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Tell me everything I need to know about software tools that support the overall Venture Capital investment process: most popular options, descriptions of features, pricing, etc.
Hello! Thank you for choosing to send your question about software tools that support the overall Venture Capital investment. The sources I found to be the most useful were from Capterra.com and Go.co. In short, I found a few software programs like Dynamo, Venture360, and Foundersuite as well as 7 others. Dynamo and Foundersuite are the most well-rounded options with the former heavily used by startups and the latter with clients like LaSalle Investment Management and the University of Pennsylvania. Below you'll find a detailed account of my findings.
SOFTWARE DETAILS
LaSalle Investment Management, Frazier Healthcare Ventures, Aquiline Capital Partners LLC, Landmark Partners, MITIMCo, Penn (University of Pennsylvania), Mid Europa Partners, Primus, Carthona Capital, Cleveland Clinic, and more.
Features & Description —
This platform focuses on optimizing "fundraising, deal management, accounting, and investor relations teams" It also helps you identify ideal investors, allows you to manage your portfolio, promotes your fundraising goals, and helps you invest in deals.
Dynamo is a cloud-based service that integrates with the Microsoft Office suite. The use of Dynamo comes with a project manager who aids in the set up of the program and ensures that the functionally aligns with each company's needs. This software also integrates with Quickbooks, Pitchbook, Preqin, MailChimp and more.
The software also has a mobile app called DynaMobile™ that allows users to access critical information on the go. Other features include notifications to alert users during the deal making process, the ability to monitor unique user interaction, a hub to deliver branded marketing materials and more.
Pricing — The starting price is $300 a month per user with $200 a month for each additional user up to 10 users.
Sample Customers — None listed.
Features & Description — The features include billing and invoicing, commercial leases, contact and portfolio management. They claim to reduce risk and administrative costs and provide ways to track data and competitive bids, show reports in local currency, and offer unlimited search capability.
Pricing — Price starts at €119 for entrepreneurs. Clients need to request a demo for more pricing options but they can also opt to try it for free.
Sample Customers — None listed.
Features & Description — The list of features include the step-by-step wizard, dashboard, business plan templates and financial projections and templates. The Innovation Platform also features a six-step process that validates ideas through potential customer insights and data. There is automated feedback that responds to the information you input as well as the ability to manage teams.
Sample Customers — Used by startups in Y Combinator, TechStars, Founder Institute, Funders Club, 500 Startups, and the Startup Bootcamp. 10,000 startups use this platform.
Features & Description — This program allows you to search 50K investors and gain access to their social media pages. You can also easily track the funding process and the to-do list associated with each lead.
Features & Description — The listed features for CVenture include List management, product catalog, project management, quotes/proposals, lead management/scoring, email marketing, customer support, contact management, and interaction management.
CVenture differentiates themselves by providing solutions that focus on specialized applications. Their main programs are C-Desk: A Complete Helpdesk and an Intranet Solution and CVenuture a sales management and support system.
6. Venture360:
Pricing — Demos are available but the company plan starts off as free and goes up to $99 a month. Crowdfunding and investor plans start as free and then go from $295-$495 a month.
Features & Descriptions — The platform allows users to build a deal room, find investors, close a round, launch investor reporting and open a new round. The program presents information in a way that investors prefer and, in a new feature, will soon let users search 5,000+ VCs and angels. This puts together investor reports easily and notifies and updates prospects when you're ready to raise more funds.
Sample Clients — No clients are listed but 500,000+ founders, 70,000 investment professionals in 190 countries have used their platform.
Features & Description — This platform features legal, financial and accounting tools. Gust also offers equity management, and the ability to find and apply to accelerators. Another benefit of Gust is the feature that allows you to apply to hundreds of Venture Capitalists and angel groups with only one application. Over $1 billion has been raised through the Gust network.
8. Seraf:
Pricing — The individual plans range from $100 per year to $500 a year. The enterprise package requires you to reach out for more information.
Sample Clients — Seraf has worked with Tribeca Angels, SideCar Angels, Family Office, Cherrystone Angel Group and Ed Tech.
Features & Descriptions — This program includes analysis tools, tax and accounting features, records of advisers, public and early stage investments, and the opportunity to collaborate. It also monitors critical dates and provides data insights.
Sample Clients — Clients aren't listed.
Features & Descriptions — DocDep's main product is Radar which features two integration programs named Sonar and SmartCap. The Radar software works as an "intelligent filing and organizational system." It facilitates communication, streamlines workflow and sends documents. Sonar provides an aerial view of venture capitalist and other portfolios. SmartCap aims to fix problems with cap tables and the review process.
Sample Clients — Enso Ventures, Owl Ventures and others non-VC clients. They service over 600 clients in 35 countries.
Features & Descriptions — Navatar runs within Salesforce and Box which allows for the "same level of security, availability, scalability, and mobility" these two platforms provide. This also ensures confidentiality. The program incorporates "workflows for investor relations, deal management, virtual data rooms and company intelligence into one integrated cloud platform." Users also have the benefit of always working on the most up to date version of this platform. This program integrates with Outlook, Gmail, Preqin and 100s more applications. It also has a mobile capability.
CONCLUSION
To wrap things up, Venture360, Seraf, Dynamo, Innovation Platform, and Foundersuite are a few software options that support the Venture Capitalist process. Most prices aren't readily available but Venture360, Foundersuite, and Gust all have free options. Out of the 10 listed options, Dynamo and Foundersuite seem to be the most well-rounded with the most robust past clients.
Thank you for choosing to send your question to Wonder! Please feel free to get in touch if you have any follow-up questions.