Creating a Fundable profile is an excellent first step in raising capital, but it may not be sufficient on its own. Investors often require additional information before making an investment decision. As part of the due diligence process, investors typically review key business documents, including:
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Operating agreements or corporate by-laws
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Financial statements
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Customer and supplier agreements
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Patent applications
If investors find the provided information satisfactory, the next step involves drafting transactional documents such as stock purchase agreements or promissory notes. These documents formalize the investment process and ensure legal compliance.
To enhance your chances of securing investment, it is advisable to prepare these materials in advance and be ready to provide them upon request.
⏩ For insights into different stages of funding and to understand what investors look for at each stage, check out this resource: Series Funding (A, B, C, D, E).
If you're looking to consult with an expert, consider checking out Startups.com for 1-on-1 sessions or workshops to help guide you through the fundraising process.