Romanian equity crowdfunding platform SeedBlink will launch secondary market

Romanian-based SeedBlink, a European investment platform for technology startups, is working to create a secondary market where investors can trade their assets with each other.

In the meantime, SeedBlink is launching an annual membership SeedBlink Club, which allows its members to diversify their portfolio with venture capital-led opportunities starting at EUR 1,000, compared to EUR 2,500 for the current value of the minimum ticket. The subscription to the SeedBlink Club also includes benefits such as access to industry experts, exclusive private events, and the ability to pre-evaluate proposed startups and invest in private rounds through syndication

“We have investors with large portfolios to whom we offer additional support services, networking, and priority access. The club is a natural extension, in which we want to bring the same benefits to those who are just starting in building and diversifying their portfolio and learning from experienced investors,” said Adriana Iordan, Chief Product, and Marketing at SeedBlink.

SeedBlink is also preparing to launch a secondary market where investors can trade their assets, thus increasing the liquidity of their portfolio investments. The new secondary market product will be launched this semester. Several iterations have already been tested and used by investors in companies with new rounds of investment.

“The partial exit at KFactory went as I expected. The company had a new round of financing at a new price. Some of the initial investors wanted to continue investing in the new valuation, and another part, including me, wanted to sell. SeedBlink shared the intents of the demand with the offer: helping us to fairly determine the number of shares that each seller could sell considering the offer, prepared the documents for signing, and communicated with all parties involved until the actual completion of the transaction. Finally, after a year and a half, I recovered the investment in exchange for about a third of the shares. I still own two-thirds of the shares originally purchased,” said Daniel Cîrstoaia, an investor on the SeedBlink platform.

This secondary market will contain the tools and infrastructure that will allow investors to change their assets safely.

SeedBlink has also launched several improvements to its investment platform and website, the most important being in the "My Portfolio" section. This section will include follow-on information for investments and external information through which investors will be able to see important details for their assets.

SeedBlink is a platform specialized exclusively in European tech start-ups, from the pre-seed stage to the B Series. It has attracted 10,000 investors from 50 countries so far and has helped 60 startups to raise financing worth EUR 45 mln so far. The platform was launched in early 2020 by former Banca Transilvania executives Andrei Dudoiu and Ionut Patrahau. In March 2022, SeedBlink opened a branch in Bulgaria, its first step outside Romania.