E697: Sunflower Labs co-founder Alex Pachikov on modernizing home security with world’s first smart sensor & drone technology; Bonus LAUNCH SCALE: Homebrew Partner Satya Patel on locking down Series A
Summary: Home security systems haven't meaningfully evolved in decades. Current monitoring systems can have false alarm rates ranging between 95%-99%, giving homeowners no more of a sense of security than having no system at all. Sunflower Labs CEO & co-founder Alex Pachikov is modernizing the home security market with the introduction of the Sunflower Home Awareness System, which combines outdoor sensors with an aerial camera for a complete view of what's going on around your home. Backed by $2.1M in funding from General Catalyst and others, Sunflower Labs is disrupting the home security market at this exciting intersection of new technology and the smart home.<br> <br> Then, Homebrew General Partner Satya Patel shares a framework for understanding how to get from seed stage to series A. Why is this relevant today? About 20% of companies that have raised seeds in the past few years are now going to be able to raise series A’s, but that number is decreasing, so the battle for the A dollar is becoming more brutal. In Homebrew’s first round of raising funds, they had a 92% success rate of helping companies raise A rounds vs. seed rounds that they lead. Join us and learn tips on how to get money in your bank.
