In today’s fast-evolving investment ecosystem, private investors have an array of options for funding startups, allowing them to engage without the need for face-to-face interactions. This trend, ignited by platforms like AngelList, has blossomed into a crowded marketplace featuring Carta, Allocations, Vauban, and Odin, all designed to streamline capital raising for startups and transaction management for investors.

Now, a dynamic newcomer, Quoroom—founded by two visionary Ukrainians—aims to carve out its niche by enhancing its capital-raising platform through the acquisition of Investory.io, a Vienna-based company. While the financial details of the deal remain under wraps, Quoroom now boasts a robust clientele, including over 30 funds and angel investor groups, along with approximately 1,000 startups leveraging its comprehensive cap table management services.

Investory, which had secured a modest $1.5 million in venture funding—primarily from accelerator Startup Wise Guys—will see its platform phased out over the next year, as Quoroom consolidates its offerings.

As the venture ecosystem expands, the challenges of investment management have become increasingly convoluted. Syndicates and funds often find themselves navigating a web of disconnected tools, exorbitant legal fees, regulatory hurdles, and cumbersome portfolio management processes. Add in the complexities of special-purpose vehicles (SPVs) and compliance requirements, and it’s clear that the landscape is ripe for innovation.

Quoroom is stepping up to the challenge, offering an all-in-one solution that integrates deal management, compliance, legal documentation, portfolio monitoring, investor relations, and exit distributions. “Our platform simplifies the entire fundraising process,” says Ulyana Shtybel, co-founder and CEO. “With advanced features like data rooms, investor CRM, soft-commitment forms, legal documents, and e-signing capabilities, we’ve slashed closing times from four weeks to just one,” she highlights.

Founded in 2020 as a legal tech platform for angel deals, Quoroom has since evolved to support syndicated investments. Now, founders using Quoroom benefit from streamlined legal documentation, including SAFEs, ASAs, and convertible note agreements. For VC funds, the platform automates LLP agreements and conducts essential KYC and AML checks, in addition to managing the SPVs for each deal.

Quoroom enhances its transaction efficiency by collaborating with an FCA-regulated entity, while also offering payment options directly through client bank accounts.

While Quoroom enters a competitive field, with Carta being a notable rival due to its extensive range of services, other players like Bunch from Berlin and Odin from the U.K. are also making waves. Bunch recently raised €15.5 million in a Series A round, claiming to manage €2 billion in assets, while Odin faces regulatory scrutiny as it restructures its compliance operations.

In the U.S., platforms like Sydecar, AngelList, Allocations, Fundrbird, and many others are also vying for market share, but Quoroom’s unique value proposition lies in its ability to simplify and integrate the entire fundraising journey.

With an eye on the future, Quoroom’s founders are tapping into a monumental shift in wealth. Millennials are projected to inherit between $30 trillion and $68 trillion by 2030, with some estimates soaring as high as $140 trillion. This impending wealth transfer is likely to drive a surge in venture capital and impact-focused investing, as younger investors increasingly turn to digital platforms to manage their investments.

As Quoroom forges ahead, its mission to empower startups and investors could be just the catalyst needed to reshape the capital-raising landscape for generations to come.