Financial Model Examples of Real Funded StartupsPage 2
855 venture-backed startups with a free, downloadable Excel model - investor-ready 5-year forecasts, valuation, MOIC/IRR, and unit economics. Built from pitch decks and publicly available information.
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Financial Model Examples by Rounds
Financial Model Examples by Industry
Enterprise/Security
130Financial Model Examples of 130 Enterprise/Security Startups
Fintech
116Financial Model Examples of 116 Fintech Startups
Marketplace
95Financial Model Examples of 95 Marketplace Startups
Health-tech
74Financial Model Examples of 74 Health-tech Startups
Dev Tools
62Financial Model Examples of 62 Dev Tools Startups
Media/Gaming
56Financial Model Examples of 56 Media/Gaming Startups
AI/ML
52Financial Model Examples of 52 AI/ML Startups
Crypto/Web3
50Financial Model Examples of 50 Crypto/Web3 Startups
Hardware/Deep-tech
39Financial Model Examples of 39 Hardware/Deep-tech Startups
InsurTech
39Financial Model Examples of 39 InsurTech Startups
Climate/Energy
32Financial Model Examples of 32 Climate/Energy Startups
Biotech/Pharma
31Financial Model Examples of 31 Biotech/Pharma Startups
Consumer/DTC
30Financial Model Examples of 30 Consumer/DTC Startups
Logistics/Mobility
20Financial Model Examples of 20 Logistics/Mobility Startups
PropTech
16Financial Model Examples of 16 PropTech Startups
EdTech
13Financial Model Examples of 13 EdTech Startups
Search Startup Financial Model Examples

Grover
$250.0M raisedConsumer tech rental marketplace - rent any of 3,000+ devices on a monthly subscription, return or buy when done.

Papaya Global
$250.0M raisedCloud-native global workforce management platform covering payroll, Employer of Record (EOR), contractor management, and HR admin across 140+ countries.

Starburst
$250.0M raisedEnterprise data analytics platform ("Analytics Anywhere") built on open-source Trino/PrestoSQL - lets companies query data across any source without centralising it first.

Zeta
$250.0M raisedCloud-native "Omni Stack" banking technology platform replacing legacy core and payment processing infrastructure for banks and fintechs.

GoStudent
$244.0M raisedOnline live 1:1 tutoring platform connecting students aged 6–19 with vetted tutors via subscription memberships.
Nuvia
$240.0M raisedCustom ARM-based server-class CPU/SoC designer targeting data center performance and energy efficiency leadership.

OwnBackUp
$240.0M raisedSaaS data backup, archiving, and sandbox-seeding platform purpose-built for the Salesforce ecosystem, with an expanding multi-SaaS vision.

Postmates
$225.0M raisedOn-demand local courier marketplace connecting businesses and consumers with a network of independent courier companies for same-day/immediate delivery.

Lusha
$205.0M raisedB2B sales intelligence platform providing contact and company data to help salespeople find and engage decision-makers.

Aura
$200.0M raisedAll-in-one consumer "intelligent safety" subscription replacing fragmented point solutions for identity, device, WiFi, social, assets, and privacy protection.
BrowserStack
$200.0M raisedCloud-based cross-browser and mobile app testing platform used by 50,000+ customers across 135 countries.

Creatio
$200.0M raisedNo-code platform for automating CRM and enterprise workflows, combining Studio Creatio (no-code builder), full CRM suite (Marketing, Sales, Service), and an AI Copilot layer.
DispatchHealth
$200.0M raisedOn-demand, in-home acute and advanced care platform replacing ER/hospital visits with mobile clinical teams.

dLocal
$200.0M raisedB2B payments infrastructure enabling global merchants to accept and send payments via 300+ local payment methods across emerging markets.
Fungible
$200.0M raisedFungible is building a Data Processing Unit (DPU) - a new class of programmable silicon - to make data centers data-centric rather than compute-centric.

Mercado Bitcoin
$200.0M raised2TM is the parent holding company of Mercado Bitcoin, Brazil's largest crypto-asset exchange, operating a vertically integrated "3-in-1" platform covering distribution, trading, and custody of digital and tokenized assets.

Nium
$200.0M raisedGlobal embedded payments infrastructure provider delivering pay-in, pay-out, and card issuance via a single API
Paddle
$200.0M raisedAll-in-one revenue infrastructure (checkout, payments, subscriptions, tax/compliance) built exclusively for SaaS companies.
Rippling (Series F)
$200.0M raisedRippling is a compound-software platform that unifies HR, IT, and Finance applications on a single employee data graph, eliminating fragmented point-SaaS administration.
Susa Ventures IV
$200.0M raisedSusa Ventures is raising two simultaneous funds - a $100M seed fund (Susa IV) and a $200M opportunity/growth fund (Susa Opportunities II) - as a barbell strategy doubling down on the firm's best seed-stage winners.

Transcarent
$200.0M raisedConsumer-directed digital health platform connecting employer-covered members to high-value care across telehealth, surgery, pharmacy, and specialty services.

Beckley Psytech
$186.0M raisedClinical-stage psychedelic drug development platform advancing a pipeline of psychedelic compounds (psilocybin, 5-MeO-DMT, NCEs) as licensed pharmaceutical medicines for neuropsychiatric disorders.
EQL
$186.0M raisedB2B SaaS platform managing scarce-product ("hype") launches for retailers - draw/raffle entry capture, fairness algorithm, smart checkout, and analytics.

Deep Genomics
$180.0M raisedAI-driven RNA therapy platform that uses machine-learning predictors to discover and design genetic medicines for rare and complex diseases.
Frequently asked
What is included in a startup financial model?+
Each model includes a five-year forecast, profit and loss statement, cash flow, runway, valuation, investor returns, and relevant unit economics.
Where does the startup information come from?+
The models are based on publicly available information, including company materials and pitch-deck data when available, then organized into a consistent Excel format.
Are the startup models free to download?+
Yes. Startup models are free Excel downloads. Enter your email on an individual startup page to receive the workbook.
Can I edit the assumptions in a startup model?+
Yes. You can adjust revenue drivers, hiring, costs, fundraising, valuation assumptions, and other inputs to test your own scenario.
How can I browse startups by industry or stage?+
Use the industry and funding-round sections on this page, or filter the startup list to find comparable companies.
Are these startup models investment advice?+
No. They are educational financial-modeling examples and should not be used as investment recommendations or due diligence on their own.
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