WiSeed

  • FoundedJune 2009
  • HeadquartersFrance
  • FundingBetween $1 - $10 million
  • Sector-FocusGeneralist
  • Stage-FocusSeed
  • SecuritiesEquity

Snapshot

WiSEEd is an equity-based crowdfunding platform in France founded by Thierry Merquiol and Nicolas Sérè. Thierry and Nicolas previously co-ran an early startup accelerator in France.

Founded in 2008, WiSeed opened its marketplace in June of 2009, and its platform has since helped 35 startups raise ~$9.3M. It currently has more than 23,000 registered members.

Early Liquidity Event

WiSEEd is one of the first equity crowdfunding platforms in the world to generate a return—from cradle to grave—for crowd investors.

In September 2012 ANTABIO—a French biotech startup funded on WiSEEd—exited and generated an IRR of 45% for its 207 Crowd investors. One investor, Bruno Rakotozafy, who received €2,434 on his initial investment of €1400, documented his experience.

Crowdsourcing + Crowdfunding

Before companies are admitted onto the WiSeed platform, the Crowd must first approve them. The process works like this:

  • The Crowd votes either “I like” or “I don’t like” across 11 key criteria
  • Along with their vote, individuals also indicate how much they may be willing to invest. (Not a hard commitment.)
  • If a company gets enough positive votes, and strong enough investor interest, WiSeed will open it up for investment.

Infographic

The WiSEED team put together an excellent infographic. It’s a bit dated, but excellent overview nonetheless. Check it out.

Deal Flow

Investors can invest as little as 100 Euros ($135).

WiSEED’s primary deal flow is high-growth-potential French startups. It targets companies post-traction (has validated proof of concept and has its first customer) with strong management teams. It’s industry-agnostic but does require the company to show sufficient growth prospects to support venture investment.

It also recently moved into Real Estate, enabling users to purchase shares in bonds issued by real estate developers. It target investments are small developments (<10 units); are more than 60% pre-sold; and the property is located on clearly identified geographic areas.

Fee Structure

Investors pay no fees.

Issuers pay a 10% success fee on total funds raised.

Executive Team

Merquiol Thierry

Co-Founder, President

Nicolas Seres

Co-Founder, Director of Operations

Social

February 26, 2014

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January 23, 2014

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December 10, 2013

Crowdfunding continues to increase in scale in Europe and it is expected that 26% or $1.3 billion

May 14, 2013

Only yesterday we told you about Crowdcube’s self-run £1.5 million ($2.3 million) raise, and today another European platform revealed that it has crowdfunded itself. This time, it’s the French equity crowdfunding platform WiSeed that announced a €1 mil …

October 18, 2012

Whereas Equity Crowdfunding isn’t yet legal in North America the movement is going to the next le

© 2012 Open World Ventures LLC