Portend

Our Founder & CEO, Julie Cunningham, explains the importance of post-investment due diligence in TechRound 🚀 “Start-up failures in the US have jumped 60 per cent over the past year, highlighting a critical lesson for both VCs and founders: the importance of post-investment due diligence.” “Today, real-time financial reporting technology can monitor investments and provide early warning systems to prevent small issues from becoming catastrophic failures. Founders and investors alike need to be encouraging each other to be better informed of their financial situation and vigilant in reporting to prevent business failure and they should be looking at new technologies to help them.“ Dana Leigh #vcfunding #realtimeduediligence #investors #riskmitigation #AI https://lnkd.in/eeXG9SPY

Delighted to see our Founder & CEO Julie Cunningham published in AngelNews talking about how investors can harness technology to manage portfolios... 🚀 "Would it surprise you that Angel investors and their investment advisors are not always meticulous in managing their investment portfolios. A staggering 51% of venture and private equity firms admitted they NEVER check bank statements or account data post-investment. It’s like buying a racehorse and never bothering to see if it’s won any races. Or if it’s even still alive… "

Our Founder, Julie Cunningham, explains how investors can harness technology to keep on top of their portfolios for AngelNews 💪 🚀   "The modern Angel is a creature of convenience and speed. They, much like the rest of society, have their phones practically glued to their hands and from personal experience in the industry, WhatsApp is basically home. So, when it comes to accessing information, it’s a no-brainer that to get in front of investors and investees alike, integrating fintech into WhatsApp is the way to go." 📱🤳 #investors #duediligence #riskmitigation #AI #realtimeduediligence #governance #fintech https://lnkd.in/eV4ZNsQM

The Future Fund scheme is facing uncertain futures weighed down by a series of poor investments.   The initiative, launched by the former prime minister during his time as chancellor, aimed to provide loans to over 1,000 early-stage companies to boost spending during the Covid-19 crisis. Yet the £1.14bn portfolio of investments is looking shaky; dozens of the funded startups are at risk of administration, 20 have already entered liquidation, and 258 have gone insolvent, costing taxpayers £226mn 📉   With the advanced financial due diligence tools available today, these risks could have been identified and mitigated much earlier 🚨Portend’s technology enables real-time monitoring and alerts on financial activities, reducing the likelihood of such financial losses.   Secure, Honest, Auditing and Monitoring (SHAM) - protecting founders and investors by identifying potential issues before they escalate. We offer proactive protection, keeping stakeholders secure with continuous, big four-quality audits, 24/7 🚀 #investment #startups #funding #duediligence Rafe Uddin Financial Times https://lnkd.in/eA-i4z8w

The SEC has charged BitClout’s founder with fraud, claiming that proceeds paid for a Beverley Hills mansion and over $7million on personal expenses - ironically the same amount raised in BitClout’s seed funding round…   The startup raised money from a16z, Sequoia, Chamath Palihapitiya’s Social Capital, Coinbase Ventures and Winklevoss Capital… using goodwill from his previous company, before defrauding investors for personal gain 🚨⚠️ Fraud at this scale should have been flagged instantly given the financial due diligence monitoring technology available today, potentially saving investors money if not pride.   Portend can identify, signal and prevent fraudulent activity in any portfolio business in real-time, from small start ups receiving seed funding to series C scale ups – why rely on trust when you can rely on data?   It’s only a matter of time before the  “who’s who” of the VC world realise that spotting fraudulent activity like this before it’s too late is a no brainer 🚀🚀   Margaux MacColl TechCrunch #fraud #vcfunding #realtimeduediligence #investors #protection https://lnkd.in/guMiK-Uk

It was great to feature in Fintech Magazine, discussing how big data, AI, and machine learning are revolutionising investment analysis, portfolio optimization, and risk management ⚠️ “Today by leveraging advanced data analysis and predictive analytics, we can utilise these technologies to deliver real-time insights, optimise investment portfolios and effectively manage risks. Fund managers now have access to real-time data and insights which not only allow them to make informed investments but more importantly to properly monitor investments directly with early-warning systems when things go wrong. In addition to this, automation simplifies processes, enabling proactive solutions and empowering investors and VCs with informed decision-making capabilities.” Click below to read the article in full 🚀🚀 Louis Thompsett FinTech Magazine #AI #vcfunding #riskmitigation https://lnkd.in/ecntjsuf

If the VC spending spree is homing in on “quality” over “quantity”, startups should be fighting to better report financial viability. Portend’s technology addresses this by offering AI-powered tools for simulated governance, financial auditing, communication sentiment analysis, and financial monitoring 📊 Portend’s platform provide startups with the insights they need to present strong, credible cases to investors. Our platform ensures real-time due diligence, giving VCs peace of mind and startups the critical alerts and assessments necessary to navigate the funding landscape successfully.   By equipping both startups and stakeholders with these resources, Portend bridges the gap between preparation and opportunity, supporting the growth and sustainability of promising ventures 🚀 Sifted 
Anne Sraders #duediligence #AI #startups #venture #vcfunding https://lnkd.in/eGgCny9N

Our Founder, Julie Cunningham, explains why successful fintech platforms prioritise proactive compliance measures and user education for The Fintech Times "They invest in advanced cybersecurity protocols to safeguard sensitive information and employ AI-driven algorithms for continuous monitoring and risk mitigation." https://lnkd.in/eYnAQY7i #fintech #duediligence #AI #cybersecurity #safeguard #riskmitigation

We're testing out some 🤖 📽 AI video creation tools this week at Portend with some interesting results. Most people are astounded 🤯 at how AI technologies can produce videos in several languages and captioned in just a few clicks and getting better everyday. This is similar to how we at Portend are improving our auditing 📈 and simulated governance services every day. The team are excited to be helping #venturecapital #angel and #familyoffice investors better protect their positions in startups through our technology and real time due diligence. Secure, Honest, Auditing and Monitoring - Protects founders and investors by alerting you before small errors become large problems. We help to keep the guard rails on and protect stakeholders proactively - by providing a big four style audit in real time, 24/7 without intruding on precious founder or investor time. Our service was once described as having the benefit of foresight in board meetings. What do you think of this AI created video? #aicontent #vc #duediligence #realtimeduediligence #governance #fakeittillyoumakeit #sham #protection #investors

WhatsApp-ening with My Investments? VCs Ask Portend for Financial Health Check Read more: https://lnkd.in/dx_RSv2Y #fintech #finance #FinancialIT #Investments #FinancialHealth