How Gather AI secured funding, specifically highlighting their strategy for attracting investors and successfully navigating the fundraising process.
How Gather AI secured funding, specifically highlighting their strategy for attracting investors and successfully navigating the fundraising process. This would be valuable for founders seeking to understand investor outreach and fundraising strategies.
That's where the core thesis of gathering data using AI comes from. >> [snorts] >> The fascinating part was there were other companies including YC funded ones that have that had tried this before. And failed to materialize the technology as it should. So, whenever you went out to market to raise most of the people said that this is not possible cuz others have tried it. And and it it just doesn't quite work. And for us really the turning point came when during doing those investor interviews, we were also able to get a couple of customers on board to say I've seen this in my warehouse cuz we could we had full faith in our tech stack and our tech ability. >> [snorts] >> And if they build it, I'll buy it. Plus in SF uh we actually ended up, you know, right near Salesforce towers. We went to a couple of investor offices. We actually ended up flying drones and
setting up a mock warehouse in little investor offices to show them the stuff working. And that's what got us our first funding in. Uh that was back in early 2019. Right right.