Estonia, Financial Services, Good for Business, Investments, Technology

On Funderbeam Markets investing takes place via syndicates bringing together investments from business angels and small investors, which will then place the money in a business in one transaction. It will also enable investors to buy and sell their holdings on the market.

Low liquidity of early stage startups has been an unsolved problem, Funderbeam said Kaidi Ruusalepp, manager and co-founder of Funderbeam, said the early stage growth segment could liven up significantly when the liquidity problem of this kind of investments is solved.

"Abundance of capital has radically altered the nature of stock markets," Ruusalepp said. "Instead of raising growth capital, float has become a gate of exit for early stage investors. Unfortunately, most people don't have access to early stage investments. Also, where capital has become global, conducting transactions across borders continues to be a headache. We decided to fix it."

Founded in June 2013 by Estonians Kaidi Ruusalepp, Urmas Peiker and Villu Arak, Funderbeam has raised 1.75 million euros from Estonian and British angel investors. Investors in the company include Skype co-founder Jaan Tallinn, as well as the British investment company Rockspring. In spring 2015, Funderbeam Data, a global data and analysis platform on early stage startups and their investors was launched.