The Danish Startup Ecosystem Guide 2024 - Magazine - Page 56
SEED & VENTURE CAPITAL
Sponsored: This article is published in collaboration with Deloitte
Deloitte:
Startups, make
sure investors can
see the light in your
business too
Raising capital appropriately requires thorough
preparation of the financial material. And it’s
not always easy without the right expertise,
says Deloitte.
O
ne of the biggest challenges
on the startup journey is raising capital. Therefore, it is
essential to have your 昀椀nancial pencil case in order before business
angels, foundations and VCs come into
the picture.
This is the message from Deloitte,
which since 2017 has specialized in
advising startups and scaleups on the
entire growth journey - from pre-seed
to IPO and exit.
”The more data you can give an
investor, the better basis they have for
making an investment. That preparation requires integrity and integrity 昀椀rst
and foremost, but at the same time, the
preparation pays off by making it easier
56
to determine a value for the company.
When raising capital, it’s essential to
convince the investor that you’ve got it
Deloitte Fast Growing
Companies
Deloitte has assembled our experts with
extended industry knowledge to help startup and scale-up companies succeed.
We o昀昀er tailor-made solutions to start-up
and scale-up companies as the trusted
advisor throughout their transition and
growth period.
No matter the perspective, we can help you
and are ready to take care of your needs
Learn more at www2.deloitte.com/dk
right. And that’s where we can help,”
says Mads Fauerskov, Partner at Deloitte
Fast Growing Companies.
Preparation not only bene昀椀ts a funding
round. It is also an opportunity for founders to de昀椀ne a clear direction of where
the company is heading, explains Louise
Jeppesen, Senior Consultant at Deloitte.
”It’s usually a good exercise for startups
and scaleups to create an overview of the
昀椀nancial situation and future. Often,
when a growth company is at an early
stage, the founder team are octopuses,
acting as CEO, CFO, sales manager and
everything in between. That’s why we
help prioritize the direction of what the
company will succeed at and what that
will look like 昀椀nancially.”
The Guide
