How to Drive a Startup Financing Closing Process

Name Katie Mulligan Director of Platform at Pillar VC

Congratulations on signing your term sheet. As CEO, your next step is to take the lead in driving the closing process. 

A typical closing process takes 4-8 weeks. You’ll want to move as quickly as possible – it is in your best interest to get the money in the bank, so you can get back to building. In shifting market conditions, you also want to prevent any last-minute term sheet pulls. 


Follow the below checklist to ensure you’re on the right track: