Hum Webinar Recap – Leveraging a Financial Model to Close Checks
Aug 23, 2022
Hum Capital joined together with partner Forecastr for a webinar to help founders and CEOs learn how to leverage a financial model in fundraising, impress potential investors, and close more checks.
On August 23, 2022, Hum Capital joined together with partner Forecastr for a webinar to help founders and CEOs learn how to leverage a financial model in fundraising, impress potential investors, and close more checks.
You can view the full webinar recording below:
Forecastr Co-Founder & COO Logan Burchett presented and walked attendees through the importance of building a powerful and defensible financial model during fundraising.
Some quick takeaways:
- A great model not only helps you raise capital and impress investors during the process, but also helps you run your business better in the long run.
- When crafting your pitch deck, tease the investor with a snapshot of your financial model including your financial projections for at least the next 5 years – don’t go to deep, be concise!
- Post that first investor meeting, make sure to follow up and include any further analysis from the discussion on your financial model – this will impress the investor even more.
- Your financial model needs to back up your larger company growth goals. By diving deep into customer acquisition for example, you’ll be able to show your specific plans on how you’ll go about acquiring more customers at a lower cost and make your model “believable” to investors.
As always, if you are interested in exploring your financing options or raising capital, we’re here to help! Please fill out this form to speak with someone on our Investment Team.