A few years ago, I was building a consumer transportation startup in Asia, and ended up raising $12m in a Series A financing from First Round Capital. For context, we were looking at investors that had done well in our sector (consumer transportation), and First Round had invested in Uber at Seed.
With my second startup (Metal), we have built the AI-native operating system for founders raising VC that we wish had existed when we were raising for our first startup. The below write-up provides a playbook for founders raising Series A/B/C rounds (based on lessons learned from raising nine venture rounds over the past seven years).
Really like how the investor mapping feels more like a relationship graph than a cold list. The in-app round copilot sounds like a smart move too.
The product is awesome. It intuitively took a insanely detailed process I've done 100 times to map investment, connection, and likely intent of investor and gave me a 100 person/VC shortly to explore for my next round . The team, the founder, and the mission are all exceptional
We used Metal when it was in beta. Amazing product for finding investor fit and subsequent reach out. Usman is also a really nice guy. Everyone should run their early fund raises through Metal!
@james_neville Thanks a lot, James! Also, CONGRATS on raising multiple mega rounds over the past few years since you first started using Metal.
Puzzle
This is long overdue. Well done.