Problem Statement: The parent company of a hardware startup is seeking to divest due to an imminent IPO. The hardware startup is pre-revenue, but seeks to establish a baseline valuation and reasonable revenue model while seeking investment. 

• How We Helped:

  • Using a revenue model previously developed by the client, Crescendo update the revenue model, cost model, and build a set of 5 year pro forma financial statements to guide the client in negotiations with potential investors.