<!channel> Over the last 18 months, we’ve had conversations with over two dozen VC firms who cold-reached out to us. We’ve also had conversations with about a dozen customers and friends who expressed interest in investing in Typesense. To everyone who has reached out to us about investing in Typesense, I really appreciate your support 🙏 While some of these conversations almost convinced us that we should be raising funds, after a lot of soul-searching, our current state of mind is that we want to build a business around Typesense that’s primarily funded by customer revenue, rather than external capital. We’ve been bootstrapping Typesense over the last several years and I’m thrilled and grateful to say that we are currently fully funded by revenue from paying customers 🎉 So leaving the monetary aspect aside, here's why we don't want to raise capital: https://typesense.org/blog/why-we-are-not-raising-funds/

I totally agree with the points made in your article. Have you thought about growth equity firms or venture debt? Investors who concentrate on deep tech would also align really well with your product

I've read anecdotal stories that growth equity firms have even higher expectations of their returns on investment and expect well defined progress on metrics, though they do tend to write much larger checks.

venture debt would probably be a great fit for TS — worth looking into!

Jason, as a solo developer developing a new project that uses Typesense, I just want to say THANK YOU for creating and continuing to update Typesense in a free, developer friendly, and open source way. I read your blog post and am thrilled to hear that Typesense will remain free, at the moment, from the curse of venture capital. Thank you.

Thank you for your support @Robert Schultz! 🙏

I take my hat to you guys, Congrats and Good Job.

Was / still going through the VC discussions myself, and this was refreshing to see. I’m a happy TS customer and hope to scale our usage as well.