CEO Patrick Theander believes that while VCs spend a lot on gaining a competitive edge, they lack the nuanced understanding of the tech startup ecosystem required to build a platform like Cap VC's. He also suggests that many VCs are content with the status quo, which has given Cap VC an opportunity to disrupt the industry. The platform is set to launch to the public in February.
Key takeaways:
- Cap VC is launching a tool for venture capital firms and startups that uses AI to streamline investment decisions and operations.
- The tool turns unstructured data from PDF files, balance sheets, and other financial documents into structured data, providing a full context of a company's history for potential investors.
- Cap VC is also working on creating a more accessible space for limited partners and auditors, collaborating with firms like Deloitte to build a fund management tool.
- The platform is expected to launch to the public in February, and despite the small team size, CEO Patrick Theander believes they can build faster and better with the right set of people.