The French fintech is embarking on a crowdfunding campaign on Crowdcube with a ceiling of one million euros.
Goodvest, a Parisian fintech specializing in savings solutions, announced on June 8 that it had raised two million euros in seed from Super Capital VC as well as business angels Benjamin Gaignault from Ornikar, Julien Callede from Made.com and even from Dimitri Farber from Tiller. A round table concluded between the months of February and April 2022 and which bridges a crowdfunding campaign whose pre-registration also opens this June 8 on the Crowdcube platform.
For the time being, the company intends to focus on recruitment and has already spent a third of its fundraising to attract five new profiles to the positions of head of growth, sales and development.
The main objective of the fundraising is the launch in the summer of 2022 of the Goodvest Kids offer, life insurance for minors aged at least twelve whose pre-registration campaign was launched last March. 300 requests have been registered to date. The contract meets the same requirements as a classic subscription, except that it requires the signature of both parents. Questionnaires available on the site will make it possible to propose investment themes in accordance with the values of the child… or the parents.
To avoid falling into green washing, Goodvest has entered into a partnership with the data provider Carbone 4 Finance, a subsidiary of the French consulting firm Carbone 4. A partnership that allows the company to analyze the footprint of potential investment funds. investment on both their direct and indirect emissions. Goodvest offers life insurance portfolios with expected returns ranging from 3.72% to 10.75% for the most adventurous investments.
“We have not set a goal for crowdfunding, we will advise based on the number of pre-registrations,” says Joseph Choueifaty, CEO and co-founder of Goodvest. This collaborative approach is subject to an entry ticket of ten euros. The idea being to avoid the risk of capital dilution, the CEO told the JDN that this fundraising would not exceed one million euros. Concretely, potential investors will become shareholders of Goodvest under the same conditions as those entering the seed. This form of collaborative participation has recently experienced some bad publicity (lifting of Bricks), transparency therefore appears to be an absolute priority according to the co-founder. Investing in this phase of crowdfunding will therefore give the right to shares in the company which can be resold either on the Crowdcube platform depending on demand, or on the occasion of a fund raising or a future buyout.