Steps to Raise Money for Your Software Startup

1 Star2 Stars3 Stars4 Stars5 Stars (2 votes, average: 5.00 out of 5)

Raising cash for your software startup can be difficult at times especially when your own money is not enough to go halfway, not to talk of completely finance the project. If you are unable to get the sponsors you need for your project, then below are some suggestions to help you think about how to raise some funds.

Steps to Raise Money for Your Software Startup

Focus on a Niche you Love

When experts advise that you go into a business that you have detailed knowledge of, the reason is simply because you have all it takes to succeed. If you don’t have a detailed knowledge of the smartphone software you are building then how can you explain your concept to your audience? If someone with the aim of financing your software asks you to give a brief overview of what it is all about and you are unable to do so then you’ve only succeeded in raising doubts in their minds.

Find a Specific Selling Point for your Software

Even as you place a lot of attention on the building of your smartphone software, you still need to carry out a survey in order to know how competitive the market is. When you have an idea on the competitiveness of the market, then you can start looking for ways with which you can make your software stand out among the rest. If you find one particular software earning several positive reviews from customers, take a close look at the reviews and you’ll find the selling point of that software. You can make yours totally different or slightly different to see if it works for you.

Work on your Brand

As long as you are planning to make money by selling goods or offering services online or offline, branding is an important aspect you must pay attention to. It might not fetch you immediate cash, but its importance will surely come into play in the long run. With a domain name, a landing page, and a logo, you already have a brand your audience might love. It’ll make them believe you are serious; apart from that, you can also use it to pass information on changes and upgrades pertaining your software. sites like LaunchRock can help you set up a landing page quickly and 99designs can help out with Logo creation.

Learn Extensively about the Basics of Investment

Understanding the details about raising funds and running a software startup could take significant time but without basic knowledge in this aspect, you might find it difficult to raise the funds you need to manage the business at this early stage. Investment basics such as investment stages and the type of capital you’ll be needing are not really necessary; however, you’ll have to target a seed or pre-seed round. Seed stage investment simply means your company is still in its pre-revenue stage and most likely doesn’t have a software yet.

Find Seed Stage Investors Interested in Software

At seed stage, you’ll have to target investors who’ll be interested in your company at an early stage. Investors might be difficult to come by at this stage because they are not sure of your capabilities yet; investors you’ll commonly meet are your friends and family, “angel” investors, early-stage VC funds

Prepare a Wonderful Pitch Deck

These days, entrepreneurs are more into pitch decks rather than business plans. With pitch decks, you can easily put together a quick overview of your business plan making it easy for your audience to understand and access your efforts. According to Guy Kawasaki, your pitch deck should be about 10 slides in about 20 minutes; but Fred Wilson challenges you to use fewer minutes. If you have never done anything similar in the past, check out Slideshare, best startup pitch decks of all time at Onboardly, Buffer, and Foursquare.

Build an Attractive Software Demo

The use of demo does a better job of explaining the aim of your smartphone software to your audience. You may even set up your pitch deck with a demo although, it has to be different because you most likely do not have a software yet. If you do, it becomes risky except you’ve dedicated ample time into building of the software.

Steps to Raise Money for Your Software Startup

Practice as Much as You Can

In order to confidently render a presentation regarding your smartphone software, you need to well-equipped and the only way you can equip yourself is to rehearse several times under calm and harsh conditions. Anticipate likely questions that might be thrown at you and answer it to the best of your knowledge. If you feel your answers are not good enough, find the best answer, memorize it, and continue from where you stopped.

Don’t get discouraged when you hear Several “NOs”

You should see the word “NO” as an answer that requires more effort from you. Once you let it discourage you, there’s a high chance of your presentation ending up in a mess, but if you see it as an opportunity to improve on yourself, your zeal becomes stronger and that positive mindset helps you overcome the moment.

Brought to you by RobustTechHouse. We provide E-Commerce Development services.

Recommended Posts
Showing 32 comments
  • Autocad

    hi there,

    hope you are doing good well.

    I came across your website and I found your websites are very informatively information

    I am a content writer and writing brilliant content about autocad institute in Delhi
    if you agree to place one of my article with my personal blog “link” on your website

    I was hoping to have a word with you to discuss possible collation that you can have with us that could be mutually beneficial.
    looking forward to speaking with you.


    DG Royals.

  • Excellent!

  • Narendra Kumar

    The Digital Education is a training institute for digital marketing. You can learn every aspect of digital marketing from The Digital education. Get complete digital marketing classroom training with live industry projects. It is the Best Digital Marketing Institute in Delhi-NCR.

  • DeFi Development Services

    Nice insight

  • This is the kind of knowledge that should be shared across the net. I always prefer to read quality and glad I discovered this thing in your post. Thank you for posting such a great article.

  • yash

    knowledgeable content

  • shilpi

    knowledgeable content

  • Hanna

    Cool, very informative article, I also know very good guys who are engaged in Pest Control Software. They have a new approach to it.

  • casinosite

    Your writing is perfect and complete. casinosite However, I think it will be more wonderful if your post includes additional topics that I am thinking of. I have a lot of posts on my site similar to your topic. Would you like to visit once?

  • slotsite

    I am very impressed with your writing slotsite I couldn’t think of this, but it’s amazing! I wrote several posts similar to this one, but please come and see!

  • majorsite

    I’ve been searching for hours on this topic and finally found your post. majorsite, I have read your post and I am very impressed. We prefer your opinion and will visit this site frequently to refer to your opinion. When would you like to visit my site?

  • slotsite

    It’s really great. Thank you for providing a quality article. There is something you might be interested in. Do you know slotsite ? If you have more questions, please come to my site and check it out!

  • Sarah

    I greatly appreciate the knowledge shared in this article. It’s refreshing to come across high-quality content, and I’m glad I stumbled upon this post. Thank you for sharing such valuable logistics information and for providing an excellent article.

  • Are you looking for the best Mobile App Development Company in India? Travel-O-Media is a leading Mobile App Development Company. We provide both Android and IOS Application with better service. For more details, get in touch today!

  • Lisa

    Maintaining step treads is relatively straightforward. Regular cleaning is essential to remove dust, dirt, and debris that may accumulate over time, as these can make the surface slippery and compromise traction. Depending on the material, step treads may require occasional refinishing or sealing to protect them from wear and tear and extend their lifespan.Step Treads

  • Lisa

    Your blog is a wonderful resource, offering valuable assistance and knowledge to a wide audience. The ability to provide links to other resources makes it even more helpful and engaging.real estate

  • Lisa


    Your blog is a wonderful resource, offering valuable assistance and knowledge to a wide audience. The ability to provide links to other resources makes it even more helpful and engaging.real estate investment online

  • Lisa

    Picture frames have transcended their traditional role and have found new applications in various contexts. Digital picture frames now allow us to display a slideshow of multiple images, bringing our memories to life in a dynamic and captivating manner. Magnetic frames enable us to easily swap and update the displayed photograph, providing flexibility and versatility.architectural moulding

  • lisa

    Hey, Unlike natural grass, which requires regular watering, artificial grass does not need irrigation, helping to conserve water resources.artificial grass cost calculator

  • Lisa

    This is interesting. I love your expressive writing. You’re a skilled blogger. I’ve joined your feed and look forward to more of your wonderful posts.การ์ดแต่งงาน

  • lisa

    LYB Locksmith Tennessee is a reputable and professional locksmith company located in the heart of Tennessee. With years of experience in the industry, they have garnered a loyal customer base through their exceptional services and commitment to excellence. Their team of highly skilled and certified locksmiths possesses a deep knowledge of modern security systems and traditional lock mechanisms, ensuring they can handle any lock and key challenge with ease.LYB Locksmith Tennessee

  • rehman

    This is the kind of knowledge that should be shared across the net. I always prefer to read quality and glad I discovered this thing in your post. Thank you for posting such a great article.Trouser Cutting

  • Lisa

    One might marvel at the ergonomic design that harmonizes form and function. The tool’s slender body, often accompanied by a comfortable grip, allows for prolonged usage without inducing fatigue. This proves crucial for tasks that demand painstaking attention to detail or extended periods of operation. Moreover, the sheer range of variable speeds grants users the liberty to tailor their approach, whether they seek a delicate touch or a rapid, forceful application.6-inch mini chainsaw

  • “Steps to Raise Money for Your Software Startup” offers a concise guide to securing funding for your tech venture. The article outlines strategic approaches including crafting a compelling pitch, identifying suitable investors, leveraging networking opportunities, and showcasing a robust business plan. It’s a valuable resource for aspiring entrepreneurs navigating the complex landscape of startup financing.

  • Lisa

    Car rental services offer a versatile and accessible solution for a wide range of transportation needs. From leisure travelers to businesses requiring temporary vehicles, the flexibility, convenience, and variety of options provided by car rental agencies have transformed the way people navigate their journeys. While careful consideration of costs, insurance, and vehicle selection is essential, the benefits of car rental in terms of freedom, convenience, and adaptability cannot be denied. As the industry continues to evolve, it’s likely that car rental services will further integrate technological advancements and sustainable practices to better serve the needs of an increasingly mobile society.makina me qera

  • Lisa

    Stepping into the backyard, you’re greeted by an expansive outdoor living space that holds immense potential for creating your dream oasis. Whether it’s a lush garden, a deck for summer barbecues, or a tranquil pond, the canvas is yours to shape.shtepi ne shitje okazion

  • lisa

    3D posture analysis can be a powerful tool in the assessment and rehabilitation of individuals with neurological conditions or physical disabilities. It allows clinicians to monitor changes in posture over time, providing valuable feedback on the effectiveness of therapeutic interventions. For individuals with conditions like cerebral palsy or stroke survivors, this technology can be instrumental in improving mobility and quality of life.Visbody-R Explorer

  • Best IVF Centre in Rohini

    We take pride in being recognized as the Best IVF Centre in Rohini. Our commitment to excellence and patient-centric approach sets us apart from the rest. With a team of highly skilled and experienced doctors, state-of-the-art facilities, and advanced technology, we ensure the highest success rates in fertility treatments.

    Our personalized care and support throughout the entire journey, from diagnosis to post-treatment, ensure that our patients receive the best possible care. We understand the emotional and physical challenges faced by couples struggling with infertility, and we strive to provide them with the most effective and compassionate solutions.

  • Tameka Valentino

    I also want to start a startup of my own in which I can be helped by this content and what I want to start is to sell clothes like this Sex Education Otis Milburn Satin Jacket online on the website.

  • Bruce Wayne

    Great insights! I found these steps super helpful for my software startup journey. Thanks for sharing!

  • lisa

    In a world where health is paramount, the body mass machine emerges as a steadfast companion on the journey to wellness. Its ubiquity in gyms, healthcare facilities, and households underscores a commitment to understanding one’s physical state beyond surface appearances. It transcends the conventional scale, presenting a holistic view of the body and fostering a deeper connection to personal health objectives. Its significance stretches beyond individual use, serving as a valuable tool for health professionals to tailor precise fitness plans and monitor progress with accuracy.visbody 3D Full human Body Scanner Machine

  • KhelRaja20

    Welcome to the future of online gaming, where the Khelraja Project takes center stage. In this article, we'll unravel the magic behind the best online casino app in India exploring its unique features, gaming options, and the unbeatable excitement it brings to your fingertips.

Contact Us

We look forward to your messages. Please drop us a note for any enquiries and we'll get back to you, asap.

Not readable? Change text. captcha txt
UsefulBusiness Intelligence for SMEs.