Amsterdam-based WE.VESTR raises €2.2 Million
Amsterdam-based WE.VESTR, an organization that claims to avoid wasting founders’ money and time by way of an all-in-one fairness administration platform, introduced that it has raised €2.2M in a recent spherical of funding.
WE.VESTR says it would use the proceeds to develop options for extra shareholder transparency and to enhance monetary inclusivity from startup incorporation to exit.
WE.VESTR will even use the capital to increase in Europe and enter the Center East and APAC areas.
The funding comes from Amsterdam-based VC agency Venturerock, an early-stage enterprise builder empowering founders “who dare to alter methods”.
Based in 2020, WE.VESTR is an initiative launched by Floris van Hoogenhuyze, former CEO of Barqo, and Maarten Graven, ex-founder of Flamyngo, CityShare, and First Verify.
With a workforce of 20 staff, the corporate desires to assist founders spend much less time on paperwork round capitalization tables and focus extra on their enterprise.
The platform goals to make it simpler for founders and buyers to handle data on share distributions, authorized paperwork, and KPIs. Moreover, it additionally allows corporations to implement new compensation schemes with out involving a notary.
WE.VESTR’s aim is to make it easier for founders to present buyers high-quality reporting and to make portfolio administration for buyers easier, versus opening the manufacturing facility doorways to the general public.
The corporate can be targeted on enabling startups to supply staff with choices past easy salaries, enhancing their enchantment as employers.
With the introduction of their ESOP software, they’ve made some headway on this space, however they intend to do extra with their major trade.
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