Venture Capital Tracker

Typical Seed Fundraising Timeline

What “raising for 3 months” usually looks like week by week.

1. Target list built80
Thesis-fit funds + angels
2. First conversations35
Intros + inbound

44% of previous stage

3. Partner / deep dives12
Second meetings

34% of previous stage

4. Term sheets / soft circles3
Serious interest

25% of previous stage

5. Lead closed1
Then fill the round

33% of previous stage

Conversion rates are illustrative. Track your own funnel — reply rate and partner-meeting conversion vary wildly by network quality.

Source: Common seed process heuristicsIndicative timeline for a focused US seed raise with a lead. Warm intros and existing relationships compress this; cold outreach extends it.

Embed from venturecapitaltracker.com