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Company History - About bpCentral, Inc.

Since founding bpCentral, our focus has been on increasing each user’s competitive advantage each and every time they interact with one of our applications.  Naturally, this involves more than simply enabling complex calculations to be performed accurately.  In fact, during the first 12 months of developing our new technologies and applications, we put an inordinate amount of resources into discovering how to transform the relationships between idiosyncratic decision-makers and financial information.  Our premise was that if that human to data relationship could be elevated to a new standard, then the relationships of those professionals with the entities and individuals they interact with could more efficient and therefore more valuable. 


In response, we developed CIMPA, the Carver Import Algorithm, a system that allows any electronic financial information, data or reports to be interpreted by a receiving system without the need for XML, XBRL, tagging approaches or extensive manual data entry.  As a result of this technology, the Company’s systems for private equity and venture capital professionals are able to import data in a matter of seconds, instead of a matter of hours. 


Similarly, the Company noted that when users attempted to calculate the outcomes of complex liquidation preferences, anti-dilution provisions and other complex terms that are common to VC/PE transactions, any output was virtually impossible to verify without a costly audit of the formulas.  Since the formulas were generally based in excel, this meant that few if any partners or other key investment professionals could afford to expend the effort to verify how amounts were arrived at.  Upon further consideration, the Company realized that, to a certain extent, this was true of all financial reports.  For traditional financial statements, this point is evidenced in the fact that notes to financial statements typically occupy several times more pages than the actual financial reports do.  This realization inspired the Company to develop a system it calls OferX, which presents all financial information in a manner that allows any user to audit and see how amounts were calculated (in an easy to understand, quantifiable manner) without the need for extensive textual descriptions.

Together these unique tools form the foundation for the Company’s offerings, which are backed by over 21 patent pending technologies.


Pays For Itself In One Click
With a single click, a process that would cost thousands in back-office time, and require at least an hour of partner time to qualify, is reduced to seconds.
bpCentral in The News

"Microsoft is pleased that bpCentral has earned the Certified for Windows Vista software logo for their Liquid Scenarios 2007 Desktop and DownRound 2006 Desktop applications," said Brad Goldberg, General Manager for Windows Vista Product Management at Microsoft Corp. "By certifying their applications, bpCentral is letting their customers know that their product has met explicit standards of reliability and quality, and has been tested and proven to deliver a superior experience with a PC running Windows Vista.".

Lorenzo Carver wants to put more analytical power into the hands of venture capitalists and other financial advisers.

Carver, a CPA who consulted for investment professionals, spent the past three years developing a software that lets venture capital partners perform complex analyses on handheld devices, such as the Palm Treo 700w, Motorola Q and HP 6500, as well as laptop and desktop computers.
Over the Summer Lorenzo Carver and Ben Montalbano (Chief Knowledge Architect and Communications Manager, respectively) from bpCentral gave 4vco a demonstration of their soon-to-be-launched software, Liquid Scenarios 2007 for Handhelds and Smartphones. The software aims to address the need for modelling financing and exit transactions and is targeted at front office venture capital professionals, their advisors and the staff at investee companies with whom they deal.

The demonstration illustrated how the software can almost immediately show the results of changes in anti-dilution provisions, option pool increases, warrants and any of the other many terms that apply to the current or previous financing rounds.
Press Releases

"Microsoft is pleased that bpCentral has earned the Certified for Windows Vista software logo for their Liquid Scenarios 2007 Desktop and DownRound 2006 Desktop applications," said Brad Goldberg, General Manager for Windows Vista Product Management at Microsoft Corp. "By certifying their applications, bpCentral is letting their customers know that their product has met explicit standards of reliability and quality, and has been tested and proven to deliver a superior experience with a PC running Windows Vista.".

Interview: A conversation with the founder and chief knowledge architect of bpCentral Inc. By The Denver Post

Carver, a CPA who consulted for investment professionals, spent the past three years developing a software that lets venture capital partners perform complex analyses on handheld devices, such as the Palm Treo 700w, Motorola Q and HP 6500, as well as laptop and desktop computers.
Over the Summer Lorenzo Carver and Ben Montalbano (Chief Knowledge Architect and Communications Manager, respectively) from bpCentral gave 4vco a demonstration of their soon-to-be-launched software, Liquid Scenarios 2007 for Handhelds and Smartphones. The software aims to address the need for modelling financing and exit transactions and is targeted at front office venture capital professionals, their advisors and the staff at investee companies with whom they deal.

The demonstration illustrated how the software can almost immediately show the results of changes in anti-dilution provisions, option pool increases, warrants and any of the other many terms that apply to the current or previous financing rounds.
BOULDER, Colo., Oct. 12 /PRNewswire/ -- bpCentral, Inc. today announced the world's first handheld software applications that allow venture capital partners and their portfolio companies' executives to perform complex pricing and liquidity analysis while virtual, mobile or remote.

With the launch of Liquid Scenarios® 2007 and DownRound(TM) 2006 for Palm Treo 700w, Motorola Q and HP6500, bpCentral's proprietary tools import financial reports in seconds simply by clicking on a workbook file (CIMPA(TM)). The application reduces the thousands of words found in financial report notes to a single, dynamic file (OferX(TM)).
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