Ask HN: Is FounderSuite a good way to raise capital?

If you are not connected and don't have a good network raising capital can be daunting, if not impossible.

I came across FounderSuite, which looks interesting. However the question is: Are these tools and similar sites actually useful or are they just another way to waste time and money? I don't have a problem buying a subscription to anything but it has to have a reasonable ROI (defined as greater than zero).

Any other sites/services I should consider?

We already have some traction by contacting VC (cold emails) via LinkedIn. Just looking for a way to expand the search space and have a better way to manage the process.

Thanks.