NYC-based GrowthCap launched its private equity deal platform where established private companies can raise growth capital from institutional investors and family offices.
The platform opens with over $50m of live deals in market.
Founded by RJ Lumba, GrowthCap aims to reduce the amount of time, effort and cost typically involved in a capital raise process by providing companies with two distinct services – investor research and deal management.
Its research includes information on over 3,000 institutional investors including hundreds of family offices. Select companies (looking to raise between $10m to more than $75m who meet certain key criteria pertaining to management team experience, financial history, projected growth, market dynamics, competitive advantage and operational strength) can access to the deal management platform where institutional investors view investment opportunities.