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
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!