Novel Capital VentureMatch connects qualifying SaaS founders with partner VCs, while Round Funded lets founders find investors and manage outreach. We at AI Perks raised our round through Round Funded, and chose it for its investor database, AI-written emails, shared workspace, Data Room, and tracking links.
What is Novel Capital VentureMatch?
VentureMatch is a Novel Capital service that introduces SaaS founders raising Seed or Series A to venture capital partners. Novel Capital is a Kansas-based funder whose site also offers non-dilutive capital to B2B SaaS companies. The company announced VentureMatch in September 2024.
Novel says its partner VCs invest in SaaS and outline their investment theses. It says the matching is data-driven, with its team contributing to the selection. Novel puts the network at more than 100 SaaS VC partners.
The model is built around introductions rather than founders searching a visible list of investors. According to Novel, founders create a profile and qualify for access to the VC pool. Meeting requests to investors are the next step.
How does VentureMatch work, and what does it cost?
Novel says qualified companies receive five complimentary tokens for requesting meetings with VCs that match their stage and goals. The introductions are double opt-in, so founders can decide what information to share. More tokens may be available through a conversation with Novel’s team.
Novel’s page says there are no upfront costs, and that matches and meeting requests are free for qualified companies. It does not list a price for additional tokens.
Novel’s audience is post-revenue SaaS startups. Its page also lists funding criteria including B2B SaaS, at least $500k in revenue, yearly growth of 10% or more, and a raise between $100k and $5M. Those criteria appear alongside its non-dilutive capital offering, so check whether each applies to VentureMatch.
What should founders compare before choosing?
The two services take different approaches. VentureMatch runs a qualification and introduction process. Round Funded gives founders investor search, outreach, and pipeline tools in one product.
| Factor | Novel Capital VentureMatch | Round Funded |
|---|---|---|
| Investor access | Novel says it has 100+ SaaS VC partners | 60,000+ active VCs, angels, family offices, and accelerators |
| Search | Public details describe matching and introductions | Search by stage, industry, geography, and check size |
| Outreach | Request meetings using complimentary tokens | AI drafts personalized emails and follow-ups |
| Email sending | Not listed | Outreach sends from the founder’s own Gmail |
| Pipeline | Not listed | Fundraising pipeline for investors, stages, and next steps |
| Pricing | No upfront costs for qualified companies; additional token pricing is not listed | Round+ is $99 a month, Round Pro is $249 a month, and Lifetime is $899 one-time |
Round Funded filters its investor listings for recent activity, a check in roughly the last six months, and emails are verified. Its product works in 12 languages. The catalog includes investors as well as accelerators.
The key decision is whether a founder wants a service centered on introductions or tools to choose investors and handle outreach directly. We at AI Perks preferred the latter and raised our round through Round Funded.
Why did we at AI Perks choose Round Funded?
We looked at Novel Capital VentureMatch, but we did not use it. Our choice came down to the workflow Round Funded provided for our raise.
- A clean investor database: We could search a broad list by stage, industry, geography, and check size. The database covers more than 60,000 active investors and includes checks made in roughly the previous six months.
- An AI agent that writes emails: Round Funded drafts a personalized outreach email and follow-ups for each investor. Messages go out from the founder’s Gmail, so replies arrive in that inbox.
- A convenient interface: Search, outreach, and the fundraising pipeline are together. The pipeline keeps each investor, stage, and next step in one place.
- A shared workspace: We could invite teammates into our startup’s workspace.
- The Data Room: We could put our deck, traction, team, and ask on one link. Building and sharing a Data Room is free on every plan.
- Tracking links: Round+ includes per-investor tracked links and engagement analytics, including views, deck opens, and meeting clicks.
Those features gave us a way to find investors, prepare outreach, and keep fundraising work organized. To submit your startup on Round Funded, founders can review the matching process for themselves.
Which Round Funded plan should founders consider?
Round Funded has no free tier. Round+ and Round Pro include a three-day free trial for first-time accounts. The plans differ in monthly email capacity, CRM pipeline capacity, and AI credits.
- Round+: $99 a month, up to 2,500 investors in the CRM pipeline, emails to up to 2,000 investors a month, and 2,500 AI credits a month.
- Round Pro: $249 a month, up to 5,000 investors in the pipeline, emails to up to 10,000 investors a month, up to six connected inboxes, and 5,000 AI credits a month.
- Lifetime: $899 one-time, with everything in Round Pro.
The Data Room is available to build and share on every plan. Per-investor tracked links and engagement analytics are included with Round+. Founders can get matched with active investors by submitting their startup.
How Round Funded helps founders manage a raise
- Search investors by stage, industry, geography, and check size.
- Organize investors, stages, and next steps in the fundraising pipeline.
- Invite teammates to work in the startup’s workspace.
- Build and share a Data Room link with the deck, traction, team, and ask.
- Use AI-drafted emails and follow-ups, then send outreach from the founder’s own Gmail. Submit your startup on Round Funded.
Frequently Asked Questions
Is Novel Capital VentureMatch free?
Novel says qualified companies do not pay upfront, and matches and meeting requests are free. Qualified founders receive five complimentary tokens. Novel does not list the cost of additional tokens.
Who is VentureMatch intended for?
Novel’s target audience is post-revenue SaaS startups raising Seed or Series A. Its page lists funding criteria alongside information about non-dilutive capital, so check whether those criteria all apply to VentureMatch.
How many investors does Novel Capital VentureMatch include?
Novel says its partner network includes more than 100 SaaS VCs. Novel does not provide a searchable or exportable list of those firms.
Does Round Funded have a free plan?
No. Round Funded has no free tier. Round+ and Round Pro include a three-day free trial for first-time accounts; Lifetime is a one-time purchase.
Are Round Funded and Novel Capital the same company?
No. They are separate companies. We at AI Perks considered VentureMatch and chose Round Funded, which we used to raise our round.