The traditional challenge of paper piles
One of the major challenges of traditional private investment is that all parties end up with piles of paper all over their desks and are slowed down in the process, which can be cumbersome and easy to disorganize. To solve this problem, the entire process can now be hosted online, streamlining the process and reducing the barrier of entry so that business owners and even busy veteran investors can dramatically cut down the time it takes to get business done.
CapLinked is an online platform for private companies, investors, and their advisors to network, manage a capital raise or asset sale, and exchange updates. CapLinked makes private investment easy, secure, and social.
The company itself raised a $350,000 Seed Round in 2010, a $900,000 Angel Round in 2011 from well known investors like Peter Thiel, the PayPal Mafia, 500 Startups, Joe Lonsdale, and Aman Verjee. In 2012, the company received their Venture Round of $500,000 from Chris Yeh, Jason Portnoy, Stephan Paternot, Lok Lee, and Clark Landry. Although the company is funded, operations are likely lean on $1.5 million, but they are already making waves in the investment world by making the process simpler (read: more accessible to all).
In an economy where money is not exactly flowing unless your employer is Mark Zuckerberg, every means to make the investment process better and encourage that flow is seen as a positive. Organization is important for all companies as it saves time and money and helps deals get done based on better decisions.
Better due diligence and connecting with others in the investment pool, be they businesses or advisers, are both major advantages to CapLinked which asserts it is a secure environment in which to do business, giving a great deal of control to those uploading, monitoring, and tracking documents and progress levels.