Technology capital markets advisory

The businesses with the most compelling long-term opportunities are often the hardest for generalist institutional investors to value correctly. Stellium helps technology companies close the gap between product reality and market perception.

What investors test

AdoptionCustomer traction, pipeline, market penetration
Revenue qualityARR, recurring vs one-off, contract visibility
RetentionNRR, churn, expansion within existing customers
DefensibilityCompetitive moat, switching costs, IP position
Route to scaleUnit economics, LTV/CAC, Rule of 40
Funding needCash runway, dilution risk, capital efficiency

Capital markets advisory for technology companies

Technology companies face a particular capital markets challenge: the businesses with the most compelling long-term opportunities are often the hardest for a generalist institutional audience to value and position correctly. That is precisely where the gap between operational reality and market perception tends to open up.

Stellium's capital markets background means we understand how institutional investors evaluate technology businesses, from competitive advantage and market opportunity to financial model credibility and the specific metrics that drive capital allocation decisions.

Where Stellium helps

01Investment narrative development: from technology description to financial investment case
02SaaS metrics framing: ARR, NRR, LTV/CAC, Rule of 40
03Institutional investor introductions and technology-focused roadshows
04IPO preparation: narrative, materials and investor targeting
05Market-facing communications for technology investor audiences
06Analyst, broker and market-facing engagement support

From product story to investment case

Product reality

What has been built, adopted or validated. The evidence base that proves the technology works and customers use it.

Commercial proof

Revenue quality, retention, pipeline, margin and customer evidence. The financial metrics that institutional investors require.

Capital markets case

Why the model can scale, where capital is needed, and how investors should judge progress against comparable businesses.

We work across enterprise SaaS, fintech, health technology, energy technology, industrial technology and hardware. We also have significant experience with deep tech businesses where turning technical progress into market conviction is most challenging.

Enterprise SaaS Fintech Health Tech Energy Tech Industrial Tech Hardware AI Advanced Materials Semiconductors
Next Step

Turn product progress into market conviction.

If you are approaching a capital raise, an IPO, or a strategic repositioning and believe an experienced capital markets perspective would be valuable, we welcome a direct conversation.