Romanian platform Global Database targets EUR 1.4 million on SeedBlink

Nicolae Buldumac, CEO & Co-Founder of Global Database.and Vitalie Aremescu_ Co-Founder & CTO
Nicolae Buldumac, CEO & Co-Founder of Global Database.and Vitalie Aremescu_ Co-Founder & CTO

Global Database, an aggregator of private and public company information, aims to obtain a funding of 1.4 million euros on the crowdfunding platform SeedBlink.

SeedBlink campaign started today, August 26, the round being supported by two private investors with experience in IT.

Funds will be used to develop the solution, invest in marketing and hire sales specialists for the US and the UK.

The company is to sell a package of up to 10% of the shares, being valued at €17 million.

Information about over 120 million companies, structured and aggregated from 195 countries

Global Database gathers information from over 120 million companies worldwide, providing structured and up-to-date data.

The platform includes contact details about companies, financial reports, who are the final beneficiaries, credit risk information, daily alerts.

Most of the information is gathered from official sources, combined with public sources and partnerships with strategic data providers to provide an overview of companies globally.

The platform offers public information to over 350.000 users/month and has over 100 active corporate clients.

Global Database was created in 2015 by Nicolae Buldumac, a specialist with ten years of experience in sales&marketing in Great Britain and Vitalie Aremescu, a specialist with 13 years of experience in IT in the Republic of Moldova.

The company has clients including American Express, Dupont, Vodafone, British Council, WWF, Salesforce, SAP, Edendred, 3M, Embassy of Canada, Embassy of Spain, Getty Images.

For this year, the company estimates revenues of $ 1.2 million compared to $ 0.7 million last year.

By 2020, Global Database has grown organically from year to year, with no foreign investment. The project was funded exclusively by the founders.