Financial Model Examples of Real Funded StartupsPage 20
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
Auki Labs
$13.0M raisedDecentralized peer-to-peer spatial positioning SDK for social AR - building the infrastructure layer to replace GPS and enable a persistent AR metaverse.

Numan
$13.0M raisedCQC-regulated UK digital clinic for men treating erectile dysfunction, hair loss, and premature ejaculation via an app + prescription delivery model.

Raydiant
$13.0M raisedB2B SaaS platform ("OS for real-world experiences") that delivers digital signage, touch kiosks, virtual agent software, music, and content management via a proprietary hardware + cloud subscription bundle.
Yapily
$13.0M raisedAPI infrastructure platform enabling businesses to connect to banks and embed open banking / open finance capabilities.
Ibble
$12.7M raisedSocial media platform built around asynchronous video conversations and collective discourse, reinventing how people connect and share ideas.

HowGood
$12.5M raisedSustainability SaaS platform and data intelligence provider that scores, rates, and benchmarks products across environmental and social impact metrics.
Acin
$12.0M raisedSaaS and data subscription network for operational risk management at Tier 1 financial institutions
Afrocenchix
$12.0M raisedD2C brand selling natural, vegan-certified hair-care products for afro and curly hair.

Battleface
$12.0M raisedTech-enabled travel insurance platform covering high-risk and non-standard destinations globally, sold direct and via B2B2C partners.

Convious
$12.0M raisedVertical SaaS + transaction-fee platform connecting out-of-home experience (OOHE) venues to visitors via e-commerce, dynamic pricing, marketing automation, and on-site operations.

GRID
$12.0M raisedGRID turns spreadsheets into shareable, interactive web documents - a publishing layer on top of Excel/Google Sheets.
KOS
$12.0M raisedPlant-based nutrition brand (protein powders, functional blends, supplements) sold primarily DTC via Amazon and KOS.com, expanding into brick-and-mortar retail.

Lumanu
$12.0M raisedFinancial operating system for content creators - payments, cashflow management, and community in one app.

Peak
$12.0M raisedEnterprise AI system platform that enables companies to ingest, transform, train, deploy, and action AI end-to-end in a single cloud-native product.
Riogrande
$12.0M raisedLatAm e-commerce brand aggregator - acquires, incubates, and scales third-party marketplace brands on Amazon and Mercado Libre.

SpineZone
$12.0M raisedIntegrated musculoskeletal (MSK) care platform combining in-clinic and online care to reduce surgery rates and opioid dependence for health systems, health plans, and employers.
Toch.ai
$12.0M raisedAI-powered real-time video clipping, metadata tagging, ad monetization, and cross-platform publishing platform for broadcasters and content owners.
Vira Health
$12.0M raisedDigital menopause care platform ("Stella") combining a personalised 12-week behaviour-change app with 1:1 coaching, community, and a roadmap to add telemedicine and pharmaceutical prescription/delivery.

Wise
$12.0M raisedEmbedded business banking platform distributed through B2B2B partner channels (app stores, affiliates, co-branded) targeting US small businesses.

Legal.io
$11.6M raisedEnterprise marketplace combining legal talent staffing/recruitment, vendor discovery, and job listings for corporate legal departments.
Green Li-ion
$11.6M raisedTechnology licensor that converts black mass from spent lithium-ion batteries into battery-grade cathode material via its proprietary GLMC process.

Artisan
$11.5M raisedAI-powered "digital workers" (branded Artisans) that autonomously perform role-specific tasks - starting with outbound sales - and are delivered as SaaS subscriptions.

Birdie
$11.5M raisedSaaS platform digitising and coordinating elderly home care delivery for care agencies, carers, families, and clinicians.

Vaayu
$11.5M raisedAutomated carbon accounting SaaS for retailers - tracks and cuts carbon in real-time at the transaction level.
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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