1. Calculate your contact target
Defaults reflect typical cold LP outreach benchmarks. Adjust to match your own conversion data if you have it.
2. Check database coverage
Select the investor types relevant to your raise. We'll show how many match in Altura Data's database.
How this calculation works
The planner works backward from your fundraising goal:
- Commitments needed = target raise ÷ average check size
- Meetings needed = commitments needed ÷ meeting-to-commitment rate
- Contacts to reach out to = meetings needed ÷ response rate
This is a standard outbound funnel model. It's a planning estimate, not a guarantee — actual conversion depends heavily on how well-targeted your contact list is, the quality of your warm intros, and the strength of your pitch. Well-targeted outreach (correct investor type, stage, and check size fit) consistently outperforms generic mass outreach.
Get the contacts behind these numbers
Altura Data's investor database gives you verified, structured contacts — filterable by type, geography, stage, and check size — ready to import into your CRM today.
Frequently asked questions
How many LP contacts do I need to raise a fund or round?
It depends on your target raise, average check size, and outreach conversion rates. As a rule of thumb, cold LP outreach converts at roughly 5–10% response rate and 15–25% meeting-to-commit rate. For a $10M raise at a $500K average check size, you typically need to contact 300–500+ qualified contacts to close 20 commitments. Use the calculator above for a number based on your own inputs.
What response rate should I expect from cold LP outreach?
Cold outreach to LPs and family offices typically sees response rates of 5–10% when contacts are well-targeted (correct investor type, stage focus, and check size fit) and emails are personalized. Generic mass outreach to unqualified contacts often falls below 3%. Warm introductions convert significantly higher, often 30%+.
How is "contacts needed" calculated?
The calculator works backward from your goal: target raise divided by average check size gives commitments needed. Commitments divided by your meeting-to-commit rate gives meetings needed. Meetings divided by your response rate gives the number of qualified contacts you need to reach out to.
Does Altura Data's database include both family offices and VCs?
Yes. The Full Investor Network includes 13,400+ contacts across family offices, VC firms acting as LPs, angel investors, private equity, and other institutional allocators. The Standard LP Pack focuses on 5,800+ family office and LP-type contacts specifically, and the Starter Pack offers a mixed 3,000-contact entry point across VCs, family offices, and angels.