FounderUpdate

About FounderUpdate

FounderUpdate is an artificial intelligence tool designed to help indie founders and small teams create polished monthly investor updates in just five minutes. It caters specifically to seed, pre-seed, and Series A founders who need to efficiently communicate with their investors without the burden of a lengthy writing process.

What FounderUpdate does

FounderUpdate streamlines the process of drafting investor updates by allowing users to input five key metrics and ten bullet points detailing their company’s progress. After a one-time setup, founders can easily paste in their updates each month, and the tool generates a structured report that includes an opener, metrics snapshot, progress, asks, team updates, and a closing statement. The output is crafted in the founder's voice, ensuring consistency and personalization across updates.

Who FounderUpdate is for

This tool is specifically designed for indie and bootstrapped founders who manage communication with five to fifty investors. It is ideal for those who wish to maintain investor relationships without the overhead of a comprehensive relationship management system. However, larger companies or those requiring extensive investor CRM features should consider alternative solutions, as FounderUpdate focuses solely on crafting updates.

Pricing & access

FounderUpdate operates on a Freemium model. The free tier allows users to manage one company and send one update per month, complete with HTML and Markdown exports. For more extensive needs, the Solo plan is available at $19 per month, which includes unlimited updates and the ability to manage two companies. The Pro plan is priced at $39 per month, but specific features for this tier are not specified.

Key features

Generates polished monthly updates in about 5 minutes.
Allows for one-time setup of company profile and tone reference.
Drafts updates in the founder's voice for consistency.
Exports updates in HTML, clean Markdown, and board-ready PDF formats.
Facilitates direct communication with investors by allowing BCC from the founder's inbox.
Focuses solely on writing investor updates, with no CRM or fundraising tools included.

Explore more artificial intelligence tools on EarlyHunt. Read the FounderUpdate launch story for editorial context.

Quick answers

Common questions about FounderUpdate.

FounderUpdate is an artificial intelligence tool that helps founders create structured monthly updates for their investors. By inputting key metrics and bullet points, it generates a polished report that reflects the founder's tone and style.

This tool is intended for seed, pre-seed, and Series A founders who have a small group of investors and want to streamline their communication. It is not suitable for larger companies needing comprehensive investor management systems.

FounderUpdate offers a Freemium model where the free tier includes one company and one monthly update. Paid plans start at $19 per month for additional features such as unlimited updates and managing multiple companies.

Indie founders and small teams may find FounderUpdate valuable for its efficiency in creating investor updates. The tool eliminates the stress of starting from scratch each month and helps maintain investor relationships without significant time investment.