# Top 50 Financial Services Startup Investors in Estonia in June 2026 ## Lemonade Stand - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 10 - Stages: Seed, Pre-Seed - Focus: Software, Artificial Intelligence, FinTech Lemonade Stand is a VC fund that focuses on early stage B2B investments in Baltic and East European founders no matter the HQ location. Investing €25-300K in strong teams, technology or traction. ## Superangel - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 9 - Stages: Seed, Pre-Seed, Series A - Focus: Artificial Intelligence, Software, Information Technology Early-stage investments from entrepreneurs to entrepreneurs. Our companies include Bolt, Veriff, Fortumo and many more. 10x@superangel.io ## Icebreaker.vc - Type: VC Fund - Location: Helsinki, Southern Finland, Finland - Relevant deals: 7 - Stages: Pre-Seed, Seed, Series A - Focus: Software, Information Technology, Artificial Intelligence Founded in 2016, Icebreaker has invested in over 50 fast-growing tech startups built by domain expert founders from companies like Rovio, Nordea, Pipedrive, Eniram, IBM and BCG. In addition to the fund, Icebreaker also runs a community of more than 1000 founders and pre-founders with 5+ years of relevant industry experience and the will to start,build or join strong tech companies.With the initial ticket sizes of €150k - 800K Icebreaker provides enough funding for companies to get to a position of strength and avoid post-accelerator limbo without having to resort to disreputable sources of capital and unfriendly deal terms. ## Tera Ventures - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 6 - Stages: Seed, Series A, Pre-Seed - Focus: Software, E-Commerce, Artificial Intelligence Tera Ventures is an international investment firm based in Estonia. ## Karma Ventures - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 6 - Stages: Series A, Seed, Series B - Focus: Software, Artificial Intelligence, FinTech karma.vc is an early stage venture capital fund focusing on seed and early stage technology companies in Europe. ## Specialist VC - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 5 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, Artificial Intelligence United Angels VC is an early stage venture capital fund based in Estonia. ## Token Ventures - Type: VC Fund - Location: Prague, Hlavni mesto Praha, Czech Republic - Relevant deals: 4 - Stages: Seed, Pre-Seed - Focus: Blockchain, Cryptocurrency, FinTech We see a bright future of blockchain-based technologies. ## Practica Capital - Type: VC Fund - Location: Vilnius, Vilniaus Apskritis, Lithuania - Relevant deals: 4 - Stages: Seed, Pre-Seed, Series A - Focus: B2B, Software, Information Technology Practica Capital ## BlackFin Capital Partners - Type: VC Fund - Location: Paris, Ile-de-France, France - Relevant deals: 4 - Stages: Series A, Private Equity, Series B - Focus: Financial Services, FinTech, Payments BlackFin Capital Partners is the leading pan-European Financial Services PE Platform. The team consists of +35 experienced professionals from several nationalities. ## Change Ventures - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 3 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Information Technology, Apps We are a seed stage venture capital fund based in the Baltic states, backing ambitious Baltic founders anywhere in the world. ## Morgan Creek Digital - Type: VC Fund - Location: Chapel Hill, North Carolina, United States - Relevant deals: 3 - Stages: Seed, Series A, Series B - Focus: Blockchain, FinTech, Financial Services Morgan Creek Digital is a hedge fund backed by Morgan Creek Capital. Morgan Creek Digital specializes in the fields of digital asset management, financial services, and venture capital. It was founded in 2004 and headquartered in Chapel Hill, North Carolina. ## Neosfer - Type: VC Fund - Location: Frankfurt, Hessen, Germany - Relevant deals: 3 - Stages: Seed, Series A - Focus: Software, SaaS, FinTech Neosfer (formerly main incubator) is the early stage investor and innovation unit of Commerzbank Group. ## Pinto Ventures - Type: VC Fund - Location: Zug, Zug, Switzerland - Relevant deals: 3 - Stages: Pre-Seed, Seed, Angel - Focus: FinTech, Financial Services, Finance We provide the capital, the time and support you need to build your most ambitious and successful business ## Triin Hertmann - Type: Angel - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: FinTech, Software, E-Commerce Triin Hertmann is founder of Grünfin, a sustainable investment platform, angel investor (mostly in Estonia and Nordics region). She is a former COO at TransferWise and early employee of Skype. ## ff Venture Capital - Type: VC Fund - Location: New York, New York, United States - Relevant deals: 3 - Stages: Seed, Series A - Focus: Software, Information Technology, Artificial Intelligence ff Venture Capital (ffVC) is a technology venture capital firm investing in some of the strongest growth areas to date, including cybersecurity, artificial intelligence, machine learning, drones, enterprise cloud software, and crowdfunding. The firm identifies and invests in technology and technology-enabled companies at its inception acrossgeographies and emerging industries. With three partners and an acceleration team of 20+ investment and operations professionals, ffVC actively participates with founders to develop products, target markets, and accelerate growth. Since 2008, ffVC has invested in over 100 companies and has helped to create companies with an aggregate market value exceeding $6 billion. ## Mapleblock Capital - Type: VC Fund - Location: Delhi, Delhi, India - Relevant deals: 3 - Stages: Seed, Series A - Focus: Blockchain, Gaming, FinTech Mapleblock Capital is an investment firm that exclusively consults and invests in crypto-assets and blockchain companies. It was founded in 2017 and is headquartered in Delhi, India. ## Cryptomeria Capital - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 3 - Stages: Seed - Focus: Blockchain, FinTech, Cryptocurrency We help you to enter the Chinese crypto market. We invest in blockchain projects. ## Blockchain Founders Fund - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: Blockchain, Cryptocurrency, FinTech We Focus Exclusively On Adding Value To Blockchain & Emerging Technology Projects With Real World Applications. ## Gateway Ventures - Type: VC Fund - Location: Vienna, Wien, Austria - Relevant deals: 3 - Stages: Seed, Series A - Focus: Software, Information Technology, Apps Gateway Ventures is Austria's biggest network of startup investors with currently over 4000 investors. We foster the Austrian and European startup eco-system by connecting investors and startups. Our startup portfolio covers FinTech, CleanTech, HeathTech, IT & Software, Big Data & Social Impact. We have financed >40 startups withseed fundings over € 30M+Gateway Ventures was founded in December 2015. Over 1000 investors and 200 partners are currently participating in the network, including European incubators, accelerators and VCs.https://www.gateway.ventures ## Norrsken VC - Type: VC Fund - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, Health Care, Food and Beverage We are a venture capital fund investigating in Start-Ups solving the worlds biggest problems while building massive businesses. ## Portage Ventures - Type: VC Fund - Location: Toronto, Ontario, Canada - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: FinTech, Financial Services, Software Portage Ventures is a global fintech-focused venture capital investor. The firm makes early-stage investments in promising Canadian financial tech companies that have potential for global impact. ## Poolz Finance - Type: VC Fund - Relevant deals: 2 - Stages: Seed, Initial Coin Offering - Focus: Blockchain, Cryptocurrency, Gaming Poolz Finance is an early-stage blockchain company that specializes in Web3 technology and providing access to early stage crypto projects. ## Ott Kaukver - Type: Angel - Location: Menlo Park, California, United States - Relevant deals: 2 - Stages: Series A, Seed, Pre-Seed - Focus: Software, Financial Services, SaaS Ott Kaukver is Chief Technology Officer at Checkout.com. Attended Estonian Business School. ## Pnyx Ventures - Type: VC Fund - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Blockchain, Cryptocurrency, Financial Services PNYX Ventures is a digital asset management firm specialising in blockchain capital markets. ## TMT Investments - Type: VC Fund - Location: St. Helier, NA - Jersey, Jersey - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, SaaS, Social Media TMT Investments PLC invests in high-growth technology companies across a number of core specialist sectors and has a significant number of Silicon Valley investments in its portfolio. Founded in 2010, TMT has invested in over 65 companies to date. The Company’s objective is to generate an attractive rate of return for shareholders,predominantly through capital appreciation. The Company is traded on the AIM market of the London Stock Exchange. www.tmtinvestments.com. ## Andrew Prozes - Type: Angel - Location: New York, New York, United States - Relevant deals: 2 - Stages: Seed, Series A, Angel - Focus: Information Technology, FinTech, Software 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. ## 365.fintech - Type: VC Fund - Location: Bratislava, Bratislava, Slovakia (Slovak Republic) - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: FinTech, Financial Services, Software 365.fintech is a boutique VC focusing on pre-seed & seed API-first, infrastructure & b2b/b2b2c fintech in broader CEE & Baltics. ## Digital Finance Group (DFG) - Type: VC Fund - Location: Singapore, Central Region, Singapore - Relevant deals: 2 - Stages: Seed, Series A - Focus: Blockchain, Cryptocurrency, FinTech Digital Finance Group (DFG) is a global blockchain and cryptocurrency investment firm. DFG was founded in 2015 and has assets under management of over $1 billion. ## Fly Ventures - Type: VC Fund - Location: Berlin, Berlin, Germany - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Artificial Intelligence, Machine Learning Fly is a first check VC for technical founders solving hard problems. We invest from day-zero to seed, backing founders from all over Europe. ## STIHL Ventures - Type: VC Fund - Location: Waiblingen, Baden-Wurttemberg, Germany - Relevant deals: 2 - Stages: Seed, Series A - Focus: Software, SaaS, Drones Investment Focus: We invest from late seed to series B, with sweet spot series A. We prefer to syndicate with existing or new investors and we can take the lead as necessary. ## Digital Strategies - Type: VC Fund - Relevant deals: 2 - Stages: Seed, Initial Coin Offering - Focus: Blockchain, Cryptocurrency, Financial Services Blockchain investments & value-add advisory for frontier technologies. ## Kair Käsper - Type: Angel - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 2 - Stages: Pre-Seed, Seed, Angel - Focus: Software, SaaS, Financial Services Kair Käsper ## 500 Istanbul - Type: VC Fund - Location: Istanbul, Istanbul, Turkey - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Information Technology, SaaS 500 Startups is a venture capital firm on a mission to discover and back the world’s most talented entrepreneurs, help them create successful companies at scale, and build thriving global ecosystems. Since its inception in 2010, 500 has provided hundreds of millions of investment dollars, acceleration programs, and support services to thousands ofentrepreneurs in over 60 countries. ## Shima Capital - Type: VC Fund - Location: San Francisco, California, United States - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Blockchain, Cryptocurrency, Gaming Shima Capital is an investment fund that focuses on supporting blockchain startups. The firm is headquartered in San Francisco, California, United States. ## Hive Hatch - Type: VC Fund - Location: Greenwich, Connecticut, United States - Relevant deals: 2 - Stages: Pre-Seed, Seed, Series B - Focus: Software, SaaS, Retail Hive Hatch, a venture capital firm and studio, invests financial, human, and social capital in early stage founders to help them validate, build, and launch their SaaS startups. ## Mosaic Ventures - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Series A, Series B - Focus: Software, Information Technology, FinTech We back founders who are reimagining the world. We invest $1-10m early, in those building daring adventures in Europe. ## Anatoly Yakovenko - Type: Angel - Location: San Francisco, California, United States - Relevant deals: 2 - Stages: Seed, Series A - Focus: Blockchain, Software, Cryptocurrency 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. ## Julien Bouteloup - Type: Angel - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Seed, Angel, Series A - Focus: Cryptocurrency, Blockchain, Financial Services 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. ## Martin Sokk - Type: Angel - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Pre-Seed, Seed - Focus: Rental, FinTech, Finance Martin Sokk is a Co-Founder, CEO of Lightyear Company. He attended Estonian Information Technology College. ## Parallax Ventures - Type: VC Fund - Location: São Paulo, Sao Paulo, Brazil - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: FinTech, Financial Services, Bitcoin Founded in 2018, Parallax Ventures is a Fintech-focused top quartile Venture Capital firm that focuses on early-stage investments, baking best-in-class entrepreneurs in the Financial Services industry. The firm invests in Fintechs across all subsectors of Financial Industry, including Open Finance, FMI, Exchanges, BaaS, IaaS, B2B SaaS,Blockchain/Web3, Credit, Wealth Management tech, and Productivity, among others. Parallax has invested in Fintechs in Brazil, USA, and Europe. ## Alvar Lumberg - Type: Angel - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, Information Technology, SaaS Alvar Lumberg - CTO, co-founder @ Grünfin ## Maximilian Tayenthal - Type: Angel - Location: Berlin, Berlin, Germany - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: FinTech, Financial Services, Software 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. ## KuCoin - Type: VC Fund - Location: Mahé, Beau Vallon, Seychelles - Relevant deals: 2 - Stages: Seed, Initial Coin Offering - Focus: Blockchain, Cryptocurrency, Gaming Sign up with KuCoin, and get your first crypto today! ## EstBAN - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 2 - Stages: Seed, Pre-Seed, Angel - Focus: Software, Information Technology, Manufacturing More than just a business angel network Building synergy between startups and angel investors EstBAN is member led organisation committed to finding, funding and mentoring ambitious young companies from pitch through to a successful exit. About estban Latest news Created with Fabric.js 3.5.0 All news For investors Get access to quality pre-selected internationaldeal-flow, and be ## Opus11 VC - Type: VC Fund - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Battery, Electronics, Manufacturing Opus11 VC is an Investment firm. ## Seedcamp - Type: VC Fund - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Software, FinTech, SaaS Seedcamp is Europe's seed fund, identifying and investing early in world-class founders attacking large, global markets and solving real problems using technology. The Seedcamp Nation includes over 400 startups building breakout businesses that change the way people live, interact and buy and includes publicly listed UiPath, Wise, and unicornsRevolut, Hopin, Sorare, Pleo, and wefox along with fast-growing businesses such as Grover, viz.ai and Ezra. Seedcamp fast-tracks a founder's vision and creates value through immediate access to smart capital, a lifelong community of support and a global network built upon more than a decade's experience backing exceptional talent.Seedcamp fast-tracks a founder's vision and creates value through immediate access to smart capital, a lifelong community of support, and a global network built upon more than a decade's experience backing exceptional talent. ## Giesecke+Devrient Ventures - Type: VC Fund - Location: München, Bayern, Germany - Relevant deals: 2 - Stages: Seed, Series A - Focus: Information Technology, Artificial Intelligence, FinTech G+D Ventures is active since 2018 and founded by Venture Capitalists. We invest in growth-oriented companies, whose innovations promote trust in our society. ## Taavi Kotka - Type: Angel - Relevant deals: 2 - Stages: Pre-Seed, Seed, Angel - Focus: Electronics, Battery, FinTech Taavi Kotka, currently the Estonian Government CIO, has a strong background working in private sector. He started his career as a programmer, rapidly rising to be a Managing Director of the most successful software development company in the region – Nortal, former Webmedia. He is a founder of many innovative start-up companies likezeroturnaround.com, plumbr.eu etc. He has a Master of Science in Engineering from Tallinn University of Technology. Also, Taavi Kotka has many honors: he is the European CIO of the Year 2014 (by ICT Spring), he was the president of the Estonian Association of Information Technology and Telecommunications (ITL) and he was elected as an Entrepreneur of the year in 2011 (by Ernst&Young). Taavi is a board member in many ICT initiatives in Estonia and has been the brainpower behind many Estonian e-government innovative initiatives like e-residency, data embassy, no-legacy policy etc. ## 500 Emerging Europe - Type: VC Fund - Location: California, Kentucky, United States - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, Gaming, Information Technology 500 Emerging Europe help the companies from Emerging Europe scale globally. ## Rain Lõhmus - Type: Angel - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 2 - Stages: Seed, Series A, Series B - Focus: Mobile Payments, SaaS, Mobile 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.