Croatian Company Top Digital Agency (TDA) Is Fil Rouge Capital’s First Investment

TDA
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TDA is proud to announce that they are the first company to receive investment from Fil Rouge Capital, the new Croatian VC fund.

Zagreb, Croatia – 23 August 2019: TDA – A Croatian company, which connects companies and digital agencies worldwide closed the first part of its 8 million kunas second investment round. This investment round was led by the new Croatian VC fund Fil Rouge Capital and Stevica Kuharski. This marks Fil Rouge Capital’s first investment in Croatia since the recent completion of its E45M fundraise.

Fil Rouge Capital is delighted to make TDA its first investment of many more to come. The investment caps an already strong year for TDA. In February 2019, the company was named a Top 50 Global Startup by Startup Grind Silicon Valley. Startup Grind is the biggest startup community in the world. In April 2019, the company raised around 3.1 million kunas in just over 25 hours to become the fastest funded company in the world on the Funderbeam equity crowdfunding platform. Since October 2018, there have been over 260 million kunas worth of projects on the platform. With this investment, TDA is ready to scale rapidly.

We are extremely proud that Stevica and the Fil Rouge team recognized TDA’s potential, and we are excited that we got the chance to be their first investment. We are looking forward to our future collaboration because the mentality and the approach of the FRC team is something that we have been looking for in an investor for a long time. We are happy that this investment gives us financial stability for the upcoming period, so we can focus completely on what we do best – growing our company”, stated Goran Deak, TDA’s CEO and founder.

This investment is additional recognition that this year is one of great success for TDA. The investment comes at a perfect time. To date, TDA has more than 4000 agencies from more than 110 countries. There is no doubt that TDA will with this investment continue to grow and expand their business.

We are very happy to see the years of efforts in our establishment take a concrete turn with our first investment in Croatia. In Goran and the team, we saw a very strong capacity to disrupt the market and this is one of our key investment criteria” says Stevica Kuharski

About TDA:

TDA is the first global marketplace that connects companies and digital agencies. They function as an online dating site, and helps them to connect in 3 simple steps: (i) Companies leave their project; (ii) Agencies see the project and pitch for it; (iii) Companies then decide whether or not to contact the agencies for further discussions. Through this process, TDA makes it possible for any company and any digital agency to meet no matter where they are in the world without needing to leave their office. For more information, visit www.topdigitalagencies.co

About Fil Rouge Capital:

Fil Rouge Capital (FRC) is a VC Fund that invests in Croatian early-stage businesses from pre-seed to Series A rounds through a combination of direct investments and its Accelerator program. FRC’s approach is to target investments that complement the skills and experience of its founders so that they can bring more than just capital to help a business grow. FRC’s founders have core knowledge of technology and services, and an entrepreneurial history that they can bring to the benefit of an investment. They are very well-connected to early-stage eco-systems in Europe and Silicon Valley.
www.filrougecapital.com

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Diana Cokaric
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