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Top 10 Community Angel Investors in Estonia (October 2026)

The most active angel investors investing in Estonia Community startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Estonia Community startup companies. Find investors to raise a Pre-Seed, Seed or Angel round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Kuido Lepik
Angel
2 Estonia, Germany Seed, Pre-Seed Apps, Software, B2B $47k–$354k
Arvi Tavast
Angel
1 Estonia, United Kingdom Seed, Angel AgTech, Farming, Big Data $200k–$681k
Pascal Christian Weinberger
Angel
1 Estonia, Germany, United States Series A, Seed, Angel Artificial Intelligence, Software, Communities $6M–$7.6M
Iaroslav Belkin
Angel
1 Estonia Pre-Seed SaaS, Web3, Events $1M–$1.2M
Pablo Palma
Angel
1 Estonia Pre-Seed B2B, Travel, Tourism
Lluís Bayer
Angel
1 Estonia Pre-Seed Rental, Recruiting, Advertising
Hubertus Thonhauser
Angel
1 United States, The Netherlands, United Arab Emirates Seed, Angel, Series A Mobile, E-Commerce, Mobile Apps $10M–$30M
Martin Tajur
Angel
1 Estonia, Poland, Ukraine Pre-Seed, Seed, Angel Software, Artificial Intelligence, SaaS $136k–$2.7M
Raigo Õunapuu
Angel
1 Estonia Pre-Seed Apps, GPS, Pet $79k–$122k
Martin Henk
Angel
1 Estonia, United States, United Kingdom Pre-Seed, Seed, Angel Software, SaaS, Marketplace $218k–$5.1M
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Investor list

Kuido Lepik
Angel · 2 investments in Estonia Community startups

Kuido Lepik - Owner & CEO @ Signiti

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Investment focus

  • Industry: Apps, Software, B2B
  • Stage:Seed, Pre-Seed
  • Geography: Estonia, Germany

Investor stats

  • Total investments: 5
  • Round size: Seed $262k–$354k; Pre-Seed $47k–$79k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Traxby — Traxby OÜ (formerly Huntloc OÜ) is a company owned by Estonian owners, founded in 2013, which develops various real-time tracking platforms via a smartphone and manufactures tracking devices. The company’s product portfolio includes the following solutions: hunting platform Huntloc for hunters, team management platform LiveTeam, dog tracking appDoglo. The company has developed its own GPS-GSM tracking device, which is mainly intended for tracking dogs. The device is long life, robust, water resistant, no distance limitation.
  • CostPocket — CostPocket is an accountancy startup intended to help accountants receive receipts from their clients in a much faster and easier way. Its expense management software automates business expense entry, eliminates paper trail, and reduces administrative effort and helps to ease the workflow and save 75% of the time accountants spend on receipts,enabling clients to save time on receipt delivery.The company was founded in 2016 and is headquartered in Tallinn, Estonia.
  • Zelos Team Management — A very simple app for mobile teams. Promoting #volunteering and #selfsignup as a mindset for successful teamwork everywhere.
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Arvi Tavast
Angel · 1 investments in Estonia Community startups

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

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Investment focus

  • Industry: AgTech, Farming, Big Data
  • Stage:Seed, Angel
  • Geography: Estonia, United Kingdom

Investor stats

  • Total investments: 4
  • Round size: Seed $200k–$681k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Eventornado — Your next hackathon, without the hassle. Built for speed and minimal human errors.
  • Deltasight — Data-centric products and services for innovation and IP strategy. #innovation #patents #bigdata #datamining
  • VitalFields — VitalFields is a digital agriculture company that offers an easy-to-use farm management system for farmers to plan, manage and analyze their field activities, including simplified tracking and reporting of all crop inputs to help ensure compliance with European Union environmental standards. Founded in 2011 and based in Tallinn, Estonia,VitalFields is available in several European countries.
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Pascal Christian Weinberger
Angel · San Francisco, California, United States · 1 investments in Estonia Community startups

Pascal Christian Weinberger - CEO & Co-Founder @ Bardeen

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Investment focus

  • Industry: Artificial Intelligence, Software, Communities
  • Stage:Series A, Seed, Angel
  • Geography: Estonia, Germany, United States

Investor stats

  • Total investments: 4
  • Round size: Series A $6M–$7.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Zowie — Zowie is the brain powering customer service automation. Plug in Zowie AI Chatbot in minutes, automate in hours. No code. Zowie self-learns. Get a free demo!
  • simpleclub — simpleclub is Germany’s leading AI-powered training infrastructure, redefining how companies qualify their workforce. With millions of users and 500+ enterprise customers including Bosch, BMW, Amazon, and Audi, simpleclub has become the trusted solution for business-critical vocational training and workforce reskilling. Independent research showsthat 90% of learners rapidly close skill gaps, while companies save over €50m annually and reduce trainer workload by up to 8 hours per week.Unlike optional HR tools, simpleclub is embedded into core operations as mandatory infrastructure. Its Service-as-a-Software model combines interactive learning with intelligent management: an AI co-pilot that creates personalized learning plans, delivers adaptive content, tracks progress, and prescribes interventions. For large enterprises, simpleclub integrates seamlessly with LMS/HR systems such as SAP SuccessFactors, Cornerstone, Docebo, and Microsoft Teams. For SMBs, it runs autonomously like a digital employee.simpleclub is positioned to define the global category of AI-driven workforce qualification.
  • Envelop Risk — Envelop is a reinsurance firm, specialising in cyber and other emerging risks. Providing market-leading returns with our proprietary risk estimation and capital management system.
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Iaroslav Belkin
Angel · 1 investments in Estonia Community startups

Yaroslav Belkin established Belkin Marketing as Founder & CEO in 2007. With his extensive experience in PR and GR, he chalked another milestone in 2018 with the Cointelegraph team where he worked as Head of Marketing for Cointelegraph events and Chief Marketing Officer at NewsBTC Media Group.Mr. Belkin focuses exclusively on DigitalMarketing and Marketing Strategies with extensive experience in ICO Marketing and PR. As ICO Advisor with a meticulous sense for details, he is well known in major US, European and Asian regions. He is regularly mentioned in crypto news media as one of the top providers of ICO Marketing services.While he has gained animosity with his no-holds-barred reviews as an ICOBench Expert, Yaros welded close friendships with similar advocates for truth and transparency: Ameer Rosic, Ivan On Tech, and many more stalwarts of the blockchain and crypto community.

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Investment focus

  • Industry: SaaS, Web3, Events
  • Stage:Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 2
  • Round size: Pre-Seed $1M–$1.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • DogeOS — The App Layer for Dogecoin, from the founders of @MyDoge, the #1 Dogecoin Wallet. (No Token Avoid Scams)
  • BKSBackstage — All-in-one Web3 platform to book tickets, travel & unlock rewards. Fans earn. Artists own. Powered by $BKS.
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Pablo Palma
Angel · 1 investments in Estonia Community startups

CTO @ RhomTrip

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Investment focus

  • Industry: B2B, Travel, Tourism
  • Stage:Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • RhomTrip — RhomTrip is an Estonian-based Travel Tech company which specializes in Worldwide Airport Transfers and Chauffeur Services.
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Lluís Bayer
Angel · 1 investments in Estonia Community startups

Investment focus

  • Industry: Rental, Recruiting, Advertising
  • Stage:Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • Cacttoos — Welcome to our platform! We are dedicated to bringing together tattoo artists with available studio spaces and helping studios find renters for their booths. As the "Airbnb" of the tattoo world, our goal is to make it easy for tattoo artists to find new opportunities and for studio owners to fill their vacant spaces. With years ofexperience in the industry, we understand the challenges that both parties face and strive to provide a seamless solution. Whether you're a tattoo artist seeking a new studio or a studio owner looking to rent out your space, we invite you to join our community and take your business to the next level. Let us help you succeed in the tattoo industry.
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Hubertus Thonhauser
Angel · Dubai, Dubai, United Arab Emirates · 1 investments in Estonia Community startups

Hubertus Thonhauser - Managing Partner @ Enabling Future

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Investment focus

  • Industry: Mobile, E-Commerce, Mobile Apps
  • Stage:Seed, Angel, Series A
  • Geography: United States, The Netherlands, United Arab Emirates

Investor stats

  • Total investments: 11
  • Round size: Series A $10M–$30M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Eventornado — Your next hackathon, without the hassle. Built for speed and minimal human errors.
  • Bringoo — Bringoo is an application for grocery deliveries from local stores. Customers order their grocery on the Bringoo application and pay online. Our shoppers collect the order and our riders deliver them - all within 45 minutes.
  • myco — myco is a content streaming super dApp that smoothly integrates AVOD and SVOD capabilities into a decentralized ecosystem.
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Martin Tajur
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Community startups

Martin Tajur is the co-founder of Pipedrive.

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Investment focus

  • Industry: Software, Artificial Intelligence, SaaS
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Estonia, Poland, Ukraine

Investor stats

  • Total investments: 17
  • Round size: Seed $800k–$2.7M; Angel $136k–$566k; Pre-Seed $401k–$2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • YuMuuv — YuMuuv is an employee wellness platform that uses science-based formulas to capture data and keeps track of physical activity & leaderboard.
  • Shen.AI — Discover how Shen AI turns your smartphone into a health companion - no wearables, just powerful, camera-based health insights.
  • SegmentStream — At SegmentStream we partner with growth leaders to drive more revenue from paid media through full-funnel attribution, incrementality measurement and automated cross-channel budget allocation powered by predictive AI.
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Raigo Õunapuu
Angel · 1 investments in Estonia Community startups

Raigo Õunapuu is the CEO and Co-Founder at FOB Solutions, the Founder of Syntax Investments, and an Investor at Estonian Business Angels Network. He previously worked as the Service/Project Manager at Ixonos. Raigo attended TalTech – Tallinn University of Technology.

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Investment focus

  • Industry: Apps, GPS, Pet
  • Stage:Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 2
  • Round size: Pre-Seed $79k–$122k
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Traxby — Traxby OÜ (formerly Huntloc OÜ) is a company owned by Estonian owners, founded in 2013, which develops various real-time tracking platforms via a smartphone and manufactures tracking devices. The company’s product portfolio includes the following solutions: hunting platform Huntloc for hunters, team management platform LiveTeam, dog tracking appDoglo. The company has developed its own GPS-GSM tracking device, which is mainly intended for tracking dogs. The device is long life, robust, water resistant, no distance limitation.
  • MyGames — MyGames offers a set of solutions to help tennis court owners to reduce administrative costs, improve occupancy, and increase profit: Online booking system + mobile app; Marketplace platform; Venue controller for automatic management (access, lighting, etc). We bring less effort, new players, more money and free time for court owners &managers.
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Martin Henk
Angel · San Francisco, California, United States · 1 investments in Estonia Community startups

Martin Henk is the Co-founder of Pipedrive.

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Investment focus

  • Industry: Software, SaaS, Marketplace
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Estonia, United States, United Kingdom

Investor stats

  • Total investments: 20
  • Round size: Seed $413k–$5.1M; Pre-Seed $218k–$2.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Vendis.ai — A CRM that actually understands you. Your intelligent AI sales companion. Conversation in, pipeline out. Zero forms.
  • Baserow — Discover Baserow, the open-source no-code platform for building databases and applications. No code or technical skills needed. Start creating for free today!
  • Breyta — Gather all your qualitative data and our AI assistant transcribes, analyses and delivers you accurate product insights and patterns at scale in seconds.
Show all investments...

Community Angel investor funding in Estonia at a glance

Stats across 10 deals from 15 investors.

15
investors
in Estonia Community startups
10
deals
in Estonia Community startups
$96k
median round
in Estonia Community startups
40%
lead investors
lead at least one round
70%
Pre-Seed
most common funding stage

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