Financial Model Examples of Real Funded StartupsPage 7
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

Perplexity AI
$73.6M raisedAI-powered answer engine that replaces traditional search with direct, cited responses to any question

0x Labs
$70.0M raised0x Labs builds open exchange infrastructure (protocol, API, consumer app) for on-chain token trading across multiple blockchains.
Ably
$70.0M raisedEnterprise realtime messaging infrastructure (pub/sub) delivered as a cloud-native platform, enabling developers to build scalable live experiences without managing complex realtime infrastructure.

Aphea.Bio
$70.0M raisedAphea.Bio is a Belgian ag-biotech company developing and commercialising microbial biologicals (biostimulants, biofungicides, bioherbicides, bioinsecticides) for row crops, targeting yield improvement and reduced synthetic input use.

Dandelion Energy
$70.0M raisedDandelion Energy installs residential geothermal heat pump systems (ground-source HVAC) with in-house financing, targeting US homeowners on fossil-fuel heating.

Flowcarbon
$70.0M raisedFlowcarbon tokenizes institutional-grade voluntary carbon credits onto blockchain via the Goddess Nature Token (GNT), creating a liquid, transparent market open to corporate, retail, institutional, and crypto buyers.

LumApps
$70.0M raisedEnterprise social collaborative platform that unifies internal communications, intranet, and employee social networking into one digital workplace hub.

Productsup
$70.0M raisedEnterprise SaaS platform that manages product-to-consumer (P2C) data flows - syncing product information from brands/retailers across all digital commerce channels at scale.
Roadrunner
$70.0M raisedTech-enabled sustainable waste management and recycling company that replaces legacy haulers for commercial customers.

Sysdig
$70.0M raisedUnified cloud-native security and monitoring platform (Secure DevOps) for enterprises running Kubernetes and containers.

YuLife
$70.0M raisedGamified group life insurance and employee wellbeing platform sold B2B to employers in the UK.

SandboxVR
$68.0M raisedLocation-based VR entertainment company operating "holodeck" venues where groups experience untethered, full-body, socially immersive VR.

Revolut
$66.0M raisedMobile "personal money cloud" for fee-free cross-currency spending, sending, and exchange.

Forethought
$65.0M raisedAI-powered customer support automation platform (Solve, Triage, Assist, Discover) that deflects tickets and improves agent productivity for mid-market and enterprise companies.

Front (Series D)
$65.0M raisedFront is a customer communication hub that replaces email and ticketing tools for customer-facing teams, combining inbox UX with real-time collaboration, automation, and analytics.
Griffin
$65.0M raisedGriffin is a UK bank providing API-based banking and embedded finance infrastructure.

Hologram
$65.0M raisedIoT cellular connectivity platform that abstracts SIM management, carrier selection, and device fleet operations into a single software layer.

Pistil Data
$65.0M raisedCannabis market-intelligence SaaS platform that ingests public dispensary/eCommerce data and delivers sales-rep-level prospecting and competitive intelligence to cannabis brands.

Sternum
$65.0M raisedSternum secures IoT devices from within using on-device, real-time attack prevention and monitoring via a proprietary EIV (Embedded Integrity Verification) technology.
Tiko
$65.0M raisedSpanish proptech iBuyer / digital broker that buys residential properties instantly using an AI-driven AVM, then resells them

PlusPlus
$62.0M raisedB2B SaaS platform for technical team enablement - internal events, onboarding tracks, knowledge catalog, and mentorship, purpose-built for engineering orgs.

Luko
$61.0M raisedLuko is a French neo-insurer reinventing home insurance and expanding into a full "Home Care" companion (prevention, coverage, maintenance & repair) for European homeowners and renters.

Airbase
$60.0M raisedUnified non-payroll spend management platform (corporate cards, AP/bill pay, expense reimbursement, approval workflows) for mid-market companies.

CommerceIQ
$60.0M raisedSaaS platform that aggregates, analyzes, and automates e-commerce operations for enterprise CPG/consumer brands selling through indirect retailers (primarily Amazon, Walmart, Target).
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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