Your Fundraise Profile
LPs Needed to Close 20
Monthly Meetings (DIY) 6
Meetings Needed to Close 100
Estimated Months (DIY) 17
Cost Comparison: 4 Ways to Raise Your Fund
Based on a $100M fund raise. All numbers update dynamically.
DIY Outreach
You do everything yourself
$221,000
total cost (your time)
$2,000 Cost per meeting
17 mo Timeline
1,105 hrs Your time invested
- Full time commitment from GP
- No investor intelligence layer
- Manual research & personalization
- No fees paid to third parties
LP Database + DIY
Preqin, PitchBook, or Dakota
$246,000
total cost (subscription + your time)
$2,200 Cost per meeting
15 mo Timeline
$15-50K/yr Database subscription
- Access to LP contact data
- Stated mandate information
- Outreach still manual
- No engagement management
Placement Agent
Full-service, 2% success fee
$2,075,000
total cost (2% + retainer)
$20,750 Cost per meeting
12 mo Timeline
2.0% Of capital raised
- Established LP relationships
- Credibility signal for LPs
- Fees of 1.5-2.5% of capital
- 12-24 month tail provisions
Recommended
PipelineRoad
AI matching + managed outreach
From $5,000/mo
+ 1% of capital raised
~10 mo Estimated timeline
30+ Data sources
1% Of capital raised
- AI-powered thesis matching
- Managed outreach execution
- ~50% less than placement agents
- GP keeps full control
Placement Agent Cost on Your Fund
$2,075,000
That's what a 2% placement agent fee looks like on a $100M fund. PipelineRoad starts at $5K/mo + 1% of capital raised, roughly half the cost of a traditional placement agent, with no tail provisions.
See how much you'd save Methodology & Sources
This calculator estimates LP outreach costs based on your inputs. Industry benchmarks used:
- Average PE fundraise timeline: 26 months (source: PitchBook 2024 Fund Formation Report)
- First-time fund average: 17.5 months (source: PitchBook)
- Placement agent fees: typically 1.5-2.5% of capital raised with $75K average retainer (source: industry standard)
- LP database subscriptions: $15,000-$50,000+/year depending on provider and tier
- Meeting-to-commitment conversion: ~20% assumed (varies widely by strategy and track record)
This calculator provides estimates for planning purposes only. Actual results will vary based on fund strategy, GP track record, market conditions, and LP appetite. PipelineRoad timeline estimates assume AI-powered targeting improves meeting quality and conversion rates.
