Financial models for start-ups
Development of a financial model for a technology start-up as part of the Series B financing round.
Number of employees
A start-up, focusing on harnessing waste heat from high-performance computers for electricity generation, required a comprehensive financial model for its Series B financing. This model needed to accurately represent the development of a new data center in Sweden, including its subsequent expansion. Additionally, it was essential for the model to facilitate the simulation of various electricity pricing scenarios, while also incorporating the diverse technical elements associated with the data center's operation.
An integrated financial model consisting of profit and loss account, balance sheet and cash flow was developed. In addition to the usual features of a start-up financial model, the model also included the simulation of electricity price scenarios and a cost-benefit analysis for different hardware configurations. To ensure user-friendliness, a cockpit was created in which all planning assumptions could be defined. The most important results were summarised in a dashboard.
The following tools were used in this project:
The financial model was presented to investors and funding in the double-digit millions was achieved. A key success factor was that the financial model was built according to best practice standards to meet the requirements of venture capital investors. The model was subsequently modified and is currently used by the start-up as a controlling and budgeting tool.
Support with financial modelling, valuation, data analytics, Excel and Power BI.