Fundability Assessment
A fundability assessment is an honest read on whether a company could raise today, and a named list of what stands between it and a term sheet.
Service within Strategy Sprints
How we help with Fundability Assessment
Most founders learn they were not fundable from an investor who never says why.
Score the company the way an investor would
Team, traction, unit economics, market and governance, assessed against what actually gets funded at this stage rather than against ambition.
Name what is standing in the way
The two or three specific things between this company and a term sheet, stated plainly. Investors almost never say this out loud.
Sequence the fixes
Which gaps can close in a quarter, which take a year, and which mean this is not the right moment to raise at all.
Re-test before the process starts
The assessment run again once the work is done, so the decision to go out is made on evidence.
FAQ
Questions founders ask about Fundability Assessment
What is a fundability assessment?
A structured, honest read on whether a company could raise today, and a named list of what stands between it and a term sheet.
Is this the same as investor readiness?
No. This decides whether to raise. Investor readiness is the work of preparing to, once the answer is yes. Doing the second without the first is how companies spend six months in meetings that were never going to convert.
Will you tell us not to raise?
Sometimes, and that is most of the value. A company that raises nine months early usually raises on worse terms or not at all, and burns investor relationships it will need later.
How long does it take?
Typically two to three weeks, including access to your numbers. It is deliberately short, because an assessment that takes as long as the preparation is not helping anyone decide.
What our research says about Fundability Assessment
When an investor asks about revenue, they're not really asking what you did. They're trying to work out whether the next number will show up.
The most expensive situation I see is a company whose story is running a round ahead of its Source layer: a Series B narrative told on seed-grade data discipline. Diligence always finds it, and when it does, it doesn't read as an accident.
If a diligence team showed up tomorrow, what would they find that I have not already explained to myself?
Further reading
Article · Sriram ChidambaramRevenue predictability: the one thing an investor can underwriteRead
Article · Sriram ChidambaramThe 5 levels of information maturityRead
Article · CA Mallavarjalla MounikaDD Is Not the First Time You Should Look at Your BusinessRead
Article · CA Mallavarjalla MounikaWhy Investors Lose Confidence Mid-ProcessRead
The people behind Fundability Assessment
Fundability Assessment is run by the studio team: one multidisciplinary team whose pods work in tandem, matched to the sector and the stage the company is in.
Due Diligence pod
Led by CA Mallavarjalla Mounika
Lead - Due Diligence & Assurance. Assesses risks and investment readiness.
See the pod structure
What usually runs alongside this
Investor ReadinessThe model, the deck and the market case that survive a second meeting, prepared before the raise, not during it.
Government Scheme MatchmakingWhich Indian government schemes a company is actually eligible for, and what applying really requires.
Cohort Venture PartneringThe financial advisory bench behind an accelerator, corporate venture arm or ecosystem programme, delivered to a whole cohort.
