Croatian Bornfight is heading into a new exciting chapter, officialising its expertise in building new entities. The team of 80 specialists with ten years of experience in digital product development will help early-stage companies grow their business by investing and building their products.
Advantages for startups
Bornfight will focus on Croatia and Scandinavia because they already have strong partnerships within those startup and investment communities. Five key activities venture builders are involved in:
- Identifying business ideas
- Building the core team
- Finding capital
- Helping in company management
- Providing shared services.
Bornfight is now open to co-founding new companies in partnership with experts with strong domain knowledge. They are looking for co-founders who know how to digitalise their domain or have identified a specific problem within their industry, but they need a team to support them.
Over the last 15 years, during which we developed digital products and founded our own companies, every evolution of our business somehow guided us towards the venture-building model. And now we have just made it official.Tomislav Grubišić, CEO
There are currently four ventures in Bornfight’s portfolio.
Maboo is a booking and property management platform for campsites, currently in the Minimal Viable Product (MVP) development phase. Over 1.6 million euros have been invested in Maboo in the last two years, and it is currently being implemented in the first camps.
Elevien is a mobile and web platform for gymnasts, trainers and judges that enables the organisation and participation in gymnastics competitions via mobile devices. It allows gymnasts to compete from their gyms and record their exercises while removing huge organisational costs and logistics.
TABU is the latest in a series of Bornfight products. Bornfight officially launched this IT salary comparison platform two months ago, and more than 35% of local IT professionals have entered their salary data into it.
Venture Building is like an agency and a product and an accelerator and an incubator and a fund in one – with the strengths of each, but without their weaknesses. Today, top talents want to work on products and be focused in the long run – agencies usually can’t offer that. Ivor Bihar, COO
Bornfight Studio is a website design and development team which will continue to operate as an agency.
In the last few years, this team has developed many famous websites, such as Infobip, Rimac Automobili, Photomath, Ljubicic Tennis Academy and Gideon, and their work has been awarded numerous recognitions.
The team decided to focus on:
- validation of a business idea
- team recruitment
- providing in-house mentors for product development, sales and marketing
- attracting investors and securing investments
- legal and financial advice
- support in the operational management of the company
- providing access to their business network.
Tomislav and Ivor aim to develop companies that Bornfight will fully own, but also those built in collaboration with co-founders who have strong domain knowledge but need experience in developing a digital product.