Astralan: an FP&A rebuild that bought a calm Series C
A Series B SaaS company came to us under pressure from a misaligned financial model and runaway burn. Mingrui delivered a full FP&A rebuild and fundraising readiness, supporting a ¥150M Series C.
Series C closed at roughly 2× the prior valuation (demo data)
Financial model detached from the business; burn rate out of control
FP&A system rebuild and fundraising readiness
Background
Astralan (fictional) is a Series B SaaS company serving mid-to-large retail clients. Revenue was growing, but leadership had less and less grip on where cash was going: budgets were siloed by department, forecast definitions changed every quarter, and burn-rate discussions stayed at the level of feelings.
What we did
- Rebuilt a driver-based model linking all three statements, so revenue, margin and cash burn shared one set of business drivers
- Moved departmental budgets onto a single rolling-forecast process, updated monthly and calibrated quarterly
- Prepared scenario-based funding requirements and a diligence-ready data room
Result
Six months later the company entered fundraising with clear unit economics and closed a ¥150M Series C (demo data). More importantly, leadership could finally weigh growth against cash on the same page.
"The model stopped being a finance document and became the decision tool leadership uses every week." — CFO, Astralan (fictional)
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