Beez
The business, the turning points, and the decisions behind them.
Some sections are still being researched2 / 4
Sections to complete：02 · 05
01 / WHAT IT BUILT
What the company did
Beez was a Romanian fintech company founded in 2018. It billed itself as 'the new and better way to shop': through a website and app, Beez intermediated online purchases, combining a savings platform and smart-spending tools with financial education aimed at improving users' financial behaviour and well-being. The company had about 22 employees and raised roughly $1.65 million across five rounds, from pre-seed investments by Gapminder Ventures in 2018, through seed rounds of €250,000 and €1.2 million in 2019 led by Gapminder Ventures and ROCA Partners, to an undisclosed Series A led by Octavian Patrascu in September 2021.
02 / FAILURE REASONS
Material for this section is being gathered and checked. It will appear here once ready.
03 / EVENT HISTORY
Events in the structured record
- Founded in Romania
Beez was founded in 2018 in Romania, backed by Gapminder Ventures in two €100,000 pre-seed rounds.
- Seed rounds
Beez raised a €250,000 seed round in June and a €1.2 million seed round in December 2019, led by Gapminder Ventures and ROCA Partners.
- Series A
Beez closed an undisclosed Series A led by Octavian Patrascu in September 2021, its fifth and latest funding round.
04 / CONTEMPORARY REBUILD ASSESSMENT
Difficulty of rebuilding this project today
Material for this section is being gathered and checked. It will appear here once ready.
Overall assessment: Not completed
05 / CAUSAL CHAIN / AFTERMATH
Material for this section is being gathered and checked. It will appear here once ready.