French startup Roundtable has raised a $3.2 million (€3 million) funding round from a hundred business angels. That’s quite a large group of individual investors — but that’s because Roundtable runs an angel investment platform for European startups. Backed by eFounders, the company takes care of the administrative, legal and financial processes involved with startup investments.
Roundtable isn’t the first investment platform focused on startup investments. In particular, AngelList popularized the concept of group investments with AngelList Syndicates. Essentially, an angel investor brings an investment opportunity to the platform and other angels can follow the lead angel on a deal-by-deal basis.
AngelList isn’t the only company facilitating startup investment. For instance, in the U.K., Seedrs...