ARTICLE SUMMARY:
Employing advanced technology to match entrepreneurs with groups of investors and speed up the financing process, DealLabs has a new financing model that may be well-suited for start-ups looking for early-stage funding.
When crowdfunding first burst onto the scene, the process did not seem well-suited to raising funding for medical device start-ups. Typical crowdfunding rounds were smaller than what most medtech companies needed to raise and the prospect of bringing together a large number of individual investors to comprise such a funding round seemed unmanageable