InvestTrack: Design and development of online system for startups investment funding
Fritz M. Abrea, Roxanne Zaine L. Alcordo, Hazelyn A. Balingcasag, Joshua S. Biong, Rob S. Borinaga & Kenn Migan Vincent C. Gumonan
Abstract
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.
Keywords
startups, funding, investor, react JS, website development
Author information & Contribution
Fritz M. Abrea. Bachelor of Science in Information Technology, Student, Cebu Institute of Technology University.
Roxanne Zaine L. Alcordo. Bachelor of Science in Information Technology, Student, Cebu Institute of Technology University.
Hazelyn A. Balingcasag. Bachelor of Science in Information Technology, Student, Cebu Institute of Technology University.
Joshua S. Biong. Bachelor of Science in Information Technology, Student, Cebu Institute of Technology University.
Rob S. Borinaga. Bachelor of Science in Information Technology, Student, Cebu Institute of Technology University.
Kenn Migan Vincent C. Gumonan. Corresponding author. Master of Science in Information Technology, Instructor, Cebu Institute of Technology University. Email: kennmiganvincent.gumonan@cit.edu
"Author 1 and Author 5 contributed to all aspects of the website development. Author 2 and Author 3 contributed to the front-end of the website. Author 4 contributed to the back end of the website development. While Author 6 helped in ensuring the quality of each phase in the development. All authors contributed to gathering, analyzing and interpreting the data. All the authors contributed to finalizing the research framework, writing of the drafted, revised, and final version of the manuscript."
Disclosure statement
No potential conflict of interest was reported by the author(s).
Funding
This work was not supported by any funding.
Institutional Review Board Statement
Not Applicable
Data and Materials Availability
AI Declaration
AI tools were not used in writing this paper.
Notes
Acknowledgement
All glory to God for the wisdom, strength, and perseverance to complete this endeavor. The researchers would like to express their heartfelt gratitude to everyone who contributed to the success of this study. To the IT professionals, professors, startup owners, and investors who participated in testing and evaluating the system for their feedback and insights, who were invaluable in refining the system. To their mentor, for his invaluable guidance, expertise, and unwavering support throughout the research and development process. The authors would also like to thank the administration and staff of Cebu Institute of Technology University for providing the opportunity and resources to conduct this study. This study would not have been possible without the collective efforts and support of these individuals and entities. Thank you!
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Cite this article:
Abrea, F.M., Alcordo, R.Z.L., Balingcasag, H.A., Biong, J.S., Borinaga, R.S. & Gumonan, K.M.V.C. (2025). InvestTrack: Design and development of online system for startups investment funding. International Journal of Science, Technology, Engineering and Mathematics, 5(2), 60-82. https://doi.org/10.53378/ijstem.353187
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