Investors fund businesses that can show them where the money goes, what it earns, and how they get it back. We build the model, the data room, the cap table and the structure that investors respect, with the answers ready for every question they will ask.
Founders who do the financial preparation properly (before the first investor meeting) get the round they actually wanted. The model is built. The valuation is defensible. The cap table is modelled post-money. The structure is investor-ready. The data room is organised. Every question gets a clean answer within 24 hours. Investors lean in. The valuation holds. The dilution is the dilution you planned for, not more.
The reverse is also true and it’s where most raises lose money. Weaknesses surfaced during diligence: the model doesn’t tie, the prior-year accounts have a question mark, the structure isn’t quite right, the cap table maths doesn’t reconcile. These don’t just cost time. They cost dollars. Every issue that pops up mid-process becomes a discount on the term sheet, an extra liquidation preference, more preferred-share rights or an enlarged option pool that comes out of the founders’ equity. The cost of “we’ll fix that during the raise” is usually 5–15% of additional dilution that the founder didn’t need to give up.
Our job is to make sure the preparation work is done so well that none of those questions ever become discounts.
Before any numbers, the question is why. How much do you actually need? What does it fund: growth, acquisition, hire, runway? What’s the time horizon? Equity or debt or both? We work through this first because every later step depends on it.
P&L, balance sheet, cashflow, linked. Monthly for 24–36 months, annual to year five. Driver-based: change a unit assumption and the whole model recalculates. Built investor-readable: clean tabs, hard-coded inputs flagged, sensitivities at the front, scenarios sliceable.
What the business is worth before the new money arrives. Three methods cross-checked: comparable transaction multiples, comparable trading multiples, and a DCF on the model from step 2. We tell you the defensible range and where in the range you should anchor based on the round dynamics.
Who to approach and who to skip. We work through investor fit (stage, sector, cheque size, geography, follow-on capacity, expected level of involvement) and shortlist the ones worth your time. Where we have direct relationships, we make the introduction; where we do not, we prepare the outreach so the first meeting counts.
Pre- and post-money. ESOP carve-out, option pool dilution, founder dilution, anti-dilution provisions, liquidation preferences, conversion mechanics. Modelled side-by-side so you see exactly what each term costs you in dollars and in control.
Before the investor’s lawyers look at it. Are you raising through the right entity? Is the share class right? Are founder shares structured for the small business CGT concessions on eventual exit? Is the ESOP scheme ATO-compliant? Fixing this before the term sheet costs hours; fixing it after costs months.
Coordinated with your lawyer. What classes of shares exist? What rights attach: voting, board seats, drag, tag, pre-emption, info rights? Do founders need special classes (multiple-voting, founder shares)? We bring the financial and tax angle to the legal drafting.
Term sheet review, due diligence support, data room owner, financials and tax answers for diligence questions, the model walked through with the investor. We sit alongside you through the round so you’re not negotiating from the legal seat.
Excel, fully linked, fully unlocked. You own it. We hand over the assumptions doc so anyone can drive it.
Organised by section. Financials, contracts, IP, governance, customer concentration, cap table. Ready for diligence the day a term sheet comes in.
A short written analysis of the pre-money range. Three methodologies, the range, the anchor point and the why. The document you put in front of an investor when they ask.
We’re online with you through diligence. Q&A turns around in 24 hours, not 5 days. Investors notice.
We do not do public-market capital raising. For ASX and equivalent listings you need a corporate adviser; we’ll often work alongside one.
25-minute discovery call. We’ll walk through what you’re raising for, what you’ve got prepared, and the highest-value next moves. Honest answer at the end on whether it’s a fit.
Book a capital raising review