🇩🇰 Denmark

❓CFO-as-a-Service

🏭 Fintech, B2B, Enterprise SaaS

💸 $750k allocation of $5.5m seed round. $22mn pre-money valuation.

💰 Minimum ticket $5k.

🙋‍♂️ Round led by PROfounders Capital (investing $3m). PROfounders have backed four unicorns, and have a portfolio of 50+ companies. Co-investors: Clocktower Ventures, a specialist Fintech VC who have backed unicorns such as Jeeves, Flink, M1 Finance and Chime, are investing $500k.

The Co-Founders are also committing $500k and two super angels with 80 portfolio companies are joining the round.

🎯 Required to have all committed allocations by latest Wednesday 18th of May. There is a risk we will oversubscribe and the allocation will be filled earlier.

The founders are interested in having value add angels with large portfolios on board, since their portfolio companies are all potential customers for the business.

Syndicate Lead: CircleRock Capital - https://www.circlerockcapital.com

<aside> 💰 Express Interest in Investing

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Overview

Scaleup’s AI-powered finance platform manages all the different finance functions, from accounting and payroll, to bill payments and expense reimbursements, through a real-time dashboard backed by real finance experts. The platform takes care of the administrative hassle and provides companies with actionable business intelligence, allowing founders to focus on areas that add more value to their business.

Scaleup is led by a team of successful second time founders and have had incredible initial traction, reaching $1.6m ARR in less than one year. Based in Denmark, they are now raising funds to deliver their vision to become the "Salesforce" of Financial Management into the UK & Europe.

For more information, we recommend taking a look at the following materials:

<aside> 👉🏽 Finance Deck G2M Deck Full financials available on request.

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Why We Like This Opportunity

Proven Leadership Team: Co-founded by a team of a team of serial entrepreneurs, finance specialists and software developers with start-ups and scale-ups as their specialty, including CEO Alexander Wulff who co-founded and ran Abeo A/S for 11 years until their acquisition by IBF group - Denmark's biggest producer of concrete based products. That company’s awards included “Europe's best spin-out company" and the "World's Best Cleantech Start-Up". Their Head of Sales Andrew Whittaker led Trustpilot’s successful expansion into new markets such as Australia, India and Brazil as VP Revenue.