Investor & Startup News from Dealum

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NuFund Venture Group Partners with Dealum to Drive Growth in Angel Investing

​ NuFund Venture Group, a new wave of angel investors with a fund model investing in technology leaders, and Dealum, a premier platform for angel organizations, are thrilled to announce a strategic partnership. This collaboration is set to revolutionize the investment experience for both investors and startups, fostering innovation and driving growth in the early-stage capital ecosystem. "We are excited to join forces with NuFund," said Seren Rumjancevs, CEO of Dealum. "Their unique fund model and impressive network of investors bring diverse perspectives and expertise to the table. Together, we aim to significantly impact the next generation of angel investing." she continued. NuFund has been one of the most active and successful early-stage investor groups over the past two decades. With over 350 active accredited investors nationwide, NuFund has built a reputation for excellence and innovation. The group has consistently invested an average of $12 million annually from 2020 to 2022, focusing on...

Dealum’s new Network feature: sharing deals is easier than ever

​[[{"value":" We have launched Dealum’s new Network feature – a centralized space where angel organizations across the platform can easily connect, follow their partners’ updates, and share news or deals. Angel group collaboration and co-investing have never been easier!  With Dealum’s Network angel organizations can:  Send each other connection requests.Share updates and deals with their connections.Keep up and join in with good deals.See their whole network’s news in one central feed.Network feed and contact book on Dealum Almost filled a round but need those last few commitments? Easily hit up your network to see who might be interested. Reached a significant milestone and want a pat on the shoulder? Let your connections know. Keep missing good deals from your partner groups? Never overlook an email again.  It’s like LinkedIn for angel investing – but in the best possible way.  Dealum’s CEO Seren Rumjancevs says this is a big step towards Dealum’s main goal – a connected pre-seed ecosystem:...

Case Study: How Keiretsu Forum boosted deal flow transparency

​[[{"value":" The challenge: finding a solution that supports the various components of angel investment group's business model  Keiretsu Forum is the world’s largest “by invitation only” angel investor network. It’s also the fastest-growing and most active angel community in the world. The forum is comprised of chapters (i.e. sub-groups) that operate in specific regions, contributing towards the economic growth and funding of innovation in the area. All Keiretsu Forum members are accredited investors and the member community includes successful senior executives, business leaders, family offices, and serial entrepreneurs. What makes Keiretsu Forum special is its highly collaborative syndicated chapter network. This means they need to share information easily yet safely within their own group as well as across other Keiretsu groups. To facilitate the syndication process, they find it very helpful to document as much of the due diligence process, questions, and information as possible. “Having that...

Fundraising as a startup 101

​[[{"value":" How not to make a complete fool out of yourself in front of investors Startup fundraising is a tale of high stakes, high hopes, and occasionally, high embarrassment. It has inspired countless movies, sketches, and memes about inexperienced founders, armed with nothing but a pitch deck and a dream, stumbling through their elevator pitches and investor meetings.  It’s the number one skill that startup founders need to get their ideas off the ground. And it’s also a skill you mostly learn in a battle. But fear not, young founder! This guide will cover the basics of startup fundraising that you can control. We’re not saying we’ll put the FUN back to fundraising, but we’ll help you make your fundraising more professional and less, well, comedic.  Fail to plan or plan to fail – how to make sure you’re prepared for fundraising When you’re asking for other people’s money, the importance of preparation cannot be overstated. It’s your one chance to make a good impression so don’t waste it (or the...

Case Study: How Maine Angels transformed screening efficiency

​[[{"value":" The challenge: clunky software and missing information  The Maine Angels are accredited private equity investors who invest in and mentor early-stage companies in Maine and New England. Founded in 2003, they have invested over $39 million in more than 50 companies. Currently, they have around 80 active members and receive 10-15 investment applications per month.  Before Dealum, Maine Angels used Gust for managing their members and investment applications. Even though the solution had similar capabilities and processes, Elizabeth Mills, the Operations & Investment Associate of Maine Angels says that the user experience was clunkier: “Obviously there were things that we liked but a lot of things just took more time or effort. One of the biggest pain points was that the applying companies never submitted all the required information, there was always something missing. We had to follow up constantly and there was a lot of hand-holding required.”  The final nudge to look for alternatives came...

Deal negotiations 101 for angel investors

​[[{"value":" The purpose of deal negotiation is – obviously – coming to a deal. Not just any deal, but a mutually beneficial agreement for both the investor(s) and the startup. Angel investing is much more than the “set it and forget it” type of traditional investing and, as such, a successful deal negotiation should be the beginning of a transparent and fruitful partnership for years to come.  Here’s what angel investing deal negotiations usually look like and why they often include a lot of give and take.  What does the negotiation process look like?   Deal negotiations happen when angel investors spot a promising new investment opportunity. The most common ways angel groups find good new deals include general networking, referrals, startup pitch events, online investment platforms, and applications by the startups themselves. A warm introduction from a mutual contact over email or a phone call is a great way to bring a deal to the angel group’s attention. Once the opportunity has been validated and the...

Economic uncertainty: the tailwind or headwind for the angel community?

​[[{"value":" 2023 was undoubtedly rocky for the startup world. There’s a widely known saying attributed to Baron Rothschild, an 18th-century British nobleman and member of the Rothschild banking family that "the time to buy is when there's blood in the streets" to which Warren Buffet has added: "Be fearful when others are greedy and greedy when others are fearful." Both of these hold true in traditional and angel investing.  But is there blood on the streets yet? And if so, how does this affect angel investing? As we’re nearing the end of Q1 2024, let’s take a look at whether the economic downturn and high inflation are good news or bad news for angel investors.  Are things as bad as they seem in the startup world?  We’ve previously written about the tech sector's mass layoffs, as well as the post-covid startup landscape. The verdict still holds – this is more of a correction than a collapse.  After the initial COVID shock, money pumped into startups skyrocketed. At the end of 2022, after one hell of a...

How can angel investor groups use social media (the non-cringe way)

​ Today, everybody who is anybody is dancing away on TikTok – from mainstream influencers to realtors and bankers. What about the world of angel investing? When will we see angel investors promoting their latest syndicate while wiggling away to some hit song? Even though TikTok is likely not going to be the first choice for investment insight any time soon, the power of social media is recognized by angel investors across the globe.  But how exactly can angel groups use social platforms in their favor? And how to make it worth your while? Let’s dive right in.  There are many ways angel investor groups can benefit from a social media presence.  Visibility and networking: being active on social media increases the visibility of your angel group and helps attract potential investment opportunities. You can reach and build a community of founders, other investors, mentors, and the broader startup community. Building a reputation: sharing content like articles, webinars, videos and tutorials on social media can...

Dealum partners with StartUpNV to help foster Nevada’s entrepreneurial ecosystem

​[[{"value":" Dealum is excited to announce its partnership with StartUpNV, Nevada’s state-wide accelerator and venture fund dedicated to building a diverse and resilient economy. This collaboration aims to support and enhance StartUpNV’s impactful programs that educate, cultivate, and attract investment for entrepreneurs and startups.  “We are happy to contribute to the growth of Nevada’s entrepreneurial community through partnership with StartUpNV ,” said Seren Rumjancevs, the CEO of Dealum. “What stands out for us in StartUpNV is that their business strategy focuses on investing in non-traditional founders and markets, contributing to economic diversification. We want to contribute to this strategy with our platform and services!” StartUpNV is proud to partner with Dealum as their centralized startup investment platform. “Our team can easily manage all of our venture and investor education conference funds, evaluate companies for investment with customizable diligence requests and assessment tools,...

Case Study: How sTARTUp Pitching scaled their operations

​ Before – the challenge Before adopting Dealum, sTARTUp Day faced operational challenges. Pitching competition organizers struggled with the manual nature of the event management: startups registered via Typeform and data was managed and processed in Excel. The festival's growth over the years made this approach unsustainable. As the event evolved and the number of participating startups increased, the workload became overwhelming – old methods required increasingly more time and effort. The decision to transition to Dealum was influenced by practicality. Dealum's founder, Rein Lemberpuu, is also a founder of sTARTUp Day and recommended the platform. The primary criterion for choosing Dealum was its ability to make the organizers' lives easier. Dealum's user-friendly interface and comprehensive platform features aligned with the festival's goals. The decision was later reinforced by Dealum's support system, assisting whenever needed. The competition has grown significantly. In 2017, around 20 teams were...