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Venture Capital - Monday, February 25, 2008

Fundability Launches Site To Matchmake Founders/Investors

The top question lobbed into alarm:clock is "how do I get me some funding?" We have a template response: 1) Have made money for investors before 2) Have lots of users or 3) Have killer tech.

If you have any of this, it may be worth your while to check out Fundability.com which just launched today. Its a Web based deal flow marketplace for entrepreneurs and investors. We can't vouch for it but they have a couple of case studies for start-ups that they say have won funding thanks to Fundability during its beta launch. However, both of the case studies were funded by the same firm that backed Fundability.

For investors, they can have pre-screened deals sent automatically to them by creating an "Investor SweetSpot." They can also join or start a Virtual Investment Group and syndicate deals with other groups or angels.

Fundability (aka Start-Up TV Network, Inc.) had raised $3M from Velocity Ventures in January. The firm is led by Steve Nilan who is also a venture partner at Velocity. He says he worked with more than thirty early-stage technology companies including KhiMetrics (acquired by SAP), Compassoft, Varatouch (acquired by Atrua Technologies), WebRaiser (acquired by Flextronics) and Atone Software (acquired by Core Logic). He was a co-founder and VP of Marketing at CampusEngine.com and VP of Marketing and Business Development, at SII (acquired by NetLinx).

If this sounds of interest, note that entrepreneurs pay a monthly subscription of $49.99. Other options are GoBigNetwork.

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