How they describe themselves: BaseVenture is a SF Bay Area SaaS start-up that is disrupting the fund management & administration industry. This $6B industry with more than 40,000 funds is desperate for transformation, as it is a people-centric model with 20+ year old technology pushing paper, physical signatures and spreadsheets by hand, email, and fax. We have built a platform that helps fund managers and administrators clear their desks, rip out their file cabinets, and stop chasing signatures and money. Our platform transforms the way a fund manager or administrator manages their fund from end to end. It’s digital fund management at its best.
How they describe their product/innovation: Our flagship product is called “FundManager.io”, which is a SaaS platform designed specifically for fund managers & administrators that gives them a “Command Central” in the cloud to digitally manage their investors and funds, execute investments, move money, and raise capital. This automated & secure platform radically simplifies the process of managing a fund, and brings a layer of data intelligence, reporting, workflow management, document storage, and tagging that is not found anywhere else today. This results in less work for the fund manager, more time to focus on generating alpha, lower costs, and happier investors.
Product distribution strategy: Direct to Business (B2B), licensed