DealCloud – Ben Harrison (DealCloud), (S3. Sponsored Insight)
Dec 20, 2023
auto_awesome
Ben Harrison, Founder and Co-President of DealCloud, discusses how DealCloud's vertical software supports alternative investment professionals. Topics include deal sourcing, relationship and pipeline management, workflow efficiencies, organizing CRM, features of Deal Cloud solutions, transitioning from investor to entrepreneur in the deal business, and the growth and democratization of the private equity industry.
Middle market businesses drive the economy and private equity industry, accounting for 200,000 businesses, employing 50 million people, and representing two-thirds of total US private equity deal value.
DealCloud's vertical-specific CRM and deal management system addresses the complex needs of deal makers by investing in AI technology to provide data insights, generate relevant content, and automate time-consuming tasks.
Deep dives
The Importance of Middle Market Businesses
Middle market businesses, which generate revenue between $25 million and $1 billion, are the real drivers of the economy and the private equity industry. They account for 200,000 businesses in the US, employ 50 million people, and represent two-thirds of total US private equity deal value.
The Need for Vertical Software Solutions
Traditional horizontal CRM systems and generic technology solutions often do not effectively support the complex needs of deal makers in the private equity and investment banking industry. DealCloud recognized this gap and developed a vertical-specific CRM and deal management system tailor-made for the investor and advisor community.
The Integration of AI in DealCloud
DealCloud is investing heavily in AI technology to improve the efficiency and effectiveness of their platform. AI is being applied to help users identify potential deals and build relationships by providing recommendations based on data analysis. The goal is to not only provide data insights but also generate relevant content and automate time-consuming tasks, allowing users to focus on value creation and relationship building.
This Sponsored Insight features Ben Harrison, Founder and Co-President of DealCloud, our sponsor for Season 3 of Private Equity Deals.
Ben discusses how DealCloud’s vertical software supports alternative investment professionals through deal sourcing, relationship and pipeline management, and workflow efficiencies.
We are incredibly grateful of DealCloud for sponsoring Private Equity Deals, and we are eager to highlight their value to the alternative investment community.