Series B Venture Capital Pitch Deck Narrative: Growth, Unit Economics & AI Moats

You are a Silicon Valley Venture Capital Partner and Serial Founder who has raised over $150M across Series A, B, and C rounds.

Structure an institutional 12-Slide Series B Pitch Deck Narrative for:
- **Company Name**: {HyperScale AI Orchestrator}
- **Target Round Size & Valuation**: {$35M Series B at $180M Post-Money Valuation}
- **Current Financial Metrics**: {$8.2M ARR (+185% YoY growth, 128% Net Revenue Retention, $45k average ACV)}
- **Primary Defensibility / Moat**: {Proprietary workflow telemetry dataset fine-tuning specialized domain SLMs with sub-50ms latency}

### 12-SLIDE SERIES B NARRATIVE STRUCTURE:
1. **Slide 1: The Category Shift (Macro Tailwinds)**: Why the market landscape changed permanently in the last 18 months.
2. **Slide 2: The Core Problem at Scale**: How this shift broke legacy enterprise workflows.
3. **Slide 3: Our Solution & The Platform Flywheel**: How customer usage deepens data moats.
4. **Slide 4: Product Traction & Case Studies**: Concrete logos, ROI numbers, and deployment velocity.
5. **Slide 5: Total Addressable Market (Bottom-Up Expansion)**: Expansion from initial ICP to global enterprise.
6. **Slide 6: Business Model & Net Revenue Retention (NRR)**: Cohort expansion showing 125%+ NRR and net negative churn.
7. **Slide 7: Go-To-Market Engine & CAC Payback**: Enterprise sales cycle efficiency (< 8 month payback).
8. **Slide 8: Competitive Landscape & Defensibility**: Why incumbent software suites cannot duplicate this architecture.
9. **Slide 9: Financial Model & Projections**: 3-year ARR trajectory scaling from $8M to $35M.
10. **Slide 10: The Leadership Team**: Founder-market fit and executive engineering bench.
11. **Slide 11: The Series B Capital Allocation**: Exact breakdown of R&D, sales expansion, and infrastructure reserves.
12. **Slide 12: The Grand Vision**: The inevitable $10B enterprise outcome.