The Shake.io Success Story: A Journey of Strategic Fundraising
January 21st, 2024
At AngelsPartners, we're always thrilled to share the success stories that unfold through our platform, showcasing the dynamic synergy between visionary startups and astute investors. Today, we're diving into the remarkable journey of Shake.io, a company that's redefining the landscape od data analysis, providing innovative solutions that empower businesses get closer to their consumers.
The Ambition
Philip, the CEO of Shake.io came to us with a clear vision and an ambitious goal: to secure their $10 million Series A to scale their operations and further their mission of transforming data analysis space by creating on-demand and intelligent data aggregation. With a robust platform that empowers the most customer obsessed companies in the world to better understand their customers and provide a better service, Shake.io stood out as a beacon of innovation in the data analysis space.
The Challenge
Understanding the critical importance of reaching the right investors, Shake.io adopted a multi-faceted approach to its fundraising efforts. The company leveraged its network, industry events, and digital platforms to initiate conversations with potential investors. Over the course of several months, Shake.io contacted over 150 investment firms and engaged in more than 50 in-depth meetings.
Our Role in the Journey
As Shake.io embarked on this fundraising journey, AngelsPartners became a pivotal part of their strategy. Our platform offered Shake.io an alternative avenue to traditional VC fundraising, connecting them with our network of investors specifically interested in data analysis startups via the different tools we provide.
Through our platform, Shake.io was able to streamline the fundraising process, gaining access to a curated pool of investors who were looking for opportunities in their industry, location and at that stage. This not only accelerated their fundraising efforts but also ensured that the conversations were more targeted, fruitful, and aligned with Shake.io's strategic goals.
They contacted 376 partners across Europe and met with 17 Partners from different investment funds which led to several conversations that lasted over the course of 3 months.
The Breakthrough
The turning point came when Shake.io, through our platform, caught the eye of a visionary VC based in Europe, leading to a $1 million investment. This wasn't just a financial win; it was a strategic partnership that aligned with Shake.io's long-term vision and provided them with the resources to scale their technology, expand their team, and solidify their position as leaders in the influencer marketing space. As of the day of writing they are still in discussion with 2 other VCs.
The Impact
This successful funding round is a testament to the power of strategic partnerships and choosing the right platforms for fundraising. Shake.io's success story underscores the importance of alignment between startups and investors, not just in terms of financial goals, but in shared vision and values.
Looking Ahead
With this significant milestone, Shake.io is now poised for their next phase. The funds raised will fuel their next phase of growth, enabling them to enhance their platform, expand their reach, and continue to innovate in the ever-evolving landscape of digital marketing.
In Conclusion
At AngelsPartners, we're more than just a platform; we're a community of innovators, founders, and builders. Shake.io's journey is a shining example of what's possible when the right connections are made, and we're proud to have played a part in their story. We're excited to see where Shake.io will go from here and are committed to continuing to support startups and investors in creating the future, one partnership at a time.
This is where Angels Partner steps in, helping investors in their search for ambitious and likely to succeed startups.
Our selection process is rigorous and the matchmaking is affinity based to ensure each meeting is qualified and of economic interest to both parties.
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