Valuation Justification

Yes—it's absolutely realistic to establish a justified pre-revenue valuation using proven early-stage methodologies. Our ~$7.5M pre-money valuation reflects objective metrics around product readiness, platform maturity, founder strength, and market opportunity, supported by industry-standard frameworks.

📌 Step 1: Valuation Factors

• ✅ Product Readiness: MinisterSpeaks is live; Alexiom Core is built and powering production.
• ✅ Validated Market Need: Faith-tech demand is growing and underserved.
• ✅ Technology Infrastructure: Enterprise-grade SaaS backend is already deployed.
• ✅ Scalability & Growth: Clear roadmap, conservative projections, multi-product model.
• ✅ Founder Strength: Proven SaaS experience, technical expertise, and domain insight.
• ⚠️ Revenue: Early traction, but pre-revenue stage.
• ⚠️ IP: Internally owned platform, moderately weighted in valuation.

📊 Step 2: Industry Valuation Methods

• Berkus Method: Assigns monetary value to 5+ key achievements.
• Scorecard Method: Benchmarks against peer-stage startups.
• Risk Factor Summation: Weighs and adjusts for execution risk.
• Market Comparables: Uses actual SaaS/AI funding data as guidance.

🚩 Step 3: Berkus Method Breakdown

• ✅ Validated Idea: $500K–$1M
• ✅ Live Product (MinisterSpeaks): $1M–$1.5M
• ✅ Founder & Leadership: $500K–$1M
• ✅ Roadmap & Strategic Vision: $500K–$1M
• ✅ Infrastructure (Alexiom Core): $1.5M–$2M
• ✅ Market Potential: $1M–$2M
• ✅ IP/Ownership: $500K–$1M

🟢 Total Estimated (Berkus): $5.75M – $10M

⚖️ Step 4: Market Comparables

Based on real-world benchmarks:

• 🟡 Pre-seed (no product): $2M–$5M
• 🟡 Pre-seed w/ prototype + validation: $5M–$12M
• 🟡 Seed stage, early revenue: $10M–$20M

With a built infrastructure, live product, and traction in a niche vertical, 323Software sits comfortably in the $5M–$12M range.

✅ Final Valuation Range

• Berkus Method: $5.75M – $10M
• Market Comparables: $5M – $12M

🎯 Recommended: ~$7.5M pre-money valuation (realistic midpoint)

🎬 Investor Takeaway

• ✅ Built infrastructure (Alexiom Core) already supports monetizable products.
• ✅ Strong founder with SaaS + AI + domain leadership experience.
• ✅ Multiple high-potential revenue streams launching this year.
• ✅ Conservative projections: ~$27.5M ARR within 3 years.
• ✅ Focused scope, low investor risk, high scalability.