OpenUp: BoomStartup’s SPV Service
BoomStartup is a unique accelerator, in many ways. One in particular is how we prepare companies for funding and also how we close funding for them. Join this webinar to learn more about how BoomStartup helps founders prepare for the capital raise experience, and how we leverage SPVs to find the right set of investors to participate in the round.
Avoiding the first big mistake – A messy and big capitalization table
Institutional investors require a clean cap table. However, many entrepreneurs take money directly from many small investors causing an administrative nightmare and an unclean cap table. BoomStartup uses Assure’s Glassboard to quickly and affordably spin up an SPV and organize similarly sized and similarly positioned investors in one structured vehicle, keeping your cap table clean and preparing you for an institutional fundraise.
This webinar will cover
- BoomStartup’s AmplifyUp program and how our fundraising approach is different
- The basics of an SPV and how Assure services helps BoomStartup, founders, and investors in this (and future) fundraising experiences
- What you need to know as a founder if you bring investors into the SPV round
- What to expect when using an SPV and BoomStartup as your investment round organizer
Date and Format
This event was hosted on Thursday, July 15, 2021. The event recording is available to watch, now.
This OpenUp program is free. But you must register in advance.
Meet the Experts
Senior Director of Business Development at Assure
Jared Snow has worked new business development for early-stage companies more than 7 years, in which time he has helped scale revenue teams averaging over 100% growth year over year. During his time at Assure, Jared has helped Assure grow at a rapid pace, helping Assure become on of the 15 fastest growing companies in the state of Utah. Jared has directly helped over 500 Venture Capitalists fund over 3,000 deals in early-stage companies.
Jared was born, raised and received his business degree in California and is now living life elevated in Utah. He loves the outdoors, athletics, family, and is passionate about helping companies achieve their goals through venture funding to help the world become a better place.
Managing Director at BoomStartup Accelerator
Tara Spalding is Managing Director of BoomStartup Accelerator. BoomStartup is a mentorship-driven, angel-stage investment program for startups. It is an online technology-driven accelerator, providing entrepreneurs a custom business plan including business maturity guidance, investment preparation, and capital structuring relevant to growth, and investment strategies as well as a curated marketplace for services. Tara is the founder of Hen House Ventures, an early stage incubator that helps tech companies rapidly scale when entering massive markets. She is on the board of trustees for VentureCapital.org. Tara is the recipient of the 2020 Utah Business 30 Women to Watch award.