UAE-based Gingo Partners has raised $350,000 for its investor outreach service and startup community platform.
Gingo Partners, an Investor Outreach Service and Startup Community has securied $350k in capital from a group of business angels.
Founded earlier this year by Maria Ivanovam ,Gingo Partners aims to bring diversity and inclusion into venture capital by providing founders from emerging markets tools for fundraising.
The investment will be used to aid its market expansion across the Middle East, Africa and Asia.
This investment will allow Gingo Partners to accelerate its vision of bringing inclusivity and diversity in venture capital and capitalize on untapped opportunities within the early-stage investment in emerging markets. Gingo Partners is focused to drive the community, expand market reach, and enhance its product offerings to meet the evolving needs of startups and investors.
Maria Ivanova, Founder and CEO of Gingo Partners, provided her insights. “Our focus lies on crafting a product that centers around the needs of founders. In an industry largely shaped by investors, it’s notable that the majority of fundraising solutions available have been designed by venture capitalists, for venture capitalists. Despite the digital age, personal networks continue to play a pivotal role in fundraising efforts. This poses a challenge for exceptionally talented founders from emerging markets, who often face hurdles in financing groundbreaking startups. We are building an affordable set of tools to help teams like ours to find resources for their ventures.”
The funds raised in this round will be strategically allocated to several key areas, including:
Investment : Gingo Partners will intensify its investment in launching its investment to support the best teams with their first investment.
Market Expansion: The funding will support Gingo Partners’ expansion into new markets and territories, such as the Middle East, Africa, and Asia.
The Community: The investment will be channeled into strategic community management and content creation to provide startups with the most essential fundraising tips.