PLAY PODCASTS
€1M Raised to Protect Your Ecommerce Revenue Operations

€1M Raised to Protect Your Ecommerce Revenue Operations

The SaaS CFO

June 12, 202329m 38s

Audio is streamed directly from the publisher (app.kajabi.com) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.

Show Notes

Revend, an Antwerp, Belgium-based company that provides a SaaS e-commerce tool to defend your e-commerce revenue, raised €1 million in seed funding. Revend protects risks posed against your revenue.

The round was led by Pitchdrive, with participation from Seeder Fund and business angel Pieter Casneuf.

I interviewed Peter Wellens, co-founder and CEO at Revend. Peter is a commercial engineer by trade. He’s founded several companies in the solar and social network spaces. Peter wanted to raise from a position of strength. He landed trial customers that potential investors could speak to.

The funds will be used to hire additional engineering talent and prepare for a full release to the broader market. The company also received a grant from the federal government that supports the development of AI and innovative technology.

  • Founded 2022
  • Staff of 6
  • Pre-revenue
  • 20 trial customers
  • HQ in Antwerp
  • Be capital efficient

Peter Wellen’s LinkedIn: https://www.linkedin.com/in/peterwellens/

SaaS Fundraising Story: https://www.thesaasnews.com/news/revend-raises-1-million-in-seed-round

Join Ben’s SaaS community here: https://www.thesaasacademy.com/offers/ivNjwYDx/checkout

Follow Ben on LinkedIn: https://www.linkedin.com/in/benrmurray

Subscribe to Ben’s SaaS newsletter: https://mailchi.mp/df1db6bf8bca/the-saas-cfo-sign-up-landing-page