Stratulat Albulescu advises GapMinder Venture Partners and DayOne Capital on their joint investment in AI driven start-up Soleadify

The financing round, one of the largest seed-round to date this year, was led by GapMinder Venture Partners (a Venture Capital Fund, targeting IT Software and Services start-ups in Romania and Central Eastern Europe) and DayOne Capital (an early-stage technology investor, managing privately financed funds) and included a number of angel investors.

Soleadify (www.soleadify.com) is a startup that uses machine learning to create profiles for businesses in any industry. The first of the company’s products is a business search engine that keeps over 40 million business profiles updated, currently used by hundreds of companies in the United States of America, Europe and Asia for sales and marketing activities.

The USD 1.5 million will be used by the company to fuel further research and development of their technology and also grow their marketing and awareness programs.

GapMinder is a Venture Capital Fund which aims at providing capital for local early stage start-up companies in the Technology Sector focusing mainly on preliminary and first phase financing, Seed and Series A rounds.

DayOne Capital is a leading independent early-state Venture Capital Fund whose mission is to back technology-driven companies and guide them to global markets by leveraging their complimentary corporate and investor experience. DayOne Capital seeks to find and join the most exciting Central Eastern European teams on their global mission.

The Stratulat Albulescu team was coordinated by VC focused Managing Associate Cristina Man and supported closely by Associate Roxana Ioncu and also included Managing Associate Anca Ulea, who dealt with all Employment related issues.

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