Prevego, an Estonian startup focused on digitalizing raffle processes, secured a €140,000 investment led by Kayacan Ventures, boosting its valuation to €1.5 million.
Target Information
Prevego, an innovative startup headquartered in Estonia, specializes in digitizing the raffle processes for businesses and brands. Recently, the company announced that it secured a €140,000 investment led by Kayacan Ventures. This funding has allowed Prevego's valuation to reach €1.5 million.
With a focus on loyalty management, Prevego offers solutions for both physical and digital raffle campaigns through QR code technology. The startup is planning to launch its mobile application in the early months of 2025, which aims to streamline the raffle processes for users and enhance loyalty engagement.
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Industry Overview
The digital loyalty management industry is experiencing robust growth, particularly in Estonia, where technological advancements are rapidly transforming
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Maxis Innovative Fund → Co-one
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Kayacan Ventures
invested in
Prevego
in 2024
in a Seed Stage deal
Disclosed details
Transaction Size: $0M
Enterprise Value: $2M
Equity Value: $2M