iTraceiT 1A
- Backed by over 60 investors
- Eligible for a tax reduction
Frederik Degryse
CEO
With over a decade in strategic business management, Frederik has a proven track record in scaling tech ventures and driving market adoption. With over 11 years of experience in the diamond industry. He currently serves as Chief Executive Officer of iTraceiT.
After completing his Advanced Master Degree in Management at Antwerp Management School, Frederik Degryse started his career as Project Officer at Antwerp World Diamond Centre, where he was responsible for facilitating “Project 2020”, the strategic repositioning of the Antwerp diamond sector.
After completing this project, Frederik became a Director at Dominion Diamond Corporation, the world’s third largest diamond producer. At Dominion, he was responsible for the company’s Canadamark program which focuses on Canadian diamond traceability. He was also responsible for facilitating Dominion’s rough sales.
Before joining iTraceiT, Frederik worked at UNI as the company’s President of European Operations. During this time, he was responsible for all European sales and diamond procurement on the trading platform.
Guy De Smet
CTO
Guy De Smet has over 20 years of IT experience, acting as CEO and CTO for multiple IT companies. He currently serves as Chief technology officer (CTO) and co-founder of iTraceiT
Having been a Data Analyst, Project and Program Manager for major institutions and companies like European Commission (DG Trade), Guy has extensive experience in infrastructure management with public-oriented telemetry & tele control projects, embedded systems, real-time visualization, multi-dimensional databases and data warehousing, rapid & extreme application development methodologies, service-oriented architectures, SaaS, custom ERP and high-end billing systems (XPertBilling), and ticketing systems.
Guy holds a Master Degree in Computer Science and is also Managing Director at IT Place.com.
Jennifer Moriconi
Sales
With a career spanning 17 years, Jennifer has been deeply engaged in the dynamic realms of international business and project development. Jennifer recently assumed the pivotal position of Chief Sales Officer at ITraceIT, Jennifer’s prior role as the leader of YULCOM Technologies’ European office involved successfully launching the company in the European market. YULCOM, a rapidly expanding enterprise specializing in bespoke platforms and global data management, stands as a testament to her adept leadership, evidenced by the nurturing of ventures like The Good Chocolate Company, Bikiorg, and Chato’s Kitchen. Her capacity to adapt to diverse sectors has been a hallmark of her career.
In addition to her corporate journey, Jennifer is the visionary founder of the Belgian chapter of OWIT, a global non-profit dedicated to championing gender equality in international trade. Her efforts have garnered recognition, including speaking engagements at prestigious platforms such as the European Parliament and COP 28.
Jennifer’s extensive experience extends to advisory roles with SOLID Foods International, EURACEN, and Software Brussels. Armed with a master’s in human resources and a marketing bachelor’s, her versatile skill set spans diverse sectors, ranging from agriculture to technology.
TAX SHELTER 45%
Investments in this company benefit from a 45% personal income tax reduction. Read more…
Fact sheet
Advised by a professional start-up advisor | |
Valuation is set by the co-investor or incubator | |
Co-investor or incubator will be members or observers to the board | |
At the closing, an incubator, accelerator, or studio will have shares | |
At the closing, the entrepreneurs have contributed a minimum of €15,000 in cash in exchange for shares | |
Raised €10,000 during a private phase | |
At the closing, a professional co-investor will have invested at least €25,000 | |
Prior fundraising in equity or convertible loan with 10 or more investors | |
Seasoned entrepreneurs | |
Minimum 2 active entrepreneurs | |
Valuation set by an organisation specialized in valuations of comparable size | |
Valuation is less than €1 million or 10x last year’s turnover |
Raise summary
Crowd investments | €116,500 |
Committed by others | €465,000 |
Amount raised | €581,500 |
Minimum round | €490,000 |
Maximum round | €1,675,000 |
Shares in the company (total round) | 29.515% |
Pre-money valuation | €4,000,000 |
Post-money valuation min. | €4,490,000 |
Post-money valuation max. | €5,675,000 |