Timeline, runway, when we start to raise, when we must raise by
Twenty four months of runway, so the raise opens at month twelve
Month 18
$4.0M
Top quartile
Month 17
$3.0M
The Series A median
Month 14
$2.0M
The floor to start a process
Month 12
$1.4M
The raise opens
Month 6
$325K
First cohorts closed at M1, M3 and M6
Month 1
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Measurement live
Revenue arrives three months after the signup that earns it. That is why the raise opens at month twelve and the numbers clear at month seventeen.
Counted back from the day the cash runs out. CRV on 18 to 24 months of seed runway. Bessemer State of the Cloud 2023 on 24 months as best in class. Carta on a $3.0M median ARR at Series A. CRV on $2.0M as the floor for a competitive process. OpenView Product Benchmarks on 54% of conversions inside three months, applied to our own signup ladder. ARR from the accompanying model.
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