SeedBlink
Jeszcze bez oceny
- Poziom ryzyka
- Wysoki
- Ryzyko a zwrot
- Średni
- Już od
- €2,500
Pytania o inwestowanie? Zapytaj przewodnika AI.
Cześć! Jestem przewodnikiem AI Crowdinform.
Zaloguj się za darmo, aby pytać przewodnika AI o platformy, projekty i swoje plany.
Odpowiedzi pochodzą ze sprawdzonych danych Crowdinform. Informacja, a nie osobiste doradztwo inwestycyjne.
Szukam… Coś poszło nie tak. Spróbuj ponownie. Pozostałe pytania dziś: {n}Zbiórkę zakończono 10 Wrz 2026. Strona pozostaje dostępna w celach informacyjnych; podobne otwarte projekty znajdziesz poniżej.
Rumunia
Platforma szacuje 3–5×
Zwykle tylko wtedy, gdy spółka zostanie sprzedana lub wejdzie na giełdę. Szacunki są wyłącznie twierdzeniami platformy.
Ryzyko utraty kapitału. Większość startupów upada; szacunki są wyłącznie twierdzeniami platformy. Udziały trudno sprzedać przed wyjściem z inwestycji.
Nasza AI daje temu projektowi 50 na 100 punktów: Średnia. Jak działa ocena AI
Informacje, a nie osobiste doradztwo inwestycyjne. Ocena AI dotyczy dokumentów publikowanych przez platformę, może być błędna i nie przewiduje zysków.
The company behind the UNTOLD music festival in Cluj-Napoca, Romania — a four-day event that sells tickets, sponsorship, food and drink and travel packages to several hundred thousand festival-goers each August — and which is trying to build a group of festivals in other cities and countries.
Sector: Live entertainment — music festivals · Stage: Listed as "Seed"; operating profile is growth-stage (ten editions, €28.7m flagship revenue) · HQ: Cluj-Napoca, Romania · Raise: €300k minimum · €450k target · €1.5m maximum (convertible loan via SeedBlink, closes 10 Sept 2026)
|
1 · Is the price fair? 💶 |
3 / 5 — Stretched but arguable. The loan converts at a company value of up to €50m. On the festival's own 2025 profit before group costs (€5.6m), that is about 8.9 times profit — below the roughly 15–20 times at which the listed leader Live Nation trades (multiples.vc / GuruFocus, 2026) and close to the 10.8 times paid for the European festival group Superstruct (KKR, 2024) and the 10.1 times of CTS Eventim (2026). Measured after the group's own overhead (€3.6m) it is about 13.9 times, above the two private and European benchmarks; and the €50m figure is for the whole group while the profit figure covers one festival and ignores the holding company's own debts. |
|
2 · Can they reach an exit stage? ⭐ |
AI SCORE 50 / 100 — Capped — deal terms. On the operating evidence alone the company reads in the Average band (66): the strongest evidenced precondition is a ten-year, publicly verifiable festival ranked third in the world with attendance that has grown from 240,000 to over 470,000. The score printed is 50 because the loan terms let the founders buy the loan back at any time for your money plus 15% a year — capping what you can make no matter how well the business does. The biggest gap in the evidence is the group as a whole: the pack shows one festival's profit and the holding company's ledger, not the group's combined results, cash or debt. |
|
3 · If they do, what could it pay? 🎯 |
Target 3–5x over 3–5 years (standard expectation for a growth-stage company; the company states no return target of its own). Contractually, the loan pays 10% a year simple interest until it converts. If an exit were reached, illustratively 1.5x–2.8x before fees and future dilution — from the company's FY27 planned flagship profit of €7.0m valued at the 10.8x (Superstruct/KKR 2024) to ~20x (Live Nation 2026) sector multiples, set against the €50m conversion value. If the founders exercise their buy-back option, the outcome is fixed at your money plus 15% a year (about 1.45x after three years). Most early-stage investments return little or nothing. These figures do not include dilution from future fundraising rounds, which would reduce an early investor's share and actual returns — see the dilution section for how this works. |
How to read the score
|
85–100 · Excellent |
All key preconditions for reaching an exit stage are evidenced and strong — rare at this stage |
|
70–84 · Good |
Preconditions largely in place, with specific gaps — named in the questions section |
|
50–69 · Average |
Meaningful preconditions missing or weakly evidenced |
|
30–49 · Weak |
Several core preconditions absent, or the evidence points against them |
|
1–29 · Critical |
Fundamental preconditions are not visible in the evidence |
|
Capped — deal terms |
Printed instead of the band label when the investment terms themselves cap what an investor can earn, whatever the company achieves |
|
What we could check. We verified against public sources the company's registration and ownership (Romanian trade register), the DJ Mag world ranking, attendance at the Cluj, Dubai and Bucharest editions, the Dubai partnership, the 2023 Mozaik Investments investment, the founders' history and the status of the paused Neversea and cancelled Kapital 2026 events — 18 claims checked, none contradicted. The festival's revenue and profit figures, the group's overall cash and debt position, and who receives what on a sale rest on the company's own materials — see the questions section. Your money is locked in. Crowdfunding investments normally cannot be sold early — expect your money to be tied up for several years, until the company is sold or a similar event happens; here the loan itself runs 36 months and cannot be repaid on request. |
Three answers, one honest note. The fairness score says whether the entry price is supported by the sector benchmarks we could find. The AI Score is our read on whether the company has the preconditions in place to reach a stage where a sale or similar event can happen — it audits readiness on the disclosed evidence; it is not a probability of success, and even companies with every precondition in place fail more often than they succeed, which is why crowdfunding only works as a small part of a diversified portfolio. The potential returns range is an illustration of what a successful exit could pay, built from named sector benchmarks — not a forecast. Where something was not in the pack we reviewed, it did not lower any score; it appears in the questions list instead, so you can ask the company directly before investing. The listing was reviewed by SeedBlink, a licensed crowdfunding platform, before going live; where a fact could exist outside the pack (interviews, webinars, the company's data room), we say so rather than assume the worst. Nothing in this memo is a recommendation.
|
✅ Three reasons to look closer |
⚠️ Three reasons for caution |
|
Pełna analiza obejmuje pożyczkobiorcę lub spółkę, zabezpieczenie, przepływy pieniężne, ryzyka i werdykt. Zaloguj się, aby ją przeczytać.
Informacje, a nie osobiste doradztwo inwestycyjne. Ocena AI dotyczy dokumentów publikowanych przez platformę, może być błędna i nie przewiduje zysków.
Zaloguj się, aby zapytać AI o dokumenty tego projektu.
Zaloguj się👍 Tak · 0 👎 Nie · 0
Jeszcze bez oceny
Sowefund
Cel: €9m
Sowefund
Cel: €600k
Sowefund
Cel: €750k