DesignBro

Invest in a fast-growing European Design Tech startup that democratises access to quality design, leveling the playing field for mid-sized companies by leveraging smart algorithms while developing AI generative technology.

Basic details

Amount raising

€

600K

Monthly revenue range

€20K - €40K

Location

Industry

B2B,Marketing,Saas,Marketplace

Website

https://designbro.com/

Founders

Last updated:

September 20, 2022

Key Achievements

We found marketing channels with ROI of 260% and are working with a CAC of $95, CLV of $1350
We have achieved a strong SEO position with an increasing domain rating (now at 72), focusing on the US market where we have 60% of our customers. Organic sales are an important part of our growth strategy (30%), together with returning customers (30%) and marketing (25%) (numbers from Q2 2022)

Premium Details Available

Growth rate (month over month)
Contextual explanation on monthly revenues
Number of paying customers
Number of active users
Percentage of company owned by founders
Amount raised in the past
Is there a lead investor?
Amount in this round already committed
When aiming to close this round?

Percentage of their time founders are spending on this.
Is there a founder with previous c-level or founder experience?
Is there a founder with exit experience?
Is there a founder with previous sector experience?
Is there a women founder with at least 5% in the team?
Year founded

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Premium Details

(Data is self reported)

Growth rate month over month

Monthly revenue context

Part of our recurring revenue is from our new subscription model, rest of our recurring revenue is from returning clients.

Number of paying customers

2500

Monthly active users

83000

How much have you raised in the past?

We've raised close to 500k€ from angels in 2020 and 525k€ in 2021, also from angels.

Do you have a lead investor?

How much of this round already committed?

100000

When are you aiming to close this round?

Q4 2022

Patent status

Year founded

2016

How much time do the founders spend on the business?

100%

Is there a founder with previous co-founder / c-level at startup experience?

Is there a founder with previous Sector Experience?

Yes

Is there a founder with previous Exit Experience?

What percentage of company is owned by founders?

60-69% owned by founders

Is there a women founder with at least 5% of the shares?

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