Observe Startup Investments With This Free Portfolio Software

A member reached out to us earlier this month questioning if there was a great way to trace all the startup investments that they had made. This explicit investor had made a number of startup investments throughout a number of funding platforms and had additionally finished some non-public placement offers. In addition they needed to know the way to switch their startup property to relations in the event that they handed away.

When it comes to property planning and asset transfers, we will’t present an excessive amount of assist. That’s not our space of experience. We do know that some funding platforms let you designate a beneficiary. So that you’ll wish to verify with the funding platforms you employ to see if that choice is obtainable. 

Property planning is doubly vital for crypto buyers. In case your family members can’t entry your crypto wallets after you’ve handed away, the investments are doubtless misplaced perpetually. This occurred to a good friend of mine. Please don’t let it occur to you. Rent an property planner. Write a will. Share detailed directions. Do one thing. Simply don’t depart it to probability.

The place we can assist you is in monitoring your investments.

Monitoring startup investments has at all times been a ache for buyers. There are dozens of funding platforms. Each has its personal monitoring system. And people monitoring programs are siloed. There’s no solution to share knowledge between platforms. Then there are non-public placement offers that occur offline. Till not too long ago, the one solution to monitor these investments was manually.

Google Sheets, Microsoft Excel and Airtable are the instruments most buyers have been utilizing to trace their startup investments. However they’re not perfect. Inputting deal phrases and knowledge factors is time consuming and cumbersome. Producing knowledge pushed insights is troublesome to do. So is calculating potential returns.

That’s why our buddies at KingsCrowd developed the KingsCrowd portfolio software. The software is free (although you’ll have to present your e-mail handle to enroll in an account). And it’s positively value testing.

Early Investing makes use of it to trace the First Stage Investor portfolio (click on right here to enroll) of greater than 100 startups. And I can say with confidence this portfolio tracker is the very best we’ve seen. 

1. It’s straightforward to make use of. Simply sort within the identify of an organization that you just invested in. If KingsCrowd has the corporate in its database (their protection of Regulation Crowdfunding and Regulation A corporations is unimaginable – they usually’re including Regulation D offers on a regular basis), it’s going to come up. Then select which funding spherical you invested in (KingsCrowd tracks these too), the quantity you invested and if you invested, and also you’re in your means. In the event you can’t discover the corporate you invested in, simply e-mail the KingsCrowd group they usually’ll attempt to add it to their database.
2. You should use customized tags to assist handle your portfolio and search by way of it.
3. You possibly can document notes in your funding.
4. And that’s only the start.

As soon as your investments are within the portfolio, KingsCrowd provides you the analytics that you must see how your portfolio is doing. Among the many issues buyers can see are:

1. How properly portfolio corporations are performing.
2. How a lot complete cash has been invested.
3. How a lot has been invested in every sector.
4. And way more!

KingsCrowd is including new options on a regular basis. So the portfolio software will hold getting higher.

In the event you’re in search of a great way to trace your startup investments, the KingsCrowd portfolio tracker is certainly an excellent place to start out.