Amsterdam-based WE.VESTR, a company that claims to save founders’ time and money through an all-in-one equity management platform, announced that it has raised €2.2M in a fresh round of funding.
WE.VESTR says it will use the proceeds to develop solutions for more shareholder transparency and to improve financial inclusivity from startup incorporation to exit.
WE.VESTR will also use the capital to expand in Europe and enter the Middle East and APAC regions.
The investment comes from Amsterdam-based VC firm Venturerock, an early-stage venture builder empowering founders “who dare to change systems”.
Founded 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 Check.
With a team of 20 employees, the company wants to help founders spend less time on paperwork around capitalization tables and focus more on their business.
The platform aims to make it easier for founders and investors to manage information on share distributions, legal documents, and KPIs. Additionally, it also enables companies to implement new compensation schemes without involving a notary.
WE.VESTR’s goal is to make it simpler for founders to give investors high-quality reporting and to make portfolio management for investors simpler, as opposed to opening the factory doors to the public.
The company is also focused on enabling startups to provide employees with options beyond simple salaries, enhancing their appeal as employers.
With the introduction of their ESOP tool, they have made some headway in this area, but they intend to do more with their primary exchange.
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