Bipsync, a research automation platform that maximizes the productivity and efficiency of investment professionals, today announced the availability of its Open Beta for individuals and early access to its Enterprise product for buy-in investment teams. The company also confirms the closing of its $1 5 million seed financing from a mix of well-known angel investors, individual buy-in professionals investing their private capital and a venture capital firm. The selected investors include: Russell Siegelman (Stanford Lecturer and Partner Emeritus, Kleiner Perkins Caufield & Byers), David Eisner (Founder of the Markets). And Steadfast Venture Capital
‘Thirty percent of our seed round funding came from individual investment professionals – end users investing their own private capital,’ says Danny Donado, Bipsync Founder and CEO. ‘There is no better validation for a product-driven company than pleased customers who want to invest. We are humbled by their support and thrilled today to share what we’ve been building with a wider audience. ”
Research Automation of Modern Investment Teams
Investment management firms have always faced a difficult choice between intuitive but risky consumer software or safe but confusing enterprise software. Bipsync bridges the gap, meeting the technical requirements of the company with the familiarity of popular consumer software.
‘The IT security and compliance requirements are beyond anything that consumer-focused software hosted on the public cloud can provide. At the same time, traditional financial software is notoriously complex and clunky,” explains Donado, a former hedge fund analyst. ‘Incredibly, this means that a personal investor using a patchwork of easy-to-use productivity software like Evernote and Dropbox is better equipped than a professional investment analyst. That’s gonna end today ”
Individual investors and small teams up to three can now sign up for immediate access to the free Open Beta-bringing unprecedented access to research management and automation technology
With Bipsync’s Open Beta, investors can easily:
Capture: the fastest and most efficient digital notebook for investors
Organize: Cut and dice research across multiple dimensions
Collaborate: Auto-map personal knowledge organization
Measurement: Analytics, reports and visualization of your research assets and pipeline
In addition to opening up the service, Bipsync also announced two commercial third parties for larger investment teams with enhanced functionality such as multi-team support, advanced access control, compliance automation, advanced data management, administrative capabilities, support and more. Most importantly, both commercial third parties are private installations. Bipsync has partnered with five large hedge funds-collectively managing more than $20 billion in assets-to gather feedback for its closed Enterprise Beta. The company’s commitment to product design, open access and transparent pricing contrasts with the sales-driven, black-box approach that still dominates the investment software industry.
The ‘Fund’ tier starts at $3,000/month per firm and includes five seats, while the ‘Enterprise’ tier starts at $10,000/month per firm and includes 20 seats. Investors can secure early access prices of $2,000/month and $7,500/month for ‘Fund’ and ‘Enterprise’ third parties by 31 January 2015 respectively.
Automate your research with Bipsync technology in minutes by logging in to: https://app Bip-sync Com/sign-up
Bipsync About
Bipsync is providing a research automation platform to maximize the productivity of professional investors. Founded in 2012 by experienced investors and software developers at Stanford University in Silicon Valley, the company uses state-of-the-art technology and user-centered design to speed up data capture, automate research maintenance, and identify insights that drive better decisions for investors and funds.
Please note that this piece of work originally appeared in English at https://www.vcnewsdaily.com/Bipsync/venture-funding.php. As Investocracy aims to bring global startup news and updates in both English and Japanese to you, it’s important that we attribute original source to you. If you have any questions/concerns please write to us at contact@investocracy.co
