We needed a clean, simple and elegant approach to sourcing deals and working with entrepreneurs, and that’s why we selected ProSeeder.
Cincinnati, Ohio (PRWEB) June 23, 2015
Queen City Angels, the region’s longest running angel group, today announced it has deployed ProSeeder’s cloud-based deal flow management platform to simplify entrepreneur engagement and to enhance sourcing, managing and executing deals. ProSeeder’s platform allows QCA to configure the software to match the needs and workflow of the group. The software is seamlessly integrated into QCA’s website, powering everything behind QCA’s online "Apply for Funding” button.
QCA is one of the most active angel groups in the country and was recently ranked second out of 370 national angel organizations by CB Insights. Prior to ProSeeder, much of the deal flow management was completed manually through spreadsheets. In addition to the simplifying deal flow for the organization, ProSeeder’s secure and intuitive platform ensures entrepreneurs clearly understand the purpose of solicitation while also emphasizing QCA’s members’ accreditation.
“The key benefits of ProSeeder’s platform is that it quickly and easily engages the entrepreneur,” said Scott Jacobs, Executive Director for QCA. “From the moment the entrepreneur clicks the ‘Apply for Funding’ button on our website, they are guided step-by-step through the solicitation process in a secure and intuitive online environment. ProSeeder makes it easier on them while helping our organization operate more securely, efficiently and collaboratively with each other and other angel groups.
"The ProSeeder process allowed us to get the right amount of information into the hands of the entire group in an organized way," said Mike Sarow, Co-founder, CEO of Kapture.”
Jacobs also added, “We needed a clean, simple and elegant approach to sourcing deals and working with entrepreneurs, and that’s why we selected ProSeeder.”
ProSeeder includes features such as a virtual deal room, deal workflow, investor event management, deal syndication and customized ratings criteria to help make better investment decisions. The system also gives investment groups an effective way to improve member relations and reduce duplication of efforts., while also providing members with an easier way to track their investments.
“We highly value the partnership with QCA and the opportunity to work with the number two ranked angel group in the country,” said Natasha Srulowitz, President and COO of ProSeeder. “Our focus on leading groups like QCA continually increases the quality of deal flow and potential syndication opportunities across the ProSeeder platform.
About Queen City Angels
The Queen City Angels (QCA) is a group of more than 50 experienced accredited investors who provide funding, support and guidance to early-stage growth companies in the Cincinnati area and surrounding region. QCA members, which include former C-level executives and entrepreneurs, draw from their personal operating and management experience to evaluate opportunities and provide on-going mentoring to young businesses with exceptional growth potential. Since 2000, QCA members have directly invested more than $42 million in 75 portfolio companies, which have collectively raised over $350 million. CB Insight recently ranked QCA second out of 370 national angel organizations. For additional information, visit http://www.qca.com.
About ProSeeder Technologies
ProSeeder Technologies (http://www.proseeder.com) offers financial firms a fully integrated, and highly configurable cloud-based platform to manage all aspects of their investment processes. ProSeeder empowers clients to maximize their operational efficiency and provide a detailed audit trail for compliance and reporting. Our robust collaboration platform is designed to scale with our clients’ growing investment reach – whether it’s managing more accredited investors, vetting more investment opportunities or growing globally. For more information, please visit http://www.proseeder.com.