Product Reviews

Foundersuite Review 2024: Pros, Cons, And More

Foundersuite Review 2024: Pros, Cons, And More

Foundersuite is a comprehensive cloud-based solution that helps investment bankers, incubators, entrepreneurs, startups, and growth companies manage their entire fundraising life-cycle in one place. Since its inception, users have used the CRM platform to raise over $250 Million, a statement of its market validation.

In this Foundersuite review, we will dive deeper into its key features, benefits and drawbacks, and the overall value the CRM software offers its users.

Foundersuite Core Features

Portfolio portal

This feature is primarily for investors who want instant portfolio visibility on the status and progress of their funding on all their companies. Investors can also use this functionality to run reports for their internal or external recipients. You can also restrict database access to private or public to ensure data security.

Investor database

You can use Foundersuite to connect with over 21,000 venture capital firms and 100,000 angel investors, fund-of-funds bosses, private equity firms, and more. It’s a quick and efficient way to build a list of potential investors for your next pitch.

Investor updates

Use investor updates to craft attractive newsletters in less than 15 minutes to help current or prospective investors stay up-to-date with your company news. You can also track views and duration, which signal strong interest. 

Startup docs

This vital update gives users a collection of over 80 startup documents, including pitch decks, financial models, term sheets, and more. These documents will assist you in understanding the key terms, financial information, and legal knowledge required to raise funds.

Pros

  • The software has a simple yet robust interface, which gives you the confidence to excel in fundraising campaigns.
  • It has all the features necessary to manage a fundraising cycle
  • Foundersuite has excellent user support to fix any customer issues
  • The basic version is free to try until you are ready to upgrade to more advanced features

Cons

The platform seems to have cases of incomplete data when you search for investors.

Another area for improvement is that, depending on the data requested, the platform can take a while to load.

Foundersuite Pricing Plans

Foundersuite has three flexible pricing options designed for users of any size—the monthly subscriptions run month to month, beginning on the day you upgrade. The yearly subscriptions run year-to-year from the day you subscribe and carry a 10% discount. 

Basic (Free)

  • It gives you access to 25 investors
  • Limitless amount of investor updates
  • Handles an unlimited number of users

Silver ($529/yr. billed annually)

Everything in the basic plan plus:

  • Limitless pitch deck hosting
  • A vast database of over 200,000 VCs, Family Offices, Angels, LPs, and PEs
  • Bulk personalization of emails
  • Customer support
  • Users can also track the latest investor updates and more

Gold ($745/yr. billed annually)

Included all the features in the other plans plus:

  • Unlimited number of boards in CRM
  • Customer support
  • You can export data
  • Founder market deals and more

Note: All plans auto-renew except when you cancel, which you can do anytime. 

Conclusion

Foundersuite is a fantastic tool that has helped thousands of startup founders and investors raise capital and streamline their investor relationships. Its wide array of features and functionality guarantee success in fundraising efforts.

Subscribe to our newsletter to get expert insights
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Read more about Product Reviews

Would you like to share your expertise with our audience?
Write for us
Write for us