Ep. 56: Lessons from raising $50M during a global pandemic with Aly Khan Musani, CFO at Symend

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The Backbone: a journey inside finance at a startup

Shubham Datta

69 episodes

1 day ago

The Backbone explores the journey inside finance at high-growth technology startups. Our host Shubham Datta interviews finance leaders at various stages of emerging technology companies to find out their story, key financial and operating metrics they track, how they measure them and what their biggest challenges are. Hear directly from finance leaders at tech startups who are in there day in and day out, serving as the backbone of their company. For more information, check out the www.thebackbone.co

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Ep. 56: Lessons from raising $50M during a global pandemic with Aly Khan Musani, CFO at Symend

The Backbone: a journey inside finance at a startup

30 minutes 26 seconds

5 years ago

Ep. 56: Lessons from raising $50M during a global pandemic with Aly Khan Musani, CFO at Symend

Aly Khan Musani, CFO at Symend

I chat with Aly about:

His career journey starting in the energy and natural resources sector with various progressive roles in finance including serving as the CFO of CleanTek Industries, prior to joining Symend.
What Symend does and what it is all about.
Aly’s perspective on “data is the new oil” having worked in the energy and natural resources sector, who’s now the CFO of a company driven by data. He also discusses the similarities and differences between technology and the natural resources/energy space.
Symend recently raised over $50M, Series B — one of the largest Series B rounds in recent memory for an Alberta based company. The round was led by Inovia Capital’s growth fund. Aly shares his biggest learnings from the raise and his tips for raising during a global pandemic.
The biggest misconception about the finance function within growth stage software companies like Symend.