Simplify Enterprise Workflows in your own Private Cloud - backed by leading German seed investors.
Business Highlights
Fundraising history | This round | |
---|---|---|
Type
|
- | Equity - Pre-emption |
Last price changed
|
16 May 2019 | 19 May 2021 |
Valuation
|
€6,057,462.40 | €6,098,391.20 |
Share price
|
€118.40 | €119.20 |
Share price change (%)
|
0.00% | 0.68% |
Tax relief
|
- | None |
Idea
Introduction
The company has raised the following funds since it's last investment round on Seedrs:
- Equity investment at a share price of €119.23 in March 2020 and May 2021 totalling €432,000.
- State aid in the form of a silent partnership from Innovationstarter Fonds totalling €800,000. While no equity is issued, the silent partnership gives the investor the right to share in dividends and proceeds on exit pro rata to other shareholders based on the same initial investment share price of €119.23. The silent partnership also entitles the investor to 5% interest p.a. and repayment ahead of other shareholders on insolvency. €500,000 of this silent partnership is repayable on 30 October 2027 and €300,000 is repayable between in Q3 2028 if no exit has occurred.
Due to the high share price and to allow all investors to take up their pre-emption rights, we have set the investment multiple for this round to €11.92 - for every €11.92 invested, you will receive 1/10th of a share. Therefore Seedrs investors will be investing at an effective share price of €119.20.
As part of the equity investment round, a part of an existing shareholder's loan totalling €58,909.09 has also converted into shares at the share price of €119.23. The original loan amount was €400,000 with 10% interest per annum and a repayment date of August 2022. Portions of the loan have converted over the company's last few funding rounds, with the remaining balance after this round's conversion being €225,305.
While we have only reflected the equity investment in the progress bar, your pre-emption allocation has been calculated to include the existing shareholders' loan conversion.
As this is a pre-emption campaign limited information is provided. More information can be found by reviewing the business's post investment page. This information has not been reviewed or approved by Seedrs.
Open an account to get access to the team members of cloudplan
Already have an account? Log in
To comply with financial regulations, we can only show full campaign details to registered users.
Only shareholders can access this page
If you successfully purchase a share lot of this business, you will be granted access.
Buy sharesOnly shareholders can access this page
If you successfully purchase a share lot of this business, you will be granted access.
Buy sharesOnly shareholders can access this page
If you successfully purchase a share lot of this business, you will be granted access.
Buy sharesOnly shareholders can access this page
If you successfully purchase a share lot of this business, you will be granted access.
Buy shares