Frequently asked questions for startups


We bring business angels and startups closer together by providing a clear investment portfolio overview for the one, and an easier, centralized reporting experience for the other.

Angels sign up and add their startups. Startups will then receive quarterly status update surveys from us via email.

These surveys are designed to require minimal effort from your side, and should only take about 5 minutes to fill out. By answering these surveys 4 times per year, angels can maintain a clear overview of your company without needing to constantly ask you for more information.

Mature startups often have established reporting tools and routines with their VC investors.

We make status updates more convenient, as you don't need to setup your own reporting standards or complex procedures. Simply think of it as a quarterly email from your angel to get a quick update on your progress. You support your angels, build trust and transparency, and make startup investing more attractive to them.

In total, our 4 surveys take you less than half an hour per year to keep all your angels happy and informed - not bad, right?

So far, we have focused on developing features for angels. However, we have a roadmap full of features just for startups. In the meantime, you can still benefit from our angel-specific features.

If you're a young startup, we might provide you with a sufficient set of features to cover all your reporting needs, as our surveys cover the most important information you need to share. It's also the perfect corner stone for more complex reporting in the future.

More mature startups can easily manage relationships with all of their angels from one place. Don't waste time on multiple reports; keep all your angels happy with a single quarterly update. 

Our one-stop approach also builds trust and transparency between you and your angel, establishing a track record of reliability which will come in handy during later funding rounds or future projects. 


You will receive only 4 status update requests via email per year. Each survey takes around 5 minutes to answer. In case nothing has changed (e.g. no new fundraising) you can simply confirm the old data. You only need to fill out one survey for all of your investors.

Being prepared makes everything easier, although you can start the survey again anytime. Please bring along your latest financial information on revenues, cash flow and EBIT. In addition, you will need information about your cap table and your angel's investment.


IMPORTANT: You are free to select the last available month of your financial data. This way you don't have to wait on your accountant.

We only ask for general financial and cap table information in monthly, yearly, and year-to-date entries.

On average it takes startups about 5 minutes to answer the initial update survey. If you do not have all your information ready at hand it might take a bit longer.

To play it safe, you should plan around 15 minutes for your first survey. However, subsequent surveys take less time to answer, since you are able to confirm historical data if nothing has changed since the last survey.

You will receive only 4 update survey requests per year. In case you do not answer the request, we will remind you in fixed intervals about the survey. If a new angel joins, you will have to verify them and add some basic cap table information about their investment.

No, you will only have to verify the investor and add their individual cap table and investment information.

The angel will be able to access your historical reporting from the date of their first investment, without any additional effort on your part. 


You can remove an angel at any time in the settings menu. You are also able to exclude specific angels in each of the surveys that you receive.

At the moment, it is only possible to invite them, since angels might have to pay to use the offered services (depending on their portfolio size).

No. The use will always be free of charge for startups, no matter what features we develop in the future. 

Safety & data protection

Your data can only be accessed by you and your verified angels. You can grant and revoke data access to your angels at any time, and control exactly how much historical data they are able to see.

We designed our services according to state-of-the-art safety standards. Using industry leading managed services and servers located in Germany, the services offered are from the ground up as safe and secure as possible.

You are able to revoke access to your reporting data at any time via the settings menu. In addition, you are able to change access rights in every status update survey you receive.

We know how sensitive your reporting data is, and give you full control over who sees what. Our goal is to make your reporting experience as easy as possible, and that ethos extends to your privacy and data protection as well. You can verify the identity of your angels via their personal email address and revoke access at any time later on. You can also choose the specific dates that your reporting is accessible to each investor. In addition, your data is kept private and will only be used for analytics and benchmarking purposes if you explicitly agree to it (opt-in).​