Fundraising is the easiest way to increase the number of “No”s you hear on a daily basis. You know that. But if you’re tired of collecting those rejections, Martin Tobias of Incisive Ventures has launched a new offering called Investor Match. Which is expressly built to tell you which investors are more likely to add to your collection of “Yes”s.
According to GeekWire:
To use the tool, founders upload a pitch deck, and Investor Match returns 20 investors ranked by fit, based on stage, check size, geography and what each firm has actually backed. It also drafts outreach emails, but it doesn’t send them.
A free preview shows all 20 matches with fit scores, with the top three fully expanded.
The full list costs $20. Which Tobias says roughly covers the API costs of running it.
Tobias was pitched by ~4500 startups last year. He wrote 10 checks. That’s a 0.2% average of pitches to checks. But every investor is different. It’s just not always obvious to founders how they differ. That’s the opportunity here.
“Just because I wasn’t the right investor for that company doesn’t mean that the right investor wasn’t out there,” Tobias told GeekWire.
Founders have told him they’ve raised more than $100 million from investors they found through the platform. (But he acknowledged he can’t verify that since he can’t see that activity from the tool.)
Take the free preview for a spin at Investor Match.
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