Hosted solution delivers transparency via consistent and collaborative status reports
Kirkland, WA – March 2, 2009 – Informia Inc., provider of collaborative status reporting solutions for small to medium sized business, announces today the launch of their flagship product, InvestorUpdate. Led by project portfolio management veteran and ex-CEO of Pacific Edge, the product is designed to help investors and their funded companies achieve maximum transparency, accountability and productivity through consistent communications.
"In today's economy, funding is harder to come by and it is more crucial that funded companies have a way to communicate progress to their investors," says Informia CEO, Lisa Hjorten. "An ongoing dialogue can minimize surprises and instill investor confidence. At the same time, it needs to be easy and simple enough that it doesn't distract companies from running a successful business. That's the vision behind InvestorUpdate."
InvestorUpdate is created for private investor-backed companies including angel-backed startups, venture-backed companies, real estate investment groups, limited partnerships or limited liability companies. Via a secured login, companies can submit regular status reports while reminders and approval functionalities keep the report timely and structured. Report fields can be easily customized based on business function and all approved status reports gets rolled up into a simple, digestible report for investors. Prices range from $900 to $8000 a year depending on seats required. Consulting services are available to assist in setting up the system, reviewing updates, coordinating the editorial process, creating standard update templates, user training, and more.
"Our business depends on our investor support, but often, status reporting is put on the back burner and overlooked," say Jay Fiske, Founder of MaestroSoft, an InvestorUpdate user. "We've been searching for a status reporting solution that is easy to use and affordable and that will help us deliver on the due diligence to the people who have entrusted us with their money. InvestorUpdate helps us achieve this goal."
To learn more about InvestorUpdate by Informia, visit www.informia.com today.
About Informia
At Informia, we believe that consistent and effective communications is key to fostering relationships and confidence between companies and their investors. We have created a collaborative status reporting solution that enables intuitive, streamlined investor communications and designed with transparency, collaboration, timeliness and ease of use in mind. To learn more about InvestorUpdate, our solution for investor status reporting, please visit www.informia.com.