Top 10 B2B Angel Investors in Estonia (September 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
hi VC
Angel
|
2 | Turkey, Estonia, United States | Seed, Pre-Seed | Software, Artificial Intelligence, Information Technology | $150k–$1M |
|
Marek Kiisa
Angel
|
1 | Estonia, United States, Sweden | Seed, Series A, Pre-Seed | Software, Information Technology, Transportation | $164k–$25M |
|
Matt Arnold
Angel
|
1 | Estonia | Seed | B2B, Software, Information Technology | |
|
Maria Sundlof
Angel
|
1 | Denmark, Estonia | Angel, Pre-Seed | Software, B2B, SaaS | |
|
Jakob Ellehauge Sode
Angel
|
1 | Denmark, Estonia | Angel, Venture - Series Unknown | B2B, SaaS, FinTech | |
|
Kim Aviram
Angel
|
1 | Estonia, United Kingdom | Angel, Series A | B2B, SaaS, Finance | |
|
Oliver Ahlberg
Angel
|
1 | Estonia | Seed, Angel | Software, Information Technology, Artificial Intelligence | $853k–$1M |
|
Indrek Kasela
Angel
|
1 | Estonia, Japan, United Kingdom | Seed, Pre-Seed, Angel | Software, Information Technology, Artificial Intelligence | $1M–$2.2M |
|
Jaan Tallinn
Angel
|
1 | United States, Estonia, United Kingdom | Seed, Series A, Pre-Seed | Software, Artificial Intelligence, Information Technology | $531k–$124M |
|
Sten Tamkivi
Angel
|
1 | Estonia, United States, United Kingdom | Seed, Series A, Pre-Seed | Software, Financial Services, Manufacturing | $120k–$35M |
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hi VC
Show more...Investment focus
- Industry: Software, Artificial Intelligence, Information Technology
- Stage:Seed, Pre-Seed
- Geography: Turkey, Estonia, United States
Investor stats
- Total investments: 11
- Round size: Seed $150k–$1M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Insumo — Insumo is a personalized productivity & habit building assistant that works with other productivity tools.
- Workhy — More than 20,000 entrepreneurs chose us for company formation, financial process management, tax return preparation, and bookkeeping services.
- Cloud4Feed — Cloud4Feed helps businesses increase their brand values and maximize customer satisfaction by enabling them to make customer-oriented decisions with its solutions. They provide service to brands and businesses with different solutions in many areas, such as retail, automotive, insurance, finance, the hospital and health industry, and more.
Marek Kiisa is Co-Founder and Managing Partner at NordicNinja VC.
Show more...Investment focus
- Industry: Software, Information Technology, Transportation
- Stage:Seed, Series A, Pre-Seed
- Geography: Estonia, United States, Sweden
Investor stats
- Total investments: 55
- Round size: Seed $275k–$4.9M; Pre-Seed $164k–$2.3M; Series A $5M–$25M
- Lead/follow: 44% lead, 56% follow
Portfolio highlights
- Wwwash — Download wwwash app. Car wash - hardware and software to connect every car wash to cloud. wwwash.
- Warren.io — Warren is a complete self-service cloud platform for regional infrastructure service providers. Functionally rich, technologically modern and architecturally reliable turnkey commercialisation solution packaged as a service and driven by your success to compete in the global landscape.
- Planet OS — Planet OS provides big data infrastructure to help renewable energy companies transform the way data is used in their organizations. From operators in control rooms to executives in boardrooms, our specialized applications to integrate, exchange, and visualize data for all stakeholders make renewable energy more competitive.
Matt Arnold is a Co-Founder and member of the Board of Directors for Solid BiosciencesMatt Arnold's background is in energy commodities. He was Managing Director of Constellation Energy Global Commodities in London from 2005 – 2009 when it was sold to Goldman Sachs.Prior to joining Constellation in 2002, Matt Arnold worked in energytrading and finance at Enron. Since 2009, Matt Arnold has been actively working with startup businesses in the UK and Europe, primarily in the technology and clean tech sectors. He holds an MS in Environmental Engineering from the University of Virginia and an undergraduate degree from Duke University.
Show more...Investment focus
- Industry: B2B, Software, Information Technology
- Stage:Seed
- Geography: Estonia
Investor stats
- Total investments: 1
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Plumbr — Expose metrics and set up alerts for ops. Detect and prioritize root causes for dev. Complete the devops feedback loop. Configure your application to send traces using Plumbr Agents.
Maria Sundlof is a Program Director at NKT and CEO & Owner of Procevia.
Show more...Investment focus
- Industry: Software, B2B, SaaS
- Stage:Angel, Pre-Seed
- Geography: Denmark, Estonia
Investor stats
- Total investments: 2
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Hala.ai — Conversational AI platform that blends everyday business software into one conversational UI. QuickBooks Online Digital Assistant & Web chat for IBM Watson.
- Obital — I'm Elias, a guy from Denmark doing start-ups, coding and a bunch of fun projects in Engineering.
Jakob Ellehauge Sode
Show more...Investment focus
- Industry: B2B, SaaS, FinTech
- Stage:Angel, Venture - Series Unknown
- Geography: Denmark, Estonia
Investor stats
- Total investments: 2
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Hala.ai — Conversational AI platform that blends everyday business software into one conversational UI. QuickBooks Online Digital Assistant & Web chat for IBM Watson.
- Meo — The NewBanking Identity platform makes it easy for businesses to handle personal data and perform PEP checks for those subject to AML laws. Learn more here.
Kim Aviram
Show more...Investment focus
- Industry: B2B, SaaS, Finance
- Stage:Angel, Series A
- Geography: Estonia, United Kingdom
Investor stats
- Total investments: 2
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Hala.ai — Conversational AI platform that blends everyday business software into one conversational UI. QuickBooks Online Digital Assistant & Web chat for IBM Watson.
- United Capital Finance LLC — United capital finance is a global alternative investment management firm, since its founding in 2010, this firm has operated with a long-term approach to investing, focused on diversifying and uncorrelated alpha strategies.The objective of this firm's discretionary global macro strategies is to produce a high risk-adjusted return over thelong term by using a disciplined, repeatable investment process within a strong risk management framework.United believes in integrity, transparency, and alignment of interest are essential, uncompromising parts of your busses model.
Oliver Ahlberg is based out of Tallinn, Harjumaa, and is the Chairman of the Supervisory Board of Skeleton Technologies. Oliver previously worked at Vigvam as a CEO and co-founder. Oliver Ahlberg attended the University of Tartu.
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Angel
- Geography: Estonia
Investor stats
- Total investments: 3
- Round size: Seed $853k–$1M
- Lead/follow: 33% lead, 67% follow
Portfolio highlights
- OCCO — B2B commerce platform for design professionals, advancing their workflow through AI and Machine Learning.
- ProcurementFlow — Reduce time to market for new products! Simple procurement teamwork software for keeping the communication and procurement process in the flow. Requisition management, eSourcing, SRM.
- DriveX Technologies — Decrease your average claim size with AI vehicle inspection tool for CASCO pre-checks and windshield claims.
Indrek Kasela - investor @ Luup Culture
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Pre-Seed, Angel
- Geography: Estonia, Japan, United Kingdom
Investor stats
- Total investments: 8
- Round size: Seed $1M–$1.5M; Pre-Seed $1.9M–$2.2M
- Lead/follow: 13% lead, 87% follow
Portfolio highlights
- GIG-A — Open a bank account in Japan from your mobile with GIG-A. Receive salary, manage everyday spending, or transfer money with ease.
- Supersimple — Supersimple helps SaaS companies use customer behavior data to drive decisions in product & sales.
- ScamGuardian.AI — ScamGuardian develops AI-powered victim simulations to capture actionable scam intelligence
Jaan Tallinn is the Co-Founder of the Centre for Study of Existential Risk and Future of Life Institute.
Show more...Investment focus
- Industry: Software, Artificial Intelligence, Information Technology
- Stage:Seed, Series A, Pre-Seed
- Geography: United States, Estonia, United Kingdom
Investor stats
- Total investments: 66
- Round size: Seed $531k–$15M; Pre-Seed $799k–$2.1M; Series A $3.3M–$124M
- Lead/follow: 5% lead, 95% follow
Portfolio highlights
- ZaiNar — ZaiNar leverages patented digital signal processing techniques to locate radio devices in 3D with meter-level accuracy.
- Lightyear — Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers and fees.
- Blueprint Bryan Johnson — On the surface, Blueprint may seem something about health, wellness and aging. It's really a system to make tomorrow better for you, me, the planet and our shared future with AI.
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.
Show more...Investment focus
- Industry: Software, Financial Services, Manufacturing
- Stage:Seed, Series A, Pre-Seed
- Geography: Estonia, United States, United Kingdom
Investor stats
- Total investments: 49
- Round size: Seed $540k–$20M; Pre-Seed $120k–$2.5M; Series A $7.4M–$35M
- Lead/follow: 33% lead, 67% follow
Portfolio highlights
- Salv — Smart AML solutions. Detect and mitigate money laundering risks through advanced transaction monitoring, sanction screening, and KYC risk scoring.
- Katana — Katana gives thousands of manufacturers a live look at their business with visual, intuitive, and easy-to-use ERP software.
- Entrepreneurs First — We turn exceptional individuals into funded founders. We back you first, then give you a bridge to Silicon Valley.
B2B Angel investor funding in Estonia at a glance
Stats across 9 deals from 14 investors.
Access all 14 angel investors in Estonia B2B startups.
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