Editor’s note: Startland News picked 10 early-stage firms to spotlight for its annual Under the Radar startups list. The following is one of 2017’s companies. To view the full list, click here.
Four billion dollars. It’s a massive hunk of investment change spread across the globe through 4,000 transactions tracked on Venture360’s platform.
The Kansas City-based company’s software powers the funding activity of more than 2,000 venture capital entities, angel groups and accelerators, Venture 360 CEO Rachael Qualls said. The goal is to streamline the investment process between entrepreneurs and investors.
While that activity is focused largely within the United States, the multi-pronged company has made significant inroads in India, southeast Asia and New Zealand, according to Venture 360’s global user map.
“With the launch of our newest products providing companies with software to manage their own private capital raises, companies will soon, not only be able to raise capital, but also offer liquidity to their investors through their own privately controlled markets,” Qualls said.
The company offers tools for fund administrators, portfolio management for individuals, funds and groups, and guidance for those seeking the connections and funding to build their businesses.
“With Venture360, you will have many options for how you market your deal to investors. Because you control who, what, how and when — we are not a crowdfunding portal but a marketing portal,” Venture360’s website reads.
A slice of the company’s business does delve into crowdfunding. Venture 360 offers a white-label platform that allows clients to build their own online community, manage their deal pipeline, take commitments, close investments and handle the headache-inducing task of investor reporting.
Demonstrating its upward trajectory, the six-member Venture360 team — which includes James Pierce, co-founder and chief technology officer — isn’t stalling on developing ways to make its offerings more attractive to potential and existing clients.
“We are exploring and implementing ways of using blockchain technology for companies to create and issue coins as a form of security that will be traded on our platform,” Qualls said. “Pretty exciting!”