A deck gets opened once, in a meeting you are in. A one pager gets forwarded to people you will never meet. Drop the deck in and get the page that travels without you.
Raising $4.5M · Scheduling for field service teams · Prepared for the partner meeting
The thesis
Field service firms lose a day a week to scheduling by hand, and every tool built for them assumes an office nobody works in.
Cadence puts the schedule on the van. Nine paying customers, $980k of committed recurring revenue, and payback inside fourteen months on every account signed this year.
The Problem, and Who Has It
A forty engineer field service firm runs its week on a whiteboard and a group chat. Every reschedule is a phone call, and a third of them land after the engineer has already driven.
Sixty one thousand firms in the UK and US run between 20 and 200 engineers. They are too small for the enterprise suites and long past a shared calendar.
Traction
Committed recurring revenue
$980k
+$660k
vs $320k a year ago
Paying customers
9
+6
vs 3 a year ago
Net revenue retention
127%
+14 pts
vs 113% a year ago
Payback
14 mo
-9 mo
vs 23 months a year ago
Committed Revenue by Quarter
What the $4.5M Buys
Engineering
$2,070K
Sales
$1,400K
Support
$630K
Buffer
$400K
The Ask
Raising$4.5M
Pre-money$18M
StructurePriced seed, one lead
Already committed$1.8M from two existing holders
What it buys26 months of runway to $5M committed revenue
The lead we wantA partner who has sold into field service before
Seed Round — Cadence Labs. A finished page, made the way yours will be. Anything up to 50 pages counts as one document.
What it pulls out of a pitch deck
Read out of the file you upload. Nothing is assumed and nothing is filled in.
The problem, and who actually has it
Traction, in the numbers already in your deck
The market, without the appendix
How much you are raising and what it buys
More finished pages from finance & risk
Every one made the same way, with nothing touched up for the website.
Questions about pitch decks
The two things people ask before they hand over a document.
Does it read PowerPoint files?
Yes. Slides are read in presentation order, and the figures inside your charts come out too rather than just the labels.
Can I change the page after it is made?
Every word, number and colour. Your own edits never cost anything.
