Choose Capital for the Next Stage.
What amount, for what use, at what moment, with what effect on ownership: capital strategy connects the objectives of the next 12 to 24 months to the financing options, before choosing an instrument.
Discuss My Capital StrategyThe questions, in order
Objective
What must the capital enable in the next 12-24 months?
Amount & use
Growth, product, team, geography, working capital.
Timing & runway
When is the capital actually needed?
Ownership & dilution
What you are willing to give up, and at what price.
The main families of capital
Equity, non-dilutive financing, intermediate instruments: each family has its conditions, its timeline and its effect on ownership. We address them at a strategic level, the choice and legal structuring of an instrument then belongs to specialised advisers.
Coherence above all
A coherent capital strategy aligns amount, milestones, timing and acceptable dilution. Incoherence between these four elements is the first cause of difficult raises.
FAQ
Is this investment advice?
No. We provide no regulated investment advice: the work concerns your company's financing strategy, at a general level.
How does this differ from fundraising advisory?
Capital strategy comes first: it defines what to raise and when. Fundraising advisory then executes that choice.
What if the conclusion is not to raise?
That is a possible, and sometimes the right, outcome: self-funded growth, non-dilutive financing, or postponing the round.