Blog15 Best Startup Fundraising Tools in 2025

15 Best Startup Fundraising Tools in 2025

Raising capital is one of the most critical challenges for startups. The right fundraising tools can make the difference between closing a funding round and missing out on crucial investment opportunities. Whether you're seeking angel investors, venture capital, or crowdfunding, leveraging specialized software can streamline your investor outreach, manage relationships, and provide valuable insights into your fundraising process.

In this comprehensive guide, we'll explore the 15 best startup fundraising tools available in 2025, helping you choose the right platform to accelerate your fundraising journey and secure the capital you need to grow.

Quick recap of startup fundraising tools

  1. Papermark: Open-source document sharing platform with pitch deck analytics, investor tracking, and secure data room creation
  2. AngelList: Platform connecting startups with angel investors and managing equity fundraising
  3. Crunchbase: Comprehensive investor database with detailed profiles and funding insights
  4. Foundersuite: Cloud-based fundraising CRM with investor pipeline management
  5. DocSend: Document sharing platform with detailed analytics on investor engagement
  6. OpenVC: Free platform connecting founders with 5,000+ verified investors worldwide
  7. Signal by NFX: AI-powered investor matching tool for targeted fundraising
  8. HubSpot for Startups: Complete CRM with fundraising templates and investor outreach tools
  9. Qubit Capital: Machine learning platform for investor-startup alignment
  10. Evalyze.ai: AI pitch deck analyzer with investor readiness scoring
  11. EasyVC: AI-driven investor matching with LinkedIn automation
  12. Wefunder: Equity crowdfunding platform for raising from unaccredited investors
  13. Carta: Cap table management and equity planning for fundraising rounds
  14. PitchBook: Comprehensive market intelligence and investor research platform
  15. Affinity: Relationship intelligence CRM designed for dealmakers and fundraisers

Build your data room in minutes

No credit card required

Page by page analytics
Unlimited documents & folders
Custom domain & branding
Dynamic watermarks
Granular permissions
NDA & agreements
Activity notifications
SOC 2 compliant

Comparison Table: Startup Fundraising Tools

FeaturePapermarkDocSendAngelListFoundersuite
Pitch Deck Analytics✔ Page-by-page tracking✔ Basic analytics
Investor Database✔ 50,000+ investors✔ Extensive network✔ Curated lists
Data Room✔ Built-in secure data room✔ Document sharingLimited
Open Source✔ Fully open source
AI Matching✔ Smart recommendations✔ Basic matching
White Labeling✔ Full customizationLimited
NDA & Email Verification✔ Built-in protectionBasic
Free Plan✔ Generous free tier✘ Trial only✔ Limited features✘ Trial only
CRM Integration✔ API available✔ Built-in CRM
Watermarking✔ Dynamic watermarks

Types of startup fundraising tools and use cases

  1. Document Sharing and Analytics Platforms: Tools like Papermark and DocSend specialize in secure pitch deck sharing with detailed analytics, showing which slides investors spend time on and when they share your deck with others. These platforms help founders understand investor interest and optimize follow-ups.

  2. Investor Database and Matching Platforms: Platforms such as Crunchbase, OpenVC, and Signal by NFX provide access to extensive investor databases with AI-powered matching capabilities, helping startups identify and connect with the right investors based on industry, stage, and geography.

  3. Fundraising CRM Systems: Tools like Foundersuite, HubSpot for Startups, and Affinity offer customer relationship management specifically designed for fundraising, helping founders track investor conversations, manage pipelines, and automate outreach.

  4. Crowdfunding Platforms: Wefunder and similar platforms enable startups to raise capital from a large number of smaller investors, including unaccredited investors, democratizing access to startup investing.

  5. Equity Management Tools: Carta provides cap table management, helping startups plan equity distribution, model funding rounds, and manage stakeholder communications throughout the fundraising process.

  6. Market Intelligence Platforms: PitchBook offers comprehensive market data, helping startups benchmark valuations, research investors, and understand market trends to strengthen their fundraising strategy.

Papermark

Website: papermark.com

papermark.com website

Papermark is an open-source document sharing platform specifically designed for startup fundraising. It combines secure pitch deck sharing, page-by-page analytics, investor tracking, and data room creation in one comprehensive solution. Founders can see exactly which slides investors view, how long they spend on each page, and when they share the deck with others.

Founded with a focus on transparency and security, Papermark has become a popular choice for startups seeking to protect their sensitive information while gaining valuable insights into investor behavior. The platform is fully open-source and can be self-hosted for complete control.

Papermark Features

Papermark Limitations

  • Newer platform with smaller community compared to established players
  • Advanced features require paid plans
  • Self-hosting requires technical expertise

Papermark Pricing

  • Free plan: Unlimited documents with basic analytics
  • Pro plan: $39/month for advanced analytics and branding
  • Data Room plan: $79/month for secure fundraising data rooms
  • Enterprise: Custom pricing with self-hosting options

Papermark Ratings and Reviews

  • G2: 4.8/5 (45+ reviews)
  • Product Hunt: 4.9/5 (320+ reviews)

Papermark on GitHub

⭐️ 6,000+ stars 🧑‍💻 60+ contributors 🔗 800+ forks

To GitHub: https://github.com/mfts/papermark

Real-World Example: Startup Fundraising Success

See how Yuno uses fundraising tools to manage their investor outreach and track pitch deck engagement:

AngelList

Website: angellist.com

AngelList platform

AngelList is one of the most established platforms connecting startups with angel investors and venture capitalists. The platform has facilitated billions in startup investments and offers tools for both fundraising and hiring. Startups can create comprehensive profiles, connect with investors, and manage their fundraising rounds all in one place.

Founded in 2010, AngelList has become a cornerstone of the startup ecosystem, particularly for early-stage companies seeking seed and Series A funding.

AngelList Features

  • Extensive investor network with verified accredited investors
  • Syndicates for pooling investor capital
  • Rolling funds for continuous fundraising
  • Equity management and cap table tools
  • Talent marketplace for hiring
  • Portfolio management for investors
  • Deal flow management
  • Startup profile creation and discovery

AngelList Limitations

  • Limited to accredited investors in many jurisdictions
  • Platform fees can be significant
  • Competitive environment with many startups
  • Less control over investor communication

AngelList Pricing

  • Free for basic startup profiles
  • Carry fees: 5-20% on successful investments
  • Rolling fund fees: Management and carry fees apply
  • Custom pricing for enterprise solutions

AngelList Ratings and Reviews

  • G2: 4.4/5 (215+ reviews)
  • Capterra: 4.5/5 (89+ reviews)

Crunchbase

Website: crunchbase.com

Crunchbase interface

Crunchbase is the leading platform for discovering innovative companies and the investors backing them. With detailed profiles on millions of companies and investors, Crunchbase provides comprehensive market intelligence for fundraising research. Startups can identify potential investors based on industry focus, funding stage, geographic location, and investment history.

The platform aggregates data from thousands of sources to provide the most complete picture of the startup and investor landscape.

Crunchbase Features

  • 50,000+ investor profiles with detailed information
  • Advanced search filters for investor targeting
  • Funding round tracking and announcements
  • Company similarity and recommendation engine
  • Browser extension for quick research
  • API access for data integration
  • News and trend monitoring
  • Export capabilities for outreach lists

Crunchbase Limitations

  • Expensive for early-stage startups
  • Data accuracy can vary
  • Requires manual verification of information
  • Limited contact information for investors

Crunchbase Pricing

  • Free: Basic company profiles
  • Pro: $49/month for investor research
  • Enterprise: Custom pricing with API access
  • Annual plans available with discount

Crunchbase Ratings and Reviews

  • G2: 4.4/5 (567+ reviews)
  • Capterra: 4.2/5 (123+ reviews)

Foundersuite

Website: foundersuite.com

Foundersuite is a cloud-based investor CRM specifically designed for startup fundraising. The platform helps founders manage their entire fundraising process, from identifying potential investors to tracking conversations and closing deals. With built-in templates, tracking tools, and analytics, Foundersuite streamlines the often chaotic fundraising journey.

The platform is trusted by thousands of startups and has helped founders raise billions in venture capital.

Foundersuite Features

  • Investor CRM with pipeline management
  • 50,000+ verified investor database
  • Email tracking and engagement analytics
  • Fundraising dashboard and reporting
  • Document storage and sharing
  • Meeting scheduling integration
  • Investor update templates
  • Fundraising playbooks and resources

Foundersuite Limitations

  • Steep learning curve for new users
  • No free plan available
  • Limited integration with external tools
  • Requires consistent data entry for effectiveness

Foundersuite Pricing

  • Standard: $199/month for core features
  • Professional: $399/month with advanced analytics
  • Annual plans: 20% discount
  • Free 30-day trial available

Foundersuite Ratings and Reviews

  • G2: 4.6/5 (78+ reviews)
  • Capterra: 4.7/5 (34+ reviews)

DocSend

Website: docsend.com

DocSend platform

DocSend (now owned by Dropbox) is a secure document-sharing platform that provides detailed analytics on how investors interact with your pitch deck and other fundraising materials. The platform shows page-by-page engagement, time spent, and forward tracking, giving founders valuable insights for follow-up conversations.

DocSend has been used by thousands of startups to share pitch decks and close funding rounds more effectively.

DocSend Features

  • Document analytics and tracking
  • Page-by-page engagement metrics
  • Email verification for viewers
  • NDA and password protection
  • Custom branding and domains
  • Team collaboration tools
  • Virtual data room for due diligence
  • Integration with Dropbox and Box

DocSend Limitations

  • Expensive compared to alternatives
  • No free plan (14-day trial only)
  • Limited investor database features
  • No open-source option

DocSend Pricing

  • Personal: $15/month for basic features
  • Standard: $65/month for teams
  • Advanced: $250/month for data rooms
  • Enterprise: Custom pricing

DocSend Ratings and Reviews

  • G2: 4.5/5 (890+ reviews)
  • Capterra: 4.6/5 (234+ reviews)

OpenVC

Website: openvc.app

OpenVC is a free, open platform that helps founders connect with over 5,000 verified investors worldwide without needing warm introductions. The platform democratizes access to venture capital by providing direct contact information and submission forms for investors actively seeking deal flow.

Created by founders for founders, OpenVC removes traditional barriers to investor access and makes fundraising more transparent.

OpenVC Features

  • 5,000+ verified investor profiles
  • Direct submission to investor inboxes
  • No warm introduction required
  • Industry and stage filtering
  • Geographic search capabilities
  • Regular database updates
  • Free access for all founders
  • Mobile-friendly interface

OpenVC Limitations

  • No analytics or tracking features
  • Limited to cold outreach
  • No CRM functionality
  • Basic search capabilities
  • Response rates can be low

OpenVC Pricing

  • Completely free for founders
  • No hidden fees or subscriptions
  • Open access to all features

Signal by NFX

Website: signal.nfx.com

Signal by NFX is an AI-powered platform that matches startups with investors based on detailed profiles and investment patterns. The tool analyzes thousands of data points to identify the most relevant investors for your specific startup, significantly reducing the guesswork in fundraising.

Built by NFX, a leading venture capital firm, Signal leverages deep industry expertise and proprietary algorithms.

Signal by NFX Features

  • AI-driven investor matching
  • Detailed investor profiles and preferences
  • Investment pattern analysis
  • Warm introduction pathways
  • Success probability scoring
  • Market trends and insights
  • Regular algorithm updates
  • Network effects optimization

Signal by NFX Limitations

  • Limited to NFX network initially
  • Requires detailed startup profile
  • No direct contact information
  • Matching algorithm can be opaque

Signal by NFX Pricing

  • Free for qualified startups
  • Premium features for select members
  • No subscription fees

Signal by NFX Ratings and Reviews

  • Product Hunt: 4.7/5 (156+ reviews)

HubSpot for Startups

Website: hubspot.com/startups

HubSpot CRM interface

HubSpot for Startups offers a comprehensive CRM platform with specialized tools for fundraising. The platform includes email tracking, meeting scheduling, investor templates, financial projection tools, and fundraising round management features. HubSpot's startup program provides significant discounts for early-stage companies.

With extensive integration capabilities, HubSpot can serve as the central hub for all investor communications.

HubSpot for Startups Features

  • Complete CRM with contact management
  • Email tracking and sequences
  • Fundraising templates and playbooks
  • Meeting scheduling automation
  • Deal pipeline management
  • Financial projection tools
  • Custom reporting dashboards
  • Integration with 1,000+ apps

HubSpot for Startups Limitations

  • Can be overwhelming for small teams
  • Advanced features require higher tiers
  • Startup program has eligibility requirements
  • Learning curve for full utilization

HubSpot for Startups Pricing

  • Free CRM with basic features
  • Startup program: 30-90% discount
  • Sales Hub: From $45/month (with discount)
  • Enterprise features: Custom pricing

HubSpot Ratings and Reviews

  • G2: 4.4/5 (11,000+ reviews)
  • Capterra: 4.5/5 (4,000+ reviews)

Qubit Capital

Website: qubit.capital

Qubit Capital uses machine learning to align startups with the right investors based on industry, stage, geography, and portfolio fit. The platform analyzes investment patterns and startup characteristics to create highly targeted investor lists, significantly improving conversion rates.

Qubit's algorithms continuously learn from funding outcomes to improve matching accuracy.

Qubit Capital Features

  • Machine learning investor matching
  • Portfolio fit analysis
  • Geographic and stage filtering
  • Industry specialization matching
  • Investment timeline predictions
  • Investor engagement scoring
  • Regular database updates
  • Success rate tracking

Qubit Capital Limitations

  • Limited geographic coverage
  • Newer platform with smaller dataset
  • No direct contact information
  • Requires detailed startup profile

Qubit Capital Pricing

  • Free trial available
  • Subscription: €99/month
  • Annual plans with discount
  • Custom enterprise pricing

Evalyze.ai

Website: evalyze.ai

Evalyze.ai is an AI-powered platform that analyzes pitch decks, provides an Investor Readiness Score, and matches startups with aligned investors. The tool uses artificial intelligence to evaluate your pitch deck's strengths and weaknesses, offering actionable recommendations to improve fundraising success.

Evalyze combines pitch deck analysis with investor matching to streamline the entire fundraising preparation process.

Evalyze.ai Features

  • AI pitch deck analysis
  • Investor Readiness Score
  • Slide-by-slide feedback
  • Investor matching algorithm
  • Competitive benchmarking
  • Market trend insights
  • Improvement recommendations
  • Success probability forecasting

Evalyze.ai Limitations

  • AI analysis may miss nuanced factors
  • Limited to pitch deck evaluation
  • Requires upload of sensitive materials
  • Newer platform with limited track record

Evalyze.ai Pricing

  • Basic analysis: Free
  • Premium: $49/month
  • Pro: $99/month with advanced features
  • Enterprise: Custom pricing

EasyVC

Website: easyvc.ai

EasyVC offers AI-driven investor matching combined with LinkedIn outreach automation and a user-friendly fundraising pipeline. The platform helps startups identify relevant investors and automate initial outreach, saving countless hours in the fundraising process.

EasyVC's automation features help founders scale their investor outreach while maintaining personalization.

EasyVC Features

  • AI investor matching
  • LinkedIn outreach automation
  • Fundraising pipeline management
  • Email sequence automation
  • Response tracking and analytics
  • Personalization tokens
  • Follow-up automation
  • Integration with major CRMs

EasyVC Limitations

  • Risk of appearing spammy with automation
  • LinkedIn restrictions may apply
  • Limited to online outreach
  • Requires careful message customization

EasyVC Pricing

  • Starter: $79/month
  • Growth: $149/month
  • Pro: $299/month
  • Custom enterprise plans

Wefunder

Website: wefunder.com

Wefunder is an equity crowdfunding platform that allows startups to raise capital from both accredited and unaccredited investors. The platform democratizes startup investing, enabling founders to build a community of supporters while raising capital. Wefunder has helped thousands of startups raise over $500 million.

The platform is particularly useful for consumer-facing startups that want to turn customers into investors.

Wefunder Features

  • Equity crowdfunding campaigns
  • Both accredited and unaccredited investors
  • Community building tools
  • Marketing and promotion support
  • Legal documentation assistance
  • Rolling close capabilities
  • Investor updates and communications
  • Secondary market for liquidity

Wefunder Limitations

  • 7.5% platform fee on funds raised
  • Public disclosure requirements
  • Time-intensive campaign management
  • Not suitable for all business models

Wefunder Pricing

  • Platform fee: 7.5% of funds raised
  • Legal fees: $0-5,000 depending on structure
  • No upfront costs
  • Payment processing fees apply

Wefunder Ratings and Reviews

  • Trustpilot: 4.2/5 (89+ reviews)

Carta

Website: carta.com

Carta is the leading cap table management platform, helping startups plan equity distribution, model funding rounds, and manage stakeholder communications. While not strictly a fundraising tool, Carta is essential for the fundraising process, providing clean cap tables and equity planning that investors require.

Carta is trusted by over 40,000 companies and manages over $2 trillion in equity.

Carta Features

  • Cap table management and modeling
  • Equity planning and scenario analysis
  • 409A valuations
  • Fundraising round modeling
  • Investor portal and communications
  • Secondary market for liquidity
  • Fund administration (for VCs)
  • Compliance and tax documentation

Carta Limitations

  • Expensive for very early-stage startups
  • Complex for simple cap tables
  • Lock-in effects with data migration
  • Annual pricing can increase significantly

Carta Pricing

  • Free for companies under $1M in assets
  • Launch: $2,200/year
  • Growth: $4,900/year
  • Scale: Custom pricing
  • Additional fees for transactions

Carta Ratings and Reviews

  • G2: 4.4/5 (567+ reviews)
  • Capterra: 4.5/5 (234+ reviews)

PitchBook

Website: pitchbook.com

PitchBook is a comprehensive market intelligence platform providing data on private and public equity markets. For fundraising, PitchBook offers detailed investor profiles, market benchmarks, valuation data, and competitive intelligence. The platform is widely used by both startups researching investors and VCs conducting due diligence.

PitchBook is the gold standard for private market data, trusted by the world's leading financial institutions.

PitchBook Features

  • 3 million+ company profiles
  • 250,000+ investor profiles
  • Detailed funding round data
  • Market trend analysis
  • Valuation benchmarks
  • Competitive intelligence
  • M&A deal tracking
  • Custom reports and exports

PitchBook Limitations

  • Very expensive for startups
  • Overwhelming amount of data
  • Steep learning curve
  • Primarily designed for institutional users

PitchBook Pricing

  • Annual subscriptions only
  • Starts at $10,000+/year
  • Custom pricing based on features
  • Typically used by funded startups or VCs

PitchBook Ratings and Reviews

  • G2: 4.4/5 (234+ reviews)

Affinity

Website: affinity.co

Affinity is a relationship intelligence CRM designed specifically for dealmakers, including startup founders raising capital. The platform automatically captures and analyzes all your team's interactions with investors, providing insights into relationship strength and suggesting the best paths to warm introductions.

Affinity uses AI to surface relationship intelligence that would otherwise remain hidden in email and calendar data.

Affinity Features

  • Automatic relationship intelligence
  • Network analysis and mapping
  • Email and calendar integration
  • Investor pipeline management
  • Introduction path finding
  • Team collaboration tools
  • Automated data entry
  • Advanced analytics and reporting

Affinity Limitations

  • Expensive for early-stage startups
  • Privacy concerns with email scanning
  • Requires team buy-in for full value
  • Complex setup and configuration

Affinity Pricing

  • Custom pricing based on team size
  • Typically starts at $500+/month
  • Annual contracts required
  • Free trial available

Affinity Ratings and Reviews

  • G2: 4.5/5 (456+ reviews)
  • Capterra: 4.6/5 (89+ reviews)

Conclusion: Choosing the Right Startup Fundraising Tools in 2025

Successful startup fundraising in 2025 requires more than just a great idea—it demands the right tools to manage investor relationships, share documents securely, and gain insights into investor behavior. Whether you choose Papermark for open-source pitch deck analytics and data rooms, AngelList for accessing their extensive investor network, or Crunchbase for comprehensive market intelligence, the key is selecting tools that align with your fundraising stage and strategy.

For most founders, a combination of tools works best: a document sharing platform like Papermark for pitch deck analytics, a CRM like Foundersuite or HubSpot for relationship management, and a research tool like Crunchbase for investor discovery. The platforms covered in this guide represent the best options available, each offering unique strengths for different aspects of the fundraising journey.

Remember, tools are enablers—the real work of fundraising lies in building genuine relationships, crafting a compelling narrative, and demonstrating traction. Choose your fundraising stack wisely, and invest time in mastering the tools that will give you the greatest competitive advantage.

FAQ

For more information about startup fundraising and pitch deck best practices, check out our related articles:

More useful articles from Papermark

Ready to share your pitch deck?