Round2 invests in the form of a revenue based loan, which will be used by the company to strengthen its leading position in current markets and for geographic expansion.
Round2 Capital Partners (EuVECA) GmbH & Co KG announces the signing of an investment agreement with Vainu. io Software Oy, Helsinki, Finland. Round2 Capital Partners will provide financing to Vainu in the form of a EUR 2,000,000 revenue-based loan, an attractive investment alternative that avoids dilution of existing shareholders. This is the fund’s first investment in the Finnish market. Vainu will mainly use funds for geographic expansion and to accelerate sales growth in the markets where it is already established.
About Round2 Capital Partners
Round2 Capital Partners, a European Venture Capital fund (EuVECA) and a registered Alternative Investment Fund based in Austria, was established in 2017 and is the first regulated fund of private and institutional investors offering revenue based loans in its target markets Germany, Switzerland, Austria and Scandinavia. To date Round2 has made 11 investments in 5 markets, mainly focusing on fast growing, established SaaS companies.
Vainu is building a real-time company data platform that helps salespeople use fresh, reliable data in every customer interaction. The platform is aimed at European B2B sales organizations with a CRM, improving their customer experience and increasing sales close rates.
Headquartered in Helsinki, Finland, the company launched in 2014 and is now a team of 150, spread across Europe. Vainu is used by over 2,200 sales organizations globally, including customers like EY, Santander, Bridgestone, and SAP. Vainu won the award for Best Bootstrapped Startup in the Nordics in both 2017 and 2018. Read more at www.vainu.com.
Vainu. io Software Oy