Watch Investor Update Template actually work

Filled with your September numbers, exactly as it comes out of the Notion page and the paste-ready email version.

Subject: MultiVault shipped — $41.2k MRR, 11mo runway, 2 intro asks

TL;DR — three lines, no scrolling
▸ MRR $41.2k, up 8% ($38.2k → $41.2k), net new $3.05k
▸ Shipped MultiVault, our biggest release this year
▸ Two specific intro asks at the bottom — vertical SaaS operators

METRICS BLOCK
MRR: $41.2k (+8% MoM)
Net new MRR: +$3.05k
Churned MRR: −$2.0k (one account, details below)
Net burn: $28k/mo
Cash on hand: ~$308k
Runway: 11 months (to Aug 2026 at current burn)
Trend note: third consecutive month of 7–9% growth. Growth is steady, not accelerating — that's the honest read.

WHAT SHIPPED
MultiVault went live Sept 18 after a six-week build. It's the feature three of our five largest accounts named as their top request in July calls. Early signal: 41% of active workspaces have created at least one vault. Too early to call retention impact; I'll report a 60-day cohort number in the November update.

WHAT DIDN'T GO WELL
Lost a $2k/mo account this month. Root cause was a champion departure — our buyer left for a new role and their replacement had an incumbent tool in place. Not a product failure, but it exposed a real gap: we had one relationship inside a $24k ARR account. Fix in progress — multi-threading requirement on every account above $1k MRR, tracked in our CRM as a field, not a good intention.

THE ASK — this is the part I need
1. Intros to two Series A operators in vertical SaaS. Specifically: a founder or VP Sales who has taken a vertical product from ~$500k to ~$3M ARR. I want to pressure-test whether our expansion motion should be seat-based or module-based before we commit engineering to it in Q1.
2. If you know anyone at Tercet, Bowline, or Highfield who covers vertical SaaS — a warm forward is more useful to me than a cold list. Not raising yet; building relationships six months ahead of a seed extension conversation.

Reply-worthy: even a name with "not sure they'd take the call" is useful.

Where this product stops: it's a document, not a data pipeline. The metrics block is fields you fill in — it won't pull MRR from Stripe or compute your runway. You enter $41.2k and $28k; it holds the structure, the framing, and the discipline of putting the ask last and unmissable. If you want live numbers flowing into it, that's a different tool.