When Ciminelli Real Estate Corporation needed to fundraise quickly and efficiently for their most recent investment projects, they used Verivend to get the job done. “Verivend has allowed for faster funding from investors and provided our firm quick insights into the tracking of funding from each investor.” Verivend’s end-to-end transparency for every transaction and its […]
September 8, 2022
Ciminelli Real Estate Corporation Gains Faster Fundraising
June 27, 2022
Sending Disbursements & Distributions with Verivend
See how easy, seamless, and secure it is to instantly send disbursement and distribution payments to investors, LPs, and portfolio companies with Verivend. Never write a check or send a wire again.
June 16, 2022
Sending Capital Calls with Verivend
See how easy, seamless, and secure it is to instantly issue capital calls to investors and LPs with Verivend.
May 10, 2022
How Endeavor Moved SPV Capital With Ease
Utilizing Verivend for their lastest SPV was a fast and seamless experience for Endeavor and their investors. Within minutes of sending out capital calls, funding already started coming in and Verivend provided our LPs with an easy and streamlined experience wherever they were, on whatever device they were using. Verivend’s digital wallet offered us a […]
April 5, 2022
Counsel Financial Introduction
Hear from Ryan Kagels, CFO at Counsel Financial, about how Verivend provided their firm with solutions across the spectrum for investor payments, vendor payments, and invoicing clients and customers. “We have a number of investors in each business and are using Verivend across the spectrum for investor payments, vendor payments, and invoicing clients and customers.”
Counsel Financial – What was life like before Verivend?
Ryan Kagels, CFO at Counsel Financial, talks about what life was like before Verivend and the ease it provides by bringing many different functions into a single platform. “Before Verivend, everything was across a number of different platforms.” “Verivend brings everything into one platform.”
Counsel Financial – How easy was the onboarding process?
Ryan Kagels, CFO at Counsel Financial, talks about the ease of Verivend’s onboarding process and how quick it was to get up and running. “To get onboard with Verivend was very easy.” “With Verivend, it literally took us maybe an hour.”
Counsel Financial – What problems did Verivend help you overcome?
Ryan Kagels, CFO at Counsel Financial, talks about the problems Verivend helped overcome and the life-changing efficiencies it provides. “Verivend solved for a lot of the inefficiencies we had.” “It’s life-changing for fund type of businesses.”
Counsel Financial – How would you describe Verivend?
Ryan Kagels, CFO at Counsel Financial, talks about how he describes Verivend in a few sentences. “Once you see what Verivend can do, it’s life-changing as far as efficiency in processing and receiving payments.”
Counsel Financial – How did you handle capital calls before Verivend?
Ryan Kagels, CFO at Counsel Financial, talks about how capital calls were a nightmare and a tedious process before Verivend, and now within minutes, capital calls can be sent out to all of their investors and funded within the same day. “Capital calls were a nightmare for us and a tedious process to raise the […]
Counsel Financial – How did you handle distributions before Verivend?
Ryan Kagels, CFO at Counsel Financial, talks about how distributions were handled before Verivend, and how the time is now cut down from hours to minutes by using Verivend to manage distribution payments to their investors. “Before Verivend, we would need to handwrite checks and have to send them to specific mailboxes based on the […]
Counsel Financial – How much time do you save by using Verivend?
Ryan Kagels, CFO at Counsel Financial, talks about the time savings gained by using Verivend. “Hours a week of savings.” “Everything is there. Every entity that I deal with is on the Verivend platform and the efficiency was huge for us.”
Counsel Financial – Have you received feedback from your investors or partners?
Ryan Kagels, CFO at Counsel Financial, talks about the feedback they’ve received from using Verivend with their investors and partners. “The investors love it. They say, ‘I see an email, I click accept, and the money is in my account by the end of the day.’”
Counsel Financial – Is there a certain feature that really stands out?
Ryan Kagels, CFO at Counsel Financial, talks about the features of Verivend’s platform that really stand out. “Everything in one platform is very helpful and you can see who has accepted a payment and what payments are pending.”
Counsel Financial – What would you tell someone about Verivend?
Ryan Kagels, CFO at Counsel Financial, talks about what he would say to someone considering using Verivend’s platform. “Once you try it, you will be on board immediately.” “It reduces the float and lag on payments, and everything is real-time, which also saves businesses money.”
Counsel Financial – What can Verivend help you with next?
Ryan Kagels, CFO at Counsel Financial, talks about what else Verivend can help his firm save time across their operations. “I think the sky is the limit with Verivend.” “The amount of time savings using the platform across its various functions is very helpful.”
March 16, 2022
Lorraine Capital Introduction
Sam Russo, Partner & Managing Director at Lorraine Capital, talks about how Verivend provided their firm ways to be more efficient and provide their Limited Partners with the best experience possible. “We’re always looking for ways to be more efficient in how we can process and fund our transactions and provide our investors and Limited […]
Lorraine Capital – How were you introduced to Verivend?
Sam Russo, Partner & Managing Director at Lorraine Capital, talks about how he was introduced to Verivend and the solutions it provides. “There was great alignment with what we do and how we do it, and to create meaningful efficiencies for us and to provide a much better experience for our Limited Partners.”
Lorraine Capital – Before Verivend how did you send and receive capital?
Sam Russo, Partner & Managing Director at Lorraine Capital, talks about how his firm sent and received capital before using Verivend. “Before Verivend, it was such a manual process.” “Our first experiences with Verivend have been tremendous — there are significant time savings, a differentiated user experience for us, and it’s easy to use, simple, […]
Lorraine Capital – When did you realize you made the right decision with Verivend?
Sam Russo, Partner & Managing Director at Lorraine Capital, talks about when they realized they made the right decision to use Verivend to move and manage their firm’s private capital. “The first time we pushed distributions through the platform, we realized we made a good call.” “We were able to see the acceptance from all […]