LaunchPad and ProSeeder Technologies Have Created a Synergetic Partnership
ProSeeder Platform benefits LaunchPad while LaunchPad benefits ProSeeder
MINEOLA, N.Y., Nov. 4, 2014 /PRNewswire/ -- LaunchPad LI, a Long Island-based startup incubator, recently began collaborating with ProSeeder Technologies (ProSeeder), one of its tenants, in a new way. ProSeeder, a technology startup based at LaunchPad in Mineola, offers an enterprise SaaS-based deal management system and proposed to set up a platform for LaunchPad itself. Within eight weeks of the launch of their ProSeeder platform, one LaunchPad executive used the system to vet many applying companies and identify worthy investment opportunities, and an investment offer was made! That deal can now be syndicated to other funding organizations through the ProSeeder platform, thereby increasing the likelihood of generating the capital being sought by the startup company. LaunchPad has increased the number of their locations from the first one in Mineola to several more on Long Island with plans to expand outside of New York. Certainly, the ProSeeder platform will continue to help them assess startup opportunities to cultivate.
It's easy to see how LaunchPad is benefiting from ProSeeder, but how is ProSeeder benefiting from being at LaunchPad? ProSeeder has been located at LaunchPad in Mineola for just under a year. One of the advantages of locating at LaunchPad is that resident startups create an entrepreneurial ecosystem, through which ProSeeder has benefited by collaborating with several resident companies. ProSeeder occupies a large office at LaunchPad and is thriving – going from only six employees to more than a dozen in less than a year, while their software has continued to respond to clients' needs and broadened its capabilities. ProSeeder counts among their clients many of the most active global angel networks, as well as venture funds, broker-dealers, family offices and offers solutions for companies to manage their funding process and corporate governance. ProSeeder has also become an Official Partner of the ACA (Angel Capital Association).
About LaunchPad:
LaunchPad LI is a business accelerator and co-working community in Mineola, Huntington and now Great Neck, Long Island. It was created to help great entrepreneurs improve the odds of startup success and build prosperous companies on Long Island. Their co-working communities are modern environments designed and setup to promote optimum collaboration for startups and "baby firms".
About ProSeeder Technologies:
ProSeeder develops, customizes and licenses an enterprise platform for direct investing in the private securities marketplace. The platform enables financial firms, individual investors, and private companies to conduct and manage various aspects of investment and corporate operations on a single fully integrated system. ProSeeder's technology is private labeled and easily configurable for each organization.
SOURCE ProSeeder Technologies
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