CIM: Break down the process a little bit - how does a deal happen on DealMaker? How different is it than a traditional raise?
Dealmaker: Investors are invited to a proprietary DealMaker portal. They answer simple questions electronically. DealMaker generates fully populated transaction documents for them - so that they can sign and fund! The issuer sees progress in real time and follow up with any investor who is not fully complete.
CIM: Where can you raise capital from? Just Canada? The US?
Dealmaker: DealMaker powers your closing. Wherever you are raising capital, we can assist!
CIM: What are you most proud of so far? What have customers and companies said about the platform?
Dealmaker: DealMaker is the go-to solution for entrepreneurs focusing on speed, efficiency and a broad reach driven by digital marketing. That’s where DealMaker makes new realities possible. For example, using DealMaker, Stately Cannabis Brands Ltd. was able to reach and close retail investors based around the world. In just a matter of weeks, the company brought in approximately $9.6 million from over five hundred investors, all while based in their hometown of Kelowna, British Columbia. Investors from 73 cities distributed over 4 continents subscribed to Stately through DealMaker. 154 investors completed their subscriptions within the first 24 hours of receiving their e-mail invitations. Speed and numbers that are not possible to achieve without using technology.
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