Tech Company Financing Transactions
Evrotrust Funding Round
Bulgarian Development Bank Group participated in a $2.7 million funding round for Evrotrust. The financing round was recorded on 2/21/2023.
Transaction Overview
Company Name
Announced On
2/21/2023
Transaction Type
Venture Equity
Amount
$2,655,000
Round
Undisclosed
Investors
Bulgarian Development Bank Group (Lead Investor)
Proceeds Purpose
The company's mission is to help businesses and government institutions digitize their services, making them more efficient and accessible to the end user. Having consolidated its core market in Bulgaria, Evotrust is now fully committed to its expansion into high-growth European markets.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
251G Okolovrasten Pat Str
Sofia, Undisclosed
Bulgaria
Sofia, Undisclosed
Bulgaria
Phone
Website
Email Address
Overview
We started Evrotrust because we realized something that the rest of the world hasn't figured out yet. Physical ID cards, the foundation of identity in global society, and paper documents, which are the blood flow of doing business today, are dinosaurs whose days are numbered. We know that for the society to truly benefit from converging technologies, trust is required as a catalyst to facilitate the exchanges of goods and services in this new virtual world.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Konstantin Bezuhanov
Browse more venture capital transactions:
Prev: 2/21/2023: AeroCloud venture capital transaction
Next: 2/21/2023: GovForce venture capital transaction
Share this article
News on VC Transactions
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs