Finding the right venture capital firm (VC) is an integral step in establishing your startup company. Not only is it critical for securing the funding that your company will need for its first big steps, but also for creating the relationships within your industry that can serve your company well into the future.
There is no doubt that going about this search for your “baby” is an intimidating and timely process, and it truly deserves your time and attention if you care about the success of your company. Approaching the wrong VC firm can be a fatal mistake, because once an investment opportunity is rejected, it becomes very difficult to be reconsidered– even by other firms.
The FindTheBest Venture Capital Comparison Tool is an unbiased side-by-side comparison tool that allows users to compare and contrast over 1,000 VC firms from around the world by the most important VC criteria: industry focus, investment stage, investment range, location, and investment professionals. It is especially important that startups pick firms that specialize in the appropriate investment stages or stages of development and those that have a focus on the correct area whether that is that is financial services, biotechnology, or healthcare.
The free online database is organized so that users can sort and refine their initial search by the aforementioned factors including the VC’s fund size, investment stage, city, and state (some firms specialize by region). Once you have identified the right firm for your company, the tool allows you to search through investment professionals from that company, and their specialties, professional history, colleges attended, and previous employers.
If you are doing the right research, finding the right VC firm for your startup does not have to be a stressful or overwhelming process.
To view the comparison for yourself, check it out under Noobpreneur’s section found on the site home bar: Compare VC Firms for Startups.
About the Author: The article is written by Lauren Gurley, Writing Intern at FindTheBest.com, a comparison engine that lets users explore anything from comparing smartphones to finding the best personal loans.