Blockseed Announces its Novel, AI-driven Platform for Connecting Startups to Investors and Advisors
NEW YORK (PRWEB) December 19, 2018 -- Blockseed seeks to facilitate and expedite the angel investment process throughout the entire startup ecosystem. They cut through the clutter so early-stage startups can make better decisions while connecting investors with the right early-stage startup founder.
What makes Blockseed unique?
Blockseed’s algorithm collects and utilizes untapped data to map a startup’s inner workings and efficacy throughout the currently opaque growth process in between funding stages.
Motivated by early career lessons, Blockseed CEO and Founder Aniruddh Jain saw the value of optimizing the process of work and designing products that improve efficiency. From these experiences, Blockseed was conceived.
According to Jain, “The current system to assess an idea and help it become a successful business is fragmented and inefficient. Startups often waste time trying to connect through Linkedin and emails with no actionable feedback. What they really need is timely and quantifiable feedback with learning tools built around the feedback.”
Problem: Founders are tired of waiting around for investor replies.
Solution: Startups can ask for multiple rounds of reviews privately before raising capital. Blockseed provides a platform for startups to ideate, build, improve and be better prepared to raise capital. As soon as a startup is noticed by investors, they are in a better position to develop a working relationship.
Problem: Investors don’t have time to give every founder proper feedback.
Solution: The Blockseed platform offers investors a valuable metric by gauging a startup’s ability to learn. And by aligning interests according to industry and sector, investors are only connected with those startups within their domain of interest.
Problem: Investors want to be involved with local and global startups before they become too big and too hot.
Solution: Blockseed gives investors a curated review flow by connecting them with startups that match their chosen interest industry & metric cutoffs. The investor dashboard manages their evaluations, shares a connection pipeline to suggest startup reviews by other known investors and allows updates from startups should the investor decide to follow their activity.
Instead of assuming the role of broker-dealer, Blockseed’s platform offers education and tools to capture and organize the interaction between the parties, regardless of investment.
Connect, Pass, or Follow?
Investors browse through curated startups and may connect or pass on a startup after evaluating its documents and ratings. This eliminates lengthy emails and re-pitching to other members of the team. However, investors may also anonymously or actively request updates If interested in a venture which didn’t originally meet their specifications.
Traction
The first public beta of the platform will open in February 2019, before officially launching to the public in March 2019. The platform is currently oversubscribed with a waitlist of 200 startups and 50 startups in closed beta mode. Blockseed is working on partnerships with several large MNC's (whose names cannot be disclosed until signed) and has investments by 2 Angels and 4 VCs in pre-Seed Round. Blockseed will start seeking Seed Round investment in Q1.
For media inquiries, please contact Jesse Lucas at Melrose PR Jesse(at)melrosepr(dot)com or call (310) 260-7901.
About Blockseed Investments
Headquartered in NYC, Blockseed is changing the startup ecosystem by allowing its AI-based algorithm to find data points in the process currently not available. The Blockseed platform matches venture stages and verticals with an investor/advisor. It helps them define their investment thesis, offers tools to review deals and follow or interact with startups globally that might otherwise have been out of their reach.
Blockseed offers personalized learning modules and quantified reviews based on investor feedback. Startups are told their point scale ranking by an advisor or investor, and exactly how they should improve based on the investor/advisor reviews. Blockseed can then direct startups with personalized learning modules and connect them with relevant mentors before they re-engage in the pitching process. These investor reviews create an investment thesis allowing other startups to reach out to them once they meet the stated criteria or by bidding higher.
Blockseed’s core team has 50 years of cumulative experience in financial, analytics, and consulting with previous work experience at ZS Associates, Morgan Stanley, Merrill Lynch and Times Group.
For more information see http://blockseedinvestments.com
About Aniruddh Jain
CEO and Founder of Blockseed Investments, Aniruddh Jain graduated from Columbia University, M.S. Real Estate Development and Investment Finance, ETH Zurich, a science, technology, engineering and mathematics university, and Indian Institute of Technology Roorkee. Jain has a background in design, economics, investment finance, and data science. His first venture came out of MIT Media Labs and CamTech Hackathon in 2013 which was incorporated into a project in GE Labs, India. Jain is the CEO and Partner in the USA arm of REPE firm AJA. He is also a member of NYSAREN (New York South Asian Real Estate Network), a professional association exclusively for commercial real estate professionals in the greater New York City area.
Lindsay Carr, Melrose PR, https://www.melrosepr.com/, 310-260-7901, [email protected]
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