Fundraising is a process, not an event. Here is the full timeline for a 2026 seed raise: what to do from twelve months out to the wire, the 90-day active sprint week by week, and the benchmarks that tell you if you are on track.
Most founders start at the wrong moment: out of runway, pitch half-ready, list improvised. The founders who raise quickly start the clock months earlier. This timeline maps the whole journey so you always know what to do next.
Build the evidence that makes a cheque rational: traction, a sharp market, a credible team. Start informal investor conversations now, long before you raise, so you are a known name when you do. See the validation stage ›
Create the three documents: a 12-slide deck, a bottom-up financial model, and a tight executive summary. Get them reviewed by a few founders who recently raised. Pitch deck guide Β· Financial model guide
Assemble 100 to 200 targeted investors, filtered by sector, stage, geography and recency, and line up warm introductions. This is the work that decides whether outreach converts. Build your list from the database ›
Run the 90-day sprint below: personalised sequences, disciplined follow-up, parallel conversations, and a CRM so nothing slips. This is where momentum is won or lost.
Negotiate terms, run parallel due-diligence tracks, and use momentum to compress timelines. For UK founders, lead with SEIS/EIS. See the closing playbook ›
Once the deck, model and list are ready, the active raise should be a focused, time-boxed sprint. Dragging it over six months kills momentum.
| Window | Focus | Target output |
|---|---|---|
| Week 1β2 | Finalise deck, model, data room. Lock the 100β200 list. Line up warm intros. | Everything ready to send |
| Week 2β3 | Launch strong-fit and possible-fit outreach to sharpen the pitch. | First replies & meetings |
| Week 3β5 | Open your dream-fit investors with a hot pipeline behind you. | 5β8 first meetings |
| Week 5β8 | Second meetings, partner meetings, early diligence. Keep tracks parallel. | Diligence with 2β3 |
| Week 8β10 | Negotiate term sheets; use momentum to compress timelines. | 1β3 term sheets |
| Week 10β12 | Sign the lead, fill the round, legals and closing. | Round closed, wired |
Use these as a directional health check. If you are well below, the problem is almost always targeting or messaging, not the market.
| Metric | Weak | Healthy | Strong |
|---|---|---|---|
| Cold email reply rate | < 3% | 3β5% | > 5% |
| Reply β meeting | < 20% | 30β40% | 50%+ |
| Meeting β second meeting | < 25% | 35β50% | 60%+ |
| Warm intro β meeting | < 40% | 50β65% | 70%+ |
Grants, R&D credits and venture debt now form the first layer of the stack, so founders raise equity from strength. Grants Β· Debt
Family offices increasingly write seed and Series A cheques with flexible terms and no fund-timeline pressure. Explore family offices ›
Small teams now run professional, personalised outreach at scale with automation and an AI CRM. See how ›
Starting on a deadline with two months of runway. Dragging the sprint past 90 days until momentum dies. Too small a funnel: 30 investors rarely yields a term sheet. No warm-up: meeting investors for the first time the week you start raising.
The deck, the model, and the strategy only matter once they are in front of the right investors. Search 120,000+ investor profiles filtered by sector, stage and geography, with reply-rate benchmarks built into every profile. Free, no credit card required.
The median seed round takes 3 to 6 months from first outreach to money in the bank, after several months of preparation. The active outreach sprint itself should be time-boxed to around 90 days.
Begin 6 to 12 months before you need the money, and start active outreach with 9 to 12 months of runway left. Raising with two months of cash weakens your position.
Around 90 days. A focused, time-boxed sprint creates urgency and momentum; a raise that drags over six months signals that something is wrong.
Founders increasingly stack non-dilutive capital with equity, family offices have become a major source of seed and Series A cheques, and AI tooling lets small teams run professional outreach at scale.
Enjoy our Free Plan! And start searching for investors right away
