InvestTrack: Design and development of online system for startups investment funding
This study aims to develop a website that facilitates startup funding, particularly on creating and tracking funding rounds. This will enable investors to invest seamlessly, track investments and ownership percentages, and support startups in managing their funding activities effectively while foste...
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| Main Authors: | , , , , , |
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| Format: | Article |
| Language: | English |
| Published: |
Institute of Industry and Academic Research Incorporated
2025-06-01
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| Series: | International Journal of Science, Technology, Engineering and Mathematics |
| Subjects: | |
| Online Access: | https://iiari.org/journal_article/investtrack-design-and-development-of-online-system-for-startups-investment-funding/ |
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| Summary: | This study aims to develop a website that facilitates startup funding, particularly on creating and tracking funding rounds. This will enable investors to invest seamlessly, track investments and ownership percentages, and support startups in managing their funding activities effectively while fostering transparency and trust. The researchers employed an Agile Development approach because it enables teams to manage their workloads successfully and create the highest-quality product while staying within their allocated budget. The six fundamental phases are planning, design, development, testing, release, and feedback. The web application received commendation from the users based on the ISO/IEC 25010 evaluation, with an overall weighted mean of 3.84, rated as very good. The key strengths identified were functionality, compatibility, and maintainability. The startup owners rated the system with an overall weighted mean of 4.18, and the investors rated it with 4.01. The results reflect positive user feedback on ease of use, interface design, and effectiveness in tracking investments. The results of the evaluation from startups and investors show that the web-based system effectively supports funding management and fosters an intuitive user experience. Future versions of the system should consider developing mobile applications or offering cross-platform support to cater to a wider audience. The researchers recommend that local and regional incubation hubs implement the website to further support the startups in terms of funding. |
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| ISSN: | 2799-1601 2799-161X |