At the European Super Angels Club, we love to see our portfolio companies not only succeed but also share their hard-earned insights with the broader startup community. One such highlight is Blockpit, featured in the newly released Startup Report 2025 by Florian Kandler. Furthermore, this is a special edition marking 10 years of founder stories, funding journeys, and startup momentum. 

Blockpit, a leader in crypto tax compliance and portfolio tracking, has grown steadily in one of the most unpredictable industries in tech. Moreover, their contribution to the Startup Report brings valuable fundraising lessons from a sector where market cycles can make or break a round. 

Fundraising in Boom and Bust Cycles 

When asked about a fundraising challenge specific to their space, Blockpit pointed to the one factor that defines the crypto industry: volatility. In their words, “It’s very easy to fundraise in bull markets – and almost impossible in bear markets.” 

This kind of environment requires founders to think long-term. Raising funds during optimistic times isn’t just an opportunity – it’s a necessity for survival during downturns. For startups in similarly cyclical industries, this is a reminder to build financial cushions when investor sentiment is high, and to plan for leaner phases with discipline. 

The Smart Way to Get Investor Introductions 

One of the most common hurdles for early-stage founders is getting access to investors. Blockpit’s advice here is refreshingly straightforward: ask fellow founders for introductions – but choose your timing wisely. 

It’s a simple but powerful truth. Founders who have already earned investor trust can make warm intros that cut through the noise – and their help often comes without strings attached. This underlines the importance of building authentic relationships within the startup ecosystem, not just for advice, but for meaningful connections. 

Getting Investor Meetings Right 

Another piece of advice from Blockpit addresses something many first-time founders get wrong: how they approach initial meetings with investors. The mistake? Repeating a rehearsed pitch without truly listening. 

“Don’t just repeat the ‘general blurb.’ Listen and respond. Ask questions. Build a relationship,” they advise. 

Investor meetings aren’t just about selling your startup – they’re about establishing mutual interest and trust. Founders should view these conversations as the beginning of a relationship, not a one-sided pitch. Asking thoughtful questions and showing curiosity about the investor’s focus and style can go a long way. 

A Decade of Founders, Funding & Forward Momentum 

Blockpit’s appearance in the 2025 edition of Florian Kandler’s Startup Report is a well-earned nod to their traction, clarity, and community spirit. As this year marks a decade of the report, it also celebrates the voices of hundreds of founders who’ve helped shape Europe’s startup landscape. 

We’re proud to support Blockpit and thrilled to see them contribute to this collective wisdom. Their story is a reminder that fundraising success doesn’t come from formulas, but from timing, relationships, and the ability to adapt. Especially when the market doesn’t play along. 

For anyone looking to navigate the startup funding journey and read more about Blockpit’s advice, the Startup Report 2025 is packed with honest answers and practical insights.