Seed Stage Digital Health Fund Raises Over $50 Million in Just Six Months!
VCengine 's Targeted Outreach Approach Helps Achieve an Impressive Engagement Rate with Qualified Limited Partners
We are excited to share that our client, a seed-stage fund dedicated to digital health technologies, has successfully raised over $50 million in just six months! As experts in fundraising and outreach, VCengine is proud to have played a part in this impressive achievement.
Our client's investment criteria centered on the intersection of management, market size, market readiness, and business model. They invested in infrastructural solutions that enable healthcare technologies to scale, ensuring a positive impact on the industry.
Through VCengine's relationships and omnichannel outreach approach to family offices, institutional investors, and registered investment advisors in the USA, we were able to engage with qualified limited partners (LPs) and achieve an outstanding engagement rate.
Our targeted campaign resulted in approximately:
VCengine completed 14 calls with qualified LPs within two months.
The Healthcare and Life Sciences funds' performance had an average engagement rate of 30.10%, which exceeded our data room engagement rate of 4.73%. These metrics demonstrate the success of our targeted outreach approach and the effectiveness of our messaging in capturing the interest of our target LPs.
By focusing on LPs who invest in new fund managers with a track record of investing in healthcare-focused funds, our client exceeded their fundraising goals. We are thrilled to have contributed to their success using VCengine's powerful outreach platform.
Congratulations🎉to our client for this fantastic achievement, and we look forward to seeing their continued impact on the healthcare industry.
But what exactly is VCengine?
VCengine is a California-based Investment Banking SaaS platform that simplifies capital raising for startups, non-tech businesses, and institutional investors (Venture Capital, Private Equity, Family Offices, and many others)
While VCengine's human layer is more than qualified, it still cannot fill the gap when it comes to finding the right investors. Conducting research on all available investors and reaching out to them individually is an inefficient and tedious process that would waste a lot of time and manpower.
Here is where our AI-powered investor database comes to the rescue in addition to our extensive network of over 32,000 angels, venture capitalists, limited partners, private equity funds, and family offices spread across the globe.
Our mission is to give every entrepreneur in the world access to the best investors in the world.
With a human-driven tech stack, VCengine provides customized solutions to each client. The company's team of financial experts, advisors, and designers helps startups create pitch decks and business plans, negotiate deals with investors, and take care of every aspect of the fundraising process.
Here are some tips on fundraising from us as a bonus:
Why work with us? Here are some points:
- Proven Success - Over 900+ successful fund raises, 25,000 investment firms, 6,000+ angels, and $3B+ in transaction history
- Personalized Support - Work with a team of experts to tailor your business plan to your specific needs and present your business in the best possible light
- Access to Investors - Connect with a wide range of investors through our established relationships, with over 5000+ meetings per month
- Investor Engagement - Track and maintain reports of investor activity, see which investors have viewed and responded to your deal, and aim for 50 to 600 investor engagements per deal
- Fast Response Time - Receive support with a commitment to a fast response time of 12 hours or less
Let us help you turn your fundraising goals into reality!
Connect with us via our website: www.vcengine.com
And also check out this opportunity to network with investors:
Recommended by LinkedIn
TiE Global Angels Investor Summit 2023!
TiE Global Angels Investor Summit (in association with TiE SoCal Angels) is one of the largest gatherings of venture capitalists, angels, family offices, and individual investors on the West Coast of the United States.
You can get a discounted ticket by using the code LUKE5 (for pitching) or LUKE300 (for Summit Pass) here:
WHY ATTEND?
This event will be the hotbed for Networking, Discussing Trends & Deal-making.
Held at the prestigious Sheraton, Cerritos, this event is a must-attend event for investors as well as startups looking to build long-lasting relationships in the Southern California ecosystem. The last few years of this event were well received by Startups and Investors alike and the event attracted 550+ attendees overall. This year, the event is going to be even bigger and better.
200+ Investors are expected to attend the event this year including venture capital firms, angel investors, family offices, and individual investors.
All investors are screened prior to receiving admission. Fewer than 100 startups are issued tickets for admission, 25 startup tables are available and only 12 companies will be allowed to pitch.
WHO SHOULD ATTEND?
Startups from the following industries: Fin-Tech, Bio-Tech, AI/ML, Big Data, Cyber Security, Cannabis, Blockchain, Health and Wellness, Media/Entertainment, Gaming, CPG, and Enterprise Software
SUMMIT PROGRAM & FEATURES
- Access to funding resources
- Present your business ideas to investors
- Virtual profile with Videos
- Business Networking To Maximize Exposure
INVESTORS
If you are part of the startup ecosystem, this event is where you can get the pulse of the industry. Spend a day with the most prominent investors from Southern California talking about trends, deals, and plans for the future. We will have a curated list of startups that match your investment criteria available for you. The profiles will be available a week before the event so you will know exactly who will be in the room.
Get your PITCHING ticket with a 5% discount by using the code LUKE5 and the following link:
YOU CAN GET A $300 DISCOUNT FOR THE SUMMIT PASS BY USING THE CODE LUKE300
Post by Lachezar Zanev (Luke), Ambassador at TiE SoCal Angels & VCengine
Join my Founders & Funders Discord server called Venture Network below:
ASK ME HOW CloudKitect can build a Generative AI platform for you in an hour? Cloud Architect as a Service differs from the usual DevOps as a Service.
1yWow that’s remarkable, can you share some advice to help others 😀
Investor | Head of Capital Markets | Strategic Capital Advisor | CRE, PE, VC | Investor Relations | Placement Agent | Buy-Side Investor Representation
1yIt was hard, but exciting journey Lachezar Zanev & Dr. Donald Moine!
Donald Moine, Ph.D., Organizational Psychologist. Rapid Growth Strategies for Financial Advisors, Insurance Agents and Company Founders. Expert Witness. Executive Coach. International Consultant. Speaker. Author.
1yLachezar Zanev That is a great success story. It seems like just a few investors put in what amounted to a total of $50 million. This is the opposite of crowdfunding where a large number of investors put in small amounts of money. Dr. Donald Moine
USMC Veteran | Operations Manager @ Legends Attractions, Startup/VC Market Research & GTM Strategies
1yYou guys are awesome 🦾
Realtor Associate @ Next Trend Realty LLC | HAR REALTOR, IRS Tax Preparer
1yInspiring.