Denmark

[Funding alert] Copenhagen-based Fintech Startup Dealflow Raises $700k in Pre-Seed Funding

Oct 20, 2023 | By Startup Rise EU

Copenhagen-based Fintech Startup Dealflow raises $700k in pre-seed funding. The round is led by unicorn founder Ralf Reichert, with participation from Ewor, a16z, Atlantis Ventures and a group of notable angel investors. This is what Daniel Dippold, founder at Ewor, the Y-combinator of Europe, said about the decision to invest.
Siddharth Mudgal - Co-founder (Left), Seb Haugeto- Founder & CEO (Right)

Copenhagen-based Fintech Startup Dealflow raises $700k in pre-seed funding. The round is led by unicorn founder Ralf Reichert, with participation from Ewor, a16z, Atlantis Ventures and a group of notable angel investors. This is what Daniel Dippold, founder at Ewor, the Y-combinator of Europe, said about the decision to invest.

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The relatively high valuation means that more shareholder control remains in the team, which they believe is crucial for building exceptional products and a truly customer centric company.

They have seen the damage that investor obsession rather that customer obsession can do to otherwise great teams and ideas, so they wanted to avoid that.

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They originally launched the first version of Dealflow in the summer of 2022. Back then they were laser focused on influencers, as you can see in this video. Due to their niche focus they quickly amassed 100s of creators to the platform, became a critical payment solution for top influencer agencies across Denmark and learned the inner workings of B2B payments.

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They are already moving hundreds of thousands of EUR per month for a select clientele and they have a growing list of companies that are very interested in their solution.

However, this is only day 1 for Dealflow. they imagine a future where the true power of finance is available with the tap of a button for founders and builders everywhere around the world. Invoices is just the very first step for us to achieve this vision.

About Deadflow

CEO and founder of Dealflow, It was really challenging for them to be paid and handle invoices when they was a travel influencer when they was studying computer science. they had the good fortune to meet my co-founder Sid early on in the trip, who helped them to solve this. He is the Indian man who actually makes everything function.

Together, they have built a solid remote team, found solutions for innumerable client issues, and set a lofty goal of complete global dominance.

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