FloQast: From More Than 100 No’s To Funding Triumph
Summary
After a stint as an auditor in the entertainment industry, Mike Whitmire took a job at Cornerstone OnDemand as a senior accountant. The process was highly manual, involving poor coordination that resulted in plenty of accounting challenges. During a six month process, Whitmire was able to get a check for $50,000 from Amplify, a tech accelerator based in the LA area. Last year, FloQast doubled its revenues and added 250 new customers (bringing the total to 750), including Lyft, Zoom Video, Twilio and the Golden State Warriors. By then, you’ll have built trust in your ability to execute and they will believe you during your fundraising story.” Tom (@ttaulli) is the author of the book, Artificial Intelligence Basics: A Non-Technical Introduction.
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