Tallinn-based fintech EvoEstate closes its $381K pre-seed round

Estonian fintech startup EvoEstate has announced a pre-seed extension of $167K which closes its $381K pre-seed round. The company has been funded by Lithuania’s Startup Wise Guys, a Hong Kong investment fund, and business angel investors from France and the Baltics. EvoEstate has raised a total of $763K in funding over three rounds, Crunchbase reports.

Founded in 2019 by CEO Gustas Germanavičius and CIO Audrius Višniauskas, EvoEstate is a real estate crowdfunding aggregator or platform of all platforms in other words. The company makes it easy for retail customers to invest by offering investment tiers as low as $59. Moreover, the founders of EvoEstate invest too. This “skin the game” concept means that certain projects are selected by the founders to invest their own money.

With the new investment, the company wants to grow its next-gen investment platform globally. However, EvoEstate’s founders stated, that the funds will be allocated to serve a few purposes. To date, the platform provides to the needs of 2,500 investors from 50 countries. Into account, EvoEstate has been recognized as the best Fintech business in the Baltics and named one of the top 10 startups by Emerging Europe.