
8vdX emblem

8vdX CRM Dashboard
Enables Founders to create an environment friendly fundraising funnel leveraging analytical insights to maximise conversion from investor leads
— Ravi Chachra
NORWALK, CONNECTICUT, UNITED STATES, November 14, 2022 /EINPresswire.com/ — – The {industry} agnostic CRM device is free for the primary fundraise for all startups; 8vdX goals to onboard over 750 start-ups by Dec 2023
– Encrypted Individual start-up information to make sure information privateness stays sacrosanct
8vdX, an industry-first fundraising and enterprise debt market for start-ups, at present introduced the launch of a fundraising CRM device for early-stage start-ups. Built to make the method of fundraising for early-stage startups extra environment friendly and streamlined, this distinctive fundraising CRM device helps maximize investor-outreach conversions for start-ups by leveraging information to create an clever fundraising funnel. Founded by Ravi Chachra and Vijay Lavhale, 8vdX is a W22 Y-Combinator firm.
According to a examine by Oxford, 90% of start-ups fail inside the first 5 years primarily as a result of they can’t fundraise to cowl their burn price. The key to a profitable fundraise is fixed observe up with buyers – monitoring investor leads by merely using an asynchronous spreadsheet may be ineffective and a waste of each effort and time.
Commenting on the launch, Ravi Chachra, Founder, 8vdX mentioned, “At 8vdX, we are on a mission to empower start-ups to fuel their growth through a start-up stack that provides valuation insights, investor matching and an end-to-end CRM tool for a frictionless fund raise for founders. We built this nifty product based on our own experience as YC founders that raised venture equity leading up-to and around YC Demo Day. Higher quality leads with better chances of conversion often slip through the cracks while investors with lower conversion rates eat-up valuable founder bandwidth. Solving for this pain point, the 8vdX CRM facilitates a seamless, efficient, and data-driven solution to maximize conversion from investor leads.”
The device offers founders a dashboard that gives a snapshot of their fundraising funnel by stage (investor lead – contacted – assembly – due diligence – time period sheet – received/go) and a raise-o-meter to indicate progress in the direction of the fundraise goal. With the 8vdX CRM device, founders can add their investor leads (together with their demo day leads) and generate a fast warmth map primarily based on the historic conversion charges and the common ticket measurement of the buyers. The CRM can then ship out pre-crafted emails with assembly requests with a calendar hyperlink and presentation to the chosen buyers, to considerably cut back effort and time by simplifying the tedious technique of fundraising.
8vdX is targeted on enabling startups to gasoline their progress by way of a startup stack which incorporates offering a cap desk optimization device for founders to design their fund increase, an end-to-end fundraising CRM device with investor matching with the buyers on the platform.
Click on the hyperlinks to know extra:
Link to Fundraising CRM Tool: https://www.8vdx.com/fundraising/
Link for enterprise debt from 8vdX: https://www.8vdx.com/venturedebt/
About 8vdX:
8vdX, based in 2021 by Ravi Chachra and Vijay Lavhale is a tech-enabled market for fundraising and enterprise debt for early-stage start-ups. The firm is redefining enterprise funding by offering entry to funding earlier than an fairness increase, when startups want it most. With a world footprint, 8vdX creates a brand new class of early-stage enterprise debt for promising start-ups and presents a fundraising CRM device to assist founders navigate by way of their fundraising challenges.
8vdX has raised a $3mn seed spherical from Y-Combinator, Kevin Moore, GMO Venture Partners, Zillionize, Cathexis, Grant Park Ventures, Earlsfield Capital, Fox Ventures and Asymmetry.
For More Info: www.8vdx.com
LinkedIn: https://www.linkedin.com/company/8vdx/
Twitter: https://twitter.com/8vdxofficial?lang=en
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Ravi Chachra
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