Raising Your Seed Round: Securing a Lead Investor & Lessons Learned with City Detect & LOVC
Join Dean Hatton, Founding Partner at LOVC, and Scotty Lefkowitz, Senior Associate at LOVC, for a live discussion with LOVC portfolio company CEO Gavin Baum-Blake, Co-founder and CEO of City Detect.
This webinar will explore the intricacies of raising a seed round in the current market and the strategies that helped City Detect secure its lead investor while positioning itself for future growth.
Register for the webinar on the Zoom Registration Link
City Detect, a LOVC portfolio company, specializes in cutting-edge AI and computer vision technologies to provide actionable insights for urban development and housing condition analytics. Gavin will share the company’s journey from the initial concept to a successful $2 million seed round, highlighting the key moments and lessons learned. Dean and Scotty will provide the investor perspective, shedding light on what LOVC seeks in early-stage companies, how they evaluate investment opportunities, and their approach to guiding startups toward success.
What You’ll Learn:
Securing a Lead Investor: Hear how City Detect captured the attention of LOVC, navigated the due diligence process, and secured their lead investor.
Overcoming Challenges: Discover the hurdles the team faced during their seed round and the creative solutions they implemented to overcome them.
Actionable Fundraising Insights: Gain strategies for crafting compelling pitches, building meaningful investor relationships, and navigating a competitive funding environment.
Investor Perspective: Learn directly from LOVC’s Dean Hatton and Scotty Lefkowitz about what they prioritize when partnering with early-stage companies.
Scaling for Growth: Understand how City Detect is leveraging its funding and partnership with LOVC to scale its operations and impact.
This webinar is designed for startup founders, entrepreneurs, and anyone interested in fundraising and scaling a successful business. Don’t miss the opportunity to gain actionable insights from industry leaders and an innovative founder who has been in your shoes.
Register now to learn how to navigate your fundraising journey and position your startup for long-term success with insights from City Detect and LOVC!
LOVC is an early-stage venture capital firm focused on B2B software investments across the Eastern US. Founded in 2016, the firm typically leads Seed through early Series A rounds in businesses at the inflection point between early product-market fit and go-to-market scale. Their concentrated portfolio approach, coupled with first-hand experience building and scaling companies, enables a deeply collaborative and hands-on approach to portfolio support. Additionally, LOVC leverages their platform resources to facilitate capital, talent, and customer introductions.
Pitch LOVC
City Detect, founded in 2021 and headquartered in Tuscaloosa, Alabama, specializes in urban analytics by utilizing advanced AI and computer vision technologies to provide local governments and nonprofits with near-real-time insights into housing conditions. Their innovative approach involves equipping existing fleet vehicles with cameras to capture property images, which are then analyzed to identify and map issues such as blight and structural decay. This process results in detailed reports that aid in efficient code enfrcement and strategic resource allocation. Led by CEO Gavin Baum-Blake and CTO Dr. Erik Johnson, City Detect secured a $2 million seed round in September 2024, led by Las Olas Venture Capital, to expand its AI platform and products, and assist municipalities in combating urban blight.