European research platform Dealroom recently announced that it has raised €2.75mn in Series A funding round. The round was led by Shoe Investments and Knight Venture Capital.
Founded in 2013 by Yoram Wijngaarde, Dealroom is an Amsterdam-based data and software platform, which shows worldwide intelligence about startups, innovation, and venture capital investment. Dealroom is used by every player in the startup and tech industry to search and compare the performance characteristics of innovative companies, pull reports and track industry trends.
The latest infusion of funds will support the company’s continued international expansion in Europe and beyond including making key hires in these markets.
CEO and Founder of Dealroom Yoram Wijngaarde said, “We spent the first six years honing our methodology, technology and relationships to establish Dealroom as the number one resource for data and research on European technology.”
He further added, “Now that we are well established, we are thrilled to use this funding to make some key hires, expand our data capabilities, forge new partnerships and continue to build communities with local governments and other key players in the ecosystem.”
Talking about the recent investment, Diederik Ingen Housz, Managing Partner at Knight Venture Capital said, “Following our initial investment in December 2017, we watched Dealroom execute on its plans with great precision and were keen to continue supporting the company in its next growth phase.”
Ronald van der Heijde, Managing Director at Shoe Investments also commented on the investment saying, “We have been watching the value Dealroom brings to VCs and corporates looking for the world’s most promising companies, governments who need to make sense of the data about their ecosystem, and founders and entrepreneurs in Europe who need local and private support. We look forward to working with Dealroom as it continues to scale.”
Currently, Dealroom has a community of 30,000 registered and active users and is trusted by hundreds of paying customers including world-class corporates (Google, Stripe, EY, Deloitte, Amazon) and top-tier venture capital firms (Sequoia, Insight Partners, LocalGlobe, Accel Partners).
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