CrowdDesk closes Series A for EUR 8.5 million

• Round2 Capital and existing shareholders invest in CrowdDesk
• More than 250 customers have already processed over 500 issues with a total volume of over 160 million euros via CrowdDesk

CrowdDesk, a software service provider for digital financing, has successfully closed a Series A financing round of EUR 8.5 million (US $ 10.3 million). The lead investor is the Austrian investment company Round2 Capital, one of whose best-known financings Myra Security is. The existing group of shareholders also participates again. With the fresh capital, the Frankfurt-based FinTech wants to achieve even higher market penetration in the medium term, strengthen brand awareness and advance to the leading SaaS company in the private capital market. So far, CrowdDesk has received capital from business angels as well as seed funding.

Founded in 2015 by Jamal El Mallouki and Johannes Laub, CrowdDesk wants to give every company easy access to capital anytime, anywhere. FinTech uses this technology to standardize the processes of raising, brokering and investing capital — legally secure and completely digitalized. To this end, the team of currently 65 employees bundles technical and regulatory knowledge as well as financial and capital market expertise in a digital solution.

“With our technology, we are significantly reducing issuing costs and giving companies of all sizes and industries, but also professional financial service providers: inside, access to the digital capital market. As a result of the financing, we want to continue on the previous growth path, promote technological networking among the participants and offer the leading infrastructure for non-listed financial instruments, ”says Johannes Laub, co-founder and managing director of CrowdDesk.

Since it was founded, CrowdDesk has continuously developed its technology, products and services. In this way, new customer groups and industries could be developed: The Frankfurt FinTech now also supports professional financial service providers in digitizing their business. Over 250 customers, including more than 20 banks and some of the largest issuing houses from all over Germany, use these digital financing options. FinTech gives them digital and legally secure access to the private capital market — and thus a new way of financing.

“CrowdDesk is a pioneer in the digitization of private capital markets. The company has unique technical and regulatory know-how to make private capital investments more efficient and completely transparent. Therefore we look forward to supporting CrowdDesk in shaping the private capital markets in the coming years ”, says Christian Czernich, co-founder and CEO of Round2 Capital.

In addition, CrowdDesk enables customers to network with one another: Issuers, intermediaries and investors benefit from this network and create new synergies.
In total, more than 500 projects with a total volume of over 850 million euros have already been successfully financed with the software from the Frankfurt-based company. CrowdDesk already offers one of the most popular software solutions in the private capital market.