On the TechTO stage ×1
First seen on the TechTO stage in 2022. Every talk is searchable — ask the archive about Mila ↗
In their words
Fundraising is a B2B sales process. It's really about talking to as many people as you can, getting that target list — my target list was over a hundred investors — and practising and refining my message.
Ready means putting that awful data room together way in advance. Ready means every time you get an objection, you create a little piece of appendices to put in the data room.
You might have a passion for whatever you're doing, but if you can't explain why you're the best person in the room when you're early stage, it's really hard.
Quick answers
What does Pronti AI do?
It digitises your closet and uses machine learning to generate outfits from what you already own, plus shoppable products. Banerjee describes the business to investors as using closet data to predict shopping purchases.
How big is Pronti AI?
Banerjee told the TechTO audience in November 2022 that it had crossed 650,000 onboarded users. Its Velocity profile now lists more than a million app downloads.
What did Mila Banerjee say about raising money?
That most of it is outside your control, so work the part that isn't: a target list of a hundred-plus investors, a message refined on every call, and a data room built long before anyone asks for it.