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


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
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by FinTechEXPO. ICOHOLDER give you detailed information and help the community to invest in the trusty projects. Miami Blockchain Event by FinTechEXPO has opened its Call for Papers. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Miami Blockchain Event by FinTechEXPO also offers s...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Daniel Jones is CTO of EngineerBetter, helping enterprises deliver value faster. Previously he was an IT consultant, indie video games developer, head of web development in the finance sector, and an award-winning martial artist. Continuous Delivery makes it possible to exploit findings of cognitive psychology and neuroscience to increase the productivity and happiness of our teams.
As DevOps methodologies expand their reach across the enterprise, organizations face the daunting challenge of adapting related cloud strategies to ensure optimal alignment, from managing complexity to ensuring proper governance. How can culture, automation, legacy apps and even budget be reexamined to enable this ongoing shift within the modern software factory? In her Day 2 Keynote at @DevOpsSummit at 21st Cloud Expo, Aruna Ravichandran, VP, DevOps Solutions Marketing, CA Technologies, was jo...
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
Evan Kirstel is an internationally recognized thought leader and social media influencer in IoT (#1 in 2017), Cloud, Data Security (2016), Health Tech (#9 in 2017), Digital Health (#6 in 2016), B2B Marketing (#5 in 2015), AI, Smart Home, Digital (2017), IIoT (#1 in 2017) and Telecom/Wireless/5G. His connections are a "Who's Who" in these technologies, He is in the top 10 most mentioned/re-tweeted by CMOs and CIOs (2016) and have been recently named 5th most influential B2B marketeer in the US. H...
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of bus...
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...