Peregrin Marketplace Limited, a UK provider of investment software and software-enabled services, has launched its new Rapid Recap web application worldwide. Using Peregrin’s proprietary transaction management system, Rapid Recap enables company profiling, data sharing, due diligence, non-disclosure agreements and term sheets to streamline debt and equity fundraising online. Other features of Rapid Recap include book builder tools for concluding an investment round with multiple investors.
Rapid Recap saves fast growing businesses and startups time and money when compared to traditional fundraising processes, and supports remote working arrangements. Unlike crowdfunding, Rapid Recap allows qualified users to negotiate customised terms of investment. Seamless flexibility is critical to investment rounds with institutional investors, corporates and more experienced angel investors....