Click here to close now.

Welcome!

News Feed Item

GrowthCap Deal and Research Platform Launches with $50M of Deals in Market

NEW YORK, Jan. 7, 2014 /PRNewswire-iReach/ -- GrowthCap announced today the launch of its private equity deal platform where established private companies can raise growth capital from institutional investors and family offices.  The platform opens with over $50 million of live deals in market.  GrowthCap is the first of its kind, offering companies a complete end-to-end capital raising solution by combining its platform technology with highly experienced professional deal execution.

(Photo: http://photos.prnewswire.com/prnh/20140107/MN40593)

Founded by RJ Lumba, who made his career raising over $2 billion for private companies while working for leading investment banks and economic development firms, GrowthCap was created to dramatically reduce the amount of time, effort and cost typically involved in a capital raise process.  In 2012, there were over $350 billion in private company offerings, and 87% of issuers did not use an advisor or placement agent.  "The large majority of private companies choose to raise capital on their own and really struggle with the process over a period of several months," said Lumba.  "The process is all-consuming and completely distracting for company owners and executives.  We wanted to help solve this problem."

GrowthCap provides companies with two distinct services – investor research and deal management.  Its research includes information on over 3,000 institutional investors including hundreds of family offices.  "Until now, private company owners and executives simply did not have an easy way to identify all the relevant investors interested in their sector, geography and business stage, among other key attributes," said Lumba.  

While any company can access GrowthCap's investor research, only select companies will be approved for its deal management platform where institutional investors view investment opportunities.  Access to the platform is reserved for companies looking to raise between $10 million to more than $75 million and who meet certain key criteria pertaining to management team experience, financial history, projected growth, market dynamics, competitive advantage and operational strength.

Finding a more efficient means for private companies to raise capital has shifted into focus recently, especially with the passing of the JOBS Act and proliferation of different online funding platforms. "There are a variety of options available for those looking to raise early stage seed and angel funding, such as AngelList, but the more mature institutional growth capital market remains out of reach for the vast majority of companies, and existing solutions still center on the costly and time-consuming model of hiring a traditional investment banker," said Lumba.   

GrowthCap presents private companies with a new solution, providing a full suite of tools and professional assistance to efficiently connect with growth capital investors.

About GrowthCap

GrowthCap connects established private companies to institutional investors and family offices.  Led by a team of seasoned investment banking and technology professionals who have developed the optimal capital raising process, GrowthCap combines financial technology and highly experienced professional execution.  Its services enable companies to identify relevant institutional and family offices in the U.S. and internationally, perform in-depth research on investment professionals, coordinate a confidential and discreet deal process, and receive active guidance and support from a GrowthCap investment banking professional.  Visit GrowthCap at www.growthcap.co.

Media Contact: RJ Lumba, GrowthCap, LLC, (646) 784-0780, [email protected]

News distributed by PR Newswire iReach: https://ireach.prnewswire.com

SOURCE GrowthCap, LLC

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
DevOps tends to focus on the relationship between Dev and Ops, putting an emphasis on the ops and application infrastructure. But that’s changing with microservices architectures. In her session at DevOps Summit, Lori MacVittie, Evangelist for F5 Networks, will focus on how microservices are changing the underlying architectures needed to scale, secure and deliver applications based on highly distributed (micro) services and why that means an expansion into “the network” for DevOps.
"We have a tagline - "Power in the API Economy." What that means is everything that is built in applications and connected applications is done through APIs," explained Roberto Medrano, Executive Vice President at Akana, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and Containers together help companies to achieve their business goals faster and more effectively. In his session at DevOps Summit, Ruslan Synytsky, CEO and Co-founder of Jelastic, reviewed the current landscape of...
"AgilData is the next generation of dbShards. It just adds a whole bunch more functionality to improve the developer experience," noted Dan Lynn, CEO of AgilData, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
The Internet of Things is not only adding billions of sensors and billions of terabytes to the Internet. It is also forcing a fundamental change in the way we envision Information Technology. For the first time, more data is being created by devices at the edge of the Internet rather than from centralized systems. What does this mean for today's IT professional? In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists addressed this very serious issue of pro...
The cloud has transformed how we think about software quality. Instead of preventing failures, we must focus on automatic recovery from failure. In other words, resilience trumps traditional quality measures. Continuous delivery models further squeeze traditional notions of quality. Remember the venerable project management Iron Triangle? Among time, scope, and cost, you can only fix two or quality will suffer. Only in today's DevOps world, continuous testing, integration, and deployment upend...
"We provide a web application framework for building really sophisticated web applications that run on a browser without any installation need so we get used for biotech, defense, and banking applications," noted Charles Kendrick, CTO and Chief Architect at Isomorphic Software, in this SYS-CON.tv interview at @DevOpsSummit (http://DevOpsSummit.SYS-CON.com), held June 9-11, 2015, at the Javits Center in New York
Discussions about cloud computing are evolving into discussions about enterprise IT in general. As enterprises increasingly migrate toward their own unique clouds, new issues such as the use of containers and microservices emerge to keep things interesting. In this Power Panel at 16th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the state of cloud computing today, and what enterprise IT professionals need to know about how the latest topics and trends affect t...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Arch...
In the midst of the widespread popularity and adoption of cloud computing, it seems like everything is being offered “as a Service” these days: Infrastructure? Check. Platform? You bet. Software? Absolutely. Toaster? It’s only a matter of time. With service providers positioning vastly differing offerings under a generic “cloud” umbrella, it’s all too easy to get confused about what’s actually being offered. In his session at 16th Cloud Expo, Kevin Hazard, Director of Digital Content for SoftL...
"A lot of the enterprises that have been using our systems for many years are reaching out to the cloud - the public cloud, the private cloud and hybrid," stated Reuven Harrison, CTO and Co-Founder of Tufin, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
The time is ripe for high speed resilient software defined storage solutions with unlimited scalability. ISS has been working with the leading open source projects and developed a commercial high performance solution that is able to grow forever without performance limitations. In his session at Cloud Expo, Alex Gorbachev, President of Intelligent Systems Services Inc., shared foundation principles of Ceph architecture, as well as the design to deliver this storage to traditional SAN storage co...
"Plutora provides release and testing environment capabilities to the enterprise," explained Dalibor Siroky, Director and Co-founder of Plutora, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society-changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his session at @ThingsExpo, Jason Mondanaro, Director, Product Management at Metanga, discussed how you can plan to cooperate, partner, and form lasting all-star teams to change the world...