Q1 2024
Key Metrics
Highlights
Lowlights
Asks
Insights
Q1 Recap
Whats Next
Thanks
Key Metrics
| Quarter |
Q1 (31Mar24) |
Q2 (Projected) |
| Cash Balance ($K) |
3,949 |
3,700 |
| Monthly Burn ($K) |
31 |
75 |
| Runway (Months) |
128 |
53 |
Highlights
- Closed $4.125M seed fundraising round with 3 top-tier VCs and 10 amazing angels
- Institutional round led by LightSpeed, with participation from BoxGroup and Point72 Ventures
- 10 angel investors / advisors, bringing significant depth of experience from sell-side (Goldman, Citi, Morgan Stanley), buy-side (Sixth Street, Citadel, ExodusPoint), technology (Google) and early stage start-ups
- Tyler Davidson (Product / Design) and Tyler Evans (Engineering) are joining w/c 8 April, having managed their exits from Goldman and Balyasny respectively
- Engaged with 28 different buy and sell side firms for user research sessions
- Created core platform and infrastructure on AWS