Tuesday, February 26, 2008

Fundability raises capital and bridges the gap

"Start-Up TV Network Inc. today announced Fundability as its new company brand and the launch of www.fundability.com, a new web-based marketplace where investors and entrepreneurs make serious investment connections.

With angel investors and venture capital firms investing more than $50 billion every year in seed- to mid-stage companies, Fundability's online marketplace helps venture capitalists and angel investors find quality deal flow and accelerate the early stage funding process.

Fundability uses web video and rich media to showcase companies combined with due diligence tools that simplify investors' research and communications.

"We built Fundability with a hands-on understanding of early stage investing from both perspectives - the entrepreneur's and the investor's," said Steve Nilan, Fundability's CEO and co-founder. "We start with quality deal flow and qualified investors in a friction free environment where interaction is easy and painless. It's all about accelerating time to funding through better communications, VC-caliber diligence and syndication tools in a secure environment. It's just a better way to get deals done."

Fundability bridges the gap between the fast pace of entrepreneurial startups and the slow and inefficient fundraising process."

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