Ep. 119 How I Raised It with Roneil Rumburg of Audius

Produced by Foundersuite.com, "How I Raised It" goes behind the scenes with startup founders who have raised capital. This episode is with Roneil Rumburg, CEO of Audius.co, a decentralized audio streaming platform that directly connects artists and fans to share and discover content. In this episode, Roneil shares lessons he learned from his previous career as a VC. We discuss creating time pressure during a raise, controlling the process, finding an investor champion in the early days of a raise, biggest mistakes to avoid, and much more. The Company raised $5.5 million of Series A venture funding in a deal led by General Catalyst and Lightspeed Venture Partners. Kleiner Perkins, 122 West Ventures, Ascolta Ventures, and Pantera Capital also participated in the round. This series is produced by Foundersuite, makers of software to raise capital and manage investor relations. Foundersuite users have raised over $1.5 Billion since 2016. Learn more at www.foundersuite.com.