- Integrations
- Accounting
- Manual Profit and Loss
Manual Profit and Loss
Upload a monthly profit and loss statement (Excel or CSV, at least 12 months) and Founderpath reads revenue, cost of sales, operating expenses and net income for underwriting. Most files are read in about 3 minutes.
- Method
- File upload
- File
- Excel or CSV, monthly
- History
- 12 months minimum
- Reading time
- About 3 minutes
- Updates
- Re-upload when books change
- Accounts
- 658
What the profit and loss upload does
Upload a monthly profit and loss statement as an Excel or CSV file, and Founderpath reads your revenue, cost of sales, gross profit, operating expenses and net income month by month for underwriting. It is the way to share financial statements when your books are not in an accounting system Founderpath connects to, such as QuickBooks Online or Xero.
What the spreadsheet needs
Download the template from the upload screen in your Founderpath account, or export a monthly report from your accounting system:
- At least 12 months of history. 24 is better, and a month with no numbers does not count.
- One column per month, not a quarterly or annual summary.
- Income, cost of sales and expenses with their line items, not just totals.
A shortened layout example, with most line items left out:
| Jan 2025 | Feb 2025 | Mar 2025 | |
|---|---|---|---|
| Income | |||
| Subscription revenue | 232,400 | 238,100 | 245,900 |
| Expenses | |||
| Salaries and wages | 96,000 | 96,000 | 98,500 |
| Net income | 61,300 | 59,800 | 63,100 |
What happens after you upload
- Founderpath reads the sheet and checks that it has the months and sections above. Most files are read in about 3 minutes.
- Each line is mapped to revenue, cost of sales, operating expenses or other income and expenses, and monthly totals are calculated, including gross profit and net income.
- Those figures join the rest of your data for underwriting. Founderpath aims to make a funding offer within 24-48 hours of your data being connected.
An upload is a snapshot. Upload a new file when your books change. A connected accounting system refreshes on its own.
Pair it with a balance sheet
A profit and loss statement shows earnings, not cash or obligations. Upload a balance sheet for the same months, and add bank data so cash can be checked against the books.
Profit and loss upload questions
Fund your company from your financial statements
Upload your P&L or connect your accounting.
Founderpath underwrites software companies from their financial, billing and bank data, with no pitch deck. Founderpath aims to make an offer within 24-48 hours of your data being connected.
- Offer in 24-48 hours
- Founderpath aims to make an offer within 24-48 hours of your data being connected.
- From $10K MRR
- Founderpath funds software companies from $10K in monthly recurring revenue (about $120K ARR).
- No dilution
- No equity, no warrants and no board seats.
Connect more of your stack for a stronger offer.
QuickBooks
Integrate Founderpath with QuickBooks for automated accounting data sync and financial insights.
Manual Balance Sheet
Upload balance sheets manually to Founderpath for financial health tracking and analysis.
Xero
Integrate Founderpath with Xero for automated accounting sync and financial analytics.
NetSuite
Connect NetSuite to Founderpath for comprehensive ERP financial data and accounting insights.