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Cobalt Advises Karma Ventures on Investment in MeetFrank

Cobalt Advises Karma Ventures on Investment in MeetFrank

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Cobalt has advised Karma Ventures on its investment in MeetFrank, a recruitment startup founded in September 2017.

MeetFrank is an app that uses machine learning and a chatbot to match talent to vacant positions. According to Cobalt, ”recently [MeetFrank] closed a 1 million EUR seed funding round to expand their business in Europe.” According to MeetFrank, the company, at the moment, has around 125,000 active users across Europe and its service is used by more than 2,000 companies. The app is available in Estonia, Finland, Sweden, Latvia, Lithuania, and most recently also in Germany.

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

Karma Ventures was advised during the entire transaction by Cobalt Partner Kristel Raidla-Talur, Senior Associate Greete-Kristiine Kuru, Associate Aleksander Tsuiman, and Assistant Lawyer Stella Raudsepp.

Cobalt did not reply to an inquiry on the matter. 


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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