Before you score anyone, you must understand the power dynamic. A
Lead Investor sets the price, negotiates the terms, and writes the largest check. They are the catalyst. A
Follow Investor only commits capital after a Lead has secured the round.
The Trap: Founders often waste months pitching Follow investors who reply with "Love it, come back when you have a lead." Your scoring model must heavily penalize "Follow-only" investors because they cannot trigger your funding round.
The asset (copy this)Copy this table into Excel or Google Sheets. Map your Crunchbase CSV export columns to the "Data Source" column to automate your scoring.
The Investor Scoring MatrixSample Math:- Investor A: Lead Investor (5pts) + Last Deal 2 Months Ago (5pts) + Direct Sector Match (5pts) + No Geo Match (0pts) = 15 Points (Pitch Immediately).
- Investor B: Follow-only (1pt) + Last Deal 8 Months Ago (0pt) + Generic Sector (1pt) + Perfect Geo (3pts) = 5 Points (Ignore).
Once you apply the formula, your list will naturally segment itself. Do not lower the bar just to feel busy.
- 15–21 Points (Top 1%): These are active leads who buy what you sell. Pitch them manually with high personalization.
- 10–14 Points (The Middle): These are likely Follow investors or active funds with a loose thesis match. Keep them for your second wave of outreach.
- 0–9 Points (The Noise): Delete them. They are either dormant (Zombie Funds) or structural misfits.