Touch Ahead Software LLC: Company Profile

Background

Touch Ahead Software LLC is a Boston-based software development firm specializing in innovative SaaS solutions. Founded in 2008, the company focuses on delivering cutting-edge, web-based Customer Relationship Management (CRM) systems tailored for the alternative asset industry, including private equity and venture capital firms. Their flagship product, EquityTouch, is designed to streamline deal sourcing and collaboration processes, enabling organizations to manage new business opportunities efficiently.

Key Strategic Focus

Touch Ahead Software's strategic objective is to provide a CRM solution that offers superior performance, relevant features, and a customizable interface with unparalleled ease and speed. EquityTouch is engineered to assist investment professionals in managing complex business relationships by organizing all transactions and communications—referred to as "Touches"—such as emails, events, phone calls, and meetings. These Touches are systematically categorized by company, contact, and type, facilitating easy reference and efficient deal cycle management.

Financials and Funding

As of the latest available data, Touch Ahead Software LLC has an estimated annual revenue of approximately $290,000, with a revenue per employee of $72,500. The company operates with a lean team of around four employees. Specific details regarding funding history, recent funding rounds, or notable investors are not publicly disclosed.

Product Development

EquityTouch has undergone several updates to enhance its functionality and user experience. Notable releases include:

EquityTouch 2.1 (May 2010): Introduced keyboard navigation in search results, color coding based on company type, and advanced relevance sorting to improve data management efficiency.

EquityTouch 2.3 (September 2010): Added features such as Touch Delete for administrators, enhanced tracking of Touch creation and modification details, streamlined record merging, and an improved support page with links to a newly launched support portal.

Tradeshow Tool (February 2010): Enabled users to import contact data from tradeshows directly into EquityTouch, automating data entry and reducing duplication.

Technological Platform and Innovation

EquityTouch is a web-based CRM solution that sets a new standard in web applications by delivering optimal performance, relevant features, and a fully customizable interface. Its proprietary technologies include advanced searching capabilities, drag-and-drop customization, and integration with Microsoft Outlook. The platform's design emphasizes user-friendliness and efficiency, allowing investment professionals to manage personal contacts and leverage them throughout the deal cycle effectively.

Leadership Team

Nancy Keddy: CEO and Co-Founder. Nancy has been instrumental in guiding the company's strategic direction and product development since its inception.

Tim Lasonde: Co-Founder. Tim has played a pivotal role in the company's establishment and growth.

Keith Mitchell: Architect and Senior Developer. Keith contributes to the technical architecture and development of EquityTouch.

Soumya Chorappan: Senior Software Engineer. Soumya focuses on enhancing the software's functionality and user experience.

Competitor Profile

Market Insights and Dynamics

The CRM market for the alternative asset industry is characterized by a demand for specialized solutions that cater to the unique needs of private equity and venture capital firms. Key factors influencing this market include the need for efficient deal sourcing, relationship management, and integration with existing tools like Microsoft Outlook.

Competitor Analysis

Touch Ahead Software LLC faces competition from several companies offering CRM solutions tailored for the alternative asset industry. Notable competitors include:

WorkWise: Offers OnContact CRM, focusing on manufacturing and customer service industries.

Esperdyne Technologies: Provides CRM solutions with an emphasis on customization and integration capabilities.

Accent Gold Solutions: Specializes in CRM consulting and implementation services, offering solutions like ACT! and GoldMine.

OpenBOX Technologies: Delivers CRM and ERP solutions with a focus on scalability and flexibility.

Compiere: Offers open-source ERP and CRM software, catering to various industries with customizable solutions.

Strategic Collaborations and Partnerships

Specific details regarding strategic collaborations or partnerships involving Touch Ahead Software LLC are not publicly disclosed.

Operational Insights

Touch Ahead Software LLC differentiates itself through its focus on the alternative asset industry, offering a CRM solution that emphasizes ease of use, customization, and integration with existing tools. The company's lean operational model allows for agility in product development and responsiveness to client needs.

Strategic Opportunities and Future Directions

Opportunities for Touch Ahead Software LLC include expanding its client base within the alternative asset industry, enhancing product features based on user feedback, and exploring integrations with emerging technologies to maintain a competitive edge.