Eqvista in 2019: Looking back at the past year
A year changes a lot in everyone’s life. In reality, it is not the year, but the changes that make us grow. Similarly, as the year ends there has been a lot of developments made in Eqvista over the year which leads to the overall growth of the company. Eqvista is a modern equity management software. With the help of this kind of software, it is easy for a company to manage, track, and make decisions about their company’s equity.
Eqvista’s team is experienced in industrial knowledge with the help of which they make decisions and are also able to make one of the most user-friendly Cap Table management platforms in the market. We at Eqvista assist seed-stage (an early stage of the business) to pre-IPO companies to manage equity electronically and to capture all shareholder’s activities. Our approach and aim is to simplify the present complicated infrastructure and simplify it for companies.
Customer feedback is an essential aspect of running a business that often gets overlooked. It is easy to stray away from aligning your product offering with what your customers truly want. The best option to counter this is by obtaining quality and honest customer feedback, and we are incredibly thankful for our legitimate customers who continuously support us and mention the changes that we must make for the betterment of the services we provide.
The suggestions of our customers help in managing and issue shares more effectively. These are the suggestions that assist us in the overall development of the business and improve our products. Therefore, the feedback of our customers really matters to us.
Achievements & Growth in 2019
Eqvista believes that the technology it has will ease the current system for share management, cap tables, and company filings to a great degree. Our platform will affect the way every part of the company filing works. To understand our achievements and growth better, we have broken down the achievements and milestones and shared them below.
Product Updates
Below are some of the achievements made by Eqvista in 2019:
1. Introduced an advanced cap table interface with responsive design
2019 has been a year of accomplishments for Eqvista. Eqvista introduced an advanced cap table earlier this year with a highly responsive design. The cap table records critical information such as the share plans, legal operations, and legal documents in a company. And when the company grows, the cap table grows as well in the application (due to the responsiveness in the design). The application is UX & UI oriented so you can issue and manage shares on our platform without the extended knowledge of equity practice.
2. Introduced advanced financial modeling tools – Waterfall Analysis and Round Modeling
In mid-2019, Eqvista introduced an advanced finance modeling tool in its application. The advanced finance modeling tool includes waterfall analysis and round modeling. Waterfall analysis helps the founder and investors understand their payout of the total value of the company upon exit.
Waterfall Analysis Interface – Eqvista
Round Modeling Interface – Eqvista
To help you understand better, the waterfall analysis helps in:
- Cap Table comparison of payout values
- Waterfall chart for preference rounds
- Advanced calculations for preference rounds
- Instant reactivity for efficient analysis
- Multiple inputs for exit date, exit value, and possible transaction fees.
- Preference liquidation breakdown of preferred investors
On the other hand, round modeling is a feature that helps organizations make significant decisions for new investments. It also helps the shareholders see how much their share ownership is diluted with the new ventures into the company. Features of round modeling are :
- Pie chart & key figures for new investment.
- Basic and advanced versions of new investment.
- Pre-money & post-money convertible basis.
- Multiple inputs for pre-money & post-money valuation, date of investment, and investment amount.
- Instant reactivity for input data.
These financial tools while keeping in mind a user-friendly interface, offer various functionalities. Both the waterfall analysis and round modeling are embedded in Eqvista, allowing users to make smarter decisions for their companies.
3. Introduced Secondary Transactions
Eqvista had also introduced the secondary transaction during the mid of 2019. To explain better, secondary transactions are those that take place after a primary issuance, which includes debt repayments, equity conversions, repurchases, transfers, sales, cancellations, and exercise. Secondary transactions come in many forms, including:
- Sale of stock by employees or early investors to a third party.
- Company tender offers.
- Liquidation of founders as part of a financing round.
Secondary Transaction Interface – Eqvista
4. Introduced new support section, product guide videos, FAQ’s
Eqvista has also introduced a new support section, product video guide, and FAQ for helping the customer have a better understanding. A user having that has no doubt regarding the cap table, how to issue shares, and other features and can easily get an answer through the FAQs or the product video guide. We have published many support articles and guided videos in order to help our customers. In fact, we also have a blog section as well, which contains information on various topics.
Customer Success
Customer success is one of the critical components for the success of any business. It is the business’ methodology of ensuring customers achieve their desired outcomes while using your product or service. Eqvista focuses on constant improvements based on feedback or suggestions given by our clients. Additionally, enhancing the UX design and adding many features to make new changes are usually based on the input of our clients.
Eqvista has doubled the lead volume as before. We published 46 support articles and 16 product guide videos. We resolved many email inquiries in order to build a sharp customer resolution. Eqvista has created a successful partnership with several valuation companies that would help our clients in having their companies valued professionally and easily. Additionally, Eqvista has also started partnerships with many different organizations that educate entrepreneurs, out of which one is StartupWeekend, a community organization that strives to educate new entrepreneurs.
Marketing is critical because it allows businesses to maintain long-lasting and ever-present relationships with their audience. It is the study and management of exchange relationships. Eqvista marketing strategies increased the leads twice in 2019 when compared to 2018. The user visits also grew by 172% in Q4 when compared to Q3 in 2019. We also Increased our user base from the primary markets US (+397%), UK (+276%), Canada (+314%), Australia (+183%), Hong Kong (+135%), Germany (+223%), Singapore (+352%) in the last 6 months.
Press Releases
Eqvista has become a hotbed of investments for investors. Good work can never go unnoticed from the eyes of the media. Various media platforms have commended Eqvista. Just so you know, Eqvista has been listed as one of the best cap table management software in the market in 2019 in Hackernoon.
The backbone of Eqvista Tomas Milar (CEO) also shares his views and tips for securing funding for start-ups on Bitcoin Insiders. With all this, it is understood that Eqvista is making a huge impact in the market.
A glimpse into the future
Eqvista has a lot to offer in 2020. The projects also include the deploy of a payment gateway, financial modeling, debt, dilution, cap table versioning, and many more.
Take advantage of the Eqvista platform to issue shares, stay connected with your shareholders, and avail various exciting future deals. Check out the application here to try it out now!