A complete Series B financial model for CleanTech startups. Revenue model, unit economics, hiring plan, cash flow projections, and funding scenarios — structured for investor review.
Projection Horizon
5 years with AOP detail for current year (monthly)
Model Tabs
8 core tabs
Format
Excel + Google Sheets
Path to profitability, market leadership, and capital efficiency. Series B investors are modeling the exit multiple — they want to see EBITDA timing and revenue quality.
Cleantech models need a separate project pipeline tab with each project showing MW, development cost, expected commissioning date, and IRR. Aggregate project economics feed the P&L. Investors assess the portfolio IRR, not just company-level revenue.
Project finance model for physical assets with energy production, PPA pricing, and capacity factor assumptions. Build a project pipeline tab tracking projects from development through commissioning.
Series B models require a formal AOP (Annual Operating Plan) for the current year with monthly actuals-vs-plan tracking. Investors will ask for monthly actuals in the data room and will model variance trends.
Include a capital allocation memo that justifies the Series B use of proceeds. Show how each dollar maps to specific growth levers and the expected return on that investment.
A Series B CleanTech financial model should cover 5 years with AOP detail for current year (monthly) of projections with these tabs: Board-Level P&L Summary, Revenue Model by Segment, Sales Capacity Model, Headcount by Function, Departmental Budget vs. Actual, Balance Sheet Forecast, Cash Flow Statement, Capital Allocation Plan. Path to profitability, market leadership, and capital efficiency. Series B investors are modeling the exit multiple — they want to see EBITDA timing and revenue quality.
Project finance model for physical assets with energy production, PPA pricing, and capacity factor assumptions. Build a project pipeline tab tracking projects from development through commissioning. The key revenue drivers are: Energy generation volume (MWh) x PPA price or market rate; Renewable Energy Certificate (REC) sales; Capacity payments and ancillary services; Carbon credit and offset revenue.
CleanTech unit economics at the Series B stage should include: Levelized Cost of Energy (LCOE) per MWh; Internal Rate of Return (IRR) per project; Payback period on project capital investment; Debt service coverage ratio (DSCR) for project finance. Cleantech models need a separate project pipeline tab with each project showing MW, development cost, expected commissioning date, and IRR. Aggregate project economics feed the P&L. Investors assess the portfolio IRR, not just company-level revenue.
Series B models require a formal AOP (Annual Operating Plan) for the current year with monthly actuals-vs-plan tracking. Investors will ask for monthly actuals in the data room and will model variance trends. Start with the smallest unit of your business (one customer, one transaction, one seat) and build up from there. Every assumption should have a source or benchmark you can defend in an investor meeting.
Include a capital allocation memo that justifies the Series B use of proceeds. Show how each dollar maps to specific growth levers and the expected return on that investment.
Get the CleanTech Series B financial model as a pre-built Excel and Google Sheets template. Assumptions dashboard, revenue model, unit economics, and cash flow — ready to customize.
Includes Excel file, Google Sheets version, and model documentation guide