NordicMade 2017

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#NORDICMADE

Smart Crowd KAROLINA FUND

Machine learning and BI technical solutions for crowdfunding platforms. Our mission is to become the best online funding mechanism in the world.

K

arolina Fund is a startup company from Iceland. We are the winners of the Nordic Startup Awards 2016 (Social Tech) and co-founders of the Nordic Crowdfunding Alliance. We have +90% market share, 10% of the Icelandic adult population active on our crowdfunding platform karolinafund. com and a +70% world record success rate in reward based crowdfunding. In the spring of 2016 we started offering our technical solutions under the name Karolina Engine and within a few months we were working in Slovenia, Finland, Denmark and Norway. We are not just people who run platforms, our team includes designers, filmmakers, entrepreneurs and business hackers, and we celebrate every single idea that comes to life as our own. We do not advocate blindly trying to win the lottery of overnight success out of thin air. Instead, we understand the value of being

local, both within and across national boundaries. In March 2014 The Nordic Crowd funding Alliance was established. The alliance started its journey as a university-industry partnership and was made possible through the support of Nordic Innovation’s High Growth Entrepreneurship Program. Through The Nordic Crowdfunding Alliance we became aware of the need for a complete solution for crowdfunding platforms and the idea of Karolina Engine was born. Karolina Engine is a one-stop service for crowdfunding of all kinds. Our expertise, business analytics and technical solutions allow crowdfunding platforms to save time and money, and focus on their core business. Our software and business solution is all about creating a great overall crowdfunding experience for the platform owners, the campaigners and the backers. We are building business intelligence and artificial intelligence into the process #NORDICMADE / 2017

of online funding. We know that one of the key elements that a platform owner needs is graphical information about how the platform is doing and what to expect in the future. That is why we build artificial intelligence that talks to the customer during the preparation of a campaign and helps the campaigner to make decisions on what to do to maximise their funding during the campaign. There are multiple types of crowdfunding solutions, including: Reward, Equity, Subscription-based and White label. It is a perfect fit for those who need to focus on customers, sales and marketing instead of technology infrastructure and web development. An access to crowdfunding expertise and solutions that is customised to requirements. A no hassle all-around package where no coding or designers skills are needed. The result is a web interface and the right tools to work smarter and be successful in crowdfunding. ďż˝ CoFounder Slush Special

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