21st March 2017, Belgrade – South Central Ventures is happy to announce its 8th investment so far in CUBE, a leading business information company in Serbia. This investment round is intended for further development of their innovative business data platform and is the largest investment in a Serbian company made by ENIF so far.

The global business information market is a large market projected to grow at a sustainable rate of 5.2% on an annual basis, reaching a value of USD 45 billion in 2021 (Technavio).

Cube’s cutting edge business information platform will provide a one-stop-shop for access to both financial and digital performance of companies, in a much faster way, from reliable sources and with the ability to compare among each other.

Their solution B2B Online uses available business data in order to create a valuable source of easily accessible information for mass usage among all professionals, not only those with financial background. Big data science, machine learning and smart blending of financial and soft data, will make the platform act as a live organism, learning and growing to become an irreplaceable source not only for sales or HR but students and researchers as well.

»We are aware of the rapidly growing need for data availability and customers’ data-driven decisions. That’s why after on-boarding more than 1,000 clients from diverse business sectors, we are moving towards a more universal platform that makes us more than just a premium financial data provider. At the same time becoming attractive to investors and to software developers who are looking to work on interesting projects and  a brand new solution that is designed and created exclusively by us. SCV international network and their investment will enable us to grow stronger and faster. We are grateful and excited about this. « – stated Marko Radojičić, CUBE co-founder.

CUBE’s business philosophy and comprehensive approach “data to the people” not only to financially savvy individuals, was recognized for its potential of regional and international expansion as a FinTech company.

CUBE Risk Management Solutions was founded in 2012 by Marko Radojičić and Milan Popadić. The company is more than a premium business information provider. It enables risk assessment, reporting and monitoring services, market analysis, competition and trade intelligence, as well as sales tools to a large number of companies active in Western Balkans. CUBE staff counts 30 highly skilled professionals who come from a broad range of backgrounds and have extensive experience in a variety of fields and industries.

»Business decisions are becoming increasingly data driven and companies are looking for ways to be better informed about opportunities and risks. Cube is addressing this problem and enables their clients to streamline processes in sales, risk management and compliance. I was impressed by the Cube founders’ ability to execute and am keen to see the company further grow in the region.« – stated Jan Kobler, Managing Partner, SCV

South Central Ventures (SCV): South Central Ventures (Enterprise Innovation Fund – ENIF) is a €40 million Fund, dedicated to investments in startups, small and medium tech-companies in Western Balkans. Investors in the Fund are diverse ranging from international financial institutions, such as EIF, EBRD and KfW to regional corporations, individual investors and regional governments. ENIF aims to support the startup system in the region, and help founders daring to bring their businesses to global markets.

 

 

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