"You’re seeing rounds being led by firms that aren’t the top-tier Silicon Valley names but smaller, newer funds, including funds abroad that invest internationally. I think it just reflects the increasingly global nature of VC now that more capital is looking for yield, whether from sovereign wealth funds or pension funds or other outlets. But founders have no idea how to access those sources of capital. So we’ll have an application for investors to learn which companies are raising Series A rounds. We’re building software around that information to better match founders with the right investors."

- Aaron Harris

Seems pretty big to me - I wonder what form that software will take. If there really are a lot of untraditional investment funds seeking series A opportunities, could it take the form of maybe wealthfront or vanguard? Makes me wonder if series a, b, c investing could ever be massively dispersed like common stock investing is. Little benefit for the startup in that case I guess because they miss out on the guidance from their investors, unless it can in some way be combined?