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POPin Blog

Getting a B Round: Team, Product Fit, and a Little Grit

After many months of struggle I was able to raise an A Round of funding for my company in October of 2015. I chronicled the semi debacle here: http://www.forbes.com/sites/groupthink/2015/11/13/how-i-almost-screwed-up-raising-a-6m-a-round/#67ea34f46de1 Just months after we raised our round, valuations and funding got much, much more difficult. All the back and forth I had gone through of whether I should wait to raise and get a better valuation in the new year seemed almost comical by Christmas. I was lucky I got it done. We were unproven, creating a new space, and based in Southern California. Not exactly the Silicon Valley formula for what to fund.