Raising a $250 million Series D round may seem like a distant and unnecessary distraction to startup founders pitching investors for that first $1 million in seed money. But it shouldn't be, according to several founders and venture capitalists. In their view, founders should be charting out a strategy for those later stage fundraises from the beginning. Aven co-founder and CEO Sadi Khan said, while on stage at TechCrunch Disrupt, startup founders should start thinking about their later rounds before they raise their first financing.
Investment firms require CRM systems that cater specifically to high-stakes portfolios, detailed reporting cycles, and strict compliance rules, emphasizing special considerations that differ from managing standard sales leads.