HomeTemplatesEmail TemplatesVC/Investor Rejection (Pass)

VC/Investor Rejection (Pass)

Standard email from a VC declining to invest after a pitch.

📋 Template
Subject: Thanks for sharing [Company Name] with us

Hi [Founder Name],

Thank you so much for taking the time to share what you're building at [Company Name] with our team. We really enjoyed the conversation and learning about your vision for [Industry].

After discussing it internally, we've decided to pass on participating in this round. 

While we loved your traction with [Specific Client or Metric], we ultimately felt that [Reason: e.g., the market size is slightly too niche for our current fund thesis / it's a bit too early for our typical check size].

We will be cheering you on from the sidelines. Wishing you and the team massive success with the launch of [Upcoming Feature]. 

Best regards,
[Investor Name]

💡 Pro Tip

Founders respect honest feedback. Providing one specific reason (too early, outside thesis) helps them far more than a generic 'it's not a fit right now'.

📌 When to Use This Template

Venture Capital, Angel Investors

Need to customize this template?

Use our free AI Letter Generator to generate personalized versions instantly.

Try AI Letter Generator — Free →

More Email Templates

Interview Request (To Candidate)Welcome Email (SaaS)Client Referral RequestVendor Price NegotiationPR/Journalist Pitch Email