Konvi, a pioneering pan-European crowd investment platform for alternative asset classes has raised over €814k to open this sector up for all retail investors. Investors include APX and value-adding angel investors including (former) executives from tech giants like Snap Inc and Shopify.
The Berlin-based startup is on a mission to make alternative assets accessible by opening up investments in some of the rarest collectables in the world. In doing so, Konvi is breaking down the market’s traditional entry barriers and allowing small investors to diversify their portfolios with assets that are otherwise reserved for large-scale investors.
The female-led fintech firm was founded in 2020 by Ioana Surdu-Bob, Lena Sonnen and Eran Peer, who are very experienced retail investors and built the entire tech and legal platform themselves. Besides very successful existing investment projects in watches and fine wine, the team is planning on expanding investment opportunities in other asset classes such as whisky, art, collectable cars, handbags and NFTs.
Claire Valoti, Snap Inc. commented: “It was a very easy decision to invest in Konvi. They are stellar founders, who have built a very user-centric platform democratizing investments into high-value alternative assets in a regulatory approved manner. When you think about how many different physical asset classes this can extend to, let alone then adding virtual goods (NFTs), their potential market size is incredibly exciting. I am very happy to add Konvi to our angel investing portfolio.”
Given the current volatility of financial markets, retail investors are looking to invest in alternative assets that have a low correlation to mainstream assets. With increasing inflation rates and the end of the 60/40 portfolio strategy rule, retail investors are entering a new era of investing with more power to shape their portfolios than ever before.
Jörg Rheinboldt, the CEO of APX added: “We are very excited to join the Konvi team on their path to become the leading pan-European alternative investment platform. Konvi opens up traditionally-exclusive asset classes to the retail investor 2.0. We’re entering a new era in the investment space and we are convinced that Konvi will play a crucial role in it.”
