CapLinked aims to empower startups and small businesses to obtain the funding they need to grow and create jobs, while giving their investors complete transparency.
Manhattan Beach, CA (PRWEB) October 20, 2010
CapLinked, a new online platform that seeks to revolutionize how private companies raise funds and interact with investors, unveiled its service to the public this week. Co-founded by veteran entrepreneurs from PayPal and the finance industry, CapLinked aims to empower startups and small businesses to obtain the funding they need to grow and create jobs, while giving their investors complete transparency.
As the economy struggles to emerge from recession, credit is still hard to come by for many entrepreneurs. This makes investors even more critical for young companies that need capital to expand. With over 600,000 businesses started in the United States each year, and annual investment by individuals into private companies in the range of $160 billion, CapLinked is poised to play a crucial role in linking companies and investors.
CapLinked gives companies the tools to create a deal and share it online with their prospective investors. Recipients can review the deal and share it with other investors who might be interested. The entrepreneur is notified real-time when recipients log in and view documents. After the company is funded, CapLinked lets entrepreneurs keep their investors in-the-loop with status updates, messages, a document room, and a customized dashboard.
Co-founded by Eric M. Jackson and Christopher Grey, CapLinked is based in Manhattan Beach, California. Jackson, who serves as the CEO, formerly ran PayPal’s marketing team and is the author of the award-winning book "The PayPal Wars." Grey, who serves as CFO, is a finance, banking, and private equity veteran and a contributor to TheStreet.com.
“CapLinked lets companies efficiently leverage their social and professional network when they’re raising capital,” said Jackson, “Investors only receive deals from people they know who feel they might be interested.” Jackson added that once an investment is made, CapLinked provides transparency and communication tools to make it easy for companies to securely keep investors, board members, and other stake holders updated all in one place.
Following several months in private beta, CapLinked is now available to the public. Companies and investors can register for an account at http://www.caplinked.com/. The service is currently free for all users, and the company plans to offer premium features in the future.
About CapLinked Inc.
CapLinked is a collaborative network for private companies and investors. Founded in late-2009, CapLinked allows companies to upload deal information for a capital raise, reach out to potential investors, and update their investors and advisors via a secure data room, messaging, and a customized dashboard. Based in Manhattan Beach, CA, the company was co-founded by Eric M. Jackson and Christopher Grey. To learn more about CapLinked, visit the company’s About Us page.