Tech Startup Formation & Series A Funding - €2M Closed
French Tech Startup (Private)
Jan 15, 2024
Dr. Carlos Mendoza Fernández
Madrid, Spain
French tech entrepreneurs rapidly registered SL company, established audit-ready accounting, and closed €2 million Series A funding with investor-ready governance from day one.
Startup Legal & Accounting Setup: Tech Startup Funding Success
Client Profile: French tech entrepreneurs with innovative SaaS product seeking Spanish company registration, investor-ready documentation, and accounting infrastructure to support Series A funding round targeting €2 million.
Key Challenges
• Rapid company formation with tight 3-month timeline
• Investor-ready documentation from day one
• Shareholder structure optimization for future funding rounds
• Multi-country payroll (Spain + France teams)
• Audit-ready accounting from inception
• Ongoing compliance while focusing on product development
Solution Implementation
Phase 1: Fast-Track SL Registration (10 days)
Completed company registration within timeline without cutting corners. All documentation prepared and filed efficiently meeting all regulatory requirements.
Phase 2: Shareholder Structure Design
Designed capitalization table balancing founder stakes with future investor dilution. Stock option plan framework created for future employee grants ensuring flexibility for growth.
Phase 3: Governance Documentation
Drafted shareholder agreement (EU standard templates), articles of incorporation, and basic corporate governance framework. Investor-ready documentation from inception.
Phase 4: Accounting Setup
Implemented QuickBooks/Xero integration for real-time accounting. Monthly financial statements from inception. Full audit trail maintained for investor transparency.
Phase 5: Payroll Administration
Set up Spanish payroll for Madrid-based employees. Connected French payroll system for remote team members. Social security and tax compliance fully automated.
Results & Outcomes
✓ Company registered and operational in 10 days
✓ €2M Series A funding closed within 4 months
✓ Zero compliance issues during investor due diligence
✓ Audit-ready accounting from day one
✓ Founder time freed to focus on product
✓ Smooth scaling of Spanish operations
Key Success Factors
1. Rapid Setup: Complete company formation within timeline.
2. Investor Readiness: All documentation investor-grade from inception.
3. Accounting Excellence: Professional accounting enabled smooth due diligence.
4. Integrated Services: Legal, accounting, and tax coordination across teams.
Post-Funding Status
Company successfully raised funding, expanded team, and scaled operations. Founders focused on product while AURUM handled all administrative and compliance obligations. Company positioned for rapid growth across Europe.
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