Fundraise Closing Mechanics

Demo

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---
name: fundraise-closing-mechanics
description: Use after a term sheet is signed and the founder needs to get to wired money. Triggers on "how do I close the round", "what happens after the term sheet", "confirmatory diligence", "closing documents", "when does the money arrive", "how long to close", "wire the funds". Manages the path from handshake to cash without deals dying in the home stretch.
---

# Fundraise Closing Mechanics

A term sheet is a non-binding promise; rounds still die between signing and
funding. The home stretch is where founder attention drains, diligence surprises
surface, and momentum quietly leaks. This skill drives the deal to wired funds.

## When to use this skill

Use it the moment a term sheet is signed (and [[term-sheet-negotiation]] is
done), running against the data room from [[data-room-builder]].

## The path from signed term sheet to cash

1. **Confirmatory diligence** — the investor verifies what you claimed: metrics,
   contracts, cap table, IP, legal. Your prepared data room makes this days, not
   weeks. Surprises here re-open price; there should be none if
   [[fundraise-readiness-audit]] was honest.
2. **Legal documentation** — counsel drafts the definitive docs: stock purchase
   agreement, amended charter, investor rights agreement, voting agreement, board
   consents. Terms flow from the term sheet; the fights should already be over.… install to load the full skill