Farewill Co-founder Dan Garrett explains how he went about raising their Series A round in January 2019.
“We raised £7.5m from a combination of existing investors and new angels and funds. Augmentum Fintech lead the round — with Tim Levene joining our board. Tim’s energy and experience is quite unbelievable. Apart from launching Betfair in 75 countries in 150 days, he’s also just funny, kind and a pleasure to be around.”
“It’s tough to put a number on what to raise and it has pros and cons either way. Tim was incredibly straightforward and honest with us. Everyone in Augmentum believes in our market and didn’t want us to raise too little. There’s a massive opportunity in changing the way the world deals with death and we put a good case forward for how we’d use the cash.”
Read the full article here