A 25 to 35 page institutional review that scores your deck, model, and data room across the same 12 pass-fail gates committees apply, so you stop burning your best meetings on an unready file.
For founders and real estate sponsors with a deck, model, and data room in hand.
ⓘ $5,000 one-time fee | 10 business day delivery | Fee credits toward the Foundation Build
Institutional committees do not "hear you out." They run a fast, silent filter.
→ One failed gate and the process ends before the rest of the deal is seen.
→ You rarely hear the real reason. You just get "not a fit" and silence.
→ By the time you realize it, you have spent your best meetings and months of runway.
→ The cheapest time to find the flaw is before you send the first deck.
We run your current materials through the same 12 pass-fail gates institutional committees apply in practice. Fail one and the conversation ends before the next gate opens. Phase I runs every gate before you walk into the room.
Does it survive a read without you in the room to explain it?
Does it only work if nothing goes wrong?
Dead equity, misaligned incentives, structural risk.
Is your why now specific to a change you can name?
Evidenced traction versus attested traction. Two different things.
Do you have the specific people the plan requires?
Spending tied to milestones, or eighteen months of runway with no map?
Incomplete, stale, or inconsistent across documents.
Deviations from institutional standard must be defensible.
An unsegmented outreach plan spends your best meetings on the wrong audience.
Where does conviction break down in the room you are not in?
The right file shown to the wrong reader is still a no.
Output: one Institutional Readiness Score out of 100 and a Ready / Trap Zone / Rebuild verdict keyed to your next process.
Section-by-section institutional read across all 12 gates.
One number out of 100 and a clear Ready / Not Yet call for your next process.
Critical, high, and moderate exposures mapped to specific findings.
Each gap quantified in delay and opportunity cost.
What to fix first, second, and third, with effort levels and dependencies.
Which audiences fit your deal, which to avoid, and why.
The questions your current materials will trigger before a check is written.
A working session to translate the audit into a concrete plan. Not a sales call.
Structured remediation required before any outreach.
Sample only. Your audit is built entirely from your actual materials.
✓ Founders and sponsors heading into an institutional process
✓ Operators with at least a deck and model in hand
✓ Teams who want institutional-standard materials before they spend their best introductions
✗ Early ideas with no operating business behind them yet
✗ Anyone looking for a cheap deck template or pitch coaching session
✗ Teams with no materials to review
It is a 25 to 35 page institutional-grade review that evaluates your opportunity across 12 categories using the same frameworks applied by a senior advisory team with careers spanning institutional markets, sponsor finance, and structured equity. You receive a scored assessment, a risk heat map, a priority action plan, and a 30-minute debrief call.
Founders and real estate sponsors who have a pitch deck and a financial model and want to know exactly how an institutional committee will evaluate their opportunity before walking into the room.
10 business days from the date you submit your materials.
At minimum, your pitch deck and a financial model. The more you provide the deeper the evaluation. Cap table, data room, teaser, executive summary, financial projections, business plan, and any supporting documentation will all strengthen the audit. There is no such thing as too much.
It is a focused working session on your highest-impact next steps. It is not a sales call. We walk through the audit findings and make sure you understand exactly what to do first.
Full terms are set out in the engagement letter. This is a professional review built on your specific materials, not a digital product.
That is the point. A low score before you go to market is far better than a low score you never see while committees pass in silence. The audit tells you exactly what to fix, in what order, and why each gap matters.
A senior advisory team with careers spanning institutional markets, sponsor finance, and structured equity. Not junior analysts. Not AI-generated templates. Professionals who have sat across the table from institutional committees and know exactly what makes them lean in or walk away.
Especially if you have. Teams who have closed a prior process are often the most exposed because they assume their materials still work. Markets shift. Committee expectations change over time. The deck that worked last time may not work now. Phase I identifies the specific gaps between where your materials are today and where they need to be for the process you are running now.
That is what almost every founder believes before they see the audit. A strong deck is one of 12 categories. If your financial model, cap table, deal terms, outreach targeting, or data room are not equally strong, committees will pass regardless of how polished your slides look. Phase I evaluates the full picture, not just the piece you feel best about.
Because you are seeing your deal from the inside. Committees see it from the outside. Those are two fundamentally different perspectives. Phase I is built to show you your deal through the lens of the people who decide whether to move forward.
The same structural filters apply across deal sizes. Committees check the same boxes and look for the same red flags. Phase I is built for institutional-scale deals, which is where those filters bite hardest.
That is exactly when this has the most value. The worst time to discover you are not ready is after you have already started taking meetings. Every institutional conversation you take with broken materials costs you credibility you cannot get back. Phase I gives you a definitive answer on whether you are ready and a specific roadmap for what to fix if you are not.
Yes. Phase I tells you exactly what is broken. The Foundation Build fixes it. It is a 30-day engagement where our team works directly with you to rebuild your pitch deck, stress-test your financial model, build out your data room, restructure your deal terms, and position your opportunity for the right audience. Your Phase I fee applies as a credit toward the Foundation Build.
Invoiced at acceptance. 10 business day delivery from complete materials. 100% of the fee is credited toward our Foundation Build if both parties decide to proceed.
Engagement terms. Each Phase I report is a one-off institutional review built on your specific financials, structure, and data room. Full terms are set out in the engagement letter. The report cannot be resold or reused, which protects the integrity of the work and the confidentiality of your process.
Apply and book a 30-minute fit call
If it is a fit, we formalize and share the materials checklist
You submit your deck, model, cap table, and data room
We run the 12-gate process and deliver your audit and debrief in 10 business days
A score of 85 or higher means the file is ready for an institutional process. Below that, specific gates are closing the door. The report names which ones.