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Investor update, YC style

Your monthly investor update, based on Y Combinator's advice on how to manage your updates.

First working day of the month at 9:00
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To your investors

Investor update: September 2026

More customers expanded this month, and the new onboarding slipped a week.

Asks:

  • Can you hit reply with 3 heads of customer success who'd want to see our product? I'll follow up with forwardable intros
  • Leads for a senior full stack engineer

Metrics:

  • Revenue: €82k MRR (up from €76k last month, +8%)
  • Cash: €1.9M
  • Burn: €96k
  • Runway: 20 months
  • Weekly active users: 1,240 (+11%)
  • Activation: 61% of new teams set up in week one (was 54%)

Lowlights:

  • We missed the onboarding launch. Two migration issues are still open

Highlights:

  • Three customers expanded to a second team

Shout outs:

  • Thanks to Maya at Northstar for the pricing feedback

Next month:

  • Grow to €90k MRR
  • Launch onboarding
  • Hire the senior engineer