#22 Founder recommendations for fundraising | Special edition

This time, we’re bringing you a collection of recommendations from some of the founders who have already appeared on the “Hacking Rounds” podcast. Listen to this special edition for objective, straightforward advice. And if you’d like, you can listen to each episode individually.

#5 Peruvian Edtech startup Talently raises US $$700K

Guest founder: Doménica Obando - Talently

Tips:

• Add investors to your newsletter.
• Treat the fundraising process like a sales process.
• Find someone who can introduce you to the investor you’re interested in.
• For a round, you need to meet with 100 people (investors).
• Prepare your team for your absence.

#7 - Yana’s pre-seed round

Guest founder: Andrea Campos - Yana

Tips:

• Raising investment is a full-time job 
• Start looking for investment before you need it; keep in mind that it will take you at least 6 months.
• Mexican and US investors will assess you differently.

“Don’t let what you hear at the funds you’re pitching to discourage you. Sometimes you’ll get very tough feedback, like ‘This isn’t a business’ or ‘This doesn’t work.’”

‍#15 Hackmetrix’s $$1.5M seed round

Guest founder: Adriel Araujo - Hackmetrix

Tips:

• Send a newsletter to investors who decided to pass on that round.

“Don’t open a round and start looking for money when you need it. Start talking to investors before you need the money.”

#17 Seed round ($1.5M USD) and building the future of Dark Kitchens

Guest founder: Pedro Neira - Megabite

Tips:

• Set the terms of the round.
• Put together a list of 50 potential investors.
• Practice your pitch with at least 10 entrepreneurs to get feedback.
• Pitch first to the investors who are least likely to invest in you.
• Change and improve your pitch as you get feedback and become more comfortable. 

#18 Raising a Series A at 22 years old | Elenas

Guest founder: Zach Oschin - Elenas

Tips:

• Prepare your company materials (learn about due diligence and data rooms, and download our due diligence checklist here).
• Get an introduction instead of sending a cold email.
• Prepare your team to run the company.

#20 Seed round and building the future of digital signatures | Cincel

Guest founder: Fernando Vera - Cincel

Tips:

• Have a list of 100 VCs before you start pitching.
• Take a sales-driven approach when pitching.
• Ask for feedback after every conversation.

Follow our podcast to hear more stories and recommendations from Latin American founders who have already raised investment.