Connectd raises $2.6m to help grow and manage relationships in the startup ecosystem
Connectd, the leading platform for managing and growing relationships between startups, investors and advisors, has secured $2.6m in seed funding as it continues its expansion.
Following a series of developments in 2022, including tools for legal and portfolio management, the Connectd platform has continued to attract founders, investors and advisors at scale. In the last two consecutive years, this has led to four times year-on-year growth.
The new funds will further support Connectd’s expansions around data, corporate enterprise, customer support, and the development of new tools and features for the community to harness connections.
Serial entrepreneur Roei Samuel, founder and CEO of Connectd, commented: “Connectd has become a leading platform for the startup ecosystem to build meaningful connections, bringing together founders, investors and advisors. We’ve continued to curate a carefully vetted, high-quality community who benefit from our tools and range of exclusive features which all help to scale startups.
“In the current economic environment, Connectd is incredibly well positioned to help founders to provide transparency and bridge the gap between their business and their investors, with tools that help manage relationships and monitor and report performance. Creating a commitment to provide regular, high quality and transparent updates to investors is one of the biggest indicators of startup success, and Connectd is uniquely providing the methodology and tools to compute the most important data points that help founders relay information and metrics in a meaningful and frictionless way.”
This latest seed round brings Connectd’s total funding to $5.6m. The round is supported by institutional investors LiFE Ventures, Blue Lake, Mail Venture Partners, Arch Law and Syndicate Room, as well as new angel investors including former McKinsey & Co’s head of financial services, Alan Morgan; Twyn founder, Tim Levy; Monster Energy Drink’s President of EMEA, Guy Carling; and UKAT founder, Daniel Gerrard.
LiFE Ventures added: “Connectd has quickly become an invaluable resource for the growing startup ecosystem and is perfectly poised to scale its operations. It has already proven a strong ability to develop and successfully roll out market leading online tools, which is helping Connectd to attract, serve and grow a loyal community. The future for Connectd looks incredibly bright and we’re delighted to be a part of the journey.”
