Know exactly when every company needs more capital
Founders share runway data inconsistently, and GPs discover cash crises too late. By the time you learn a company has three months of runway left, the options are limited and expensive. You need a system that surfaces problems while there's still time to act.
Start your free trialThe worst email a GP can receive starts with "We have about 3 months of runway left." By that point, the company is negotiating from weakness. The bridge round will be on terrible terms, the down round will crater your MOIC, and the distraction will cost the founder months of execution time.
This happens more often than anyone admits. Founders are optimists — they believe the next big deal will close, the next fundraise will come together, the next quarter will be the inflection. They don't proactively share bad news because they're hoping it will fix itself. And GPs don't ask often enough because chasing founders for cash balance updates feels awkward and adversarial.
The result is a portfolio with hidden time bombs. Companies burning $200K/month with $600K in the bank, and the GP doesn't know until it's almost too late. A simple system that tracks burn rate and runway continuously would have surfaced the problem six months earlier, when there were real options on the table.
See gross and net burn for every portfolio company, updated as founders submit data. Track how burn evolves over time — is the company getting more efficient or spending faster? Spot trends before they become emergencies.
Archstone calculates runway in months based on current cash balance and trailing burn rate. Projections update automatically and account for seasonal patterns and burn trajectory — not just a static cash-divided-by-burn calculation.
Set custom alerts when runway drops below your threshold — 9 months for early warning, 6 months for urgent action. Get notified via email or in-app when any company crosses the line. Never be blindsided by a cash crisis again.
Visualize cash balance over time for every company in the portfolio. See when capital injections hit, how quickly they burn through rounds, and whether the trajectory is improving post-fundraise or returning to pre-raise burn patterns.
Model what happens if burn increases 20%, or if the company cuts costs by 30%. See how different scenarios affect runway and when they'd need to raise. Essential for bridge round discussions and board-level planning conversations.
When runway drops below your threshold, Archstone can automatically send a gentle check-in to the founder. Not an alarm — a supportive nudge that opens the conversation about fundraising timing, burn reduction, or bridge financing options.
Catch declining runway at 9 months instead of 3. Start the fundraising conversation early, help founders cut burn proactively, or prepare bridge terms while the company still has leverage. Early action saves millions in dilution.
Sort companies by runway and burn efficiency in one click. Focus your weekly partner meeting on the companies that need attention now, not the ones coasting comfortably. Data-driven prioritization beats gut-feel portfolio reviews.
Use runway data to time your follow-on investments strategically. When a strong company has 8 months of runway and accelerating growth, that's the signal to lead the next round from a position of data-driven conviction.
Burn rate data comes directly from founders via automated metric collection forms. Founders report their monthly net burn and cash balance, and Archstone calculates implied runway. For companies that connect accounting integrations, data can flow in automatically. The accuracy depends on founder reporting — but Archstone makes it easy for them to report consistently, which dramatically improves data quality compared to ad-hoc email collection.
Yes. The default alert threshold is 6 months of runway, but you can set custom thresholds per company or globally. Many GPs set tiered alerts: a yellow flag at 9 months, an orange flag at 6 months, and a red flag at 3 months. You can also set alerts based on burn rate changes — for example, notify me if any company's burn increases more than 25% quarter-over-quarter.
Archstone primarily collects data through founder-submitted forms, which works reliably across any company regardless of their accounting stack. We're building direct integrations with QuickBooks and Xero for automated cash balance pulls. In the meantime, CSV import supports bulk updates from any source.
Select any portfolio company and adjust their burn rate up or down by a percentage or fixed amount. Archstone instantly recalculates projected runway. You can model scenarios like 'what if burn increases 20% due to new hires' or 'what if they cut burn by 30%' and see exactly when they'd need to raise. Save scenarios for board discussions or IC reviews.
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