Almax Partners was engaged by Relish (formerly Active Minds) to build a financial forecast model to raise their Series A round. The company produces activity products and games for people living with dementia. These
award-winning products have been developed, designed and tested in partnership with care homes, activity coordinators, families and carers incorporating the latest research.
Almax built a robust yet flexible financial model where the forecasts could be built on a business unit level taking into account the territories in which our client was represented. The model also incorporated the different sales channels, customer acquisition channels and new digital and physical product releases. It delivered a business-wide funding requirement, business valuation and investor return metrics.
The Almax financial model enables the company to raise its Series A round from an institutional investor and they will use the funds to grow its international activities and product range and achieve social impact at scale.
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