The company was set up in 2015 by Nicolae Buldumac, a specialist with ten years of experience in sales and marketing in the UK, and Vitalie Aremescu, a specialist with 13 years of experience in IT in the Republic of Moldova.
The company is set to sell as much as 10% of its stock on crowdfunding platform SeedBlink, being thus valued at EUR17 million.
The platform provides public information to over 350,000 users monthly and has more than 100 active corporate clients.
Forecasts for 2021 point to revenues of $1.2 million against $700,000 last year. Until 2020, Global Database grew organically, without foreign investments. The project was exclusively funded by its founders.
The company’s development plans for the next two years include the launch of new marketing and risk assessment tools and opening sales offices in the UK, the US and Singapore.
(English version by Catalina Apostoiu)