Case Study: TechAngels drives syndicated angel investment with SeedBlink

TechAngels drives a €330,000 syndicate deal with SeedBlink

TechAngels, one of the largest angel investor networks in Eastern Europe, needed an efficient syndication solution to help a portfolio startup raise more capital. Their challenge was to facilitate a structured fundraising process that allowed a lead investor to manage the activity while maximizing investment from a broad group of angels, not just a few large ones. They chose SeedBlink and its Syndicates product to resolve this.

SeedBlink provided a flexible syndicate management service that handled crucial KYC/AML procedures and offered a negotiable cost structure. The platform centralized data, provided reminders, and simplified ongoing relationship management and secondary transactions. As a result, the startup was able to successfully syndicate €330,000 from its angel network through TechAngels using SeedBlink, achieving its goal with just one line on the cap table.

TechAngels