Arviem raises CHF 1.35 Million from investiere, Swisscom Ventures and ZKB

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16.12.2013

Arviem, a Zug-based start-up providing global cargo monitoring services, announces the successful closing of a CHF 1.35 million financing round. To raise this amount, arviem partnered with the online startup-investmentplatform investiere. About half the funds raised were provided by private business angels from the investiere-community. The other half came from investiere’s co-investors Swisscom Ventures and Zürcher Kantonalbank.

Typical for investiere investment rounds, the online investment platform provided a private lead investor. This lead investor, who contributed close to 20% of the capital raised in this round, performed complementary due diligence and shared his findings with all the coinvestors.

Investiere was also given a demanding syndication mandate and was able to bring Swisscom and Zürcher Kantonalbank on board as co-investors. Investiere structured the deal, shared its due diligence findings and coordinated between all the parties involved, once again proving its ability to find the best opportunities and its dedication to state-of-the-art deal structuring that benefits all the parties involved.

The financing round was significantly oversubscribed on investiere’s online platform. Therefore, only investors with the biggest strategic value to arviem were able to participate. Investiere co-founder Steffen Wagner explains: ‘‘It is our policy that entrepreneurs should be able to pick the best investors, not necessarily the richest. We pride ourselves on our impressive investor community, many of whom want to share their experience, know-how and networks with the startups they invest in.’’

The funds raised will allow arviem to reach profitability this year. arviem will further invest in its core value proposition, namely data analytics. Moreover, front office processes will be enhanced so that an accelerated growth strategy can be realized.

Arviem provides its well-known blue chip clients such as DOW Chemical, Nestlé, Bacardi and Hellmann Worldwide Logistics with a real-time end-to-end cargo monitoring service which empower its clients to optimize their supply chains. Arviem’s clients receive accurate realtime data and analytics on their cargo shipments and can therefore take critical decisions and reduce costs dramatically.

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