Resource

Financial model

A financial model will increasingly be required as your business moves from Seed towards Series A and seeks funding from institutional investors.  The ideal model will tell investors what they need to believe to hit their return requirement and demonstrate you can achieve it.

Sophisticated models should allow the user to see various scenarios and tie your historical financials to your forecasts.

Attached is a draft model demonstrating the format and detail sophisticated investors will expect to see.

Picture of spreadsheet