# Top 50 Angel Investors in Bulgaria in June 2026

## Hristo Hristov
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 7
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, E-Commerce, Internet

Hristo Hristov - Chief Executive Officer @ DarikNews.bg

## Zoran Arsovski
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 5
- Stages: Seed, Angel, Pre-Seed
- Focus: Software, FinTech, Internet

Zoran and his team focus on Digital Marketing Consulting for B2B growth-stage companies supported by the leading technology VC funds.

## Daniel Tomov
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series B
- Focus: FinTech, Software, Small and Medium Businesses

Daniel is founding partner at Eleven Accelerator Venture Fund and investing in some of the most promising and exciting tech startups in CEE. Daniel has been involved in startups since 2000 as early stage investor and funded (in some cases bootstrapping) entrepreneur in diverse domains ranging from software to mobile to consumer goods torenewable energy. He has been lucky to meet and befriend with some of the greatest tech entrepreneurs in our region.

## Georgi Petrov
- Type: Angel
- Relevant deals: 3
- Stages: Seed, Angel, Pre-Seed
- Focus: SaaS, Apps, Shipping

Georgi Petrov is a Chief Executive Officer and Founder at SMSBump.

## Mihail Stoychev
- Type: Angel
- Relevant deals: 3
- Stages: Seed, Angel, Pre-Seed
- Focus: SaaS, Apps, Shipping

Mihail Stoychev - Founder and CEO @ SMSBump

## Svetozar Georgiev
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, SaaS, FinTech

Svetozar Georgiev is the Chairman of the Board at BESCO. He attended American University in Bulgaria, Truman State University, and Technology School Electronic Systems (TUES), both associated with Technical University-Sofia.

## Denis Gorbunov
- Type: Angel
- Relevant deals: 2
- Stages: Seed
- Focus: Internet, Marketing, E-Commerce

Denis Gorbunov

## Casey Armstrong
- Type: Angel
- Location: Newport Beach, California, United States
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: E-Commerce, Software, Apps

Casey Armstrong is the CMO at ShipBob.

## Petr Baron
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Seed
- Focus: FinTech, Internet, Marketing

Petr Baron CEO TBI Financial Services

## Bogomil Balkansky
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Software, Enterprise Software, Artificial Intelligence

Bogomil Balkansky is a Partner at Sequoia Capital. 

He started his career as a management consultant at McKinsey & Company. Bogomil holds a bachelor of arts in Mathematics from Cornell University and an MBA from Stanford Graduate School of Business.

## Valeri Petrov
- Type: Angel
- Relevant deals: 2
- Stages: Seed, Angel, Pre-Seed
- Focus: B2B, SaaS, Health Care

Valeri is primarily in charge with investment opportunities in Bulgaria and the Western Balkans. Prior to that, he was Partner at Bancroft Private and, before joining Bancroft, he was Investment Director with Global Finance, running the company’s activities in Bulgaria. Valeri led and co-led many transactions in various countries acrossSouth-Eastern Europe (Romania, Bulgaria, Croatia and Turkey among others). Prior to moving to the Private Equity industry, Valeri ran Orgachim, the largest paints & coating company in Bulgaria (backed by private equity funds, including RAEF) as CEO, where he completed a successful turnaround. Valeri also worked for the Royal Dutch/Shell, and held various positions within the organization. Valeri holds an MSc in Engineering from the Technical University of Sofia. He also attended Management Academy in London and ETP on Business Management in Delaware University, Sofia branch.

## Ivaylo Simov
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Coffee, Big Data, Agriculture

Ivaylo Simov devised eleven’s strategy. His notorious shyness can be overcome only with ample amounts of beer, preferably while skiing. He was previously a director in a private equity fund, but now wants to change the VC industry from the bottom up.

## Grigoriy Ananiev
- Type: Angel
- Relevant deals: 1
- Focus: Printing, Manufacturing, Sustainability

Grigoriy Ananiev is the Managing Director, CE5, Markets Citi Europe plc.

## Nedko Krastev
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: EdTech, Education

Nedko Krastev is the Founder of 365 Careers.

## Faris Sweis
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Angel
- Focus: SaaS, Software, Venture Capital

CTO at Progress Software Corp.

## Tim Draper
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, FinTech, Financial Services

Tim Draper is the Founding Partner of Draper Associates. He attended Harvard Business School.

## Sevdalina Vassileva
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Angel
- Focus: Hardware, Child Care, Cloud Computing

Sevdalina Vassileva - Business developer @ EuroPATC

## Ivaylo Ivanov
- Type: Angel
- Relevant deals: 1
- Stages: Seed

Ivaylo is a Fintech expert with experience in professional services, business development, consulting and project management and a passion for entrepreneurship.
He has worked at Ernst & Young, Leinonen Group and PriceWaterhouseCoopers in the areas of assurance, M&A and management consulting. He also held a position in the Board of Directorsof the European Equity Crowdfunding Association (EECA). Ivaylo holds a Bachelor degree in Business administration from Sofia University and an MBA from Cotrugli Business School. He is a member of the UK Association of Chartered Certified Accountants (ACCA).

## Subby Angelov
- Type: Angel
- Relevant deals: 1
- Stages: Seed

Subby Angelov - Senior Account Manager @ Nemetschek Bulgaria

## Marco Houwen
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Convertible Note
- Focus: Farming, Livestock, Agriculture

Marco Houwen, together with his partners LuxConnect and Datacenter Luxembourg, founded LuxCloud S.A. in April 2010.This partnership sets out to attract international SME and SMI, out of the field of Software development, to the Grand Duchy. LuxCloud will put Luxembourg firmly on the International Internet map and deliver services to SMB’s allover Europe.In 2000, Marco, in association with Xavier Buck, founded DCL Group, a leading Internet and e-commerce company, now recognized as one of the biggest Internet success stories in Luxembourg. Companies in the Group include Datacenter Luxembourg, LuxCloud, EuroDNS, e-Brand Services and voipGATE, to name but a few.Passionate about the promotion of Luxembourg, Marco is co-founder and President of LU-CIX A.s.b.l. and as such, contributes actively on the promotion of the Luxembourgish e-commerce hub.In addition to his role as LuxCloud CEO, Marco is CEO of Datacenter Luxembourg and a board member of the DCL Group.

## Dejan Pejcic
- Type: Angel
- Location: Nis, Vojvodina, Serbia
- Relevant deals: 1
- Stages: Angel
- Focus: Hardware, Child Care, Cloud Computing

Dejan Pejcic

## Svetoslav Gerdzhikov
- Type: Angel
- Location: Lozenets, Burgas, Bulgaria
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Food Processing, Food and Beverage

Svetoslav Gerdzhikov is the partner in the Velinov.

## Yordan Trifonov
- Type: Angel
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Food Processing, Food and Beverage

Yordan Trifonov is the Business Development Manager for Eastern Bulgaria.

## Heiko Hubertz
- Type: Angel
- Location: Hamburg, Hamburg, Germany
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: E-Commerce, Software, Machine Learning

Heiko Hubertz - Founder & CEO @ Oxolo

## Clark Landry
- Type: Angel
- Location: Nashville, Tennessee, United States
- Relevant deals: 1
- Stages: Seed, Series A, Angel
- Focus: Software, Internet, Information Technology

Clark Landry is the Managing Partner of Clover Leaf Ventures.Most recently, Clark was co-founder and COO at CESPPA, a cybersecurity company. Formerly, Clark was co-founder and COO at Maple Media (raised $30 million from private equity investors), co-founder and executive chairman at SHIFT (acquired by Brand Networks), co-founder and CEO at TopLevel Domain Holdings (now Minds + Machines - publicly-traded on the London Stock Exchange's AIM), co-founder and CMO at TagWorld (acquired by Viacom). Clark was a founding investor of Gradient X, a mobile DSP (acquired by SingTel), Traffic Marketplace, an advertising network (acquired by Vivendi), Adconion Media Group, a provider of digital media advertising solutions (acquired by Amobee), Conversion Logic, an advertising attribution company, and CREXi, a commercial real estate marketplace.Clark holds a bachelor of arts degree in economics from Yale University.

## Nedelcho Spasov
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Farming, FinTech, Payments

Nedelcho Spasov is a Co-Founder of Management Financial Group.

## Georgi Kremenliev
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Analytics, Information Technology, Small and Medium Businesses

Georgi Kremenliev - VP Professional and Engineering Services @ Vayant Travel Technologies

## Atanas Raykov
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Food Processing, Food and Beverage

Atanas Raykov - Senior Director EMENA @ Rakuten Viber

## Rune Sovndahl
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed
- Focus: iOS, Apps, Mobile

Summary - Rune Sovndahl (Born 13 February, 1975) is a Danish-born entrepreneur with over fifteen years' experience in the the IT, dot-com and telecommunications industries. He is the founder of Briing.com, Polish portal Gadatka.com and Victor Connect Ltd. He is currently the co-owner and CEO of international SEO agency Early Life- Sovndahl grew up in Copenhagen attending both Following his service in the Royal Danish Navy, Rune developed a passion for the culinary arts which lead to him to working in the kitchens of multiple Michelin Star restaurants in Copenhagen and Søllerød under the tutelage of Franz Stockhammer. Rune was fascinated by El Bulli and the school of culinary technology and organization, but he left the industry due to a severe shellfish allergy. He keeps the passion of his culinary days alive in the day to day work of his companies. Career- Rune's interest in technology and human interaction led him to the fields of Search Engine Marketing, Paid Search, Natural Search, Brand Discovery, and Protection & Visibility. His early days in technology involved the development of location-based systems and the early development of a In 2003 Rune launched a mid-sized SEO and affiliate web design company, - - - - - - - - - Personal Life – Sovndahl currently resides in London's Bloomsbury. He remains passionate about travel, culinary arts and designing sustainable business models for technology that optimize marketing and usability across the full value chain of the consumer. Philanthropy – Rune is the co-founder of Stepnote, a charity music school in Denmark. The 

## Kenny Li
- Type: Angel
- Location: Cambridge, Massachusetts, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Web3, Cryptocurrency

Kenny Li is the Co-Founder of P0x Labs. He attended MIT Sloan School of Management.

## Emil Tabakov
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Angel
- Focus: SaaS, Software, Venture Capital

Senior Product Manager @ Coursera (NYSE: COUR). Ex-Telerik/Ex-Progress (NASDAQ: PRGS)
Emil is passionate about building products that people love, building effective teams, talent development and working on open source products.

## Simeon Tyutyundjiev
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Medical, Health Care, Clinical Trials

Simeon Tyutyundjiev

## Tobias Bruhne
- Type: Angel
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- Stages: Seed
- Focus: Medical, Medical Device, Musical Instruments

As a co-founder and managing director of GoLiving, Tobias is responsible for real estate acquisition, member relations and finance.Tobias studied Business at WHU and has 10+ years of experience in business and management consulting, digital industries and hyper-growth startups, focusing on customer experience, subscription e-commerce, realestate, data & analytics, and holding positions both at startups and large established corporates.

## Georgi Atanasov
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Angel
- Focus: SaaS, Software, Venture Capital

Georgi Atanasov

## Hristo Tenchev
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Seed
- Focus: Medical, Health Care, Clinical Trials

Hristo Tenchev is the Co-founder of Software University.Hristo Tenchev attended Open University UK

## Sebastian Schaal
- Type: Angel
- Location: Munich, Bayern, Germany
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Privacy, Software

Sebastian Schaal is the founder of Luminovo.

## Martin Schödel
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Medical, Medical Device, Musical Instruments

Martin Schödel

## Velizar Velichkov
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Medical, Health Care, Clinical Trials

Velizar Velichkov

## Konstantin Richter
- Type: Angel
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Accounting, Enterprise Software

Konstantin Richter - CEO & Founder @ Blockdaemon

## Maximilian Reiter
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Medical, Medical Device, Musical Instruments

Maximilian Reiter

## Heslin Kim
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Cryptocurrency, Gaming, FinTech

Heslin Kim is the founder and CEO of Blockchain ROK.

## Marko Vucinic
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Farming, Livestock, Agriculture

Marko Vucinic

## Pressian Karakostov
- Type: Angel
- Location: Varna, Varna, Bulgaria
- Relevant deals: 1
- Stages: Seed

Pressian Karakostov is a Founder and Chairman at PhoneArena company. Pressian previously worked at PubGalaxy as a Founder and Chairman. He attended Harvard Business School Executive Education in 2017.

## Georgi Brashnarov
- Type: Angel
- Relevant deals: 1
- Stages: Seed

Georgi Brashnarov is a member of the ICT cluster management board.

## Michael Gutsmann
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Convertible Note
- Focus: Farming, Livestock, Agriculture

Michael Gutsmann is a CFO at Bigpoint.

## Thomas Peruzzi
- Type: Angel
- Location: Hamburg, Hamburg, Germany
- Relevant deals: 1
- Stages: Seed, Convertible Note
- Focus: Farming, Livestock, Agriculture

Thomas Peruzzi - CTO @ Virtual Minds

## Vassil Terziev
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Software, SaaS, FinTech

Vassil is responsible for overseeing Telerik’s strategic direction and enabling its rapid growth as a global provider of enterprise-class software and services. As a co-founder of Telerik, Vassil was instrumental in growing the sales, support and business development units of the company and establishing the fanatical dedication to customerservice. Vassil’s vision and dedication has helped Telerik keep its slogan to “Deliver more than expected” and enjoy a solid track record of growing revenues and profitability in the ever changing developer tools marketplace.Vassil earned his Bachelor’s Degree in Business Administration at the American University in Bulgaria and has served in various roles in companies from real estate, investment and high-tech industries.

## Xavier Buck
- Type: Angel
- Location: Leudelange, Luxembourg, Luxembourg
- Relevant deals: 1
- Stages: Seed, Angel, Series A
- Focus: SaaS, Farming, Software

Xavier Buck is the Founder and Chairman of Namespace Group. He previously worked at DomainTools as a Board Member.

## Selahattin Zoralioğl
- Type: Angel
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed
- Focus: Computer, Software, Web Apps

Selahattin Zoralioğl

## Danish Chaudhry
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Software

Danish Chaudhry is a GP & Co-Founder at Paper Ventures.
