London startup Tessian raised $42 million from Sequoia using this 1 pitch deck slide — and it's just a photo of the founders in their London flat
This story requires our BI Prime membership. To read the full article,London startup Tessian has raised funding from some of the biggest names in VC including Accel and Sequoia.
"The grit of this team, the market opportunity in human-centric security and enthusiasm of their customers convinced us to invest," Matt Miller, a partner at Sequoia Capital, told Business Insider.It was enough to grab the attention of one of Silicon Valley's biggest VC funds, Sequoia Capital who led the round for UK tech startup Tessian earlier this year. The pitch deck had many more slides in it, of course. But that one stuck out.
Tessian has raised $58.7 million to-date and was founded by three university friends in London with the intention of making tech security more robust. The slide shows two of the company's founders, Ed Bishop and Tom Adams working on building Tessian in a small living room in their then flat in Hammersmith, West London where they lived.Alongside the regular offering to investors, London-based startup Tessian included a more personal view of life in a growing company in its $42 million Series B deck.It's estimated that companies will spend around $100 billion on cybersecurity this year, but they should be focusing on the human errors.
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