Dealroom, an Amsterdam, The Netherlands-based startup data and research platform, raised €2.75M in Series A funding.
The round, which brought total funding raised to date to €3.5m, was led by Knight Venture Capital and Shoe Investments.
The company intends to use the funds for continued international expansion in Europe and beyond including making key hires in these markets.
Founded in 2013 by Yoram Wijngaarde*, CEO, Dealroom is Europe’s comprehensive technology industry data and intelligence platform with 30,000 users including VCs, governments, corporates and startups Its API combines data from governmental partners with technology and data science to provide complete startup ecosystem data and insights enabling the publishing of reports based on research and data about startups, investment, funding, M&A deals and socio-economic impact.
Dealroom uses a combination of manual research and automated tools that incorporate AI, natural language processing, data science and APIs to identify and process relevant company information and insights in real-time.
The company provides governments, including over 15 European hubs, with fully managed white-labelled solutions to understand, access and communicate intelligence and data about their ecosystem. Currently, several large scale ecosystems including UK (Tech Nation), France (La French Tech), Berlin (Senate), Netherlands (TechLeap), Amsterdam (StartupAmsterdam) and over a dozen other hubs across Europe are working with Dealroom.
*Wijngaarde previously worked as investment banker, first at Lehman Brothers in London and New York, and then at NOAH Advisors in London, advising tech companies. While at NOAH, he advised multiple European tech companies on their exit (e.g. Fotolia to KKR).