The round in numbers
RoundUS$275,000
Equity25.6%
Pre-moneyUS$800,000
Post-moneyUS$1,075,000
24-month spendUS$243,726
24-month revenueUS$135,410
Monthly revenue, month 24US$11,720
Peak cash usedUS$109,420
Buffer if revenue landsUS$165,580
BreakevenMonth 23
Charts
Monthly revenue vs. spend
Bars: monthly operating cost. Line: projected revenue.
SpendRevenue
Cash used vs. round size
Cumulative loss (spend − revenue). While it stays below the dashed line, the round is enough.
Cumulative cash usedRound
Where does each month go?
Monthly spend by category: the team is the main cost.
Hired teamFoundersInfrastructure and AILegal and toolsMarketing
Use of funds (24 months)
How the full round is allocated, contingency included.
Product and engineering teamUS$87,568 · 32.7%
Sales, marketing and customer successUS$100,326 · 37.4%
Founders (time dedicated to the project)US$27,321 · 10.2%
Infrastructure and AI computeUS$12,912 · 4.8%
Legal, compliance and toolsUS$15,600 · 5.8%
Contingency (10%)US$24,373 · 9.1%
How it is calculated
- Cost per person = gross monthly salary in MXN × 1.35 (payroll burden) ÷ 18.5 MXN per dollar. E.g. Full-stack developer, MXN 50,000 → US$3,649 per month.
- Founders: the 3 partners spend 6% of their time on this product = US$1,138 per month.
- Infrastructure and AI starts at US$400 per month and grows 3% a month with usage, reaching US$676 in month 24.
- Monthly spend = team + founders + infrastructure and AI + legal and tools + marketing. The 24 months add up to US$243,726.
- Round size = gross spend US$243,726 + 10% contingency US$24,373, rounded up to US$25k = US$275,000. Revenue is not netted out: if it does not arrive, the round still covers 24 months.
- Peak cash used = the highest point of cumulative loss (spend − revenue) = US$109,420, in month 22. Buffer = round − peak cash used = US$165,580.
- Equity = round ÷ (pre-money + round) = US$275,000 ÷ US$1,075,000 = 25.6%. The pre-money is anchored on real comparables (see Valuation).
- Breakeven = first month in which revenue covers spend: month 23.
Revenue estimate
Monthly revenue from US$0 in month 1 to US$11,720 in month 24 (US$140,640 annualized); US$135,410 cumulative over 24 months. Assumptions:
- Showcase case not charged; first paying businesses from month 3.
- Two new businesses per month: ~44 businesses by month 24.
- Average subscription US$250/month + setups and wine commissions (~US$30/month per elapsed month as an approximation).
Funded team
Market gross salaries for startups in Mexico; employer cost = salary × 1.35; exchange rate 18.5 MXN/USD.
| Role | Gross salary/month | Allocation | From | Cost US$/month |
|---|
| Full-stack developer | MXN 50,000 | 1 | Month 1 | US$3,649 |
| B2B account executive | MXN 40,000 | 1 | Month 3 | US$2,919 |
| Customer success / implementation | MXN 35,000 | 0.5 | Month 8 | US$1,277 |
| Founders (6% of their time) | — | — | Month 1 | US$1,138 |
Operating expenses
| Item | US$/month (month 1) |
|---|
| Infrastructure (servers, database, telephony) | US$150 |
| AI compute (LLM, voice, OCR) | US$250 |
| SaaS tools | US$150 |
| Legal, accounting and compliance | US$300 |
| Other (office, travel, insurance) | US$200 |
| Marketing | US$600 |
Infrastructure and AI compute grow 3% a month; everything else stays flat.
Valuation: why this pre-money
A single showcase case with no revenue.
| Comparable | Actual data | Source |
|---|
| Slang.ai (US) | US$36 M Series B in Feb-2026; >2,000 locations | pulse2.com; fsrmagazine.com |
See month-by-month table
| Month | Revenue | Spend | Net cash flow | Cumulative cash used |
|---|
| Month 1 | US$0 | US$6,437 | −US$6,437 | US$6,437 |
| Month 2 | US$0 | US$6,449 | −US$6,449 | US$12,886 |
| Month 3 | US$590 | US$9,380 | −US$8,790 | US$21,676 |
| Month 4 | US$1,120 | US$9,392 | −US$8,272 | US$29,948 |
| Month 5 | US$1,650 | US$9,404 | −US$7,754 | US$37,702 |
| Month 6 | US$2,180 | US$9,416 | −US$7,236 | US$44,938 |
| Month 7 | US$2,710 | US$9,428 | −US$6,718 | US$51,656 |
| Month 8 | US$3,240 | US$10,717 | −US$7,477 | US$59,133 |
| Month 9 | US$3,770 | US$10,729 | −US$6,959 | US$66,092 |
| Month 10 | US$4,300 | US$10,741 | −US$6,441 | US$72,533 |
| Month 11 | US$4,830 | US$10,753 | −US$5,923 | US$78,456 |
| Month 12 | US$5,360 | US$10,765 | −US$5,405 | US$83,861 |
| Month 13 | US$5,890 | US$10,777 | −US$4,887 | US$88,748 |
| Month 14 | US$6,420 | US$10,789 | −US$4,369 | US$93,117 |
| Month 15 | US$6,950 | US$10,801 | −US$3,851 | US$96,968 |
| Month 16 | US$7,480 | US$10,813 | −US$3,333 | US$100,301 |
| Month 17 | US$8,010 | US$10,825 | −US$2,815 | US$103,116 |
| Month 18 | US$8,540 | US$10,837 | −US$2,297 | US$105,412 |
| Month 19 | US$9,070 | US$10,849 | −US$1,779 | US$107,191 |
| Month 20 | US$9,600 | US$10,861 | −US$1,261 | US$108,452 |
| Month 21 | US$10,130 | US$10,873 | −US$743 | US$109,195 |
| Month 22 | US$10,660 | US$10,885 | −US$225 | US$109,420 |
| Month 23 | US$11,190 | US$10,897 | US$293 | US$109,127 |
| Month 24 | US$11,720 | US$10,909 | US$811 | US$108,316 |
A projection, not a result: the figures depend on the stated assumptions and are not a public offering of securities.
