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Zach Perret

05/27/25

@ Acquired

Raising a large funding round in 2021 allowed us to rapidly expand our engineering team and replatform our data backend, enabling us to shift towards becoming an analytics business.

Video

ACQ2: From Almost Sold to Market Leader | Plaid & Zach Perret

@ Acquired

ACQ2: From Almost Sold to Market Leader | Plaid & Zach Perret

05/27/25

Related Takeaways

Tony Xu

03/26/25

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Despite facing a down round during our Series C funding, we continued to grow the business and raise additional capital, demonstrating resilience in a competitive market.

Apoorva Mehta

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Our approach to doing things unscalably continued even after raising the seed round, focusing on rapid growth and execution.

Danielle Morrill

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By the end of 2013, we reached $500,000 in annual recurring revenue, which prompted us to start thinking about raising a Series A.

Ooshma Garg

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Despite initial struggles, we showed some growth, prompting an investor to suggest we raise a Series A round, which I eagerly prepared for.

Reshma Shetty

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We raised money for the first time after five years of existence, once we had a clear picture of our market and customer traction.

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After raising funds, we aim to expand across the country and enhance our defensibility in the market.

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When we decided to join Y Combinator, we were already profitable and saw it as an opportunity to scale our team and improve our fundraising efforts.

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We were confident about our startup, thinking we would get a lot of PR and funding, and we did receive significant media attention and raised $1.2 million in funding.

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The success of our operational data business created the momentum to explore building applications, which was a significant evolution for Scale AI.