Lena Späth’s Post

🎉 Exciting News! 🎉 We are thrilled to announce that Novel has secured an oversubscribed $15M Pre-Series A round! Including previous rounds, this brings our total funding to over $130M, fueling the expansion of our groundbreaking Capital Intelligence™ platform. Our mission for this next chapter is clear: transform how tech Founders fund and grow their businesses. In addition to the $100M+ in non-dilutive funding that we’ve already provided, we’re also rolling out a comprehensive, data-driven platform for Founders, including: -The CEO Dashboard: A real-time view of crucial metrics. -Valuation Tool: Benchmark your worth against thousands of startups. -VentureMatch™ (Beta): Connects Founders with top VC firms. Special thanks to IGNIA Partners and Ulu Ventures for co-leading this round, which will help us continue to give SaaS Founders the resources they need to scale faster and plan better exit strategies.  Stay tuned, we’ve got big things in store! 🚀 #FinTech #SaaS #NonDilutiveFunding #CapitalIntelligence #Innovation #TechStartups #NovelCapital #SeriesA #FundingRound 

Did you know that Moniepoint Inc. operated for over three years before securing its first round of funding? In 2019, it raised $5.5 million in Series A, having already served over three million customers. By 2020, the company was processing $160 million monthly, with an impressive $3.9 billion in annual transaction value. Bootstrapping, like Moniepoint's early days, is a strategic choice that gives founders greater control and ownership. It’s about growing your startup with minimal external funding, relying instead on personal savings, revenue, and disciplined financial planning. Do you want to know how these strategies can support your startup’s growth? Check out our blog post on growth strategies for bootstrapping tech startups: https://lnkd.in/eaiBkH78 #Gigson #Moniepoint #Bootstrapping #startupgrowth

Did you know that Facebook Marketplace is a gold mine for validating your business ideas and connecting with local customers? Read about the incredible potential of Marketplace for startups. https://lnkd.in/euDiANb9 #FacebookMarketplace #StartupGrowth #LocalBusiness

Did you know that Facebook Marketplace is a gold mine for validating your business ideas and connecting with local customers? Read about the incredible potential of Marketplace for startups. https://lnkd.in/eg54A9Pe #FacebookMarketplace #StartupGrowth #LocalBusiness

Have you noticed the buzz around VC-backed startups going public this year? The IPO market is heating up with some exciting names on the horizon. Let’s dive into the top startups expected to make a splash in 2024. 𝐒𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥 𝐈𝐏𝐎𝐬 𝐢𝐧 𝟐𝟎𝟐𝟒 𝟏. 𝐑𝐞𝐝𝐝𝐢𝐭: This popular social media platform went public in March 2024, raising $748 million. Despite an initial share decline, Reddit’s debut signals a potential tech IPO rebound. 𝟐. 𝐀𝐬𝐭𝐞𝐫𝐚 𝐋𝐚𝐛𝐬: The semiconductor company also went public in March, raising $713 million. Shares dipped post-IPO, but Astera Labs’ strong start boosts optimism for tech IPOs. 𝐔𝐩𝐜𝐨𝐦𝐢𝐧𝐠 𝐇𝐢𝐠𝐡𝐥𝐲 𝐀𝐧𝐭𝐢𝐜𝐢𝐩𝐚𝐭𝐞𝐝 𝐈𝐏𝐎𝐬 𝟏.𝐈𝐛𝐨𝐭𝐭𝐚: Known for its cash-back and rewards program, Ibotta is gearing up for its IPO. With a 52% year-on-year revenue increase to $320 million in 2023 and a new B2B2C approach, it’s set to impress investors. 𝟐. 𝐑𝐮𝐛𝐫𝐢𝐤: This cloud data security provider is debuting next week, aiming to raise up to $713 million. Although unprofitable, Rubrik’s focus on data management and security offers a compelling story for investors. 𝐎𝐭𝐡𝐞𝐫 𝐍𝐨𝐭𝐚𝐛𝐥𝐞 𝐕𝐂-𝐁𝐚𝐜𝐤𝐞𝐝 𝐒𝐭𝐚𝐫𝐭𝐮𝐩𝐬 𝟏. 𝐙𝐨𝐜𝐝𝐨𝐜: This healthcare platform has a 92% chance of going public in 2024, according to Pitchbook. 𝟐. 𝐍𝐨𝐫𝐭𝐡𝐯𝐨𝐥𝐭: The Swedish lithium-ion battery maker has a 97% chance of an IPO this year. 𝟑. 𝐙𝐢𝐩𝐥𝐢𝐧𝐞: The drone delivery startup boasts a 97% IPO probability. 𝟒. 𝐊𝐥𝐚𝐫𝐧𝐚: The fintech firm, specializing in payment processing for online retailers, has a 92% chance of IPOing in 2024. 𝟓. 𝐒𝐭𝐫𝐢𝐩𝐞: The Dublin-based fintech company has a 96% likelihood of going public this year. The successful IPOs of Reddit and Astera Labs, along with the anticipated debut of Ibotta, have generated excitement for a potential tech IPO resurgence. However, the performance of unprofitable unicorns like Rubrik will be crucial in gauging investor appetite for growth-oriented tech companies. As 2024 progresses, all eyes will be on the IPO landscape. Which startup are you most excited to see go public? 🤔 #IPO #VentureCapital #StartupFunding #InvestmentTrends #Technology #IT

Why Co-Founders Matter: The Backbone of Tech Startups? Tech startups often rely on strong co-founder dynamics. Here’s why they matter: 1. Complementary Skills: A successful co-founder partnership combines technical, operational, and business skills. 2. Shared Vision: Co-founders must be aligned in their vision for the startup’s future. 3. Conflict Resolution: Strong co-founders know how to navigate disagreements and pivot when needed. 4. Workload Sharing: The journey of scaling a tech startup is intense—shared responsibility is key. Investors should assess how well co-founders complement and trust each other.

List of Top New Websites for Tech Startups Most startup businesses look for initial recognition. The first 30 days are critical. They use this time to introduce all potential founders to the company. It is a must to introduce even the advertisers, venture capitalists, seed investors, etc, to the company. https://lnkd.in/gfYzh_qD #TechStartups #EntrepreneurResources #StartupAdvice #NewWebsites #TechIndustry #InnovationTools #StartupGrowth #Networking #StartupSuccess #StartupsCommunity #StartupWorld TechCrunch Ivan Mehta Product Hunt Kevin William David BetaList Marc Köhlbrugge Crunchbase Nealesh Patel

From budgeting to scaling, mastering financial strategies is key to growing your tech startup from seed to unicorn. Here's what every founder should know! 🚀 #Startups Read our latest blog: https://lnkd.in/gw9eM_-C

Yes, you read that right! A decade of zero-interest rates led to a frenzy of startup funding in 2021. While companies got funded thick and fast, it came at the cost of not-so-awesome deal terms and bad due diligence. Then came the Funding Winter of 2022 and 2023 as more and more startups competed for funds. Will VC funding numbers hit those astronomical highs again? Comment and let us know your thoughts! #StartupFunding #VentureCapital #DueDiligence #InvestorInsights #EconomicTrends

📢 entries.dk Has Launched! 🚀 Exciting news! We've officially launched entries.dk, a matchmaking platform designed to connect startups with investors who are passionate about supporting innovation. What is entries.dk? We're on a mission to simplify the fundraising process and empower startups to thrive. Our platform provides a space for startups to showcase their vision and connect with investors who share their goals. Stay Tuned! We're just getting started, and we have big plans for entries.dk. Stay tuned for updates as we continue to build and refine our platform to best serve the startup ecosystem. #entriesdk #startupfunding #investinginpeople #matchmakingplatform #launch #proud #innovation