Ellie Wheeler

Big news from our portfolio company Angle Health, which has raised $600 million at a $2.7 billion valuation. Proud to be partnering with Vitruvian Partners in supporting Tylon (Ty) W., Anirban Gangopadhyay, and their incredible team as they continue to impact the lives and health journeys of everyday Americans. Looking forward to what's ahead. Read more here: https://lnkd.in/gc8qfjDv

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What is different this time re VC? One thing is we are getting calls from early investors for liquidity on companies who have yet to establish the first phase of gross margin let alone operating margins, let alone a demonstrated ability to be a compounder for public equity shareholders. That's not to say things are not working. Everything but price discovery and liquidity is working. What is your take? I'll offer that 2027 could be a big year for M&A in terms of quantity of assignments for the banks.

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Can fundraising teams detect a stalled process before silence becomes the strategy? The forwardable lesson is that long sales cycles need an early-warning layer, not simply more activity at the top of the funnel. The system is designed to recommend action, not merely record that progress slowed. The Long Cycle RAISE combines mandate scoring, allocation signals, trigger detection and pipeline intelligence to surface issues earlier. The Warning Layer The workflow can track investor stage, relationship activity, soft commitments, hard commitments and risks around the target process. The Waiting Problem The company is addressing a process that managers already understand and repeatedly need to solve. RAISE is raising capital and looking for investors. See company website https://raiseplatform.eu and then DM me for more info. Is faster feedback more valuable than faster outreach in institutional fundraising?

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An emerging VC manager's fundraising lessons... the first two funds are a grind. Now, we’re on our third fund, it feels like we’re almost over the hump, but fundraising never gets easy for most of us. I want to congratulate the emerging VC firms presenting at this year’s RAISE Global conference. As former RAISE presenters, and (soon-to-graduate) emerging managers, we thought we’d share this LP Translator, a lighthearted guide to decoding what LPs really mean during the fundraising process. Fellow GPs, which ones did I miss? 👇 The LP Translator 📣 "Let’s stay in touch.” Translation: We’re not interested. “We want to see your track record develop.” Translation: Either we don't believe in your strategy, or we’re focused on managers with more buzz. “We’re not allocating to new managers right now.” Translation: We’re not allocating to you right now. "Show us your deals so we can get to know you.” Translation: We’d like free co-invests if you get something hot. “We need to see more DPI before we commit.” Translation: We don’t really understand VC, but we’re pretending to. “We’re fully allocated for this year; check in early next year.” Translation: Next year we’ll still be fully allocated (just not to you). “Call us before final close.”  Translation: I’m too polite to say no at this time, so I’m kicking the can down the road. “Your fund is too small.”  Translation: Okay, that one might actually be true (for some LPs). “We went through your data room and want to meet face-to-face.” Translation: We’re genuinely interested, keep going! “Can you send us your LPA for signature?” Translation: Let’s go! 🚀 -------------------------- Fundraising is a long game, longer than we ever expected. We're now seeing how LP relationships are built across several funds, not several months. If they’re investing time to learn about you and your strategy, that’s your best signal of real interest. #emergingmanager #venturecapital #LP #RAISEGLOBAL

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