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Friday | March 5 | 2021

Romanian startup Oveit to open a SAFE financing round on SeedBlink

Oveit, the company that brought Live Stream Shopping to Romania, through its own technological solution Streams.live, opens a round of SAFE financing on SeedBlink, the equity crowdfunding platform.

The company aims to attract 400,000 euros from private investors interested in technology, but also from individuals who seek to invest their capital.

The current SAFE (Simple Agreement for Future Equity) investment, which the company aims to attract, has a 32% discount and represents an opportunity for individual investors who can participate with vouchers with a minimum value of 2,500 euros.

The SeedBlink campaign starts on January 21st  and lasts 30 days.

The company aims to expand its operations in the United States, where it has already been operating for 3 years, in Austin.

Oveit’s plans for the next 5 years are for Streams.live, the solution that brings the experience of offline shopping in the digital environment.

The Live Stream Shopping market has a huge potential and is projected to reach $ 1 billion in 2019 to $ 320 billion in 2023 in the United States alone, and $ 474 billion in China.

Following its launch in October, major brands such as Renault Group, L’Oreal, Vodafone and Medlife have already begun adopting Streams.live technology, developed by Oveit.

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