How to Pitch to a VC – The Best Venture Capital Pitch
October 19, 2019
How do your pitch a VC? What makes a venture capital pitch stand out? How do you pitch a venture capitalist? What makes a successful VC pitch?
Meet the Author: Benjamin Ball
Ben is the founder of Benjamin Ball Associates and leads the presentation coaching and pitch deck creation teams. Formerly a corporate financier in the City of London, for 20+ years he’s helped businesses win with better pitches and presentations, particularly investor pitches. He is a regular speaker and a guest lecturer at Columbia Business School and UCL London. Follow Ben on LinkedIn or visit the contact page.
The Challenge of a Venture Capital Pitch
Pitching to a venture capitalist (VC) can feel challenging. A good VC pitch is more than just putting together a polished presentation; it’s about telling a compelling story that convinces investors your idea has real growth potential. The best pitches combine vision, data and a clear strategy for success.
What Do VCs Look for in a Pitch?
Venture capitalists are looking for pitches that demonstrate a compelling market opportunity, a scalable business model and a strong founding team.
They want to see a well-defined problem, a unique solution and evidence of traction or market validation. Your financial projections should be realistic and backed by data, showing a clear path to profitability.
VCs also assess competitive advantage—what sets the business apart and how it can sustain growth. Beyond numbers, they look for confident, coachable founders who can articulate their vision effectively and navigate challenges. A great pitch tells a compelling story, backed by facts and leaves investors excited to learn more.
What Help Can You Get For Your VC Pitch
At Benjamin Ball Associates, we have been helping firms with their venture capital pitches for over 15 years. While we don’t work with startup pitches, we do help with scale up pitches. Outlined below are some of the things we have learned over the years about what VCs look for in a pitch.
Let’s dive into how to make your pitch stand out, with practical examples to bring each point to life.
How to Pitch to a Venture Capitalist – 10 Top Tips
1. Know Your Audience
Your first step is to understand who you’re pitching to. Venture capitalists have different areas of interest, so your pitch should align with their focus.
ForExample
Suppose you’re pitching a fintech startup that uses AI to prevent fraud. You’d approach a VC firm like Crane, IQ Capital or Accel that has a track record in fintech investments. Mention a specific company in their portfolio that’s similar to yours and explain how your solution complements or improves upon that model. This shows that you’ve done your research and know how you fit into their investment thesis.
Doing your homework helps you frame your venture capital pitch in a way that speaks directly to their interests.
2. Tell a Compelling Story
Your venture capital pitch needs to grab attention and the best way to do that is through storytelling. Investors want to understand the “why” behind your business.
Example
Imagine you’re the founder of a health tech company. Start by sharing a real story: “Last year, my grandmother was misdiagnosed because her GP lacked access to her full medical history. That’s when I realised there’s a huge gap in how patient data is managed.” This personal story highlights a clear problem and sets the stage for your solution—a platform that aggregates patient data across healthcare providers.
Using a story that resonates with a common pain point makes your pitch for venture capital memorable and relatable.
3. Show Market Size and Growth Potential
Investors look for startups with the potential to grow significantly. They want to see evidence that your target market is large enough to support that growth.
Example
If your startup is developing a new electric scooter for urban commuters, don’t just say, “The market for electric scooters is big.” Instead, break it down: “Our Total Addressable Market (TAM) is £50 billion globally. The Serviceable Available Market (SAM) in Europe alone is £15 billion, with a Serviceable Obtainable Market (SOM) of £3 billion in the UK’s top 10 cities.”
Specific figures backed by market research show that you understand the scope of your opportunity and are realistic about where you can capture value.
Why Pick Benjamin Ball Associates for Your Investor Pitch Coaching
At Benjamin Ball Associates, we’ve been coaching business people to improve their business communication skills for over 15 years. Our coaching is fast and effective. We work with individuals and with companies, one-to-one and in groups. Call us today to learn more.
“I honestly thought it was the most valuable 3 hours I’ve spent with anyone in a long time.”
VCs want to know exactly how you plan to make money. Your business model should be straightforward and scalable.
Example
Let’s say you run a software-as-a-service (SaaS) company. Instead of saying, “We charge companies to use our platform,” detail your revenue streams: “We operate on a subscription model with three tiers: basic (£50/month), professional (£150/month) and enterprise (£500/month). Currently, 70% of our customers are on the professional plan, with a 20% upsell rate to the enterprise level after six months.”
This level of detail demonstrates a clear understanding of how your business generates revenue and its potential to grow over time.
5. In Your Venture Capital Pitch Show Traction and Milestones
Traction proves that your idea is not just theoretical but is already gaining momentum in the market.
Example
“In the last six months, we’ve grown our user base from 500 to 5,000, a 900% increase. Our monthly recurring revenue (MRR) has grown by 150% and we’ve reduced our customer acquisition cost (CAC) by 30% thanks to a new referral programme. We’re also in talks with two major retail chains for partnership deals.”
These metrics highlight your startup’s growth and show that you’re hitting the right milestones, making your company an attractive investment prospect.
6. Outline the Competitive Landscape
VCs need to know who your competitors are and what differentiates you from them. Ignoring your competition in your venture capital pitch could make you seem naïve.
Example
If you’re launching a new e-commerce platform, mention your competitors like Shopify or Wix, but then outline your unique selling points: “Unlike Shopify, which requires technical skills to set up, our platform uses AI to create stores automatically based on user preferences, cutting setup time by 80%.”
Identifying competitors and explaining your edge shows that you understand your market and have a plan to outdo existing players.
7. Be Transparent About Risks and Challenges
Honesty about your challenges earns you credibility with investors. Every startup has risks and VCs appreciate when founders acknowledge them in their venture capital pitch.
Example
“One of our biggest risks is market adoption. Although our technology is new and innovative, it requires a behavioural shift in our users. To address this, we’re focusing on a targeted education campaign and partnering with industry influencers to drive credibility.”
Being upfront about risks and how you’ll tackle them shows that you have a realistic view of the obstacles ahead and a strategy to overcome them.
8. Define Your Ask Clearly
You need to be specific about how much money you’re asking for and how you’ll use it. VCs want to know that their money will be put to good use.
Example
“We’re raising £1.5 million to scale our sales team and enhance our product features. £500,000 will go to hiring six new sales executives in the next 12 months, £700,000 will be allocated to product development and £300,000 will be for marketing efforts to expand our user base by 300%.”
Breaking down the use of funds into clear categories shows that you have a detailed plan and that their investment will drive tangible progress.
9. Practice and Refine Your VC Pitch
Practice makes perfect. The more you refine your venture capital pitch, the more confident and convincing you’ll be when it matters.
Example
Every week at Benjamin Ball Associates we advise and rehearse management teams to polish their venture capital pitches. We show them how to tell their story, how to create compelling pitch decks and we role-play the toughest meetings and the toughest questions. One startup founder recently said, “I practised my pitch 30 times before stepping into the room with the VC and it made all the difference. I could anticipate their questions and address concerns without missing a beat.”
Rehearsing your pitch will help you deliver it smoothly and adapt on the fly when tough questions come your way. Contact us to find out more.
10. Hear what David Rose recommends in this short TED video.
You will learn some great tricks on how to pitch to a VC.
His advice on how to pitch to venture capital is clear, simple and gets to the point.
In summary:
When you pitch to venture capital, you need to get across that you have/you are:
Integrity
Passion
Experience
Knowledge
Skill
Leadership
Commitment
Vision
Realism
Coachable
You do this by giving your venture capital pitch:
A logical progression
Include “Things I know and understand”
Clear validation
A believable upside
In your venture capital pitch you must avoid:
Things that the VC knows/thinks are untrue
Things they don’t understand
Things that make the venture capitalist think
His recommended running order for a VC Pitch is:
Logo
Business Overview
Management Team
Market
Produce
Business Model
Strategic Relationships
Competition
Barriers to Entry
Financial Overview
Use of Proceeds
Capital and Valuation
Logo
While we don’t agree this pitch flow is right for all venture capital pitches, it is a great start. Great advice from a master.
Improve Your Pitch to Venture Capital
But remember, every pitch to venture capital investors is different. Beware of looking too formulaic.
We help many firms with their VC pitches. If you would like to discuss how BBA can help create a compelling investor pitch, we would be delighted to help. Either call our Client Services Director Louise Angus on 020 7018 0922 or click this link:
Why Choose Us: Transform your pitches and presentations with tailored coaching
We can help you present brilliantly.Thousands of people have benefitted from our tailored in-house coaching and advice – and we can help you too.
“I honestly thought it was the most valuable 3 hours I’ve spent with anyone in a long time.”
Mick May, CEO, Blue Sky
For 15+ years we’ve been the trusted choice for leading businesses and executives throughout the UK, Europe and the Middle East. We’ll help you improve corporate presentations through presentation coaching, public speaking training and expert advice on pitching to investors.
Some recent clients
Unlock your full potential and take your presentations to the next level.
Speak to Louise on +44 20 7018 0922 or email info@benjaminball.com to transform your speeches, pitches and presentations.
Your pitch deck should be concise yet complete, typically covering the following areas: Problem: What problem are you solving? Clearly define the pain points your product or service addresses. Solution: How does your product or service solve this problem? Highlight your unique value proposition. Market Opportunity: Who are your target customers and how big is the market? Provide data to support market size and growth potential. Business Model: How do you make money? Explain your revenue streams. Traction: What progress have you made? Showcase key milestones, user growth, revenue, or partnerships. Competition: Who are your competitors? Explain your competitive advantage and how you differ. Team: Who is behind the business? Highlight the experience and skills of your team members. Financials: What are your financial projections? Provide forecasts and key financial metrics. Funding Ask: How much capital are you seeking? Explain how you plan to use the funds. Vision: What is your long-term vision? Describe where you see the company in 5-10 years.
2. How long should my pitch be?
Aim for your pitch to last around 10-15 minutes, followed by 15-20 minutes for Q&A. This timeframe ensures you cover key points without overwhelming the VC, while leaving enough time to address any questions or concerns they may have.
3. How do I tailor my pitch for a UK-based VC?
When pitching to a UK-based VC, be mindful of the local context: Market Understanding: Demonstrate a strong understanding of the UK market and regulatory environment if applicable. Metric Preferences: VCs may prefer certain financial metrics or key performance indicators (KPIs) specific to the UK, such as Gross Merchandise Value (GMV) for e-commerce businesses. Cultural Sensitivity: British VCs may appreciate a more understated, fact-based approach, avoiding over-hype or excessive bravado.
4. What questions should I be prepared to answer?
Be ready to address questions that dig deeper into your business model, market assumptions and potential risks. Common questions include: How do you plan to scale the business? What are the biggest risks and how do you plan to mitigate them? How do you acquire customers and what are your customer acquisition costs? How defensible is your business against competitors? What are your exit strategies?
5. How do I handle tough questions or criticism during the venture capital pitch?
Remain calm and composed. Acknowledge the VC’s concerns and provide reasoned, well-thought-out responses. If you don’t know the answer to a question, it’s okay to admit it but offer to follow up with more information after the meeting.
6. How much financial detail should I go into?
Provide a high-level overview of your financials, including revenue, profit margins and cash flow projections. Be prepared to get into more detail if asked. Focus on explaining your assumptions, particularly around growth rates, customer acquisition and market expansion.
7. What is the best way to close my presentation?
Conclude with a strong, clear call to action. Reiterate your funding ask, summarise how the investment will help achieve key milestones and express your enthusiasm about potential collaboration. Leave the VC with a clear understanding of what you need and why it’s a compelling opportunity.
8. How do I follow up after the VC pitch?
Send a thank-you email within 24 hours, expressing your appreciation for their time and interest. Include any additional information they requested and restate your willingness to address any further questions. Regularly update the VC on your progress, even if they don’t immediately commit to an investment.
9. What are some common mistakes to avoid in a venture capital pitch?
Overloading with Information: Avoid cramming too much detail into your pitch; stick to the essentials and save deeper details for the Q&A. Ignoring the Competition: Acknowledge your competitors and explain why your business stands out. Underestimating Funding Needs: Be realistic about how much money you need and ensure it aligns with your business plan. Being Vague About Financials: Have a clear understanding of your numbers and be ready to discuss them in depth.
10. Should I practice my pitch?
Absolutely. Rehearse your pitch multiple times, ideally in front of colleagues or mentors who can provide feedback. This will help you refine your delivery, improve timing and boost confidence. We can help you here.
For further guidance, get in touch. We’d be delighted to prepare you to impress VC investors!
a remarkable communications coach. His understanding of corporate communications is unmatched. I highly recommend!
Stephen Muchiri
“Highly recommended”
helped me prepare for a key note speech. This helped for that particular speech and for every other since. Highly recommend.
Azim Khan, MD, AIS Consulting
“Truly fantastic”
"Thank you for today's training session. It was truly fantastic. I feel much more confident in my ability to not only write speeches but also present them effectively."
JG, FCA
“Clear improvements”
"The results speak for themselves — participants consistently show clear improvement and feel empowered to take on their roles as effective speakers.
Even during long Zoom sessions, Paul manages to keep the energy high and the experience enjoyable for everyone involved. His collaborative and engaging approach makes the training not only productive but genuinely enjoyable."
Mayra Gasparini Martins, Wise
“Highly effective”
...excellent in terms of helping develop and sharpen stories and messaging around Businesses and why they are unique.
... a useful sounding board to help management teams and Boards develop clear messages as to why a Business is different and attractive as an investment opportunity. ... highly effective at working with members of management teams on how to communicate and deliver key messages to potential interested parties in different environments.
George Moss, Partner, ECI
“Moved our presentation into a different league”
Moved our presentation into a different league and undoubtedly improved the outcome and offer we received.
Liz Warner, CEO, Betty TV
“Paid for itself many times over”
Our investment in coaching has paid for itself many times over.
Ed Coulthard, CEO, Blast! Films
“An impressive team”
We enjoy working with Benjamin Ball Associates to support our clients with coaching. We trust them to take the messages that we develop and assist our clients in communicating powerfully.
BBA has an impressive team of journalists and ex bankers that we work with to prepare our clients for a broad spectrum of communications activities such as media engagement, investor pitch delivery, conference panel speaking and crisis situations.
Their coaching means our clients have been more effective when speaking to the press and to investors. We have no hesitation in recommending them.
Amber Fennell, Director, ICR
“Makes a real difference”
"Great coaching that makes a real difference for a capital markets day or results presentation."
We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorised as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyse and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
Cookie
Duration
Description
cookielawinfo-checkbox-analytics
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional
11 months
The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance
11 months
This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy
11 months
The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance cookies are used to understand and analyse the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.