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For venture funds and investment groups optimizing the way they find assess, vet and secure investment opportunities in startups is vital to their success. To do this, they should have the right deal management tools place to support their particular workflow.
These software solutions allow you to quickly identify investment opportunities prioritizing them and empowering your team to respond to prospects based upon their own criteria. These software solutions allow you to keep up-to-date with the latest information on potential opportunities and how they are developing in the pipeline, so that no opportunity is missed.
It’s difficult to manage deal flow, so it is recommended to use a system which lets you share your access to other stakeholders and partners. This will ensure that your team is equipped with the resources to be able to evaluate startups effectively as well as more eyes and ears to potential clients.
Some of the top deal flow management tools also provide a variety of options to increase efficiency, like collaboration and sharing documents in a secure environment (like iDeals and Altvia) as well as project management and keeping track of progress. Other tools, such as Metabeta provide a custom pipeline for email automation mentoring and updates on startup processes, a diligence checklist, and much more.
Built to support relationship-driven dealmaking Affinity assists firms involved in capital markets understand relationships and make decisions based on the basis of always-up-to-date, complete information. Its unique unified CRM platform gives the power of relationship intelligence, in addition to deal sourcing, diligence and integration. It is the ideal choice for managing LP-facing processes like fundraising, deploying capital, monitoring portfolios and boosting LP loyalty.