The listing takes place Tuesday, Oct 20, and the financing round will be led by investment fund GapMinder.
For the EUR150,000 targeted, Apiary Book co-founders put up a stake of 10.34% in the company.
Launched as a personal project in 2015, the app became a business in 2018, when Iordache was joined by Ionut Taranu.
The app currently has 22,000 active users a month and has been downloaded more than 160,000 times. The co-founders plan to reach 50-60,000 users by the end of 2021. They also estimate revenues will grow from EUR10,000 this year to approximately EUR250,000 in 2021. The company has been generating revenue for around six months from subscriptions and advertising.