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
| Question | Answer |
|---|---|
| Venture name | [instance: name] |
| Raise stage | pre-seed / seed / Series A / bridge |
| Check size sought | $X – $Y per investor |
| Round size | $Z total |
| Conviction | HIGH / MEDIUM / LOW / NONE |
ICP for Investors
Before listing anyone, define the investor you want.
| Dimension | Target | Why it matters |
|---|---|---|
| Stage focus | [stage name] | Pre-seed investor ≠ Series B investor — different math |
| Check size | $X – $Y | Below 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 expectation | Yes / No | Control trade-off |
Thesis Scoring
Score 20–50 target funds across four dimensions. Each 1–5. Evidence required.
| Fund | Stage fit | Sector fit | Check size | Warm path | Total | Notes |
|---|
- 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.
| Partner | Fund | Recent deals | Board seats | Thesis signal | Warm 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 partner | Best intro source | Relationship strength | Status | Next 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:
| Step | Action | Timing |
|---|---|---|
| 1 | Warm intro request to source | Week 0 |
| 2 | Target partner receives intro | Week 1 |
| 3 | First call booked | Week 1–2 |
| 4 | Partner meeting (if first call warm) | Week 2–3 |
| 5 | Full partnership pitch | Week 3–5 |
| 6 | Term sheet or pass | Week 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.
| Fund | Pass reason | Pattern? | 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
| Metric | Target | Current |
|---|---|---|
| Funds scored | 30+ | |
| Funds above threshold | 15+ | |
| Warm paths identified | 10+ | |
| First meetings booked | 8+ | |
| Second meetings | 4+ | |
| Term sheets | 1–3 |
Receipt
On completion, investor-mapper writes a receipt to .invisible/context/receipts/ with:
factory_instance_id= parent factorybusiness_id= this venture slugphase=pitchtask_id=pitch.5- Primary artefact =
.invisible/ventures/{slug}/finance/investor-map.md
Context
- Pitch Deck — what each partner sees
- Data Room — what they access after the pitch
- Valuation Comps — the price they're signing up for
- Cap Table — the structure they're joining
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?