Building the Perfect Fundraising Data Room

In a recent post titled Right-Timing Your Fundraise, Wavemaker Partners’ Mikal Khoso described fundraising as telling a story illuminated by relevant metrics. Those metrics are consolidated in a fundraising data room. A natural next question for anyone raising capital should therefore be “What does the perfect data room look like?” As Hum Capital’s Co-Founder, President,…

Right-Timing Your Fundraise

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For a founder, startup fundraising often lurks like the monster in the closet. It’s one more thing on a to-do list. But without a clear sense of when to start, it’s easy to push off your fundraising. We caught up with Wavemaker Partners’ Mikal Khoso, an investor in Hum, to learn more about right-timing your…

Hum Webinar Recap: Ready to Raise? Time Your Fundraise Like a Pro

On November 18th, 2021, the Hum Capital team convened a panel of experts to discuss fundraising readiness, how to tell your company’s story, and when to pursue different types of financing when raising capital. Basile Senesi, Hum’s Chief Revenue Officer, moderated the panel, which included the following rockstar lineup: Mikal Khoso, Investor at Wavemaker Partners…

Hum Capital Expands into Equity Financing, Bringing True Choice to Fundraising

Less than 6 months after launching our Intelligent Capital Market (ICM), an AI-driven funding platform offering private companies a new way to raise non-dilutive financing, we are excited to announce our expansion into supporting equity financing. With our newly-secured broker/dealer license, Hum can now advise companies on equity raises, advancing our mission to become the…

Flexstrapping: The Flexible Financing Model

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At the heart of building a company is funding ongoing operations. Typically, the founder has an idea, maybe even an operating company, but needs more capital to grow. To bring that idea to fruition, the founder can sell equity to venture capitalists; self-fund through reinvesting revenues (also known as bootstrapping); or borrow money from banks…

5 Best Practices for an Efficient Fundraising Process

As a marketplace for raising capital, we see hundreds of private-market transactions every year and recently raised our own Series A. Suhail Hafiz, VP of Finance & Strategy, was deeply involved in that process. In this primer, he shares fundraising best practices for running an efficient process. What metrics matter? How well do you tell…

Expectations Versus Realities of Non-Dilutive Financing

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Non-dilutive financing (also known as debt) has lots of benefits when it comes to funding a growing company. But it also has drawbacks. In this article, Hum Capital’s Ryan Ridgway explains what it’s like for growth-stage companies to raise debt and to live with it, now and in the future. In our earlier post, we…

5 Fundraising Mistakes – And How to Avoid Them

What you don’t know—especially about fundraising—can hurt your company. In our earlier post, we discussed alternate options to equity funding, so we’ll assume that you’ve avoided the mistake of overlooking debt as an option for your business. Equity can be a great way to raise money, but non-dilutive financing, or different types of debt, also…

Devil in the Details: Negotiating Your Debt Term Sheet

The classic startup is funded by selling founder equity, often to venture capitalists. But there’s an alternative, one that almost 50% of entrepreneurs wish they’d known about—debt or non-dilutive financing.1 With debt, founders get the upfront cash they need without giving away their equity. In 2020, lenders issued $27.5 billion in venture debt, let alone…

Hum Webinar Recap: Growing Your Subscription Business With Less Dilution

On September 14th, 2021, the Hum Capital team convened a panel of experts to learn about the ins and outs of non-dilutive and debt financing for recurring revenue businesses. Michael Slawson, Head of Growth, moderated the panel, which included the following panelists: Nikunj Mehta, Founder and CEO of Falkonry Ed Wu, Managing Director at Bastion…