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What types of businesses are most successful in fundraising?

The businesses that are most successful at raising funding on Localstake are those that consumers can connect with. Whether that be based on the product or service you sell, your brand name, or your retail location(s), you will have the best opportunity to succeed if the investor can easily understand how you generate revenue, as well as be a customer of yours and turn their friends into customers.

  • Examples include: food and beverage producers, franchises, retailers, consumer product manufacturers, technology companies, restaurants, breweries and distilleries.
  • Businesses that most often are not a good fit: healthcare and bio startups, real estate, and commoditized service providers (i.e. laundromats, salons, dry cleaners)
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