All the details are in the email below, or you can reach out if you have any questions., I wanted to let you know well soon be closing this round of financing. In cold outreaches, it is even more important to show the relevance right away. We suggest something like the following: Hey Investor Name Hope all is well! Investor emails can and should be short. You can cold email investors who have backed similar companies. Other investors prefer a more direct approach. We're raising our next round of funding for
and I'm curious if we're a fit for your team. Its been a great [quarter/month/etc.] A pitch meeting? Here is an example of how you might present that data: As we mentioned earlier, revenue has been cruising this month. We raised a $1.2M seed round from SeedPlanters, and used this to enhance our AI engine while tripling our user base. Over the past months weve experienced an exponential growth (10X) in users reaching: - 30,000+ matches organised through the app. Were and Id like to . In most cases, you can do this most easily with any traction metrics., Cold emails to VCs can be very simple- We're building __ for __ and why- Raising //$__ + funding history + traction- You / your fund is interesting to us because of ____- Team/founders based in ___- Attach or link an overview- Ask for feedback if they say not a fit. Community videos. Pro tip: Include a direct link to a LinkedIn search that fits the criteria of the person youd like to hire to make it easy as possible for investors. Our key insight is that marketplaces suck and engineers hate spending months building the infra to monetize APIs. If there is someone on the list already that you have a really great relationship with, please let me know :), The deck is still a work in progress but you can take a look here - . Leave this as a sign-off sentence in your investor email: Ive attached a copy of our pitch deck if you require more details.. As such, we are raising outside capital for the first time with a 2mn USD pre-Series A round at a 7mn pre-money valuation (50% already committed). They should be a core part of every founders job. Even if you dont have a live website built yet, you should still own the domain and have a company email set up. Were a enterprise software ourselves so I wanted to see if youd be interested in backing us.To give you some background, offers an enterprise compression algorithm that drastically reduces server costs for companies like Amazon, Microsoft, and Google. This is also an opportunity for a VC to respond to you directly if they see something that intrigues them, without you making an ask of their time. Investors have to assess a lot of different companies every week. - We are the market leader in Turkey and launched in Mexico where we plan to expand into the rest of Latam. Do you need help to find more customers in the U.S? So how can you expect to get a response from the VCs and angel investors youre hoping to talk with? Just remember to personalize each email and make it relevant to the investor you're targeting. Make it easy to read: Use bullet points and subheadings. This demonstrates proper business etiquette as well as keeping your ideas fresh in the minds of investors. Last year it would take us months on average to accomplish this while now we are doing it in months. Hi {FirstName}. Related reading: Startup Metrics You Need to Monitor. We've also been . Expanded carrier support for numerous carriers throughout South America and Europe. Get customized services to help support your global business. So far we are happy with our start having <# of customers> on board representing , but we know there is so much more opportunity ahead. VCs are drowning in email, and the same is true of associates. Would work for you?Cheers. and engineer having worked in fintech, devtools and SaaS over at Lantern, LinkedIn, Dialpad and more. Check out an example below: Ask are potentially the most beneficial aspect on an investor update. I made over $5,000 from my Starter Story membership in a week! Post on crowdfunding platforms to get investors. Business email address * I'm ready to talk to someone about a workspace solution for me or my team. Do you want to set up a discovery call with the investor? Were you interested in learning more about {Company Name}? Hey! I heard/read your interview/post/talk and your point about {key point} really stuck home. Here are some examples: As we mentioned above determining what metrics to share is up to you and your investors. [Target audience] struggles with [audience pain point], and [product name] helps solve this problem by [how your product solves pain point]. Put simply, an investors (venture capitalist) job is to deploy limited partners capital by investing in startups, generate excess returns, and pay back their limited partners with the hopes of doing it again. Investor update email template How to write an investor update Stressing over how to write an investor update? We are working on some exciting products which will make doing truly simple. You can use platforms like OpenVC.app to research what kind of stages, companies, and geographies these VCs are investing in. The Finmark Blog is here to educate founders on key financial metrics, startup best practices, and everything else to give you the confidence to drive your business forward. Below we detail the most common questions for investments-related email. In our own research, we have found that companies that regularly communicate with their investors are twice as likely to raise follow on funding. It is easy to go with the one that has been transparent and has made an effort to build a relationship. We also decided to delay the launch of our website/branding a few weeks longer, but we are very close. We handle everything from fulfillment to logistics, which allows us to take a larger transaction fee of 25-35% and helps streamline costs so that we can offer free delivery. That shows that you have done your research, and the likelihood of getting an answer is way higher. Kevin here, founder and CEO of SmartDiver, a dive planning app that uses AI to help divers find the best dive location based on conditions, proximity, and the cost-effectiveness of travel options. It's an exciting time for because . These more junior team members can often be overlooked but play a critical role as scouts and sources of deal-flow for their respective funds and internal advocates for your company. Summary in numbers Numbers speak better than long sentences. by Alejandro Cremades How to write the perfect email to investors as an entrepreneur? This section could be broken up into sub-sections based on your own preference. Id love for you to get to know our company early, before we start looking to raise money, as there could one day be a good fit for us to discuss a potential investment, based on my understanding of your funds thesis, sector, geo, and check size. title=Thinking If You Are Still Interested On Our Offer Achieved $3mm volume & $90k revenue in last 2 quarters ($5mm revenue expected by end of year); and is, 3. This is less needed if the recipient is your investor, but much more so if you want them to become one. Dasht is a no-code business management platform for the growing number service-based SMBs & solopreneurs globally. 500? For more ideas, check out our investor update template library here. This email template is suitable for companies who have previously raised a pre-seed round, and are looking to take growth to the next level with a seed round. Pro tip: Include a light version of your pitch deck that investors can circulate with investors they can make an intro to. Use Visible to Kick Off Your Fundraising Process. Never email investors the following: Lengthy introductions: Just like startup founders, investors are incredibly busy. Were [age], weve raised [$] in seed funding, and have [most impressive result]. How to grow your network before you need to raise money Early stage founders often ask me for advice on the best ways to raise money. By way of background, were a [location]-based company that [short description]. Id love to schedule another chat to review your questions. Attach a pitch deck upfront 5. In your third sentence, you should describe to the investor youre emailing exactly what it is youre looking for. Weve currently raised , but it would be great to have you and your expertise on board as well., Hi ,Im the founder of and noticed recently backed two enterprise software startups: and . Investors know other investors. The key with the Email Pitch is to follow the system and make it count. Our current customers include NBC, HBO, Western Union, Hearst, DirectTV, and Dior. Its even harder if you dont already have relationships with investors. So if its via cold email, that's also fine, and you will find hundreds of stories online where one email leads to getting an investment. I look forward to hearing from you and appreciate your consideration. Learn from founders and find your next idea. Robert here, CEO and cofounder at RacketPal. The biggest value add for a business? This content is presented as is, and is not intended to provide tax, legal or financial advice. Your investment portfolio is missing something Investors: The Blockchain is Disrupting Industries Around the World, A Complete Guide to Angel Investing (And How to Get Started), Discover our unique portfolio of private startups. Depending on your company goals and KPIs, the number of active users could be valuable to understanding growth. I'm a second time founder (acq.) Our 4,418 case studies break down these exact questions. How to Use Visible's Investor Outreach Email Template. We help mobility entrepreneurs in Africa protect their business and grow their income by accessing a digital, instant smartphone financing solution. Aaron recommends highlighting repeatable key performance indicators (KPIs) and major asks for your investors. Oops, we ran into an error loading the form, please check back later. Your goal is to sustain and grow your network. struggles with , and helps solve this problem by . - Our revenue grew 4x last year despite the pandemic and we are set for another 4x growth this year. Generating solid margins is a must for any successful business. Youre not asking for money, and youre not asking for a meeting. As always, feel free to reply back to this email with any questions or give me a call at 123.456.7890.. I feel great about our cash position. Getting connected with potential investors for your . Your investors are in the deal-making business and likely have a knack for closing deals. They either personally know or know of someone who could help in some shape or form. We are also on now, trending strong at X/5. . Our NPS is . Our goal is to . Along the lines of sharing individual kudos, it is also a great time to highlight new hires. The secret weapon? Choose from featured playlists. Think early about the network youll need in the long term, building investor connections before you even need seed money. What you shouldn't email investors When you connect with investors by email, take care to avoid a few substantial issues. My name is . Investor outreach email template While we recommend crafting your emails from scratch (to ensure they reflect your own voice and are hyper-personalized to your audience), we do understand the need to get started quickly. Some VCs are investing in software, some only in Biotech. Founders know were startup experts.Learn more. For investors its vital to see how you're doing and for advisors its great to inform the advice they will give you.>, - and launched our beta version last month via ProductHunt - it even became hunt of the day! Investor Update Templates: How To Streamline Your Check-Ins, Investor Update Template Real Life Example, Get Started with a Visible Update Template, 3 Tips for Cold Emailing Potential Investors + Outreach Email Template, Investor Relationship Management 101: How to Manage Your Startups Interactions with Investors, Founder Collective Fill-in-the-Blank Investor Update Email Template, The Visible Standard Investor Update Email Template, https://visible.vc/wp-content/uploads/2022/08/Brett--Investor-Updates-Made-by-Headliner.mp4, Customer Acquisition Cost (CAC): A Critical Metrics for Founders, key metrics every company should be tracking, 6 Helpful Networking Tips for Connecting With Investors, Best Practices for Creating a Top-Notch Investment Presentation, Creating Momentum in Your Fundraise with Brett Brohl, The Supply & Demand of VC with Kenn So of Shasta Ventures, The State of Revenue Retention with Patrick Campbell, CEO of ProfitWell, How To Manage Remote Teams: 16 Tips From a Remote Startup. A couple of key areas we see founders have the most success: From our article, You Should be Asking Your Investors for Help. Lets say we are a seed stage SaaS company that has recently raised $1M and we are starting to scale revenue: First things first, we need to write an introduction. By sending regular investor updates you can stay top of mind for your investors and tap into their knowledge, resources, and capital to continue to grow your business. I wanted to reach out because we feel like a great fit for - a B2B SaaS product with a technical founding team (one engineer and one PM who's used to being the most technical one on the product team). We're raising an angel round to capitalize on our current momentum and positive feedback from our users. I am the co-founder of Bonded. We are big on data. An Learn more about starting a startup business: -> How much does it cost to start a startup business? -> Marketing ideas for a startup business. Over the next few months we expect to . Through our platform, current and budding entrepreneurs will be able to start, grow and operate their businesses all within Dasht. Avoid writing long intros to your emails. How much money are you making? Shes coming over from , where she was , Record number of applications for the month (XX), Record number of API calls for the month (XX), up from XX in May, Negotiated better contracts with X vendors to increase margins on , Released and for , Transitioned to a new design system, which will, Completed designs on new data analysis, which will, Did not hit the target for revenue ($XX), down to ~$XX, below target for the month, Revenue fell from $X per to $X per due to new feature/product releases, Average deal size decreased to $XX which was the 2nd lowest of the year, Did not switch over to new website yet, will be doing this over the next couple weeks, Delayed start of development of to next month, Fill senior Marketing, Sales, and Customer Success roles, Still looking for great frontend and backend engineers, Wed love to speak with anyone who is thinking about launching any kind of that requires any , , , , , , , <10 million users in Manhattan>, . Check out these related articles that may be of interest to you. "How do you take the first step? 5. Raising our seed round of 2m to build the largest and most engaged sports community in the world. If youre looking to get an idea of when founders using Visible send their Updates, check out our post, , Most Popular Times to Send Your Investor Update. How much runway do you have left at the time of writing this update? Filter emails by category Outreach Examples Update Ask Follow-Up Outreach Raising [$2M] for my [Consumer niche marketplace] startup Hi <Investor>, In this article, we provide you with 10 free templates you can send to potential investors in 2022. title=An Offer You Should Not Miss Investors want to know that youve done your research and that youre emailing them because you believe their firms interests and yours are aligned, not because youve emailed every VC in town to try and raise some money. We are market leaders in Denmark and have 160+ B2B customers (marinas) which brought us 27k+ users (boaters) in 19 countries. 2. First, congratulations! It's really taken our team to another level and it shows on what we've accomplished., Everyone is pumped and feels the momentum. Team: We are now XX+ members strong. Investors know other investors. Now I'm starting the funding process for a new company, [Your Thank you for your time,, Were you interested in learning more about ? Example Update investor email templates from top founders & VCs. This wouldve been a landmark deal for the company. We sell a wide range of categories from FMCG to F&B, but our niche focus is on the rapidly growing healthy/organics space, where we are the local online market leader. I heard/read your interview/post/talk and your point about really stuck home. Our CS function is evolving to help us hit market leading NPS and NRR next year. . Were looking to expand our ability to help CSMs by raising a Series A round. I cant believe August is already in the books. This email provides all the necessary details for me to forward to an investor. I suspect they are looking into using [Market Trend] better since many [Industry] investors are moving in that direction. In a crowded space building, strong relationships centered on trust and transparency is an easy way to stand out amongst other startups. - OnboardBuddy is a tool accessible to small- and medium businesses to easily bring new hires up to speed, with an emphasis not just on the "hard" onboarding (forms, trainings), but primarily on the "soft" (institutional knowledge, culture, team connections). You will be directed to a different website or mobile app that has its own terms of use, visitor agreement, security and privacy policies. Create a form email to invite potential investors to receive brief updates; send news and milestones to those who agree. Avoid superlatives. Join our community, get full access to courses, and get 1:1 help. By continuing, you agree to Finmark Terms of Service and Privacy Notice. If you're up for it, I'd love to schedule a meeting to go deeper. I came across No Such Ventures on OpenVC and loved the xy chart on your website. And, of course, do feel free to include me on your monthly updates as well! Always remember. One of the most exciting aspects of being a founder is sharing and celebrating your victories. Thats how the whole thing works. Obviously, your end goal is to raise a pre-seed or seed funding round, but your email should be more focused on the next step. Starting a conversation in this manner would look something like this: Were working on our MVP and are wondering whether we should prioritize building auction or classified listings?. Since our launch, weve generated over $500K in revenue and are seeing 5% growth month over month. Burn & Runway: Still projecting cash runway until assuming base case revenue growth. Weve exclusively negotiated discounts on 240+ tools that are proven to grow your business. Weve also included 7 of our favorite investor update templates. Remember, at this stage in your companys life, your primary goal when it comes to investors is to build a network of people who know your company and can follow its growth. For example, if during your research on the VC youre emailing, youve identified that theyre a fan of the Texas Longhorns, see if theyre playing this weekend. My name is Jarryd Faiers, I am co-founder of AOW (est. 1. The ecosystem is ripe for this any suggestions here would be welcome. The email is an opportunity to let people know what your priorities are and where you need help. Dont expect recipients to reply with advice or introductions, but by including these you at least give them the opportunity to, and youre slowly creating a relationship filled with content and context. Youll have another update there in a few weeks. I would love to continue our conversation before the round closes, would <2pm Oct 7> work for you?Cheers, . Please consult your advisor with any questions. All the work we've done over the last year and half is paying off. Keep track of which investors have viewed your updates. At event the other day & heard VC tell founders, dont cold email, we wont look at it. Combination of shock & horror felt by me here. Changing metric names or what you are reporting can be an easy way to break trust with investors. Built integration with XYZ (not yet announced). Subject: [My company name] Updates to [Fund Name]. Step 1. This should include things like new hires, product updates, and growth (always try to quantify if you can!). Member FDIC. What Pat Walls has built with Starter Story is awesome. Investors empathise with that and can even offer additional support on the points that are not going so well. - We are raising $4 million to support our growth in EM. If you found this helpful, please check out our Startup Insights page for more advice. Related Resource: Best Practices for Creating a Top-Notch Investment Presentation We have found that companies that regularly send investor updates double their chances of raising follow on funding. Youll get access to courses, frameworks, weekly live events, alongside a group of people that genuinely want you to succeed. Wed love to work with because . 100% real, all sent via OpenVC in 2022. [Your name] here, we met at [remind the investor how you know each other], where we talked about [your product name], a [product category] that [what your product does]. terms of our. Simply fill out the bolded sections and have your investor Updates out the door in no time. However, you can boost your chances by finding a quick personal connection with the investor. Our burn is up and we'll be out of money by , Get this round down and put money in the bank account., We've also got to finish strong. Is this something your team is interested in? Many things are tracking well, but some challenges were working through. How much does it cost to start a startup business? said they were told about said they told at least people about . Weve followed up with XYZ to learn what we could have done better and will be incorporating their feedback in March and April.>, , , , offer compression software and has generated more than $1.5mm in revenue from 20+ customer since going to market. We have a term sheet from a very good VC on Sand Hill Road, and we are looking for an additional investor. My name is Angie, Im the founder of RetentionHub. 1m committed. Interested in investing in a conversational AI platform for doctors? For a better web experience - please upgrade your browser toGoogle Chrome, "Associates are more likely to closely read messages from a founder", Ive decided to build a company and am learning how much there is to do just to get off the ground. Please let me know how you would like to proceed. VC fund associates. In short, is . Writing an email to an investor can be time-consuming, especially if youve never done it before and youre starting from scratch. What do you see as the next step here? After you have sent out your investment proposal letters, wait a week or two and send out thank you notes to those you asked to invest. Step 1: Do Your Homework Before You Email I cannot stress this enough: the likelihood of your email going straight to the bin increases the more your level of personalization decreases. Raising money for your seed-stage startup is hard. The current iteration of what we do is called q-commerce, where we operate hyper-localized warehouses that store products that we could then bundle for quick delivery. Let's Talk About the Money in Your Startup, This startup will change the way you think about enterprise software. Would you be available for a quick intro call? This month, were focusing on [new focus]. I am Kenneth, CEO of Dasht (http://dasht.io/). is joining as our new . Just saw the news about [trigger event]. Crafting an investor email template to send out to angel investors or venture capitalists can help you make a memorable impression and increase the likelihood of getting your startup funded. Even if your investors are not interested in committing follow-on capital, they may be able to introduce you to other investors they know. My co-founder Shlomi, has also a track record with exits and domain expertise in MarTech. Cut any rambling text. As you should be sharing other a few metrics with investors, it is important to keep tabs here. SVB's values guide our actions, from our approach to supporting small businesses to community engagement to our ESG reporting. Thats why a milestone based email can work well. Quick update here - we now have <$700k spoken for out of the $1M> target for this round with committing this week. We're currently in our Seed round of investment and see Versus Africa as a great fit with your investment thesis. We raised $1.8mm pre-seed last year (including from Coinbase Ventures), have 40% of our seed round committed, & believe Expa might be a great fit to help & challenge us. Thanks to Michelle for the advice on our pricing, it helped increase our margins!>. This is not a time to spray and pray. You have < 30s to make an impression. Just checking in to see if is a potential fit for your teams portfolio. So if you want to make a lasting impression with your investor emails, keep reading! We are thrilled at the progress we've seen so far, and are grateful that you are taking this journey with us. We are stretched really thin though and while it's been awesome seeing everyone step up, I do worry about fatigue setting in at some point., The graph on the left shows the huge rise in and the graph on the right shows the decrease in customer support tickets as . Friendly follow up. This email isnt the same as the one youd send to investors, but its close. Looking forward to hearing from you! Ask questions, get advice, uncover deeper insights on case studies, and get exclusive access to our private founder directory. At the same time we are preparing to take advantage of a massive surge for , Please take a look at the list of investors we are lining up - . Ive also attached our monthly cohort analysis, and our deck from the meeting. Because we get feedback on whether or not the expenses we flagged turned out to be fraudulent, our prediction models are becoming more and more accurate every day. We are now X member-strong and are building out motions for onboarding, success, and support to streamline customer ops. In hand with tapping into their network investors are a great resource when it comes to hiring top talent. It will literally make or break your startup venture. Most importantly, this gives your investors an opportunity to step in and help to keep you moving in the right direction. Before you send your email, do some research on the investor and their firm (if theyre a venture capitalist), and look to identify: Then, explain why you believe you and the investor are a good fit to work together: Lastly, it may be helpful to the investor if you attach your pitch deck to the email. This month, were focusing on