Yeekatee, a Zurich-based startup developing an easy-to-use and free social network for starters and experienced in financial markets, has closed its $1.9 million pre-seed round to bring the app to market and grow the team. Among the group of investors is serial entrepreneur and Avaloq co-founder Ronald Strässler.
Founded in 2021 by a team of experienced entrepreneurs, awarded software developers, and banking knowledge experts, including Ronald Strässler, Kei Nufer, Didier Matthey, and André Pierre Müller, yeekatee aims to become the independent network revolutionising the way people invest and connect. To achieve this goal, the startup is developing an app with powerful investing tools like a near-real-time watchlist and a broad investment universe. the combination of social media and investing features will allow users to link, aggregate, share their portfolios, and discuss insights with the community.
Additionally, the platform offers market insights and investing tutorials provided by the yeekatee community knowledge, experts and institutional partners such as banks, brokers and asset managers. Users can connect and discuss with friends or build up their community of followers. Institutional partners can use yeekatee as an additional communication channel with their clients.
“We are thrilled to be at the forefront of this trend and to offer a platform that makes it easier for people to connect and share their knowledge about investing. At yeekatee, we are committed to helping people make informed and confident investment decisions,” said Co-founder Kei Nufer.
Following the closing of its pre-seed round, yeekatee and its team of 8 employees are ramping up developments to launch the app, for which the waitlist is open at yeekatee.com for subscribers to be the first users with access as of April. Starting in Switzerland, the startup plans to roll out across Europe in early 2024. The round attracted 12 private investors, including four co-founders and Lookthrough’s founder and CEO, Marcel Staub.
“We are proud to have such strong support from our investors as we bring yeekatee to the market,” says Didier Matthey, Co-Founder of yeekatee. “We believe yeekatee will change the future of investing, the way people engage with investing topics and activities. And we can’t wait to see its impact on our users.”
(Press release/RAN)
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