DocSend recently partnered with Harvard Business School professor Tom Eisenmann to look at the pitch decks of companies that had raised $360 million in total. This is a good read for first time fund raisers.
Interestingly enough, despite what you’ve read about the “Series A crunch,” these later-stage rounds took less time than seed rounds. Companies in DocSend’s sample took 9.6 weeks to close an A round and only needed to contact an average of 26 investors. Of course, the sample size in this study very small so it is probably not representative, co-founder Russ Heddleston tells me.