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AppFollow raises 750.000 euros from Vendep

Our latest investment is AppFollow with a great product and an excellent team. We got to know very well during the eight months it took to make this deal.

"We had our first meeting with Vendep partner — Jupe Arala — in the mid of September. Both of us had a very positive impression, so we decided to meet once again to discuss things in more details. That’s why few weeks later we had our next meeting with all AppFollow founders on one side & all Vendep partners on the other. We discussed our service, customers, metrics, how we got into that boat, what are our plans and many more.", says Evgeny Kruglov, co-founder of AppFollow.

Read the full story by Evgeny about the fundraising and lessons learned.

AppFollow is Vendep's third investment in a the Startup Sauna Accelerator companies. The others are EzyInsights and PromoRepublic. Vendep Capital's team is among the founders of the Startup Foundation that backs Startup Sauna and Slush among others.

More information

Jupe Arala

General Partner, Vendep Capital



AppFollow tracks changes that happen with the applications in appstores and reports about them via email or Slack. You can as well access all the data in your personal account. Besides this, AppFollow can help with ASO and mobile apps competitive analytics.

Vendep Capital

Vendep Capital Fund invests primarily in Finnish startups offering software to B2B customers. In April 2017, Vendep Capital launched a new €40 million fund aimed at SaaS startups. The fund was raised from Finnish private and institutional investors such as Tesi (Finnish Industry Investment Ltd) and The Finnish Innovation Fund Sitra. The fund may make investments alone or as part of a syndicate.

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