When MPowder joined the accelerator, they had a brand, an early product, and early recruits for a trial, but were still in the very early stages of developing the overall business offering.
With the help of Founders Factory and the team at Reckitt, MPowder refined their product and supply chain and confidently went to market, achieving impressive results from day one—selling out on multiple occasions due to demand.
During the program, MPowder also closed a £500K seed round, with over 70% of the investors introduced through the Founder Factory network.
monthly increase in revenue
new products to market
"When I joined Founders Factory, what struck me most was the comradeship. The biggest takeaway from the programme is the feeling that we’re now scalable. The one thing I don’t fear is whether we’ll be able to ramp up our service to reflect demand. I feel secure on the production side because Reckitt helped us do the legwork with our supply chain, putting contracts into place even when we were ordering tiny volumes. And on the growth side, I know that Founders Factory has laid the foundations and frameworks we need to keep iterating, improving the customer journey and ultimately, continue to scale."
80% of healthcare VCs have never invested in women’s health. For many years, the menopause market (set to be worth $5.28 billion by 2023) has remained largely untapped and ridden with taboos.
Rebekah's brand and industry expertise, combined with Reckitt's supply chain know-how, uniquely placed us to help scale a new market leader and change the face of the menopause market.
This micro-moment of confusion has a name—the Norman door, named after Don Norman, who discusses this phenomenon in his book ‘The Design of Everyday Things’. So why does this matter...
Some siblings form bands together, others play in the same sports team. We decided to go into business together.
It’s been nearly a decade since the inception of Dronamics, over which we’ve designed, built, and gained approval to start operating our fleet of Black Swan drones.
In a recent fireside chat with Founders Factory founder & chairman Brent Hoberman, Tom shared some of his top lessons for founders, which include:
· Growth vs profitability isn’t a binary choice
· Consider how to improve your ‘clock speed’
· Early stage investors aren’t thinking about your product
· Cash is a commodity; advice is a value add
· Approach data-driven investing with scepticism