Funderbeam is a Tallinn, Estonia–based platform that provides infrastructure for investor networks, accelerators and venture investors to manage syndicated investments, post-investment flows and cross-border secondary transactions. The company holds investment firm licences in the UK, Estonia (covering the EEA) and Singapore and was designated a Recognised Market Operator by MAS in September 2019, enabling it to offer a fully regulated exchange service worldwide. Led by founder and CEO Kaidi Ruusalepp, Funderbeam’s core product focuses on solving liquidity frictions in angel and venture markets. After the announced transaction with VentureWave, the company will expand to serve institutional clients including VC funds, family offices, brokers and investment banks. The platform combines trading and investment management features to facilitate secondary transactions across borders. No operating metrics were disclosed in the article. Funderbeam operates a secondary marketplace that enables trading of private-company shares to provide liquidity for accelerators, angel investors, and early employees. The platform pairs digital infrastructure with a legal framework and licensing to support global trading. Founded in 2013 by Kaidi Ruusalepp and Urmas Peiker, the company is building out product, compliance, and business departments to scale internationally. At the end of March Funderbeam closed a Tim Draper‑led $4 million financing round to drive platform development. As part of its growth strategy it is bringing institutional partners on board to accelerate deal flow and market reach. A recent partnership with Tallinn‑based B2B accelerator Startup Wise Guys is intended to funnel a large set of early-stage companies onto Funderbeam’s marketplace. Funderbeam operates an information and secondary trading marketplace that provides access and liquidity to growth-stage investments. The platform uses blockchain technology to power its ledger and applies a curated model where founders choose who can invest, supported by due diligence and lead-investor ambassadors. To date it has listed 37 high-growth portfolio companies, onboarded more than 10,000 verified investors across 119 countries, and seen $2.2 million of shares exchange hands on its secondary marketplace. Funderbeam recently launched in Scandinavia and the U.K. and has an office in Singapore as it targets further expansion into Asia and continental Europe. The company says it will use the Series A proceeds to develop a stronger secondary market offering and support growth in key markets starting from Singapore. Co-founder Urmas Peiker will leave to focus on capital markets in developing markets; Kaidi Ruusalepp is identified as the company's founder. Funderbeam is a Tallinn, Estonia–based stock exchange for startups that uses blockchain to tokenize investments. Founded in 2013 by Kaidi Ruusalepp and Urmas Peiker, it lets anyone invest and trade in growth companies worldwide. Each investment is tokenized, with tokens representing an owner’s rights in an investment syndicate, allowing companies to raise rounds privately or publicly while adding only one investor to their cap table. The platform has raised over €5m via its own platform and has secured $7.3M in funding to date from a global network of investors in nearly 100 countries. Notable backers named in reporting include Jaan Tallinn, Tim Draper and Taizo Son. Funderbeam works with early-stage companies worldwide to help them access growth capital and provide immediate liquidity to investors. Funderbeam is building a blockchain-based funding and trading engine aimed at creating a stock-exchange-like market for startups. The platform combines a research tool (launched in 2013) with an investment platform that enables primary funding and nascent secondary trading of private-company stakes. Its trading feature lets shareholders sell stakes either originally funded via the platform or those they have permission to trade, with an emphasis on cross-border liquidity and transparency. Kaidi Ruusalepp, formerly CEO of the Nasdaq Tallinn exchange, leads the company and frames blockchain as a transparency and trust layer for securities trading. To advance the vision, Funderbeam has secured external capital and backing from strategic and notable investors. Financially, the company has just raised $2.6 million in further funding to develop its platform and trading capabilities.

Total raised

$59M

Funding rounds

8

Latest round

Equity

Latest activity

May 2023