Doppel raised $5M from FTX right before the collapse
“So I never got to meet him directly, but, you know, had the fundraising happen.”
And they said, well, if we could build for that, like, would it be valuable to to not have to use two solutions? So, like, yeah. If you could do it well, sure. And so that's how we expanded the product 2022.
And at that point, had you raised a seed round already by the time you you expanded? Yeah. So we actually raised the seed round
2022. How big was it? It was a $5,000,000 seed round with FTX, and we wanted FTX because they were such a big name, right, at the time. Did you deal with, with SBF directly, or how does how does that happen? I did not. Did not. So I never got to meet him directly, but, you know, had the fundraising happen. Right? Same sort of thing. Right? You you work your network. You work your you know, and, of course, AppBarcom is so incredibly helpful for connecting us to a lot of great firms and teaching us how to run a process. Right? So we did the seed round in 2022,
About this clip
Kevin Tian shares how Doppel expanded their product in 2022 based on customer feedback asking for an integrated solution. He discusses raising a $5M seed round from FTX (without meeting SBF directly) and how Y Combinator helped them navigate the fundraising process and connect with top-tier firms.
Why this clip
The timing of raising from FTX just before their collapse creates inherent drama and interest for listeners.
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