self.space: $530K raised in 4.5 months from 10 investors

Raised $530K in 4.5 months from 10 investors for self.space - an AI-driven self-portrait studio, based in Dubai. Founders Dmitrii Muravev and Petr Bondarenko have worked together for 10+ years. Founded Fancy Shot marketing agency with $4M in revenue, clients include Nike, Apple, Google, etc. Won 100+ international awards, including 2 Cannes Lions. • Funnel People in network reached: 30 1-st meetings: 126 (received many intros) 2-nd meetings: 59 (47%) SAFEs signed: 10 (8%) Check size range: $20k - 75k • Pipeline channel Personal network and a question “Who do you think I should discuss it with?” • Runway 3 years, but don’t forget to include launch costs in your runway projections • Rejections Not a classical venture business “Simple” to copy product Investors wanted B2B revenue rather than B2C • Metrics Revenue at the end of fundraising: $0 Valuation: $3.5M-4.2M post SAFE • Top fundraising tips: Ask for advice - receive money, ask for money - receive advice doesn’t work anymore. Be honest with your intentions. Storytelling matters a lot. • If you had to raise again from scratch, what would you do differently? If it works, don’t touch it • Fundraising mistakes Don’t be too optimistic about your projection numbers. Don’t onboard investors you don’t have a match with. Get investor calls on https://fundraisly.com/