This startup is an invite-only digital platform for local and global entrepreneurship. They have already a trusted global community of 7.000+ entrepreneurs. Its mission is to improve the impact and success of entrepreneurs everywhere. The team has developed, validated and launched their platform to connect and support all entrepreneurship initiatives: entrepreneurs, incubators, accelerators, co-working spaces, universities, investors, corporate innovation, service providers, etc. Their platform provides the digital macro infrastructure for the rapidly growing entrepreneurship market, so entrepreneurs and their businesses can focus on operations and growth. This leads to more synergies instead of duplicated efforts, and a global network. |
Business Model:
This is a SaaS business, where individuals and businesses can pay monthly or annually for premium features. |
Customer type / profile:
B2B & B2C
Preferable investor type:
Angel investor; Venture Capitalist; Private Equity
USP’s:
This startup has created 3 synergistic USPs: 1) Invite-only = higher trust and relevance of all members. 2) Tool Aggregation & Integration = All tools in one place for focus and productivity. 3) Network of Networks = The ability to set up and manage private communities while also being connected to a global entrepreneurship ecosystem. Private communities can be for example Internal (remote/hybrid) team management, Accelerators/Incubators, Business Clubs, Universities, Forums, VCs, Student Associations, NGOs and more |
Capital amount needed:
€500.000,- (minimum tickets of €100.000) |
Investment need:
– Marketing, Sales & Executive Team = 40%. – Tech Team = 20%. – Marketing = 15%. – Administration & Professional Services = 15%. – Reserve = 10%. |
Sector:
Impact; Platform
Phase:
Early Growth
Number of founders:
2
Current number of employees:
6-10
Experience:
The founders have 25+ years of management experience combined and have set up successful companies prior to this business. |
Monthly turnover (current):
€6.000,- |
Turnover (forecast) next 12 months:
€400.000,- |
Turnover (forecast) months 13 – 24:
€4.000.000,-
Current monthly expenses:
€13.000,-
Committed funding in the current financing round:
At this moment they are in discussion with several investors. |
Additional / relevant information:
Founded in 2015 in Geneva, Switzerland. Founders have invested €250.000,- and have secured an additional €600.000,- from angel investors. |