Funding
We are raising €400,000 for twelve months.
You were probably sent here rather than finding this yourself, so we will not waste the page on a pitch you can get from us directly. Here is the ask, what it buys, and exactly where the business is today, including the parts that would make you say no.
Where we are
Pre-revenue
No customers yet, no signed pilots, no revenue in this business. Two engineers, a stack we can build, and a market we are certain exists. If you need traction before you invest, you should not invest yet, and we would rather you knew that in the first ten seconds than the third meeting.
The ask
- Amount
- €400,000
- Runway
- 12 months
- Instrument
- SAFE or convertible loan
- Valuation
- Deferred to the priced round
A cap and discount agreed up front, converting at the first priced round. Direct equity works if you would rather own a defined percentage today. We are not going to argue for a valuation on a company with no revenue.
Where it goes
Two founders, twelve months
Modest salaries for both of us so we can stop taking other work and put every week into this.
€170,000
First engineer
Hired once the first deployments are signed, not before. If they are not signed, this money stays in the account and becomes runway instead.
€95,000
Reference hardware
Two machines of our own so a prospect can watch their own use case run before they commit to anything. This is the fastest thing money buys us.
€40,000
Getting in front of buyers
This sale is slow, relationship-led, and happens in rooms. Travel, events, and the patience to work a pipeline that closes in quarters.
€45,000
Running the company
Hosting, tooling, legal, accounting, and the buffer that stops a slow quarter turning into a dead company.
€50,000
What we are aiming at
- Month 3
Three paid pilots running on real customer documents
- Month 6
First two production deployments signed and live
- Month 9
The stack installed the same way twice, without either of us improvising
- Month 12
Ten customers on monthly support, which is the recurring revenue this is all for
Targets, not forecasts. We will report against these every month whether they are met or not.
What would make us wrong
Enterprise sales cycles are long and we have not closed one yet. If the first three pilots take nine months instead of three, twelve months of runway is not twelve months.
Frontier hosted models could stay far enough ahead that customers accept the compliance pain to get them. We think the gap is closing. We could be wrong about how fast.
A cloud vendor could ship a genuinely convincing sovereign offering and take the easy half of this market. That leaves the strict half, which is smaller.
We are two engineers. Neither of us has sold enterprise software before, and that is the skill this needs most.
Who we would like to hear from
- Operators who have sold into healthcare, legal, finance, or the public sector
- Founders who have taken an engineering shop into a product company
- Angels who know that enterprise sales cycles are measured in quarters, not weeks
- Anyone running a company with this exact problem who would rather see it solved than watch us pitch it
Start a conversation
Email either of us directly. We will send the numbers, the pipeline as it actually stands, and answer anything. No deck required to start.