Raison is developing an artificial intelligence application for financial management, including investments, personal funds and crypto assets. The app also allows you to invest in large companies that have not yet gone public. The startup was founded in 2017 by Russian entrepreneurs Alexander Zaitsev, Andrey Kononykhin and Andrey Berezin, and is registered in Estonia. The company has an office in Moscow.
History
2020: Raising €125,000 investment
On November 11, 2020, it became known about the attraction of 125 thousand euros of investments by Raison, which, according to the results of the closed round, was estimated at 2.5 million euros. An angelic investor has invested in the startup, his name has not been disclosed.
For three years of operation, Raison received a total of 1 million euros of investments. For what purposes it is planned to spend the funds raised in November 2020, the company does not say.
Raison notes that the startup has developed a legal structure for digitizing shares in private companies: the register of investors and all securities transactions are conducted on the blockchain. This reduces business costs and allows for a low entry threshold for investors, the company says.
The structure of digitization of shares meets the requirements of the legislation of the European Union. The company operates under a virtual currency service license. The structure also involves a regulated fund and an investment management company licensed by the US Securities and Exchange Commission (SEC).
 | Our startup is moving into the scaling stage: we have a unique product, more than 5 thousand users - their number is growing by 40% monthly - and a clear development strategy. We recently passed the reference point: we sold the entire volume of SpaceX shares - the first company from our portfolio, - said the co-founder and CEO of Raison Alexander Zaytsev, adding that by the end of November 2020 it is planned to launch tokenized shares on the secondary market.[1] |  |
Notes
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