I am trying to raise a small round $300k to 500k at maybe 1.2M to 2M for our house cleaning marketplace startup doing $100K gross monthly, 2x from last year. What is the best way to reach out to angel investors and or family offices? I think the round is too small for VCs, but would like to get Angels into it. Any ideas on finding Angel investors? Should I buy a list and hit the phones? Let me know thoughts and tips. Thank you.
If there is a better thread, please point me to it.
200% annual growth with 22% margins is unlikely to be venture back able. That does not mean it’s not a great business that can get to millions in ebitda, only that you should avoid spinning your wheels with institutional VCs with your current metrics. Angels are different, and you could well find someone in your city down to be part of this.