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Investor Map

BLUEPRINT — every business spun up from the factory inherits this template. Instance data lives in .invisible/ventures/{slug}/finance/. Never hardcode a business name, fund name, or partner contact in this file.

Distribution wins raises. Most founders spray-and-pray. The investor map applies ICP thinking to the investor universe — treat fund selection the same way you treat customer selection. Score for fit before reaching out. Warm paths over cold every time.

Business Alignment

QuestionAnswer
Venture name[instance: name]
Raise stagepre-seed / seed / Series A / bridge
Check size sought$X – $Y per investor
Round size$Z total
ConvictionHIGH / MEDIUM / LOW / NONE

ICP for Investors

Before listing anyone, define the investor you want.

DimensionTargetWhy it matters
Stage focus[stage name]Pre-seed investor ≠ Series B investor — different math
Check size$X – $YBelow their minimum: no attention. Above their max: wrong fund
Sector thesis[specific area]Generalist vs specialist matters for value-add
Geography[region]Many funds require local presence or invest-locally
Value-add[network / expertise / hiring / intros]What they bring beyond capital
Board seat expectationYes / NoControl trade-off

Thesis Scoring

Score 20–50 target funds across four dimensions. Each 1–5. Evidence required.

FundStage fitSector fitCheck sizeWarm pathTotalNotes
  • Stage fit — Do they lead at your stage?
  • Sector fit — Have they invested in 3+ companies in your space?
  • Check size — Does your round size match their sweet spot?
  • Warm path — Do you have a credible intro?

Minimum score threshold: 16/20. Below that — don't waste the meeting.

Partner Research

For each fund above threshold, research the partner who'd own the deal.

PartnerFundRecent dealsBoard seatsThesis signalWarm intro via

The partner test: can you name three investments they led in the last 18 months and explain why? If not — you haven't researched them.

Warm Intro Routing

Cold outbound converts at 1–3%. Warm intro at 20–40%. Map every path.

Target partnerBest intro sourceRelationship strengthStatusNext step

Relationship strength:

  • Strong — intro source has worked with target, would recommend unprompted
  • Medium — intro source knows target, would forward a clean ask
  • Weak — intro source has met target once, would need convincing

Outreach Sequence

Per target fund:

StepActionTiming
1Warm intro request to sourceWeek 0
2Target partner receives introWeek 1
3First call bookedWeek 1–2
4Partner meeting (if first call warm)Week 2–3
5Full partnership pitchWeek 3–5
6Term sheet or passWeek 4–6

If step 3 takes more than two weeks: the intro was weaker than advertised. Move on.

Rejection-to-Improvement Loop

Every pass is diligence feedback. Capture it.

FundPass reasonPattern?Pitch update triggered

Pattern threshold: if 3+ investors cite the same concern, the pitch has a real gap — not a fit problem. Stop outreach, rewrite, restart.

Tracking

MetricTargetCurrent
Funds scored30+
Funds above threshold15+
Warm paths identified10+
First meetings booked8+
Second meetings4+
Term sheets1–3

Receipt

On completion, investor-mapper writes a receipt to .invisible/context/receipts/ with:

  • factory_instance_id = parent factory
  • business_id = this venture slug
  • phase = pitch
  • task_id = pitch.5
  • Primary artefact = .invisible/ventures/{slug}/finance/investor-map.md

Context

Questions

  • Which investor on your list would you most want to work with for 10 years — and are you pitching them first or last?
  • What's the smallest round size that gets you to the next milestone without over-dilution?
  • Which pass reason, if you hear it twice, forces a pitch rewrite before continuing outreach?