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Cap Table Management in Funding Rounds
A healthy cap table is essential to ensure the company’s investability going forward. In this article, we look into a healthy cap table and how to take the cap table into account in future funding rounds. Why is cap table management critical? As investors like to maximize the return on their investment, trying to minimize the valuation is quite common. However, the investors should not be too greedy: Getting greedy in acquiring a stake is not necessarily beneficial to the investor. By taking too much equity, the investor may mess up the cap table so that the founders and key
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In Spotlight: Boksi
Boksi is a company bridging the brands and the creator economy. They offer a platform where creators and brands realize their creative potential, making influencer marketing and content sourcing simple. Boksi was founded in 2018 by Lasse Laaksonen, Linus Lindgård, Dan Lindholm, and Tomer Atzmon. The company offers a curated network of global content creators who create on-demand photo and video content for brands. Algorithms match content creators with the brands they fit best. In addition, the platform analyses posts of micro-influencers on Instagram and maps the behavior and preferences of their followers. Boksi for Brands For brands, Boksi offers
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What is a Good CLTV to CAC Ratio?
As a startup founder, growing your customer base cost-effectively is essential. One way to measure the efficiency of your customer acquisition efforts is by looking at the ratio of your customer lifetime value (CLTV) to your customer acquisition cost (CAC). In this blog, we will define CAC and CLTV and provide a general benchmark for a startup’s good CLTV to CAC ratio. We will also discuss the factors that can impact this ratio and provide tips for ensuring that your CLTV to CAC ratio is healthy. Understanding the CLTV to CAC ratio can help you make informed decisions about your
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RangeForce Raised $20 Million Series B to Boost Its Human Cyber Readiness Platform
Our Fund I portfolio company RangeForce announced the completion of $20 million in financing encompassing a Series B round. This funding will be used to fuel the expansion of the RangeForce human cyber readiness platform. Energy Impact Partners and Paladin Capital Group led the latest round and were joined by KPN Ventures, Lapa Capital Partners, and Lanx Capital, with participation from Cisco Investments. This funding supports our vision to equip the diverse modern workforce with comprehensive cybersecurity upskilling solutions that enable organizations of all sizes to defend against cyber-attacks. Our mission is urgent in light of the global shortage of
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What is net revenue retention, why is it important for startups, and how to improve it?
Net revenue retention is a financial metric that measures the amount of revenue a company can retain over a given period. It is an essential indicator of a company’s growth and it’s sustainability and acts as a benchmark for determining its value and attracting additional funding. In this blog post, we take net revenue retention, how it is calculated, why it is essential for venture capital-backed startups, and what the founders can do to improve it. About net revenue retention Net revenue retention is a financial metric measuring the revenue a company can retain over a given period. It is
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Trind Invests in SACLÀB
Trind Ventures invests in SACLÀB, the online marketplace for pre-loved luxury designer bags, as the company raised 1.6 million euros from Trind Ventures and G-Fund. With the funds, the company seeks to tenfold its turnover. We continue our consumer investments from our second fund with an investment into SACLÁB. In this post, we talk more about this designer handbag resale startup, the journey of its founders, Alexandra and Jan-Oliver, and the investment itself. Investments are highly competitive – especially in e-commerce, following post-pandemic declines in online sales. The exception: the fashion resale market is booming and has nearly tripled since 2020, showing
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Chatchamp Merges with trbo
Trind Ventures Fund I saw its second exit when the personalization platform trbo acquired guided selling provider Chatchamp. Online users have high expectations of the browsing and shopping experience; they expect content and offers individually tailored to their needs. To expand its existing product portfolio by providing a perfect guided selling module, the personalization platform trbo has combined forces with its long-standing partner Chatchamp. In the future, Chatchamp and trbo will jointly align their strategic product development with growing even closer together and offering their customers more options to create a perfect onsite user experience. The two solutions will also
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In the Spotlight: Ready Player Me
Ready Player Me is a cross-game avatar platform for the builders, creators, and residents of the metaverse. Today, Ready Player Me is used by over 6,500 developers worldwide, and in autumn 2022, the company raised a $56 million Series B round led by Andreessen Horowitz. But what has been the company’s journey to becoming the leading avatar platform? From hardware to the metaverse Ready Player Me was founded in 2014 by Timmo Tõke, Rainer Selvet, Kaspar Tiri, and Haver Järveoja. The company, also known as Wolf 3D, started in 3D scanning, first as a studio and later with its proprietary
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Trind Invests in Webel, the App that Brings Any Service to Your Doorstep
We are happy to announce our fourth investment by Fund II and the second investment into Spain: Webel. Webel is an app that brings any service to your doorstep. So far, everything is being brought to our homes: food, consumer goods… However, services (e.g., beauty) have not followed this path… yet. This is what Webel’s team found; since then, they have been building a marketplace that allows users to easily search, book and enjoy almost any service in the comfort of their homes. Webel was founded by Nacho, Carlos, Guillermo & Javier while at university. They suddenly realized that its
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What is product-led growth?
One component we look for in the companies we invest in is product-led growth. But what is product-led growth, and why are we targeting those companies? In this blog post, we will answer these questions. What is product-led growth? Product-led growth is a business model and go-to-market strategy in which a company’s product is the primary driver of customer acquisition, expansion, and retention. This approach is particularly relevant for startups looking to scale quickly and effectively, as it allows for sustainable and predictable growth without the need for heavy sales and marketing efforts. The traditional sales-led model focuses on acquiring
