Investor funnel calculator
Set the yeses that you need and the rate at each stage. See how many investors to contact and how long the first meetings take.
Simulator
How many investors to contact
Set the yeses that you need and the rate at each stage. See the size of the list that you must start with.
Contacts who answer and agree to talk.
Replies that become a first meeting.
First meetings that lead to a second meeting.
Second meetings that end with a commitment.
- Investors to contact
- 167
- One contact says yes
- 3.6%
- approximately 1 in 28
- Weeks of first meetings
- 8.4
- 67 meetings at 8 a week
Investors at each stage
- Contacted
- 167
- Replied
- 84
- First meeting
- 67
- Second meeting
- 20
- Said yes
- 6
To get 6 yeses, contact approximately 167 investors. At these rates, only 3.6% of the investors that you contact say yes.
That is more than the 60 to 120 names that one 2026 guide recommends. To use a shorter list, get better rates: ask for warm introductions, and show traction first. At 8 first meetings a week, the first meetings take approximately 8.4 weeks. Hold them close together, so that the answers come at the same time.