Founders who raised a seed: how many investors did you actually have to contact to close the round?

For your seed, roughly how many investors did you contact to get the round closed? And of those, how many turned into first meetings, and how many into checks?

I am running my own raise now and trying to get a realistic sense of the funnel so I do not panic at the 20th no. Drop your numbers if you are open to it: contacted, meetings, term sheets.