GLEMO - Path to Series A (Web2)
For: Venture Capital - Confidential
The Idea
Enter now in a disciplined seed. Use the next 24 months to prove a capital-efficient operating model. The Series A is the planned next round, pursued with visible proof points.
Step 1 - Seed Entry
USD 1M round. Post-money SAFE. USD 6M valuation cap. 20% discount. Final legal execution remains subject to counsel.
Step 2 - Proven Model
Month-7 breakeven in the MCMV base case. Approximately USD 10.53M cumulative revenue and USD 4.34M EBITDA over 24 months. Annualized run-rate of ~USD 10.70M at M24 exit. AI Agent, GMV, contract, cost-per-sale, and cash-receipt evidence is disclosed progressively as diligence advances.
Step 3 - Series A
| Item | Position |
|---|---|
| Potential size | Up to USD 10M |
| Timing | Month 15-18, subject to readiness |
| Future valuation | Not promised; depends on metrics and market |
| Gates | Cash revenue, transaction margin, repeatability, liquidity, and evidence |
The Series A is presented as the planned next step, conditional on proof - not a guaranteed markup. The base case is designed so the operation self-funds through reinvested commissions.