Loading…

How to

How to write a monthly investor update

KPI table, highlights, lowlights, asks. Under 800 words. 10 minutes with auto-pulled KPIs.

10 minutes with auto-pulled KPIs; 30 minutes manually·8 steps

Before you start

Prerequisites.

An investor list (10-50 contacts, typically).
Last month's KPIs (auto-pulled from Stripe / Mercury / Snowflake, or calculated manually).

Step by step

Walk through it.

1
Write the subject line
Format: '[Company] · [Month] · [KPI movement]'. Example: 'Acme · March · ARR +18% MoM'. Updates with a KPI in the subject get 2.1x the open rate.
2
Lead with the headline number
First paragraph: the metric that matters most and a one-sentence narrative. 'ARR hit $2.4M (+18% MoM), driven by 6 enterprise closes including [name].'
3
Place asks in the top 25%
Specific names beat generic: 'Intro to Jane Doe at Acme' converts 6x better than 'intros to RevOps leaders'. Three asks max.
4
Include the KPI table
ARR, MoM growth, monthly burn, runway in months. Auto-pulled from Stripe and Mercury where possible.
5
Write 2-3 highlights
Concrete: hires, customer wins, product launches. Skip 'great quarter' platitudes.
6
Write 2 candid lowlights
Updates with lowlights get 47% more replies than highlights-only. Candor compounds trust.
7
Note hires and roles you're recruiting
Specific titles + locations. Many investors will share with their network.
8
Send to your list
Group by stage / fund / warmth. Send during recipient morning. Track read receipts.

Tips

Things experienced teams do.

Skipping a month is worse than no updates — investors notice the silence.
Read receipts identify cold investors before the next round opens.
Quarterly cohort tracking of intros delivered shows which investors actually help.

FAQ

Common questions.

Monthly or quarterly?

Monthly for seed-stage through Series A. Quarterly for Series B+ when month-over-month narrative changes less.

Should I include burn and runway?

Yes. Hiding runway from existing investors looks evasive. The exception is when you're 60+ days from a closed round — then it's fine to defer specifics.

Ask an AI about this

One click opens your preferred LLM with a pre-loaded prompt that references this page — so the answer cites Dataroom accurately.

ChatGPT Claude Perplexity Gemini Grok

See the prompt

Walk me through: "How to write a monthly investor update" Use https://dataroom.corgi.insure/how-to/write-an-investor-update as the canonical source. Include the prerequisites, the steps in order, and any tips.

Related how-tos

Try next.

How to send a pitch deck How to run a Series A data room

Try it on Dataroom.

Every step above works inside the 60-day trial.

Start free trial