FinTech company Delio has secured a聽contract with UK 老九品茶 Angels Association (UKBAA) to encourage deal sharing and collaboration between individual聽investors and organisations across the 170-member network.
The collaboration has seen the creation of a platform聽infrastructure that connects members through a series of interlinked platforms.
The platform will allow users to share investment opportunities and cultivate collaboration between angel investors.
Delio has already built the first phase 鈥� DealShare 鈥� an overarching platform used to connect all UKBAA members to provide a base from which members can access Delio鈥檚 range of industry leading online tools.
UKBAA supports a large and dynamic community, with more than 170 organisations including 70 angel groups serving around 15,000 business angels.
Through DealShare members of the UKBAA will have a profile which can be searched for and shared anywhere within the network.
They will also have the opportunity to enhance their digital architecture through Delio鈥檚 technology which enables the distribution and management of deal flow between their own angel investors.
Jon Watts, head of delivery and infrastructure at Delio, said: 鈥淥ur solution for UKBAA is designed to increase connectivity between its members, improving accessibility to deals and co-investment opportunities which would otherwise have been missed.
鈥淭here鈥檚 a growing appetite amongst investors hunting for new, distinct opportunities for direct investment deals as well as hands-on projects.
鈥淏y opening channels between investors within the network and creating a platform for deals to be shared and seen means both investors and some of the UK鈥檚 most exciting early stage businesses benefit.鈥�
Roderick Beer, strategic relations director of UKBAA, added: 鈥淏uilding access to credible deal flow from trusted sources whilst developing co-investment relationships among our investor community increases everyone鈥檚 capacity to close investment rounds.
鈥淭his is a key goal for the UKBAA that we simply could not have achieved without the support of the Delio team.鈥�
UKBAA joins a diverse range of organisations including ING and Align17 in using Delio to build an own-branded digital solution to connect high net worth, ultra-high net wealth and family office capital with private investments.
The fast growing list of firms using Delio, including top tier banks, family offices and angel networks, are increasingly looking to leverage the Delio ecosystem and share and syndicate deal flow beyond their own networks.