What Dozen Investments does

Dozen Investments is a Barcelona-based equity crowdfunding platform authorized and supervised by Spain's CNMV as a European Crowdfunding Service Provider (PSFP) under EU Regulation 2020/1503. Originally founded in 2017 as 'The Crowd Angel' and rebranded in 2021, the company enables retail investors to participate in curated early-stage startup financing rounds alongside established venture capital funds, with minimum investment tickets starting at €1,000. The platform applies a rigorous VC-style selection process, publishing only 2% of the startups it analyzes, and has facilitated 209 investment rounds deploying over €40M across a portfolio that includes Glovo, Swipcar (€30M exit to Cazoo), Skitude (Euronext Growth Oslo IPO at ~€55M market cap), and Parlem Telecom. The platform supports a community of more than 20,000 registered investors.

Dozen's underlying technology is a web-based platform rather than a proprietary AI or algorithmic system; investor capital is channeled through Lemonway (payment services) and contracts are executed via Signaturit (digital signature). The company monetizes across four fee streams: a 6% investment commission charged to investors at round close, a 3.5%–6% structuring commission charged to the startup/promoter, a 1% annual monitoring fee (minimum €4,000/year) on invested capital, and a 15% exit carry on investor profits. The go-to-market is hybrid, combining direct-to-consumer digital onboarding with a community-led engagement model that delivers newsletter updates, quarterly portfolio reports, and lifecycle accompaniment from investment through exit.

Dozen serves two primary customer segments: retail investors (both experienced and non-experienced, with specific evaluation and 4-day reflection periods mandated for non-experienced investors committing over €1,000 or 5% of net worth) seeking access to professionalized startup deal flow, and Spanish startups from seed through Series A seeking structured equity or convertible loan financing. Beyond core crowdfunding, the company has expanded into adjacent advisory services, including ENISA loan advisory via Grupo Orbyn and fiscal deduction guidance for investors, and has built co-investment syndicates with specialized VCs across AI, Climate Tech, and EdTech. Partnerships with KPMG, ACCIÓ (Catalonia government), Start4big, and EU ERDF co-financing reinforce its positioning within the Spanish and EU innovation ecosystem.

Name

Dozen Investments

Legal name

Dozen Investments PFP SL

Website

https://dozeninvestments.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Short description

Dozen Investments is a Barcelona-based, CNMV-regulated equity crowdfunding platform that connects Spanish retail investors with curated early-stage startup deals alongside established VC funds, deploying over €40M across 209 rounds to 20,000+ registered investors since 2017.

Ownership category

akta.pro rank

Product category

Equity Crowdfunding Platform

NAICS

Investment Banking and Securities Intermediation (523150), Other Investment Pools and Funds (5259), Portfolio Management and Investment Advice (523940)

SIC

Security Brokers, Dealers & Flotation Companies (6211), Investment Advice (6282)

akta.pro primary industry

Venture Capital Fundraising Placement (FSAEALAC)

akta.pro secondary industry

Early-Stage Venture Capital (Series A/B) (FSANAAAB)

Keywords

• Equity crowdfunding platform
• Startup investment platform
• Venture capital syndication
• Retail investor access
• Startup financing services

Headquarters

HQ city

Barcelona

HQ country

Spain

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Investment Commission (Comisión de inversión): Dozen charges investors a 6% investment commission (excluding VAT) on the amount invested when a funding round is successfully completed. This is a one-time fee levied at the point of capital deployment.
2. Structuring Commission (Comisión de estructuración): Dozen charges the startup (promoter) a structuring fee based on investor origin: 3.5% for investors generated directly by the promoter (previously communicated to Dozen before listing, not previously registered on the platform), and 6% for all other investors. The 6% rate also applies to 'Relevant Investors' with tickets ≥ €100,000. This is a one-time fee charged at round close.
3. Annual Monitoring Commission (Comisión de seguimiento): Dozen charges the portfolio company an annual monitoring fee equal to 1% of the capital invested through the platform, payable in four quarterly installments. The minimum annual fee is €4,000 (excluding VAT). This provides recurring revenue tied to the outstanding portfolio.
4. Exit Commission (Comisión de desinversión): Dozen charges a 15% exit commission (excluding VAT) on the profits earned by investors at the time of exit or liquidity event. For Individual Transactions (defined as transmission of up to 50% of company capital), the fee is paid directly by the investor. For non-individual transactions (transmission of >50% of capital or other liquidity events), the fee is paid through the company as intermediary. This aligns Dozen's interests with investor returns.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels7 records

Core offering

Dozen Investments operates a regulated equity crowdfunding platform (PFP) authorized by Spain's CNMV that enables individual investors to participate in venture capital-style startup investments with minimum tickets of €1,000. The platform curates a selection of early-stage startups (publishing only 2% of analyzed opportunities), structures investment rounds with VC-standard documentation, and provides ongoing portfolio monitoring and exit support. Startups (promoters) gain access to a network of over 20,000 retail investors plus co-investment validation from major European VC funds.

Product overview

Dozen Investments operates as a unified equity crowdfunding platform that connects retail investors with high-potential startups. The core offering consists of the Dozen Investments Platform for discovering and investing in curated startup opportunities, supplemented by the Mi Cartera portfolio management dashboard for tracking investments. Additional services include fiscal deduction guidance for investors seeking tax benefits on startup investments, and ENISA advisory services (via Grupo Orbyn partnership) for startups seeking non-dilutive funding. The platform follows a rigorous selection process, presenting only 2% of analyzed companies, and structures investments with tickets starting at €1,000 to enable portfolio diversification.

Differentiator

Problem solved

Functional benefit

Products and services

• Dozen Investments Equity Crowdfunding Platform
• ENISA Advisory Services
• Fiscal Deduction Guidance for Startup Investments

Quantifiable outcome

• 209 rounds of investment completed across a portfolio of high-growth startups
• +4 more outcomes

Named customers10 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

Partnerships

Five partnerships are on record, tiered minor and core.

• KPMGminorOthersKPMG is referenced as a partner/advisor on the Dozen Investments website footer, suggesting a professional services relationship for audit, financial reporting, or advisory purposes.
• ACCIÓ — Generalitat de CatalunyaminorOthersACCIÓ is the trade and investment agency of the Government of Catalonia, Spain. Dozen is listed as a partner of ACCIÓ, indicating alignment with the regional startup ecosystem support infrastructure.
• Start4bigminorOthersStart4big is a corporate innovation accelerator program. Dozen Investments is listed as a partner of Start4big, suggesting collaboration on startup investment opportunities within the program ecosystem.
• European Union (ERDF)minorOthersDozen Investments displays the European Union logo (ERDF — European Regional Development Fund), indicating partial funding or co-financing from EU structural funds as part of Spain's economic recovery plan.
• SignaturitcoreTechnology or IntegrationSignaturit is the digital signature platform used by Dozen Investments to execute investment contracts, shareholder agreements, and convertible loan documents. All investment formalization is conducted via Signaturit's electronic signature tool, enabling fully online deal execution.

Scale indicators5 records

Recent moves6 records

Expansion highlights6 records

Regional players

• WiSEED: France-based equity and real estate crowdfunding platform operating under AMF/European regulation. Comparable in structure but primarily serves the French market rather than Spain, making it a regional peer.

Emerging players

• Funderbeam: Estonia-based secondary market for startup shares, operating an exchange-like venue for private securities. Adjacent to Dozen's model but focused on secondary liquidity rather than primary crowdfunding.
• Seedblink: Central and Eastern European equity crowdfunding platform enabling retail investors access to vetted tech startups. Smaller scale than top-tier peers but expanding into Western Europe with a similar fractional investment model.

Direct peers

• Crowdcube: UK-based equity crowdfunding platform enabling retail investors to invest in early-stage companies, with a model and regulatory backdrop broadly comparable to Dozen. Operates at significantly larger scale within Europe.
• Companisto: Berlin-based equity crowdfunding platform serving retail investors across the DACH region under BaFin/European regulation. Directly comparable in audience (retail investors), deal format (equity crowdfunding), and regulatory classification.
• Startupxplore: Spanish investment platform connecting investors with startups, operating in a directly overlapping Spanish market and regulatory environment to Dozen.
• Seedrs (Republic Europe): One of Europe's longest-established equity crowdfunding platforms, operating under FCA authorization and similar EU/UK regulatory regime; comparable business model of fractionalized retail investment in vetted startups.
• Bolsa Social: Spanish equity crowdfunding platform authorized by CNMV operating in the same regulatory and geographic market as Dozen, with a comparable audience of Spanish retail investors and startup promoters.

Broad incumbents

• Wefunder: US-based equity crowdfunding platform operating under Regulation Crowdfunding (Reg CF). Operates at much larger scale and provides a reference point for category-level economics, even though the regulatory regime differs.

Others

• Lemon Way: Payment institution serving as Dozen's core fund-handling infrastructure partner for European crowdfunding platforms. Adjacent ecosystem participant — not a direct competitor but a critical enabler of Dozen's regulated operations.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/Dozeninvest
• LinkedInlinkedin.com/company/dozeninvestments

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Profiles5 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments36 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Dozen Investments