Stories and inspiration

Each business using Vestd is unique, so are the ways they use their shares to achieve their business goals.

SPCE

What’s the business?

SPCE allows students to search and pay for University-specific student rental properties, near campuses, without estate agents or crippling deposits.

How does the team use Vestd?

For most early stage startups, finding and paying for talent at time when the business is not cash rich, can be difficult. Vestd has quickened and cheapened our recruitment efforts, by enabling us to subsidise our teams salary with equity. For me, Vestd helped validate the strength of our proposition and illustrate to investors, our teams commitment to our vision. As we approach our next round of funding, we intend to use Vestd as means of illustrating the composition of our business (i.e shareholders) quickly and visually.

Leon Ifayemi from SPCE

As a Founder, I wanted to reward my early stage team with shares, but with conditions attached. It’s been incredibly simple to use Vestd to build my team, and now that we have successfully completed our first major round of funding, we are looking for everyone to share in our success.

Leon Ifayemi, SPCE

Studio Graphene

What's the business?

Studio Graphene is a digital innovation studio. We discover, design and build new digital products across mobile, web and IoT in partnership with startups and corporates.

How does the team use Vestd?

The problem we were trying to solve for when we found Vestd was that the process of giving or receiving shares in a private limited company was extremely cumbersome, expensive and confusing. The “paper based” process that exists today is archaic and is a hindrance for innovative companies operating in the startup ecosystem, when it comes to sharing some of the potential upside with employees and other partners that work with them through their journey. Vestd helped me solve the problem by making it really easy to issue EMI options to my employees. The other really important piece that I think Vestd is particularly useful for and has clearly addressed a real challenge is the ongoing management of EMI options is for the individual employees to be able to view what options they have been awarded via the portal anytime.

Ritam Gandhi from Studio Graphene

My experience with Vestd has been really fantastic. They have an amazing digital experience but have also added great "human" customer service to guide you through the process.

Ritam Gandhi, Studio Graphene

Koodaa

What's the business?

Real-time bookkeeping. Pay or finance bills with a tap. Cash-out pending invoices instantly.

How does the team use Vestd?

At Koodaa, we use Vestd to formalise and manage all the shares we’ve issued to investors. The complexity and amount of time it takes to submit company resolutions and set records straight with company house were getting in the way of taking the business forward. I wanted a solid base from which to build the business but with three rounds of investment and 19 shareholders in total, it was becoming hard to manage. Now everyone has their share certificate and I can clearly see all the information I need on my dashboard.

Kari Honkanen from Koodaa

With Vestd I can rest easy knowing all my records and resolutions are organised, secure and easy to view. Now I can concentrate on taking my business forward!

Kari Honkanen, Koodaa

Read more reviews from our happy customers on our G2 Crowd profile.

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