Tailored financing for your startup

Beel redefines startup fundraising in Germany and Austria. Whatever your stage or how you want to structure your round — with Beel you raise capital through virtual shares, fully digital, with no notary appointments and no bureaucracy.

Startup fundraising

Close your startup financing digitally — no notary, no bureaucracy

Virtual shares are equity participation rights, developed together with leading law firms: investors are put on an equal economic footing with shareholders but receive no voting rights — they appear in your cap table, but not in the commercial register, and no notary appointment is needed. On that basis, Beel handles your entire financing round digitally: fast, legally sound and without cap-table chaos.

Without Beel

  • A separate contract chased with every angel
  • A notary appointment to make it binding
  • Terms, signatures and wires tracked in email and Excel
  • Weeks between a yes and money in the account
  • A cap table you clean up before the next round

With Beel

  • One process that every investor runs through
  • No notary appointment per investor
  • Documents, signing and onboarding in one flow
  • Days from a yes to funds received
  • A clean cap table that holds up at the next round
Learn more about virtual shares

Who it's for

Who is Beel for?

Founders

Raise tailored & fully digital

Founders who want to raise capital in a tailored, fully digital way — on their own terms.

Financing rounds

Angels, VCs & friends and family

Ideal for financing rounds with business angels, strategic investors and friends & family.

Scale-ups

Many investors & cap-table cleanup

Scale-ups that want to manage many investors efficiently or clean up their cap table.

Fundraising without bureaucracy

How investor onboarding works

Whether business angel, VC or friends & family — you close your deals fully digitally on Beel. You bring your own investors; Beel handles the contract, signing and settlement.

01

Convince investors

Receive requests via our invest-now button, or win investors over at pitch days and other events — however you find your investors.

02

Create an offer

Set your terms individually for each investor — based on our legally sound contract templates.

03

Digital closing

Send the private-offer link to your investor. They run through the process fully digitally in minutes — then you issue them participation rights.

Fundraising · Cap table · Participation

The benefits for your fundraising

No notary

No notary appointment

Onboard investors through virtual shares — with no notary appointment, regardless of the investment size.

Legally sound

Audited templates

Expert-built, legally sound contract templates, optimised for GmbHs and UGs in Germany and Austria.

Flexible

Raise continuously

No more rigid rounds. Close investors whenever you like — on your terms.

Scalable

Many investors, one process

Five or thirty angels through the same flow — with no extra effort per person. Tailor the platform to your fundraising goals.

Liquidity

Secondary market

Virtual shares are transferable via a secondary market — a sell option before the exit.

100% digital

From investment to share

From investment to share allocation: all online, fast and secure — with no bureaucracy.

What founders want to know

How fast can I close an angel round?

From a yes to money in the account usually takes days rather than weeks, because onboarding, signing and payment run in one flow and there is no notary appointment per investor. The exact time depends on how fast your investors onboard.

Do you need a notary to raise capital or transfer shares?

No. With Beel you raise capital using virtual shares (participation rights) – fully digital and without a notary appointment. Later transfers also happen without a notary, because your commercial register entry stays untouched. Issuing them only requires a one-time, unanimous shareholder resolution during onboarding.

What does a financing round cost at the notary – and what does it cost with Beel?

A classic GmbH investment incurs notary and legal fees per investor and per round that quickly run into four figures. With Beel these notary costs disappear entirely: the legally sound contract templates are included, and you only pay the fee for your platform plan.

What is a participating subordinated loan – and how does it differ from virtual shares?

A participating subordinated loan is a loan in which the investor shares in the profit instead of receiving fixed interest and is served on a subordinated basis in the event of insolvency. Virtual shares (participation rights) go further: they put the holder on an equal economic footing with the shareholders — sharing in liquidation proceeds, exit proceeds and dividends exactly like a shareholder — and are digitally tradable.

Do you need a securities prospectus for your fundraising? What does the prospectus requirement say?

As long as you don't advertise your offer publicly, you can approach up to 149 investors – or raise up to €12 million from any number of investors – via a Private Offer without a securities prospectus. If you want to advertise publicly, the Public Fundraise Add-on applies, with the corresponding prospectus-law limits. For this you need a key information document, for which we also provide a template.

How do you keep your cap table clean?

By giving investors virtual shares instead of real GmbH shares – this way no new entry is made in the commercial register and your cap table stays clear, even with many small investors. Existing small stakes held as real company shares can be swapped into participation rights via a cap-table cleanup before a VC comes on board.

Are your company shares tokenized with Beel?

Your company shares remain unchanged. Beel issues virtual shares (participation rights) that are represented – i.e. tokenized – on the Ethereum blockchain. This makes them digitally manageable and, if you enable it, transferable, without touching your shareholder structure.

What does tokenization of assets (asset tokenization) mean?

Tokenization means that an asset – for example a stake in a company – is represented as a digital token on a blockchain. The token represents the rights to that asset and makes it digitally transferable and manageable. Beel uses this to make virtual shares tradable in a legally secure way and without a notary.

What does tokenization of private equity mean?

In private equity tokenization, stakes in non-listed companies are represented as digital tokens. This lowers entry barriers, makes shares easier to transfer, and creates liquidity in an otherwise illiquid asset class. This is exactly what Beel enables for German and Austrian startups – through virtual shares and its own secondary market.

Which companies can raise capital through Beel?

Any operationally active GmbH or UG based in Germany or Austria. This applies not only to startups but to companies of any size that want to raise capital digitally and without a notary.

How much capital can you raise through Beel?

There are two ways. Without public advertising, it runs via a Private Offer: you can either raise any amount as long as you stay below 149 investors, or raise up to €12 million from any number of investors. As soon as you want to advertise your offer publicly, the Public Fundraise Add-on applies, letting you raise up to €8 million.

Is Beel legally secure and trustworthy?

Yes. The virtual shares (participation rights) were developed together with leading law firms, and the smart contracts are audited regularly.

Start your financing round with Beel

Whether early financing or a growth round — Beel offers a fast, flexible and legally sound path to new investors, fully digital and on your terms. Your investors pay nothing.

Start now

Set up your round and send your first investor link.

Start your round
Talk first

Walk through your round with us before you begin.

Book a call
€15M+processed through the platform
100+startups financed
0notary appointments needed

Fintech Germany Award 2025 — recognised for innovation in startup financing