How has your business changed since receiving funding?
Additional information
Will you be looking to take further investment in the next 12 months?
Lauren K. asked a question to Co-founder
Category: About us
Date asked: Tuesday, May 28, 2019
Last reviewed: Friday, May 31, 2019
Alon P.
co-founder
Hi Lauren,
Since receiving our last round of funding (end Dec 2017), we were able to increase the team across the various functions in order to scale the business, including for example:
1. significantly expand the product and tech team, which led us to develop new product features in 2018 (video responses, chatbot etc.)
2. expand the business development team across our core markets in the UK and France, and now also in the USA.
3. invest more significantly in our marketing and lead gen. efforts, which is an area we will continue expand our investment in.
What we also tried to do is not to expand to aggressively in one go, in order to maintain our culture and ensuring we recruit great people. This is also why we are now considering the possibility of a next funding round in the next 1-2 years once we feel we are ready to expand further on the areas mentioned above and more.
What are important consideration for you as a member of the company when going through a funding round?
Friday, May 31, 2019
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