Local investors are celebrating as one of the startups they backed in 2014, Boston Logic, has succeeded and more than tripled every dollar invested.
“We are at an exciting time in our history and well positioned to expand in ways that further propel our customers as technology leaders,” said Boston Logic founder & CEO David Friedman.
Boston Logic provides real estate brokerages with software, marketing and design solutions that make them technological leaders in their marketplace.
Western Mass. natives met Boston Logic because of their membership in River Valley Investors, the region’s largest network of angel investors. River Valley Investors is comprised of local entrepreneurs and business executives with the shared goal of funding start-ups.
“Start-ups need people willing to take a chance and invest in them when no bank or traditional funder can. That is where angel investor networks like the River Valley Investors come in,” said Paul Silva, Manager of the River Valley Investors. “Working together helps angel investors find, vet, and profitably invest in the rare startups like Boston Logic that can succeed and generate a substantial financial return.”
About Boston Logic:
Boston Logic is an on-demand, software-as-a-service company designed exclusively to empower real estate brokerages to become technology leaders.
About River Valley Investors:
River Valley Investors (RVI) is Western Massachusetts' angel investor network, including successful entrepreneurs and executives dedicated to helping each other find, evaluate and profitably invest in exciting companies with significant growth potential.