{
  "version": "1.3.0",
  "releasedAt": "2026-05-20",
  "kpi": {
    "rogueId": "fundraising.committed_amount",
    "slug": "committed_amount",
    "domain": "fundraising",
    "defaultLabel": "Committed Amount",
    "description": "Capital that investors have agreed to invest — including both soft commitments (verbal / handshake / IOI) and hard commitments (signed term sheet or executed subscription docs). Treat this as the round-progress odometer. Common pitfall: soft commitments are notoriously squishy — every published fundraising postmortem (per First Round Review and Bessemer founder essays) warns that founders over-count soft commits. Board-best-practice is to track soft vs hard separately or to define a haircut convention (e.g. 50% of soft) at the start of the round.",
    "fieldType": "currency",
    "unit": null,
    "maturity": "general",
    "suggestedForStages": [
      "preSeed",
      "seed",
      "seriesA",
      "seriesB",
      "seriesC"
    ],
    "defaultOwningFunctions": [
      "Finance"
    ],
    "stageRelevance": {
      "preSeed": "core",
      "seed": "core",
      "seriesA": "core",
      "seriesB": "core",
      "seriesC": "core"
    },
    "definitionSource": {
      "tier": "editorial",
      "sourceName": "imboard Editorial",
      "sourceUrl": null,
      "sectionRef": null,
      "publicationDate": "2026-04-01",
      "attributionNotice": null
    },
    "formula": "Sum of all investor commitments (soft + hard). Define and document the soft-vs-hard convention per round — some companies report only hard commitments to the board, others report a blended number with footnote.",
    "whyItMatters": "Primary leading indicator for whether the round will close on target and on time. Pacing against `target_raise` and `planned_close_date` tells the board whether intervention is needed.",
    "interpretationGuidance": "Healthy rounds typically hit 50% committed at the round midpoint and 80%+ before final closing mechanics begin. A committed amount stuck below 30% past the midpoint usually signals a re-pricing or scope-cut conversation with the board.",
    "relatedKpiIds": [
      "fundraising.target_raise",
      "fundraising.total_received",
      "fundraising.round_completion_pct",
      "fundraising.investors_in_pipeline",
      "fundraising.minimum_close_amount"
    ],
    "metricBasis": {
      "timeBasis": "point_in_time",
      "moneyBasis": "cash",
      "production": "primary"
    }
  }
}