“Why hasn’t deal sourcing evolved from its inefficient, people-intensive nature?”
That’s just one of many questions posed to investor Susie Meier by Included VC in their article on dealflow tactics, but—from a Cyndx perspective, at least—one of the most important. We’ve been asking this for years, and attempting to design truly innovative solutions to simplify venture capital investment.
In fact, Susie and Included VC even cited our platform in their answer:
Dealflow of the Future
One of the key questions towards the end of the conversation with Susie was: “Why hasn’t deal sourcing evolved from its inefficient, people-intensive nature?”
The answer isn’t at all straightforward- it has, yet hasn’t.
Some venture capital firms have started to automate internal processes, typically referred to as the “VC tech stack”.
One of the most cited articles (The VC Tech Stack. Tools for your investor soul | by Francesco Corea | Medium) categorises tools into the following buckets:
Traditional Data (Dealroom, Crunchbase, Pitchbook)
Alternative Data (GitHub, AWS Marketplace)
Network CRM (Affinity, Salesforce, Beamery)
Scouting and Research (Cyndx, Companies House, Gartner, Owler, AlphaInsights)
Matchmaking Tools (AngelList, Seedinvest)
Tech Journalism (TechCrunch, Wired, Medium)
Read the complete article on Medium.