The crowdfunding platform ClubDealOnline closes round of one million euro

The Italian crowdfunding platform reserved for High Networth Individuals (HNWI) ClubDealOnline closed a million euro round. 

The capital increase was subscribed by HNWI and Luca Valaguzza (co-founder of Euclidea, who at the same time joined the Board of Directors), as well as by Blue Financial Communication and Cristiano Busnardo (who became a member of ClubDealOnline last September) who had already announced the entry in the capital of ClubDealOnline between September and October, but without specifying the amount of the subscription.

The new members are joined in the capital by the founder Antonio Chiarello (majority shareholder); the accelerator i-Starter; the managing director of i-Starter Simone Cimminelli; Portobello spa, a media & advertising company listed on Aim Italia, which in January 2019 led a series A round in ClubDealOnline.

Read more details about the financing round recently closed by ClubDealOnline and find the most important finance news with our companion app, Born2Invest.

The last round is part of the consolidation process of CubDealOnline, inaugurated with the renewal of the BoD

The financing round is preparatory to the achievement of the strategic objectives in the pipeline, i.e. the finalization of an important acquisition, which should be completed within the year, and the transformation of ClubDeal from srl to spa. The entry into the capital of new qualified investors will enhance ClubDealOnline’s ability to take full advantage of the opportunities offered by a particularly favorable moment for investment in private assets, continuing to match the demand for capital from companies with the supply of capital from individuals interested in diversifying their investments.

Antonio Chiarello, founder and majority shareholder of ClubDealOnline, said: “I am very satisfied with the confidence received from investors, in a period when raising $1.17 million (€1 million) can be anything but easy. We are committed to the search for smart money, i.e. capital that comes from investors able to make an active contribution to the organization, and we believe we have achieved a very good result. ClubDealOnline’s management is facing the current difficult period, linked to the COVID-19 emergency, with the right attitude and an eye to the future and the next challenges. This injection of capital will help us to complete the strategic projects we are working on, such as the transformation from srl to spa, a strong signal of solidity for a startup, just a few years after its foundation.”

ClubDealOnline is chaired by Roberto Ferrari, former general manager of CheBanca! (Mediobanca group) and former chief digital and innovation officer of Mediobanca. The platform aims to select the best scaleups and SMEs on the market to offer the most interesting businesses to investors. The selection is entrusted to iStarter (Italian accelerator based in London) and to partners specialized in SMEs. The model provides for the header of the shares by a fiduciary and allows investors to aggregate the investments in a single entity, optimizing tax management and making the shares more liquid. Last October ClubDealOnline launched the new Round as a Service – RaaS service. It has already made use of RaaS RS Production, owner with Portobello spa of the Web Magazine Makers publishing house Web Magazine (which has a license for the Rolling Stone brand for Italy). Last June, Portobello and RS Production also launched Immediate, the first vertical business accelerator in the media and entertainment world in Europe. 

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(Featured image by Josh Appel via Pixabay)

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