Today, we’re talking about the projections you will need for your seed fundraising.
Most investors will expect something along the lines of:
Projections over 2–3 years, broken down quarter by quarter.
The line items within those projections usually cover: Payroll & Benefits, Marketing, Office Costs, General & Administrative, COGS, Revenue and Burn. You might break out one or two of these further if they are particularly important to your business.
Be sure to also include how you expect your team to grow over time, the roles and expected costs.
Lastly, the projections should show your expected runway and when, or if, you plan to fundraise again.
Best of luck out there.
#Fundraising
