{
  "version": "1.3.0",
  "releasedAt": "2026-05-20",
  "kpi": {
    "rogueId": "fundraising.total_received",
    "slug": "total_received",
    "domain": "fundraising",
    "defaultLabel": "Total Received",
    "description": "Cash that has actually been wired and cleared the company's bank account from investors in the current round. This is the cash-in-the-bank version of `committed_amount`. Common pitfall: commitments do not pay the bills — wiring can lag commitments by weeks to months for the second / third closes, and a committed-but-not-received delta of $5M+ can quietly extend the runway forecast incorrectly. Reconcile this against `finance.total_cash_in_bank` increases each period.",
    "fieldType": "currency",
    "unit": null,
    "maturity": "general",
    "suggestedForStages": [
      "preSeed",
      "seed",
      "seriesA",
      "seriesB",
      "seriesC"
    ],
    "defaultOwningFunctions": [
      "Finance"
    ],
    "stageRelevance": {
      "preSeed": "core",
      "seed": "core",
      "seriesA": "core",
      "seriesB": "core",
      "seriesC": "core"
    },
    "definitionSource": {
      "tier": "editorial",
      "sourceName": "imboard Editorial",
      "sourceUrl": null,
      "sectionRef": null,
      "publicationDate": "2026-04-01",
      "attributionNotice": null
    },
    "formula": "Sum of investor wires received and cleared in the current round. Always less-than-or-equal-to `committed_amount`; difference equals \"to-be-wired\" balance.",
    "whyItMatters": "The only line of capital the company can actually deploy — runway forecasts based on `committed_amount` rather than `total_received` are aspirational, not operational.",
    "interpretationGuidance": "A widening gap between `committed_amount` and `total_received` past the first close warrants a follow-up — wiring delays beyond 30 days from signature increasingly correlate (per founder postmortems published on First Round Review) with investor regret or strategic shifts.",
    "relatedKpiIds": [
      "fundraising.committed_amount",
      "fundraising.target_raise",
      "finance.total_cash_in_bank",
      "finance.runway_months"
    ],
    "metricBasis": {
      "timeBasis": "point_in_time",
      "moneyBasis": "cash",
      "production": "primary"
    }
  }
}