Startup spotlight: Nth Round - helping to raise capital

By William Girling
Nth Round is a fintech startup with a mission to assist fellow startups and SMEs gain the funding they need to get their business off the ground...

Nth Round is a fintech startup with a mission to assist fellow startups and SMEs gain the funding they need to get their business off the ground.

With COVID-19-related disruptions putting a strain on even the largest companies, Nth Round’s services are perhaps more important now than ever before. For those in need of fast access to their liquidity, the company could be an invaluable lifeline to staying in the market.

Based in Philadelphia, Nth Round was founded in 2018 and has so far raised USD$4.3mn in seed funding. 

“We envision a time in the near future when founders, family members, investors, and key employees will be free to buy or sell their shares at any time, without worry, hassle, or prohibitive fees,” says the company on its website.

Powering up equity

Nth Round offers a comprehensive range of solutions that can be applied to a variety of business sizes. These include stakeholder management, employee incentives, unlocking liquidity and ownership transference.

In addition to these premium services, the company also offers free resources on its website intended to educate fledgeling enterprises on the best ways to expand and grow.

Evolving investment management

Last month, Nth Round partnered with Stockton Real Estate Advisors on a project to provide investors with 24/7 real-time access to their investment portfolio information. 

Chris McConnell, Founder of Nth Round, stated in an article with World Property Journal that the company was excited by the partnership opportunity and committed to creating a best-in-class portfolio tool.

“Our one-stop-shop platform will serve to assist the Stockton team in distributing in real-time, all relevant investment-related materials, while most importantly giving Stockton the opportunity to powerfully and uniquely showcase new prospective additions to the Stockton portfolio."

Sean Myers, Stockton's Head of Acquisitions and Development, added, “Powered by Nth Round, our private, proprietary program enables our investors to access financial reports, K-1's, tax information, and periodic operating updates about the properties in which they have invested.

“This is the start of an evolving investment management process that provides our investors with enhanced transparency, convenience and clarity.”

Share

Featured Articles

Sumsub: Identity Fraud up 73%; how can Fintechs React?

Identity Fraud Rates in Fintech Rose 73% Between 2021 and 2023. In This Deep-Dive With Sumsub, we Look at Ways Fintech can Overcome the Fraud Challenge

World Bank CEOs in Private WEF Fintech, Global Economy Talks

Global Banking CEOs, Including JPMorgan Chase’s Dimon, Meet Privately at WEF in Davos to Discuss Fintech Competition, Regulations and the Global Economy

Boston Consulting Group: How Banks can see Valuations Soar

Banks Could Increase Their Valuations by a Combined US$7tn in the Next Five Years Should Steps be Taken to Promote Growth, Says Boston Consulting Group

Worldline & Google: Enhancing Digital Payments Through Cloud

Digital Payments

How Significant is SEC’s Approval of Spot Bitcoin ETFs?

Crypto

Introducing the Global FinTech Awards in 2024

Financial Services (FinServ)