Kodawari is a new generation of Club Deal enabling european business angels to invest in the most promising startups on the continent. Our model, free for startups, allows us to focus on providing our community with the best deals while ensuring that 100% of the invested capital will go to the startup, without fees.
The meaning of ㊙️ Kodawari
Kodawari is a japanese term meaning:
A sincere and imperturbable focus on what you are doing with for main objective to do it perfectly, while know that perfection is impossible and the process itself is what truly matters
This concept is being used to showcase determination and care in the work one does. At ㊙️ Kodawari, we believe the innovation driven by startups are positive for our society and we decided to focus on their investors as a key success factor.
Who is building ㊙️ Kodawari?
We are a small team of professionals building this project on the side of our main activities as we are deep believers in innovation and the main role of funding in the process.
㊙️ Kodawari solely exists to support entrepreneurs building the future and to do so, we focus on investors to support and participate to these journeys both human and financial.
Our Values 🌱
- We are stubborn on our vision, flexible on tactics and stubborn on progress
- Startup founders are at the heart of our mission and we commit transparency and fairness to all of them
- Our Angel Investors are our priority as they represent a key pillar of our ecosystem
For Investors 📈
What is Kodawari's business model ?
We are entirely free for startups and finance our operations through monthly subscriptions paid by Business Angels to access our deal-flow and services. We believe in a different business model from traditional Business Angel Clubs (usually taking success fees on the money raised) in order to select the best startups without biais and protect 100% of the capital raised to fuel startups' growth
Why do Business Angels should be paying for deal-flow? Why 100€ / month?
Most traditional Business Angel clubs take a success fee on the money raised by a startup and therefore, are free for Business Angels, but expensive for startups who end up with a fraction of the amount they raised. As a consequence, these clubs tend to select deals to promote based on their likelihood to convert, versus the pure quality of a startup. We believe in providing the best deal-flow for BAs while ensuring that 100% of their investment will go to the startup directly. The pricing was designed to allow Kodawari's team to develop the service and always provide the most qualitative opportunities to its community.
How are investments structured?
As of today, Kodawari doesn't provide structuring services for investments and each BA has the freedom to contact and invest in a startup by syndication, by a classic convertible note or by joining a full-on equity round. We hope to extend our services in the future to offer structuring based on our community's needs
How many members is there in the Kodawari community? And what is the average ticket invested by members?
As of today, ㊙️ Kodawari's community is made of over 100 business angels. We request that BA have the capacity to deploy checks of at least 10k€ per investment.
For Startups 🌱
What is the process for startups to apply to be featured in front of our pool of Business Angels?
We are simplifying as much as possible the process for startups to apply and get featured in front of qualified Business Angels and we are streamlining how BAs can contact founders. We only share information you are willing to share and keep confidential your deck and other sensitive data. In order to apply, just fill this form (about 20min) and we will let you know if you are selected to be featured in our one our Angel Brief
Is Kodawari free for startups?
Yes! Most traditional Business Angel clubs take a success fee on the money raised by a startup and therefore, are free for Business Angels, but expensive for startups who end up with a fraction of the amount they raised. We are doing the opposite by having a business model based on BAs subscriptions allowing us to keep it fully free for startups
What are our investment criteria?
Stage: Pre-Seed and Seed Vertical: Agnostic Development Stage: From MVP to early traction
Who are our Business Angels?
We focus on tech founders and early employees of successful companies in Europe interested in investing in promising early stage European startups. Through Kodawari, we hope to also encourage new types of individuals to learn about angel investing and support founders.
Are my information confidential and safe?
Yes! For the application we require a granular level of information about your startup including your deck. However, we use this information solely to choose the best startups to feature and share only the non-sensitive data to Business Angels for them to contact you. If they wish to ask further details or access to your pitch deck, they have to request it directly to you as Kodawari will not share these sensitive information on their behalf.