Financial Model Examples of Real Funded StartupsPage 28
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

Beem
$4.0M raisedAR communications platform that overlays full-body "hologram" video of a person into the recipient's physical space via smartphone or web.

CGHero
$4.0M raisedTwo-sided talent marketplace connecting CGI, 3D, and VFX artists ("Heroes") with studios and production companies worldwide.
Connectly
$4.0M raisedAI-powered cloud platform for message-based marketing, enabling businesses to convert 2-way WhatsApp/SMS conversations into revenue.
Experify
$4.0M raisedSaaS platform that embeds peer-to-peer shopper conversations on brand websites to drive authentic word-of-mouth and increase conversion.

Fakespot
$4.0M raisedReal-time eCommerce fraud protection - detects fake reviews, unreliable sellers, and counterfeit/problem purchases via a browser extension.

Goodcall
$4.0M raisedAI-powered phone agent for local/small businesses - answers calls, books appointments, handles FAQs, and routes to staff via voice and messaging.
iFarm
$4.0M raisedB2B SaaS + consumables platform providing data-driven software and growing technology for indoor vertical farms

Juno
$4.0M raisedHello Heart is an AI-powered mobile app for heart health management, sold B2B2C to self-insured employers and health plans.

LottieLab
$4.0M raisedEnd-to-end browser-based animation editing platform for product teams (designers, developers, animators, PMs) built on the Lottie open-source format.

Orbital Witness
$4.0M raisedAI-powered instant risk rating platform for real estate assets - "a credit check for land and property"
Protecto
$4.0M raisedAPI-first data privacy and tokenization platform that de-identifies PII/sensitive data in real time to make enterprise Gen AI apps compliant and secure.
Ring
$4.0M raisedWi-Fi video doorbell (sold as "Doorbot") that lets homeowners see and speak to visitors via smartphone.
Spire Global
$4.0M raisedNanoSatisfi (later Spire Global) - nanosatellite operator targeting communication and weather data applications via CubeSat-standard satellites.

Figma
$3.8M raisedBrowser-based image-editing and creative tooling platform targeting designers and hobbyists, built on GPU-accelerated web tech.

Noto
$3.8M raisedAI-native operating system for lesson-based businesses (tutoring, music/dance schools, private coaching), replacing fragmented legacy software with an integrated SaaS + payments platform.

Gravity Sketch
$3.7M raisedIntuitive VR/AR/cross-platform 3D design and real-time collaboration software for industrial design teams.
Compliable
$3.6M raisedB2B SaaS platform managing licensing and compliance for sports betting operators and regulators.
CollateralEdge
$3.5M raisedFintech platform enabling regional/community banks to cover up to 20% of marginal C&I loan risk via a proprietary collateral-based contract, letting banks say YES to borrowers they would otherwise turn away.

Feel Therapeutics
$3.5M raisedDigital precision medicine platform for mental health - continuous passive monitoring via wearables + proprietary algorithms + digital therapeutics (DTx).

Kensho Health
$3.5M raisedKenshō Health is a provider discovery and care navigation platform connecting patients with vetted holistic/integrative medicine practitioners.

Spinach
$3.5M raisedAI-powered standup meeting tool that helps remote product teams run faster, more structured daily standups

Vise AI
$3.5M raisedAI-powered outsourced portfolio construction and management platform for independent financial advisors and RIAs

Emitwise
$3.4M raisedB2B SaaS platform automating corporate carbon footprint tracking, reporting, and reduction using machine learning.
Koala
$3.4M raisedPeer-to-peer vacation marketplace where timeshare owners rent unused weeks directly to travellers, at up to 70% below hotel rates.
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.
Have more financial modelling questions? Contact us

