Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you are unlikely to be protected if something goes wrong. Take 2 mins to learn more

The Funderbeam Blog

Articles, interviews, case studies announcements and more.
Welcome to The Funderbeam Blog.

news
April 29, 2021

Press release: Funderbeam partners with Startup Wise Guys to bring startups to secondary marketplace

by Brigitta Arutjunjan

Global funding and trading platform Funderbeam and Europe’s top B2B startup accelerator Startup Wise Guys (SWG) partnered to enable liquidity for the portfolio companies of SWG. All present and future portfolio companies are enabled to raise funds and trade on the Funderbeam marketplace connecting investors from 129 countries.  

Funderbeam’s growth is fueled by a recent $4M funding addition led by Tim Draper, the early investor in Baidu, Hotmail, Skype, and Tesla. The aim of the funding round was to boost Funderbeam’s partnership based growth strategy. 

Funderbeam’s founder Kaidi Ruusalepp is delighted to add institutional partners to the growth model. “It takes years to build a truly modern secondary marketplace connecting global investors and traders with investment opportunities to private companies. One has to construct the product with digital infrastructure, secure legal framework and licenses, and business departments supporting the global reach. The hard work is done, and we are proud to secure the first global partnership with Startup Wise Guys, the pioneering B2B accelerator in the region,” said Ruusalepp. 

“A vibrant, liquid secondary market was one of the missing ingredients in New Europe’s startup ecosystem. Our partnership with Funderbeam is an excellent opportunity for our current and future portfolio founders to access liquidity on their entrepreneurial journey,” added Herty Tammo, Co-founder of Startup Wise Guys.

“This also opens new possibilities for Startup Wise Guys itself, enabling us to list shares and supporting us in the management of syndicates. We see Funderbeam leading in Europe and Asia in an area which $6.9bn valued CartaX is pioneering in the US,” he continued.

Funderbeam has been built diligently with a product centred approach as the trading solution for private companies is not for everyone to build, but for many to benefit from. Funderbeam now expands its secondary marketplace by introducing links and partnerships with institutional investors, including brokers, and institutions serving private companies with a need for a well-functioning secondary market. Startup Wise Guys is a perfect partner to kick off the partnerships approach.

With more than 220 investments in early stage startups, Startup Wise Guys is one of the most active investors in Europe. To help techy startup founders become true entrepreneurs, they have been running a world class startup accelerator since 2012. They focus on acceleration programs for B2B SaaS, fintech, cybersecurity and sustainability early stage startups, as well as follow-on investments in accelerated startups. The Startup Wise Guys portfolio has already seen two major exits and overall startup survival and success rate is above 77%.

Funderbeam serves investors from 129 countries and companies from Europe and Asia. Funderbeam Marketplace offers live and direct auto-match trading, allowing buyers and sellers to interact 24/7, 365 days a year. Trade settlement is revolutionised with a T+10 minutes cycle offered uninterruptedly. The Funderbeam Venture Index that reflects assets listed on the marketplace has grown from 1,300 points to 2,600 points or 100% in the last six months. Marketplace trading volumes have been growing 10 times since October 2020. The market cap of Funderbeam marketplace is approximately €700M. The company has investment firm licenses from the UK, Estonia (EEA) and Singapore; Singapore is additionally the home for its trading licences. 

Funderbeam was founded in 2013 and is led by Kaidi Ruusalepp, a former CEO of Nasdaq Tallinn Stock Exchange and Central Securities Depository. Funderbeam has offices in London, Singapore, Copenhagen, Tallinn and Zagreb.

Contact for media:

Kaidi Ruusalepp

Founder and CEO at Funderbeam

+372 528 6351

kaidi.ruusalepp@funderbeam.com

Read Next
  • 20 January

    Investment Opportunity - Lendino 2

    Smallbrooks is a crowdfunding software solution developed by Lendino A/S that enables any organisation to launch its own crowdfunding or investment pl

    Read more
  • 27 May

    Funderbeam launch in Lithuania

    What a fabulous Funderbeam Lithuania launch event/ Startup Fair afterparty we had on May 26th in Vilnius. We were delighted to partner with Startup Lithuania in

    Read more
  • 18 November

    New Investment Opportunity - Ruex

    RUEX is building a network of charging stations for electric vehicles in the Baltics and Scandinavia. An Introduction to Ruex RUEX is an energy company based in

    Read more
The information about the investment opportunities profiled on this website is provided for general information and marketing purposes only and should not be considered an invitation or inducement to engage in any investment activity. Complete and comprehensive information about an investment opportunity is only available only to investors who have been approved by a Funderbeam group entity.

You should ensure you carefully read the Risk Disclosure Statement before deciding to proceed with any investment or transaction, including making a purchase of securities via the Marketplace. Funderbeam has taken steps to ensure that company and securities offering information is clear, fair and not misleading in accordance with its internal verification procedures. Funderbeam does not provide investment advice or any recommendation to invest. Any investment opportunity on this website should not be considered as an offer to the public and is not directed at or offered to anyone to whom it may not be so directed or offered, or located in a jurisdiction where it is unlawful to do so.

It is important to note that funds are raised, investments are made and trade orders are placed through three investment firm service provider entities: Venturebeam Markets AS (VBAS) (authorised and regulated by the Estonian Financial Supervision Authority under permit 4.1-1/212), Venturebeam Markets Limited (VML (authorised and regulated by the UK Financial Conduct Authority under FRN 794918), and Venturebeam Markets Pte. Ltd., (VB Pte) (licensed and regulated by the Monetary Authority of Singapore under Capital Markets Services (CMS) license CMS100863). VBAS and VML are MIFID investment firms.

This page provides you with an overview of the services provided by different entities belonging to Funderbeam group. In the pages of this website, platform, and documents located on these pages (save to where referred otherwise), we generally refer to the group, which includes group of entities being direct or indirect subsidiaries of Funderbeam Ltd, including VBAS, VML, and VB Pte, as “Funderbeam”, “we”, “us” or “our”.

A Funderbeam client (whether investor or company) is a client of the service provider and under the protection of the requirements of the regulator under which that service provider operates: An EEA client’s service provider is VBAS, a UK/ non-EEA/ non-Singapore client’s service provider is VML, and a Singapore client’s service provider is VB Pte.

The applicable Funderbeam service provider has, prior to the offering of the investment offer on its Platform, verified from public registries in reasonable levels of due diligence, notwithstanding the due diligence which is also performed by the Lead Investor where applicable, which will cover at the minimum: a. that the project owner has no criminal record in respect of infringements of national rules in fields of commercial law, insolvency law, financial services law, anti-money laundering law, fraud law or professional liability obligations in all jurisdictions where practicable for such checks to be conducted; b. that the project owner is not established in a non-cooperative jurisdiction, or in a high-risk third country as set out by the Financial Action Task Force (“FATF”), and/or other government directives in jurisdictions where Venturebeam is operating.

The Marketplace is operated as an organised market by VB Pte., in Singapore as a Recognised Market Operator (RMO) under the supervision of the Monetary Authority of Singapore. VBAS and VML are Trading Members of the RMO’s Marketplace. Access to the Marketplace for EEA and non-EEA clients is only provided by and through such clients’ service provider (ie VBAS or VML). The Marketplace does not provide services directly to investors outside Singapore.

With respect to any securities or investments offered by a US domiciled Fundraising Company, by visiting this site you confirm you are not a US resident or US person (as defined in Regulation S of the U.S. Securities Act of 1933) and you understand and agree that you are not acquiring any Investments for the account or benefit of any such US resident or US person. No investment opportunity in a US domiciled Fundraising Company is directed at US persons.