If there was a way to improve your chances of meeting your business soulmate would you take it? Someone to look out for you and share your goals and aspirations with, someone there to give you balanced advice, someone to support you financially should you need it. Someone to partner you in achieving things you couldn’t do without them.

You know you would. And following this morning’s launch of Cofounda, now you can.

Cofounda is a smartphone app that connects entrepreneurs, consultants and investors for the benefit of business. Using the latest whiz-bang geo location technology (lets others know where you are and you know what’s around you) Cofounda allows you to find similar minded business people you’ve probably never met, sitting in the same cafe as you.

As well as the ability to search for investors, consultants and other entrepreneurs anywhere in the world, the app will soon have a community of angel investors that entrepreneurs can pitch to via video and instant messaging platforms. These pitches will be stored in a database where other angels can search for and shortlist those they’re interested in, and contact the entrepreneur responsible.

Cooked up by a small, dedicated team of business and IT brains (including folks from ShoeString Launch and 3Play Technology, the app has taken five months to develop and is one of those things you think ‘Gee that’s good, why hasn’t anyone else developed it?’. The possibilities are exciting, and it really feels like a tool developed by entrepreneurs for entrepreneurs.

“In 2011 Australians registered over 60,000 domain names each month,” says Angela Vithoulkas, Marketing Director, Cofounda, “this represents tens of thousands of new ideas that a platform such as Cofounda helps by connecting the right people and skill sets, turning their dreams into reality”.

It’s effectively tailored, leg-work-less networking, and as long as they’ve got Cofounda, they’re now accessible to you. So on this Valentine’s Day think about who your business soulmate might be, download the free app and see if your future partner is sitting next to you!

Cofounda is now available on iOS and Android systems.