8.5 million euros for Fintech Crowddesk

Tom Schmidtgen Tom Schmidtgen | 31.05.2021

The investment flows as revenue-based financing. The start-up now wants to put the money into marketing and sales.

The Frankfurt-based fintech Crowddesk has received €8.5 million in a financing round. The new backer is the Austrian scale-up investor Round2. "We pay back a part of the financing with our sales, for this reason we dilute our shares less," co-founder Johannes Laub says to Finance Forward. The start-up is one of the first to get money via revenue-based financing. Investors do not receive shares in the company, but fixed shares in the turnover.

Crowddesk offers companies a platform for crowdfunding. The start-up has already raised €160 million from 250 customers. Crowddesk earns with a monthly fee and a small share of the money raised. The start-up wants to grow further, which is why the investment amount is to be spent on sales and marketing. 65 people work for Crowddesk in Frankfurt am Main.


Like it? Please spread the word:

Newsletter

Startups, stories and stats from the German startup ecosystem straight to your inbox. Subscribe with 2 clicks. Noice.

LinkedIn Connect

Take care, give care

Did this news inform or entertain you? Then we would be happy if you tell your network about it.

Share on Linkedin Share on Facebook Share on Xing

Related companies

Startup Frankfurt a. Main CrowdDesk Funding as a service - for start-ups with limited capital requirements, for companies that want to grow, for issuers with large capital requirements.

FYI: English edition available

Hello my friend, have you been stranded on the German edition of Startbase? At least your browser tells us, that you do not speak German - so maybe you would like to switch to the English edition instead?

Go to English edition

FYI: Deutsche Edition verfügbar

Hallo mein Freund, du befindest dich auf der Englischen Edition der Startbase und laut deinem Browser sprichst du eigentlich auch Deutsch. Magst du die Sprache wechseln?

Deutsche Edition öffnen

Similar posts