After signing up on our platform, you will receive a confirmation email, and then you will be taken through the onboarding process. To view the documents and the financials of a specific startup and to be able to invest, all these steps need to be completed: signing up, completing all required contact details, verifying your identity and filling in the form stating your investor type.
In the section allocated to the startup you are interested in, choose the desired round and click the “Invest” button. You will receive an email containing all the details about the next steps and having the Agreement attached. You have four days to consider your final decision. If you want to go on and invest in that startup, you’ll need to send the signed Agreement within this time interval. Also, we recommend you check your fiscal record to avoid any delay.
When the round is over, we have a short period of reconciliation during which we collect the final decisions from the registered investors. Afterwards, you will receive the SPV’s incorporation documents (Articles of Incorporation and the Statement) by email. From the moment you receive this email, you will have three days to sign these documents. Any investment withdrawal after this step in the process will be penalized.
A bank account will be opened on behalf of the SPV. You will have three days to wire the invested amount and the payment needed to cover the additional costs. We charge the fees after the signing of the investment contracts. All fees (access and management fee) are paid when you also transfer the committed amount, except the success fee (carried interest), which is only paid at the time of a realized return (i.e. exit, selling the shares). The total amount should be transferred in lei, using the exchange rates communicated by the bank, where the shared capital account will be open on the date set in the Articles of Incorporation. Access here to see more details about SeedBlink's pricing and fees.
Further on, the SPV documents will be submitted for approval to the Romanian Trade Registry. After issuing the incorporation documents, the investors and the SPV’s administrator will sign the investment documents. This is when the investment is considered finalized.
Once the investment is signed off, you will be able to access all information and documents regarding your investment in the “My Portfolio” section. You will also receive quarterly reports about the development of the startups you invested in and access the perks and programs offered by us.