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Fundraising
Investor Update (Monthly)
The monthly investor update that builds trust instead of erodes it.
Last updated May 19, 2026
What it is
A short, structured email founders send to investors monthly. Builds trust over rounds; bad updates destroy it.
When to use it
Every month, the same day. Whether things are going well or badly. Missing updates is worse than bad updates.
The template
# Investor Update — [Month YYYY] **Company:** [NAME] **Sent:** [DATE] **Runway:** [X months] · **Cash on hand:** $[X] --- ## Headline *One sentence. The most important thing this month.* > [Example: "Closed our first enterprise customer at $48k ACV; product roadmap shifts to support multi-seat deployments next quarter."] --- ## Metrics (same every month, never swap when one looks bad) - MRR (or revenue): $___ ( ___% MoM) - Paying customers: ___ ( ___ net new) - Gross margin: ___% - Net burn: $___ - Runway: ___ months - [Any business-specific metric, e.g. active users, churn] --- ## What worked - [Bullet 1] - [Bullet 2] - [Bullet 3] --- ## What didn't - [Bullet 1 — be honest; investors trust honesty] - [Bullet 2] - [Bullet 3] --- ## The big call I'm about to make *One paragraph on the most important decision in front of us right now. Not asking for permission — showing you how I'm thinking.* [Decision context, the options considered, the direction I'm leaning, the date by which I'll commit.] --- ## Asks - **Hires:** Looking for [role]. Best person you know? - **Intros:** [Specific company / person, why useful] - **Advice:** [Specific topic where outside perspective would help] --- ## Wins worth noting - Customer quote: "[short quote]" - Press / launch: [if any] - Product ship: [what shipped] --- Thanks for your support. — [FOUNDER NAME]
Common mistakes
- Skipping the update when things are going badly — investors notice the silence
- Swapping out metrics when one looks bad — destroys trust faster than the bad number itself
- No asks — wastes the network of people who'd help if you let them
- Inflated claims that don't survive the next month's update
Related tool
Investor Update BuilderRelated hub
Startup FundraisingRelated resource
Managing Up — Your Investors