Estonian fintech startup Raison app reaches €10 million valuation with its late venture investment marketplace

Raison app, the late venture investment marketplace from Estonia, has secured an additional €795k in seed funding with a €10 million valuation led by Server Partners. This comes after the fintech startup raised €125k last year. 

Founded in 2017, the Raison app aims to democratise top-tier late venture investment, allowing users to get involved in investment deals available from just €1. By creating the world’s first legal structure with the help of blockchain, the startup opened the opportunity for retail investors to invest in the biggest private companies like Klarna, SpaceX, or Scale AI. In 2021 the platform added 10 new deals and increased its user base by more than 3 times, exceeding 17 000 users globally.

Raison founder and CEO Alex Zaytsev said: “Before we entered the market with our innovative solution, late-stage venture investments were available solely to accredited investors with a high amount of capital, our mission is to make it accessible.”

Across Europe, the number of unicorns is rapidly growing and it’s been a bumper year for the startup ecosystem. Retail investors have long been looking for alternative investments, such as venture capital deals, to diversify their portfolios. However, individual investors continue to be significantly under-exposed to private strategies, due to limitations by high demanding investment requirements, regulatory restrictions, and administrative burdens.

The Raison app has been developed to make it possible for retail investors to join top-tier venture capital deals via a fast and easy-to-use digital experience. 

The funding will be used to continue the development of innovative investment solutions and accelerate its international expansion