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The Silicon Dreams - Press

The lightning-fast Series A (that was 3 years in the making)

by RJ Shara | Mar 19, 2021 | Startups | 0 comments

Nathan Beckord Factor
Share on Twitter Nathan Beckord is CEO of Foundersuite.com, a software platform for raising capital and handling financiers that has actually assisted business owners raise over $2 billion given that 2016. He is also the host of <a href="https://soundcloud.com/user-2586856/ep-121-how-i-raised-it-with-aydin-mirzaee-of-fellowapp">Foundersuite’s How I Raised It</a> podcast.</div> <div class="contributor-byline__more-articles"> <span class="more-articles-title">More posts by this factor</span> </p> <ul class="more-articles-list"> <li><a href="https://techcrunch.com/2020/11/23/founders-seeking-their-first-check-need-a-fundraising-sales-funnel/">Founders seeking their very first check require a fundraising sales funnel</a></li> <li><a href="https://techcrunch.com/2020/09/23/fundraising-lessons-from-david-rogier-of-masterclass/">Fundraising lessons from David Rogier of MasterClass</a></li> </ul></div> </p></div> </div> <p id="speakable-summary">Christine Tao runs<a href="https://www.soundingboardinc.com/"> Sounding Board</a>, a business founded in 2016 that provides executive training services to leaders at significant business like Kraft and Heinz. Not long back, she was the one in requirement of a coach.</p> <p> Prior to that, Tao discovered herself in a new high-powered position at the mobile marketing business Tapjoy. She had plenty of sales experience, she was now working in an executive role leading the business’s entire sales personnel. It was a hard learning curve. However the company’s board combined her with an executive coach, Lori Mazan, who eventually helped Tao be successful.</p> <p>“That really had an extensive effect, not just on my expert advancement, however my individual advancement too,” Tao stated.</p> <div class="article-block block--pullout block--left"> <blockquote><p> Program financiers that you’re devoted to following through. That makes all the difference. </p></blockquote></div> </p> <p>Later, Tao and Mazan collaborated to release Sounding Board, a service with an exclusive algorithm that matches individuals with coaches. Its capabilities-driven design can even measure the effect of the training.</p> <p>At the start, Tao didn’t have numerous resources. Eventually, she raised $15 million in a pre-seed and Series A round. A remarkable group of financiers participated the action, consisting of<a href="https://www.linkedin.com/in/roybahat"> Roy Bahat of Bloomberg Beta</a>,<a href="https://precursorvc.com/team_member/charles-hudson/"> Charles Hudson of Precursor Ventures</a> and<a href="https://www.canaan.com/team/maha-ibrahim"> Maha Ibrahim of Canaan</a>.</p> <p>On<a href="https://blog.foundersuite.com/how-i-raised-it-with-christine-tao-of-sounding-board/"> an episode of the “How I Raised It” podcast</a>, Tao spoke about raising cash quickly, honing your technique and returning on your feet after all you hear is “no.”</p> <h2>Start scrappy</h2> <p>From the very starting, Tao had big ideas.</p> <p>She wanted to make training available to all sorts of executive leaders. The service would not simply be for remedying bad behavior, as coaching had remained in the past, however about helping executives grow and establish so that they might lead their companies with their best foot forward. Tao also aimed to make training available through remote technology.</p> <p>The problem was, Tao didn’t quite have the resources to begin. Turning those ideas into an operating organization seemed about as practical as climbing Mount Everest.</p> <p><div class="extra-crunch-offer-container"></div> <p><img loading="lazy" src="http://feeds.feedburner.com/~r/techcrunch/startups/~4/EFr0rPtaKLU" height="1" width="1" alt="" /> <img loading="lazy" src="http://feeds.feedburner.com/~r/techcrunch/startups/~4/EFr0rPtaKLU" height="1" width="1" /> Article curated by <a href="https://rjshara.biz">RJ Shara</a> from <a href="http://feedproxy.google.com/~r/techcrunch/startups/~3/EFr0rPtaKLU/">Source</a>. RJ Shara is a Bay Area Radio Host (Radio Jockey) who talks about the startup ecosystem – entrepreneurs, investments, policies and more on her show The Silicon Dreams. 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