DealCloud: Fostering connections in fintech

DealCloud, a fintech company that equips traditional financial institutions with CRM and deal management software, strives to be anything but traditional in how they respond to their customers’ evolving needs.

Stats

years of active engagement

24x

team growth since the project’s launch

126

Vention team members

Project description

Taking a hard look at their aging and inflexible SharePoint-based infrastructure back in 2016, the DealCloud team knew it was time to bring in an experienced partner who could deliver a more innovative, streamlined platform.

After a thorough vetting process, they chose Vention to develop custom CRM apps for web and mobile, helping users execute deals and connect with any third-party data provider on the go. To accelerate the digital transformation, we brought together our best specialists across web development, DevOps, and QA, and formed seven agile, cohesive sub-teams to collaborate in tandem.

With only three in-house engineers on the client’s side, we quickly became DealCloud’s core squad, scaling from six to 126 professionals to match their ever-growing success — but we were nowhere near the finish line.

In 2018, DealCloud was acquired by Intapp, and we were further entrusted with the development of their one-of-a-kind connected firm management solution, OnePlace.

Owing to such a stable foundation, the pandemic hardly impacted the company’s operation; in 2020, our team doubled in size to deliver a number of brand-new modules powered by AI and cloud technologies.

The result

Thanks to the scalability of the platform and its state-of-the-art features, DealCloud managed to double their client roster, now supporting over 25,000 principal investors, M&A advisors, and other deal professionals. Beyond that, a series of crucial integrations performed by Vention enabled their clients to access the world's largest storage of financial data as well as streamline logistics and close more deals, faster.