Funden, Inc. Company Research Report
Company Overview
- Name: Funden, Inc.
- Mission: Funden aims to connect high-quality founders with high-quality capital by simplifying the often grueling fundraising process. Their mission is to allow founders and investors to focus on their core strengths while they handle the complexities of fundraising.
- Founded: No information is available.
- Founders: No information is available.
- Key People:
- Charles Pelletier - Venture Scout Director, known for networking and community building in the startup space.
- Nikita Pashkin - Senior Director, expert in venture, private equity, and finance.
- Jake Casas - VC-in-Residence, founder of SBIG based in Los Angeles.
- Zack Louw - Sr. Venture Scout, specializes in investor relations in the UK and EU markets.
- Andrew McMahon - Sr. Venture Scout, expertise in venture, investment banking, and startups.
- Siddharth Sareen - Venture Scout, go-to-market expert.
- Ray De Leon - VP, Operation, focused on operational excellence and business growth.
- Raidel Ruiz - CTO, experienced in leading tech teams for innovative software solutions.
- Ken Nelson - Director of Finance, ensures financial compliance and operational excellence.
- Headquarters: San Francisco, CA
- Number of Employees: No information is available.
- Revenue: No information is available.
- What the Company is Known For: Funden is known for its Assisted Fundraising program which aids startups in connecting with more than 1000+ venture capitalists (VCs) to streamline and automate the fundraising process.
Products
Assisted Fundraising
- Description: A managed fundraising service designed for founders who lack the bandwidth to manage every aspect of fundraising. This program offers strategic guidance, pitching assistance, and networking through warm introductions to VCs.
- Key Features:
- Partnering to perfect the pitch and creating effective strategy.
- Warm introductions to a network of over 1000 partner VCs.
- Outsourcing of fundraising tasks such as investor research and outreach.
- Strategic guidance and consulting tailored to a company’s fundraising phase.
- Valuation reports, fractional CFO services, and financial modeling.
- Investor narrative and pitch deck creation.
Recent Developments
- Recent Developments: No information is available.
- New Products Launched:
- Funden’s Assisted Fundraising was launched on June 28th, 2022, designed as a managed fundraising platform for busy founders.
- New Features Added to Existing Products: No information is available.
- New Partnerships: No information is available.
Testimonials and Customer Stories
- INK Games: Funden facilitated INK Games in organizing their $25M Series B.
- Cased: Partnered with Funden to accelerate their seed round fundraising.
- Loop: Funden provided a steady stream of investor meetings, enabling the founder to focus on business operations rather than cold outreach.
- 54e: Funden provided critical feedback on pitch decks, helping improve their fundraising process.
Notable Customer Experiences:
- Rickard Hansson (Weavy): Funden enhanced the storytelling aspect of their pitch decks, expediting investor meetings.
- Robert Towles (INK Games): Described Funden's introduction services as prompt and of high quality.
- Ted Nyman (Cased): Praised Funden for its adaptability and importance in their fundraiser.
- Tanyette Colon (Overpass): Commended Funden for its assistance in navigating the funding landscape.
Financial Accomplishments
- Founders using Funden: 180+
- Capital Being Raised: $445 million across all Funden partnerships.
- Intros Made: Over 2,000 introductions between founders and partner funds.
- Partner Funds: Over 1000 funds spanning various regions, verticals, and stages.
