Hatcher+, a leading, next-generation, data-driven venture firm, has launched VAAST, the world’s first and most advanced Venture As A Service Technology Platform (VAAST™).
Unlike previous generations of stand-alone deal management platforms, VAAST™ has been designed from the ground up to enable quantitative analytics and big data to play a role alongside traditional, more subjective decision-making for the first time.
Through the platform, founders have easier access to capital, can share data between ecosystem partners and standardize the quantitative analysis of venture investments using advanced, AI-based predictive analytics (AI/ML). They can also manage investor communications and store and share data profiles, cap tables, pitch decks, investor documents, and KPI updates with multiple investors and stakeholders at the same time.
Through its inclusion of AI/ML, deal scouting capability and predictive scoring – technologies VAAST™ helps VCs identify potential startup opportunities based on an investor- defined mandate. Using the Deal Scout feature, users can scout startups using Natural Language Processing and use the Hatcher+ Opportunity Score to determine which startups best fit.
John Sharp, Founding Partner of Hatcher+, said, “Through our first traditional investment vehicle, Hatcher H1, we were reminded constantly of the qualitative and subjective nature of investing and how venture capital has lagged behind other asset classes in terms of technology adoption.”
“Since then, our mission is to de-risk, democratize and revolutionize the VC industry with new levels of intelligent automation, data sharing and analysis with Hatcher+ and VAAST™“.
To date, partnerships with leading accelerators and data vendors worldwide have enabled Hatcher+ to build a database of 600,000 transactions spanning 20 years to support its machine learning capabilities and expects to expand its portfolio and add up to 30,000 additional profiles annually by the end of 2021.