We’ve previously written about CapLinked, the LinkedIn-meets-SalesForce for private investing, which was founded by former PayPal marketing exec Eric Jackson and funded by a number of well known members of the PayPal mafia.
Entrepreneurs use CapLinked to raise capital and sell or buy assets, manage and contact investor prospects, centralize document flow on a secure platform and connect with new investors, advisors and companies. Investors can use CapLinked to manage deals, build public profiles and connect with promising startups.
The new “Suggestions” feature allows CapLinked users to send out invitations for deals, recommendations or other business opportunities through LinkedIn’s messaging system that are then delivered as LinkedIn notifications.
The “Suggestions” tool’s inherent value to users resides in its ability to intelligently identify the full scope of someone’s LinkedIn connections, and match you to your connections that may be able to help you, based on your profile on CapLinked. For now, the suggestions feature only works with direct connections on LinkedIn.
Jackson reports that the company has grown 350 percent this year and has approximately 10,000 users, representing 4,000 companies and 3,700 investors. The 320 deals currently on CapLinked represent nearly $1.5 billion of deal volume on the site.
Eventually CapLinked plans to add a Facebook suggestions tool as well, says Jackson.
CapLinked’s intuitive, cloud-based platform makes it easier to manage and close business transactions. CapLinked enables its customers to coordinate on asset sales, financings, mergers & acquisitions, and other types of complex deals with secure workspaces. Customers can manage and syndicate deals, conduct due diligence, handle investor reporting, and network with other users.