I-Co's Path

The I-Co Path


Investor-Aligned Advisory Framework


INSIGHT → Clarity

GENESIS → Eligibility

ORBIT → Approval

NEGOTIUM → Execution


The I-Co Path mirrors the internal decision process of institutional investors, over the months.
Depending on the work, the payment shall occur as:

(i) an up-front fee,

(ii) a fixed fee,

(iii) a montly payment,

(iv) a success fee.


I-Co's work reflects the action of a risk-reduction partner, not a mere fundraising intermediary.


1. INSIGHT, the Investment Readiness Pre-Diagnostic


Question answered in 1 hour-meeting
Where does the company stand today?


Objective

Establish a clear and objective snapshot of the project at the moment it seeks capital, before any investor exposure.


Scope of services

  • Strategic review of the project, assets and growth trajectory.
  • Analysis of the shareholding structure and decision-making powers.
  • Initial review of available financial elements.
  • Assessment against institutional investment standards.
  • Identification of major gaps versus fund expectations.
  • Evaluation of sponsor / management maturity.


Deliverables

  • Structured oral restitution.
  • Concise diagnostic note (strengths, weaknesses, blocking points).
  • Clear recommendation: proceed, restructure prior to fundraising, or pause.


Value delivered

  • Prevents premature fundraising.
  • Clarifies expectations before deeper engagement.
  • Serves as the analytical foundation for subsequent phases.


Decision at the end of Insight ?
Is the project sufficiently mature to go through institutional pre-qualification? If not, let's work further on your project to make it investment-ready.


2. GENESIS, the Institutional Pre-Qualification & Deep Diagnostic


Question answered
Can this project pass institutional screening?


Objective

Bring the project to the level required to pass investor screening and pre-qualification questionnaires.


Scope of services

  • Deepening of the Insight diagnostic.
  • Completion and refinement of investor pre-qualification. questionnaires, an I-Co's proprietary document tailored made to serve as a guideline in the fundraising process until closing.
  • Detailed review of governance, economic rights and control mechanisms.
  • Clarification of the investment thesis and value creation drivers.
  • Identification and structuring of key risks (operational, financial, regulatory).
  • Logical pre-structuring of the data room and compliance requirements.
  • Upstream coordination with external advisors where relevant (legal, financial, technical).


Deliverables

  • Investor-ready pre-qualification materials.
  • Updated institutional diagnostic memo.
  • Mapping of compatible and non-compatible investor profiles.


Value delivered

  • Reduces early-stage rejection risk
  • Establishes credibility from the first investor exchanges
  • Saves time for both founders and investors


Decision at the end of Genesis
Is the project eligible to launch active investor discussions?


3. ORBIT, the valuation & Investment Committee Preparation


Question answered
Can an investment committee approve this project?


Objective

Prepare a file that can be defended and approved at investment committee level.


Scope of services

  • Review or construction of the financial. model (cash flows, IRR, sensitivities)
  • Valuation analysis aligned with risk profile and market standards.
  • Alignment of strategy, numbers and narrative.
  • Structuring or redesign of investor materials (pitch deck, business plan, investment memo).
  • Preparation of elements expected by investment committees.
  • Anticipation of critical questions and downside scenarios.


Deliverables

  • Institutional-grade financial model (scope-dependent).
  • IC-ready pitch deck and/or investment memo.
  • Investment committee reading grid (key risks, decision drivers, sensitivities).


Value delivered

  • Fewer post-IC iterations.
  • Improved clarity of risk and value creation.
  • Faster internal decision-making on the investor side.


Decision at the end of Orbit
Is the project ready for full due diligence and IC review?


4. NEGOTIUM, the negotiation & Closing dynamics


Question answered
Can this transaction be executed on balanced and durable terms?


Objective

Secure execution and alignment through negotiation until closing.


Scope of services

  • Term sheet analysis from an investor-side perspective to optimize your negotiation.
  • Strategic preparation for negotiations.
  • Structuring of economic and governance trade-offs.
  • Support during key discussions with investors.
  • Coordination with legal counsel through signing and closing.


Deliverables

  • Term sheet analysis notes.
  • Structured recommendations on sensitive negotiation points of the legal documentation.
  • Ongoing strategic support until closing.


Value delivered

  • Preservation of value for founders.
  • Reduced late-stage friction.
  • Stronger long-term alignment between shareholders.



Progression & Selectivity


Progression through the I-Co Path is not automatic.


Engagement Principles

  • Services are progressive and conditional
  • Each step involves independent analytical work
  • Fees reflect structuring and risk-reduction expertise, not introductions


This selectivity and progressivity protects:

  • founders from premature exposure and credibility loss, and
  • investors from avoidable execution and governance risk.


Start with Insight


Before seeking capital, founders must first assess their compatibility with institutional standards.

The I-Co Insight session is the entry point into the I-Co's Path.



Success Fee

A principle of alignment


At I-Co, our compensation is designed to reflect a simple, immutable rule of the investment world: we win mainly when you do.


In that spirit, the Success Fee applies exclusively to capital that is effectively raised through an introduction made by I-Co, and becomes payable upon the execution of binding investment documentation, and paid at closing.


To preserve perfect alignment with founders and investors, the Success Fee follows a refined, tiered structure reflecting the scale of the transaction in full transparency:


5% on amounts raised up to €2,000,000

3% on the portion between €2,000,000 and €5,000,000

2% on the portion between €5,000,000 and €10,000,000

1% on any amount above €10,000,000


This structure mirrors the standards of boutique advisory firms, while maintaining the clarity, integrity and discretion that define I-Co. That's why, it is not a fee but a statement of alignment.


Interested in our services?

We want to know your needs exactly to provide the perfect solution.

Book an Insight