📉 Conversion Rate Decay Tracking
Fund III vs Fund I+II stage-to-close conversion rates | Refreshed 2026-08-13 06:03 CT
| Stage |
n (Fund III) |
Fund III Conv. |
F I+II Baseline |
Delta |
Trend |
| Contact Made |
164 |
26.2% |
3% |
+23.2pp |
▲ BETTER |
| Qualification |
90 |
47.8% |
5% |
+42.8pp |
▲ BETTER |
| GP Meeting Scheduled |
88 |
48.9% |
10% |
+38.9pp |
▲ BETTER |
| GP Meeting Completed |
85 |
50.6% |
15% |
+35.6pp |
▲ BETTER |
| Advanced Diligence |
62 |
69.4% |
35% |
+34.4pp |
▲ BETTER |
| Reserved Allocation |
54 |
79.6% |
65% |
+14.6pp |
▲ BETTER |
| Verbal Agreement |
48 |
89.6% |
80% |
+9.6pp |
▲ BETTER |
| Term Sheet Sent |
48 |
89.6% |
90% |
-0.4pp |
≈ SIMILAR |
⚠️ Methodology: Fund III conversion approximation uses current snapshot stage distribution. For precise historical rates, wire in HubSpot deal stage history via Events API. Figures will be recalculated automatically once Fund III has ≥10 closed deals per stage.
📌 Fund I+II baseline: Fund I+II baseline figures are placeholder estimates derived from venture fund fundraising benchmarks. To replace with actuals: pull all deals from Fund I and Fund II HubSpot pipelines (filter by pipelineId), reconstruct stage histories via the Events API (GET /events/v3/events?objectType=deal&eventType=propertyChange&propertyName=dealstage), then compute deals_that_reached_stage → closed_won rate.