Traction
Founding date
The venture started operations.Incorporate the venture
The venture is a legal registered entity.First created a pitch deck
There is a pitch deck explaining the venture.First created a prototype
There is a prototype of the product or service.Secured external funding
The venture has secured funding from a third party.First piloted the product or service
There are prospective clients using the product or service.Secured first paying customer
The first paying customer is secured.First reached break-even
The venture has reached a financial break-even.First generated a profit
The venture generates a profit.First audited annual accounts
There are audited annual accounts.Added the management team
There is a management team in place.Added an advisory board
There is an advisory board in place.Added a board of directors
There is a board of directors in place.