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ProSpend’s founder took on a $19B market without VC money and proved doubters wrong [Video]

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Business Funding

ProSpend’s founder took on a $19B market without VC money and proved doubters wrong

A mere 4% of startups got their funding from venture capitalists in 2022. The likelihood of securing venture capital gets even smaller from there for female and minority founders — something Sharon Nouh, Founder and CEO of ProSpend, experienced firsthand. She had a growing, innovative startup, but VCs weren’t willing to take a chance on her and her business. So, she made an ambitious decision to stay the course and bootstrap. “We toughed it out on our own, and we proved them wrong.” Sharon shares her journey from solopreneur to CEO of a leading business spend management platform and gives her advice to other female founders.

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