How to send business proposal mail to startup angels
Sending a business proposal to startup angels requires a well-crafted email that showcases your startup's potential, highlights its unique value proposition, and demonstrates your preparedness for investment. Here's a step-by-step guide to help you write a compelling business proposal email to send to startup angels:
Before you start:
- Research the startup angel: Look up the angel's investment portfolio, interests, and preferences to ensure your startup aligns with their investment thesis.
- Prepare your pitch: Develop a concise, 2-3 minute pitch that summarizes your startup's mission, product, market, traction, and financials.
- Update your pitch deck: Ensure your pitch deck is visually appealing, easy to understand, and includes key metrics and data.
The Business Proposal Email:
Subject: [Your Startup Name] - [Briefly describe your startup]
Dear [Angel's Name],
I hope this email finds you well. My name is [Your Name], and I am the [Your Title] of [Your Startup Name], a [briefly describe your startup and its mission].
I came across your profile and was impressed by your investment portfolio and interests in [specific areas of interest]. Our startup, [Your Startup Name], is a [briefly describe your startup and its unique value proposition].
We are seeking [amount] in funding to [specifically state how you plan to use the funds]. Our current traction includes [key metrics and achievements], and we believe our solution has the potential to [specifically state the impact you expect to make].
I would like to invite you to review our pitch deck and learn more about our startup. If you're interested, I'd be happy to schedule a call to discuss further.
Please find our pitch deck attached to this email. I look forward to the opportunity to discuss [Your Startup Name] with you.
Best regards,
[Your Name]
Additional Tips:
- Keep the email concise and to the point.
- Use a clear and professional subject line.
- Address the angel by name, if possible.
- Highlight your startup's unique value proposition and competitive advantage.
- Include a clear call-to-action (e.g., scheduling a call or reviewing the pitch deck).
- Proofread your email for grammar, spelling, and formatting errors.
- Attach your pitch deck and any other relevant documents (e.g., financials, market research).
Follow-up:
- Send a follow-up email after 7-10 days if you haven't received a response.
- Be prepared to answer follow-up questions and provide additional information.
- Be respectful of the angel's time and don't be pushy or aggressive.
Remember that sending a business proposal to startup angels is just the first step. Be prepared to showcase your startup's potential and demonstrate your preparedness for investment. Good luck!