June 29 (SeeNews) - Romanian investing platform for tech startups SeedBlink said on Thursday that it is partnering with Spanish online platform for startup valuation Equidam on a valuation tool to bridge funding, equity management and fair valuations.
The tool, integrated into SeedBlink's equity management platform Nimity, aims to help Bulgarian and international entrepreneurs and investors navigate startup valuation, while also facilitating constructive negotiations and informed equity decisions, SeedBlink said in a press release.
The initiative ensures more sustainable long-term ecosystem outcomes by providing entrepreneurs with insights, tools and resources for startup valuation, supporting the success and growth of European startups, the company added.
"I believe this partnership will bring great value to the Bulgarian startups looking for funding, in both VC-backed deals and investors syndicates, by making Equidam accessible to them via our equity management platform Nimity," SeedBlink country manager for Bulgaria Angel Hadjiev said.
Earlier this month, SeedBlink announced the launch of its platform Nimity, which aims to simplify equity management for entrepreneurs and private investors.
Valencia-based Equidam provides a data-driven approach to valuation using industry-specific data from 90 countries and 136 industries. So far, the platform has helped over 140,000 companies raise funds for Seed to Series A rounds.