We’re thrilled to announce that we recently completed our seed round of financing. Getting this funding involved developing a detailed business plan and pitching the company to investors. In addition to describing our mission and product, it was important that the business plan include a detailed budget for the year, five years of revenue and expense projections and details about our founding team and the types of individuals we’ll need to hire. We ultimately received multiple offers from angel investors.
This funding will primarily enable us to grow our team and to further develop our product to make it more social and interactive. Once the beta site is up very soon, we will eagerly solicit user feedback so we can invest our funds to build out exactly what our readers want. We are now both working on ChickRx full time and can’t wait to see what everyone thinks!