How Model Health closed its first pre seed round with pragmatic support

The beginning

We first met Antoine and Nicolas at Imec.istart during their very first pitch. Dups was there as a partner and part of the jury for the accelerator. From the start we were impressed by the team and their vision.

They had a pre seed round coming. We knew this was a critical moment for them and decided to be as pragmatic as possible. There was no need for a full lengthy legal process that would cost them a lot of money. The little money they had was meant to grow the business not to pay advisory fees.

The sparring partner approach

We became their sparring partner as described in our mission framework. Dups acts as a strategic advisor available at any time for all questions whether strategic financial legal or human related to the fundraising. We help structure and clarify the process prepare founders for investor interactions optimise documentation and provide expert support on valuation modelling due diligence and legal structuring. Our goal is to maximise the chance of success and make sure the deal happens under the best possible conditions.

For Model Health this meant direct access to our most senior team members and all the experience they needed delivered through a handful of emails and phone calls. Every step was focused on clarity and speed. The goal was simple. Turn this first fundraising into a success without draining their resources on legal fees.

The result

Model Health closed its pre seed round successfully and kept its budget focused on building the business. They received top tier advice at a cost they could afford.

What it means for founders

This is also why we created dups. Helping early stage companies make it with advice that matches the quality of the best lawyers and investment banks but delivered in a way that founders can access from day one. They deserve the best even at the very beginning.