-
Trind invests in Scorestars, the basketball fan engagement platform
Scorestars, the basketball fan engagement platform, today announces that it has raised €725K in a Seed round led by Trind VC, Startup Wise Guys, 3 Comma Capital, and Estonian angel investors. The Estonian company has signed multi-year partnership agreements with the Turkish, Israeli, Lithuanian, and Basketball Champions League. With the first investment, Scorestars will invest in marketing campaigns and acquire new talent to become the second screen for sports fans. The company has built a platform where fans can collect their favorite athletes’ digital cards and play a fantasy game. The game has weekly, monthly, and seasonal prizes from VIP
-
What is a Cohort Analysis?
When evaluating startups, we review customer acquisition, behavior, and retention. For this purpose, we often ask to see a cohort analysis. In this blog post, we dive a little deeper into what is a cohort analysis, what it tells, how to build one, and what should be taken into account when using it. What is a Cohort Analysis Cohort analysis is a powerful tool for understanding customer behavior over time. It helps businesses identify trends and patterns in customer engagement and retention, which can be used to make informed decisions about marketing, product development, and customer support. How Cohort Analysis
-
In Spotlight: Webel
Webel is a Madrid-based startup that operates an on-demand home services marketplace. Webel’s mission is to provide a platform where clients can search, book, compare, pay, and review home services such as cleaning, nannies, and tutors. In this blog post, we will delve into the story of Webel, its unique business model, and its funding rounds. We will also explore how the company has disrupted the traditional home services industry and what the future holds for this innovative startup. Webel was founded in 2018 by Carlos Estévez Rincón, Guillermo Mateo, and Nacho Tejero Mancho. Their mission is to provide a
-
Fractory Raised 5 Million Euros
Fractory, our portfolio company focused on manufacturing, raised 4.8 million euros with the help of strategic investors. The additional capital is used for expansion in existing markets, mainly in the United Kingdom and Scandinavia. The main focus is on increasing the offered production capacity and volume in order to strengthen existing customer relationships and increase the value proposition to the growing customer base. Fractory started in 2017 on the Estonian market and has at least doubled its turnover year after year, and in many ways through large customers. This year we received our first order, which was over 2 million
-
What is an Investment Agreement?
In the final part of our investment documents blog series, we will dive into the investment agreement. Whereas the term sheet is the starting point, the investment agreement is sort of the final step. The investment agreement is the document that sets out the investment details. It includes the actions required to close the investment and the structure of the investment itself. Besides, the investment agreement typically consists of the representations and warranties of the company and the existing shareholders. Once the investment agreement has been approved, everything is set for the investment. Investment Requirements for the Investment The investor
-
Trind Invests in Wudpecker, a Finnish Startup Tackling Organizational Knowledge Fragmentation
Trind led the €330 000 pre-seed investment round of Wudpecker, a groundbreaking AI-driven knowledge management startup. Accelerace and Sofokus Ventures joined us in the round. Resolving the Information Scourge in the Digital Workspace Wudpecker has boldly entered the arena with an AI tool designed to empower professionals to seamlessly extract critical answers from a plethora of data – notes, files, emails, and online meetings, using simple, intuitive prompts. The problem of information fragmentation and knowledge loss is a poignant issue in the digital era. A study by IDC illustrated that employees burn approximately 2.5 hours per day scavenging for information.
-
Trind invests in Your.Rentals
Your.Rentals announces the successful closing of an investment from Trind Ventures. Combined with the successful Seedrs raise, Your.Rentals has secured €2.7 million in growth finance this year. Your.Rentals is a trusted platform for short-term rental owners and property managers worldwide. Your.Rentals simplifies the process of managing short-term rentals, providing owners and property managers with increased visibility, control, and revenue. With a global presence and a dedicated team, Your.Rentals is redefining the short-term rental industry. We are extremely excited to partner with Trind Ventures. Their expertise and track record in scaling disruptive technology companies make them the perfect partner to help us take our business to the next level.
-
Boksi Successfully Concludes 7M Series A Funding Round
Leading influencer marketing and content creation platform, Boksi.com, is pleased to announce the successful completion of its €7 million Series A funding round. The round was conducted in two closings, with the first closing taking place in late 2022 and the final closing recently. The funding round was led by pan-European technology investor 3TS Capital Partners in collaboration with Nexit Ventures. Existing investors, including Trind Ventures, Aikainen Ventures, Business Finland and several respected angel investors, demonstrated continued confidence in Boksi’s growth trajectory by participating in the round. Investors were drawn to Boksi’s innovative solutions that have been reshaping the influencer
-
In Spotlight: RoyaltyRange
In this blog, we put the spotlight on RoyaltyRange, a leading provider of transfer pricing and IP valuation solutions. About RoyaltyRange RoyaltyRange is a leading provider of transfer pricing and IP valuation solutions. The company offers a comprehensive database of royalty rates, company financials, and other relevant data, as well as a variety of tools and resources to help businesses analyze their data and develop sound transfer pricing and IP valuation strategies. RoyaltyRange is well-positioned for continued growth in the years to come and is a valuable resource for businesses of all sizes. RoyaltyRange was founded in 2017 by a
-
Trind invests in services marketplace Webel
Webel, the app that brings any service to your doorstep, raises €2.1M led by Trind Ventures. Everything is being brought to our homes: food, consumer goods… even flowers. However, services (e.g., beauty) have not followed this path… yet. This is what Webel’s team found, and since then, they have been working on building a marketplace that would allow users to easily search, book, and enjoy almost any service in the comfort of their homes. And it’s definitely working: they have been growing 10x yearly for two consecutive years already, currently delivering over 100,000 services per year. Thanks to this impressive
