Dealstack, a London-based fintech platform, is making waves in the private capital sector with its recent raise of $5.5M in seed funding. Founded by Joel Arnell and Seb Lapinski, industry veterans with backgrounds at top firms like Kirkland & Ellis and Oaktree Capital, Dealstack aims to modernize and streamline outdated private capital operations.
Addressing Industry Inefficiencies
Private capital operations have long been plagued by manual processes and archaic tools that hinder efficiency. Dealstack steps in to automate critical workflows such as valuation waterfalls, employee equity tracking, ownership management, structure charts, and contract handling. This automation not only saves time but also reduces errors and improves overall operational effectiveness.
The Promise of AI in Private Capital
While there is growing excitement around the potential of artificial intelligence (AI) in finance, the private capital sector has been slow to fully embrace this technology. Complex regulatory requirements and data security concerns have posed challenges for integrating AI into day-to-day operations effectively. Dealstack’s unique approach aims to overcome these hurdles by creating a data model tailored to each client’s specific needs.
Empowering Professionals with Automation
Seb Lapinski, COO of Dealstack, emphasizes the need for professionals in the industry to move away from tedious manual tasks towards more value-adding activities. He believes that highly skilled individuals should not be spending their time on mundane activities like copying data between spreadsheets when automated workflows can handle these tasks efficiently.
A Data-Driven Approach
Dealstack’s success lies in its structured data model that powers its AI capabilities. By mapping out legal, financial, and ownership relationships within private capital structures through its “private capital ontology,” the platform provides clarity and consistency crucial for navigating complex ownership frameworks while ensuring compliance with legal regulations.
Industry Recognition and Adoption
In just two years since its inception, Dealstack has gained traction among over 30 private capital firms managing a total of $2.6 trillion in assets under management (AUM). Its client base includes some of the largest global players in the industry, indicating widespread acceptance of its innovative approach to workflow automation.
Towards a Fully Automated Future
Looking ahead, Dealstack envisions an autonomous platform capable of handling end-to-end tasks without human intervention—a prospect that could revolutionize how private capital firms operate going forward. With a solid foundation built on cutting-edge technology and industry expertise, Dealstack is poised to lead the charge towards a more efficient and technologically advanced future for private capital operations.
By combining innovation with practical solutions tailored to industry needs, Dealstack is paving the way for a new era of streamlined and efficient private capital management practices.
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