For venture funds and investment groups optimizing how they discover assess, vet and protect startup investment opportunities is vital to their overall success. To do this, they must have the proper deal management tools in place that support their specific workflow.
These software solutions enable you to quickly spot investment opportunities and prioritize them, allowing your team members to take action on prospects based upon their own criteria. These software solutions make it easy to stay current with the latest information about potential opportunities and the way they are developing in the pipeline, so that there is no chance missed.
The management of deal flow is no easy task, which is why it’s important to use an application that lets you share information with partners and other stakeholders involved in the process. This ensures that your team has the resources it needs to be able to evaluate startups effectively with more eyes and ears to potential clients.
Some of the top deal flow management tools provide a range of additional tools to improve efficiency, including sharing and collaborating documents in a secure setting (like iDeals and Altvia) as well as project management and tracking progress. Others, like Metabeta, provide a specialized pipeline for email automation mentoring, updates on startup processes as well as a diligence checklist and more.
Built to support relationship-driven dealmaking Affinity helps firms in capital markets contextualize relationships and act on the basis of always-up-to-date, complete information. Its unique unified CRM platform offers the power of relationship intelligence, in addition to deal source, diligence and integration. It is perfect for managing LP-facing tasks such as fundraising, deploying of capital, evaluating portfolios, and increasing LP’s loyalty.