When Fundraising Gets Real: Lessons from a $3M Healthcare Raise

Amy Green and Brandon Ziemann just closed $3 million in Series A funding for Mamaya Health from LFE Capital and Spitha Capital. But their fundraising journey wasn’t about perfect pitch decks or flawless execution—it was about learning to tell their story without drowning in their own expertise.

The Storytelling Trap Every Expert Falls Into

“You can get lost in producing the PowerPoint slides. You can get lost in making the model,” Brandon explains. “But the biggest thing is how can you convey something that someone will deem valuable?”

This hits at every founder’s blind spot. You know your business so intimately that you forget investors don’t live in your world. Amy puts it bluntly: “We could have made the concept of our business the most simplified version possible so that anyone who doesn’t know us could understand it easily and understand how they make money on it.”

Translation: If your mom can’t explain your business model at dinner, your pitch isn’t ready.

The Fatal Mistake: Becoming a Chameleon

Here’s where most founders sabotage themselves. Brandon admits they “changed what we wanted to do with every meeting” trying to match what each investor wanted to hear.

“They could tell,” he says. “So stick with what you know. Stick with what you’re true with and whether they like it or not, just get on your next meeting.”

Every founder does this. You walk out of a meeting thinking, “They seemed interested when I mentioned X, so I’ll lead with that next time.” Wrong move. Investors smell authenticity from across the table, and they can spot a shape-shifter just as easily.

What Actually Matters: Know Your Numbers Cold

“You have to be able to back up what you’re putting in your models,” Brandon emphasizes. “If you start getting off tangent and start kind of BSing a little bit, they’re gonna sniff it out.”

This isn’t about having perfect projections—it’s about understanding the logic behind every assumption. When an investor asks why you think customer acquisition cost will drop 40% in year two, you better have data, not hope.

The Nashville Entrepreneur Center’s Real Value

Amy credits Project Healthcare with practical preparation: “I started to get my pitch deck together. I had coaching accessible. I got to meet with different venture firms and talk through just how they would think about approaching an investment.”

This matters because fundraising isn’t just about your company—it’s about understanding how investors evaluate opportunities. Amy learned to think like her audience before she started pitching.

The Insight That Changed Everything

Mamaya started in 2019 focused on women navigating fertility, pregnancy, postpartum, and perimenopause. Then Amy noticed a pattern in customer requests.

“When you show up for women, they ask you to show up for everyone they love—partners, children, caregivers, and chosen family,” Amy explains.

That observation wasn’t just touching—it was a business model expansion. The addressable market shifted from women’s mental health to family systems care. That’s what LFE Capital and Spitha Capital funded.

Nearly half of women report unmet mental health needs. But Mamaya’s model recognizes that closing those gaps doesn’t just help individuals—it strengthens families, workplaces, and entire care systems.

What Happens After the Money Hits

“We’re responsible for things, but all of that comes with an incredible amount of growth that we have to continue to keep up with,” Amy reflects. The money solves one problem and creates ten new ones.

Brandon joined Mamaya just six months ago as COO/CFO to help close the raise. His perspective on making the leap from private equity structure to startup autonomy shows exactly what founders trade when they choose entrepreneurship—and why having the right support network matters.

“You get that autonomy, and you get that ability to drive your vision real time. You don’t have a lot of bureaucracy to work through,” Brandon notes. But you also don’t have the infrastructure. Every decision lands on your desk.

The Pattern That Actually Works

What emerges from Amy and Brandon’s experience isn’t a fundraising formula—it’s a mindset shift. Stop trying to impress investors with complexity. Start helping them understand why your solution matters and how it makes money.

Mamaya’s mission expanded from women’s mental health to supporting “women and the people they love”—a broader vision that resonated because it solved a bigger problem, not because it sounded more impressive.

The lesson: Your next investor meeting isn’t about proving how smart you are. It’s about proving how clearly you think about the problem you’re solving and why someone should bet money on your ability to solve it.

Sometimes the most sophisticated strategy is simply telling the truth about what you’re building and why it matters.

The Mistake The Fix Why It Matters

The Expert’s Trap:
Getting lost in PowerPoints and models while forgetting to explain why anyone should care

Tell Your Story First:
If your mom can’t explain your business model at dinner, your pitch isn’t ready

Investors don’t live in your world—clarity beats complexity every time

Being a Chameleon:
Changing your pitch to match what you think each investor wants to hear

Stay Authentic:
Be consistent across meetings or be forgotten

“They could tell. So stick with what you know.”

Investors spot inauthenticity immediately

Winging the Numbers:
Having projections you can’t defend with real logic and data

Know Your Data Cold:
Back up every assumption in your model

“If you start BSing a little bit, they’re gonna sniff it out”

Pitching in a Vacuum:
Not understanding how investors actually evaluate opportunities

Learn Their Language:
Get coaching, meet VCs, understand their thesis before you walk in

Fundraising isn’t just about your company—it’s about understanding how investors think

Overcomplicating Everything:
Trying to impress with complexity instead of clarity

Simplify to Scale:
Make it so anyone who doesn’t know you could understand it easily

The most sophisticated strategy is telling the truth about what you’re building

Thinking Money Solves Everything:
Not preparing for the growth challenges that come with investment

Plan for What’s Next:
Build your support network now

The money solves one problem and creates ten new ones

Based on insights from Amy Green & Brandon Ziemann, Mamaya Health
Nashville Entrepreneur Center Project Healthcare Alumni

About the author

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Rob Williams

Rob Williams is Director of Marketing at Nashville Entrepreneur Center. His strategic marketing and brand design work helped drive 99% over-target fall applications. Rob leads marketing strategy for EC's accelerator programs, membership growth, and partnerships.

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