Capboard continues the path of growth. The platform designed to manage equity, investors and incentive planshas completed a investment round of 285,000 euros with the objective of expand in southern Europe and Latin America. With this new round, the tool specializing in equity management, as well as investors and incentives, aims to position itself as a reference company in Spain for the management of this type of assets in startups and SMEs.
The company Bewa7er Market, parent company of Indexa Capital, and prominent business angels such as Andrés Bou, founder of Social Point; Javier Fondevila and Bernat Ripoll, founders of Holded; Iñaki Ecenarro, founder of Trovit; Carlos Blanco, founder of Nuclio and Encomenda; and Albert Armengol, founder of Doctoralia.
“After digitizing and automating the management of cap tables, membership book and incentive plans of more than 450 companies, we closed this investment round that will allow us to continue growing. The new injection will also make us develop new lines of business to improve the relationship between startups and their investors”, says Pol Gomà, founder and CEO of the Catalan company.
The startup of Barcelona origin was founded by Pol Gomà (CEO) and Marc Jordana (CTO), two professionals who, after years working for different startups including Uber, GoTrendier and Rakuten, saw that there was a lot of ignorance regarding phantomsharesas they did not understand how these types of actions worked or have visibility into the value or conditions.
Once the opportunity was detected, they began to work on the solution, creating a platform that allows manage this type of incentive plans. Capboard also has other features designed especially for startups, such as cap table or partner book management, a simulator of different scenarios of an investment round, convertible notes or secondary operations, or as a communication aid tool From Human Resources.
investor confidence
In this stage, Francois Derbaix, co-founder of Bewater Funds and Indexa Capital has decided to join the Capboard project in its clear commitment to position itself in southern Europe and Latin America. In this sense, François Derbaix explains: “We have invested in Capboard because a technological and legal solution is needed to help companies manage their phantom share plans for employees, and the participation of their partners (cap table). We have a lot of confidence in the Capboard team to be able to develop the best solution to manage the capital of private companies in Spain and Europe”.
The co-founder of Socialpoint, Andrés Bou, also shows his confidence in the future of Capboard. Andres Bou points out: “I decided to invest in Capboard because I think the phantom share plans are going to go further. One of the current problems with these plans is that employees with phantoms cannot see in a transparent way what they really own. Capboard provides a solution to this problem and also helps startups to manage their captable”affirms the co-founder of Socialpoint who has joined the operation.
