Most of the section is Phase 1: High-level business model, KPIs, and detailed financial models. Detailed sales pipeline and cohort analysis sometimes is put into Phase 2 if customer data is highly confidential.


Business Model 🟢

Describe how you make money: pricing model, contract structure, unit economics rationale.

[Business model description - SaaS, hardware + software, licensing, usage-based, etc.]

Business Plan - Next 24 Months 🟢

High-level operational plan including revenue targets, key milestones, and resource allocation.

[Upload 24-month business plan]

Key Financial KPIs 🟢

Provide a clear snapshot of the metrics that matter for your business. Adapt metrics to the DNA of your business (if not SaaS)

KPI Current 12 Months Ago 24 Months Ago Target 12M Forward
ARR or Revenue [X] [X] [X] [X]
YoY Revenue Growth [X%] [X%] [X%] [X%]
Gross Margin [X%] [X%] [X%] [X%]
Net Dollar Retention [X%] [X%] - [X%]
CAC [X] [X] - [X]
LTV [X] [X] - [X]
LTV/CAC Ratio [X] [X] - [X]
Payback Period (months) [X] [X] - [X]
Burn Multiple [X] [X] - [X]
Runway (months) [X] - - -

Financial Model - Historical and Projected 🟢

Detailed financial model including at minimum the past 3-5 years of actuals (or since inception) and forward projections. Share the same forecast you use internally - investors respect consistency.

[Upload financial model - Excel or Google Sheets]

Cohort Analysis 🟡

Required for Series B+. Show customer retention and revenue expansion by cohort over time.

[Upload cohort analysis]

Sales Pipeline 🟡

Current pipeline with deal stages, expected close dates, and weighted values. Also okay to upload as Excel / Sheets file.

Account Stage Deal Size Expected Close Probability Weighted Value
[Company] [Stage] [X] [Date] [X%] [X]