Angelgate
Poststraße 17, Sankt Gallen, Saint Gallen, 9001, Switzerland
Overview
AngelGate is Club of Business Angels from all over Europe that invests in enterprises in their startup stage with a scalable business model and with first success on the market
- Total investments
- 2
- Lead investments
- 0
- Investments · 12mo
- 0
- Active investors
- 0
Investment portfolio
- Apotekamo
Participated · Equity · Aug 2022
Apotekamo is a Stockholm-based startup operating an online pharmaceutical marketplace focused on Southeast Europe. The platform offers both over-the-counter and prescription drugs and provides digital services for external suppliers, including order processing and payment solutions. Launched in Serbia and expanded to Bosnia and Herzegovina in Q1 2022 following the acquisition of a local pharmacy, it is a portfolio company of Swedish venture builder EPTI. Management reports strong operational progress, with growth in returning customers and orders and a 740% increase in order intake in the first half of 2022 versus the same period last year. The recent funding will be used for geographical expansion, marketing activities, and development of the company’s logistics solution. Company leadership says the goal is to become the leading online pharmacy in Southeast Europe.
- Carnovo
Participated · Equity · Sep 2020
Carnovo operates a one-stop platform that compares offers from over 1,500 dealerships, letting users configure a car, receive up to five offers, and contact dealers entirely digitally. Its business model combines SaaS for dealerships, classifieds and traditional and flexible renting. The company says it has more than 500,000 registered users and has facilitated vehicle sales worth over €200 million since launch. Carnovo was founded in 2017, has a team of about 25 people and expected revenue near €2 million in 2020. Management plans to use the funds to consolidate in Spain, expand into new countries and strengthen flexible subscription and digital sales models accelerated by the pandemic. The platform reports increased user interaction post-lockdown, with up to a 60% rise in dealer contacts and a user satisfaction rating of 4.8 out of 5. Carnovo operates an online comparison service for new-car offers. The platform was founded by Ferran Jover and Santiago Vernetta. At launch the company worked with 500 dealerships across Barcelona, Madrid and Levante. The business is categorized in the Internet/IT sector. In 2017 Carnovo closed a €2M financing that combined venture capital and public financing. Investors in that round included Antai Venture Builder, M4E, the company's team, and Enisa, which provided a participative loan.
Team
No current team members are available.