A fast-growing US based fintech startup was planning to raise capital to accelerate its growth further.
Key value the additional capital would bring included investments in areas such as R&D, risk management, market expansion, overall organizational growth, and talent acquisition.
Nordico was hired to support executive leadership through two rounds of financing, including financial modeling, diligence support, valuation, information memorandum development and ad-hoc support.

Worked closely with the founders throughout the processes to provide advice and develop materials required for the funding rounds.
Developed financial models including TAM, revenue, COGS and SG&A cost projections as input to the diligence and information memorandum.
Developed current- and future state organizational models as input to the future state required to support the projected growth.
Assisted executive leadership in conducting a valuation of their company based on various methods and revenue growth projections as input to discussions with investors.
Developed data requests and materials to help the company rapidly prepare for the diligence processes.
Supported executive leadership in developing the overall information memorandum for both rounds of financing.
Helped executive leadership prepare for board meetings by developing materials and conduct various analysis.
Provided ad-hoc support to leadership when required, including specific requests throughout the diligence processes.

Enabled executive leadership to keep the pace throughout and close the rounds on time by providing timely and high-quality deliverables.
Reduced business disruption by freeing up time for executive leadership enabling them to focus on communication with key stakeholders and business as usual.
Helped executive leadership identify an attractive valuation, which was key as input to negotiations with investors and to accomplish a total raise of $140M.

Nordico assists fintech startup through two rounds of financing