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Top 15 Fitness Startup Investors in Estonia (October 2026)

The most active venture capital funds and angel investors investing in Estonia Fitness startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Estonia Fitness startup companies. Find investors to raise a Pre-Seed, Seed or Angel round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Excellent Business Solutions
VC Fund
3 Estonia Angel, Pre-Seed Apps, Fitness, Software $136k–$147k
Veljo Toodo
Angel
3 Estonia Angel, Pre-Seed Apps, Fitness, Software $136k–$147k
Thorgate Ventures
VC Fund
2 Estonia, United Kingdom, Norway Seed, Pre-Seed, Series A Software, SaaS, FinTech $22k–$3.9M
Toomas Kont
Angel
2 Estonia Angel, Pre-Seed Apps, Fitness, Software
Martin Villig
Angel
2 Estonia, Spain, South Africa Seed, Angel, Pre-Seed Software, FinTech, Education $116k–$6M
Martin Tajur
Angel
2 Estonia, Poland, Ukraine Pre-Seed, Seed, Angel Software, Artificial Intelligence, SaaS $136k–$2.7M
Janno Oja
Angel
2 Estonia Angel, Pre-Seed Apps, Fitness, Software
Silberauto
VC Fund
2 Estonia Angel Apps, Fitness, Software $136k–$147k
Margus Niitsoo
Angel
1 Estonia Angel Apps, Fitness, Software
Teddi Rull
Angel
1 Estonia Angel Apps, Fitness, Software
Mihkel Nukka
Angel
1 Estonia Pre-Seed Apps, Fitness, Software
Concordia Group
VC Fund
1 Estonia Seed Beauty, Fitness, Wellness
Mansour Shafiei
Angel
1 Estonia Pre-Seed Fitness, Health Care
Taavi Tänavsuu
Angel
1 Estonia Angel Apps, Fitness, Software
Timo Rein
Angel
1 Estonia, Finland, United Kingdom Seed, Angel, Convertible Note Software, Recruiting, Human Resources $136k–$2M
Access all 23 investors in Estonia Fitness startups.

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Investor list

Excellent Business Solutions
VC Fund · 3 investments in Estonia Fitness startups

Estonia

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Investment focus

  • Industry: Apps, Fitness, Software
  • Stage:Angel, Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 3
  • Round size: Angel $136k–$147k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • YuMuuv — Employee wellness app for organizing any type of workplace wellness challenge. Proven platform to increase happiness and engagement at work.
Show all investments...

Veljo Toodo
Angel · 3 investments in Estonia Fitness startups

Veljo Toodo

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Investment focus

  • Industry: Apps, Fitness, Software
  • Stage:Angel, Pre-Seed
  • Geography: Estonia

Investor stats

  • Total investments: 3
  • Round size: Angel $136k–$147k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • YuMuuv — Employee wellness app for organizing any type of workplace wellness challenge. Proven platform to increase happiness and engagement at work.
Show all investments...

Thorgate Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Fitness startups

We invest both capital and our know-how into startups. Join us and let's change the world

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Investment focus

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

Investor stats

  • Total investments: 25
  • Round size: Seed $22k–$2.4M; Pre-Seed $23k–$664k; Series A $2.1M–$3.9M
  • Lead/follow: 32% lead, 68% follow

Portfolio highlights

  • Coursy.io — Make employee development more effective with LMS powered by Learning Design
  • Waybiller — Bulk TMS solution for end-to-end management: Waybiller transforms your logistics operations, allowing you to handle bulk shipments with precision and speed. The Best E-waybill Software & Bulk TMS Solution
  • Bilance — Bilance connects to 2,300+ European banks, syncs your transactions automatically and sorts them into budgets. On iOS and Android.
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Toomas Kont
Angel · 2 investments in Estonia Fitness startups

Toomas Kont

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Investment focus

  • Industry: Apps, Fitness, Software
  • Stage:Angel, Pre-Seed
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • YuMuuv — Employee wellness app for organizing any type of workplace wellness challenge. Proven platform to increase happiness and engagement at work.
Show all investments...

Martin Villig
Angel · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Fitness startups

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

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Investment focus

  • Industry: Software, FinTech, Education
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Estonia, Spain, South Africa

Investor stats

  • Total investments: 20
  • Round size: Seed $500k–$6M; Angel $116k–$662k; Pre-Seed $303k–$2.5M
  • Lead/follow: 0% lead, 100% 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.
  • Mentornaut — Mentornaut is a new online tutoring platform is aiming to increase inclusion in personalized education and counts Super angel, United Angels VC, and a list of EdTech advocates like Bolt co-founder Martin Villig, and Clanbeat co-founder Kadri Tuisk among its investors.
  • StudentFinance — Catapult your career with leading re-skilling and up-skilling bootcamps. Study now and pay us back once you land a job & start earning!
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Martin Tajur
Angel · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Fitness 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 — Employee wellness app for organizing any type of workplace wellness challenge. Proven platform to increase happiness and engagement at work.
  • 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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Janno Oja
Angel · 2 investments in Estonia Fitness startups

Janno Oja

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Investment focus

  • Industry: Apps, Fitness, Software
  • Stage:Angel, Pre-Seed
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • YuMuuv — Employee wellness app for organizing any type of workplace wellness challenge. Proven platform to increase happiness and engagement at work.
Show all investments...

Silberauto
VC Fund · 2 investments in Estonia Fitness startups

Investment focus

  • Industry: Apps, Fitness, Software
  • Stage:Angel
  • Geography: Estonia

Investor stats

  • Total investments: 2
  • Round size: Angel $136k–$147k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • YuMuuv — Employee wellness app for organizing any type of workplace wellness challenge. Proven platform to increase happiness and engagement at work.
Show all investments...

Margus Niitsoo
Angel · 1 investments in Estonia Fitness startups

Margus Niitsoo

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Investment focus

  • Industry: Apps, Fitness, Software
  • Stage:Angel
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • YuMuuv — Employee wellness app for organizing any type of workplace wellness challenge. Proven platform to increase happiness and engagement at work.
Show all investments...

Teddi Rull
Angel · 1 investments in Estonia Fitness startups

Teddi Rull

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Investment focus

  • Industry: Apps, Fitness, Software
  • Stage:Angel
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • YuMuuv — Employee wellness app for organizing any type of workplace wellness challenge. Proven platform to increase happiness and engagement at work.
Show all investments...

Access 48,091 investors

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

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Mihkel Nukka
Angel · 1 investments in Estonia Fitness startups

Mihkel Nukka

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Investment focus

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

Investor stats

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

Portfolio highlights

  • YuMuuv — Employee wellness app for organizing any type of workplace wellness challenge. Proven platform to increase happiness and engagement at work.
Show all investments...

Concordia Group
VC Fund · Muscat, Masqat, Oman · 1 investments in Estonia Fitness startups

Concordia Group invests in various business sectors by offering direct finance or creating partnerships, enabling collaboration and more.

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Investment focus

  • Industry: Beauty, Fitness, Wellness
  • Stage:Seed
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • Shroomwell — Shroomwell redefines wellness with premium mushroom products. Our range includes extracts, tinctures, sprays, drinks, and powders, featuring Lion's Mane, Cordyceps, Chaga, and Reishi. Embrace holistic health through potent, locally and sustainably sourced supplements that blend tradition with science.
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Mansour Shafiei
Angel · 1 investments in Estonia Fitness startups

Mansour Shafiei

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Investment focus

  • Industry: Fitness, Health Care
  • Stage:Pre-Seed
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • Fitlinez — Fitlinez is creating a personalized fitness technology platform to support individuals in achieving their fitness goals.
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Taavi Tänavsuu
Angel · 1 investments in Estonia Fitness startups

Taavi Tänavsuu

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Investment focus

  • Industry: Apps, Fitness, Software
  • Stage:Angel
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • YuMuuv — Employee wellness app for organizing any type of workplace wellness challenge. Proven platform to increase happiness and engagement at work.
Show all investments...

Timo Rein
Angel · New York, New York, United States · 1 investments in Estonia Fitness startups

Timo Rein is based out of New York, New York, and is the Co-Founder of Pipedrive. Timo Rein attended the University of Tartu.

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Investment focus

  • Industry: Software, Recruiting, Human Resources
  • Stage:Seed, Angel, Convertible Note
  • Geography: Estonia, Finland, United Kingdom

Investor stats

  • Total investments: 10
  • Round size: Seed $300k–$2M; Angel $136k–$359k
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • YuMuuv — Employee wellness app for organizing any type of workplace wellness challenge. Proven platform to increase happiness and engagement at work.
  • Antegenes — Antegenes’ novel genetic tests assess a patient’s personal cancer risks, and include clinical recommendations for personalized cancer prevention. The tests are based on innovative polygenic risk score technology which helps to clarify a person’s genetic predispositions to cancer. It therefore allows for more accurate prevention and early detectionmeasures – crucial in the fight with cancer. The tests are currently being used to determine the genetic risk for four cancers: breast cancer, prostate cancer, colon cancer, and skin melanoma.
  • Bidrento — One powerful platform for your entire portfolio. The leading property and tenant management software. Scale your operations and maximize your profit with Bidrento. Try it already today!
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Fitness Investor funding in Estonia at a glance

Stats across 13 deals from 23 investors.

23
investors
in Estonia Fitness startups
13
deals
in Estonia Fitness startups
$54k
median round
in Estonia Fitness startups
9%
lead investors
lead at least one round
62%
Pre-Seed
most common funding stage
39/61
VC / Angel
share of investor count

Access all 23 investors in Estonia Fitness startups.

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