Key Data

• Trading Name: Tokenize.it
• Legal Entity: Tokenize.it Gmbh
• Activities: Blockchain-based fundraising
• Location: Germany
• Regulations: not rewquired for this Business
• Key People: Christoph Jentzsch

Tokenize.it is a German-based platform founded in 2022, specializing in blockchain-based fundraising, crowdfunding, and cap table management solutions for startups. The company offers a non-custodial platform that enables German startup companies to raise funds efficiently.

Offering

• Continuous Fundraising: Tokenize.it allows startups in Germany and Austria to raise capital continuously from various investors, including business angels, friends, family, fans, and customers. The process is entirely digital and legally compliant, eliminating the need for notarization.

• Virtual Shares via GmbH Tokens: The platform facilitates fundraising through virtual shares securely registered as GmbH tokens on the blockchain. These tokens provide investors with standard profit-sharing benefits without granting voting rights, enabling companies to grow without relinquishing control. Additionally, tokens can be easily transferred, sold, or converted to registered shares in the future.

• Employee Participation: Tokenize.it offers a streamlined approach to employee profit-sharing programs, serving as an alternative to traditional ESOP/VSOP models. The platform allows for easy setup and management without the need for a notary, providing benefits such as tax optimization, dividend advantages, and potential liquidity.

Funding

In September 2023, Tokenize.it secured a seed funding round of $2.14 million, with participation from investors including High-Tech Gründerfonds (HTGF), seed + speed Ventures, and w3.fund.

Leadership

The company is led by founder and CEO Christoph Jentzsch.

Customer Reviews

Google: 5 Stars with 1 Review

Online Reputation

Tokenize.it enjoys a strong online reputation for revolutionizing corporate financing in Germany through blockchain-based security tokens. Its platform is praised for efficiency, security, and transparency, with positive feedback from investors like Business Angel of the Year 2022, Thomas Schmidt. A ConsenSys Diligence audit in 2023 reinforced its commitment to security, and its open-source smart contracts reflect a transparent approach. With growing industry recognition, Tokenize.it is seen as a reliable and innovative solution for startup fundraising and employee participation.

Partner

Tokenize.it has established partnerships with several prominent investors and organizations to enhance its platform and services. Notable partners include:

• High-Tech Gründerfonds (HTGF): A seed investor that finances tech startups with growth potential.

• w3.fund: A Berlin-based venture capital fund composed of Web3 experts and serial entrepreneurs, focusing on early-stage startups utilizing blockchain technology.

• seed + speed Ventures: A pre-seed and seed venture capital firm focusing on B2B and enterprise software startups in Germany, Switzerland, and Austria.

Serving Industries

Tokenize.it primarily serves German and Austrian startups looking for a digital, blockchain-based fundraising solution. Their platform enables GmbH (Gesellschaft mit beschränkter Haftung) companies to raise capital efficiently through security tokens. The main user groups include:

• Startups & Founders: Seeking continuous fundraising without complex legal hurdles, enabling them to issue virtual shares as GmbH tokens.
• Business Angels & Investors: Individuals looking for easy and legally compliant investment opportunities in early-stage companies.
• Employees & Team Members: Companies use Tokenize.it to offer profit-sharing programs as an alternative to traditional ESOP/VSOP models.
• Friends, Family & Fans: Supporters of startups who want to invest smaller amounts and participate in the company’s success.

Conclusion and Rating

Risk Assessment:

• Financial Stability: Tokenize.it has secured seed funding from reputable investors, indicating a solid financial foundation.

• Operational Practices: The platform’s use of blockchain technology and smart contracts enhances security and efficiency in fundraising processes.

• Market Reputation: Positive feedback from users and industry recognition suggest a trustworthy standing.

Compliance Assessment:

• Regulatory Adherence: Tokenize.it operates within the legal frameworks of Germany and Austria, ensuring compliance with regional regulations.

• Transparency: The platform’s open-source approach to smart contracts demonstrates a commitment to transparency.

Overall Rating:

Based on the above assessments, Tokenize.it aligns well with RatEx42’s criteria for a low-risk and compliant financial service provider.

Risk Dimension: Green (Low Risk)

Compliance Dimension: Green (Compliant)

This evaluation indicates that Tokenize.it is a reliable and secure platform for startups seeking innovative fundraising solutions.