# Funderbeam Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/funderbeam-group

- Industry: Software
- Headquarters: London, UK
- Website: www.funderbeam.com
- Total disclosed funding: $10M
- Latest round: Series A (Jun 7, 2019)
- Investors on record: 10

## About

Funderbeam Group, based in the UK, develops and operates a financial marketplace facilitating investment trading, connecting investors with growth-stage companies across international markets.Founded in 2013 in London, UK, Funderbeam Group specializes in creating a marketplace for trading investment stakes. Led by founders Kaidi Ruusalepp, Urmas Peiker, and Villu Arak, the company has raised USD 40.00 mn in its most recent funding round on May 4, 2023, led by VentureWave Capital with participation from Draper Associates and Mistletoe. Funderbeam has successfully facilitated 12 deals to date.Funderbeam operates a comprehensive marketplace designed for trading investments and acquiring stakes in a diverse range of ambitious companies across international markets. The platform facilitates the listing of investment opportunities in various sectors, connecting investors with high-potential startups and growth-stage companies. Its core offerings include a structured marketplace for securities transactions, ensuring transparency and compliance through internal verification procedures. The service is available to a broad client base, including European Economic Area (EEA) clients via Venturebeam Markets AS in Tallinn, Estonia, and non-EEA clients through Venturebeam Markets Limited in London, UK. Funderbeam also engages with clients in Southeast Asia through Venturebeam Markets Pte. Ltd. in Singapore, thus expanding its operational reach.Funderbeam generated a revenue of USD 207,860.90 in 2023, with an EBITDA of USD -3,283,566.80. The company operates a fee-based structure, earning commissions on transactions conducted on its marketplace. Clients engage in investment activities involving stakes in listed companies, with all offerings complying with relevant regulatory standards prior to being made available for trading. Revenue comes from diverse transaction types, accommodating both institutional and individual investors, all while applying fees to support the operational framework of the marketplace.In May 2023, Funderbeam Group raised USD 40 mn in venture funding to scale its technology and shape the future of venture markets. The company plans to leverage this funding to enhance its platform capabilities and expand into new geographic regions, specifically targeting additional markets in Europe and Southeast Asia over the next few years.

## Funding rounds

- Series A, Jun 7, 2019, $7.3M — IQ Capital, Draper, Mistletoe, Draper Venture Network, Accelerated Digital Ventures, GK-Plug and Play Indonesia, Pandan Ventures
- Series A, Sep 26, 2016, $2.6M — 3TS Capital Partners, Thomson Reuters Corporation, IQ Capital, Draper
- Seed, May 22, 2015, $0.6M — Rockspring

## Investors

- Rockspring (https://capitalatlas.ai/funds/rockspring) — Seed
- 3TS Capital Partners (https://capitalatlas.ai/funds/3ts-capital-partners) — Series A
- Thomson Reuters Corporation — Series A
- IQ Capital (https://capitalatlas.ai/funds/iq-capital) — Series A
- Draper (https://capitalatlas.ai/funds/draper) — Series A
- Mistletoe (https://capitalatlas.ai/funds/mistletoe) — Series A
- Draper Venture Network (https://capitalatlas.ai/funds/draper-venture-network) — Series A
- Accelerated Digital Ventures (https://capitalatlas.ai/funds/accelerated-digital-ventures) — Series A
- GK-Plug and Play Indonesia — Series A
- Pandan Ventures (https://capitalatlas.ai/funds/pandan-ventures) — Series A