Micro for LP Fundraising
Track your fund raise from first conversation to commitment — with AI that keeps your LP pipeline updated automatically.
Quick Setup
Section titled “Quick Setup”-
Create an LP Fundraising List
Press
Cmd+K, type “new list”, and select the LPs template. It comes pre-configured with stages, properties, and views for institutional fundraising. -
Add LPs
Add LPs from your contacts, import a CSV from your existing tracking tool, or let Auto-Add pull them in from your email activity.
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Connect Your Email
If you haven’t already, connect your Gmail in Settings → Connected Accounts. Micro uses your email and calendar activity to keep your LP pipeline updated.
Your LP Pipeline
Section titled “Your LP Pipeline”The LPs template comes with stages designed for institutional fundraising:
| Stage | What it means |
|---|---|
| Prospecting | Researching LPs before reaching out |
| Inbound | LP initiated contact |
| Conversations | Active back-and-forth about your fund |
| Meeting Scheduled | Formal meeting or pitch is set |
| Meeting Complete | You’ve had the meeting |
| Interested | Clear signal of investment intent |
| Handshake Deal | Terms agreed, awaiting docs or wire |
| Invested | Funds received |
| Dead | LP passed |
| No Stage | Not yet categorized |
Switch between Pipeline (kanban) and All LPs (grid) views using the tabs at the top.
LP Properties
Section titled “LP Properties”The template comes with properties designed for fund fundraising:
| Property | What it tracks |
|---|---|
| Investment Amount | Target or committed investment amount |
| Likelihood to Close | Probability of investment (0–100%) |
| Priority | Urgent, High, Medium, Low, None |
| Next Steps | AI-suggested actions to move the conversation forward |
| Pass Reason | Why an LP declined (AI-captured) |
Add custom properties for anything else — LP type (fund of funds, endowment, family office), minimum commitment, due diligence status.
AI Autofill
Section titled “AI Autofill”AI keeps your LP pipeline current:
- Status — LPs move through stages based on your email and meeting activity. Schedule a meeting and they move to “Meeting Scheduled.” If they pass, they move to “Dead.”
- Investment Amount — Extracted from discussions and formal commitments
- Next Steps — AI suggests what to do next based on your latest interaction
- Pass Reason — Captured when an LP declines
The template is configured to recognize LP fundraising conversations — term sheets, due diligence requests, pitch discussions, and general conversations with institutional LPs.
Prep for LP Meetings
Section titled “Prep for LP Meetings”Before a meeting, click Meeting Prep on the event page. The AI will:
- Research the LP and their fund
- Surface your email history and past interactions
- Highlight their investment focus and portfolio
- Suggest talking points
Add a Context Doc to your LPs list with details about your fund (target size, thesis, track record, terms). The AI references this when preparing for meetings and drafting emails.
Learn more about Context Docs
Email LPs from Micro
Section titled “Email LPs from Micro”Manage all LP communications without leaving Micro:
- Compose — Press
Cto draft a new email - Schedule Send — Time your emails for optimal delivery
- Custom Email Views — Create a view filtered to just LP conversations
- AI Drafts — Ask the AI to draft follow-up emails, thank-you notes, or LP updates
Share with Your Team
Section titled “Share with Your Team”Your LPs list is shared with your workspace by default. Partners can:
- See the full pipeline and activity feed
- Add notes and update records
- See meeting history and email metadata (not email content, unless you adjust sharing settings)
Learn more about Collaboration & Sharing