We are a young B2B SaaS Startup operating in the Social CRM space. First time Entrepreneurs, but with plenty of experience in our respective areas of work. We've received financial grant of 50,000 in cash. We will raise Series A in 6-8 months from now, when the technology is built, and in beta with few paying customers and gained a bit of traction. So, in our case:
What could be the potential Pre-money valuation (6-8 months down the line) ? We are putting ourselves realistically at around $3 Million. We may need to raise
If we have to achieve $3 million valuation, what key metrics should we focus on, in the next half a year ? (ex: 3 customers paying 300/Month, 25 sales leads, channels signed up etc) ?
We know our goal is to build a product that the market will love, however we don't want to lose perspective on the valuation front.
Thanks in advance !