FG Fundraising Cohort

Raising Money to Scale Your Startup

The FG Fundraising Cohort is a 6-week virtual program designed for underrepresented founders who want to raise money to scale their startup. The entire cohort experience is 100% virtual, so founders can participate from anywhere in the world. Cohort Expert Trainers are announced as they are confirmed. For our next FG Fundraising Cohort, we have updated our curriculum to cover topics that train founders on how to develop a winner’s mentality, as well as educate them on the differences between angel investors and VC scouts, where to discover them, and how to pitch them successfully.

FG Fundraising Cohort 17 is Founder Gym’s first cohort specifically designed for Black women founders. Read this article to learn more about why Founder Gym is focusing this cohort on Black women founders.

If you do not identify as a Black woman but are interested in participating in the next FG Fundraising Cohort that is open to all underrepresented founders (women, Black, Latinx, Indigenous, LGBTQIA, veteran, etc. founders), then please go here.

Apply to FG Fundraising Cohort 17 for Black Women
Founder Identity	Black Women
Founder Location	Anywhere in world
Application Deadline	Friday, May 7, 2021
Start Date	Monday, June 7, 2021
End Date	Friday, July 16, 2021
Training Days	Tuesday, Wednesday, Thursday
Training Times	5:00 - 7:00 pm PST

Designed Just for You

The FG Fundraising Cohort was specifically designed for founders who meet these qualifications:

Underrepresented Founder

Tech Company

Billion Dollar Market

Scales Fast

FG Fundraising Cohort Curriculum

Week 1: An Investor’s Perspective

What makes investors excited about some startups, but not others? Is it the product, the traction, the market, the team, the story, or something else entirely? In this live training, you will hear directly from a seasoned investor about what metrics really matter, so you can focus your energy, and stop wasting your efforts on things that don’t really matter.

Week 2: Numbers Talk

Investors are interested in money. In order for you to get their attention, you must be able to talk about the monetary value of your company – not only as it stands today, but it’s potential to grow into the future. Being able to create financial projections that tell an attractive story about your company is key to getting an investor to say yes.

Week 3 (Training 1): How I Raised Money

During this live training, you will hear from a founder who has experience raising money – and lots of it! They will walk you through step-by-step how they secured the bag, and highlight the mistakes they made along the way, so you can be sure to avoid them. They are a founder that is several steps ahead of you, and they will offer you a window into what’s possible for you once you raise money and scale your startup.

Week 3 (Training 2): Pitching Angels and Scouts

There are many sources of capital to scale your tech startup, and one of the best places to look is amongst angel investor groups and VC scout programs. As more tech founders and employees generate wealth, they are now becoming angel investors, and as more VC firms compete for the best deal flow, they are now starting scout programs. During this panel, you will hear from angels and scouts about best practices on finding, pitching, and closing them.

Week 4: Legal Matters

All businesses are legal entities, and when it comes to securing money from investors to grow your tech startup, it is vital that you have a great lawyer in your corner. This live training will cover the most essential legal matters that every tech startup founder should prioritize, in order to be eligible to accept funding from outside sources.

Week 5: Perfecting Your Pitch

You only get one chance to make a great first impression and you don’t want to blow it. What you say and how you say it are incredibly important when it comes to fundraising. Whether it is an investor email or an in-person pitch, it is essential to learn the communication etiquette that investors prefer. Investors speak a certain language, and at Founder Gym, you will finally learn what it is.

Week 6: Graduation Day

Each week, you learned valuable information to increase your odds of raising money to scale your tech startup. Now, it is time to “walk the talk” and show everyone how much you have grown. For graduation, you will present your 2-minute pitch in front of your FG Fundraising Cohort Gymmates and get a chance to be voted “Best in Cohort.” It’s time to show up and show out. Let’s go!

Live Expert Trainings

For six consecutive weeks, you will receive live training from Founder Gym’s expert trainers. All live trainings will be facilitated by Paige Hendrix Buckner, Chief Operating Officer of Founder Gym. Paige has supported over 500 founders in their completion of Founder Gym’s rigorous training program and is on hand to ensure all founders are set up to both graduate from the FG Fundraising Cohort and succeed beyond its completion.

Training Sessions Facilitated By

Paige Hendrix Buckner

COO at Founder Gym

FG Fundraising Cohort 17 Trainers

Trainers are updated as they are announced.

Arlan Hamilton

Founder & Managing Director at Backstage Capital

Arlan Hamilton is the Founder and Managing Partner of Backstage Capital, a venture capital firm dedicated to minimizing funding disparities in tech by investing in high-potential founders who are people of color, women, and/or LGBT. Started from scratch in 2015, Backstage has now raised more than $15 million and invested in more than 175 startup companies led by underestimated founders. In 2018, they launched a four-city accelerator program in Los Angeles, Detroit, Philadelphia, and London. Arlan has been featured on the cover of Fast Company magazine as the first Black woman non-celebrity to do so, and is the author of “It’s About Damn Time” and host of the weekly podcast “Your First Million”. Arlan and her mother, Mrs. Earline Butler-Sims, announced their scholarship program which kicked-off with scholarships for Black students at Oxford University and HBCU Dillard University.

Phaedra Ellis-Lamkins

CEO of Promise

Phaedra Ellis-Lamkins is one of the few African-American female founders to raise venture capital from some of the most notable firms in the industry, including Y Combinator, First Round Capital, Kapor Capital, and Roc Nation (cue Jay Z). To date, Phaedra has raised $23.1 million to scale her tech startup, Promise, which helps criminal justice agencies reduce recidivism, minimize costs, and promote public safety. Prior to co-founding Promise, Phaedra was Head of Care at Honor, another venture capital-backed startup that has raised $115 million in funding to scale their work to improved personalized home care for the elderly. She has been featured by Forbes, Nasdaq, TechCrunch, PR Newswire, Inc. Magazine, and more.

Shauntel Garvey

Co-Founder and General Partner of Reach Capital

Shauntel Garvey is a Co-Founder and General Partner at Reach Capital where she funds people and ideas that empower learners, parents and educators across the education spectrum. Shauntel has raised $311 million, the most EVER by a Black woman for a VC firm. She currently serves on the boards of FourthRev, Riipen, Holberton School, and Ellevation. Prior to Reach, Shauntel was a Partner at the NewSchools Seed Fund and invested in over 40 early-stage edtech companies including Newsela, Nearpod, and SchoolMint (acquired). Shauntel was previously a Senior Engineer at Procter and Gamble and received her BS in Chemical Engineering from the Massachusetts Institute of Technology (MIT) and her MBA and MA in Education from Stanford University.

Nmachi Jidenma

Head of Scouts & Partnerships at Sequoia Capital

Nmachi Jidenma is Head of Scouts and Partnerships at Sequoia Capital, a top 3 venture capital firm in the world. In this role, she leads partnerships as well as Sequoia’s proprietary Scouts seed stage initiative where founders and influential affiliates invest in pre-seed and seed stage companies on Sequoia's behalf. Sequoia Scouts are the longest standing scout program in the industry and scout investments have been made in several successful companies, including Stripe, Uber, Thumbtack, and Guardant Health. Prior to Sequoia Capital, Nmachi led global strategy and business development at WhatsApp Inc, the world’s leader in mobile messaging with over 2 billion monthly users. She previously led global strategic partnerships at Facebook with financial services industry leaders such as PayPal, Visa, Mastercard, Adyen, and PayU (Naspers). Prior to Facebook, Nmachi drove Global Business Development at PayPal for its billion-dollar mobile disruptors portfolio where she launched the company into new verticals such as mobile marketplaces, transit, and cryptocurrencies through partnerships with innovative startups and companies.

Mandela SH Dixon

CEO of Founder Gym

No one has trained more underrepresented founders than Mandela. After becoming one of the first Black women to raise venture capital in 2012, and later becoming one of the first Black women to work at a venture capital firm, Mandela saw the disparities in funding up close. This is why she built Founder Gym -- to help more women, people of color, and other underrepresented groups in tech -- gain access to knowledge, network, and know-how to raise capital to scale their startups. Mandela is an inaugural member of First Round Capital's Angel Track program and an industry expert, who has shared her frameworks for success on over 150 stages (e.g. TEDx, SXSW, Startup Grind) and more than 100 publications (e.g. Forbes, Wired Magazine, Business Insider). Mandela has received various recognitions, including being named as Entrepreneur magazine’s 100 Most Powerful Women, Forbes 30 Under 30, and LinkedIn's Top 10 Voices in Venture Capital and Startups.

Nashilu Mouen-Makoua

Head of Growth & Operations at Clay

Nashilu is a storyteller and early stage investor. A firm believer in the stories behind products, she is currently Head of Growth & Operations at Clay, where she joined as an early employee, leading the team's go to market, growth and operations. Prior to Clay, Nashilu was an investor at First Round Capital, and still invests both as an independent angel and as a Scout for Sequoia Capital. Prior to First Round, Nashilu spent a number of years investing in those building the future via Dorm Room Fund, Bridgewater Associates and Kiva. A South Londoner residing in NYC, she holds a Bachelor's in English from the University of California Berkeley and an MBA from New York University.

Valerie Wood

Associate Attorney at Gunderson Dettmer

Valerie's practice focuses on general corporate counseling, venture capital financings and mergers and acquisitions. She represents a wide variety of technology companies from consumer internet, software, telecommunications and entertainment technology industries, as well as a number of leading venture capital firms. Valerie earned her Bachelor of Music (B.M.) and Minor in Political Science with High Honors from the University of Michigan, and earned her Doctor of Law (JD) from Harvard Law School.

During the FG Fundraising Cohort, every founder must complete their fundraising toolkit in order to graduate. The toolkit includes the most essential materials needed to successfully raise startup capital. Once a founder becomes a FG Graduate, their fundraising toolkit is shared with Founder Gym’s exclusive network of accelerator directors, angel investors, venture capitalists, startup lawyers, funded-founders, and ecosystem partners in Silicon Valley and beyond.

Below is a list of the investor groups in the Founder Gym community:

500 Startups
Afore Capital
Andreessen Horowitz
AngelList
Backstage Capital
Base 10
Base Ventures
Catalyst Fund
Cleo Capital
Collaborative Fund
Cowboy Ventures
Cross Culture Ventures
Defy VC
Emerson Collective
First Round Capital
General Catalyst
Harlem Capital

Kapor Capital
Learn Capital
Lightspeed Venture Partners
MaC Venture Capital
Maveron Ventures
New Enterprise Associates (NEA)
NFX
Overkill Ventures
Owl Ventures
Precursor Ventures
Reach Capital
Sequoia Capital
Sterling Road
Storm Ventures
Techstars
Unshackled Ventures
Unusual Ventures
Y Combinator
XYZ Venture Capital

500 Startups
Afore Capital
Andreessen Horowitz
AngelList
Backstage Capital
Base 10
Base Ventures
Catalyst Fund
Cleo Capital
Collaborative Fund
Cowboy Ventures
Cross Culture Ventures
Defy VC
Emerson Collective
First Round Capital
General Catalyst
Harlem Capital
Kapor Capital
Learn Capital
Lightspeed Venture Partners
MaC Venture Capital
Maveron Ventures
New Enterprise Associates (NEA)
NFX
Overkill Ventures
Owl Ventures
Precursor Ventures
Reach Capital
Sequoia Capital
Sterling Road
Storm Ventures
Unusual Ventures
Unshackled Ventures
Y Combinator

Exclusive Video Library

Over 100 accelerator directors, angel investors, venture capitalists, startup lawyers, and funded-founders in Silicon Valley and beyond have joined Founder Gym to train the next generation of successful tech startup founders. Founders selected for the FG Fundraising Cohort will receive exclusive access to Founder Gym’s extensive video library that features world-class trainings from select FG Expert Trainers, including:

Cat Lee

Former Partner at Maveron Ventures

Topic: Funding Sources

Phin Barnes

Partner at First Round Capital

Topic: Inside the Mind of a VC

Micheal Seibel

CEO & Partner at Y Combinator

Topic: The Metrics That Matter

Arlan Hamilton

Founding Partner at Backstage Capital

Topic: Communication Counts

Kathryn Minshew

Founder & CEO of The Muse

Topic: Founder-to-Founder Advice

Charles Hudson

Founding Partner of Precursor Ventures

Topic: Sealing the Deal

Tanya Soman

Former Venture Partner at 500 Startups

Topic: Fundraising for Founders Based Outside the United States

Justin Hovey

Partner at Pillsbury Winthrop Shaw Pittman

Topic: Legal Matters

Kendrick Nguyen

CEO of Republic

Topic: Equity Crowdfunding

Megan Maloney

Associate at General Catalyst

Topic: The Math of Fundraising

Structure to Succeed

If you already had everything you needed to succeed, you would not be here. The truth is, everyone needs help to get where they want to go, and Founder Gym is here to provide you with an inclusive community, rigorous accountability, and a clear roadmap that will get you the results you have been searching for. Founder Gym has custom-designed a virtual experience unlike anything out there, and our model continues to prove effective in accelerating founder success.

Community

Accountability

Roadmap

Results

Global Community of Founders

Being a founder is definitely hard. Being a founder can also be extremely lonely. The Founder Gym community consists of more than 542 founders living in 25 countries that span 6 continents! Once you join our ranks, you will never again have to navigate the entrepreneurial journey alone. Seeking feedback on a go-to-market strategy? Someone in our community can give you advice. Preparing for an upcoming investor meeting? Founders in our community love to help each other practice. Looking for great talent to join your team? Our graduates have amazing networks you can leverage. Our motto at Founder Gym is “We All Go Up Together,” because we know it’s going to take all of us working together in order to succeed.

What People Are Saying

Play

Meet a FG Graduate: Heli Prilliman – Lacquerbar (Cohort 3)

Play

Meet a FG Graduate: Derrick Johnson – Encounter AI (Cohort 4)

Play

The Founder Gym Impact

Cohort Tuition

Founder Gym does not take equity in startups; we are an application and fee-based training program. Just like college, you must apply to be admitted, and if accepted, a tuition fee is required. The FG Fundraising Cohort is a professional development opportunity for tech startup founders who are ready to make an investment in their growth.

$ 3,000 one-time

Save 20%

$ 500

/payment

Application Process

Read about FG Graduates

FG has trained 542 founders in 25 countries on 6 continents. Read the powerful stories of our founders and the way that Founder Gym helped them gain the confidence and knowledge to level up their fundraising and founder skills.

Read their stories here.

Apply to the FG Fundraising CohortFriday, May 7th

Set aside 30 minutes to complete the FG Fundraising Cohort application. Applications will be reviewed as they are submitted. The sooner you apply, the sooner you will be notified and be able to secure one of the limited spots in the cohort. Once the cohort reaches capacity, it will be closed, so take action quickly.

Read this article for tips on how to submit a great application.

Get Notified of Your StatusFriday, May 21st

The earlier you submit your application, the earlier you will be notified of your admittance status. All applicants will receive an email notifying them if they have been admitted in.

Confirm Your MembershipWITHIN 72 HOURS

Once you receive the email notification that you are admitted into the FG Fundraising Cohort, you will have 72 hours (or 3 days) to accept the invitation and submit the $500 down payment for your tuition.

Begin the FG Fundraising CohortMonday, June 7th

You will be onboarded into the cohort. The following day, you will attend the mandatory orientation, which is where you will meet your Gymmates, receive a detailed overview of the 6-week programming, and hear from invited FG Graduates who will share their best advice for what it takes to succeed in the FG Fundraising Cohort.

Graduate from the FG Fundraising CohortFriday, July 16th

You did it! You completed one of the most intense founder training programs. Now it’s time to use your new knowledge, network, and know-how to take your startup to the next level.

FG Fundraising Cohort

Raising Money to Scale Your Startup

Designed Just for You

Underrepresented Founder

Tech Company

Billion Dollar Market

Scales Fast

FG Fundraising Cohort Curriculum

Week 1: An Investor’s Perspective

Week 2: Numbers Talk

Week 3 (Training 1): How I Raised Money

Week 3 (Training 2): Pitching Angels and Scouts

Week 4: Legal Matters

Week 5: Perfecting Your Pitch

Week 6: Graduation Day

Live Expert Trainings

Training Sessions Facilitated By

Paige Hendrix Buckner

FG Fundraising Cohort 17 Trainers

Arlan Hamilton

Phaedra Ellis-Lamkins

Shauntel Garvey

Nmachi Jidenma

Mandela SH Dixon

Nashilu Mouen-Makoua

Valerie Wood

Below is a list of the investor groups in the Founder Gym community:

Exclusive Video Library

Cat Lee

Phin Barnes

Micheal Seibel

Arlan Hamilton

Kathryn Minshew

Charles Hudson

Tanya Soman

Justin Hovey

Kendrick Nguyen

Megan Maloney

Structure to Succeed

Community

Accountability

Roadmap

Results

Global Community of Founders

What People Are Saying

Meet a FG Graduate: Heli Prilliman – Lacquerbar (Cohort 3)

Meet a FG Graduate: Derrick Johnson – Encounter AI (Cohort 4)

The Founder Gym Impact

Cohort Tuition

Pay In Full

Payment Plan

Application Process

Read about FG Graduates

Apply to the FG Fundraising CohortFriday, May 7th

Get Notified of Your StatusFriday, May 21st

Confirm Your MembershipWITHIN 72 HOURS

Begin the FG Fundraising CohortMonday, June 7th

Graduate from the FG Fundraising CohortFriday, July 16th

Attend a FREE Founder Gym Master Class!