Utrecht-based business-in-a-box startup Vev has raised €5 million in a funding round provided by Notion Capital and Point Nine Capital. Founded by former Apple employees, the startup helps would-be startups, well, start up.
In contrast to last week’s Jeff, which offers a handful of turnkey operations, although admittedly goes deeper into each one, Vev claims to have services on tap that will help startupers in any one of 100 different business types, offering “all the tools they need to start trading”.
“Starting a business can be overwhelming, which causes potential entrepreneurs to stop before they've even begun. That’s exactly what we want to change at Vev,” explained Vev CEO, co-founder, and former Senior Software Manager at Apple, Michel Elings. “We have created the first platform that people can run any type of business on. We are still building out our catalog of business types, and we will work with a founder in any industry to support their business.”
According to Vev, their service is filling a vital gap, noting a UK study that demonstrated that 28 percent of would-be entrepreneurs were put off launching a business because of the complexity involved with starting a company.