“A big challenge has been deciphering the right path, with so many conflicting opinions regarding how much capital you should raise,” says Savannah de Savary, founder of IndustryHub, a proptech start-up that offers a sort of who’s who of development.
“Some advisers suggested funding was drying up for tech start-ups and we should raise as much as we could to tide us over, rather than enough for the typical runway of 12 to 18 months. Other start-up veterans were adamant that you should initially set out to raise less than you ideally need, as you don’t want to fall short of your target.”
De Savary has shared her journey from the birth of an idea to the chase for funding through the pages of EG. Follow her journey and make up your own mind as to whether she should win EG’s Rising Star, here: