Wednesday, June 4, 2008

Fundability Targets VC, Private Equity Groups With Software

Folsom-based startup Fundability has released a new software-as-a-service offering which the firm says is targeted at venture capital firms and private equity investment groups. The firm said its new InvestorFundability is a private-label web platform which allows those investment firms to manage deal flow management and deal syndication. The software allows venture capital and other investors to manage deal flow, comment on potential investments, work through due diligence, syndication, and deal closing. According to the firm, it will offer the new software for $149 a month in a single-user version. Fundability is venture backed by Velocity Venture Capital. (Editor's note: silicontap.com has a data sharing deal with Fundability, although our business relationships do not affect our editorial coverage).