Third successful exit: Walvis sells Speakap shares

Walvis, the John A. Fentener van Vlissingen family’s investment fund, has sold its stake in Speakap to existing shareholders. Speakap is a social platform that lets employees of companies easily communicate with each other and management.

From start-up to scale-up
Speakap is a private platform that lets businesses help employees to collaborate and communicate with each other. In 2014, it was named Start-up of the Year by Sprout. Since then Speakap has developed from a start-up to a scale-up. Founder Patrick van der Mijl says, “With the early stage investment and support from Walvis, we have been able to take the next step to scale-up in just two years.”

Today, Speakap has more than 300 international customers. Co-founder Erwin van der Vlist: “And these aren’t only small companies, but include major brands like Rituals and G-Star. More than 100,000 employees use our platform daily.” Speakap has doubled its turnover every year and is set to expand internationally.

Vincent Gravesteyn, Managing Director of Walvis Participates: “Since our investment, the monthly turnover has increased tenfold, which makes Speakap ready for further growth. We wish management great success with this planned global expansion.”

Future world players
John Fentener van Vlissingen founded the Walvis Investment Fund in 2012. And he founded his first company in 1975. In more than four decades, he has expanded with a solid group of companies: Boron, BCD and Walvis. With this solid foundation of expertise, Walvis helps young Dutch Internet companies to evolve into future global players.

Related article: Reistycoon Fentener van Vlissingen verkoopt weer belang in IT-start-up