Equidam

Equidam

Equidam, which has developed a platform to standardize the online valuation of small and medium private businesses as well as start-ups, has successfully concluded its first seed financing round of EUR 60.000. Symbid and Principe Management led the investment round which was underwritten within 24 hours. The other investors consisted of small angels in Equidam’s own network, who could now gather their forces in order to fund Equidam. The remainder of 30% funding was put in via uknown crowd investors. Equidam can now easily manage the financial resources already present in their own network. The money will be used to further develop the quality and depth of the product and to develop related tools such as an automated periodical report.

Equidam’s valuation service is a natural complement to equity crowdfunding since it smoothes the negotiation field between investors and entrepreneurs. The service benefits both entrepreneurs and investors by improving and speeding the decision-making process.

The Equidam valuation service combines financial theory and business practices, thus analysing both financial and qualitative data. Managing Director of Equidam, Gianluca Valentini: “the Equidam methodology provides the use of the best valuation models developed by experienced business angels and leading business universities as they are being used most common valuation practices. I’m convinced that we have created the most sophisticated online valuation product on

Read The Complete Article At SymBid