How Airbyte Raised Its Series-A Round 2 Months after Its Seed
In March 2021, Airbyte announced a $5.2 million seed round with Accel and later revealed a $26 million Series-A round led by Benchmark. The article provides insights into the fundraising process, including the presentation deck used for the Series-A round. It highlights key aspects such as preparing for partnership meetings, vetting potential investors, negotiating term sheets, and managing growth metrics. Airbyte's strategy focused on optimizing partnerships first, followed by terms of funding. The article also offers a detailed breakdown of each slide in their Series-A deck, explaining the reasoning behind its content and presentation style.
Company
Airbyte
Date published
June 8, 2021
Author(s)
John Lafleur
Word count
3036
Language
English
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