Your pitch deck got you the first meeting. Now the VC wants to go deeper. A well-organized, complete data room accelerates due diligence from weeks to days — and signals to investors that you run a tight operation. Here's exactly what to include.

Financial Statements (Last 2–3 Years + YTD)

  • Monthly and annual P&L statements
  • Balance sheets (monthly)
  • Cash flow statements
  • All statements should be GAAP-compliant and prepared by a CPA

Financial Model & Projections

A 3-year financial model with monthly detail for Year 1, quarterly for Years 2–3. Include revenue model assumptions, unit economics, headcount plan, and burn rate. Investors will stress-test this — make sure your assumptions are defensible.

Key Metrics Dashboard

  • MRR / ARR growth (SaaS) or GMV / revenue (e-commerce)
  • Customer Acquisition Cost (CAC) and payback period
  • Lifetime Value (LTV) and LTV:CAC ratio
  • Gross margin by product/segment
  • Churn rate (monthly and annual)
  • Burn rate and runway (months)

Tax & Legal Compliance

  • Last 2 years of filed tax returns (federal + state)
  • IRS letters and notices (if any)
  • Evidence of payroll tax compliance (941 filings)
  • Cap table (fully diluted, including option pool)
  • Certificate of Good Standing from state of incorporation

Banking & Accounts

  • Last 12 months of bank statements
  • Current accounts payable and receivable aging
  • Existing debt or credit facilities

Advisory Monks Consulting prepares Series A-ready financial packages as part of the Enterprise Plan Virtual CFO service. We've supported clients through multiple fundraises — from seed to Series B.