2023 Report on Angel Investing in Canada 121923W6

144

Vaultt.com Vaulted

BY CAPITAL ANGEL NETWORK AND SHEBOOT

I have a post-it-note on my computer monitor that re- minds me about why and how I started, and keeps me motivated on a daily basis: "It only takes one person to believe." In 2019, I went out to raise the first round of capital for my company, Vaultt. I was a well-seasoned entrepre- neur with 25 years under my belt, but raising dilutive funding for a pre-product, pre-revenue Startup was new to me. I did know that the odds were against me as a sole woman founder and that, typically, founders like me received less than 3% of all the funding available.

My first pitch to the Capital Angel Network was unsuc- cessful, I received no investment. What I did get was their feedback. This ended up being more valuable than the dollars. They had objections, questions, and advice. We reviewed our strategy, refocused, and pivoted.

Keep reading at www.nacocanada.com/spotlights

2023 ANNUAL REPORT ON ANGEL INVESTING IN CANADA

Powered by