A growth story: CEO talks building college startup to $10M in funding, 100+ employees

Editor’s be aware: Trevor Schmidt, is an legal professional with Hutchison PLLC.
RALEIGH – We obtained the chance to sit down with Aleksander Levental, co-founder and CEO of Feathr, to focus on his journey by way of entrepreneurship and the way he obtained to be the place he’s immediately.

 
Based in Gainesville, Florida, Feathr unifies advertising efforts in a single platform that provides detailed analytics, focused digital promoting, influencer advertising and extra for underserved markets like associations, non-profits and charities.
Aleks and his co-founder Aidan began Feathr again in college on the University of Florida, however the firm has modified fairly a bit since their first concept. Aiden’s precise startup concept, the one he actually needed to pursue as a 21-year-old or 22 years previous, was an app to change enterprise playing cards. The concept pivoted as time went on to an app that can be utilized at conferences and commerce exhibits.
The difficulty that arose with this app was that there’s a simplicity in handing somebody a enterprise card at a convention or in any interplay. With the app, the consumer had to be assured sufficient that the opposite particular person already had this app downloaded on their telephone or else it could not be efficient.
In the grand custom of startups pivoting to discover their finest product/market match, Feathr moved away from digital enterprise playing cards to a distinct segment advertising platform for associations. Aleksander retains explaining how massive of a job pivoting takes in startups and entrepreneurship as a result of not solely is your concept and product continually altering, so is your relationship to your work and the way you go about logistics.
A extra present difficulty he’s coping with is adapting to the adjustments that COVID has left him with. Going from having each assembly in particular person and having the ability to bounce concepts off of one another to spending hours on a pc display screen doing distant conferences was onerous for the corporate in addition to the morale of the employees. Another factor that was an unexpected state of affairs for Feathr was that they anticipated to attain 100% growth in phrases of firm efficiency and ended up round 30%. The entrepreneurial course of was closely slowed down with this shift in the workflow however the firm nonetheless managed to push by way of whereas making an attempt to hold its employees motivated.
Even although Feathr skilled its ups and downs they nonetheless, simply 8 years into the enterprise, raised over $10M and have about 100 employees.
Want to hear extra about Aleksander’s story? Check out the complete episode of the Founder Shares podcast, accessible wherever you want to hear.

The weblog content material shouldn’t be construed as authorized recommendation.
(C) Hutchison PLLC

https://www.wraltechwire.com/2021/10/01/a-growth-story-ceo-talks-building-college-startup-to-10m-in-funding-100-employees/

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