Develop and present your understanding of how your business will operate within its target market. Prepare documents that will highlight the appeal of this positioning to potential shareholders.
Even with a limited track record, your funding round will require a significant amount of financial data.
A well-built financial model will be the cornerstone of your financial data - allowing you to both track (and report on) performance, and generate robust forecasts for valuation.
You have a selection of interested investors, but you're not over the line yet.
Running an efficient diligence process while building competitive tension among investors takes skill and effort. Once completed, make sure you understand the details within your term sheets.
Ithaca was able to provide hands-on support to put together a financing plan in very little time.
Through the platform, we were connected to a handful of freelancers based on their affinity for our business model and their backgrounds (it was great to see all had blue-chip financial institutions backgrounds).
Our specialist was pragmatic and results-oriented – she understood our business inside out and was able to deliver with minimal oversight.
The app was user-friendly, intuitive and real added value, as it helped us navigate all the steps of the project, from matching and outline, to delivery, to payment and completion.
We wanted to update our internal operating model and perform a valuation analysis on our business.
Our specialist did a great job of pinning down the key drivers of our company and remodelling projections using a more realistic, simpler framework.
The valuation analysis was extremely detailed and touched on all the key valuation methodologies.
It is not our first time using freelancers or freelance platforms in the past, but the end-to-end focus on project delivery made Ithaca a fundamentally different, superior experience.