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Cobalt Advises Karma Ventures on Follow-On Investment in MeetFrank

Cobalt Advises Karma Ventures on Follow-On Investment in MeetFrank


Cobalt has advised Karma Ventures on its follow-on investment in career app MeetFrank. Eversheds Sutherland reportedly advised MeetFrank.

In a round led by investors Karma Ventures, Enern VC, Change Ventures, and Hummingbird, Tallinn-based MeetFrank raised EUR 1.5 million, which the company will use to launch new features.

Founded in 2017, MeetFrank is a recruitment app that helps passive job seekers find potential opportunities based on data such as their salary expectations, skill-set, and experience. To date, MeetFrank has raised EUR 2.4 million in total funding. It has over 265,000 users. 

Karma Ventures is an early-stage venture capital firm specialized in late seed and A-round investments in European tech startups.

The Cobalt team included Partner Kristel Raidla-Talur, Senior Associate Greete-Kristiine Kuru, and Associate Sven Bottchers.

Estonian Knowledge Partner

COBALT is closely integrated alliance of top-tier law offices in Estonia, Latvia, Lithuania and Belarus, making us one of the largest law firms in the Baltic market. 

COBALT is a trusted partner for daily matters and complex large-scale transactions and disputes. The firm’s broad spectrum of expertise and established position as the market leader give a comprehensive basis for providing advice on special areas of business law.

We advise top international and regional businesses, financial institutions, state and local governments, and the region’s most promising start-ups. We offer leading-edge solutions in key industry sectors: Consumer Products, Trade & Distribution, Real Estate & Construction, Pharmaceuticals & Healthcare, Energy & Utilities, Communications, Media & Technologies, Financial Services, Transport & Logistics.

COBALT has been named Baltic Law Firm of the Year 6 times. We were recognized as the Most Innovative Law Firm of the Year 2019 in the Baltics at the IFLR European Awards in London. COBALT also won CEE Legal Matters Deal of the Year Award for Estonia, Latvia, and Lithuania, as well as the overall Baltic Deal of the Year, at the 2019 CEE Legal Matters Awards. We have received multiple awards from the Chambers Europe, IFLR, The Lawyer and Mergermarket and we are regularly listed amongst the top performing M&A legal advisors in the Bloomberg, Thomson Reuters and Mergermarket deal tables

More information on Cobalt can be found at www.cobalt.legal

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