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Top 50 Financial Services Angel Investors in Estonia (June 2026)

The most active angel investors investing in Estonia Financial Services startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Estonia Financial Services startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Alvar Lumberg
Angel
3 Estonia Seed, Pre-Seed, Angel Software, Information Technology, FinTech $533k–$2.4M
Triin Hertmann
Angel
3 Estonia Seed, Pre-Seed FinTech, Software, E-Commerce $143k–$2.7M
Andrew Prozes
Angel
2 Brazil, Estonia, United States Seed, Series A, Angel Information Technology, FinTech, Software $3.4M–$10M
Ott Kaukver
Angel
2 Estonia, United States, United Kingdom Series A, Seed, Pre-Seed Software, Financial Services, SaaS $397k–$26M
Martin Sokk
Angel
2 Estonia Pre-Seed, Seed Rental, FinTech, Finance
Kair Käsper
Angel
2 Estonia, United States, Lithuania Pre-Seed, Seed, Angel Software, SaaS, Financial Services $533k–$2.7M
Anatoly Yakovenko
Angel
2 United States, United Kingdom, France Seed, Series A Blockchain, Software, Cryptocurrency $2.5M–$74M
Rain Lõhmus
Angel
2 Estonia, United States, United Kingdom Seed, Series A, Series B Mobile Payments, SaaS, Mobile $263k–$4.4M
Austin Federa
Angel
2 United States, Estonia, Singapore Seed, Pre-Seed, Series A Blockchain, Web3, Cryptocurrency $2M–$11M
Julien Bouteloup
Angel
2 France, Singapore, United States Seed, Angel, Pre-Seed Cryptocurrency, Blockchain, Finance $250k–$10M
Kash Dhanda
Angel
2 Estonia, Singapore Seed, Angel, Pre-Seed Blockchain, Web3, Cryptocurrency $5.5M–$11M
Markus Villig
Angel
2 Estonia, United States, United Kingdom Seed, Pre-Seed, Angel Software, Information Technology, FinTech $230k–$3.5M
Taavet Hinrikus
Angel
2 United Kingdom, United States, Estonia Seed, Series A, Series B FinTech, Software, Financial Services $1M–$52M
Maximilian Tayenthal
Angel
2 Germany, United Kingdom, Spain Seed, Pre-Seed, Series A FinTech, Financial Services, Software $202k–$15M
Taavi Kotka
Angel
2 Estonia Pre-Seed, Seed, Angel Electronics, Battery, FinTech $292k–$4.4M
Kristjan Raude
Angel
1 Estonia, United States Seed, Pre-Seed, Equity Crowdfunding Software, Automotive, Internet of Things $71k–$2.7M
Marek Kiisa
Angel
1 Estonia, United States, Sweden Seed, Series A, Pre-Seed Software, Information Technology, Transportation $165k–$25M
Mikko Silventola
Angel
1 Estonia, Finland, United States Pre-Seed, Seed, Angel E-Commerce, Software, Transportation $37k–$4.3M
Johannes Jõgi
Angel
1 Estonia Seed SaaS, Mobile, Analytics
Erik Kaju
Angel
1 Estonia, United States Seed, Series A Mobile, Fashion, Printing $5M–$50M
Fernando Palma
Angel
1 Estonia Pre-Seed FinTech, Lending, Financial Services
Kartik Varma
Angel
1 Estonia Seed Internet, Insurance, Marketplace
Martin Cass
Angel
1 Estonia Seed Internet, Insurance, Marketplace
Oliver Ahlberg
Angel
1 Estonia Seed, Angel Software, Information Technology, Artificial Intelligence $823k–$1M
John Tsioris
Angel
1 Greece, Estonia Pre-Seed, Seed, Series A Travel, Farming, Internet $156k–$2.4M
Melisa İtmeç
Angel
1 Estonia Pre-Seed Software, Cryptocurrency, Artificial Intelligence
Jüri Laur
Angel
1 Estonia Seed, Pre-Seed Software, Financial Services
Kaido Kepp
Angel
1 Estonia Pre-Seed Financial Services
Ragnar Sass
Angel
1 Estonia, Ukraine, United States Seed, Pre-Seed Information Technology, Software, SaaS $110k–$6M
Richard Howard
Angel
1 Estonia, United Kingdom Seed Internet, Software, Insurance $1.2M–$4.6M
Marko Virkebau
Angel
1 Estonia, South Africa Seed, Pre-Seed Software, Energy, Mobile $636k–$2.4M
Kairi Pauskar
Angel
1 Estonia Pre-Seed Software, Sustainability, Financial Services
Manu Marín
Angel
1 Estonia Pre-Seed Apps, FinTech, Mobile Apps
Johan Pietilä Holmner
Angel
1 Estonia Pre-Seed Finance, Payments, Financial Services
Barney Hussey
Angel
1 United Kingdom, Estonia, United States Pre-Seed, Seed, Series A FinTech, Software, SaaS
Alistair Owen
Angel
1 Greece, United Kingdom, Poland Seed, Series A E-Commerce, Health Care, Marketplace
Apostolos Apostolakis
Angel
1 Greece, United States, United Kingdom Seed, Series A E-Commerce, Health Care, FinTech
Sergei Anikin
Angel
1 Estonia Pre-Seed, Series A, Series B SaaS, Software, Manufacturing
Sameer Singh
Angel
1 United Kingdom, France, Sweden Seed, Pre-Seed, Angel Apps, Software, Mobile
Peter Sandberg
Angel
1 Denmark, Kenya, Estonia Angel, Pre-Seed, Secondary Market Internet, SaaS, FinTech $150k–$212k
Matteo Gamba
Angel
1 United Kingdom, Italy, Estonia Equity Crowdfunding, Convertible Note, Series A FinTech, Financial Services, Banking
Moaffak Ahmed
Angel
1 Finland, Estonia, United States Pre-Seed, Seed, Series B Music, Cryptocurrency, Video Conferencing
Kemal Tamer
Angel
1 Turkey, Estonia Pre-Seed, Seed FinTech, Finance, Software
Jevgeni Kabanov
Angel
1 Estonia, Ukraine, United States Pre-Seed, Seed, Series A Health Care, E-Commerce, Apps
Mihkel Karu
Angel
1 Estonia Seed Financial Services
Shola Akinlade
Angel
1 Nigeria, Kenya, Rwanda Pre-Seed, Seed FinTech, Education, Financial Services
Martin Kõiva
Angel
1 United States Pre-Seed SaaS, Software, Employment
Celil Öztürk
Angel
1 Estonia Pre-Seed Software, Cryptocurrency, Artificial Intelligence
Sten Tamkivi
Angel
1 Estonia, United States, United Kingdom Seed, Series A, Pre-Seed Software, Artificial Intelligence, Financial Services
Jon Oringer
Angel
1 United States, United Kingdom, France Seed, Pre-Seed Software, Information Technology, E-Commerce
Access all 42 angel investors in Estonia Financial Services startups.

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Alvar Lumberg
Angel · 3 investments in Estonia Financial Services startups

Alvar Lumberg

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Investment focus

  • Industry: Software, Information Technology, FinTech
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Estonia

Investor stats

  • Total investments: 12
  • Round size: Seed $587k–$2.4M; Pre-Seed $533k–$2.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Esgrid — Esgrid provides value-chain sustainability management solutions to medium-sized businesses and financial institutions.
  • Fyma — Urban vision factory - turning cameras into sensors using AI-sight
  • ScamGuardian.AI — Providing Actionable Intelligence to Stop Scams
Show all investments...

Triin Hertmann
Angel · Tallinn, Harjumaa, Estonia · 3 investments in Estonia Financial Services startups

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.

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Investment focus

  • Industry: FinTech, Software, E-Commerce
  • Stage:Seed, Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 7
  • Round size: Seed $1.8M–$2.7M; Pre-Seed $143k–$531k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Yaga — Yaga is designed for everyone who wants to sell items online in a convenient and secure manner.
  • Grünfin — Grünfin is a sustainable investing platform for people who care about their impact.
  • CARÁ Health — Suun combines a midwife-powered app with studios in Tallinn and Berlin to ease pregnancy and postpartum symptoms, build strength and support you every day.
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Andrew Prozes
Angel · New York, New York, United States · 2 investments in Estonia Financial Services startups

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.

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Investment focus

  • Industry: Information Technology, FinTech, Software
  • Stage:Seed, Series A, Angel
  • Geography: Brazil, Estonia, United States

Investor stats

  • Total investments: 9
  • Round size: Seed $3.7M–$4.4M; Series A $3.4M–$10M
  • Lead/follow: 22% lead, 78% follow

Portfolio highlights

  • Salv — Smart AML solutions. Detect and mitigate money laundering risks through advanced transaction monitoring, sanction screening, and KYC risk scoring.
  • CAF — We are specialists in combating identity theft and people trying to impersonate others.
  • Xolo — Xolo is an all-for-solos business engine that provides local and global solutions for business formation, VAT-compliant invoicing, accounting, tax reporting, business expenses and more.
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Ott Kaukver
Angel · Menlo Park, California, United States · 2 investments in Estonia Financial Services startups

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

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Investment focus

  • Industry: Software, Financial Services, SaaS
  • Stage:Series A, Seed, Pre-Seed
  • Geography: Estonia, United States, United Kingdom

Investor stats

  • Total investments: 30
  • Round size: Seed $2M–$5.4M; Pre-Seed $397k–$2.2M; Series A $8.5M–$26M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • NFTPort — Simple & powerful NFT infrastructure and APIs. Mint NFTs, deploy contracts, get multi-chain NFT data and enhanced APIs. Grab your free API Key now: nftport.xyz
  • Askel.ai — Askel.ai elevates SaaS with embedded AI automation.
  • Propel — Easily build in-product analytics powered by large-scale data. Propel's serverless GraphQL API makes building and running data products seamless.
Show all investments...

Martin Sokk
Angel · London, England, United Kingdom · 2 investments in Estonia Financial Services startups

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

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Investment focus

  • Industry: Rental, FinTech, Finance
  • Stage:Pre-Seed, Seed
  • Geography: Estonia

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Montonio — 10x lower fees and the most customer-friendly financing solution.
  • Vok Bikes — We build heavy-duty cargo bikes and rent them out to on-demand delivery companies and their couriers — no surprises, no extra fees. Currently active in Tallinn and Vilnius and expanding to London and Berlin Q4 2021.
Show all investments...

Kair Käsper
Angel · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Financial Services startups

Kair Käsper

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Investment focus

  • Industry: Software, SaaS, Financial Services
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Estonia, United States, Lithuania

Investor stats

  • Total investments: 6
  • Round size: Seed $584k–$2.7M; Pre-Seed $533k–$1.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Corner Renovation — Volume Hiring AI Automator
  • Montonio — 10x lower fees and the most customer-friendly financing solution.
  • Frontu — Field service management software designed to simplify business operations. Learn how FSM can transform your field service company. Try now!
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Anatoly Yakovenko
Angel · San Francisco, California, United States · 2 investments in Estonia Financial Services startups

Anatoly is the creator of Solana. He led development of operating systems at Qualcomm, distributed systems at Mesosphere, and compression at Dropbox. He holds 2 patents for high performance Operating Systems protocols, was a core kernel developer for BREW which powered every CDMA flip phone (100m+ devices), and led development of tech that madeProject Tango (VR/AR) possible on Qualcomm phones.

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Investment focus

  • Industry: Blockchain, Software, Cryptocurrency
  • Stage:Seed, Series A
  • Geography: United States, United Kingdom, France

Investor stats

  • Total investments: 65
  • Round size: Seed $2.5M–$11M; Series A $9.5M–$74M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Raiku — Raiku is a Web3 infrastructure startup focused on enhancing the Solana blockchain's reliability and predictability.
  • VeryAI — VeryAI develops a privacy-preserving identity verification platform using palm-scan biometrics on the Solana blockchain.
  • Inference — Inference is a distributed GPU cluster for LLM inference based on Solana, providing a fast, scalable, and token-based API for models such as DeepSeek V3 and Llama 3.3.
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Rain Lõhmus
Angel · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Financial Services startups

Rain co-founded Livonia Partners. He has one of the most extensive investment and entrepreneurial track records in the Baltics across a wide range of industries. In 1991 Rain co-founded Hansabank, the largest pan-Baltic financial institution. The bank grew both organically and via acquisitions into the largest bank in the Baltics and was sold toSwedbank in 1998. In 1999 Rain created and later successfully exited a venture capital fund, New Economy Ventures, having invested in 7 technology companies, including Forticom and CV-Online. The fund returned to its investors more than 8 times the invested capital. In 1999 Rain also founded LHV Group, a pan-Baltic banking group, which held its IPO on Tallinn Stock Exchange in 2016. In 2005 he co-founded LHV Capital with Mindaugas Utkevičius and has invested into Veju Spektras, Archyvu Centras, Qvalitas Medical Centre and Baltic Ticket Holdings.

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Investment focus

  • Industry: Mobile Payments, SaaS, Mobile
  • Stage:Seed, Series A, Series B
  • Geography: Estonia, United States, United Kingdom

Investor stats

  • Total investments: 5
  • Round size: Seed $263k–$4.4M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Salv — Smart AML solutions. Detect and mitigate money laundering risks through advanced transaction monitoring, sanction screening, and KYC risk scoring.
  • Wwwash — Download wwwash app. Car wash - hardware and software to connect every car wash to cloud. wwwash.
  • Snabb — Barking delights vehicle owners by enabling services such as parking, washing, charging, and fuelling from one user-friendly and convenient interface- the Barking App. Browse, book, navigate, start, pay, review and manage your vehicle services from one easy-to-use App.Founded in 2015, we've grown from a Tallinn-based private parking App toan international platform that serves over 50,000 users in 10 markets on a monthly basis.We are constantly working towards connecting all vehicle service providers to our platform and thus enabling the ultimate convenience and simplicity to vehicle owners.
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Austin Federa
Angel · New City, New York, United States · 2 investments in Estonia Financial Services startups

Austin Federa is based out of New York, New York and is the Co-Founder of DoubleZero. Austin previously worked at the Solana Foundation as a Head of Strategy. Austin Federa attended Lawrence University.

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Investment focus

  • Industry: Blockchain, Web3, Cryptocurrency
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Estonia, Singapore

Investor stats

  • Total investments: 9
  • Round size: Seed $5.5M–$11M; Pre-Seed $2M–$3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Elmnts — A tokenized commodity ecosystem, backed by real-world assets.
  • Compute Labs — computing Labs is a tokenized real-world asset (RWA) company dedicated to democratizing access to the computing industry using blockchain technology.
  • Eclipse — The first customizable, modular rollups, using the Solana VM. Sign up to access our testnet.
Show all investments...

Julien Bouteloup
Angel · London, England, United Kingdom · 2 investments in Estonia Financial Services startups

Julien Bouteloup is a Founder and CEO at Stake Capital Group. Julien previously worked at The British Blockchain Association as a Information Technology Advisor.Julien Bouteloup is a serial entrepreneur and inventor addicted to crazy innovative ideas. He has started his entrepreneurial career building websites and selling hardware technologies atage 14. He holds a Master's degree in Electrical Engineering from Union Graduate College (USA) and a Master's degree in Computer Science and Electrical Engineering from GEM (France), specializing in Artificial Intelligence.He started working in the research sector in USA and then went back to Europe where he started freelancing full-time and consulting in the IT sector for Security & Defence. After 2 years, he quit his freelance position to become a full-time entrepreneur and left to Asia. He has helped and started multiple tech startups in different locations: NYC, Paris, London, Hong-Kong, Brussels and Singapore.In 2017, he founded the Flyingcarpet Network.

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Investment focus

  • Industry: Cryptocurrency, Blockchain, Finance
  • Stage:Seed, Angel, Pre-Seed
  • Geography: France, Singapore, United States

Investor stats

  • Total investments: 26
  • Round size: Seed $1M–$10M; Angel $250k–$2.5M; Pre-Seed $960k–$3M
  • Lead/follow: 4% lead, 96% follow

Portfolio highlights

  • Raiku — Raiku is a Web3 infrastructure startup focused on enhancing the Solana blockchain's reliability and predictability.
  • Zama — Secure data privacy of your application with the Zama Concrete framework and its fully homomorphic encryption library
  • Self Protocol — Self is spearheading a secure, human-first internet by allowing users to verify their identities while maintaining their privacy. Self Protocol is an identity and proof-of-humanity solution that uses zero-knowledge technology to confirm personhood and distinctive traits, like age and nationality, without revealing private information.
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
Kash Dhanda
Angel · 2 investments in Estonia Financial Services startups

Kash Dhanda

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Investment focus

  • Industry: Blockchain, Web3, Cryptocurrency
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Estonia, Singapore

Investor stats

  • Total investments: 5
  • Round size: Seed $5.5M–$11M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Raiku — Raiku is a Web3 infrastructure startup focused on enhancing the Solana blockchain's reliability and predictability.
  • Arcium — The first parallelized confidential computing network.
  • SOON — SOON is building the highest throughput stack that allows for any SVM L2 to be deployed on any L1.
Show all investments...

Markus Villig
Angel · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Financial Services startups

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

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Investment focus

  • Industry: Software, Information Technology, FinTech
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Estonia, United States, United Kingdom

Investor stats

  • Total investments: 27
  • Round size: Seed $1.1M–$3.5M; Pre-Seed $230k–$3.4M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • GScan — Cosmic-ray based solutions for 3D imaging. GScan redefines the boundaries of 3D scanning with Muon Flux Technology (MFT) detectors. Unparalleled quality, safety, ease-of-use. Scan anything. Detect everything.
  • Sera — Sera's AI streamlines prospecting with tailored lists and enriched profiles, including accurate emails and metrics.
  • ScamGuardian.AI — Providing Actionable Intelligence to Stop Scams
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Taavet Hinrikus
Angel · London, England, United Kingdom · 2 investments in Estonia Financial Services startups

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.

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Investment focus

  • Industry: FinTech, Software, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United Kingdom, United States, Estonia

Investor stats

  • Total investments: 125
  • Round size: Seed $1M–$7.9M; Series A $7M–$47M; Series B $23M–$52M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Juro — Juro is an all-in-one contract automation platform that helps legal and business users to agree & manage contracts in one unified workspace.
  • Meatable — Meatable is a food production company that produces real and guilt-free meat. With one cell, they are revolutionizing the meat industry's impact on climate change and animal welfare. At the same time they increase food security, without compromising the culinary experience of eating tasty, real meat. They aim to satisfy the world'sappetite for meat without harming people, animals, and the planet.It was founded in 2018 and is headquartered in Delft, South Holland, The Netherlands.
  • Skeleton Technologies — Skeleton Technologies is the global leader in ultracapacitor & supercapacitor energy storage and helps companies in automotive, transportation, grid, and industry to save energy.
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Maximilian Tayenthal
Angel · Berlin, Berlin, Germany · 2 investments in Estonia Financial Services startups

Maximilian Tayenthal is co-founder and co-CEO of N26. Together with his business partner and friend Valentin Stalf, he built one of the first and now fastest-growing mobile banks in Europe. Their vision was to create a retail bank that's flexible, transparent and speaks to today's digital lifestyles. Previously, Max worked in a varietyof consulting and financial roles at leading professional services firms, including CMS and Booz & Company. Max holds bachelor’s and master’s degrees in economics and business administration from the University of Vienna. He also has a master’s degree in economics from the Community of European Management Schools, as well as a law degree form the University of Vienna. Max is a CFA charterholder. While Max is based in Berlin, he always makes time for his passion outside of personal finance: skiing in the mountains of Austria and Switzerland.

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Investment focus

  • Industry: FinTech, Financial Services, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Germany, United Kingdom, Spain

Investor stats

  • Total investments: 26
  • Round size: Seed $1.1M–$7M; Pre-Seed $202k–$3.3M; Series A $11M–$15M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Terra One — Terra One engages in the development and operation of large-scale battery storage systems.
  • Calibre — Calibre uses causal AI in conjunction with clinical expertise to help people understand what is truly influencing their health and how to modify it.
  • Exakt Health — Exakt Health is the physio app for sports injuries. The Exakt Health app guides users through self-diagnosis for frequent sports injuries and then creates an individualized rehabilitation plan.
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Taavi Kotka
Angel · 2 investments in Estonia Financial Services startups

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.

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Investment focus

  • Industry: Electronics, Battery, FinTech
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Estonia

Investor stats

  • Total investments: 7
  • Round size: Seed $1.9M–$4.4M; Pre-Seed $292k–$1.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Salv — Smart AML solutions. Detect and mitigate money laundering risks through advanced transaction monitoring, sanction screening, and KYC risk scoring.
  • VOOL — VOOL is a one-stop shop for EV Charging. Experience chargers that are reliable, save money, and look damn good. Made in Estonia.
  • Introwise — Introwise makes it easy for everyday experts to offer coaching and advice online.
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Kristjan Raude
Angel · 1 investments in Estonia Financial Services startups

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.

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Investment focus

  • Industry: Software, Automotive, Internet of Things
  • Stage:Seed, Pre-Seed, Equity Crowdfunding
  • Geography: Estonia, United States

Investor stats

  • Total investments: 13
  • Round size: Seed $488k–$1.3M; Pre-Seed $71k–$549k; Equity Crowdfunding $168k–$2.7M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • Askly — Add multilingual chat to any site in 2 minutes. Providing multilingual customer support is easy and affordable. Start a 30-day free trial today.
  • Snabb — Barking delights vehicle owners by enabling services such as parking, washing, charging, and fuelling from one user-friendly and convenient interface- the Barking App. Browse, book, navigate, start, pay, review and manage your vehicle services from one easy-to-use App.Founded in 2015, we've grown from a Tallinn-based private parking App toan international platform that serves over 50,000 users in 10 markets on a monthly basis.We are constantly working towards connecting all vehicle service providers to our platform and thus enabling the ultimate convenience and simplicity to vehicle owners.
  • Promoty — Influencer marketing platform that helps you to find creators, manage influencer relationships, and save time on influencer marketing. Get started here!
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Marek Kiisa
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Financial Services startups

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

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Investment focus

  • Industry: Software, Information Technology, Transportation
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Estonia, United States, Sweden

Investor stats

  • Total investments: 49
  • Round size: Seed $263k–$8M; Pre-Seed $165k–$2.2M; Series A $4.3M–$25M
  • Lead/follow: 41% lead, 59% 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.
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Mikko Silventola
Angel · 1 investments in Estonia Financial Services startups

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.

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Investment focus

  • Industry: E-Commerce, Software, Transportation
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Estonia, Finland, United States

Investor stats

  • Total investments: 18
  • Round size: Seed $191k–$4.3M; Angel $37k–$111k; Pre-Seed $230k–$2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Corner Renovation — Volume Hiring AI Automator
  • Awesomic — Get matched with the best-fit designer on a fixed budget with no stress. Place a design task and see the first results on the next business day. Start today!
  • Montonio — 10x lower fees and the most customer-friendly financing solution.
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Johannes Jõgi
Angel · 1 investments in Estonia Financial Services startups

Johannes Jõgi

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Investment focus

  • Industry: SaaS, Mobile, Analytics
  • Stage:Seed
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • Festivality — Festivality is a platform technology for festivals and events to build smarter next-generation mobile apps, gain new revenues and actionable event and fan analytics. Festivality digitizes live events and turns them into actionable data.
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Erik Kaju
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Financial Services startups

Erik Kaju

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Investment focus

  • Industry: Mobile, Fashion, Printing
  • Stage:Seed, Series A
  • Geography: Estonia, United States

Investor stats

  • Total investments: 3
  • Round size: Series A $5M–$50M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Printify — Sell custom t-shirts, phone cases, and 800+ products with your designs printed on demand. We will handle printing and shipping to your customers.
  • DriveX Technologies — Decrease your average claim size with AI vehicle inspection tool for CASCO pre-checks and windshield claims.
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Fernando Palma
Angel · Madrid, Madrid, Spain · 1 investments in Estonia Financial Services startups

International Business Consultant | Growth Hacker | IT Expert:Being part of a winning & creative organisation that seeks to build and provide unique technological solutions attending today's market needs; by automate processes, innovation, unique products & solutions.Technological Stack: MEAN Stack: MongoDB, Express, Angular4,NodeJS and JavaScript (JS) Other Tools: TotalJS, React Native, Rethinkdb, DB Files, SCRUM.

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Investment focus

  • Industry: FinTech, Lending, Financial Services
  • Stage:Pre-Seed
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • Brickfy — PROBLEM/OPPORTUNITY Interest rates are still really low meaning savings rates are below inflation. At the same time, more and more people have become comfortable with managing their finances online. These two factors have led to the rise of Alternative Financing and the appearance of a large number of P2P lending platforms. But this boom, inturn, has brought about a very fragmented market, generally with platforms of a local nature, with few products and very different admission requirements for each one, that on occasion prevent investments from foreign investors. All this makes it very difficult for investors and time consuming, not only to distinguish and value the best opportunities but also to access those, which prevents them from optimizing and diversifying their portfolios. Additionally, all of this must be added to the lack of liquidity that most of these alternative investments have and that makes investors reluctant to these investments due to the absence of a secondary market to provide them liquidity. Also the platforms have difficulties with internationalization due to language barriers, the type of currency, and the different regulations, and additionally, it takes a lot of time, effort, and money in distribution and communication to explain their products, as well as in marketing to obtain quality investors, and also promoters looking for funding, on their websites.SOLUTION/PRODUCT The solution is a marketplace for P2P lending investment. A platform of platforms that thanks to deep integration with each of the platforms, allows investors the convenience of investing from a single web and manage their portfolio in a centralized but diversified way. Brickfy's mission is to make investing in P2P as simple, secure and efficient as possible. Our service reduces risk through diversification, enables returns and provides easy access to the market In this way Brickfy helps, on one side, the platforms and loan originators to have greater exposure and dissemination of their opportunities, becoming an international sales channel, acting as a reseller of their loans. On the other side, Brickfy helps investors first to select and invest in the best platforms and investment opportunities by providing them with information, ratings, and reviews. And second we offer them a dashboard to manage their portfolio from a single website. In the midterm, will also offer investors liquidity by easily reselling their assets in our secondary market and the possibility of automating their portfolios by means of the auto-investment option.
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Kartik Varma
Angel · London, England, United Kingdom · 1 investments in Estonia Financial Services startups

Kartik Varma

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Investment focus

  • Industry: Internet, Insurance, Marketplace
  • Stage:Seed
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • Cachet — Truly personal insurance is smart, flexible, and fair. With rates that reflect real life, actual working hours, and good habits in traffic. Quick. Simple. Digital.
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Martin Cass
Angel · Dublin, Dublin, Ireland · 1 investments in Estonia Financial Services startups

Martin Cass

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Investment focus

  • Industry: Internet, Insurance, Marketplace
  • Stage:Seed
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • Cachet — Truly personal insurance is smart, flexible, and fair. With rates that reflect real life, actual working hours, and good habits in traffic. Quick. Simple. Digital.
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Oliver Ahlberg
Angel · 1 investments in Estonia Financial Services startups

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.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Angel
  • Geography: Estonia

Investor stats

  • Total investments: 3
  • Round size: Seed $823k–$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.
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John Tsioris
Angel · Dubai, Dubai, United Arab Emirates · 1 investments in Estonia Financial Services startups

John Tsioris is based out of Dubai and is the Founder and CEO of Re18. John previously worked at InstaShop as a Founder and CEO. John Tsioris attended the Technical University of Crete.

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Investment focus

  • Industry: Travel, Farming, Internet
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Greece, Estonia

Investor stats

  • Total investments: 6
  • Round size: Seed $156k–$2.4M
  • Lead/follow: 17% lead, 83% follow

Portfolio highlights

  • Kriptomat — Simple cryptocurrency investing for everyone. Buy, trade, and invest in Bitcoin & other cryptocurrencies on secure, licensed crypto exchange Kriptomat.
  • Pandas — We are Green Panda and our mission is to give consumers the most value out of their smartphone with zero hassle, by empowering them to sell/trade it in the fastest, safest, and easiest way possible. 1Bn (with a B!) smartphones stop being used, every year after you upgrade to the latest and greatest. But there is a solution as simple astrading them in and getting paid while participating in the circular economy. So, why aren’t people selling their old phones, we wondered? This is where Green Panda comes in. Inspired by humans and powered by tech, we make sure that the frustrating experience of selling your smartphone is now as quick and easy as using a kiosk near you. Our patented A.I. technology in the Green Panda kiosks allows us to evaluate a smartphone’s condition, from the smallest nick to serious technical issues, with unprecedented accuracy. Oh, and we pay users on the spot, straight to their bank account/credit card.
  • Welcome Pickups — Book a trusted local driver to pick you up and introduce you to your next destination, pre-order travel essentials.
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Melisa İtmeç
Angel · 1 investments in Estonia Financial Services startups

Melisa İtmec is a Coordinator of EGİAD Angels Investment Network.

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Investment focus

  • Industry: Software, Cryptocurrency, Artificial Intelligence
  • Stage:Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Ziv4 Technology — Ziv4 Technology is an artificial intelligence algorithm-focused financial technology startup.
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Jüri Laur
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Financial Services startups

Jüri Laur Expert in international online payment systems. 12 years of experience in high-volume merchant environments with globally known brands such as Skype and Full Tilt Poker.

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Investment focus

  • Industry: Software, Financial Services
  • Stage:Seed, Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Mifundo — Mifundo ensures trust between banks and individuals by providing secure, verified financial histories across borders.
  • Reiterate — Discover Reiterate, the all-in-one financial operations management platform that automates payment reconciliation, streamlines workflows, and enhances financial accuracy and transparency. Book a demo today!
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Kaido Kepp
Angel · 1 investments in Estonia Financial Services startups

Kaido Kepp

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Investment focus

  • Industry: Financial Services
  • Stage:Pre-Seed
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • Mifundo — Mifundo ensures trust between banks and individuals by providing secure, verified financial histories across borders.
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Ragnar Sass
Angel · 1 investments in Estonia Financial Services startups

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.

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Investment focus

  • Industry: Information Technology, Software, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Estonia, Ukraine, United States

Investor stats

  • Total investments: 33
  • Round size: Seed $677k–$6M; Pre-Seed $110k–$2.2M
  • Lead/follow: 12% lead, 88% follow

Portfolio highlights

  • Shen.AI — Discover how Shen AI turns your smartphone into a health companion - no wearables, just powerful, camera-based health insights.
  • Legal Nodes — Offload your legal tasks to a virtual legal department and get on with running your business. Get started with the Legal Nodes platform for free.
  • Ampler Bikes — Ampler is a light electric bike for everyone who seeks freedom and adventure in their daily routines and commutes. No heavy batteries, bulky screens or other clutter. We combine modern technology with a traditional bicycle design to make pedalling easier, lighter and faster. Our vision is to offer emotive zero-emission commuting for everyone.Since 2016, Ampler has grown from a small bicycle startup into a committed e-bike company with a large international team and showrooms in Berlin, Cologne, Amsterdam, Zurich and Tallinn. Our lightweight e-bike models Curt, Stout and Stellar have won multiple awards and are being used every day by over 10,000 happy riders all over Europe.Our team spirit, mission, values and production principles are still the same as on the early days of Ampler. All our bikes are designed with the highest attention to details and are hand-assembled in our factory in Tallinn, Estonia.
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Richard Howard
Angel · London, England, United Kingdom · 1 investments in Estonia Financial Services startups

Richard Howard - Startup Business Development Manager (UK) @ Amazon Web Services

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Investment focus

  • Industry: Internet, Software, Insurance
  • Stage:Seed
  • Geography: Estonia, United Kingdom

Investor stats

  • Total investments: 2
  • Round size: Seed $1.2M–$4.6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Cachet — Truly personal insurance is smart, flexible, and fair. With rates that reflect real life, actual working hours, and good habits in traffic. Quick. Simple. Digital.
  • Mailchain — A secure, open source communications protocol, enabling users to send & receive messages between public addresses
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Marko Virkebau
Angel · 1 investments in Estonia Financial Services startups

Marko Virkebau

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Investment focus

  • Industry: Software, Energy, Mobile
  • Stage:Seed, Pre-Seed
  • Geography: Estonia, South Africa

Investor stats

  • Total investments: 4
  • Round size: Seed $636k–$2.4M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Planet42 — Having your own car has never been easier. Planet42 is a vehicle rental company offering rent-to-buy car service for private clients.
  • LynxPower — Cleantech platform offering wireless metering and AI-driven energy management to track, analyze, and optimize energy use in real time.
  • DriveX Technologies — Decrease your average claim size with AI vehicle inspection tool for CASCO pre-checks and windshield claims.
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Kairi Pauskar
Angel · 1 investments in Estonia Financial Services startups

Kairi Pauskar

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Investment focus

  • Industry: Software, Sustainability, Financial Services
  • Stage:Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Esgrid — Esgrid is the smartest supplier discovery platform in food and beverage. Say goodbye to Googling and GPT, say hello to millions of verified products with enriched contacts. It's all for free, like search should be.
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Manu Marín
Angel · 1 investments in Estonia Financial Services startups

Manu Marín

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Investment focus

  • Industry: Apps, FinTech, Mobile Apps
  • Stage:Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Filtroo — Filtroo is a monetization platform that helps users earn rewards and benefits by integrating social engagement with financial incentives.
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Johan Pietilä Holmner
Angel · Stockholm, Stockholms Lan, Sweden · 1 investments in Estonia Financial Services startups

Johan Pietila Holmner is the Investment Director of Summa Equity. He previously worked at HyTest as a Deputy Board Member. Johan Pietila Holmner attended Stockholm School of Economics.

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Investment focus

  • Industry: Finance, Payments, Financial Services
  • Stage:Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Creem — Creem provides Indie Hackers, Micro-SaaS and SaaS businesses with instant financial tools and functionality. As a Merchant of Record our pre-integrated embeddable components tap your existing data, boosting revenue effortlessly. No costs—pure growth potential for your business.
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Barney Hussey
Angel · London, England, United Kingdom · 1 investments in Estonia Financial Services startups

Barney Hussey-Yeo, co-founder of Cleo.

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Investment focus

  • Industry: FinTech, Software, SaaS
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United Kingdom, Estonia, United States

Investor stats

  • Total investments: 5
  • Lead/follow: no public data

Portfolio highlights

  • Metaview — Metaview uplevels the most outcome-defining part of your recruitment process: your interviews.
  • Clove — Building the financial institution of the future.
  • Aurora — The Operating System for High Performance Living
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Alistair Owen
Angel · London, England, United Kingdom · 1 investments in Estonia Financial Services startups

Apostolos is a serial entrepreneur turned investor. He started his career at Boston Consulting Group where he spent 2 years consulting businesses. On his entrepreneurial path, he has co-founded e-shop.gr, Openfund, e-food, doctoranytime and was a key investor in Taxibeat. Since 2010 he has invested and supported a large number of startups with afocus on e-marketplaces and SaaS. He studied civil engineering at NTUA and holds an MBA from Columbia Business School.

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Investment focus

  • Industry: E-Commerce, Health Care, Marketplace
  • Stage:Seed, Series A
  • Geography: Greece, United Kingdom, Poland

Investor stats

  • Total investments: 20
  • Lead/follow: no public data

Portfolio highlights

  • Kriptomat — Buying, trading, and investing in cryptocurrencies has never been easier! Register in seconds, and start trading crypto in minutes on Kriptomat.
  • pod network — Pod network is a new L1 primitive that is blockless, leaderless and relaxes the notion of transaction total ordering. It is incubated by Common Prefix.
  • Albatross AI — Inspire Customers Boost Conversions Capture Missed Revenues
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Apostolos Apostolakis
Angel · Athens, Attiki, Greece · 1 investments in Estonia Financial Services startups

Diane leads the bank's credit department, providing guidance and leadership to help maintain the quality of the loan portfolio through credit information and loan policies and procedures.

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Investment focus

  • Industry: E-Commerce, Health Care, FinTech
  • Stage:Seed, Series A
  • Geography: Greece, United States, United Kingdom

Investor stats

  • Total investments: 29
  • Lead/follow: no public data

Portfolio highlights

  • HairRemoval.co.uk — HairRemoval UK is an international recognized company that is specialized in laser hair removal treatments.
  • Packhelp — Packhelp makes it easy for anyone to create, order and manage fully custom-branded packaging. It connects customers with the most suitable production possibilities, offering them a broad range of packaging products. Packhelp covers everything from local deliveries of small quantities to global procurement of large volumes, with Packhelp Studio – anonline editor for small businesses, instantly purchasable products and orders from 30 pieces, and Packhelp Plus, which helps mid-market companies scale their packaging needs. Founded in 2015, Packhelp currently serves 50,000 customers from over 30 countries. The list of customers includes brands recognized worldwide, like BMW, H&M, Google, L’Oreal, T-Mobile, Uber, Bolt and Wrangler, and many of the local champions from Europe.
  • Kriptomat — Buying, trading, and investing in cryptocurrencies has never been easier! Register in seconds, and start trading crypto in minutes on Kriptomat.
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Sergei Anikin
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Financial Services startups

Sergei Anikin is the CEO of Tuum. He previously worked at Pipedrive as a Chief Technology Officer. Sergei Anikin attended TalTech – Tallinn University of Technology.

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Investment focus

  • Industry: SaaS, Software, Manufacturing
  • Stage:Pre-Seed, Series A, Series B
  • Geography: Estonia

Investor stats

  • Total investments: 7
  • Lead/follow: no public data

Portfolio highlights

  • Twenty (YC S23) — Building a better Salesforce, powered by the Open Source community.
  • Twenty — Twenty builds the modern salesforce, powered by the open source community.
  • CyberUpgrade — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
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Sameer Singh
Angel · London, England, United Kingdom · 1 investments in Estonia Financial Services startups

Network Effects Investor, Partner @ Speedinvest, Instructor @ Reforge

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Investment focus

  • Industry: Apps, Software, Mobile
  • Stage:Seed, Pre-Seed, Angel
  • Geography: United Kingdom, France, Sweden

Investor stats

  • Total investments: 16
  • Lead/follow: no public data

Portfolio highlights

  • Haz — Track and unlock the resale value of your stuff
  • Torg — Torg puts the largest base of suppliers in F&B at the fingertips of buyers with an intuitive SaaS to simplify sourcing.
  • Cino — Cino automatically deducts everyone's share from their bank accounts. Create groups with whom you want to share bills, set your ratio split & stop fronting costs!
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Peter Sandberg
Angel · Copenhagen, Hovedstaden, Denmark · 1 investments in Estonia Financial Services startups

Peter Sandberg is a Co-Founder of Nordic Secondary Fund, and a venture partner at Startup Wise Guys. He has extensive experience as a Business Angel, Asset Management and Wealth Management

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Investment focus

  • Industry: Internet, SaaS, FinTech
  • Stage:Angel, Pre-Seed, Secondary Market
  • Geography: Denmark, Kenya, Estonia

Investor stats

  • Total investments: 17
  • Round size: Pre-Seed $150k–$212k
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • TRAPMINE — TRAPMINE Endpoint Protection Platform provides fool-proof defense against malware, exploit attempts, file-less malware, ransomware and other forms of targeted attacks.Unlike traditional detection-based approaches like legacy antivirus, TRAPMINE combines proven and innovative technologies such as deep learning, behavior monitoring, endpointdeception and anti-exploit techniques to block cyber threats dead in their tracks. TRAPMINE's easy-deploy and lightweight solution comes with a comfortable built-in security console, at a price/performance ratio unmatchable even by the biggest names in Palo Alto.Why TRAPMINE?Cyber criminals target companies of all sizes from every industry, seeking anything that might be of value. Antivirus and other traditional security solutions are no longer efficient to protect organizations from attacks by today’s modern cyber threat actors. That’s why we founded TRAPMINE. TRAPMINE is created to solve the malware problem for all organizations at a reasonable price.
  • Colibo A/S — Use Colibo's intranet software as your enterprise collaboration platform to increase productivity, drive employee engagement and better internal communications.
  • November First — November First - Betalingsplatform til alle virksomheder
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Matteo Gamba
Angel · Berlin, Berlin, Germany · 1 investments in Estonia Financial Services startups

Matteo leads the product teams taking care of Payments & Fraud at Wayfair, one of the top e-commerce retailers selling furniture and home goods in North America and Europe. Before Wayfair, he led the product function for the growth teams at (Transfer)Wise.

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Investment focus

  • Industry: FinTech, Financial Services, Banking
  • Stage:Equity Crowdfunding, Convertible Note, Series A
  • Geography: United Kingdom, Italy, Estonia

Investor stats

  • Total investments: 24
  • Lead/follow: no public data

Portfolio highlights

  • Kroo — B-Social is a financial technology company that develops innovative services for a new generation of customers.It aims to make personal and social finances move at the speed of life. The fintech company builds an app that intuitively connects personal finances with their customers' social world, making it easy for them and their friends tobuy, track, and shares the experiences that bring them closer.Nazim Valimahomed and Tim Brown formed the company in 2016 in London, England.
  • GuestReady — Premium Airbnb Management Service for your vacation rental. Maximise your revenues and become a Superhost with GuestReady's 5* property management service.
  • Chip — Get the best savings rates brought to you and smash your savings goals automatically with Chip. Join over 400,000 savers today. We're building the best savings accounts in the world for you, with you.
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Moaffak Ahmed
Angel · 1 investments in Estonia Financial Services startups

Serial entrepreneur and hands-on early stage investor with over 25 years of marketing and business development experience in Europe, North America and Asia.

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Investment focus

  • Industry: Music, Cryptocurrency, Video Conferencing
  • Stage:Pre-Seed, Seed, Series B
  • Geography: Finland, Estonia, United States

Investor stats

  • Total investments: 8
  • Lead/follow: no public data

Portfolio highlights

  • Ovoro — Ovoro is an automated crypto trading app that offers users a streamlined, efficient and convenient way to manage their investments. With an intuitive interface, Ovoro allows you to easily set up and monitor your trades, eliminating the hassle of manual trading. Trying out Ovoro is risk free as trading can be done in a simulated environment with noreal money involved.
  • Saltfish — Guide visitors with short, face-to-face videos embedded directly on your site and product - onboard faster, increase activation and drive adoption.
  • Grand PMS — More efficient operations. Increased revenue. Enhanced guest experiences. Grand is a web-based PMS that helps you bring new levels of excellence.
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Kemal Tamer
Angel · 1 investments in Estonia Financial Services startups

Kemal Tamer is a Co-Founder and Chairman of the Board at Defimec.

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Investment focus

  • Industry: FinTech, Finance, Software
  • Stage:Pre-Seed, Seed
  • Geography: Turkey, Estonia

Investor stats

  • Total investments: 3
  • Lead/follow: no public data

Portfolio highlights

  • Defimec — Defimec is an ecosystem of applications that includes deX, tokenization platforms, and DAO protocol.
  • Ziv4 Technology — Ziv4 Technology is an artificial intelligence algorithm-focused financial technology startup.
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Jevgeni Kabanov
Angel · Tartu, Tartumaa, Estonia · 1 investments in Estonia Financial Services startups

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

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Investment focus

  • Industry: Health Care, E-Commerce, Apps
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Estonia, Ukraine, United States

Investor stats

  • Total investments: 7
  • Lead/follow: no public data

Portfolio highlights

  • Supliful — Supliful develops an online platform for users to create their own food supplement brand. It provides a catalogue of products, order form templates, online store fronts, shipping, and delivery services. Supliful has fulfilment facilities in Riga, Latvia and Denver, CO. Supliful is founded by a team of serial entrepreneurs who have successfullybuilt and exited an ecommerce company grafomap.com. You can read about it more at Business Insider - https://www.businessinsider.com/
  • Hirio — Volume Hiring AI Automator
  • CARÁ Health — CARÁ Health is creating a hybrid health and well-being platform for women throughout any stage of maternity to make them feel empowered and make informed choices. We do this by combining all verticals a woman needs (and does not yet knows she needs) during the maternity period, including education, products, podcasts, masterclasses, and servicerecommendations.
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Mihkel Karu
Angel · 1 investments in Estonia Financial Services startups

Mihkel Karu is an angel investor and veteran fintech executive. He is an experienced technology leader, business and product development expert with background in real-time communications and collaboration tools, digital banking and consumer finance, billing and transactional business systems. Ex-Skype. Mihkel is also an avid fan of offshoresailing, alpine ski and motorsports.

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Investment focus

  • Industry: Financial Services
  • Stage:Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Mifundo — Mifundo ensures trust between banks and individuals by providing secure, verified financial histories across borders.
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Shola Akinlade
Angel · San Francisco, California, United States · 1 investments in Estonia Financial Services startups

Shola Akinlade is the Co-founder and CEO at Paystack.

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Investment focus

  • Industry: FinTech, Education, Financial Services
  • Stage:Pre-Seed, Seed
  • Geography: Nigeria, Kenya, Rwanda

Investor stats

  • Total investments: 10
  • Lead/follow: no public data

Portfolio highlights

  • Chowdeck — Order food, groceries, drinks, medicines & everyday essentials from top restaurants, pharmacies, local markets, and stores near you. Fast delivery with Chowdeck.
  • Earnipay — Earnipay enables employers to offer employees access to their earned salaries instantly at any time without making changes to their existing payment process.
  • Afropolitan — Afropolitan is building a Network State to unleash the maximum potential of Africans around the world. Are you interested? Join us with your email.
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Martin Kõiva
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Financial Services startups

Martin Kõiva is the Co-Founder and CEO at Klaus.

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Investment focus

  • Industry: SaaS, Software, Employment
  • Stage:Pre-Seed
  • Geography: United States

Investor stats

  • Total investments: 4
  • Lead/follow: no public data

Portfolio highlights

  • Lutso — Empowering older adults to live independently, safely, and with dignity. Lutso is the smarter way to support aging at home.
  • Esgrid — Esgrid is the smartest supplier discovery platform in food and beverage. Say goodbye to Googling and GPT, say hello to millions of verified products with enriched contacts. It's all for free, like search should be.
  • Saltfish — Guide visitors with short, face-to-face videos embedded directly on your site and product - onboard faster, increase activation and drive adoption.
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Celil Öztürk
Angel · 1 investments in Estonia Financial Services startups

Celil Öztürk is a Global Cryptocurrency Exchange Manager.

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Investment focus

  • Industry: Software, Cryptocurrency, Artificial Intelligence
  • Stage:Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Ziv4 Technology — Ziv4 Technology is an artificial intelligence algorithm-focused financial technology startup.
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Sten Tamkivi
Angel · San Francisco, California, United States · 1 investments in Estonia Financial Services startups

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.

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Investment focus

  • Industry: Software, Artificial Intelligence, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Estonia, United States, United Kingdom

Investor stats

  • Total investments: 44
  • Lead/follow: no public data

Portfolio highlights

  • Katana — Katana gives thousands of manufacturers a live look at their business with visual, intuitive, and easy-to-use ERP software.
  • Insempra — Origin Bio is developing AI to make cell therapies safer, unifying generative design and functional prediction of regulatory DNA.
  • Entrepreneurs First — We turn exceptional individuals into funded founders. We back you first, then give you a bridge to Silicon Valley.
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Jon Oringer
Angel · Miami, Florida, United States · 1 investments in Estonia Financial Services startups

Jon Oringer is the founder and chairman of Shutterstock.

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Investment focus

  • Industry: Software, Information Technology, E-Commerce
  • Stage:Seed, Pre-Seed
  • Geography: United States, United Kingdom, France

Investor stats

  • Total investments: 108
  • Lead/follow: no public data

Portfolio highlights

  • Jome — On our platform, you can search for and tour thousands of new construction homes and communities near you. Our new home experts are ready to guide you through the entire home-buying process and will help you turn your dream home into a reality
  • Unsloth AI — Open source fine-tuning & reinforcment learning (RL) for gpt-oss, Llama 4, DeepSeek-R1, Gemma, and Qwen3 LLMs! Beginner friendly.
  • OneImaging — OneImaging makes life-saving diagnostics affordable, accessible, and personal. We connect employers, health plans, and members to a trusted national network of imaging centers, delivering faster answers with transparent pricing and premium care across MRIs, CT scans, ultrasounds, mammograms, X-rays and more. We serve organizations looking to control medical spend and individuals who need reliable results without delays. Every scan booked through OneImaging is proof that healthcare can be simpler, cheaper, and kinder.
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Financial Services Angel investor funding in Estonia at a glance

Stats across 23 deals from 42 investors.

42
investors
in Estonia Financial Services startups
23
deals
in Estonia Financial Services startups
$1.4M
median round
in Estonia Financial Services startups
2%
lead investors
lead at least one round
39%
Seed
most common funding stage

Access all 42 angel investors in Estonia Financial Services startups.

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