Ex-Slack exec April Underwood on fundraising virtually

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April Underwood, Nearby

Nearby, an e-commerce platform that helps small, local retailers compete for online spend, founded by Slack’s former Chief Product Officer April Underwood (pictured), raised USD21 million in a Series A round at the beginning of May. Led by Annie Kadavy from Redpoint Ventures, existing investors from a 2020 seed round, including GV, Obvious Ventures, Cowboy Ventures, Sound Ventures, Moxxie Ventures, and Tina Sharkey, also participated,

Private Equity Wire sat down for a chat with Underwood to find out more about the process of raising money in today's virtual environment, her experience of conducting meetings and building relationships virtually, and why she decided to raise money now.