Ep. 021 - Capital Wisdom with Kim Havens & Noa Ries

In this inspiring episode, Raven chats with Kim Havens and Noa Ries, co-founders and co-CEOs of Kahilla, a B2B platform revolutionizing professional development for mid-career women. The journey began as a hybrid in-person and digital community but quickly pivoted to a fully digital B2B model—a strategic move that proved pivotal during the pandemic.

Kim and Noa share their insights into the challenges of fundraising as women entrepreneurs, offering a realistic and empowering look at navigating the venture capital landscape while running a growing business.

Throughout the episode, Kim and Noa recount their journey, from crafting compelling cold emails to refining their pitch through competitions like the ASU GSV Cup. They dive deep into the intricacies of building investor relationships and overcoming gender biases in fundraising. Their discussion highlights the power of co-founder partnerships and the critical importance of staying grounded in their mission.

This episode offers practical, actionable advice on navigating fundraising while shedding light on the unique challenges faced by women entrepreneurs. Whether you’re refining your pitch, building your network, or seeking inspiration from two trailblazing founders, this conversation provides an honest, empowering roadmap to fundraising success.

KEY TAKEAWAYS:

• The journey to fundraising often begins with personal and professional development.
• Transitioning to a B2B model can open up new opportunities for growth.
• Women entrepreneurs face unique challenges in the fundraising landscape.
• Preparation and understanding your market are crucial for successful fundraising.
• Building relationships with investors is key to securing funding.
• Gender bias can impact fundraising efforts, but resilience is essential.
• Fundraising can become a full-time job alongside running a business.
• Confidence in your story and metrics can help overcome self-doubt.
• Networking and relationship-building should be authentic and not just transactional.
• Learning from each fundraising experience is vital for growth.

DISCUSSION TIMELINE:

• 02:31 The Launch of Kahila and Its Evolution
• 05:09 Navigating the Funding Landscape
• 08:09 Initial Steps in Fundraising
• 10:30 Challenges Faced by Women in Fundraising
• 12:41 Balancing Fundraising with Business Operations
• 15:37 The Importance of Co-Founders
• 18:25 Addressing Gender Bias in Fundraising
• 20:42 Building Relationships with Investors
• 23:00 Cold Emails vs. Warm Intros in Fundraising
• 25:03 Top Hacks for Women in Fundraising

CONNECT WITH NOA & KIM:

Kim on LinkedIn: www.linkedin.com/in/noa-ries

Noa on LinkedIn: www.linkedin.com/in/kimhavens

Kahilla Website: www.kahilla.com

HOST INFO:

Hi, y'all! I'm Raven O'Neal, a diversely curious serial entrepreneur with over a decade of experience. But the fun doesn't stop there. I'm also a mentor, wife, mother, and business expert. I see my business as an extension of all my personal and professional life experiences, embracing growth and learning from a few fumbles along the way.

Throughout my business journey, I've supported over 500 female-led startups, advise