The platform intends to list at least 150 startups and attract 30.000 individual investors by the end of 2022
Bucharest, May 25th, 2021
SeedBlink, the fastest growing investment platform in technology start-ups in Europe, aims to raise 3 million euro in a Series A round, of which 500.000 euro are to be raised through equity crowd investing. The listing will be on their own platform, on May 27th, 2021, starting at 10.00 AM. Investors will be able to participate with tickets starting at 2.500 euro.
The main investor is a major VC in the region, who will be joined by other institutional investors, as well as by the SeedBlink community. The name of the lead funder will be announced after the due diligence process is completed.
The pre-money valuation of SeedBlink is 12 million euro.
SeedBlink is a platform that democratizes the access to early stage investments for investors who do not have large amounts of money, nor the time needed to join exclusive clubs.
The platform was launched in December 2019 by former bankers Andrei Dudoiu and Ionuț Pătrăhău. At the beginning of last year, Radu Georgescu and Carmen Sebe, two of the most famous technology specialists in Romania, joined as partners. The team participated in 45% of the financing rounds (Pre-Seed and Seed) of Romanian startups in 2020.
SeedBlink has launched 42 funding campaigns in the 18 months since its inception, thus helping startups raise a total of € 15 million from individual investors and VC funds (55% of the amount through equity crowdfunding). The success rate of the campaigns was 95%. The startups on the platform have attracted over 5.000 investors from 15 countries.
“_By the end of next year, we want to list at least 150 technology startups and have 30.000 individual investors on the platform. Moreover, we aim for revenues exceeding three million euro in 2022_”, states Andrei Dudoiu, co-founder and CEO of SeedBlink.
For 2021, SeedBlink management is targeting revenues of over one million euro.
SeedBlink management plans to develop the platform internationally starting in the last quarter of this year by establishing partnerships with the main technology hubs in Europe.
SeedBlink's intention is to shape Europe’s technological future by creating a platform that combines the visibility generated by crowdfunding, the flexibility of angel investors and the structuring provided by VCs. Furthermore, the management intends to set up an Advisory Board of senior specialists in the region within the next three months.
"Until recently, we had positioned ourselves as an equity crowdfunding platform for technology startups, but we have identified several other opportunities. We want individual investors in Europe to benefit from the possibility to fund technological startups together with business angel professionals and venture capital partners. And we want the founders to find resources and mentors in one place. We want to create an innovative investment platform for Europe", says Andrei Dudoiu.
SeedBlink management also aims to provide products and services to a wider audience, by creating a secondary market, developing a network of experts, expanding the methods of interaction between the actors involved through technology, to name but a few.
SeedBlink is the fastest growing investment platform in technology startups in Europe in terms of the amounts traded and the number of investors. The company aims to democratize the investment process by combining, in one online platform, crowdfunding visibility, business angel flexibility and VC expertise. SeedBlink's booming community is at the heart of the platform's success, along with a selection of technology startups founded by passionate teams with innovative ideas, real social impact and potential for international scaling. More about SeedBlink at www.seedblink.com.
PublishedMay 25, 2021
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SeedBlink is a transparent solution that connects entrepreneurs with great business plans, with investors, at different stages in their development. It is a great tool for us, a democratization of access to funding, I would say.
We really loved the SeedBlink journey. We reached our fundraising goal within hours of launching. About 100 investors joined our vision and invested almost $2 million in FLOWX.AI through the Private Deal Room. At the same time, working with SeedBlink to prepare for the funding round was an excellent exercise for our entire team, and we received and felt the support from the SeedBlink team members who took on an advisory role.
SeedBlink made the (investment) process run smoothly. We appreciate all the support SeedBlink's professional team has provided.
Founder and CEO
It's important to look for and choose a platform that you resonate with, that shares your mission with, a platform & its people with which you feel you can have good working relationships. we got an excellent relationship going forward; we talked a lot and we were in touch on a lot of matters and I think this was important. Having people who believe in your idea is of great help.
Founder and CEO
Running the financing round was like any other fundraising; we had to be active in our community as well as in SeedBlink's investor community. After the launch, everything happened very quickly, and SeedBlink organized several pitch events for investors, which we found very useful for the round momentum.
Founder and CEO
We immediately clicked with the SeedBlink team as their fundraising expertise was immediately obvious and their no-nonsense approach really appealed to us. After all, fundraising is only a means to an end, and we liked how the SeedBlink team was really focusing on supporting us and on getting things done.
Our main expectation has been to raise the amount we were aiming for, and both rounds launched on Seedblink exceeded our targets, so we’re very happy with that! Even though the launched funding campaigns have been purely crowdfunding rounds, we are thrilled to actually receive extra support from some of the investors, who have chosen to get involved and help us generate product awareness, whenever they can.
I am recommending SeedBlink without hesitation, to every founder that raises capital, especially early-stage tech startups. SeedBlink is a crowd investment platform that will also provide their startup with visibility, for Angels and VCs.
Founder and CEO
In the early stages, we have been funded by several early (angel) investors, and one and a half year ago through an equity crowdfunding campaign on SeedBlink. Of course, this impacted our growth in many positive ways, partly due to the cash influx that, evidently, was sorely needed, but in a larger part due to the fact that our responsibility towards our shareholders has become more stringent and explicit, becoming embodied in our market approach.
Co-founder and CEO
Given the accelerated growth we observed at the end of last year and the beginning of 2021, we want a new capitalization, quickly. This is a bridge round that we will use for one year, and the advantages that SeedBlink offers are the speed at which we were able to list for financing and the experience that we gain as a result of this public listing, similar to a listing on the stock exchange.
Co-Founder & CEO
As a platform that only serves technology ventures, SeedBlink can connect the start-up with more than just money. SeedBlink investors are primarily technocrats who understand the objectives of the fundraising company and are also able to post-funding contribute with business opportunities. The minimum investment threshold, and technology focus, differentiates SeedBlink from other fundraising platforms. A perfect fit for a technology start-up seeking intelligent funding.
Co-Founder & CEO
SeedBlink boosted our brand exposure and facilitated the financial support we were seeking. Having a campaign on the platform allowed us not only to meet a team of professionals - that guided and helped us prepare the necessary materials - but also opened doors for increasing our brand awareness and have discussions with VCs & angel investors we have never reached before. This campaign gave us the encouragement we needed to push the product further, while the record-breaking fundraising (only 2 hours from the launch of the campaign!) was a great confirmation that our product is needed in this market and that we should continue innovating.
CEO & Co-founder
SeedBlink has created a vital ecosystem for startups at the beginning of their journey by equipping entrepreneurs with expertise, encouraging honest and sometimes uncomfortable but necessary discussions about risks and vulnerabilities through a suite of tools, and facilitating connections with investors who share the founders' vision and can contribute to their success. I have greatly appreciated the constant support of Eric and the entire team at all stages of the campaign. Thank you so much!
SeedBlink Crowd SA is registered in the Register of the Romanian Financial Supervisory Authority (ASF), under number PJR28FSFPR/400001, as of 03.11.2022 with an EU passport as per European Securities and Market Authority (ESMA) register of crowdfunding services providers.
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