Set up in 2016, the startup has reached total investments of EUR3.5 million.
“We will start talks for a new funding round relatively soon. The round will be a mixed one,” said Cosmin Curticapean, co-founder and CEO of iFactor. He added the targeted sum has not been set, yet.
iFactor has so far had a single funding round, carried out last year, which amounted to EUR1 million. The round was led by local investment fund Roca X, as well as an equity crowdfunding campaign on Seedrs, one of largest online investment platforms in Europe.
The startup plans to triple its revenues this year, to around EUR600,000.
(English version by Catalina Apostoiu)