Capital
Raise readiness, investor reporting and the round itself, run on the same numbers as your books, with a senior team beside you through diligence and after the close.
Talk to our team
GV
Redpoint
First Round
Canaan
Uncork Capital
Morpheus
GVRedpointFirst RoundCanaanUncork CapitalMorpheusGet ready for investor scrutiny
A raise is won long before the round opens. A current cap table and a data room that never goes stale are what make diligence a formality instead of a scramble.
- A round you walk into ready
- Diligence answered, not scrambled
- The round sized and benchmarked
- A model that survives diligence
- An evergreen data room
- Investor updates on cadence
- Cap table current
How founders use Quill
Raise-ready every day
The data room is kept current all year, so the day you decide to raise, diligence can open on numbers that already tie to the books.
Raise readiness
- An evergreen data room, kept current
- Cap table administration, through Carta
- 409(a) valuation coordination
- The metrics investors test, reconciled to the books
| Holder | Shares | % | Class |
|---|---|---|---|
| Founders | 6,240,000 | 62.4% | Common |
| Seed investors | 2,110,000 | 21.1% | Preferred |
| SAFE conversions | 450,000 | 4.5% | Preferred |
| Option pool, granted | 470,000 | 4.7% | Options |
| Option pool, unallocated | 730,000 | 7.3% | Reserved |
| Total | 10,000,000 | 100% |
Note: 409A valid through Nov 14. Data room reviewed Sep 8, 148 documents, nothing stale.
Investors and the board, kept informed
Updates, board decks and lender reports go out on schedule, built from the same close as everything else.
Investor reporting
- Monthly and quarterly investor updates
- Board deck preparation and board meeting attendance
- Lender reports and covenant documentation
- Reporting on a new cadence after each close
21.4 mo
was 23.1 before the two hires
Net burn
$402K
Cash
$8.6M
Next raise
Q3
With you through the round
Before the round you know how much to raise and what it does to dilution and runway. During it, diligence requests come to us and term sheets are modelled side by side.
The round
- Round sizing and valuation benchmarking
- Dilution, runway and milestone scenarios at each size
- Diligence requests tracked and answered
- Term sheet analysis and comparison
$15M
our call · clears the Series B window
| Raise | Dilution | Runway | Pre-money |
|---|---|---|---|
| $12M | 18% | 26 mo | $54M |
| $15M | 21% | 31 mo | $56M |
| $18M | 24% | 36 mo | $57M |
The right facility, and the terms to match
We find the lenders that fit, negotiate the terms, and watch the covenants once the facility is in place.
Debt
- Lender sourcing across banks, venture debt and revenue-based finance
- Facility structuring and term negotiation
- Covenant monitoring
- Drawdown management on existing facilities
Maya, the data room has August actuals and the new cap table. Both term sheets are modeled side by side in the deck. Our call is the $15M at $56M pre.
2 replies · Last reply today at 9:31 AM
One finance department
We are not a bank or a broker. Our compensation is a monthly retainer, never tied to a deal outcome.