Dealum partners with StartUpNV to help foster Nevada’s entrepreneurial ecosystem

​[[{"value":" Dealum is excited to announce its partnership with StartUpNV, Nevada’s state-wide accelerator and venture fund dedicated to building a diverse and resilient economy. This collaboration aims to support and enhance StartUpNV’s impactful programs that educate, cultivate, and attract investment for entrepreneurs and startups.  “We are happy to contribute to the growth of Nevada’s entrepreneurial community through partnership with StartUpNV ,” said Seren Rumjancevs, the CEO of Dealum. “What stands out for us in StartUpNV is that their business strategy focuses on investing in non-traditional founders and markets, contributing to economic diversification. We want to contribute to this strategy with our platform and services!” StartUpNV is proud to partner with Dealum as their centralized startup investment platform. “Our team can easily manage all of our venture and investor education conference funds, evaluate companies for investment with customizable diligence requests and assessment tools,...

Case Study: How sTARTUp Pitching scaled their operations

​ Before – the challenge Before adopting Dealum, sTARTUp Day faced operational challenges. Pitching competition organizers struggled with the manual nature of the event management: startups registered via Typeform and data was managed and processed in Excel. The festival's growth over the years made this approach unsustainable. As the event evolved and the number of participating startups increased, the workload became overwhelming – old methods required increasingly more time and effort. The decision to transition to Dealum was influenced by practicality. Dealum's founder, Rein Lemberpuu, is also a founder of sTARTUp Day and recommended the platform. The primary criterion for choosing Dealum was its ability to make the organizers' lives easier. Dealum's user-friendly interface and comprehensive platform features aligned with the festival's goals. The decision was later reinforced by Dealum's support system, assisting whenever needed. The competition has grown significantly. In 2017, around 20 teams were...

Dealum’s Year of 2023

​ Another year has passed and my, oh, my, does the time pass fast these days! As part of our tradition, it’s time to look back and appreciate where we’re at and how far we’ve come.  Despite the global economic and geopolitical uncertainty, Dealum as a whole is in a good place. We know why we’re here and where we want to go. We have the patience to build a fantastic team without compromising on any team member’s motivation or professionalism. We continue to build a great product that the customers need and are financially self-sufficient. None of these can be taken for granted being a young-ish company operating on a global scale. As the CEO of Dealum, I am filled with gratitude towards our founders for their wisdom, the team for their hard work, and our customer community who take pride in helping us build an even better Dealum. From the bottom of my heart – thank you! But this is not all, there are many more smaller things to appreciate this year. We are grateful for… … our growing ecosystem This year has...

From seed to harvest: exit strategies for startup founders and angel investors

​ The world of startups is all about dreams, innovation, and building the future. But let’s not be coy – it is also about returns on investment. Both the founders and the angel investors hope that there comes a time to reap the rewards of all their hard work and dedication – a successful exit. Let’s find out, when is a good time to exit, what strategies can be used, and how to know what is the best option. Exit: why you need a plan  An "exit" is an event or strategy through which founders, investors, or shareholders ‘cash out’ their investment – in other words, liquidate their ownership in the company into tangible assets like cash or other securities. The timing and method of the exit can vary significantly and depend on the specific goals and circumstances of the parties involved. An "exit strategy" is a plan on how and when the stakeholders of a company intend to or have an opportunity to exit their investment. Exit strategies give founders, early investors, and other stakeholders a roadmap to their...

Dealum and ACA strengthen collaboration

​ Dealum, the forefront platform for angel investing and angel group collaboration, is thrilled to announce the renewal of its partnership with the Angel Capital Association! This cooperation solidifies Dealum’s position as a recognized ecosystem member, showcasing our commitment to fostering connectivity and collaboration within the global angel investment community. Seren Rumjancevs, CEO of Dealum, expressed enthusiasm about the ongoing collaboration: “The USA with its vibrant startup investment scene is a globally recognized investing ecosystem and ACA plays a major role in influencing and developing the future of co-investing. We’re very excited to learn, directly from the source, how angel groups work and play together. Dealum aims to grow, develop, and mature together with the ecosystem and the insights collected from the ACA and its member organizations are invaluable for us to continue providing the tools that angel investors need.” The collaboration between the ACA and Dealum is founded on shared...

How angel group members benefit from using Dealum

​Dealum is built to support and enable organizations that provide early-stage capital to startups, such as angel networks. We see that these organizations play a crucial role in the pre-seed community and therefore helping them to become more efficient and successful will make an impact on the whole ecosystem. Although the majority of the tools on our platform are developed specifically to help angel group operators save time and be more productive, we recognize that it’s equally crucial to engage and activate their investor members. An investor group with active members is much more likely to succeed, after all. That’s why we have put significant effort into ensuring that angel investor members find the platform easy to navigate and it becomes a valuable resource. Here are the three key benefits for angel group members to use the Dealum platform. 1. Find the best deals effortlessly With Dealum, it’s easy to find, navigate, and manage investment opportunities. A streamlined procedure for sourcing and...

Impact investing: how angel investors can drive both profit and positive change

​ Impact startups and impact investing are logical reactions to the countless global issues we’re facing. While extractive capitalism has played a big role in bringing us here, more and more people realize that we need something entirely different to move us forward. We need alternative business models that not only ‘do no harm’, but create a positive change instead.  The rise of impact startups signifies a shift in mindset, where purpose and profit are intertwined, and businesses take accountability for their impact. The founders and investors take it upon themselves to tackle societal and environmental challenges and create innovative solutions that go beyond profit maximization.  It’s important to note that impact startups are not miracle workers who solve everything; systemic change requires collective efforts from various parties, including governments, corporations, and society in general. However, the rise of impact startups reflects a growing recognition that the existing capitalist models need to...

Accelerating accelerators: how to reach your accelerator’s full potential with digitalizing and automation

​ Like in countless other industries, the Covid pandemic forced startup accelerators to digitalize their processes. Being the breeding ground of innovation themselves, it’s only natural that they’re at the forefront of transformation. From the selection process to mentoring, the accelerator landscape is changing fast. Digitalizing improves efficiency, enables remote participation, gives wider access to resources, and opens doors for startups of all backgrounds and geographical locations. On the other hand, maintaining quality and avoiding hidden biases or other unintended consequences is more crucial than ever. If done right, digitalizing and automation can be a driver of efficiency, innovation, inclusivity, and impact. But how to do it right? Let’s take a look. In this article, we cover the key areas to automate in startup accelerators, the most common pitfalls to avoid, and best practices to hit the ground running. What is a startup accelerator? A startup accelerator is a mentor-based program that...

Why we don’t aim to become a unicorn

​ For decades, the startup community has raced towards bigger and bigger. Everyone wanted to become the next unicorn. And why stop there – next up are the decacorn ($10 billion), centicorn ($100 billion), and superunicorn ($1 trillion). But is bigger always better? Or stronger? “We don’t think so,” say more and more people who choose not to participate in the race. What’s up with the new self-sufficiency trend in the startup world? Who are the ‘camel/bee’ startups? Can you even call yourself a startup if you don’t want to grow as fast as (in)humanly possible? Or are you just the silent quitter of the startup world? Keep reading to find out. Financial freedom: self-sufficiency of bootstrapped startups After the 2022-2023 venture capital crash, countless startups are facing down-rounds, valuation crunches, and agitated investors. It’s a better time than ever to be bootstrapping. As we know, bootstrapping founders use their personal resources to finance their startups, retaining complete control over their...

Sustainable startup or greenwashing? An angel investor’s guide to spot the difference

​ Whilst it’s becoming more widely recognized that the world is already in the midst of a climate crisis, there is also a growing recognition among investors that sustainability is not only good for the environment but also critical for long-term financial success. Companies that prioritize sustainability are often more efficient in their use of resources and may be better equipped to adapt to a changing regulatory landscape. Also, consumers are increasingly demanding sustainable products and services. By investing in these companies, you can tap into this growing market and potentially see higher returns on your investment. But it can be hard to tell the difference between a truly sustainable company and one that's just using greenwashing tactics, either intentionally or inadvertently. With this in mind, the European Commission recently unveiled a new set of rules for the consumer market that will require companies to back up their green claims with credible scientific evidence. In this guide, we'll...