LetsVenture - for the last 7 years has been the most trusted and active platform for startup fundraising in India. We have a strong track record in building out a tech-enabled platform that has enabled over 250(as of July 2020) startups to raise more than $200 M from thousands of angel investors, micro-VC funds and family offices. Having raised this equity, we have also noticed the gap in the market to manage this equity and that was the genesis of MyStartupEquity in late 2019. Note that MyStartupEquity product is built by the same folks who built LetsVenture platform and owned by the same entity namely LetsVenture Technologies Pvt Ltd.
MyStartupEquity is a SaaS fintech play that is digitising, automating and securing the most valuable asset that any startup has - its own equity! This is a product to help founders, employees, investors and VCs better manage their equity in startups. The product is designed to become the single source of truth for all matters related to a startup's cap table and ESOPs (including Phantom Stocks, Stock Appreciation Rights). By using the product, startups, right from the earliest stages to those with 10s of investors and 100s of employees with ESOPs can avoid errors that might creep into an Excel sheet and the lack of security when this Excel sheet floats into the market. Moreover, the product has a lot of tools packed in to make life for the founder, finance and HR teams simple. Presently(as of July 2020), MyStartupEquity has 60 startups (seed to Series D) from India, USA and Singapore using the cap table and ESOP management product.