JPMorgan Chase & Co is launching a platform that aims to connect startup founders with venture capital investors to simplify the fundraising process, the bank told Reuters.
A view of the exterior of the JP Morgan Chase & Co. corporate headquarters in New York City May 20, 2015. REUTERS/Mike Segar/File Photois launching a platform that aims to connect startup founders with venture capital investors to simplify the fundraising process, the bank told Reuters.
The new team is run by Michael Elanjian, head of Digital Investment Banking and Digital Private Markets at JPMorgan, and has expanded from three to 125 people over the past two years.On Capital Connect, startup founders can ask for introductions to investors, build virtual data rooms and potentially trade their company shares on a secondary market. They can use the website to fundraise as early in the process as the Series A round.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Bank of America and JPMorgan Say US Economy Is Doing Well, Consumers Are in Good Shape Despite Inflation – Economics Bitcoin NewsBank of America CEO Brian Moynihan and JPMorgan & Chase CEO Jamie Dimon both agree that the U.S. economy is doing well and consumers are in good shape. inflation recession
Read more »
One of Wall Street’s most vocal bulls is scaling back his bullish calls on stocks and trimming risk in his bank’s model portfolio. Here’s why.JPMorgan Chase & Co.’s chief markets strategist Marko Kolanovic is trimming risk in the bank’s model portfolio this month in the wake of questionable central...
Read more »
Akron police arrest 2 teens for armed carjacking, chaseTwo Akron police cruisers were also damaged by the spike strips.
Read more »
'Dub Nation' packs Chase for Warriors' ring ceremony and home openerFans arrived early at Thrive City on Tuesday to celebrate their Golden State Warriors ahead of the home opener and the team's NBA Championship ring ceremony.
Read more »
Family of innocent driver killed during Oakland police chase left in disbelief after tragic death'I felt like my world fell down,' said Arely Guarneros, Agustin's niece. The family is still questioning why the police pursuit ended with the 44-year-old's death, when he was only driving to work that morning.
Read more »