Latest company updates within the KapVista Ecosystem
This year, a number of megatrends swept across the industries, effectively concentrating the investors’ interest in a number of select fast-growing segments. Our team had a chance to get to know some fantastic investment opportunities that seek to capitalize on some of the fast-expanding segments.
iuzeit: an e-commerce online platform to compare thousands of products
e-commerce revenues are projected to grow to 6.54 trillion US dollars in 2022. Online shopping is one of the most popular online activities worldwide, which is further propelled by tech solutions like Shopify (NYSE: SHOP), allowing everyday users to create their online storefronts, and Klarna, allowing shoppers to pay later with no interest.
One of our clients, iuzeit, is currently raising capital to scale in that sector, seeking to close off the current term sheet with an additional $500K-$750K before the end of the year, and launch a $10M term sheet after the new year. The offer is backed with strong proof points and comes from an experienced team able to scale fast.
▌raised about $2M so far and launching a $10M Series A round ($40M valuation) right after, with 1 commitment for the full round already,
▌iuzeit team is currently expanding with key senior director roles for technology, marketing, etc. to add much more experience to the roster
According to the latest US SIF report, responsible investing strategies increased 42% over the past two years, to $17 trillion in 2020 up from $12 trillion at the start of 2018. One of the great founders we have had the pleasure to get to know is Mike Grehan and his team behind LifeArt, who patented lightweight, low-emission coffins and caskets, for which up to 80% fewer trees are required in production, and up to 87% less greenhouse gas emissions are generated when cremated.
► great outcomes in the UK: proven concept with 7% market share touch after 3 years,
► total turnkey & fully portable manufacturing solution < US $1m.
BlackArrow: an AI-backed financial solution to manage, evaluate and improve your affordability
© 2020 KapVista