Trustatom, Inc. Streamlines Investment Due Diligence for Eastern Companies

Trustatom, Inc., a Canadian based provider of trust-enabling technologies, has partnered with Hong Kong based EastFounder.co to establish a data-driven investment due diligence process for eastern startups with its SaaS, Streamline.VC. The service is powered by the company's proprietary technology stack and blockchain.


VANCOUVER, Canada, March 30, 2015 (GLOBE NEWSWIRE) -- via PRWEB - Investment success is a multidimensional challenge. It is often capped by the investor's ability to look at new deals. Predicting deal success early on is fundamental to dedicating the bandwidth towards only the most promising deals. To address this, Trustatom has developed Streamline.VC, a service aimed to standardize and optimize the due diligence process. Woven into the fabric of the product, innovative trust-enabling technologies help investors establish a higher level of confidence early in the process.

Investors gain the ability to manage their checklists and reuse standard ones. Company materials, such as corporate information, agreements, reports, metrics and KPIs and other documents are fingerprinted and timestamped. This gives investors an irrefutable, portable timeline evidence, providing an efficient way to gauge investee's credibility.

For companies, their service integration takes only a few minutes and requires virtually no further maintenance. Streamline.VC timestamps every company document without sharing it with any third party. No documents are shared with investors without a company's permission.

Streamline.VC focuses on two key aspects: providing exceptional communication clarity and turning deal information into machine-readable documents. Thus both sides can efficiently analyze cap tables, term sheets, metrics and other data.

For example, companies can easily manage their shareholder's register, convertible notes, options and warrants in one central location, deferring complex arithmetics to the service. Investors gain access to an indisputable audit trail of all cap table activities as well as a comprehensive summary.

Starting April, 2015, over 3,000 Asian and Middle Eastern startups will get seamless access to the service through their EastFounder.co accounts.

According to Frederick Saurat, EastFounder.co co-founder, "I immediately saw the benefits provided by Streamline.VC for our marketplace users. On the one hand, it can be perfectly integrated into our recommendations for startups on how to become fundable early, raise capital faster. On the other hand, it leverages transparency and trust technologies which will help investors to invest in Asia/Middle East with more confidence."

Trustatom will continue to onboard regional and global investment platforms to give investors access to a diversified portfolio of investment-ready companies.

To sign up for the service, please visit https://streamline.vc

About EastFounder.co

EastFounder.co is a data and business intelligence driven fundraising marketplace with a focus on eastern startups. It helps founders to make their companies fundable, raise money and grow while helping global investors (angels, VCs and corporates) to find great opportunities and invest in the East. The platform also provides users with additional high-value services to help them achieve their goals. The service is operated by The EF Group Ltd. The company is headquartered in Hong Kong.

To contact EastFounder.co, email Frederick Saurat at Frederick(at)eastfounder(dot)co

This article was originally distributed on PRWeb. For the original version including any supplementary images or video, visit http://www.prweb.com/releases/trustatom/streamlinevc/prweb12568684.htm


            

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