CapLinked, a Los Angeles, cloud-based platform that allows companies to raise capital, sell assets, syndicate deals, manage M&A transactions, conduct due diligence, and network, has closed its $1.6m Series A financing round.
Backers, in the round, which brings the total amount raised by the company to date to $2.5m, include FF Angel, Siemer Ventures, 500 Startups, Peter Thiel, Andrej Henkler, and Alexsis de Raadt-St. James.
The company, which also appointed Adam Sroka as Senior Vice President of Technology, intends to use the capital to further enhance its enterprise product offerings.
Founded in 2010 by CEO Eric M. Jackson, CapLinked offers a workspace designed to make it simple to manage and close business transactions such as capital raises, commercial real estate transactions, and business development deals. The platform is used by diverse clients such as large financial institutions for managing deal flow, M&A advisors for coordinating on transactions, real estate funds for selling distressed properties, and high growth companies for raising capital.