Startup valuation · Financial modeling · M&A advisory
Startup valuation and financial modeling that hold up under investor scrutiny
Driver-based financial models and defensible valuation frameworks for tech founders preparing for fundraising, M&A, and board conversations.
Founder-led advisory
Lior leads every engagement personally, with a focus on valuation, financial modeling, and transaction support for technology companies.
Core services
Two services. One coherent financial story.
Financial modeling and startup valuation built to work together — so the numbers, assumptions, and investor narrative reinforce each other instead of pulling in different directions.
Startup valuation
Transaction-grade valuation work anchored in real market comps, explicit assumptions, and scenario logic that can hold up in fundraising, M&A, and board-level discussions.
- Fundraising and pre-money valuation support
- Valuation ranges tied to real sector benchmarks
- M&A positioning and buyer-side conversations
- Scenario-backed outputs investors can challenge
Financial modeling
Driver-based financial models built around how the business actually grows, with revenue logic, hiring pace, GTM motion, and capital needs translated into an investor-ready structure.
- Fundraising-ready model and investor outputs
- Scenario planning tied to operational drivers
- Clean structure that stays usable after the raise
- Assumptions investors can interrogate directly
Selected client feedback
Used in fundraising, valuation, and investor work
Finro supports technology companies and investors with financial models, valuation work, and investor-facing analysis built around how the business actually operates.
"We engaged Finro for independent financial due diligence and valuation ahead of our seed round. Lior quickly grasped our complex model and delivered an investor-ready package within weeks. His structured thinking and depth in venture finance made the entire process seamless."
Capt. Michael Sperling
Co-Founder & CEO · Spaceling
Valuation & due diligence · Seed round
"Finro's financial modeling became a central part of our investor materials, translating our vision into a clear financial outlook. The level of precision, responsiveness, and strategic thinking consistently exceeded expectations."
Will Simon
Founder & CEO · Jet Mobility
Financial modeling · Fundraising preparation
How it works
A simple process. Clear outputs.
No consulting theater.
Every engagement is built around the actual investor or transaction context, with a clear scope, explicit assumptions, and outputs that hold up in real discussions.
Strategy call
We map your stage, objective, timeline, and what the next party — investor, board, or buyer — is most likely to scrutinize.
Build the logic
We build the financial model or valuation framework around how the business actually operates, with explicit assumptions, defensible drivers, and scenario logic.
Make it investor-ready
We pressure-test the work so you can explain the drivers, risks, and logic clearly in fundraising, diligence, and board-level conversations.
Research & insights
Valuation intelligence built from real market data
Sector-specific benchmarks, valuation frameworks, and market commentary — the same data and thinking used in live Finro engagements.
AI valuation multiples Q1 2026: investors reprice quality
How investors are separating infrastructure, applied AI, and hype-driven categories — and what it means for valuation ranges in live fundraising conversations today.
Read the research Fintech datasetFintech valuation multiples dataset
A working Excel dataset covering fintech public comps, private valuations, and M&A transactions across multiple niches and funding stages.
Explore the dataset Financial modelingAI can build your financial model. It can't make it investor-ready.
What investors actually scrutinize in a model — and why spreadsheet output alone is not enough without defensible assumptions and clear business logic.
Read the articleNext step
Ready to make your numbers hold up?
Share your stage and objective and we'll tell you what approach fits, what the process looks like, and what would be needed to deliver work that holds up under investor scrutiny.
Typical first step: a 15–20 minute strategy call. No obligation.
What to expect
Lior Ronen Every call is with Lior directly — no junior staff, no intake form first.