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Venture firm The Syndicate Group Inc. today announced new updates to its software-as-a-service platform to enable strategic channel partners to invest in venture deals alongside many of the leading venture firms in Silicon Valley.
The updates include a more streamlined user experience with easy access to critical documents and filings, allowing investors to monitor and manage a portfolio of investments. The company’s platform has also added new dashboards that feature extensive and proprietary investment information, a collaboration channel to support information sharing and an active dialogue among strategic partners who invest in and directly support the growth of their portfolio investments.
Founded in 2018, TSG focuses on helping startups scale faster by organizing exclusive investment access for its channel partners. As well-documented this year, venture capital has been struggling, with a few exceptions, as a result of broader macroeconomic concerns. TSG argues that as investment capital continues to be sparse and many startups struggle to attract the attention of popular VCs and traditional funding sources, seeking new funding methods is critical.
TSG’s platform seeks to address the current state of venture capital by leveraging a robust network of more than 400 channel companies and over 5,000 strategic individuals who collaborate to arrange syndicated investments that optimize both the capital and the strategic value of these investors.
“TSG enables companies to access a significant pool of untapped capital from multiple strategic investors while maintaining a single investor entity on the cap table,” said founder and Chief Executive Chad Cardenas. “Longer-term, our platform also enables channel partners and venture capital firms to run their own syndicated investment programs. This allows these entities to combine the capital and expertise of several co-investors into one larger asset investment, which not only adds value but also decreases risk.”
In addition to channel partners and venture capital firms, TSG notes, access could also be extended to certain startups that may not have made the cut to run a program with The Syndicate Group’s network of investors but that are interested in engaging the TSG platform with their own network of strategics.
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