Tyred: £2.5M raised from 8 investors in 6 months

Raised £2.5M from 2 VC funds and 6 angel investors in 6 months for Tyred, all in one platform for bike management. A team of 3 co-founders: Lancelot, previously founded a drone filming agency. Daniel, founded a reinsurance data management startup and later worked as a software engineer at several enterprise companies. Nikita, lead European expansion at Fuse Energy, worked in Fuel Ventures, a VC fund, as an associate and were an analyst in JP Morgan & Renaissance Capital. • Funnel Investors reached: 100 1-st meetings: 15 2-nd meetings: 5 TSs signed: 2 Check size range: £10K-1.5M • Pipeline Cold outreach with deep preparation, including researching each fund’s investment thesis and identifying the most relevant partner to contact & network. • Lead investor Experienced angel investor became a lead • Pitch Deck & Data Room 2 versions of Pitch Deck (short&long) Raw data Client contracts Tech stack Team background (CVs) Hiring plan Distribution & acquisition channels Pitch Deck: https://shorturl.at/Ht7pO • Rejections Too small market Early traction We don’t invest in this industry • Lessons Learned What are your top fundraising tips for founders? Do your homework and identify relevant investors before you start fundraising. Everything starts with cold outreach, followed by warming up those connections. What's one fundraising mistake founders should avoid at all costs? Make sure that math is mathing Get investor calls on https://fundraisly.com/