22 angels have worked throughout the spring to find an investment-ready company for their 220 000 €. After going through 148 companies, Duuers was chosen to receive the investment. Previously superangels, such as Moaffak Ahmed, have invested into the company, now to be continued with our international syndicate led by Jaakko Salminen and Rhett Thompson. Out of 22 investors, four were international investors, bringing their knowledge about the international competition and their views on the probability of international expansion for the top companies.
So what does Duuers actually do? Duuers is an easy-to-use tool for business proposals that helps small entrepreneurs to stand out from the crowd. It helps especially smaller companies to create business proposals with the help of previously created content and smart interaction towards the customers. Their tool makes creating business proposals up to six times faster than traditional methods, freeing entrepreneurs to invest their time into more productive tasks and thus accelerating the growth of their business.
“In the end, five great startups were combed throughly during due diligence to find the one case for the investment. The whole syndicate and the startups teams put in long hours, and one really stood out: Duuers Oy. Duuers has the vision, innovation, scalability and killer team that angels are looking for. We expect great things from this company!” comments Jaakko Salminen, colead of the syndicate.
“This process gave our kind of a company possibility to stand out, as we try to help small entreprises to do their business. This investment enables us to really accelerate our business to the next level”, adds Paula Viinamäki, CEO of Duuers.
Congrats to Duuers! Let’s do this!
Nordic Angel Program awarded at EBAN Helsinki 2019
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