What are the documents needed when we get our first approval?
After you submit your first application and share some initial details about the company, we review it and if we can see potential cooperation, request further documents required for the next phase.
We are requesting these documents because Funderbeam operates in a highly regulated industry and must carry out due diligence on the company.
Pitch deck / Project Summary
Describing the problem, solution, market (TAM, SAM, SOM), traction (users,
revenue, margins, growth), unit economics (CAC, LTV, churn), team, competition,
capital (previous rounds, how will funds be deployed), risks and exit scenarios.
Annual reports for 5 years (or from funding)
Equity — pre-money valuation ,type of shares issued to investors.
Convertible note — valuation cap, discount rate, interest rate, maturity
date, effective date, trigger event(s).
The minimum and maximum amount for funds raised target.
Lead investor(s) and their ticket size (or strategic investor / VC and their
ticket size). Lead carry fee.
Up-to-date cap table
Most up to date and fully diluted capitalisation table.
Income Statement (P/L) for the past 5 years or since the inception of the company if the company is newer.
Balance Sheet for the past 5 years or since the inception of the company if the company is newer. Outstanding liabilities (loans, convertibles, warrants, options).
Required legal documents
- Articles of Association – a document similar to the Founders’ Agreement set out when you create your company
- Shareholders’ Agreement – a legal contract among a company’s shareholders that describes how the company should be operated and outlines shareholders’ rights and obligations
- List of Shareholders – an alphabetical list of the names, addresses, and telephone numbers of the shareholders of the Company along with the number of shares held by each of them
- Incorporation and commercial registration details