At a Glance
Leapfunder has developed an online angel investment club to help startups raise funding from angels across different countries. Leapfunder only builds angel syndicates with 10-20 investors, based on market standard legal contracts. Leapfunder is the market leader in Germany and the Netherlands.
Traction and Ask
With ca. 200 investment rounds and 1500+ active angel investors so far, Leapfunder grew its live deals by 2x in 2022. Leapfunder is now looking to raise €150k funding via a convertible with a cap of €9,5M. Leapfunder is especially needing investors with a strong local network in Nordic and/ or Switzerland. The investment is needed to:
- Establish regulatory clearance in Sweden, and later Denmark and Switzerland;
- Strengthen online networking functionality to support cross-border contacts;
- Support local marketing activities to expand the feeling of local presence.
Market, Business Model, Financials and Team
A leader in the rapidly growing European angel investment market, Leapfunder was founded in 2014 in Amsterdam, the Netherlands. Leapfunder is monetizing mainly through cash success fees and share options given by the startups that use its fundraising services. Its current portfolio of startup shares is estimated to be worth between €1-2M, and growing rapidly. Leapfunder’s team of 8 employees and 100+ active shareholding angel investors, combines decades of commercial investment and technology expertise.
Competitive Advantage
Key USPs versus the traditional angel investment process, that uses handmade contracts via a lawyer: Leapfunder offers easy international syndication, while contracts and full financial closing can be completed in minutes, with access to dealflow from across Europe. Key USPs versus crowdfunding: Leapfunder uses fully professional standard legal contracts only, and Leapfunder angels are traditional value added investors.
Round Details
We aim to close this funding round by 30 April 2023, with a lot of the round already committed. €5k is the minimum investment ticket size.
Leapfunder has previously raised €1,5M in private capital from angels in Germany and the Netherlands to develop its full functionality there. This funding round is for further geographic expansion.
Get in Touch
Tienko Rasker and the other founders are speaking with potential investors over the next few weeks and are keen to pitch, demo and open up their traction and financial plans in detail.
Get in touch with us to find out more.