The deal business is changing rapidly. While we recommend that any company that is serious about their sales process engages an investment banker, some companies simply lack the EBITDA to run a full process. The alternative in such cases has been business brokers, who often charge 10% of the sales price.
For example, a company that has earned significantly less than $3MM of EBITDA over the last 12 months would struggle to find an investment banker willing to sell their company, due to the size of the opportunity. For those companies, the Dealounge platform can empower them to run their own process, with our facilitation and advice.
For companies seeking new capital, Dealounge has pioneered a concept called Officer-Raised Financing that allows active members of the management team to tap directly into our audience of 100,000+ individual accredited retail investors.
Typically these financings have similar characteristics:
$1- $5 million sought
Convertible note offering, i.e. not a priced round
Transition capital to the next priced round; can in some cases replace a seed or an A round
Dealounge does not engage in crowdfunding. Officer-Raised Financings are led by an active member of the management team, with our technical assistance, and are available to our select audience of retail accredited investors only. These financings are not shown on our site, and are not publicly advertised or distributed.
if you have an interest in either selling or raising capital. Let’s get started!