How Powdr Secured around GBP1 million in Pre-pre-seed Funding by Leveraging Its Own Cutting-Edge Software

In just 2 months, Powdr has successfully closed pre-pre-seed round of nearly GBP1 million, with backing from Haatch and a group of private investors. What sets this achievement apart isn't just the sum raised but the innovative way Powdr used its own proprietary software to drive the success of its funding round.

Using Our Own Tech to Tell Our Story

At Powdr, we believe in the power of our software to revolutionize financial modelling and strategy. During this funding round, we proved it. Instead of relying on traditional pitch decks or scattered documentation, we utilized our own platform to present a compelling, precise, and transparent case for investment along with notion notes.

Our software enabled us to visually and interactively bring our story to life. Investors didn't just see numbers; they saw our strategy, the exact funding required to achieve our goals, and a clear projection of outcomes. The platform helped us stand apart in several key ways:

1. Clear Strategy with No Guesswork: Investors could see that we weren't arbitrarily asking for GBP1 million or making vague promises. We demonstrated exactly what GBP850,000 would do for our business and why that amount was both necessary and sufficient to reach the next phase of growth.
2. Why Powdr Will Succeed Where Others Have Failed: Through using our software in the process itself, we could show just why it is special and different from other tools out there. Our software didn't just showcase our own strategy and numbers, but it made it clear why Powdr is uniquely positioned to solve pain points for businesses, particularly SMEs, through financial transactions.
3. Transparency in the Ask: With a model that investors themselves could stress test, we could allow potential investors to easily assess the risk from their own perspective, pulling the different levers and putting in expectations they were comfortable with. This allowed them to build confidence in us and the product but also saved us time when it came to questions often asked as part of investment rounds regarding "what if" scenarios.

This approach turned what is often a fragmented pitch process into an engaging, data-backed narrative that resonated with investors.

What the Funding Will Enable

With the pre-pre-seed funding secured, Powdr is gearing up to fast-track development. A key focus will be expanding the AI capabilities of our platform to make it even easier for businesses to create sophisticated, professional-grade models. We're also enhancing enterprise-specific features, ensuring that our solutions meet the demands of large-scale organizations.

Our journey has already begun with the next phase of Powdr's development. In December, we welcomed a new full-stack engineer to the team, and in early January, interim support was brought on board to accelerate development further. We plan to welcome automated testers and more developers to the team in the near future along with support for our sales funnel.

A Vision for the Future

This funding round is a validation of Powdr's mission to make professional grade financial models available to all by significantly reducing the price tag and making it user friendly so any senior business leader or finance lead can use it. By leveraging our own software to secure this funding, we've proven not only the value of our technology but just how well it supports investment conversations. A clearly laid out and simple to understand model that showcases your strategy and vision can absolutely be the difference between securing investment and not. There is plenty of unused capital about (aka dry Powder... get it?), we are here to make sure where people have great business' but need support, they don't fail because of a poor financial model.

We're excited to enter this next chapter with the backing of Haatch and our private investors, and we look forward to delivering on our promise: transforming the way businesses plan, strategize, and succeed.

Conclusion

Powdr's pre-pre-seed round is more than just a milestone-it proves that the problem we are out to solve is real, and by solving it we really can help unlock dry capital and support SMEs across the UK and beyond! By using our own platform to guide our funding efforts, we've set a new standard for how startups can raise capital and set the bar for what achievable good financial forecasting can look like if you use the right tool.

As we embark on this journey, we're energized by the possibilities ahead and the impact our software will have on businesses everywhere. Stay tuned-this is just the beginning.

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Powdr Secures Nearly GBP1 Million in Pre-pre-seed Funding by Harnessing Its Own Innovative Software

INTRO: Powdr challenged the norm with their oversubscribed fundraising round, using just their own software itself along with notion notes to showcase Powdr.

In just two months, Powdr has successfully closed a pre-pre-seed funding round, raising close to GBP1 million with support from Haatch and a group of private investors. What sets this achievement apart isn't merely the amount raised but the unconventional and innovative approach that made it possible: Powdr leveraged its own proprietary software to drive the success of the round.

Leveraging Our Own Technology to Make an Impact

At Powdr, we're committed to showcasing the transformative potential of our financial modelling and strategic planning software-and this funding round proved its capabilities in a big way. Rather than relying on conventional pitch materials, we used our own platform to deliver a clear, precise, and interactive investment case, supported by detailed Notion notes.

Our platform enabled us to tell our story in a way that wasn't just about numbers but about the broader vision, strategy, and impact of our work. This approach resonated with investors in three key ways:

1. A Precise and Well-Defined Strategy: Instead of making vague funding requests, we used our software to demonstrate exactly how GBP850,000 would enable us to achieve our next growth milestones. Every pound was accounted for, leaving no room for guesswork.
2. Showcasing the Value of Powdr's Software: By using our product in the investment process, we not only highlighted its unique features but also proved its effectiveness. Our platform's ability to offer clarity and confidence in financial projections differentiated Powdr as both a product and a company.
3. Building Investor Confidence Through Transparency: Our software allowed investors to explore different scenarios and adjust variables based on their own preferences, making it easier to assess risk and build trust. This transparency saved time and simplified complex conversations often required during funding discussions.

By combining data-driven insights with an engaging narrative, we turned what is often a fragmented and opaque process into one that was clear, concise, and compelling.

How the Funding Will Propel Powdr Forward

With this funding secured, Powdr is poised to accelerate its development trajectory. Key areas of focus include expanding the AI capabilities of our platform to simplify the creation of professional-grade financial models and enhancing features tailored for larger enterprises.

Our growth journey is already underway. In December, we onboarded a new full-stack engineer, and in early January, we brought in interim development support to maintain momentum. Looking ahead, we plan to expand our team further, including automated testers and additional developers, while strengthening our sales funnel to scale our reach.

A Mission to Transform Financial Planning

This milestone reaffirms Powdr's mission: making high-quality financial modeling accessible, affordable, and easy to use for business leaders and finance teams alike. By using our own software to secure this funding, we've demonstrated its ability to streamline investment discussions and unlock opportunities for businesses that might otherwise struggle to secure capital.

There's a wealth of untapped funding out there and we aim to help businesses access it by providing them with the right tools. By empowering companies with better financial models, we can help ensure that promising ventures don't fail due to poor financial planning.

Looking Ahead

As we embark on this exciting new chapter with the backing of Haatch and our investors, we're energized by the opportunities ahead. Our success in this funding round is a testament to the real-world impact our software can have, not just for us but for businesses everywhere.

This is just the beginning. With the right tools, better strategies, and a commitment to innovation, we're transforming how companies plan, strategize, and grow-and we can't wait to see what's next. Stay tuned for what's to come!