Pitch Deck Teardown: Fast 💳
The payment-processing startup is eyeing a round at a $1B valuation. In March 2020, they already raised $20M with this deck.
Identity-management and payment-processing startup Fast is moving, well fast… 🚀
After raising $2.5M in November 2019 from Index Ventures, Kleiner Perkins, Susa Ventures and Global Founders Capital // USA, the company raised $20M in late March 2020 from the same pool of investors.
Significantly, the round was led by none other than Stripe, another venture investment by the largest private unicorn out there.
Fast has made the news recently, saying they were targeting to close a $1B-valuation round (six months after the last round!).
We’ll see soon enough whether the team can pull this off. In the meantime, let’s tear down the deck that helped them raise $20M. In the Business Insider article where I found the deck, the CEO of the company is quoted saying:
You should be structuring a pitch deck in a way that you actually know what question they’re going to ask you because it’s missing a bit of information that you expect that they will want.
Let’s see if, and how, they achieved this!
