Startup Quiz: Financial Health
A well-organized data room is the foundation of a successful fundraising process, serving as your company's single source of truth for investors and setting the tone for professional due diligence. This comprehensive checklist outlines the essential documents and materials you'll need to compile, organize, and maintain throughout your fundraising journey. From corporate formation documents to detailed financial models, this guide ensures you'll be thoroughly prepared for investor scrutiny while demonstrating the maturity and transparency that sophisticated investors expect.
About the Quiz
The Growth Stage Financial Health Assessment is an interactive quiz designed to evaluate the financial health of growth-stage companies across five key dimensions:
Growth Metrics
Measures year-over-year revenue growth and annual recurring revenue (ARR)
Evaluates if the company is growing at rates typical for its stage
Capital Efficiency
Looks at burn multiple (how much cash spent per dollar of new ARR)
Assesses cash conversion (ARR generated relative to funding raised)
Helps determine if capital is being used effectively
Unit Economics
Examines customer lifetime value to customer acquisition cost ratio (LTV/CAC)
Measures how quickly customer acquisition costs are recovered
Shows if the basic business model is profitable
Revenue Quality
Evaluates net revenue retention (how well you keep and grow existing customers)
Looks at gross margins
Indicates the sustainability and scalability of revenue
Cash Management
Assesses runway length at current burn rate
Evaluates sophistication of cash management processes
Shows how well prepared the company is for various scenarios
Scoring System
Each question has four possible answers, scored 0-3 points
0 points = needs significant improvement
1 point = below benchmark but acceptable
2 points = meets typical benchmarks
3 points = exceeds benchmarks
Maximum score per category is 6 points (2 questions × 3 points)
Total maximum score is 30 points (5 categories × 6 points)
Overall Health Assessment Levels:
Excellent (80%+ of total points): Strong performance across most metrics
Good (60-79%): Solid performance with some room for improvement
Fair (40-59%): Several metrics need attention
Needs Improvement (Below 40%): Significant improvements needed
Contact Marion Street Capital to discuss how our FinOps expertise can help your growth stage company raise capital.