Subject: Follow-up - [Company Purpose] - Raising [Round] - [$XM of $YM] committed

Hi <phv><Ajay><phv>,

Quick update here - we now have <phv><$700k spoken for out of the $1M><phv> target for this round with <phv><Sterling Road and Pear VC><phv> committing this week. We also just launched the MVP of our most requested feature: the iPhone app.

I would love to continue our conversation before the round closes, would <phv><2pm Oct 7><phv> work for you?

Cheers,
<phv><Mike><phv>

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