Projections for Seed Rounds
Today we’re talking about the projections you will need for your seed fundraising.
Most investors will expect something along the lines of:
- Projections over 2–3 years, broken down quarter by quarter.
- The line items within those projections usually cover: Payroll & Benefits, Marketing, Office Costs, General & Administrative, COGS, Revenue and Burn. You might break out one or two of these further if they are particularly important to your business.
- Be sure to also include how you expect your team to grow over time, the roles and expected costs.
- Lastly, the projections should show your expected runway and when, or if, you plan to fundraise again.
Best of luck out there.