Startup Funding Our Seed & Series A Fundraising Story

What this short covers

Itamar Friedman, founder of Qodo, discusses his journey of raising $50M in seed and Series A funding before product launch, highlighting the importance of vision and meeting a critical market need. He emphasizes culture as a strategic asset, embedding values like “move fast with confidence” and “persistence” into Qodo from day one.

Transcript

How much capital have you guys raised to date and what has been the journey you know this second time around to to raising? Yeah, so we we raised our series the seed um round in 2022 the second half when it was like kind of a downtime. It was uh and we raised 10 million seed without having one line of code. Uh we didn't want more than that. Uh we felt that we need to be um responsible with what we saw in the market back in the days. I think it was a good decision. And and then uh almost a year after we raised $40 million uh dollars in uh in the series A uh uh we still have most of the money in the bank um rather uh some of it from ARR. Air.

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