When choosing SeedBlink as a syndication platform, we had these two things in mind: to resolve the need of the founders to raise more money and to allow business angels to be part of this financing round.

Marius Istrate
Chairman of the Board

The need for an efficient way to maximize angel capital.

TechAngels is the "meeting place" between early-stage technology startups and investors looking for investment opportunities. It is one of the first and largest angel investor networks in Eastern Europe.

TechAngels members were presented with the opportunity to invest in a promising early-stage startup that wanted to maximize its reach in raising money and to leverage investor relationships.

This was a request from the founders of the company - for TechAngels members to recommend a service that facilitates the fundraising process in a structured way, allowing the lead angel investor to take responsibility over the investment activity and the relationship with the startup afterwards.

And that would also allow the maximum amount of money to be raised from a group of business angels, not just from two or three or four super angels.

Marius Istrate
Chairman of the Board

SeedBlink syndicates set up & management service.

The requirements for the syndication solution spanned from the KYC/AML procedures to the flexibility of the legal structure and business model of the syndicate, and consideration of ongoing investor relationship management post-funding.

When choosing SeedBlink as a syndication platform, we had these two things in mind: to resolve the need of the founders to raise more money and to allow business angels to be part of this financing round, angels who otherwise might not have been able to place a substantial ticket enough to directly enter the cap table.

Building on that, we looked at the options available and what we really liked about SeedBlink is the fact that there was a possibility to negotiate how the costs are distributed between the startups and the investors, so we found flexibility there and we were able to discuss these terms.

Then, we looked at the way it handles the process: the Know Your customer (KYC) and Anti-Money Laundering (AML) processes which are mandatory. It's actually of great help that SeedBlink facilitates that, and the lead investor does not have to go through that bureaucratic process.

The flexibility it offers extends to more aspects. A syndication platform is not just a syndication platform actually, it's a place where you can centralize certain types of data about the company. It provides reminders in a timely manner. If some things are missing or some things are still needed. It's a great way to have an integrated view about what's going on with the raise and then with the activity of the company. Last but not least, it's an easy way to organize secondaries or exits.

Marius Istrate
Chairman of the Board

Services included

1. Fully flexible, tax-free Nominee infrastructure:
   
   • Ability to add investors to the syndicate later on (be it new investors or existing investors from the cap table)
   • Ability to follow-on
   • Ability to perform secondaries within the syndicate
2. One line in the cap table.
3. Investors onboarding, including investors’ KYC & AML checks.
4. Data room
5. Ongoing relationship management & customized reporting.
6. Lifetime syndicate management.