Stratulat Albulescu co-advises GapMinder Venture Partners on a follow on investment in Romanian self-improvement start-up Deepstash
The financing round was led by London based VC fund Connect Ventures and totaled USD 3 million, which will be used by the company to finance the further development of its platform with a view to boost the number of users. In addition to GapMinder, the round also included Cultivate Capital, as well as other European and American angel investors.
Deepstash (deepstash.com) is a Romanian start-up that developed a platform where anyone can discover, share and create knowledge. With more than 1 million users across more than 150 countries, Deepstash is a platform of curated ideas. The company’s proposition is simply to spend a few minutes a day with them to grow your 'stash'. The stash the company refers to is a collection of valuable ideas that can help improve one’s personal and professional life. The app contains multiple topics such as self-improvement, time management, communication, health, money and so on.
GapMinder is a Venture Capital Fund which aims at providing capital for local early-stage start-up companies in the Technology Sector focusing mainly on preliminary and first phase financing, Seed and Series A rounds.
Leading Technology firm Orrick Herrington & Sutcliffe acted as co-advisor on the matter with Ylan Steiner and US qualified Jason Wu, in the London office, having been involved.
The Stratulat Albulescu team was made up by Managing Partner Silviu Stratulat and Managing Associate Cristina Man, both with extensive experience in Venture Capital and Technology M&A.