We got an exclusive look at the pitch deck cap table startup Capdesk used to raise an $11 million round from Fidelity
This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now.
- Capdesk has raised $7 million in additional Series A funding to help businesses manage their equity.
- The extension was backed by Fidelity International Strategic Ventures.
- Scroll on to see Capdesk’s redacted pitch deck.
Equity management startup Capdesk has raised an extension to its Series A funding round.
The London-based company has raised an additional £5 million ($6.9 million) from Fidelity International Strategic Ventures and MiddleGame Ventures.
The top-up funding follows an initial raise of £3 million ($4.2 million) in 2020, led by Fuel Ventures, and brings the Series A total to £8 million ($11.1 million).
Capdesk, which enables privately owned companies to manage their equity digitally via a single platform, has raised £11.7 million ($16 million) since being founded in 2015.
“With this funding we can build our vision for Europe’s startup ecosystem and compete with the US,” Christian Gabriel, Capdesk founder and CEO, told Insider. “COVID-19 has accelerated a need for businesses to distribute equity digitally and helps us to make a difference and push the frontier.”
Existing clients include e-scooter startup Voi, Nutmeg, and Gousto.
The startup will use the funding to continue investing in its products. The business has begun to operate more actively in the secondary share sale market and in April last year it launched a partnership with Seedrs to help investors access to Europe’s secondaries market.
“Capdesk has positioned itself as a leader in digital equity management,” Alokik Advani, managing partner at Fidelity International Strategic Ventures, said. “We’ve been watching the company’s growth closely and have been impressed with its digital capabilities for cap table and employee stock option plan management.”
Check out Capdesk’s Series A pitch deck below: