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Write the next chapter in your founder story
Make your next round an exit.

Most startups don't fail beyond $5M ARR. They stabilize. The product works, customers stay, and growth continues—it just no longer fits the VC playbook. For many founders, the right move isn't pushing longer. It's choosing what comes next.

Three business professionals in a collaborative meeting discussing strategy, seated on a modern office sofa with documents and laptops
old_playbook.js
while (!isUnicorn()) {
  raiseCapital();       // dilute
  hireAggressively();   // burn
  chaseGrowth();        // exhaust
}
write_your_own_story.js
if (
  hasProductMarketFit() &&
  arr >= 3_000_000 &&
  stillEnjoyBuilding()
) {
  return acquisition(); // liquidity
}

Value hides in the overlooked middle
While venture chases extremes.

Venture portfolios are built around a small number of outsized winners. Strong companies often get stuck in between—too real to ignore, not VC-shaped enough to start the next raise with conviction. That middle is where the smartest exits happen.

$5-30M
ARR
Seed-Series B
FUNDING STAGE
3-7 years old
COMPANY AGE

Get your money and your time back
We help you open a second path—before the first one narrows.

Growth doesn't stop overnight. It softens. Churn creeps in. The team shows signs of fatigue. That's when optionality quietly disappears.

Year 1
$2M Raise
Year 3
$10M Raise
Year 5
$30M Raise
Year 8
$100M Acquisition
2.4x MOIC • 25% IRR
$60M Acquisition
5.0x MOIC • 88% IRR
Year 1
$2M Raise
Year 3
$10M Raise
Year 5
$30M Raise
$60M Acquisition
5.0x MOIC
88% IRR
Year 8
$100M Acquisition
2.4x MOIC • 25% IRR

Our tech M&A practice helps founders interpret shifting metrics, market signals, and momentum—and use them to create a second option before leverage slips.

Exit on your terms

We prioritize leverage, fit, and clean outcomes over drawn-out processes.

Right buyers, period

We engage strategic buyers and financial sponsors only when there's real fit.

Tailored process

We protect founder time and decision-making bandwidth at every step.

We speak software
We underwrite the product, not just the numbers.

We speak software—and we listen. We start by learning from the real experts: you and your customers.

By understanding how your product is built and used, we help buyers see what drives durability and advantage.

Having operated inside high-growth startups, we bring that reality into who we take to market, how we position them, and how buyer conversations unfold.

Product-Led Value

Technical Differentiation

Buyer-Tailored Narrative

Evidence, Not Hand-Waving

Not your average investment bankers
Decades of hands-on operator experience.

David Goldman, CFA

  • Founder of Accredant Capital and full-stack developer
  • Former operator at SunPower, Mosaic, and SunEdison, building and running clean and emerging tech businesses
  • Deep experience navigating valuation, structure, and buyer dynamics
  • Advised startups building at the intersection of software and climate, including Dandelion Energy and Arcadia
  • Trusted by founders building in complex, regulated, or asset-heavy markets
david@accredant.com

Christin Price

  • Operator with 13+ years in fintech, B2B SaaS, and climate tech
  • Former founding employee and senior finance leader at Mode Analytics, Ezra.fi, Point Digital Finance, and Stow Energy
  • Led $70M+ in equity financings and advised a dozen+ startups on capital formation
  • Works hands-on with founders through fundraising, senior hires, and strategic exits
  • Specializes in financial models designed to tell the buyer and investor story
christin@accredant.com

We met in the tight-knit climate tech ecosystem, brought together by a shared love of building. We have chosen to stay close to the work—developing software and working directly with founders.

The Accredant team has executed hundreds of clean energy transactions. We are now extending that discipline into technology, launching a dedicated tech M&A practice for software and tech-enabled companies.

We have a shared vision: as AI reshapes the economics of software, value will shift from massive markets to hyper-focused niches—creating a new generation of small, segment-dominant winners.

Exits aren't endpoints. They create the freedom to build again—and that's how innovation compounds.

Cut to the chase
A disciplined approach that delivers clarity, fast.

Who you work with shapes the outcome.

Traditional M&A

  • Junior-led, error-prone execution
  • Broad, noisy auctions
  • Optimized for closing deals
  • Focused on headline price
  • Buries you in emails and PDF attachments

Accredant Capital

  • Selective, senior-led engagements
  • Controlled buyer outreach
  • Optimized for net founder outcomes
  • Focused on timing and structure
  • We work how you work: in the cloud and on Slack

In less than two weeks, have a clear view of your options.

1
Sign Mutual NDA
2
Introductory Call
3
Review Existing Materials
4
Exit Options Assessment
5
Align Stakeholders
6
Sign Engagement Letter

A tailored process designed to help maximize your outcome in all market conditions.

Months1 to 6
Months7 to 9+
Pre-Term Sheet
Product Deep Dive
Product Deep Dive
Learn from you and your customers to understand audiences, moat, and product durability.
Marketing Materials
Marketing Materials
Craft buyer-specific materials highlighting what matters most to each audience.
Buyer Identification
Buyer Identification
Leverage existing relationships and develop new ones to identify qualified buyers.
Data Room Build
Data Room Build
Organize financials, customer data, IP, team structure, and compliance materials.
Buyer Outreach
Buyer Outreach
Introduce your company, secure NDAs, and build competitive tension.
Post-Term Sheet
Negotiate Terms
Negotiate Terms
Negotiate valuation, structure, and protective terms focused on net outcomes.
Buyer Due Diligence
Buyer Due Diligence
Handle questions, coordinate meetings, manage documents, and work with legal.
Close Transaction
Close Transaction
Finalize documents and execute a smooth close with transition planning.

Prepare early. Preserve optionality.

To raise or to sell
Life-changing returns don't require billion dollar exits.

Want a precise valuation based on your actual financials? Start the conversation.

Exit Now

🏅 Best Choice
$50.0M
Acquisition Price
$17.5M
Your Proceeds
ARR Today $10.0M
$1M $50M
Revenue Multiple 5.0x
1x 20x
Your Ownership Today 20%
0% 100%

Raise and Exit Later

🏅 Best Choice
The expected sale price based on your future revenue projections and the selected revenue multiple, discounted to present value using your discount rate.
$60.8M
Acquisition Price (PV)
The discounted acquisition price multiplied by your future ownership percentage, which reflects dilution from raising additional capital.
$14.6M
Your Proceeds (PV)
$21.0M
$0M $200M
Revenue Multiple 5.0x
1x 20x
Your Future Ownership 15%
0% 100%
Time to Exit 3 years
1 year 10 years
Discount Rate The return you require to justify waiting for future cash instead of taking money today. Higher rates reflect greater risk, uncertainty, and personal opportunity cost.

Founders often use 20–35%. Corporate or strategic buyers typically use 8–12%.
20%
0% 40%
  • Estimates are illustrative and shown before any fees, expenses, or taxes. Your actual proceeds will depend on your cap table and deal specifics.

Start the conversation
One hour, no strings attached.

All conversations are confidential.

Is M&A right for you?

This isn't a sales call. It's an open conversation to help you understand your options.

We'll discuss whether an exit makes sense—and if so, what timing and structure could maximize your outcome.

What we'll cover:

  • Your goals
  • Your current position and leverage
  • Buyer interest and market dynamics
  • Timing, valuation, and tradeoffs

No commitment or pressure to engage.