Securing new funding is the most significant turning point for start-ups. Without proper funds in place, even the smartest start-up founders face difficulties. That’s the reason finding opportunities for fundraising in Houston comes in handy.
Why Houston is perfect for start-ups
With a pool of utmost talents, a market with lots of opportunities, and affordable working and living spaces, it is quite easy to understand why Houston is a perfect venue for start-up companies.
One of the main reasons to raise a start-up in Houston is the vast number of funding sources available in the city. If you are looking for fundraising in Houston for your start-up in Houston, then the followings are the best assistance you can opt for.
Assistance
Almost Nine-tenths of start-ups fail due to lack of fundraising assistance in Houston and only 35 percent of the rest of seed-funded start-ups succeed up to Series A. It is advised to take guidance from a concern/organization having seasoned entrepreneurs who can help you to avoid common drawbacks and provide you with widely proven funding-methods formulated for start-ups.
What do these concerns provide?
- They take care of all the complexities by providing their fundraising assistance in Houston and maintain investor relations on behalf of the start-up founders, setting a platform for them for long-term success.
- They introduce you to more investors who fit your investment profile.
- They have a formidable reputation with investors. Investors trust the choice of start-ups by these concerns.
- They provide a software platform to the founders to facilitate investor funding and manage corporate record keeping & compliance. Thus, saving countless hours of effort for the founders.
What are the prime steps of their assistance?
- They help in critical identification & pitching to accredited investors.
- They also guide to manage the process of documents getting delivered, properly reviewed, signed, and funds collected.
- They also work as co-investors with start-ups in most cases.
- Statistics show that each round of fundraising in Houston takes 4 to 9 months on average to complete, requiring almost 70% time, energy, and focus of a founder. The assistance of the expert concern ensures a hassle-free and rapid funding process. They know exactly how to raise money and hence save a lot of your precious time so that you can concentrate on growing your business!
- After the fund is collected, they manage the ongoing complex process of investor management, timely reporting, and compliance.
- They also provide a governance software platform that reduces the legal costs related to the drafting of the agreement, SEC compliance, and reporting. The software assists in CAP table management, investor management, monthly investor updates, and board governance.
Resources provided for nascent start-ups
If your start-up is at the budding stage and you are still exercising on product-market fit and not generating any revenue yet, then also these expert concerns provide Start-up tips by subscribing to their newsletters and other resources.
Once you achieve the stage of paying customers you can easily apply for their direct assistance programs.
A few essential tips for budding start-ups
- Consider raising the initial cash needed from friends and/or family, loans, etc.
- Start networking with other start-ups and go to the events organized to meet angel investors.
- Get an idea about Bootstrapping.
- Subscribe to any Stakeholder and Investor update service to speed up the process of fundraising in Houston.
- If you have a tech business start-up then you may consider a co-founder/partner. You just need to keep searching and selling your vision to find the right partner.
Hope these information will in a successful fundraising initiative in Houston.