The new end-to-end SaaS is for raising capital, accessing investors, engaging in question and answers, managing and tracking investor interest

Wholesale Investors, Australasia-based investment platform, announces the launch of its new SaaS capital raising admin platform CRIISP in the Southeast Asia region. CRIISP stands for Capital Raising Intelligent Investment Secondary Platform.

In preparation for CRIISP’s reveal in Southeast Asia, Wholesale Investors and e27 have signed an MoU in June 2019, committed to creating more opportunities for cross border investment and company expansion between Southeast Asia and Australia.

Available on both desktop and mobile, CRIISP will be able to facilitate capital raising, investors accessing, questions and answers engagement, investor interest tracking and management, as well as an investment deal room operations and transaction completion.

The launch of CRIISP, Wholesale Investors noted, is the result that comes after more than 18 months of working with investors and founders, to collaborate and create a software platform to remove friction from the capital raising process for investors, founders, and advisors.

CRIISP is going to utilise Wholesale Investor’s existing infrastructure with the option to access a network of 24,200+ high-net-worth investors and professional investment groups (Venture Capital, Private Equity, Funds, Family Offices, and international investors).

Also Read: e27 partners with Wholesale Investor to help startups raise funds

Managing Director and Co-Founder of Wholesale Investor and CRIISP, Steve Torso said:​ “We believe that if we can help Founders, Investors, and Industry participants save time, money, and improve efficiency, the ecosystem wins. More than that, we noticed that as the ecosystem had grown, it had become more and more fragmented, and this was the case for emerging companies going global. With this in mind, it has become substantially more difficult for Investors and companies alike.”

Torso further added that over the last 18 months, Wholesale Investors has increased its presence in Southeast Asia, which led to the launching of CRIISP in the region.

CRIISP digitises the process of getting in front of the investors, allowing companies to manage the relationships between its founder and potential prospective investor, with the founder in the position of control, even from across borders.

The key features of CRIISP include:

  • A simplified documentation structure and storage
  • Access to an HNW investor marketplace,l
  • The ability to promote deal rooms to interest investors
  • Investor activity tracking
  • Question and answer features and direct messaging
  • The ability to issue share certificates
  • Multi-party digital signature completion

“For our team, empowering the founder and removing success fees means we can play a role in growing the technologies of the future quicker, and to a greater scale. CRIISP kills the problem of founders paying the equivalent to a salary of a decent techie in success fees, stunting their scalability,” said Torso.

Photo by Taylor Simpson on Unsplash

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