AI for startup founders
The pitch deck, the financial model, the cap table and the monthly investor update all come from the files your company already runs on. Ultramarine Work builds the finished versions. You defend the numbers and make the calls.
Board-deck-April.pptxExampleAsk it for
“Size the US dental practice software market bottom-up from 135,000 practices at our $7,400 ACV, then reconcile it with the analyst report’s top-down number.”
Market-sizing-bottom-up.xlsx“Add the $3.2M SAFE round at a $22M post-money cap and show founder ownership after a 12% pool refresh, with the waterfall at a $60M and a $150M exit.”
Cap-table-pro-forma.xlsx“Compare the two term sheets clause by clause on participating preferred, anti-dilution, board seats, pro rata and the redemption rights.”
Term-sheet-comparison.xlsx“Build the 13-week cash forecast from the QBO export and payroll calendar, and flag every week cash dips below $2M.”
13-week-cash-forecast.xlsx“Draft the March investor update from the metrics workbook, opening with cash and runway, the two KPI misses against plan and the asks for two customer intros.”
Investor-update-March.docx“Assemble the April board deck with cash, burn and runway first, then the ARR bridge, NRR and burn multiple, and commentary on the two misses.”
Board-deck-April.pptx
How it works
- 1
Start with the company folder
The pitch deck from the last round, the accounting export, the metrics workbook, every SAFE agreement, the org chart, offer letters and the KPI sheet, however your company happens to keep them.
- 2
Ask for the piece of work
It reads the folder and builds the finished file, a workbook with live formulas, a document or a deck, and cites the source file for every number. Anything it could not find or reconcile comes back as a note instead of a guess.
- 3
Defend it in the room
Review every file it touched, walk the ARR bridge against the accounting export, and change any assumption you disagree with. The decisions stay yours.
Inside the Startup Founder mode
Long-range plan and capital raise
Builds the three-to-five-year model behind the raise, with linked statements that balance, dated assumptions and the downside case the board will ask for.
Cap table and term sheets
Models the round before you sign. Pro formas convert every SAFE and note, cost the pool refresh and build the waterfalls your lawyer’s spreadsheet has to match.
Cash forecasting
The 13-week forecast and the 12-month plan stay current, with payroll runs and tax payments in the weeks they fall due. It flags the week the balance gets thin.
Close variance and forecasting
When actuals miss the plan, it explains line by line why, then rolls the budget and forecast forward into the pack the board reads.
Operating metrics and reviews
The KPI sheet comes with the ARR bridge, NRR, burn multiple and CAC payback, alongside the cohort retention curves investors will rebuild from raw data.
Market sizing and evidence synthesis
Sizes the market from accounts you can count at prices you charge, and every input names its source, because the number has to survive the follow-up question.
Headcount and workforce plan
Costs every planned hire by role and start date, fully loaded with employer taxes and benefits, and shows what the plan does to runway.
Hiring and selection
Keeps hiring lawful through structured scorecards, salary ranges that satisfy pay transparency laws and interview questions that don’t invite a lawsuit.
Performance and talent reviews
Drafts reviews that hold up as records, grounded in observed behavior, with ratings that match history and no references to protected traits or leaves.
Executive and equity compensation
Before you promise anyone equity, it checks the grant against the latest 409A strike price, the ISO limits and the dilution the grant adds.
Small business HR setup
Lists the registrations a first hire triggers, from EIN to workers’ comp, and repeats them state by state as remote hires land in new states.
Worker classification and FLSA exemption
Puts the contractor question in writing, covering exempt or non-exempt status, the ABC test and what back pay exposure looks like if an agency disagrees.
HR compliance and records
Audits the I-9s, filings, postings and required training you’ve been meaning to organize, and tracks what has to be kept and for how long.
- Office skills
- Excel, Word, PowerPoint, PDF
- Tools
- Read, edit and write files, Search files, Run code, Search and read the web, View images
- Connectors
- SharePoint, Google Drive, Gmail, and additional custom connectors
- House style
- Your fonts, layouts and rules, on every file
Who it’s for
Founders and CEOs of venture-backed startups who raise capital, run the board and build the team while doing much of the company's work themselves.
Questions
Will investors reject a deck if AI helped build it?
They reject the deck AI usually produces, not decks built with software. The decks that die are the ones with invented market numbers, cumulative ARR charts, data dumps where a story should be, and a founder who cannot explain the numbers on screen. Ultramarine Work builds the deck from the files in your folder, with every figure tied to its source file, so what it drafts is your evidence. The story and the judgment calls stay yours, because that is what investors are buying.
Can we put our cap table and model into it without breaching our NDAs?
It depends on the NDAs you signed, not on the app. Ultramarine Work changes files only in the project’s folder and sends content to Paper Instruments’ servers to be processed, but whether that counts as disclosure under your NDAs is a legal call your lawyer makes. Consumer chatbot accounts, the alternative many founders reach for, often reserve training rights and human review. The NDA decides what you may paste.
Can it write the projections and the long-range model for the raise?
Yes, it builds the model with live formulas from the assumptions and files in the folder. You still own every assumption, because investors test them line by line in diligence and nobody can defend a model they did not shape. Private companies pitching investors cannot rely on the statutory safe harbor, so present projections as management’s estimates on stated assumptions you can show. It dates every assumption and cites the file behind each number.
Does it draft the term sheet, the SAFEs and the closing documents?
No, financing documents go to counsel. It prepares the work you bring to that conversation, a pro forma cap table with every SAFE and note converted, a side-by-side term sheet comparison and liquidation waterfalls at several exit values. Chatbots invent terms that are nowhere in the documents they analyze, like a made-up interest rate on a convertible note. Check every quoted term against the actual document before anyone acts on it.
Does it keep option grants inside the Rule 701 limits?
Yes, it counts every grant against the Rule 701 sales limits, the greatest of $1 million, 15% of total assets or 15% of the class outstanding, and warns before the company crosses the $10 million level that brings enhanced disclosure to grant recipients. The 83(b) 30-day deadlines and the 409A refresh dates stay visible too. Board approval of each grant, the Form D filing and any disclosure package are human decisions it does not make.
Where does our data go?
Ultramarine Work changes files only in the project’s folder. When a request needs it, it can read files elsewhere on your computer, never passwords, keys or app data, and you can turn that off in settings. The model runs on Paper Instruments’ servers, so the content it works on is sent there to be processed. Paper Instruments is SOC 2 Type II, and our security and compliance details are on our compliance page.