to invest millions of dollars into a founding team that doesn’t seem to believe they can become a billion-dollar business. SaaS founders don’t become founders because it’s a quick way to make money. Rather, they validate a great idea and take big risks to realize that idea. This takes confidence to do well and that same confidence is critical to bring to the Series B pitch, a big step on the way to this big goal. Tailor to Your Audience Typically with a pre-seed, seed, or Series A round the firms you may be pitching are smaller and there might even be more of a focus on individual angel investors or friends and family. With Series B, the opportunity may be present to pitch to much larger, more established firms with prominent and successful investing experience. It’s crucial to keep this in mind and tailor your pitch to this new type of audience. Research your potential investors’ portfolios, understand their previous investments and position in your pitch, how an investment in your company is complementary to their current portfolio and investment style as well as how you add a new value and new opportunity not currently present in their portfolio today. Understand Your Competition While competitors can be tough for your sales team to navigate FUD and a pain in the side for your product team to ensure innovation and differentiation, strong competition can actually be a key sign of validation for your business to investors. However, it’s absolutely critical that you understand your competition inside and out for your Series B pitch. Competition shows that there is demand in the market (as there should be if you’re at the point of asking for Series B level money), but if you can’t properly differentiate why you win and why your take on the market is the superior one then an investor may choose to pass and seek out other investment opportunities in your space. Dig into the metrics of your competition as much as you do your own business. Spend time in your pitch highlighting the competitive landscape and outlining clearly (with confidence) the key differentiators for your biz and how you plan to lead the market. This will show investors that you are keenly aware of challenges and how to analytically approach those threats – showing good business sense. The Perfect Series B Pitch Deck (Step-by-Step Template) As with Series A, you might not have a lot of time to communicate your investor pitch or you may be one of the dozens of pitches that a particular investment team is hearing that day. This makes your pitch deck critical to nail. As a starting point, get an idea of strong pitch decks from Seed and beyond to understand the general styles and methodologies that have historically worked well for other SaaS companies. Bonus points if you study successful decks from the portfolios of investors you’re pitching to. Related Reading: 18 Pitch Deck Examples for Any Startup We recommend the following flow to ensure you capture the right information and nail your Series B Pitch. Fewer slides is better but each slide can be extended into a second slide as needed: Problem Slide Make it crystal clear what large problem exists, with specific emphasis on how big said problem is. Emphasize the metrics of the problem, how expensive is it? What is the potential financial opportunity in this problem space? If you’re asking for a big sum of money to solve said problem, it’s critical to really prove outright from the start of your pitch how critical that problem really is. Solution Slide Introduce your company as the solution to that massive problem. Keep it simple with a clear statement of what your company is and how you solve the problem. The solution equals your company and your company’s mission statement is how you aim to solve this massive problem. Metrics Slide Why are you worth a fair chance to solve the problem you’ve outlined? With seed or Series A it’s proving that the idea is strong and you have early signs of validation. With Series B, let existing success metrics validate this for you. Showcase significant growth metrics such as customer count, month over month or year over year growth, ARR, etc… Use these numbers to clearly capture and hold attention. Competitive Landscape and Advantage Further, call out that the problem your company solves is one worth solving. Highlight the market including any significant competitors, both indirect and direct, and concisely share how your approach to this problem is different and stronger. Further, validate with growth data vs. competitor growth data if possible. Related Reading: How to Model Total Addressable Market (Template Included) Product Highlights Naturally, your potential investors want to see the product but don’t think that means they have time for a full-fledged demo. Share 1-2 slides highlighting how the product works with some screenshots or a quick peek at the live platform. Make it clear how your end-user would interact with the product but don’t feature dump. Product Roadmap Talk about the possibility and future of your product. What will you do in the next 6 months, years, 5 years? Highlight how your product evolves with the problem and continue to expand its footprint in your defined space. Funding Use Plan Outline how you plan to use Series B funding. For most companies, this is a natural expansion of the product roadmap. However, if you have other growth plans such as hiring etc.. highlight that need to and what that expansion will let you do to scale and make money for your investors even faster. Team Slide Prior to closing, make sure to highlight the amazing team you work with. Highlight your executives, the existing board members, and investors. This is a good way to close with credibility and highlight the connections and team supporting what you do. Closing Slide Keep your close simple. Re-highlight your company mission and the big problem you plan to solve, thank the investors for your time, and open up for any questions if appropriate. Prepare Your Investors In Advance Just as you did with a seed round or Series A, the more you can prepare your investors (or potential investors) ahead of the time set for the actual Series B pitch meeting, the better. Plan to circulate the deck, a summary of your current terms sheet, high-level company info for new investors, and key metrics no later than 48-hours prior to your pitch. This will ensure that all investors and potential investors have a clear understanding of what your ask is and who your company is today. This pre-understanding will make your time more valuable and even allow investors to come prepared with or share questions before – making the time more valuable and pointed for all. Alongside your series B pitch deck, a simple company introduction deck can prove to be extremely valuable. How Visible Helps Startups Raise More in Series B The Series B Pitch is a major milestone for startup founders to achieve. You’ve shown your business is on the right path, have credible early success in the market, and are ready to take on more serious amounts of capital to scale. Mastering the Series B Pitch is possible by following a clear, data-driven, and confident approach, tailoring to your audience, and deeply understanding your competition as the landscape for your space takes off. The Visible pitch deck for a Series B Pitch offers a straightforward template for success with this next-level investment task. Visible is helpful for companies at all stages of growth but especially helpful for founders looking to improve and expand their investor communications. Check out a free trial of Visible – create your account and get started today.

As AngelList puts it, “Rollup Vehicles (RUVs) are special purpose vehicles (SPVs) that allow founders to consolidate multiple smaller investors into a single investing entity. It saves founders (and their legal teams) the hassle of collecting funds and signatures from many individuals, both to close the round in question and on future stockholder consents.” Jeromy Sonne, CEO and Founder of Decibel, recently leveraged RUVs and online communities to help raise a financing round. Jeromy was able to raise ~$150k from 41 different investors. The best part? He didn’t have to do a single investor call. Jeromy joined us to break down how he raised using an RUV. A few topics we discussed: What is a roll-up vehicle How do RUVs compare to SAFEs and other instruments How they can complement a financing round What tools and resources exist for raising via RUVs How Jeromy raised using an RUV

On season 2 of the Founders Forward Podcast, we interviewed 10 different startup investors. We covered everything from storytelling to mental health. However, fundraising was a constant theme throughout the season. Many of our guests broke down their thought processes and what they like to see from founders. As pitch decks continue to become an integral part of a fundraise, we dug into how different guests view and look for in pitch decks from potential investments. Check out our 5 favorite takeaways about pitch decks from season 2 below: Brett Brohl on the 4 Slide Pitch Deck Brett Brohl of Bread & Butter Ventures shares the idea of using an email intro deck. He suggests a 4 slide deck that your network can use to forward and share with potential investors. The idea is that a 4 slide deck gives a potential investor enough context to be intrigued but not too much information where they will already have a strong opinion on your company before meeting you. Listen to the full episode here. Elizabeth Yin on Using Pitch Decks for Conversation Elizabeth Yin of the Hustle Fund makes the case that founders don’t actually need a pitch deck. However, she does recommend that founders have a 5 slide pitch deck to use during the fundraising process. This gives the investor enough information but can lead to a conversation as opposed to a pure pitch. Listen to the full episode here. Kristian Andersen on Crafting Your Narrative with a Pitch Deck Kristian Andersen of High Alpha shares why a pitch deck is never a linear template. Kristian suggests that founders think about the story of their company and pitch before building their deck. The story should be applied to your pitch and can help build out the direction of your pitch deck. Listen to the full episode here. Ezra Galston on What to Share Before a Meeting Similar to Elizabeth Yin, Ezra Galston of Starting Line does not have a strong opinion on the medium founders use when sharing information with investors. However, he wants to make sure that he has enough context before having a conversation with a potential founder. Listen to the full episode here. Gale Wilkinson on Must-Haves in a Pitch Deck Gale Wilkinson of Vitalize recommends that founders have a pitch deck or one-pager that founders can share with potential investors. Gale goes on to break down the slides that she believes founders should always improve in their pitch deck. Listen to the full episode here.

On episode 10 of the Founders Forward Podcast, we welcome Gale Wilkinson. Gale is the Managing Partner at Vitalize Ventures — “an early-stage fund & angel community investing in software focused on future of work and future of learning.” About Gale Before starting Vitalize, Gale started her career in venture capital at Irish Angels. Gale is one of our favorite follows on Twitter where she shares tactical tips for founders on fundraising. She joins us to break down some of her most popular threads on Twitter and offers countless takeaways to help early-stage founders fundraise — covering everything from list building to ownership benchmarks. Our CEO, Mike Preuss, had the opportunity to sit down and chat with Gale. You can give the full episode a listen below (Or listen on Spotify, Apple Podcasts, or any standard podcast player): What You Can Expect to Learn from Gale How VC has changed over the last 10 years Why Vitalize is launching an angel group Why list building is vital to a successful fundraise How many investors a founder should expect to talk to during a raise What catches her eye in a cold email from a founder What she looks for in a pitch deck Why she cares about financial modeling at the early stages Related Resources Gale’s Twitter Gale’s LinkedIn Vitalize’s Visible Connect Profile [Thread] Gale on Cold Emails [Thread] Gale on Data Rooms [Blog] How Long Does Fundraising Take?

On episode 9 of the Founders Forward Podcast, we welcome Lisa Besserman. Lisa Besserman is the Managing Director at Expa — an accelerator based in Austin, TX dedicated to supporting pre-seed companies. About Lisa Lisa started her career as an economist but ultimately found her way to founding Startup Buenos Aires — an accelerator located in Buenos Aires to help support startups in Latin America. Since then, Lisa has made the move to Expa where is the managing director of their accelerator. Between her time at Startup Buenos Aires and Expa, Lisa has a wealth of knowledge related to all things company building, fundraising, and leading — especially at the early stages. Our CEO, Mike Preuss, had the opportunity to sit down and chat with Lisa. You can give the full episode a listen below (Or listen on Spotify, Apple Podcasts, or any standard podcast player): What You Can Expect to Learn from Lisa How founders can best connect with investors How to determine if an accelerator is right for your business What kind of companies Expa is interested in funding Why founders should try their best for a warm intro What she likes to see in a cold email How to determine how much to raise What she thinks the future of VC looks like Related Resources Lisa’s Twitter Lisa’s LinkedIn Application to apply for Expa Expa’s Visible Connect profile

Building a company is difficult. Being a founder can almost feel impossible. There are very few people that have been in the shoes of a founder. As a startup founder, there is no one better to learn from than the person that has been there before. The team at Novo recently raised a $41M Series A. Novo’s CEO, Micheal Rangel, was generous enough to join us and talk about how they raised it. Micheal breaks down everything from his preparation to pitch to metrics and more. A few topics we discuss: Determining if you are ready for your Series A How to prepare yourself for a raise How to prepare your company for a raise How to prepare your pitch and documents for a raise How to craft your Series A pitch deck and narrative

On episode 8 of the Founders Forward Podcast, we welcome Anne Dwane. Anne is the partner and co-founder at Village Global — an early-stage venture capital firm backed by successful entrepreneurs. About Anne Anne has a unique perspective on the VC space as she founded her first successful startup, Military.com, in the 1990s. After Military.com, Anne founded a startup later acquired by Chegg where she helped scale as they went public. Anne joins us to share what she has learned from time in the space. We discuss who founders should look to for advice, the thought process behind the roster of Village Global’s LPs, and how founders can build a fundraising process. Our CEO, Mike Preuss, had the opportunity to sit down and chat with Anne. You can give the full episode a listen below: What You Can Expect to Learn from Anne What Anne learned from helping scale Chegg How the startup world has transformed since her time founding Military.com in the 90s Why founders should look for a “thought partner” Why founders funding founders is a good thing How to build a fundraising process What she likes to see in a cold email from a founder Related Resources Anne’s Twitter Anne’s LinkedIn The Village Global application Village Global’s Visible Connect Profile

The pitch deck is the core marketing asset that jumpstarts any fundraising effort. It acts as the catalyst for connection, conversation, and relationship building. How Pitch Deck Sharing Works We talked to hundreds of founders, and three problems emerged around pitch deck sharing: I’m not sure how prepared a potential investor is before heading into a meeting. I’m under-networked. I share my deck to get meetings but want to understand who is engaged. I iterate on my deck every hour. Sharing the latest version is a pain. Introducing Visible Pitch Decks Today, we are launching Decks. A dead-simple way to host and share a pitch deck on Visible. Decks are completely integrated with our fundraising crm and leading investor updates platform. You’ll be able to set customized sharing permissions, notifications when investors view your deck, upload new versions without clicking a button, and understand how potential investors have engaged with your content. Just as a sales team has dedicated tools for their day-to-day, founders need dedicated tools for managing the most expensive asset they have, equity. Our community can now find investors, track a fundraise, and share a pitch deck directly from Visible and completely integrated. Want to see a Deck hosted on Visible in action? Take a look here. Whether we are building fundraising automation with our Zapier Connection or crafting integrations with companies like ProfitWell, we are driven by giving founders a better chance of success. It is going to be a very fun fall 😉 Up & to the right, Mike & The Visible Team

On episode 7 of the Founders Forward Podcast, we welcome Kristian Andersen. Kristian is a founder and partner at High Alpha, a venture studio located in Indianapolis. About Kristian Before launching High Alpha, Kristian founded the prolific design agency, Studio Science. During his time at Studio Science, Kristian primarily served software companies which ultimately led to him being a founding partner at High Alpha. Between Kristian’s experience at Studio Science and his time at High Alpha helping launch 30+ companies, it is safe to say he knows a thing or 2 about design and storytelling. Kristian joins us to break down how design can be a competitive advantage, the importance of storytelling in business, the High Alpha Studio model, and much more. Our CEO, Mike Preuss, had the opportunity to sit down and chat with Kristian. You can give the full episode a listen below: What You Can Expect to Learn from Kristian: How the High Alpha Studio models work What kind of co-founders they look for at High Alpha How design can be a competitive advantage Why storytelling is important in business and fundraising Why Coco Chanel, Teddy Roosevelt, and Ralph Lauren are great storytellers What he likes to see in a cold email from a founder Related Resources: Kristian’s Twitter Kristian’s website Apply to become a High Alpha Co-founder High Alpha’s Visible Connect Profile

We are just over halfway through season 2 of the Founders Forward. We’ve talked to 6 awesome investors and have dug into everything from pitch decks to mental health. To recap the first half of the season, we’ve shared our favorite quotes and thoughts from the season so far below. If you’d rather skip to a specific episode, you can do so below: The Supply & Demand of Venture with Kenn Shasta One of the questions we have asked all guests this year is, “What is one tip to help founders create momentum in their fundraise?” We’ve heard a flurry of great answers but really love the advice from Kenn So of Shasta Ventures. Kenn recommends founders start to include target investors on their monthly/quarterly Updates. This way investors already know what’s going on and have already build a trend line when it comes to your company. Give the full episode a listen below: Creating Momentum in Your Fundraise with Brett Brohl One of the most common mistakes we see founders make is underestimating the amount of time it takes to complete a fundraise. From finding and researching investors to signing a term sheet can take 5+ months. We love how Brett Brohl of Bread & Butter Ventures broke down a fundraise into 5 months, or 1-3-1: 1 month — Researching and finding the right investors 3 months — Actively pitching investors 1 month — Time to close after it is fully committed To learn more fundraising tips and advice for seed-stage founders, give the full episode with Brett a listen below: How to Create FOMO During a Fundraise with Elizabeth Yin When going out to raise a round of capital, most founders assume that you should try to find a few large investors that can fill the round so you can be done. However, Elizabeth Yin of Hustle Fund argues that small checks can be a really powerful tool. While there are certainly some downsides, smaller checks allow you to create momentum and build your network. Elizabeth shared an example of a portfolio company that landed one small investor who ended up introducing them to the majority of their investors. Give the full episode with Elizabeth a listen below: Building a Calm Company with Tyler Tringas One of the questions we have asked all guests is, “What catches your eye in a cold email from a founder?” Tyler Tringas of Calm Company Fund had a great and unique take. Tyler likes to see a quick video of the product actually working. This can help create excitement and give him an idea of the state of the product. Give our episode with Tyler a full listen below: How Founders Can Address Their Mental Health with Ezra Galston Before sitting a meeting with an investor there is an expectation that you will send over some kind of pitch deck or data or synopsis. Some investors will tell you full deck. Others might suggest a mini-deck. Regardless of the medium, Ezra Galston of Starting Line just wants enough context to have a good conversation. Sending over enough context beforehand enables Ezra to understand some basics and have enough information to dig into questions and have a strong conversation. Give our interview with Ezra a full listen below: All Things Community-Led Growth with Corinne Riley A seed-stage and Series A fundraise can feel quite different for a founder. At the seed stage you likely have little to no revenue, few metrics, and a simple product. By the time you get to your Series A, you likely have product-market fit and have a solid revenue base. While the business might look different, some parts of your pitch stay the same. We love how Corinne Riley of Greylock breaks down constant things she looks for in a pitch, regardless of stage. Give the full episode with Corinne a listen below: How Design Can be a Competitive Advantage with Kristian Andersen A successful pitch and story can make or break a fundraise. As the co-founder of the venture studio, High Alpha, Kristian has helped countless early-stage companies craft their narratives and build their pitch deck. In our interview with Kristian, he points out the importance of starting with your story when crafting your pitch deck. The Past, Present, and Future of VC Funding with Anne Dwane As a first-time founder, finding someone you can lean on for advice and experience can be crucial. Anne Dwane of Village Global recommends that founders can find a “thought partner.” This might be a peer that is someone who is at a similar stage or only a step or 2 ahead. Determining if an Accelerator is Right For You with Lisa Besserman The importance of being able to send a strong cold email was a consistent topic with all of our guests this season. More than anything else, Lisa Besserman of Expa likes to see a deck from a founder. In our interview with Lisa, she breaks down what specifically she likes to see in a deck as well. How to Build an Investor List with Gale Wilkinson Fundraising generally mirrors a traditional B2B sales funnel. Just like a sales funnel, you need leads and a strong customer profile at the top to fuel your process. Gale Wilkinson of Vitalize suggests that founders have a running list of investors that are a fit for your business.

Raising capital in the early days of your business can have major implications later in your company lifecycle. Yin Wu, CEO of Pulley, joined us to walk through what to consider when determining how much to raise, setting valuations, and more. Yin joins us to talk about all things fundraising, cap tables, valuations, and dilution. You can expect to dig into some of the following topics Who should raise venture capital What is impacting recent valuations Raising using SAFEs Determining how much to raise Setting your company valuation How much dilution a seed company should expect to see

On episode 6, season 2 of the Founders Forward Podcast, we welcome Corinne Riley. Corinne is an investor at the prolific venture capital firm, Greylock, where she primarily invests in B2B companies. About Corinne Over the course of her career, Corinne has built a knack for helping companies build and develop a go-to-market motion. Corinne has extensive knowledge of community-led growth and helping companies grow at the earliest stages of their business. Corinne joins the show to break down community-led companies and the thought process behind her investment decision-making. Our CEO, Mike Preuss, had the opportunity to sit down and chat with Corinne. You can give the full episode a listen below: What You Can Expect to Learn from Corinne What a community-led company is How community-led growth can be a moat What the community commitment curve is What changes between a seed and series A pitch What data she would expect to see in a Series A company What she likes to see in a cold email from a founder Related Resources Corinne’s Twitter Common Room & Uncommon Corinne’s post on Community-Led Growth The Business of Belonging Greylocks’s Visible Connect Profile

Progressive disclosure is an interaction design principle that sequences screens, so users do not feel overwhelmed and inevitably bounce. Progressive Disclosure & Fundraising Founders should take note of this principle when reaching out to potential employees and investors. Your goal is always to get to the next step, not get hitched after 2,000 words. If you are connecting with someone for the first time, your goal should be to receive a response. Keep things between 50 to 250 words (just like this note). As Kunu says, do less. Use Visible for Your Next Fundraise No matter the series, size, or timing of your round, Visible is here to help. With Visible, you can manage every stage of your fundraising pipeline: Find investors at the top of your funnel with our free investor database, Visible Connect Track your conversations and move them through your funnel with our Fundraising CRM Share your pitch deck and monthly updates with potential investors Organize and share your most vital fundraising documents with data rooms Manage your fundraise from start to finish with Visible. Give it a free try for 14 days here.