News – Venture Capital & Private Equity practice
1 May 2017
Cresco assisted Cubigo in the structuring, negotiation and closing of its Series A round of EUR 4 million.
Hasselt-based Cubigo received the funding from a consortium of investors, composed of Dutch transporation firm Transvision and the investment vehicle of Mr Urbain Vandeurzen, VMF.
Cubigo offers an easy-to-use, individually tailored, personal platform with Cubes™ that access a wide range of high quality services from local care organizations to local and regional providers of key services that promote independent living. For non-profits and businesses, Cubigo is a tool to promote communication and consumer engagement with cost efficient services, as desired and decided upon by consumers themselves as their needs change over time.
Cubigo will use the EUR 4 million funding to accelerate international development and attract human capital.
CEO and co-founder Geert Houben comments: “The Cresco team has acted as trusted advisor through this financing round. Their expertise with start-ups, pragmatism when dealing with a series of complexities, as well as their dedication and continuous availability, helped us closing this round in a timely manner, while maintaining a high level of quality. Cubigo is looking forward to continue its scaling process with the assistance of Cresco."
David Dessers, Olivier Van Raemdonck and Glenn L’hoëst constituted the Cresco deal team for this transaction and Cresco continues to advise Cubigo on its business relationships and technology transactions.
More information on this transactions can be found in De Tijd.