Syndicates
Syndicated investments make it easier for investors to manage risk and acquire a more diversified portfolio. Syndicates are also an excellent way for startups aiming to acquire larger investments.
EstBAN Syndicates
Since early 2018 EstBAN has been putting together syndicated investments into early stage companies. Syndicate refers to a co-investment by several investors, represented by one person – a so-called lead investor.
Read more about the role of a Lead Investor
Since 2018 there are 13 unique companies in EstBAN Syndicate Portfolio. Sum invested with several rounds into those companies already exceeds 3M€. Read more about the EstBAN Syndicate portfolio companies below.
Grab2GO develops Fully Autonomous Store Technology – Modular point of sale hardware with a cloud software platform. Grab2Go’s main product is an #autonomous store technology based on #artificialintelligence. The solution will allow future analysis of consumer behaviour of the clients, and help the shops organise #sales, #logistics and #administration more efficiently.
Nanordica Medical is developing advanced antibacterial wound care products to avoid infection-related amputations.
VSight UAB is a technology provider company that develops and markets the leading Augmented Reality Remote Assistance software platform, “VSight Remote” for enterprises. VSight has already developed the concept of Augmented Reality-based Remote Assistance further, by enriching this complete collaboration and knowledge-sharing platform with effective AR tools and file-sharing features such as a 3D object, PDF, or image.
EnderTuring is a platform that collects all calls/chats/emails data from sales and customer care teams, converts it into vital business insights, sales analytics, and completely transparent information that provide sales and customer care instant coaching, immediate feedback and opportunities to exceed KPIs 4 times faster.
Efenco is a deep tech company, that is developing catalysts for the energy industry to save on fuel and emissions by using unique nano-electronics.
Sharewell is a platform that gives real-human insights for UX/UI design and benefits people and companies. This tool is essential for all professionals who want to improve their products and be more user-friendly. Sharewell is also a great opportunity for people to earn online by being the ones that provide feedback.
Mentornaut is an ed-tech startup, that is developing an online learning platform to help bridge knowledge gaps and support students in achieving their maximum potential in school. Their mission is to provide students with more personalized learning at the local level to help them to reach their maximum academic potential.
VideoCV is a recruitment platform that’s refining the hiring process to attract highly sought after talent in the market by connecting the applicants to hiring companies via video screening. VideoCV has spent time in Starta Accelerator in New York City.
Zelos – team management app for goal-oriented for teams and communities, that helps to manage volunteers during large events and is a graduate of the recent Startup Wise Guys acceleration program.
Jeff is a personalised financial comparison service that bridges the gap between lenders and consumers. Jeff’s solution gathers a wide range of alternative data from consumers under the same roof, builds alternative credit scores, and ultimately enables access to financial services and a range of other benefits for Asia’s 1 billion unbanked.
TranslateWise is SaaS to provide user-friendly and multilingual customer support at any website that is visited by non-native customers. Their mission is to help businesses connect with their customers better by eliminating any language-related obstacles on their customer care journey.
ATOM Mobility is a provider of a vehicle sharing platform development services based in Riga, Latvia. The company offers an electric scooter sharing platform along with software development with features such as real-time tracking and control of fleet, heat map and analytics, thus enabling customers to book electric scooters and entrepreneurs to launch their own vehicle sharing platforms.
Adact enables agencies to create online interactive marketing campaigns without writing a single line of code. Adact aims to be the go-to software and trailblazer for interactive marketing and enable to cover the entire marketing lifecycle for an agency or an individual brand. Adact has won the main prize of Latitude59, won best B2B startup in Techchill, won sTARTUp Day 2021 CoCoon syndicate and are SWG alumni.
GuestJoy is a complete guest experience platform that provides the exact information to your guests at the right time from one place. GuestJoy’s innovative way of addressing this problem and helping hoteliers solve it has won the company several awards, including being named the Top Estonian Early Stage Start-up by the ESTBAN Angel Investment Program in 2017.
Fractory is a cloud manufacturing company connecting engineers to production capacity around the world through an automated platform. Their mission is to streamline the procurement process by eliminating all the unnecessary steps. Gathering data about production capabilities, manufacturing times, prices and feeding it to the system is what makes this possible.
Adact enables agencies to create online interactive marketing campaigns without writing a single line of code. Adact aims to be the go-to software and trailblazer for interactive marketing and enable to cover the entire marketing lifecycle for an agency or an individual brand. Adact has won the main prize of Latitude59, won best B2B startup in Techchill, won sTARTUp Day 2021 CoCoon syndicate and are SWG alumni.
Cino is the first shared card that splits and pays at the same time.
A shared virtual card works just like a regular card, with two caveats. First, as the name suggests, it’s totally virtual. Meaning it is exclusively available through digital wallets like Apple and Google Pay, or for online payments. Second, it’s connected to more than bank account (or person!). Don’t fret, the card can only be shared with people within the private group, who actively connects their bank account – meaning all transactions remain private and safe.
In today’s world, where sustainability, efficient resource management, and optimizing fertilizer use are more critical than ever, smart farming is essential.
Our product is the result of nearly 40 years of scientific research and stands out as a unique solution on the market.
Paul-Tech’s technology is built on decades of experience and knowledge, offering something no one else has. Our goal is to help farmers to make data-driven decisions that lead to better outcomes.
We know the struggle of lengthy design iterations. We want to enable designers to spend more time with users and creative problem-solving. That’s why we’re building next-gen design tools – to design 10x faster and empower others to do the same.
Flowstep is a copilot that helps you create better designs, 10x faster. Just type and get user flows, high-fidelity UI, JTBD and more.
Generate polished design artifacts in seconds with Flowstep’s Infinite Imagination algorithm.
ESGRID – automate your value chain ESG compliance at 10x lower costs and 2x better data collection success rates. Esgrid streamlines your value chain ESG impact management process.
Save weeks, if not months, on analysing the results and writing a report with our one-click ESG assessment report that provides an overview of the assessment results in detail and can be used in the overall sustainability report.
The lead investor walks an extra mile
Angel syndicate investment bridges the gap before VC investment. Syndicated investments could reach up to €500k. To make the syndicated angel investment happen, there needs to be a lead angel to carry the weight and lead the wolf pack. EstBAN has a group of lead investors who are willing to go another mile.
Understanding the product and market
• How big is the Serviceable Obtainable Market and is it well above €10M?
• Which other market segments can be served after obtaining the SOM It’s better to obtain 30% of the very narrow niche than 0,0003 % of the huge market.
Meeting the team
• Meet all the founders and understand how the team works.
• Check the cap-table
• Do the founders have reverse vesting?
• Is there option pool for the employees agreed?
Conducting due diligence (see the DD checklist)
It’s easy to exhaust the startup with too deep of a DD at this phase, but still there are some things that are must-haves:
• Shareholders or founders agreement with founder vesting terms
• IP rights
• Bookkeeping and finances
• Articles of association
Closing the deal with the best terms for the syndicate members
• Negotiating the (agreement) terms with the founders
• Making sure the cap table is not spoiled with tens of small angel investors- those should be hidden behind one SPV.
Ask more from info@estban.ee and sign up as a lead investor!
