# From Start to Finish: A Timeline of the Fundraising Process

At Seedrs, we often get asked by Founders what the fundraising process looks
like, and when they should start planning for it. Our answer is always the same:
start planning as soon as possible. Simply put, the better you prepare, the more
successful your round will be. To paint a picture of what good preparation looks
like, we asked Campaigns Lead Scott Simpkin to talk us through the steps to
preparing and executing a successful crowdfunding campaign.


TIMELINE OF THE FUNDRAISING PROCESS


6 MONTHS OUT

 1. Work out how much money you need
    [https://www.seedrs.com/academy/how-much-funding-should-you-raise-3-things-to-think-about/]
    to reach the next level. It’s good to have a minimum and maximum.

 2. Write a pitch deck or investment memorandum explaining your story, and how
    you’re going to use this money to reach new heights. Some helpful resources:
    
    * Pitch Deck Examples [https://www.seedrs.com/academy/pitch-deck-examples/]
    
    * Pitch Deck Template
      [https://www.seedrs.com/academy/investment-pitch-deck-template/]
    
    * A Guide to Pitch Deck Design
      [https://www.seedrs.com/academy/how-to-design-your-startups-pitch-deck-and-craft-its-content/]

 3. Go to trusted individuals in your network and get feedback on your deck.
    This also has the dual effect of letting people know you’re fundraising
    without bluntly asking them to invest.


5 MONTHS OUT

 4. Start arranging investment meetings with your network. Useful resources:
    
    * 7 Top Tips for a Great Pitch
      [https://www.seedrs.com/academy/7-top-tips-for-a-great-pitch/]
    
    * How to Find, Approach and Pitch to Angel Investors
      [https://www.seedrs.com/academy/how-to-find-approach-and-pitch-to-angel-investors/]
    
    * Top 22 UK Active Angel Investor Networks
      [https://www.seedrs.com/academy/top-22-uk-active-angel-investor-networks/]

 5. Get an initial commitment; only verbal required. Keep booking meetings.


4 MONTHS OUT

START YOUR CROWDFUNDING JOURNEY (to extend your network)

 6. Apply to raise [https://www.seedrs.com/raise] and arrange a call with
    someone at Seedrs.

 7. Plan outreach to your community and extended network with initial
    information gained from the call. Useful resource:
    
    * Investor outreach: How to Turn Your Personal Network Into a Community of
      Investors
      [https://www.seedrs.com/academy/turn-personal-network-into-community-of-investors/]

 8. Have a strategy meeting with someone at Seedrs. At the end of this call, you
    should have a plan in place to distribute the crowdfunding campaign. Useful
    resource:
    
    * Planning Your Marketing Activity by Campaign Stage
      [https://www.seedrs.com/academy/planning-your-marketing-activity-by-campaign-stage/]


3 MONTHS OUT

 9.  Write your campaign pitch
     [https://www.seedrs.com/academy/writing-your-campaign-pitch/], and submit
     legal and DD information. Respond to review requests from the Seedrs team.

 10. Tell your community
     [https://www.seedrs.com/academy/how-to-customise-your-campaign-communication-by-investor-type/]
     you’re crowdfunding, collect initial interest (through a pre-registration
     page).

 11. Create your campaign video.


2 MONTHS OUT

 12. Go privately live on the platform and get all your community to invest in
     this “priority access” phase.

 13. Go publicly live. The investment is now available to everyone.

 14. Ensure EVERYONE knows
     [https://www.seedrs.com/academy/3-tips-to-get-your-campaigns-social-media-timing-and-content-right/]
     about your campaign. Customers, friends, family, LinkedIn contacts,
     acquaintances, dogs. If people don’t know about your campaign they can’t
     invest.


14 DAYS OUT

 15. Close your campaign. Investment documentation is drafted and signed.

 16. The money lands in your bank account – JOB DONE!