Professionalization of fundraising before Series A
Challenge
Increasing financing needs to secure liquidity and scaling, with investors becoming increasingly more demanding
Approach
Identification of suitable investors (“who”)
Strategic considerations regarding suitable investor types (e.g. family offices, strategists, VC funds, etc.)
Research of possible investors (according to industry, topic, geography and maturity/volume focus)
Activation of the personal networkfor intro generation
Formulation and preparation of suitable messages (“what”)
Creation of a meaningful pitch decks (including chapters on market opportunity and competitive landscape, hard traction and soft traction, strategic directions, monetization plans and profitability drivers, legal and operations insights, product and IT roadmap, shareholders and cap table, use of funds, etc.)
Definition, measurement and preparation of suitable KPIs (e.g. turnover and transport per driver hour, utilization vs. service rate, cost breakdown, sharing rate, cohort analysis)
Drafting of official terminologyon potentially critical topics
Further development of financial planning (e.g. regarding plausibility, presentability)
Identification and examples of suitable channels (“how”)
Creating monthly updates for existing investors
Addressing potential investors via email and telephone
Creation and maintenance of profiles on relevant platforms (e.g. Crunchbase, Fundsup, Dow Jones Venture Source, Early Metrics etc.)
Research relevant events and awards for pitching
Involving founders for hot leads
Accompanying due diligence processes
Result
Concluded a €3.0m Series A with strategic investors at an attractive valuation