OpenRound

Founders platform to find and manage investor relationships

52 followers

Founders platform to find and manage investor relationships

52 followers

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Spreadsheets

•

Knowledge base software

•

Fundraising resources

A platform for founders to research and manage investor relationships. Automating catch up reminders and tracking relationships - kill the spreadsheet. Plus a Termsheet visualisation tool to check fundraise modeling and dilution.

Free Options

Launch tags:Productivity•Venture Capital•Fundraising

Launch Team

Tines The single, secure environment for agents, apps, and automations.

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OpenRound

Maker

📌

Always blew my mind how little tech there was for founders and startups navigating the fundraising ecosystem. Decided spreadsheets and general tools just wasted time and burnt runway, more focus was needed to allow the space and time for innovators to create their own projects. Without making fundraising feel like a full time start stop job. Built a directory alongside a CRM that tracks relationships and reminds users when to get back into contact with their lists - so it doesn't get lost in the spreadsheet. also added a fundraise modeling tool to allow users to map termsheets and see how terms like Dilution or Pro-rata may affect this or the next round.. Power to the Founder!

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2yr ago

OpenRound

Maker

@milad_ranaei - we’ve begun by focusing on providing time back via enabling the ability to quick view the time time between catchups to enable a snapshot view of relationship degradation. We’ve provided some redundancies in terms of catch up reminders and keep warm settings. As a hint of where we want to go we’ve also added a database to help understand investor focuses be it specialist or generalist. And added a term sheet visualisation tool to provide a proactive measure when assessing terms and their knock on effect like dilution or pro rata. Where we want to get to with V2 is enabling a clearer look at investors likely chances of deployment based on activity and thesis against a startups profile to again provide time awareness to discussions. And a preparation state to improve founder readiness whilst provisioning a clearer pathway through opaque stages such as diligence. There’s a lot to do. And this is where we begin.

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2yr ago

OpenRound

Maker

@vit_aver we’ve added the ability to set reminders into two camps. Keep warms for general updates, timing of which can be changed as per user preference. And critical follow ups which are date specific. The system will email the user at the designated date and if nothing is adjusted or moved there are redundancies for a couple of weeks. As we all know the day we set in the future could end up escaping us, so the system acts a little bit like a founder associate tapping on the shoulder reminding about a follow up. These are often the details that can easily disappear inside a spreadsheet, particularly as a list grows. We want to make sure users can focus more on executing key actions vs maintaining a spreadsheet.

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2yr ago

OpenRound

Maker

@milad_ranaei appreciate the engagement and support. Feel free to link with me on LinkedIn as well if you’d like to stay up to date on OpenRound.

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2yr ago

OpenRound

Maker

@lokesh_singh6 thanks, we don’t have any open source projects right not. But an idea for future. Watch this space.

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2yr ago

Great-looking app. Used the discount to buy the middle option but the app won't let me do anything yet. Maybe some kinks to work out on the Product Hunt deal? Also, can you add existing investor relations or just new investors you find on the platform? Excited to use this tool if it has that functionality.

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2yr ago

OpenRound

Maker

Hi @erburgess thanks for flagging, I have reset the account our side so you should have full access now. Any other issues feel free to ping me direct on josh@openround.vc We are building out a bulk upload feature, but happy to help out and get a bulk upload manually done to your account. Ping me an email if it's something you like to set up. Otherwise thanks for the support and look forward to seeing what you think once you have had a chance to wander around the full MVP. J

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2yr ago

@josh_ockenden Thanks - will jump in again this afternoon. I'll email you directly next time. I replied to the welcome to ask but it rejected the email.

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2yr ago

OpenRound

Maker

@erburgess our server emails are no replies, but my email should have been in there for reference. Either way glad it’s sorted and anything else just ping me.

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2yr ago

Excellent idea and a beautiful interface: very 'business card-ey', love it. Way to go @josh_ockenden !

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2yr ago

OpenRound

Maker

@zaryat thank you for the support and feedback.

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2yr ago

Brizy

Can't wait to check it, Gj

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2yr ago

OpenRound

Maker

@dimitrie_baitanciuc Thanks - feel free to get in contact if you need any help or support. Plus don't forget our free upgrade for our Product hunt launch month.

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2yr ago

Insou AI

Looks cool, Congratulations on your launch OpenRound

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2yr ago

OpenRound

Maker

@wong_levene thanks, appreciate the support

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2yr ago

OpenRound

Maker

Josh the founder here, I’ll be here most of the day so feel free to AMA.

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2yr ago

Retexts

Congratulations on your fantastic product! I'll definitely revisit when I'm in a similar stage and need to consider fundraising.

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2yr ago

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