05. Financials

Capital efficiency through founder bootstrapping and strategic growth

Capital Efficiency

The founding team is bootstrapping GradRoots as far as possible before raising institutional capital. This demonstrates our commitment to capital efficiency and our belief in the product's ability to generate revenue quickly.

Rather than focusing on runway, we are focused on building a sustainable business that can scale profitably with the right investment.

2026 Growth Plan

Revenue Target

$150K MRR

50 customers × $3K ARPU

Customer Acquisition

50 new customers onboarded in 2026

Targeting California Community Colleges and similar institutions with proven demand

Current State

Operating Expenses~$7K/month
Revenue~$2.6K/month
Founders UnpaidBootstrapping

With Investment

Target MRR$150K/month
New Customers50 institutions
Team Expansion9 → 17 people

Team Compensation & Hiring Plan

Founder Compensation (Post-Investment)

Andrew$100K/year
Gui$100K/year
Scott$50K/year
Ashley$50K/year

Total founder compensation: $300K/year

Current Engineering Team (Raises)

Each current engineer receives +$1,000/month raise

Andrey+$1K/month
Lucca+$1K/month
Mauricio+$1K/month

Additional cost: $3K/month ($36K/year)

New Engineering Hires

Hire 5 additional engineers at $2,500/month each

Monthly Cost

$12.5K

5 engineers × $2,500/month

Annual cost: $150K/year

Total Team Expansion Cost

~$486K/year

Founder comp ($300K) + Engineer raises ($36K) + New hires ($150K)

Runway Model: $1M Investment

Investment Allocation

$1,000,000

Extends runway while scaling to profitability

Month 1-3

Monthly Burn

~$50K

Team ramp-up + hiring

Revenue

$10K MRR

Current customers

Net Burn

-$40K/month

Month 4-8

Monthly Burn

~$50K

Full team operational

Revenue

$60K MRR

20 customers onboarded

Net Burn

-$10K/month

Month 9-12

Monthly Burn

~$50K

Stable operations

Revenue

$150K MRR

50 customers (target hit)

Net Burn

+$100K/month

Cash Balance Over Time

$1.0M$800K$600K$400K$200K$0
Breakeven (Month 8-9)
Month 0Month 3Month 6Month 9Month 12

Lowest Cash Point

$600K

Month 8-9

Cash Preserved

60%

At breakeven

Month 12 Cash

$900K+

Growing rapidly

Cash Flow Breakeven Timeline

Breakeven Month

Month 8-9

~35-40 customers at $3K ARPU

Cash Remaining at Breakeven

~$600K

60% of investment preserved

Total Cash Consumed to Breakeven

~$400K over 8-9 months (Month 1-3: $120K, Month 4-8: $280K)

Post-Breakeven Trajectory

After hitting 50 customers and $150K MRR, company generates $100K+/month positive cash flow with $600K+ still in the bank

Safety Margin

Even if customer acquisition takes 50% longer than projected, the $1M investment provides 18+ months of runway before needing additional capital

Key Insight

This is not a "burn and pray" model. We reach cash flow positive in 8-9 months while retaining 60% of invested capital as a safety buffer for continued growth and product development.

Detailed Financial Model

Download our complete financial model showing historical performance, assumptions, and detailed projections:

What's Included:

  • • Monthly Summary (Jul 2025 - Jan 2026)
  • • Transaction Detail
  • • Key Assumptions (exchange rates, staffing costs, revenue projections)
  • • Forward-looking projections

Investment Thesis

Capital efficiency is our competitive advantage. The founding team has built a working product, secured paying customers, and validated the market—all while bootstrapping.

Revenue Model & ARPU

We are targeting a $3,000/month ARPU per institution. With 50 customers, this translates to:

Base Case Revenue

$150K MRR

50 customers × $3K/month

This is the conservative baseline. Additional revenue streams create significant upside:

Token Arbitrage

AI-powered workflows create margin on token usage as we optimize model selection and prompt efficiency

Agentic Labor Model

Customers pay for autonomous agent work (outreach campaigns, donor research, data enrichment) at rates far below human labor costs

SaaS Agreements

Many institutions are signing annual contracts at $15K/year ($1,250/month), with larger institutions paying $3K-5K/month for premium tiers

Realistic Revenue Range

Conservative

$150K MRR

Base SaaS only

With Upside

$200K+ MRR

Including token arbitrage + agentic labor

With investment, we will scale customer acquisition to 50 institutions, build a world-class engineering team to accelerate product development, and unlock these additional revenue streams.

We are not asking for capital to figure out product-market fit. We are asking for capital to scale what already works.