June 9, 2022

How Techmind uses folk to create value for its portfolio

Discover folk - the CRM for people-powered businesses

Techmind works with corporate and private investors from the detection of new opportunities to the exits. Their team’s goal is to help their VCs to find future unicorns to invest in. Founded in 2018, the VC fund already counts billion dollar companies like Payfit and Aircall in their portfolio. From fintech, deeptech and proptech, to foodtech and media, they are always looking for the next big thing. We asked David Domingues, Techmind’s Managing Director, how folk helps their team to achieve their goals.

Keep all your professional contacts in one place

When different teams share the same contact database, having a user-friendly tool that allows you to store all your contacts – from business angels to experts, entrepreneurs and partners – in one place can make working together a lot easier.

“We mainly use folk to keep an updated contact base for the whole team at Techmind. We need to be able to share contacts (entrepreneurs, experts, business angels, deal partners, etc.) easily with different people in different teams and the possibility to connect a contact to a specific startup, deal, or category makes working together as a team a lot more manageable. The best feature for us is definitely the ability to sort contacts with tags and the option to create views. I also think that adding companies logos automatically is a very nice touch.”

Make your network actionable for your portfolio companies

Being able to share your contacts with anyone in your network is great for companies that work closely with other entities. For Techmind, being able to share their precious contact lists of VCs, experts, operator angels and founders with the startups in their portfolio adds a lot of value and helps create a stronger relationship with the founders they invest in.

“We use folk to create value for our portfolio companies and easily make introductions between the experts in our network and the founders. We share lists of contacts with their teams – from the best VCs and headhunters to any other experts they might need to build their products. Our portfolio companies can access this network and instantly know who is the best person in our team (or from other portfolio companies), to introduce them to a specific expert or VC. It creates a strong value for all parties involved and saves us a lot of time.”

Save time while your team grows

When a team grows exponentially and in a short amount of time, the onboarding process can be extremely taxing on the other members of the team. Having a hub to store not only all the important contacts, but also notes, comments, personal intel, and any other significant information regarding each contact in the list, can not only save a lot of time but also release the team from the additional workload.

“Its UX makes folk extremely user-friendly and being so easy to use means that we can onboard juniors in the team on folk seamlessly. It has saved us a lot of time and makes onboarding new hires a lot easier”, concludes David Domingues.

folk is here to help you grow your business. Learn more about folk for investors here.