Press room
YEPP Start-Up Valued At EUR 2.5 M
YEPP, the first social peer-to-peer sports betting app developed in Romania, wants to complete its seed round through SeedBlink, aiming for 250,000+ EUR from the crowd investing platform.
YEPP, the first social peer-to-peer sports betting app developed in Romania, wants to complete its seed round through SeedBlink, aiming for 250,000+ EUR from the crowd investing platform. The start-up has already secured a 300,000 EUR investment from Spyglass Management, a private investment firm based in Chicago (USA). The investment was completed on a pre-money valuation of EUR 2.5 million further underlining the competitive and business potential the start-up has.
YEPP aims to revolutionize sports entertainment by allowing sport fans to bet on any sport event, directly between each other, in a friendly, simplified, and digital environment. The start-up is Romanian-based, and the locally developed app was launched in 2021, following the founders’ initial investment of over 350,000 EUR.
YEPP’s mobile app is compatible with both Android and iOS devices and is already available in 10 languages in countries and territories across Europe, North America, and South America. The app allows users to place sports bets with their friends, to locate local sports bars, while also offering an overview of sports broadcasting channels. YEPP users can now benefit from a social and personalized fan engagement journey, that they’re in full control of.
“This investment is more than an important milestone for YEPP. It’s a steppingstone and show of trust in our vision – giving sport fans a tool to enjoy sports together with their friends. And we’ve only just started, with a lot of expansion plans in our sights! Through this seed round, we will be able to not only continue unlocking YEPP’s potential, but to launch YEPP in important international markets and start bringing the app in the hands of sport fans worldwide.” said Cosma Wolkonsky, CEO YEPP.
“YEPP has shown signs of fantastic potential and we’re excited to stand by them in unlocking this potential and opening new ways to entertain people, starting from fans’ passions and favourite sports. The team behind this disruptive product has also shown its dedication to innovating an industry as old as time, and we believe the time is right for YEPP. The peer-to-peer online social sports betting platform is a bold and innovative resource, that we believe has great potential for traction.” said Ted Cominos Advisor to Spyglass Management.
Expansion Plans
YEPP will focus to further grow its presence and operations in 9 key cities in Europe, including Berlin, London, Madrid, Milan, and Paris, as of January of 2022. With The Qatar World Cup 2022 in sight, YEPP’s 2022 expansion plans include major sports cities across the globe.
YEPP, the first social peer-to-peer sports betting app developed in Romania, aims to revolutionize sports entertainment by allowing fans to predict sports results among themselves, in a friendly, simplified, and digital environment. The start-up is Romania-based, being founded by Cosma Wolkonsky and Paul Radu, both with experience in business and sports. The locally developed app was launched in 2021, following the founders’ initial investment of over 350,000 EUR.
PublishedNovember 23, 2021
Share on
Be the first to know all about tech-trends, European growth, investments, and get exclusive access to all resources offered by our community!
Tudor Goicea
Co-founder of Aqurate
-
As a startup founder, I am happy to witness SeedBlink’s dedication to expanding their support for early-stage companies beyond funding, towards a healthy equity management via Nimity. A solution to help better navigate relations with stakeholders, employees and future investors is needed in Europe. Less admin work and bringing transparency to the cap table are immediate benefits I was able to test.
Delia Iliasa
Managing Partner
SanoPass
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.
Ioan Iacob
Founder
FLOWX.AI
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.
Dan Vidrașcu
CEO
VOXA
SeedBlink made the (investment) process run smoothly. We appreciate all the support SeedBlink's professional team has provided.
Tinu Bosinceanu
Founder and CEO
Upgrade Education
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.
Kimmo Rytkönen
Founder and CEO
Income
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.
Svilen Rangelov
Founder and CEO
Dronamics
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.
Mihai Darzan
Founder
Procesio
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.
Catalin Mester
Founder
Voxa
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.
Dragoș Iliescu
Founder and CEO
Brio
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.
Costin Tudor
Co-founder and CEO
Undelucram
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.
Diwaker Singh
Co-Founder & CEO
Crikle
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.
Florin Stoian
Co-Founder & CEO
Milluu
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.
Raluca Jianu
CEO & Co-founder
Epic Visits
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!
Join our newsletter
Your go-to source for European startup news, equity trends, VC insights, and investment opportunities.
© 2025 SeedBlink. All rights reserved.
