Raising a Friends and Family Round
A practical founder’s guide to early startup fundraising from trusted personal networks
Raising a Friends and Family Round is a Business course for founders who want to approach early startup fundraising with clarity, responsibility, and confidence. This course gives students a practical framework for raising capital from trusted personal networks while protecting relationships and setting the business up for disciplined growth.
Build A Responsible Business Fundraising Plan For Your First Round
- Learn when a friends and family round makes sense and when another funding path may be better.
- Set realistic fundraising goals, define milestones, and explain use of funds clearly.
- Understand basic deal structures, investor risk, and key legal, tax, and compliance considerations.
- Practice making the ask, handling objections, closing commitments, and communicating after the raise.
A practical founder’s guide to early startup fundraising from trusted personal networks.
This course walks founders through Raising a Friends and Family Round from the earliest planning decisions through post-round investor communication. Students learn how to evaluate founder readiness, decide how much to raise, and connect the round to specific Business milestones that can move a startup forward.
The lessons explain common early-stage funding structures, including SAFEs, convertible notes, and basic equity concepts, in plain language. Students also learn how to prepare a clear fundraising story, build a pitch deck, discuss market opportunity and traction honestly, and communicate risk in a way that respects both the investor and the relationship.
By the end of the course, students will know how to identify appropriate potential investors, make a thoughtful ask, manage commitments, avoid common mistakes, and send useful investor updates after the round closes. Founders will leave with a more professional fundraising process and a stronger sense of responsibility for the Business they are building.
Full lesson breakdown
Lessons are organized by topic area and each includes descriptive copy for search visibility and student clarity.
Foundations of Early Startup Funding
3 lessons
Planning the Round
3 lessons
Structuring the Investment
3 lessons
Preparing Investor Materials
3 lessons
Running the Fundraise
3 lessons
Closing and Administration
1 lesson
After the Raise
2 lessons
Professor Mark Davis
Professor Mark Davis guides this AI-built Virversity course with a clear, practical teaching style.