New Online Tool That Assists Entrepreneurs in Capital-Raising Efforts Launches Beta Program
The PMVtool, a new cloud-based system that gives capital-raising entrepreneurs a simpler, more complete way to quantify their company’s pre-money valuation, has launched the PMVtool Beta Program.
Phoenix, AZ (PRWEB) June 01, 2012
Entrepreneurs thinking about or in the process of raising capital to grow their business are invited to be a part of the PMVtool Beta Program that launches today. Participants in the program will receive regular updates on product development, feedback opportunities, as well as access to the PMVtool prior to consumer launch.
“Determining the pre-money valuation of their company is essential for entrepreneurs in order to begin investment conversations with any party. But existing valuation methods are incomplete and complicated, often resulting in a contentious start to investment discussions” stated Paul Jackson, founder and Managing Partner of Brite Ventures, makers of the PMVtool. “The purpose of the PMVtool is to equip entrepreneurs with a simplified yet more complete way to determine their company’s pre-money valuation. Getting input and feedback from entrepreneurs during the product development phase is essential to the success of the PMVtool, and we are excited to engage with our early users through the beta program.”
“We are wrapping up a Series A investment round for Bulbstorm and I am excited to be a part of the PMVtool Beta Program.” stated Bart Steiner, Founder and CEO of Bulbstorm.com. “Entrepreneurs need all the time-saving, efficiency-driven tools we can get, especially for processes as challenging as determining your company’s pre-money valuation. I’m looking forward to sharing my experience.”
The PMVtool Beta Program is open to all entrepreneurs as well as angel investors. To register, go to http://www.pmvtool.com.
About the PMVtool
The PMV Tool is a sophisticated, cloud-based pre-money valuation system that combines the top valuation methodologies used by today’s investors with relevant industry comparison models and state-of-the-art proprietary technology. This combination delivers the most efficient, reasonable and defendable pre-money valuation data possible for entrepreneurs to bring to their investment discussions.
For the original version on PRWeb visit: http://www.prweb.com/releases/prweb2012/6/prweb9558267.htm