All outcomes
Entrepreneur

Raise Series A

24 weeks · 0 milestones

Close a Series A funding round with a lead institutional investor — signed term sheet and closing confirmation as proof.

Milestone map

Milestone map

0 of 3 done

1

Current milestone

Build and validate your Series A narrative

3–6 weeks (narrative + feedback rounds)

A Series A narrative is not a pitch deck — it's a coherent story: the market you're entering, why now, what you've proven so far, and why your team is the one to win it. Before building the deck, write a two-page narrative memo (the kind you'd send to an investor who asks 'tell me about your company in writing'). Test the narrative with at least 3 founders who have raised Series A and 2 current investors in your space — not mentors, not advisors, people with real capital allocation decisions.

Proof required

Submit your narrative memo (final version), notes from each of the 5 feedback conversations (one paragraph each), and a changelog showing what you revised after feedback and why.

What gets checked

  • Memo includes a specific market sizing argument with a source, not just a TAM number from a research report.
  • Feedback is from people with genuine Series A context — 3 A-round founders and 2 active investors in your sector.
  • Changelog is specific: 'changed market framing from X to Y because investor 2 said X confused them with competitor Z'.

Resources

Foundation: start here · Depth: go deeper · Mastery: for the dedicated

Foundation

Depth

Build metrics package and data room

Close the round with a signed term sheet

Sign in to start this outcome and track your progress publicly.

Sign in to start this outcome →

We use analytics to improve Powstik. No ads, ever.