Web-based Private Equity Solution Streamlines Deal Flow,
Syndication and LP Reporting
FOLSOM, Calif.--(Business Wire)--
Fundability today announced the launch of a new Software as a
Service (SaaS) solution built specifically for venture capital firms
and other private equity investment groups. InvestorFundability is a
secure private-labeled web platform that applies workflow intelligence
to streamline deal flow management and deal syndication. The solution
includes an online repository for digital documents and streaming deal
commentary to simplify communications with Limited Partners (LPs),
co-investors in portfolio companies and the portfolio companies'
senior executives.
"Quality deal flow is the life blood of venture capital. There are
more than 500,000 companies seeking funding in the US at any given
time. Finding and syndicating great deals is what VCs do. We designed
InvestorFundability as a new way for investors to identify a fundable
deal earlier in the cycle and accelerate the syndication of the best
deals with other VCs," said Steve Nilan, Fundability's CEO and
Co-founder. "We are addressing the needs of private equity with a
holistic solution - much like ERP and CRM did for other markets."
InvestorFundability is designed as an extension a VC firm's
current web site including integrated branding, logo and colors. The
service makes it easy to capture and filter potential investments
based on the firm's investment criteria matched against pre-defined
meta data. When a deal is chosen for further review,
InvestorFundability can be used by the fund management team to work
the deal from initial research through due diligence, syndication and
deal closing with other investors. Once a deal is closed, the tool
becomes the primary reporting platform for ongoing investor relations
as well as Board-level communications.
InvestorFundability is available in single-user versions for a
monthly SaaS fee of $149 with quantity discounts for multi-user
packages. The InvestorFundability product complements Fundability's
open web 2.0 marketplace (www.fundability.com) where seed and early
stage companies and accredited investors connect via Company
Snapshots, web video and interactive due diligence tools. Companies
that join the Fundability Marketplace pay a monthly subscription fee
of $24.99. Individual accredited investors join for free and are
required to complete an online SEC questionnaire to be accepted for
membership. Marketplace and InvestorFundability clients have the
ability to refer and syndicate deals between each other such as when
an investment is too small for a VC or too big for individual
investors.
About Fundability
Fundability, based in Folsom California, was founded by investors
and entrepreneurs who have firsthand experience with the challenges of
seed to mid-stage ventures. Fundability's web-based dealflow
management, fundraising and syndication platform delivers new
efficiencies to the $350B private equity market with including the
$55B venture capital and angel investment segments. The Company
generates revenues through SaaS fees for its hosted private-labeled
deal flow platform for professional investor groups and subscriber
fees from early stagecompanies seeking funding. Fundability is how
deals get done. For more information, go to www.fundability.com.
Fundability
Lynn Liss, 323-656-8445
lynn@fundability.com
Copyright Business Wire 2008
