Invesdor

Invesdor
Web address www.invesdor.com
Commercial? Yes
Type of site
Crowdfunding
Launched May 2012

Invesdor is an equity-based crowdfunding platform based in Helsinki, Finland. The company was founded in May 2012.[1] Invesdor has been reported as being the first equity-based crowdfunding service in Northern Europe.[2] It operates as a matching service between investors and companies.

Since its founding,10.3 million euros have been invested in growth companies via Invesdor.[3][4] So far 50 out of the listed 116 companies have successfully raised funding[5][6] giving success rate of 43%. The average pre-money valuation is 2.5M euros offering on average from 9% to 17% of equity. There is an average of 170 investors per round, investing on average 2,100 euros each. There are also a lot of angel investments in the amounts of 40,000/50,000 euros.[7]

History

Invesdor was launched in May 2012, by Lasse Mäkelä (currently the CEO of the company), Miikka Poutiainen, Petteri Poutiainen, Timo Lappi, Jouni Leskinen and Lare Lekman.[8]

In April and May 2013, it was announced that two Finnish wealth management companies had invested in Invesdor: Taaleritehdas[9][10] and Alexandria (wealth management company).[11]

In August 2013 Invesdor took part in a 2-day pitching event in Kuusisaari, Oulu, as one of the providers of top quality investors in Europe.[12][13]

In November 2013 Invesdor was an organizing partner in the event PitchHelsinki, held in Helsinki City Hall. Invesdor ran the first live crowdfunding event during PitchHelsinki,[14] allowing the startups to be posted on the website in order to be crowdfunded from the investors attending the event and from those all around the world. At the end of the event, in just 16 hours, one (PlayMySong) of the four startups presented by Invesdor successfully closed its round with 25,000 euros (125% of the minimum target) raised from 35 investors.[15][16]

In January 2014 Invesdor and Privanet, a Finnish company focusing on trading of unlisted shares, set up a partnership to offer a secondary market for crowdfunded offerings. The trading of the shares will start in spring 2014 and the partnership will allow both Finnish and international investors to sell and buy crowdfunded shares in a secondary market, in order to have an easy exit from their investments.[17][18]

In March 2014, Invesdor and other Nordic companies in the crowdfunding field (Booomerang, Mesenaatti, Karolina Fund and bidra.no) launched the Nordic Crowdfunding Alliance in cooperation with the School of Business and Law of the University of Agder.[19] The aim of the alliance is to help young entrepreneurs in the Nordic region to raise money for their ideas, matching them with possible investors.[20]

In April 2014 Invesdor was chosen by Red Herring (magazine) as one of the 100 most promising companies and entrepreneurs in Europe for the year 2014.[21] Invesdor is the only crowdfunding platform listed by Red Herring for the year 2014.

In June 2014, Invesdor successfully closed a crowdfunding round through its own platform raising a total of 290,871 euros from 135 investors from 13 different countries. This round was opened in hidden mode, only allowing the people who have already invested through the platform to invest in it. Invesdor received 121 new shareholders as a result of the round.[22][23]

In April 2015 Invesdor became the first fully licensed (MiFID) equity crowdfunding platform in Europe. Invesdor's license is fully passportable across the EEA.

Operation model

Invesdor focuses on equity crowdfunding for startups and growth companies. Finnish, Swedish, Danish and UK companies can raise up to 2.5 million euros through Invesdor, while investments can come from anywhere in the world. The minimum for each investment is 20 euros.[24][25]

The service follows the “All-or-Nothing” model, in which pledged funds are only collected from the investors if the minimum goal set by the company being funded is reached by the end of the crowdfunding campaign.

The company seeks to position their service as a low-threshold option by having a low minimum investment and a general scarcity of paperwork during the process.[26]

Regulation

The Finnish legislation surrounding donations- and reward-based crowdfunding differs from that of most of Europe, which makes donation-based crowdfunding impossible and complicates reward-based crowdfunding in Finland.[27] However, these issues don’t apply to equity-based crowdfunding, as the legislation around it is more similar to that of the rest of Europe.[28]

Successful projects

CurrentlyTemplate:Jan 2016 Invesdor counts 51 successful projects out of 116 presented rounds with 10.6 million euros raised:[29][30]

See also

References

  1. "Arctic Startup".
  2. "Crowdfunding service Invesdor expands into Sweden".
  3. "Cross-Border Crowdfunding The Nordic Way".
  4. "Invesdor".
  5. "Invesdor".
  6. "Cross-Border Crowdfunding The Nordic Way".
  7. "Invesdor To Take On The Growing Crowdfunding Market".
  8. "Invesdor".
  9. "Taaleritehdas sijoitti joukkorahoituspalvelu Invesdoriin".
  10. "Finnair".
  11. "Alexandria sijoitti joukkorahoituspalveluun".
  12. "Pitchfest Oulu 2013".
  13. "August Nordic Equity Crowdfunding Overview by Invesdor and FundedByMe".
  14. "Live crowdfunding tested out in Finland".
  15. "PitchHelsinki".
  16. "Makers of the future".
  17. "Invesdor Launches Secondary Market for Crowdfunded Investments".
  18. "Invesdor Goes For Secondary Markets".
  19. "Nordic Crowdfunding Alliance launched".
  20. "Cross-Border Crowdfunding The Nordic Way".
  21. "2014 Red Herring Europe Top 100 Winners".
  22. "Crowdfunding service Invesdor raised a hefty funding from its customers".
  23. "International Equity Crowdfunding Site Invesdor Raises €290,871 for Own Platform".
  24. "Nordic Equity Crowdfunding".
  25. "Crowdfunding Roundup: Invesdor Launches In Swedish Markets".
  26. "Arctic Startup".
  27. "Legal Challenges Related to Crowdfunding, Volume 1".
  28. "Legal Challenges Related to Crowdfunding, Volume 2".
  29. "Cross-Border Crowdfunding The Nordic Way".
  30. "Invesdor".
  31. "Climb Walls, Drink Beer And Travel On Monorails Thanks To Crowdfunding".
  32. "Climb Walls, Drink Beer And Travel On Monorails Thanks To Crowdfunding".
  33. "Equity Crowdfunding Companies To Invest Into During Summer".
  34. "What Europeans can teach Americans about crowdfunding".
  35. "Invesdor To Take On The Growing Crowdfunding Market".
  36. "Accessories company receives major funding to take on America".
  37. "Equity Crowdfunding Companies To Invest Into During Summer".
  38. "iResponse closes its offering due to oversubscription".
  39. "Makers of the future".
  40. "Iron Sky Film Seeks Investors on Invesdor".
  41. "Iron Sky campaign surpasses target".
  42. "Die Mond-Nazis schlagen zurück".
  43. "'Iron Sky' Producers Sell Company Equity Via Crowdfunding".
  44. "HIFK - Invesdor".
  45. "Bittiraha - Invesdor".
  46. "Cityvarasto Self-Storage Locks in 673% Overfunding: 673K+ € Raised on Invesdor".

External links

This article is issued from Wikipedia - version of the Thursday, January 28, 2016. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.