Ironhollow Seed Round

Ecommerce pitch deck example built on repeat rate and margin per order

Ironhollow sells carbon steel pans online and through 40 kitchen stores, and is raising $3M to bring finishing and inventory in house. The centre of the deck is a waterfall from order value to contribution, because an ecommerce investor wants to know what is left after shipping, returns and ads.

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IRONHOLLOW.

Carbon steel cookware, sold direct

IH

Ironhollow Cookware Co.

SEED ROUND · SEPTEMBER 2026

Slide 1 · cover · One oversized word. A cookware brand lives on its name, so the cover is the name.

WHY NOW

Pans people queue for

Cookware got interesting. The pan category grew 9% last year while the rest of the kitchen flatlined, and carbon steel is its fastest corner.

We sell direct, so a $129 skillet carries the margin a department store brand needs $220 to make.

Forty kitchen stores asked to stock us before we had a wholesale price list.

01
The shift

Home cooks trade up once and keep the pan for decades. The story is buy once, cook forever, and it converts without discounting.

02
The pull

Wholesale started at zero and reached $46k a month within a year, with no sales rep on payroll until last quarter.

02

Slide 2 · intro · Why now in an editorial voice: the category, the direct margin, and retail pull we did not ask for.

The range

Three pans, one steel, all priced under the imported incumbent.

Skillet

The everyday 26cm at $129. Two millimetre carbon steel, riveted oak handle, pre seasoned. The first pan in 68% of carts.

Wide

The 30cm family pan at $159. Same steel, wider base for batch cooking. Bought as a second pan in 41% of repeat orders.

Wok

Flat bottomed for home burners at $149. Added after 1,900 customer requests, and already 22% of unit sales.

03

Slide 3 · pillars · The range in three rows with prices and the share of carts each pan wins.

One order, taken apart

The average $164 order ends at $51 of contribution, a 31% margin after acquisition.

Order value
COGS
Shipping
Returns
Payment fees
Paid acquisition
Contribution
0$45$90$135$180$

04

Slide 4 · metrics · The centre of the deck: an average order walked from $164 down to $51 of contribution.

Revenue by channel

Monthly revenue over 12 months. Wholesale starts at zero in January.

Sep
Oct
Nov
Dec
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
0$k35$k70$k105$k140$k
Online
Wholesale

05

Slide 5 · metrics · Two revenue lines. Wholesale starting from zero answers the question "is this only ads?"

Quality is a number

The six numbers that say customers come back and pans do not.

34%

Repeat purchase rate

Customers buying a second time within 12 months.

4.7

Average rating

Across 2,100 verified reviews on our own store.

61%

Orders from organic

Search, referral and social, not paid ads.

48k

Email list

Subscribers, 41% open rate on the seasoning series.

3.6%

Returns

Mostly gifting misses, not product faults.

40

Stockists

Kitchen stores that approached us, not the reverse.

06

Slide 6 · metrics · Six numbers that put returns beside reviews, so quality is a figure rather than an adjective.

Supply chain

The raise moves finishing in house, the step that gates volume today.

Steel mill

Input

Two millimetre carbon steel sheet from one mill, on a 12 month contract at fixed pricing.

Pressing

Forming

A pressing partner stamps bodies and rolls handles. Capacity is fine up to 200,000 units.

Finishing

The bottleneck

Seasoning runs at a partner today. In house, throughput triples and $9 of margin per pan comes home.

3PL

Fulfilment

One 3PL picks, packs and ships direct and wholesale orders from a single inventory pool.

Customer

The kitchen

Delivery with a seasoning guide, and a lifetime warranty registered at unboxing.

07

Slide 7 · process · The supply chain in five steps, with the raise pointed at the one step that gates volume.

Us against the incumbent

Feature by feature against the imported pan that owns the category today.

Origin

Price

Warranty

Seasoning

Availability

Steel

Handle

Ironhollow

Direct from the press
Pressed and finished in region
$129 for the 26cm skillet
Lifetime warranty, registered
Ships pre seasoned, ready to cook
In stock, two day dispatch
2mm carbon steel throughout
Riveted oak, replaceable
Shop the range

Incumbent

The department store pan
Sea freight on 90 day cycles
$220 at department stores
25 year warranty
Ships raw, season it yourself
Out of stock two months a year
2mm carbon steel
Welded handle, runs hot
Compare

08

Slide 8 · comparison · Head to head with the imported incumbent on the seven things a cook actually compares.

Four quarters ahead

What the raise buys, quarter by quarter.

Q4 2026

Finishing line commissioned in our own unit. First runs in November, full changeover by January.

Q1 2027

Two new SKUs ship: a 20cm egg pan and a lid range. Both pre sold to the email list first.

Q2 2027

EU launch through a Rotterdam 3PL. Pricing holds at parity with the home market.

Q3 2027

100 stockists. A wholesale manager and a second press shift take retail to a third of revenue.

09

Slide 9 · timeline · Four quarters, each with a concrete deliverable, ending at 100 stockists.

The raise

Equity to bring inventory and finishing in house ahead of the EU launch.

$3M

to fund inventory, the finishing line and the next two SKUs

45%

Inventory

Six months of steel and finished stock, so we stop selling out every November.

25%

Finishing line

The press, ovens and extraction for in house seasoning at triple throughput.

20%

Marketing

Organic first: the seasoning series, two retail campaigns and EU launch content.

10%

Team

A wholesale manager, a production lead and part time finance cover.

10

Slide 10 · investment · A $3M ask split four ways, with inventory first because stockouts are the ceiling today.

Thank You

The full order economics model and the stockist list are in the data room.

11

Slide 11 · closing · A quiet close. The numbers already argued; the last slide just says where to look next.

The structure

What each slide is doing, so you can reuse the order even with different content.

Slide 1cover
One oversized word. A cookware brand lives on its name, so the cover is the name.
Slide 2intro
Why now in an editorial voice: the category, the direct margin, and retail pull we did not ask for.
Slide 3pillars
The range in three rows with prices and the share of carts each pan wins.
Slide 4metrics
The centre of the deck: an average order walked from $164 down to $51 of contribution.
Slide 5metrics
Two revenue lines. Wholesale starting from zero answers the question "is this only ads?"
Slide 6metrics
Six numbers that put returns beside reviews, so quality is a figure rather than an adjective.
Slide 7process
The supply chain in five steps, with the raise pointed at the one step that gates volume.
Slide 8comparison
Head to head with the imported incumbent on the seven things a cook actually compares.
Slide 9timeline
Four quarters, each with a concrete deliverable, ending at 100 stockists.
Slide 10investment
A $3M ask split four ways, with inventory first because stockouts are the ceiling today.
Slide 11closing
A quiet close. The numbers already argued; the last slide just says where to look next.

How to adapt this deck

A marketplace only brand replaces the wholesale line with a channel mix slide and moves fees into the waterfall, where marketplace commission becomes its own bar. A subscription box keeps the same waterfall but adds a cohort retention chart after it, because contribution per order matters less than contribution per subscriber year. A brand with no wholesale simply runs one line on the revenue chart and spends the freed slide on whichever proof number is strongest, usually repeat rate.

Which pitch deck do you need?

The investor pitch deck example is the hub. The crowdfunding pitch deck example covers the same consumer product territory as a reward campaign rather than an equity raise, and the hardware example goes deeper on bill of materials for brands that manufacture their own product. The SaaS example is the contrast case: recurring metrics instead of order economics. If the raise is a first institutional round rather than a growth cheque, the seed pitch deck example runs the same order with fewer numbers and more of the founding story.

What makes this deck work

The waterfall ends at a real number

Slide four walks the average $164 order down through COGS, shipping, returns, payment fees and paid acquisition to $51 of contribution, a 31% margin stated in the framing line. Revenue growth means nothing in D2C until this walk is shown, and most decks never show it.

Wholesale starts from zero on the chart

The revenue slide runs two lines over twelve months: online from $38k to $121k, and wholesale from nothing to $46k. A second channel that appears mid chart answers the quiet question every consumer investor carries in, which is whether the brand is anything more than paid traffic.

Returns sit beside reviews

The six stat grid puts a 3.6% return rate two tiles from the 4.7 average rating over 2,100 reviews, with 61% organic orders and a 34% repeat purchase rate around them. Putting the unflattering number in the grid is what makes the flattering ones believable.

Questions people ask

What goes in an ecommerce pitch deck?

This one runs why now, the range, contribution per order, revenue by channel, proof numbers, supply chain, competition, roadmap and the ask, in eleven slides. The two slides that make it ecommerce rather than generic are the order waterfall and the supply chain with its bottleneck named.

What is contribution margin and how do I show it?

What remains of an order after variable costs: goods, shipping, returns, payment fees and the marketing spend that produced it. Show it as a waterfall in the order the money leaves, ending at the dollar figure per order. Ironhollow lands at $51 on a $164 order, and the chart does the explaining.

Should I show CAC or ROAS?

Show contribution after acquisition cost, the way the waterfall here folds $31 of paid spend into the walk. ROAS alone flatters any brand with high gross margin, and CAC alone means nothing without the margin it buys. The blended view is the one an investor will rebuild in their own model anyway.

How much inventory detail belongs in the deck?

One supply chain slide and one line in the ask. Ironhollow gives inventory 45% of the $3M raise, and the value chain slide names finishing as the step that gates volume. Detail beyond that, SKU level cover, reorder points and freight terms, belongs in the data room.

Is repeat rate more important than revenue?

At this stage, yes. A 34% twelve month repeat rate on cookware, a category people buy once a decade from most brands, is the strongest number in the deck and it leads the proof grid. Revenue tells an investor where you are; repeat rate tells them what every future customer is worth.

Can the waterfall chart be exported to PowerPoint?

Yes. The waterfall is one of the nine chart kinds that stay native in the editable PPTX export, so the per order walk remains a chart with editable values rather than a picture. Only the waffle kind rasterises on export, and this deck does not use it.

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