Monday, March 12, 2012

Invested.in Hooks Into AngelList With Crowdcelerator.com

Los Angeles-based Invested.in, the developer of web-based software for managing crowd funding efforts, has connected its service into the popular AngelList service, saying last week that it is launching Crowdcelerator.com, a new service which uses AngelList's API to help startup companies raise funds and close their fundraising rounds. The new service, which is in private beta, uses AngelLists's API and Invested.in's social fundraising platform to drive angel investment deals.

Invested.in said the new service will help companies manage startup pitches, questions and answers to investors, provide term sheets, and close deals directly on their own, custom web site. The service also will allow investors to communicate with startups, view questions and answer, and invest in startups. Pricing on the new service was not announced. Invested.in is headed by Alon Goren, and is now part of the Amplify.LA accelerator. AngelList is a popular online service which helps startups connect with angel investors.

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