This post is by David Teten from David Teten


I asked Sriram Gollapalli, a founding member of TBD Angels and Long Angle, to share some details on TBD Angel’s tech stack and the ways in which it has helped TBD become one of the largest and most active angel networks in the US, since its inception 3 years ago. This is part of PEVCtech‘s series on investment management firms’ tech stacks.

 

Q: Please give us an overview of TBD Angels.   

TBD Angels is an early-stage investing group, founded in early 2020, with a mission to enable our members to extract value out of the collective group through collaboration during dealflow, and engagement with our portfolio companies. We’ve assembled over 300 investors from over 30 states and 6 international countries, where many of our members are current or former operators & founders with experience battling some of the same challenges that our portfolio founders face. During our 3 years, we’ve seen about 400-500 deals and have invested in about $10MM in 75 deals across 65 companies.

Members collaborate throughout the process, but make their own decisions on which deals they want to invest in, and how much they’d like to invest. For the actual investments, we aggregate all interested members into a single SPV, resulting in a streamlined approach for our group and the portfolio companies. 

Q: Can you please share your major tech needs (e.g., CRM, marketing tech, back office); the tech providers you’re currently using; and their strengths and weaknesses?

In addition (Read more…)