Funderbeam raised €500k in Seed round

What does Funderbeam do?

Funderbeam, is an Estonian intelligence service which helps angels and entrepreneurs discover, benchmark and analyze startup at a small cost. Soon the company is to launch the world’s syndication platform and aftermarket for startup investment, which are lubricated by data and secured by the blockchain.  The startup’s mission is to make it easy to invest and trade in startups online so that great teams and investors all over the world can create a world where good ideas win always.

How much Funderbeam was funded?

Funderbeam raised €500k in Seed round on May 28, 2015 from new investors who include UK based Rockspring, headed by David Gammon and Jaan Tallinn, the co-founder of Skype and a noted thinker on AI and current angel investors.

Previous funding

€20k in Seed on July 15, 2013 from the investor Kaidi Ruusalepp

€100k in Seed funding on October 15, 2013 from the investor Kei Aar

€500k in Seed funding on May 15, 2014 from the investors Kei Aar

What is next for Funderbeam?

With the latest round on funding, the total investments in the company amounts to €1.1 million in total funding. The company aim is to automate the creation of investment syndicates, bringing liquidity to investors by enabling an aftermarket, and cut bureaucratic friction in the process.

More about Funderbeam

Funderbeam was founded on June 15^th, 2013 by Mihkel Torim, Urmas Peiker, Villu Arak and Kaidi Ruusalepp. It has its headquarters in Tallinn, Harjumaa. This is a subscription service for finding, tracking and analyzing startups from prospects to competitors and portfolio companies. The company’s mission is making it easy in investing and trading in startups online so that great teams and investors everywhere can create a world where the good wins all the time. it aims in clearing 3 major hurdles which the angel investors face.