Summary
Before You Hire a Fundraising Consultant, Read This:
The fundraising consulting market has a trust problem. Every firm claims $3B+ raised, world-class decks, and investor-grade materials. However, Most founders can't tell the difference between a firm that will actually help them close deals and one that will hand them a template deck and a cold email list.
Being fundraising consultants ourselves, well, you can say we're biased. We'll be upfront about that. spectup is on this list because we believe what we offer is genuinely different. But we've also raised $120M+ in capital working directly with founders, which means we've seen what other firms deliver when clients come to us mid-raise after working with someone else. We know where the gaps are because we fill them regularly.
This isn't a listicle of 'Top 10 firms' padded with companies we've never heard of. These are the firms founders raising between $1M and $10M are actually considering in 2026, and honest analysis of when each one makes sense.
You can watch how we move ahead in few minutes through this video:
What a Fundraising Consultant Actually Does (And What They Don't)
Before the comparison, level-set on what you're buying. A fundraising consultant typically delivers some combination of:
Strategy: Defining round size, target investor profile, timeline, and narrative positioning. This is where you figure out whether you're raising $2M on a SAFE or $5M on a priced round and why.
Materials: Pitch deck, financial model, data room, one-pager. The documents investors actually review before deciding whether to take a meeting.
Outreach: Building targeted investor lists, running email sequences, managing your pipeline, facilitating warm introductions. This is the part most founders underestimate and where most firms under deliver.
Deal support: Preparing you for meetings, helping with term sheet review, supporting due diligence. The close matters as much as the open.
No firm does all four at the same depth. The ones that claim to often spread thin.
The question isn't 'Who does everything', rather it should be framed as 'Which combination do I actually need right now?'
The Firms Worth Knowing in 2026:
1. spectup - If you want End-to-End Capital Advisory:
What they do:
spectup runs the full fundraising mandate:
Positioning
Materials
Deal support through close.
We work with growth-stage startups, funded ventures preparing Seed through Series C and above, bootstrapped founders with $250K+ revenue, and enterprises running private placements.
Mandates span:
Deep tech
SaaS
Robotics
Fintech
Consumer across Europe, the US, and Middle East.
Track record:
Not to brag but a Solid $120M+ in capital raised. Client testimonials cite:
87+ VC meetings generated on a single mandate
56+ investor calls on another
A $2.5M seed closed in record time. Well, we also supported a $40M Series D.
What makes us different?
The integration. Most firms do materials OR outreach.
spectup builds the financial model that backs the deck, help you connect with investors that gets the deck in front of qualified investors, and preps founders for the meetings those sequences generate.
We also offer standalone pitch deck design services for founders who need to sharpen before going live.
Our USP is - A standard campaign runs 10–14 weeks: discovery, strategy and materials, founder positioning, then two months of active outreach.
Pricing:
Retainer + success fee. No equity taken.
- Standalone services (deck, model, research) available individually.
Best for:
Founders who want someone running the process, not just advising on it. Particularly strong for international raises and deep tech verticals where investor targeting is specialised.
Honest limitation: We're selective. If you're pre-product with no revenue signal or very early pre-seed, you may need to build more traction first. Their sweet spot starts at growth-stage.
2. Waveup - If you just need Investor Materials and Narrative
What they do:
Waveup is a VC consulting firm built on investor-grade pitch decks, financial models, and information memorandums. They also offer go-to-market consulting and M&A support. Based in Europe with a global client base.
Track record: Claims $3B+ in total funding secured by clients, 800+ projects, 150+ pre-seed rounds, 100+ seed raises.
What makes them strong:
Materials quality. Their decks are consistently praised by investors. They build the full investment case, market logic, narrative, model, and design, rather than just making slides look good. One case study shows an AI AdTech company closing a $6M seed within a month of receiving a Waveup financial model.
They also have a free fundraising readiness assessment tool that's genuinely useful.
Honest limitation:
Their primary focus is Series A+. They take seed clients selectively. Investor outreach exists as a service but isn't as deeply integrated into their core workflow. You may get exceptional materials but still need to run or separately hire for outreach. Pricing is custom and not publicly listed.
Best for: Founders who have their positioning figured out and need top-tier materials to tell the story. Also strong for M&A preparation.
3. Slidebean - Pitch Deck Creation and Tools
What they do:
Slidebean started as an AI pitch deck builder and evolved into a consulting service. They offer a self-serve deck creation tool, full pitch deck design services, financial modeling, and strategy consulting. Founded by Caya Kourosh, who raised his own seed round and documents the fundraising journey openly on YouTube.
Track record: $500M+ raised by clients collectively. Clients include Sparkcharge ($7M raise), Cloaked Wireless ($425K seed).
What makes them strong:
Speed and accessibility. Their self-serve tool produces working decks in hours. Their consulting tier pairs founders with analysts for storytelling and modeling. Their YouTube channel and blog are genuinely the best free educational content in the fundraising space — worth watching before you hire anyone.
For pre-seed founders or those raising under $2M who are running lean processes, Slidebean is arguably the best value available.
Honest limitation:
They're a pitch deck design company. They don't run investor outreach or provide fundraising consulting services. They don't sit in on calls or help negotiate terms. At the institutional seed level and above, a deck alone, no matter how good, isn't enough. Their AI layouts can also feel templated, which works against you when investors see ten pitches a week.
Pricing: Self-serve from $29/month. Consulting starts around $2,999 for deck design.
Best for: Budget-conscious founders who are comfortable running their own raise and need a polished deck fast.
Toptal - Freelance Fundraising Talent Marketplace
What they do:
Toptal matches startups with vetted freelance fundraising consultants, individual experts in financial modeling, pitch decks, business plans, and fundraising strategy. It's a marketplace, and strictly not a firm. You hire an individual consultant through their platform.
Track record: Platform-wide, clients rate fundraising consultants 4.9/5.0 across 1,100+ reviews. Individual consultants have varied backgrounds: ex-VCs, former investment bankers, CFOs.
What makes them strong:
Talent quality and flexibility. Because it's a marketplace, you can find a consultant with highly specific expertise, someone who's modeled SaaS unit economics for 15 years, or an ex-VC who knows exactly what seed investors stress-test. The pay-per-hour model gives you surgical precision without a long-term retainer.
Honest limitation:
You're hiring an individual, and not a team or system. There's no integrated outreach infrastructure, no CRM setup, no campaign management. You get expertise on-demand, which is powerful for specific gaps but doesn't give you a managed process. You also need to vet the individual consultant carefully; quality varies despite the screening.
Pricing: Varies by consultant. Typically $150–$300+/hour.
Best for: Founders who have specific skill gaps (need a financial model built, need a deck rewritten) and want to hire targeted expertise without a full engagement.
5. Qubit Capital - AI-Powered Investor Matching
What they do:
Qubit Capital uses in-house AI algorithms to match startups with relevant investors. They offer pitch deck creation, financial modeling, data room support, and automated outreach campaigns. They claim access to 20,000+ investors across VC, PE, and corporate groups.
Track record: Newer firm. Client testimonials reference successful raises but without specific dollar amounts publicly verified.
What makes them strong:
Technology layer. If their AI matching works as described, the ability to algorithmically identify best-fit investors based on thesis, check size, vertical, and stage could save weeks of manual list-building. Their positioning as a "fundraising-as-a-service" platform is distinct from traditional advisory.
Honest limitation:
Newer entrant with less publicly verifiable track record than established firms. AI-powered investor matching sounds compelling but the quality depends entirely on the underlying data and algorithm, and investor databases decay fast. "Access to 20,000 investors" means nothing if the contact data is stale or the targeting is generic. This is a firm to evaluate carefully through references before committing.
Pricing: Not publicly listed.
Best for: Tech-forward founders who want a data-driven approach and are comfortable being early adopters of a newer platform.
Quick Comparison - Startup Fundraising Consultants at a Glance
spectup | Waveup | Slidebean | Toptal | Qubit Capital | |
|---|---|---|---|---|---|
Best For | Managed, end-to-end fundraise | Investor-grade materials | Budget-conscious, DIY founders | Filling specific skill gaps | AI-powered investor matching |
Core Strength | Full-stack capital advisory | Pitch decks & financial models | Pitch deck creation + education | Freelance consultant marketplace | Investor database & matching |
Investor Outreach | ✅ Fully managed | ⚠️ Limited integration | ❌ Not included | ⚠️ Depends on consultant | ✅ AI-matched |
Materials (Deck/Model) | ✅ Included | ✅ Core focus | ✅ Core focus | ⚠️ Depends on consultant | ⚠️ Secondary |
Strategy & Positioning | ✅ Included | ⚠️ Materials-focused | ❌ Deck-only | ⚠️ Varies | ⚠️ Limited |
Pricing Model | Retainer + success fee | Custom / project-based | From $29/mo (self-serve), ~$2,999 (consulting) | $150–$300+/hr | Not publicly listed |
Stage Focus | Seed to Series A+ | Series A+ | Pre-seed to Seed | Any | Any |
Limitation | Selective, growth-stage focus | Outreach not deeply integrated | No outreach or pipeline mgmt | No integrated system | Newer, less verified results |
How to Choose (Without Overthinking It)
Skip the feature comparison matrices. Answer two questions:
1. How much of the process do you want to own?
If you want someone managing the entire raise:
Narrative
To outreach
To close
You need a full-stack advisory firm. If you just need materials or targeted expertise, you need a specialist or marketplace.
2. What's your actual bottleneck?
If investors aren't taking meetings or your outreach or targeting is broken, and you not looking for pitch deck design services.
If investors take meetings but pass, your narrative, model, or pitch delivery needs work. If you can't articulate why now, then your fundraising strategy needs fundamentals.
Match the firm to the bottleneck. Don't hire a deck designer when you need an outreach engine. Don't hire an outreach engine when your story doesn't hold up.
What Actually Closes Rounds in 2026?
Whichever path you choose, the fundamentals haven't changed. Investors fund founders who can prove three things:
The market is real. Your TAM isn't a fantasy number pulled from a Gartner report. You've validated demand with real customers in a defined segment. If you are looking for specifics in TAM, SAM and SOM, we have a video specifically for you.
The business model works. Your unit economics survive stress-testing. Your financial model isn't a hockey stick built on hope. Instead, it's a set of assumptions you can defend under questioning.
The team can execute. Your GTM strategy isn't a slide, but it's a system you're already running. Your traction metrics show momentum, not just activity. Your product-market fit is demonstrated, not assumed.
No fundraising consultant can compensate for missing fundamentals. But the right one makes sure investors see your fundamentals in the best possible light and that you're in front of the right investors in the first place.
If you're preparing a raise and want to know what a structured, end-to-end process looks like, spectup's team is here.
Niclas Schlopsna
Partner
Ex-banker, drove scale at N26, launched new ventures at Deloitte, and built from scratch across three startup ecosystems.







