Getting off the ground
If you're ready to move from idea towards getting started or you're taking the next exciting step in your early growth but there's one key ingredient missing.... that critical early Seed funding!
Poised and ready, but painfully stalled until the funding can be secured is a frustrating position when time is ticking and more potential competitors are lining up to capture your customers.
You can't afford to lose traction, this is your moment, but you desperately need to close that first early seed round, so now the challenge begins!
Sobering funding statistics
The reality of the fundraising path ahead is quite sobering. Whether you have bootstrapped your business to life so far by begging, borrowing and using your savings, or had some early cash for a leg up from devoted friends and family, the next stage is a different proposition.
To secure that first vital amount of meaningly external investor funding to propel you to the next level you will be competing with thousands of fellow entrepreneurs. They are all trying to convince investors their business is the horse to back but the stats don’t fair well.
The drop out & failure rates from each stage of early businesses is scary with almost 90% of businesses failing within 3 years and between 80-90% continuing to drop out as they progress through each stage of funding. The process can be unforgiving and the underprepared will undoubtedly have lower odds of success in an already low success task.
However the rewards from success mean a shot at building your vision, so there is no shortage of Founders to play the fundraising game in a bid to snatch every penny of that precious investment from right under your nose for themselves.
From Seed to Green shoots
The initial & early seed stages test a founders entrepreneurial grit and ability to the max. This is the first real test to see if you can convince investors to part with significant amounts of cash and place a big bet on you. Family & friends who you know and have a relationship is one thing, but creating new relationships for money is something else completely. Being able to sell your vision to complete strangers and demonstrate you are the one to trust with their cash is a major landmark step. Receiving new investments is a huge validation for your business, you as a founder and you as a salesperson.
At the start of any Founders journey very few understand the fundraising process and why should they, most of this is new. But as a founder you need to wear many hats. Funding requires several new one’s to be pulled out the box and worn for all investors to see! You need to expand your knowledge base significantly overnight if you are to be successful. You need to learn a vast amount of niche and nuanced subjects, perform lots of new tasks, understand what investors want and don’t want and importantly prepare and execute it all, often by yourself or with little help whilst running a business. Intimidating yes, Impossible, no!
This is why FundingHero was born, to make the task fairer for all.
Making it fair for all
So, when you've got this far, we believe the playing field should be even, its only fair! We believe that everyone should have an equal chance when seeking to raise funding and the process should be easier to understand. You shouldn’t need a degree, or to be from a different side of society to make big strides. Potential entrepreneurs should be empowered to understand the process, learn for themselves in an accessible environment and at an affordable price. Crucially this learning will then stay with them throughout their entrepreneurial journeys raise after raise, business after business.
FundingHero’s goals are to allow more early & Seed stage Founders & businesses to stand a much better chance of making their visions become reality and hit those next big milestones in your business and visions journey as securing early Seed funding is hard.
Common pains with early seed fundraising
- Timing…. It's critical to know when & where to start
- Angels, VCs, Grants…. which are the right funding sources for you
- Little to no traction but full of promise… how to succeed at such an early stage
- How can we get a valuable advisor onboard…. where to find SMART money
- How much to raise or at what valuation…. The biggest question of all
- Legals… what is SEIS/EIS and what other legal paperwork do I need
These are some big pain points and questions to understand. They can act as complete barriers for many to even get started. Understandably intimidating, but can easily be overcome with the right knowledge, resources and determination.
Preparing for early seed funding success
Our mission is to enable you to focus on the things that really matter and bring down the funding barriers, FundingHero helps you to;
- Become fundraising ready when the time is right
- Create a clear plan & understanding of the time involved
- Demonstrate confidence in showcasing your business to investors
- Learn for yourself and not be solely reliant on 3rd parties
- Reduce the need to spend thousands on expensive fundraising fees
How we help you raise effectively
Our platform guides you step by step and provides you with:
- Fundraising dashboard to track your overall progress
- Simple step by step personalised strategic raise plan
- Easy to digest canvases covering the 6 funding pillars
- Financial model education
- Pitch deck templates & guides
- Market size tools
- Funding trackers (investors, meetings, events, commitments)
- Powerful commercial strategy & pricing tools
- Ready to use investor lists
- Dilution calculator
Placing the power in your hands
All of these tools help to put you in control of your own destiny to raise effectively with:
- 24/7 online access to our platform as you need it
- One central resource to manage your process through
- Empowered learning at your pace & convenience
If any of this resonates with you then FundingHero can help. The cost of failure could result in losing friends and family money, reputation, your livelihood or huge amounts of personal time & stresses spent building up to this moment.
Become a FundingHero
- Become fundraise ready
- Get an advantage over the rest
- Stand out from the crowd
Don't leave things to chance, make your own destiny and become a FundingHero now!