# Top 50 Angel Investors in Estonia in June 2026

## Ragnar Sass
- Type: Angel
- Relevant deals: 13
- Stages: Seed, Pre-Seed
- Focus: Information Technology, Software, SaaS

Ragnar Sass is the Co-Founder of Darkstar Camp. He previously worked at LIFT99 as a Founder and CEO. Ragnar Sass attended Estonian Business School.

## Jaan Tallinn
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 12
- Stages: Seed, Series A
- Focus: Software, Artificial Intelligence, Internet

Jaan Tallinn is the Co-Founder of the Centre for Study of Existential Risk and Future of Life Institute.

## Sten Tamkivi
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 11
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Artificial Intelligence, Manufacturing

Sten Tamkivi is the Chief Product Officer at Topia (formerly MOVE Guides). He was previously co-founder and CEO of Teleport (acquired by Topia), the place to scout for startup people. He co-founded the company as an EIR at Andreessen Horowitz.Sten has been a tech entrepreneur since 1996. After founding a few companies in Estonia, he joined Skypeas an early executive, ran the original R&D office, and held several global product leadership roles for 8+ years.He has an MS in Management from Stanford GSB.

## Markus Villig
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 11
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, Information Technology, FinTech

Markus Villig is founder and CEO of Taxify. He attended University of Tartu.

## Martin Tajur
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 11
- Stages: Pre-Seed, Seed, Angel
- Focus: Software, SaaS, Recruiting

Martin Tajur is the co-founder of Pipedrive.

## Martin Villig
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 11
- Stages: Seed, Angel, Pre-Seed
- Focus: Software, FinTech, Education

Martin is co-founder of Bolt.eu, Estonian Founders Society, Garage48.org, Good Deed Education Foundation and kood/Jõhvi coding school.
Read more from http://martinvillig.com

## Alvar Lumberg
- Type: Angel
- Relevant deals: 10
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, Information Technology, FinTech

Alvar Lumberg

## Martin Henk
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 9
- Stages: Pre-Seed, Seed, Angel
- Focus: Software, SaaS, Information Technology

Martin Henk is the Co-founder of Pipedrive.

## Kristjan Vilosius
- Type: Angel
- Relevant deals: 9
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Information Technology, E-Commerce

Kristjan Vilosius - Co-Founder and CEO @ Katana

## Triin Hertmann
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 7
- Stages: Seed, Pre-Seed
- Focus: FinTech, Software, E-Commerce

Triin Hertmann is founder of Grünfin, a sustainable investment platform, angel investor (mostly in Estonia and Nordics region). She is a former COO at TransferWise and early employee of Skype.

## Andrus Purde
- Type: Angel
- Relevant deals: 7
- Stages: Seed, Pre-Seed
- Focus: Software, Apps, Internet

Experienced startup marketer. Co-founder and CEO of Outfunnel. Skype and Pipedrive alumni. Angel investor.

## Taavet Hinrikus
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 7
- Stages: Seed, Series A, Series B
- Focus: FinTech, Software, Financial Services

Taavet Hinrikus is based out of London, England and is the Partner of Plural Platform and Board Member of CoMind. Taavet previously worked at Wise as a Chairman and Co-founder. Taavet Hinrikus attended INSEAD.

## Kristjan Raude
- Type: Angel
- Relevant deals: 7
- Stages: Seed, Pre-Seed, Equity Crowdfunding
- Focus: Software, Automotive, Internet of Things

I am a serial entrepreneur and angel investor with 15+ years of international experience in sales & marketing, leading teams of 300+ with annual revenue of 10M+. Founder of 3 international companies and investor to 10+ startups. Member of the board at Estonian Business Angels Network.

## Timo Rein
- Type: Angel
- Location: New York, New York, United States
- Relevant deals: 7
- Stages: Seed, Angel, Convertible Note
- Focus: Software, Recruiting, Human Resources

Timo Rein - Co-Founder @ Pipedrive

## Kaarel Kotkas
- Type: Angel
- Relevant deals: 7
- Stages: Seed, Series A, Angel
- Focus: Software, Gaming, 3D Technology

Kaarel Kotkas is a Co-Founder and CEO at Veriff.

## Ott Kaukver
- Type: Angel
- Location: Menlo Park, California, United States
- Relevant deals: 7
- Stages: Series A, Seed, Pre-Seed
- Focus: Software, Financial Services, SaaS

Ott Kaukver is Chief Technology Officer at Checkout.com. Attended Estonian Business School.

## Taavi Kotka
- Type: Angel
- Relevant deals: 7
- Stages: Pre-Seed, Seed, Angel
- Focus: Electronics, Battery, FinTech

Taavi Kotka, currently the Estonian Government CIO, has a strong background working in private sector. He started his career as a programmer, rapidly rising to be a Managing Director of the most successful software development company in the region – Nortal, former Webmedia. He is a founder of many innovative start-up companies likezeroturnaround.com, plumbr.eu etc. He has a Master of Science in Engineering from Tallinn University of Technology. Also, Taavi Kotka has many honors: he is the European CIO of the Year 2014 (by ICT Spring), he was the president of the Estonian Association of Information Technology and Telecommunications (ITL) and he was elected as an Entrepreneur of the year in 2011 (by Ernst&Young). Taavi is a board member in many ICT initiatives in Estonia and has been the brainpower behind many Estonian e-government innovative initiatives like e-residency, data embassy, no-legacy policy etc.

## Peep Vain
- Type: Angel
- Relevant deals: 5
- Stages: Seed, Angel
- Focus: Software, Genetics, Recruiting

Peep Vain is the Private Investor at Vain and Partners. He attended Bentley University.

## Mikko Silventola
- Type: Angel
- Relevant deals: 5
- Stages: Pre-Seed, Seed, Angel
- Focus: E-Commerce, Software, Transportation

Mikko is an active investor, with over 50 investments globally. Besides Europe, he is also active in Southeast Asia, Middle East, and Lat Am. He is the first investor of Bolt (Estonia), an investor of Rappi (Colombia), and of Hugo (El Salvador). He has founded 3 international media companies which in total have generated over €35M in sales overjust a few years. He has helped companies with internationalization, fundraising and M&As in Asia, Europe and the Middle East.

## Ahti Heinla
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 5
- Stages: Seed, Angel, Series A
- Focus: Apps, Internet, Software

Ahti is the CEO, CTO and co-founder in Starship Technologies, a startup that intends to disrupt last-mile delivery by introducing self-driving local delivery robots. He is also a co-owner in Ambient Sound Investments, a private investment vehicle launched by Estonian Skype co-founders.Ahti conducts technical reviews of all ASI's potentialinvestments. His experience and knowledge as a system architect is invaluable in assessing and managing ASI's portfolio companies.Ahti picked up programming at the early age of ten, his fascination with all things technical resulting in him being the lead technical architect at Skype. Ahti has also worked on artificial intelligence, 3D graphics engines, signal processing, and building mobile phones.Out of the office, Ahti dons his running gear to enjoy orienteering and adventure racing events, where navigation is his strong-point.

## Märt Kelder
- Type: Angel
- Location: Berlin, Berlin, Germany
- Relevant deals: 5
- Stages: Seed, Angel, Pre-Seed
- Focus: Information Technology, Software, Transportation

founder at Voog.

## Indrek Kasela
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 4
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, Information Technology, B2B

Indrek Kasela - investor @ Luup Culture

## Taavi Tamkivi
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 4
- Stages: Seed, Angel, Pre-Seed
- Focus: Software, Financial Services, AgTech

Taavi Tamkivi was Helping in Banks & FinTechs fight FinCrime. also a Founder & CEO at Salv .

## Taavi Madiberk
- Type: Angel
- Location: Dresden, Sachsen, Germany
- Relevant deals: 4
- Stages: Seed, Angel, Pre-Seed
- Focus: Software, Information Technology, SaaS

Taavi Madiberk is the Co-Founder and Chief Executive Officer at Skeleton Technologies. His business development, sales and marketing and company management skills have been instrumental in setting-up and driving growth. He has been the driving force for excellent customer traction, (the company counts as customers European Space Agency and severalTier 1 automotives), business strategy (leveraging the advantage in materials technology to energy storage cells and modules), product development and fundraising from venture capital, private equity and public sources in German, Estonian and EU level. Taavi Madiberk brings knowledge from the IT, locomotive and NGO sectors from his experience prior to Skeleton Technologies. Among other Board positions he has served as the youngest ever Chairman of the Supervisory Board in Estonian Railways Ltd (AS Eesti Raudtee) from 2012-2014 the national railway. He also served as a Member of the Supervisory Board of RKAS in 2014, an Estonian state-owned real estate company with over 400 M EUR of assets.

## Martin Sokk
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 3
- Stages: Pre-Seed, Seed
- Focus: Rental, FinTech, Finance

Martin Sokk is a Co-Founder, CEO of Lightyear Company. He attended Estonian Information Technology College.

## Jevgeni Kabanov
- Type: Angel
- Location: Tartu, Tartumaa, Estonia
- Relevant deals: 3
- Stages: Pre-Seed, Seed, Series A
- Focus: E-Commerce, Health Care, Apps

Jevgeni Kabanov is the President of Bolt. He previously worked at Sabbatical as a Wandering Musician. Jevgeni Kabanov attended the University of Tartu.

## Marek Kiisa
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 3
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Information Technology, Transportation

Marek Kiisa is Co-Founder and Managing Partner at NordicNinja VC.

## hi VC
- Type: Angel
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Software, Artificial Intelligence, Information Technology

hi VC

## Veljo Toodo
- Type: Angel
- Relevant deals: 3
- Stages: Angel, Pre-Seed
- Focus: Apps, Fitness, Software

Veljo Toodo

## Kair Käsper
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 3
- Stages: Pre-Seed, Seed, Angel
- Focus: Software, SaaS, Financial Services

Kair Käsper

## Kuido Lepik
- Type: Angel
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Apps, GPS, Pet

Kuido Lepik - Owner & CEO @ Signiti

## Oliver Ahlberg
- Type: Angel
- Relevant deals: 3
- Stages: Seed, Angel
- Focus: Software, Information Technology, Artificial Intelligence

Oliver Ahlberg is the Co-Founder and Chief Operating Officer of Skeleton Technologies. He has assured excellent operational capabilities and played a critical role in the development of internal procedures which have kept the company on the forefront of energy storage development. He has had an integral role in securing VC funding and settingup the company's R&D Center in Estonia. Additionally he plays a central role in the company's IT capabilities, production systems and processes and daily administration of the company. Leading the pilot production of the company, he also offers input in product development and has led production optimization efforts. Oliver Ahlberg has previously worked in the IT and law sector in San Fransisco, USA and Tallinn, Estonia. He has co-founded digital media company Vigvam Studio and a daily deals site acquired by the market leader in 2010. Oliver Ahlberg has earned a law degree from University of Tartu.

## Janer Gorohhov
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Software, Waste Management, Packaging Services

Janer Gorohhov is based out of Tallinn, Harjumaa and is the CEO & Co-Founder of Roleo. Janer previously worked at Veriff as a CPO & Co-Founder. Janer Gorohhov attended the University of Tartu.

## Ivo Remmelg
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 3
- Stages: Seed, Angel, Pre-Seed
- Focus: Mobile, Sports, FinTech

Ivo Remmelg is a Venture Partner at Superhero Capital and the Founding Partner of NestCap.
Ivo Remmelgs, President of the Estonian Business Angel Network.

## Marko Virkebau
- Type: Angel
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Software, Energy, Mobile

Marko Virkebau

## Arvi Tavast
- Type: Angel
- Relevant deals: 3
- Stages: Seed, Angel
- Focus: AgTech, Farming, Software

Arvi Tavast is the Director at Institute of the Estonian Language.

## Mike Oliinyk
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series A
- Focus: Robotics, Navigation, 3D Technology

Mike Oliinyk is a  VP of Product at Montonio

## James Berdigans
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Software, Drones, FinTech

James Berdigans is the Executive Chairman of Printify. He previously worked at Vendora Nordic AB as a Head of Sales, Baltic States Region. James Berdigans attended UNC Kenan-Flagler Business School.

## Sebastien Borget
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 3
- Stages: Seed, Series A, Pre-Seed
- Focus: Blockchain, Gaming, Cryptocurrency

Sebastien Borget is the Co-founder and COO of Pixowl. Passionate for blockchain technology, gaming and education, he is a very active speaker and evangelist who spent the past 8 years focused exclusively on mobile gaming, creating successful games that were downloaded millions of times.

## Andres Kull
- Type: Angel
- Relevant deals: 3
- Stages: Seed, Series A
- Focus: AgTech, Farming, Software

Andres Kull

## Kuldar Väärsi
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: Water, Battery, Fuel Cell

Kuldar Väärsi is the Founder and CEO at Milrem Robotics.

## Yiğit Barış Şemin
- Type: Angel
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, Crowdsourcing, Computer Vision

Yiğit Barış Şemin

## Andrew Prozes
- Type: Angel
- Location: New York, New York, United States
- Relevant deals: 2
- Stages: Seed, Series A, Angel
- Focus: Information Technology, Cyber Security, Information Services

Andrew (Andy) Prozes is a business executive with a track record of effective leadership. He has founded, grown and led small and large organizations to generate above market growth and profits.He has extensive experience in information technology and services and is recognized as an expert in the development of information-based workflowsolutions. He currently invests in and serves on the boards of directors of a variety of companies, primarily in the information technology industry, as well as nonprofits and think tanks.

## Aydın Mizrahi
- Type: Angel
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, InsurTech, Logistics

Aydın Mizrahi

## Vitaly Rubstein
- Type: Angel
- Location: Zürich, Zurich, Switzerland
- Relevant deals: 2
- Stages: Seed, Angel
- Focus: Human Resources, Apps, SaaS

Vitaly Rubstein - Co-Founder and Partner @ RubyLight

## Taavi Lepmets
- Type: Angel
- Location: Luxembourg, Luxembourg, Luxembourg
- Relevant deals: 2
- Stages: Seed, Angel
- Focus: Software, Human Resources, Apps

Taavi Lepmets - Co-Founder @ Karu Capital

## Madis Müür
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 2
- Stages: Seed, Equity Crowdfunding, Pre-Seed
- Focus: Apps, Smart Building, Marketing Automation

Madis Müür

## Stefan Lindeberg
- Type: Angel
- Location: Stockholm, Stockholms Lan, Sweden
- Relevant deals: 2
- Stages: Seed, Angel, Pre-Seed
- Focus: Software, Gaming, Analytics

Stefan Lindeberg was the Venture Partner and Co-founder of Nordic Game Ventures. He attended Linköping University.

## Elias Aalto
- Type: Angel
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Internet, News, Video

Elias Aalto is Wolt's Advisor and a Co-Founder before that.

## Thomas Wolf
- Type: Angel
- Relevant deals: 2
- Stages: Pre-Seed, Seed
- Focus: Artificial Intelligence, Information Technology, Internet

Thomas Wolf is the Chief Science Officer at Hugging Face.

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