Your Funding Plan
Your Funding Plan is a great companion to the Long-Term Funding Roadmap as it helps break it down into a short-term action funding plan. It helps you close your funding round faster and smarter, as well as segment your (many) investor prospects.
Your Funding Plan
Secure your investor funding
Startup financing is always about creating a match between an investor’s strategy and your funding case.
Use Your Funding Plan to increase your chances of finding the right investors and more easily secure your funding round. This tools helps you focus exclusively on your current, on-going funding round.
Zoom in on the investors that matter to you
Don’t run around meeting hundreds of potential investors. Scout, Map, Segment and Organize your investor leads. Zoom in and work only with the investor prospects that matter to you.
Work strategically on your investor development
Once you have narrowed them down, say from 300 to 20, start working strategically on them, case by case. Do your research. Learn their investment strategies. Map their portfolio, tailor your slides to their strategy. Use your network to get introduced.
UPCOMING FLAGSHIP PROGRAM
Scale Up Coach
How can we build better startups & scale ups? Join Rick Rasmussen (Silicon Valley) & Christian Rangen (Europe) in this advanced level program and become a certified Scale Up Coach. Master 15+ new tools in five interactive self-paced modules.
Launching March 9th. Pre-register for 50% off and launch webinar access.
The Funding Plan helped us secure our last funding round.
Use Case: Norwegian Seafood Startup
Norwegian Seafood Startup JT was just getting started on their serious fund-raising efforts. The various investor prospects they had were scattered all over e-mail accounts, LinkedIn, business cards, SMS, Skype, personal relations and a few undefined previous contacts; in short, it was a mess.
Working on the Funding Plan, the team quickly realized they had to bring structure into the process. After a brief introduction to the tool, the founding team spent the next 90 minutes gathering all their various investor contacts, structuring them into the Funding Plan and identifying the gaps in their emergent funding plan.
Once the baseline was in place, the team could move into more specific segmenting, mapping the prospects they already had, using the Funding Plan. In minutes, the work revealed that the team was far behind hitting their fundraising target on their original timeline. This kicked off a highly energetic sprint, where the team dug into securing new investor prospects, mapping them into the Funding Plan and follow up with them in the coming weeks.
A few months later, JT secured its minimum investment target, using the Funding Plan as one of its core investor tools.
How to Use it
Stick it to the Wall
First time users want to print and stick it to the wall. Introduce the tool and structure to your team. Complete the introduction information on top, notably on ease of funding and weeks until close. Organize your key investor prospects, start filling in, sorting and segmenting your leads.
From Paper to Software
Intermediate and expert users will prefer using the digital version, available in the App (summer 2019).
The app allows you to invite your team, collaborate in real-time and work digitally.
Stay tuned – and good luck with your current and future fundraising.
Strategy Tools in Action
How Consultants Across the Globe Create Impact with Strategy Tools
Go behind the scenes on how top consultants across the globe use Strategy Tools in their work. Learn how they use Strategy Tools in strategic discussions for maximum client impact, how they “break the ice” with boards and managements when discussing strategy and their recommendations on how you can use Strategy Tools to amplify your work with clients and grow your consulting practice.
See all our new online courses
You can now access several courses - both free and paid - on the ST Academy. Here, you will gain the know-how to use relevant strategy tools - including new ones specifically designed for the crisis we’re all currently in.
Let's Be Friends
Follow us for expert tips, new tools, webinars, and other strategy goodies.
Let's be Facebook friends
Connect with us on LinkedIn
Follow our tweets
Watch our YouTube videos