DealMaker is announcing that Google Cloud has selected DealMaker to join its Google for Startups Program.
Google Cloud has awarded $100K in credits “to accelerate DealMaker’s AI innovation in the fintech space with their robust AI tools.” By joining this program, DealMaker will “have access to the resources needed to quickly and efficiently scale and expand operations.”
To date, DealMaker has “processed over $1.87B in transactions and over 1,000,000 investments – more than any counterpart or competitor in North America.”
DealMaker’s technology reportedly “powered eight of the ten largest online capital raises globally in the past 14 months.” Inspired by the JOBS Act in 2015, DealMaker was born from the will to disrupt the traditional capital raising process – “taking clients from a pen and paper system to a seamless digital process – supporting all raise types and jurisdictions.”
At the heart of DealMaker’s operations is “a commitment to leveraging AI to optimize the end-to-end investor experience – making buying shares as easy as buying shoes.”
Google Cloud will support DealMaker’s innovation and AI enhancements “to make online capital raising faster, easier and more accessible to those looking for alternative funding vehicles.”
Rebecca Kacaba, CEO & Co-Founder of DealMaker, said:
“Google Cloud’s support helps us in our mission to build the most sophisticated capital markets tool on the planet.”
By integrating AI into the very complex and complicated capital raise process, DealMaker backed with Google Cloud’s sophisticated AI technologies can “continue to push the needle forward for capital raising and equity crowdfunding.”
DealMaker’s CTO Geronimo DeAbreu said:
“The program will play a pivotal role in our optimization initiatives with a focus on AI implementation throughout our capital raising flow.”
Joining the Google for Startups Cloud Program is a key milestone for DealMaker. At this new juncture, DealMaker’s focus is “to refine the platform and innovate its service offerings to make online capital raising mainstream.”
DealMaker is on a mission “to create the most sophisticated capital markets tools on the planet, empowering capital to flow faster.”
It offers a suite of primary issuance, shareholder management, and capital raising solutions that “includes equity crowdfunding, investor ranking algorithms, and data/analytical tools to support all capital raise types and all securities.”
Its technology was designed “to enable organizations to own and control exempt market raises to get the money they need, faster.”
DealMaker says that it “works for their issuers: putting brands and founders back in control to run streamlined, successful capital raises. Its mission is to turn the process of raising capital into simple eCommerce.”