/ Fundable Score · Analyst Tool
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For founders actively raising capital in the next 12 months. If you're not fundraising, the Pulse Score is the right tool — it's a universal health diagnostic across 6 dimensions.
Fundable Score™
CALIBRATING
50
Fundable Score / Dimension 01
Founder Signal

The earliest-stage investor decision is binary — bet on founder or don't. Tier-1 deal-killers (founder-market fit, conviction credibility) override every other dimension if absent.

Weight: 35% at pre-seed
Tier 1 — Deal-killers if absent
Founder-market fit
Lived experience, deep domain proximity, or proven prior success in adjacent space.
⚑ Tier-1 killer if < 30
50
Conviction credibility
Can the founder articulate WHY they specifically — not just any smart person — should solve this problem?
⚑ Tier-1 killer if < 30
50
Tier 2 — Differentiators
Team completeness
Does the team have the skills to execute the next 18 months — or is there a critical gap they can't see?
50
Co-founder cohesion
Evidence the team has shipped together, made hard decisions together, and has clear decision rights.
50
Tier 3 — Valuation movers
Network strength
Quality of advisors, prior investors, and warm intro paths to target funds.
50
Dimension 1 of 5
Fundable Score / Dimension 02
Market Signal

Investors fund markets, not companies. The question isn't "is this a real market" — it's "is this a market that can return the fund."

Weight: 25% at pre-seed
Tier 1 — Deal-killers if absent
TAM credibility at stage
Believable path to $1B+ outcome at the stage they're raising. Not just a big number — a defensible story.
⚑ Tier-1 killer if < 30 at seed+
50
Tier 2 — Differentiators
Timing argument
Specific, named forcing function — regulatory, technology, or behavioral — that opens the window now.
50
Competitive moat path
A credible answer to "why won't a well-funded incumbent copy this in 12 months?"
50
Category clarity
Does the company sit in a category investors recognize and route capital toward?
50
Dimension 2 of 5
Fundable Score / Dimension 03
Traction Signal

The proof point that converts conviction to capital. Weight increases dramatically with stage — at Series A, this dimension overrides almost everything else.

Weight: 15% at pre-seed
Tier 1 — Deal-killers at seed+
Demand evidence
Revenue, retention, waitlist with conversion data, or signed LOIs. Something that proves people want this.
⚑ Tier-1 killer at seed+ if < 30
50
Tier 2 — Differentiators
Growth velocity
Rate of growth over last 90 days. Investors fund momentum, not absolute size at early stages.
50
Retention quality
Are users staying? Are revenue cohorts holding up? Strong retention can offset weaker growth at early stages.
50
Unit economics direction
Improving, flat, or deteriorating as the company has grown. Direction matters more than absolute level at early stages.
50
Dimension 3 of 5
Fundable Score / Dimension 04
Round Readiness

Even a strong company can fail to raise if the round itself is structured wrong. This dimension is about how the ask is framed — not the substance behind it.

Weight: 15% at pre-seed
Tier 1 — Deal-killers
Milestone clarity
Can the founder name the specific proof point this round gets them to — and why it changes the next-round story?
⚑ Tier-1 killer if < 30
50
Tier 2 — Differentiators
Stage-ask fit
Is the round size and valuation appropriate for the traction? Asking too high signals naivety. Asking too low signals fear.
50
Use of funds specificity
"Hire 2 sales, run 90 days of channel tests" beats "expand the team and grow." Specificity signals operational maturity.
50
Risk transparency
Does the founder name the top 2 risks and what they're doing about each? Hidden risks signal naivety; named risks signal sophistication.
50
Dimension 4 of 5
Fundable Score / Dimension 05
Narrative Quality

Wefunder data ($617M / 2,833 founders) confirms: campaigns and pitches that connect personally outperform technically superior competitors. This is the smallest weight — but the easiest to fix.

Weight: 10% at pre-seed
Tier 3 — Valuation movers (no deal-killers here)
Origin story sharpness
Specific, personal, believable reason why this founder owns this problem. Generic origins ("noticed a gap") are credibility destroyers.
50
Pitch coherence
Does the deck flow? Are the data points consistent? Can the founder explain it in 90 seconds without losing the thread?
50
Vision-evidence balance
Strong narrative balances ambitious vision with concrete evidence. Vision-only feels delusional. Evidence-only feels small.
50
Dimension 5 of 5