Their problems
" With the extension of Supernova Invest's activities to new Deeptech themes and new geographical areas, we found ourselves faced with a huge volume of dealflow. We estimate that we have around 10,000 startups in Europe that are relevant to us and that we could finance," explains Etienne MOREAU, Deeptech Partner at Supernova Invest.
Supernova Invest was looking for a tool that would enable them to enrich their dealflow with alternative data, in order to monitor the start-ups on their radar in real time. To automate this monitoring, they decided to acquire the Invyo solution. This all-in-one solution handles database construction, raw data contextualization and signal detection, maintenance and team support, while offering an interactive and intuitive customer interface.
In 4 minutes, Étienne explains how he succeeded in
to enrich his dealflow thanks to the Invyo solution
The reliability of the data collected!
To enrich the dealflow, it was necessary to obtain a large amount of quality data.
"With Invyo, we aggregated nearly 55 data points from some twenty different sources on each of our target companies. This enabled us to target 500 priority companies from these 10,000, and automatically track their evolution over time. "says Étienne MOREAU.
Our solution has enabled them to obtain greater precision on which startups the Supernova fund should target first. Thanks to the solution's flexibility in retrieving quality data from a variety of sources (LinkedIn, Dealroom, Gartner, Google Patent, etc.), the investment teams gained in productivity.
"In the ecosystem, data-driven approaches have become absolutely indispensable. It's now an unavoidable conversation with our own investors, the LPs, those who subscribe to our funds. From now on, they expect us to have tools that enable us to have this new outbound sourcing strategy thanks to data-driven approaches", explains Étienne MOREAU.
Quality support from Invyo teams
Within the framework of the collaboration between Supernova Invest and Invyo, 3 points were fundamental to the success of the project:
- technological expertise: Supernova Invest wanted to eliminate the challenges associated with building the database and guarantee the reliability of the tool. With Invyo, all IT aspects operate without interruption, providing essential peace of mind for Supernova Invest.
- a customizable solution: most of the tools on the market don't offer as many possibilities for adapting to specific needs. Supernova Invest and Invyo were able to co-construct a solution perfectly adapted to their business needs.
- understanding of the challenges faced by VCs: as Invyo is a specialist in data for VCs, our teams have extensive expertise in the challenges and needs of VCs. "All these elements combined to create an active, fast and fluid collaboration!" confirms Étienne MOREAU.
The results
55
data points were aggregated for each company.
1000+
companies identified as relevant
before they start raising capital.
Do you have a similar problem?
Schedule a meeting with Alexandre, Founder & CEO at Invyo.
