Fundraising Support

Case in point

An emerging Cleantech company with a revolutionary product required financial executive support through a fundraising process.

Situation Assessed

A cleantech company needed assistance in project management, updated accounting structure and investor outreach to put them on the track for accelerated corporate growth. 

Challenges Encountered

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    The Company did not have an internal financial expert to act as a liaison between Management and the potential investors

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    Books and records required extensive clean-up, along with a cash-to-accrual conversion of the Company’s activity

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    The Company’s Cap Table was outdated and key pieces of information were missing

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    Additional investment was needed to hit a key threshold to trigger the convertible notes conversion and de-leverage the balance sheet

Value Delivered

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    Worked alongside the Chief Executive Officer and Board of Directors to, provide deal expertise and project management, through the due diligence process

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    Managed additional investor outreach and corporate development efforts

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    Developed an 18-month cash flow forecast and an itemized Sources & Uses, providing investors with a detailed financial roadmap for increased commercialization

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    Developed an iterative Cap Table model to the investor group with support behind key valuation metrics, providing greater assurance on pre- and post-money valuations

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    Implemented necessary improvements within the accounting and operating structure to create greater transparency into working capital needs

Outcomes Achieved

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    The Company was able to close its investment round at an increased pace, with the existing terms set forth within its original term sheet

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    Provided the transparency needed for the CEO and Board to see an accurate financial state of the Company

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    Provided key considerations towards increased revenue and profitability

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    Developed a successful relationship leading into follow-up on corporate development and commercialization support