Do you need help with fundraising?
Before going out to raise, founders should follow this simple guide.
With X raised, we will achieve $Y in MRR in Z months.
Compared to now, we will have X customers and will grow by Y%.
Additional business milestones and product milestones will be achieved.
There will be an average burn of $X per month (burn not spent) and a runway of Y months.
We plan to raise the next round in X months, at which point our revenue will be $Y, and our runway will be Z.
All X, Y, and Z in the above are different for each line.
You will likely notice tension between the lines, and that is intentional.
Your deck and financial model should reflect the above metrics.