June 2021 Summaries

In March 2021, Airbyte announced a $5.2 million seed round with Accel and later revealed a $26 million Series-A round led by Benchmark. The article provides insights into the fundraising process, including the presentation deck used for the Series-A round. It highlights key aspects such as preparing for partnership meetings, vetting potential investors, negotiating term sheets, and managing growth metrics. Airbyte's strategy focused on optimizing partnerships first, followed by terms of funding. The article also offers a detailed breakdown of each slide in their Series-A deck, explaining the reasoning behind its content and presentation style.