Angeloop Acquires the SeederBoard KPI and Business Intelligence Platform
Angeloop Inc., a California business-intelligence company, has acquired SeederBoard, a UK-based Startup Investor Reporting platform
By: Angeloop Inc
Angeloop's tools focus on startups' relationships with investors, helping startups showcase their competence and growth. At the same time, investors have access to real-time portfolio valuations and data.
"We're changing the startup funding lifecycle, specifically how private investors engage with startups and contribute to the growth of companies. By adding SeederBoard's technology stack to Angeloop, we've been able to offer robust financial and KPI reporting from the point of launch of Angeloop. This means investors can start to work with more data and can make better funding decisions." Igor Feerer, CEO - Angeloop
Funding and Investor Accreditation
As the number of startups in the US grows, funding demands have reached peak levels. Crowdfunding is becoming more prevalent with frequent changes to the SEC rules on investor accreditation and more interest from private investors.
Angeloop offers a multi-sided platform, providing:
- A toolset to help investors manage their private investment portfolio; and
- A reporting portal where startups can track their own business intelligence data.
Angeloop is compatible with the majority of startup funding channels, including Friends & Family Investment, Angel Investment, Venture Capital and Crowdfunding.
"The technology has already been proven in the marketplace and helps startups maintain better investor relations. Building a startup is always challenging and many founders need help tracking metrics and communicating back to investors. By joining Angeloop, we are able to offer more services to the startup ecosystem for investors and startups." Tim Boeckmann, CEO - SeederBoard
Transparency & Investor Information Rights
Startup transparency and reporting are growing requirements for every business due to the risky nature of early stage investment. Often, “Information Rights” are written into the Shareholder's Agreement. Angeloop provides a framework for startups, which allows them to meet the investors’ reporting criteria; thereby, helping them get back to building their high growth ideas.