ILLUSTRATIVE ONLYWhile Kilnmark is a fictional company and this data is all invented, this is a working sample of the automated
reporting layer SPRCHRGR builds for our valued clients. Every customer, person and number on this page is fictional.
KilnmarkSeries A readiness
ILLUSTRATIVEBASE
Kilnmark wants to raise a Series A in the spring. Here is what diligence will find, and the room that already answers it.
1
Is your diligence already built?The diligence room, current to the October close
LIVE
The data-room checklist
The financial items a Series A investor asks for, each one rebuilt from the books at every close, dated, and linked to the view that proves it.
The questions a partner will ask, and where the answer is
Each answer below is computed from this month's close, read against the Series A bar.
2
What is your ARR, and does it tie?ARR three ways, tied to invoices and the general ledgerMonth-end ARR, Nov 2023 to Oct 2026 · month-over-month growth · the five numbers a deck and diligence disagree on
CLOSED MONTHS
3
How does ARR move?The ARR bridge: new, expansion, contraction, churnThree-month periods ending Oct 2026 · every month foots from opening to closing ARR
CLOSED MONTHS
4
Do customers stay, and do they grow?Net and gross revenue retention, and the cohorts underneathTrailing twelve months at each month-end · logo and revenue churn · cohorts by start quarter
CLOSED MONTHS
5
What is your gross margin after inference?Gross margin, the inference-cost bridge, and margin by customerCost of revenue includes model cost, hosting and the people who onboard and support customers
CLOSED MONTHS
6
What does a customer cost to win, and when does it pay back?Fully loaded CAC and payback by channelLast twelve months · all sales and marketing cost, not just programs
CLOSED MONTHS
7
How efficiently do you burn?Net burn, the burn multiple, and books you can trustCash basis · bank reconciled every month · budget against actual for the last six months
CLOSED MONTHS
8
Who could hurt you?Customer concentration, contract terms and signed paperARR at Oct 31, 2026 · renewal month and contract type for the ten largest customers
CLOSED MONTHS
9
What do the next 18 months look like?A driver-based forecast, downside to upsideNov 2026 to Apr 2028 · drivers on the left · no money raised is assumed
BASE
10
When should you raise, and what will the numbers say that day?The raise timeline against the cash lineStart month on the left rail · nine months of cash is the floor for starting a raise
BASE
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Model notes and the definitions behind every numberRead this before quoting any figure above