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Top 50 Health Care Startup Investors in Estonia (June 2026)

The most active venture capital funds and angel investors investing in Estonia Health Care startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Estonia Health Care startup companies. Find investors to raise a Pre-Seed, Seed or Angel round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Verge HealthTech Fund
VC Fund
6 Estonia, Singapore, United Kingdom Seed, Pre-Seed, Series A Health Care, Medical Device, Medical $500k–$4.7M
Martin Tajur
Angel
4 Estonia, Poland, Ukraine Pre-Seed, Seed, Angel Software, SaaS, Recruiting $137k–$2.7M
Prototron
VC Fund
4 Estonia, Finland, Germany Pre-Seed, Grant, Seed Software, Manufacturing, Internet of Things $3k–$27k
Veljo Toodo
Angel
3 Estonia Angel, Pre-Seed Apps, Fitness, Software
Specialist VC
VC Fund
3 Estonia, United Kingdom, Finland Seed, Pre-Seed Software, Information Technology, Artificial Intelligence $241k–$6.5M
Tera Ventures
VC Fund
2 Estonia, United States, United Kingdom Seed, Series A, Pre-Seed Software, E-Commerce, Artificial Intelligence $120k–$12M
SMOK Ventures
VC Fund
2 Poland, United States, Ukraine Pre-Seed, Seed Software, Information Technology, SaaS $54k–$2.8M
Ragnar Sass
Angel
2 Estonia, Ukraine, United States Seed, Pre-Seed Information Technology, Software, SaaS $110k–$6M
Triin Hertmann
Angel
2 Estonia Seed, Pre-Seed FinTech, Software, E-Commerce $143k–$2.7M
Dag Nurm
Angel
2 Estonia Pre-Seed Medical, Health Care $143k–$389k
Toomas Kont
Angel
2 Estonia Angel, Pre-Seed Apps, Fitness, Software
Tilia Impact Ventures
VC Fund
2 Czech Republic, Estonia, Italy Pre-Seed, Seed Information Technology, Software, Health Care $132k–$6M
Timo Rein
Angel
2 Estonia, Finland, United Kingdom Seed, Angel, Convertible Note Software, Recruiting, Human Resources $280k–$1.2M
Lemonade Stand
VC Fund
2 Estonia, Lithuania, India Seed, Pre-Seed Software, Artificial Intelligence, FinTech $227k–$3M
Atlantic
VC Fund
2 Germany, Switzerland, United States Seed, Series A, Pre-Seed Software, Health Care, Financial Services $850k–$32M
Martin Villig
Angel
2 Estonia, Spain, South Africa Seed, Angel, Pre-Seed Software, FinTech, Education $111k–$6M
Excellent Business Solutions
VC Fund
2 Estonia Angel Apps, Fitness, Software
Norrsken VC
VC Fund
2 Sweden, United Kingdom, Germany Seed, Series A Software, Health Care, Food and Beverage $1.1M–$56M
Superhero Capital
VC Fund
2 Finland, Lithuania, Estonia Seed, Pre-Seed Software, Information Technology, Internet $212k–$3.1M
Silberauto
VC Fund
2 Estonia Angel Apps, Fitness, Software
Janno Oja
Angel
2 Estonia Angel, Pre-Seed Apps, Fitness, Software
Greiner Innoventures
VC Fund
1 Italy, Estonia Seed, Pre-Seed Medical, E-Commerce, Manufacturing
Crosslight Partners
VC Fund
1 Sweden, Estonia Seed Biotechnology, B2B, Medical
Peep Vain
Angel
1 Estonia Seed, Angel Software, Genetics, Recruiting
Krokodilli Kapital
VC Fund
1 Estonia Pre-Seed Medical, Hospital, Health Care
Alvar Lumberg
Angel
1 Estonia Seed, Pre-Seed, Angel Software, Information Technology, FinTech $533k–$2.4M
Beurer
VC Fund
1
PurposeTech
VC Fund
1 United Kingdom, France, Estonia Pre-Seed, Seed Apps, SaaS, Fashion $307k–$2M
Taavi Tänavsuu
Angel
1 Estonia Angel Apps, Fitness, Software
Marti Soosaar
Angel
1 Estonia Angel Apps, Fitness, Software
Amalfi
VC Fund
1 Estonia Medical, Health Care
Henry Joseph-Grant
Angel
1 Estonia, United States Seed, Angel, Equity Crowdfunding Information Technology, SaaS, FinTech
Teddi Rull
Angel
1 Estonia Angel Apps, Fitness, Software
Think Bigger Capital
VC Fund
1 Estonia Pre-Seed Pharmaceutical
Kadri Ugand
Angel
1 Estonia Seed mHealth, Health Care, Medical Device
Margus Niitsoo
Angel
1 Estonia Angel Apps, Fitness, Software
UT Ventures
VC Fund
1 Estonia Pre-Seed Medical, Health Care, Medical Device
Kristel Kruustük
Angel
1 Estonia Series A Education, Recruiting, Professional Services
European Investment Bank
VC Fund
1 France, Germany, The Netherlands Debt Financing, Post-IPO Debt Biotechnology, Health Care, Energy $7.7M–$658M
Farmak
VC Fund
1 Ukraine, Estonia, United States Seed, Pre-Seed Health Care, Medical, Mobile $1000k–$1M
Change Ventures
VC Fund
1 Estonia, Latvia, Lithuania Seed, Pre-Seed, Series A Software, Information Technology, Apps $273k–$33M
Veedoo
VC Fund
1 Estonia Seed Events, Sports, Fitness
Honey Badger Capital OÜ
VC Fund
1 Estonia Seed FinTech, GreenTech, Health Care
Burak Buyukdemir
Angel
1 United States, United Kingdom, India Pre-Seed, Seed B2B, FinTech, Health Care $350k–$1.5M
Superangel
VC Fund
1 Estonia, United States, Finland Seed, Pre-Seed, Series A Artificial Intelligence, Software, Information Technology $165k–$20M
Sie Ventures
VC Fund
1 United Kingdom, Spain, Estonia Seed, Pre-Seed, Series B CRM, SaaS, Mobile $2.2M–$9.5M
Jevgeni Kabanov
Angel
1 Estonia, Ukraine, United States Pre-Seed, Seed, Series A E-Commerce, Health Care, Apps $143k–$1.5M
Simpact Ventures
VC Fund
1 Poland, United States, Estonia Seed, Pre-Seed Health Care, Software, SaaS $250k–$3.2M
Mansour Shafiei
Angel
1 Estonia Pre-Seed Fitness, Health Care
Aaron Patzer
Angel
1 United States, Estonia, New Zealand Seed, Pre-Seed, Series A Software, Health Care, SaaS $150k–$6.1M
Access all 80 investors in Estonia Health Care startups.

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

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Investor list

Verge HealthTech Fund
VC Fund · Singapore, Central Region, Singapore · 6 investments in Estonia Health Care startups

We make early investments in global healthcare technology companies that address prevention, disease management and health system efficiency that are relevant to emerging Asia​We believe that innovation can happen anywhere, from the streets of Dhaka to the labs of Oxford, however without the right support network, these solutions might notscale, or find the best world-changing application. This is where we can help.

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Investment focus

  • Industry: Health Care, Medical Device, Medical
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, Singapore, United Kingdom

Investor stats

  • Total investments: 27
  • Round size: Seed $500k–$4.7M; Pre-Seed $500k–$1M
  • Lead/follow: 52% lead, 48% follow
  • Last fund: May invest from a new fund soon — raised $17k in 2021

Portfolio highlights

  • Zoundream — The Future of Infant Care
  • Understanding Zoe — Understanding Zoe is a neuroaffirming application that turns every report and observation into an actionable step for a better connect.
  • Neuraworx Medical Technology — Neuraworx Medical Technology is a neurotechnology company developing first-in-class bioelectronic solutions for brain health.
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Martin Tajur
Angel · Tallinn, Harjumaa, Estonia · 4 investments in Estonia Health Care startups

Martin Tajur is the co-founder of Pipedrive.

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Investment focus

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

Investor stats

  • Total investments: 16
  • Round size: Seed $800k–$2.7M; Angel $137k–$549k; Pre-Seed $478k–$2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • YuMuuv — YuMuuv is an employee wellness platform that uses science-based formulas to capture data and keeps track of physical activity & leaderboard.
  • Shen.AI — Discover how Shen AI turns your smartphone into a health companion - no wearables, just powerful, camera-based health insights.
  • SegmentStream — SegmentStream is a data intelligence platform which helps collect and unify from different data sources into own data warehouse for advanced analytics and attribution. Our solution is trusted by leading brands such as Benetton, Nespresso, New Balance, myToys, Eventim Group, and others.
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Prototron
VC Fund · Tallinn, Harjumaa, Estonia · 4 investments in Estonia Health Care startups

Prototron is a start-up fund that gives money to teams for turning their great ideas into the first working prototype. Founded in 2012 by Swedbank, Tallinn Technical University and Tallinn Science Park Tehnopol. We finance teams with high growth potential in areas of Greentech, Electronics, Mechatronics and ICT. We run 3-4 rounds of financingevery year. During last 5 years we've funded 58 startups with over 470'000€ in cash + coaching/incubation services. Our protfolio has generated >4,5 M€ revenue and raised >17'000'000€ capital. These results make Prototron the most productive pre-seed fund in Estonia. Do you want to be part of the success? We seek for: *) New start-up teams who need money for building a prototype. Apply for funding: www.prototron.ee *) Additional partners who want to be part of Estonia's next success stories.

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Investment focus

  • Industry: Software, Manufacturing, Internet of Things
  • Stage:Pre-Seed, Grant, Seed
  • Geography: Estonia, Finland, Germany

Investor stats

  • Total investments: 55
  • Round size: Seed $4k–$13k; Grant $3k–$27k; Pre-Seed $6k–$27k
  • Lead/follow: 75% lead, 25% follow

Portfolio highlights

  • Neurosalience — Neurosalience develops a tool for the early detection of dementia from structural MRI scans.
  • RAIKU — RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm tonature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.
  • Jälle Technologies — Jälle Technologies create advanced recycling technologies that transform battery waste into high-value resources.
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Veljo Toodo
Angel · 3 investments in Estonia Health Care startups

Veljo Toodo

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Investment focus

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

Investor stats

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

Portfolio highlights

  • YuMuuv — YuMuuv is an employee wellness platform that uses science-based formulas to capture data and keeps track of physical activity & leaderboard.
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Specialist VC
VC Fund · Tallinn, Harjumaa, Estonia · 3 investments in Estonia Health Care startups

United Angels VC is an early stage venture capital fund based in Estonia.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: Estonia, United Kingdom, Finland

Investor stats

  • Total investments: 68
  • Round size: Seed $587k–$6.5M; Pre-Seed $241k–$2.2M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: Likely still investing — raised $55M in 2022

Portfolio highlights

  • AIATELLA — Automating medical image analysis
  • Copla — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
  • Bilance — Bilance is a personal finance management app that helps you to track, analyze and plan your finances.
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Tera Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Health Care startups

Tera Ventures is an international investment firm based in Estonia.

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Investment focus

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

Investor stats

  • Total investments: 66
  • Round size: Seed $531k–$4.2M; Pre-Seed $120k–$2.2M; Series A $1.6M–$12M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • Secfense — Secfense User Access Security Broker is a network traffic broker that learns the traffic patterns related to authentication and builds an additional security layer between users and their applications.Secfense broker is not a 2FA method. Secfense broker is a tool that enables a quick & easy setup of any 2FA method or authentication standardavailable on the market and introduces it without interfering with applications existing code or database.Without Secfense broker, the 2FA integration often requires changes in the apps' code and then manual check, which can take forever when there are hundreds of apps to protect.Secfense broker streamlines the process by taking over the traffic. The broker knows to which app the user wants to log in, and it asks the user to apply the 2FA method that was chosen for this specific app. Thanks to the Secfense broker the 2FA implementation process is quick & painless across the entire organization. Our customers can also easily switch to any other 2FA method available on the market connecting it with any application or device they need.
  • Brainbase — Unified Licensing Management Software. Track and visualize brand performance, contracts, and royalties. Manage approvals, track deals, and spot contract violations.
  • Supersimple — Supersimple helps SaaS companies use customer behavior data to drive decisions in product & sales.
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SMOK Ventures
VC Fund · Warsaw, Mazowieckie, Poland · 2 investments in Estonia Health Care startups

Bridging Silicon Valley to CEE

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Investment focus

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

Investor stats

  • Total investments: 62
  • Round size: Seed $439k–$2.8M; Pre-Seed $54k–$1.4M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely still investing — raised $25M in 2024

Portfolio highlights

  • Mos Health
  • Primio — Primio is an AI-powered platform that generates production-ready native mobile apps from natural language prompts. It outputs real Flutter/Dart code that compiles to native iOS and Android with pixel-perfect rendering and up to 120fps performance. The platform covers the full lifecycle from idea to app store submission, including cloud builds,live preview, and iterative editing. Built for app studios and serious builders who need to ship native apps fast.
  • Principle — Test your strategic decisions before you commit. Principle simulates competitors, regulators, and market forces to stress-test your bets against adversarial reality.
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Ragnar Sass
Angel · 2 investments in Estonia Health Care 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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Triin Hertmann
Angel · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Health Care 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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Dag Nurm
Angel · 2 investments in Estonia Health Care startups

Dag Nurm

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Investment focus

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

Investor stats

  • Total investments: 2
  • Round size: Pre-Seed $143k–$389k
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Migrevention — First fully digital headache clinic in the world
  • 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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Access 48,091 investors

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

Browse database — It's Free!
Toomas Kont
Angel · 2 investments in Estonia Health Care 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 — YuMuuv is an employee wellness platform that uses science-based formulas to capture data and keeps track of physical activity & leaderboard.
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Tilia Impact Ventures
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 2 investments in Estonia Health Care startups

Tilia Impact Ventures is a Czech impact fund that supports purpose-driven founders and companies with scalable business models and high environmental or social impact potential.

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Investment focus

  • Industry: Information Technology, Software, Health Care
  • Stage:Pre-Seed, Seed
  • Geography: Czech Republic, Estonia, Italy

Investor stats

  • Total investments: 23
  • Round size: Seed $1.1M–$6M; Pre-Seed $132k–$3.3M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Alvie — Alvie creates products based on sensors and an AI platform to assist farmers in adjusting pesticide doses.
  • FaceUp — Whistleblowing System for companies and schools. FaceUp is an anonymous reporting channel for those who care. Try FaceUp for FREE.
  • Delta Green — Aggregating household assets in large controllable block of flexibility.
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Timo Rein
Angel · New York, New York, United States · 2 investments in Estonia Health Care startups

Timo Rein - Co-Founder @ Pipedrive

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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 $280k–$1.2M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • YuMuuv — YuMuuv is an employee wellness platform that uses science-based formulas to capture data and keeps track of physical activity & leaderboard.
  • 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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Lemonade Stand
VC Fund · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Health Care startups

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.

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Seed, Pre-Seed
  • Geography: Estonia, Lithuania, India

Investor stats

  • Total investments: 42
  • Round size: Seed $1.1M–$3M; Pre-Seed $227k–$2.2M
  • Lead/follow: 10% lead, 90% follow

Portfolio highlights

  • Esgrid — Esgrid provides value-chain sustainability management solutions to medium-sized businesses and financial institutions.
  • Ligence — AI Automated Echocardiography - Artificial intelligence-powered automated heart ultrasound echo lab system.
  • Soldera — Soldera enables renewable energy producers to earn additional income through an automatic guarantee of the origin trading system.
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Atlantic
VC Fund · Berlin, Berlin, Germany · 2 investments in Estonia Health Care startups

Atlantic Labs supports and invests in mission-driven founders working on transformative technology ventures.&nbsp;<br><br>We partner with founders early, providing the capital, tools and network necessary to growing their companies and accompanying them on their entrepreneurial journey. We are currently active in areas including Digital Health, Future of Work, Machine Learning, Decentralized Networks, Mobility and Industrial Applications.

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Investment focus

  • Industry: Software, Health Care, Financial Services
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Germany, Switzerland, United States

Investor stats

  • Total investments: 199
  • Round size: Seed $1.2M–$9.1M; Pre-Seed $850k–$3.8M; Series A $5.3M–$32M
  • Lead/follow: 41% lead, 59% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Clue — Track your menstrual cycle with the Clue app, a women-led period and cycle tracker. Get science-based insights, predictions, and personalized tracking.
  • bonify — Bonify, a Berlin based FinTech-Start-up, enables customers to benefit from their credit scoring and financial data. The company gives customers free and easy access to their credit score and let them upload additional relevant data. Then, it offers tools and personalized recommendations to help optimize the customer’s financial situation.Foundedin 2015 by key executives of McKinsey and Zalando, bonify has received significant funding from internationally leading VCs and successful entrepreneurs.
  • tozero — Truly bringing lithium-ion battery waste tozero by recovering all critical matierlas, like lithium, nickel, cobalt, manganese, and graphite.
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Martin Villig
Angel · Tallinn, Harjumaa, Estonia · 2 investments in Estonia Health Care 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 $111k–$637k; Pre-Seed $276k–$2.2M
  • 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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Excellent Business Solutions
VC Fund · 2 investments in Estonia Health Care startups

Estonia

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Investment focus

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

Investor stats

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

Portfolio highlights

  • YuMuuv — YuMuuv is an employee wellness platform that uses science-based formulas to capture data and keeps track of physical activity & leaderboard.
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Norrsken VC
VC Fund · Stockholm, Stockholms Lan, Sweden · 2 investments in Estonia Health Care startups

We are a venture capital fund investigating in Start-Ups solving the worlds biggest problems while building massive businesses.

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Investment focus

  • Industry: Software, Health Care, Food and Beverage
  • Stage:Seed, Series A
  • Geography: Sweden, United Kingdom, Germany

Investor stats

  • Total investments: 102
  • Round size: Seed $1.1M–$11M; Series A $4.2M–$56M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — raised $340M in 2024

Portfolio highlights

  • juli — juli helps you manage your chronic condition using artificial intelligence. We first learn everything that's unique about you. Then we guide you to improve your daily life.
  • Biorce — Biorce is an innovating HealthAI startup committed to transforming drug development through the use of artificial intelligence.
  • Endra
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Superhero Capital
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Estonia Health Care startups

Some call you founders. We call you Superheroes. Seed stage VC investing in insight-driven startups in Finland and the Baltics. Tickets 100 K€ - 1000 K€.

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Investment focus

  • Industry: Software, Information Technology, Internet
  • Stage:Seed, Pre-Seed
  • Geography: Finland, Lithuania, Estonia

Investor stats

  • Total investments: 93
  • Round size: Seed $212k–$3.1M; Pre-Seed $618k–$1.8M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: May invest from a new fund soon — raised $35M in 2020

Portfolio highlights

  • Zadaa — We are the world’s first marketplace to make selling and buying secondhand as simple as in an online store. We have revolutionised C2C logistics regarding pricing and marketplace integration between multiple logistic companies operating on different markets. Zadaa is live on German, Danish and Finnish markets.
  • eMabler — We accelerate our customers' business growth by convenience in eMobility with our API-first platform
  • ADESANTE — SurgeryVision is a Virtual Reality solution for Surgeons. Product is intended to be used for planning surgical procedures.
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Silberauto
VC Fund · 2 investments in Estonia Health Care startups

Investment focus

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

Investor stats

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

Portfolio highlights

  • YuMuuv — YuMuuv is an employee wellness platform that uses science-based formulas to capture data and keeps track of physical activity & leaderboard.
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Janno Oja
Angel · 2 investments in Estonia Health Care 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 — YuMuuv is an employee wellness platform that uses science-based formulas to capture data and keeps track of physical activity & leaderboard.
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Greiner Innoventures
VC Fund · Vienna, Wien, Austria · 1 investments in Estonia Health Care startups

Als Corporate Business Angel der Greiner Group arbeitet Greiner Innoventures mit Start-ups zusammen, um deren Ideen weiterzuentwickeln.

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Investment focus

  • Industry: Medical, E-Commerce, Manufacturing
  • Stage:Seed, Pre-Seed
  • Geography: Italy, Estonia

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Movo — Movo is a circular packaging solution made for e-commerce folks. They offer reusable packaging solutions and circular economy systems to eliminate single-use packaging.
  • Muun Health — Muun Health's mission is filling the gap in women’s hormonal well-being by developing the first microneedle-based wearable device for real-time hormone monitoring.
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Crosslight Partners
VC Fund · 1 investments in Estonia Health Care startups

Crosslight Partners is a growth equity firm. The firm invests in the environment, healthcare, impact, and technology sectors across Europe.

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Investment focus

  • Industry: Biotechnology, B2B, Medical
  • Stage:Seed
  • Geography: Sweden, Estonia

Investor stats

  • Total investments: 2
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • Gelatex Technologies — Gelatex is a Techstars-backed materials technology company that invented the fastest technology for producing bio-based nanofibers on a large scale. It is a platform technology that enables faster and up to 100 cheaper nanofiber production for applications like 3D scaffolds for tissue engineering, cultured meat, bio-based filters, eco-friendlyleather-like textile, energy storage, wound care, and many more. The technology is patent-pending and the machinery fully functional. The company was founded in 2016 and until COVID-19 pandemic developed eco-friendly leather-like textile from gelatin nanofibers, using this nanofiber production technology as part of the process. COVID-19 was a trigger to understand the wider potential of the technology which then led to pivot.The company is based in Estonia and holding incorporated in UK (2019).
  • Sigrid Therapeutics — Sigrid Therapeutics is developing an ingested medical device for lowering blood sugar in prediabetics.
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Peep Vain
Angel · 1 investments in Estonia Health Care startups

Peep Vain is the Private Investor at Vain and Partners. He attended Bentley University.

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Investment focus

  • Industry: Software, Genetics, Recruiting
  • Stage:Seed, Angel
  • Geography: Estonia

Investor stats

  • Total investments: 5
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • 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.
  • Bisly — Bisly Scalable Building Automation reduces the overhead for building professionals and makes energy saving easy and affordable.
  • 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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Krokodilli Kapital
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Health Care startups

Krokodilli Kapital provides invest in ventures that develop technologies and services.

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Salu Health — Salu is the best alternative to a family doctor.
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Alvar Lumberg
Angel · 1 investments in Estonia Health Care 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
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Beurer
VC Fund · Ulm, Baden-Wurttemberg, Germany · 1 investments in Estonia Health Care startups

We offer a range of more than 500 products, and ever since 1919 we have been delivering what our claim promises: health and wellness. Our product ranges will ensure you feel great all-round! From medical products specialized in prevention and diagnosis, to weight and diagnosis products, as well as therapy devices an

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Investor stats

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

Portfolio highlights

  • Healthy Networks — Healthy Networks flagship product, LungPass, is a smart stethoscope for lungs. It distinguishes serious and mild respiratory conditions by analysing lung sounds & symptoms. Easy to use, precise and affordable, LungPass is poised to become a go-to solution for people to own their respiratory health and for healthcare providers to expand theirservice coverage.
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PurposeTech
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 1 investments in Estonia Health Care startups

We invest in purpose-driven founders. Super early. We are their very first investor and one of their most valued partners in their journey to change the world.

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Investment focus

  • Industry: Apps, SaaS, Fashion
  • Stage:Pre-Seed, Seed
  • Geography: United Kingdom, France, Estonia

Investor stats

  • Total investments: 9
  • Round size: Seed $761k–$1.5M; Pre-Seed $307k–$2M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • auryx — Turning audible sound into health insights using AI
  • Lifeyear — Digital-first heart care. At scale.
  • Willow Stories — Preserve your legacy and honor loved ones by creating lasting memorials.
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Taavi Tänavsuu
Angel · 1 investments in Estonia Health Care 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 — YuMuuv is an employee wellness platform that uses science-based formulas to capture data and keeps track of physical activity & leaderboard.
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Marti Soosaar
Angel · 1 investments in Estonia Health Care startups

Marti Soosaar

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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 — YuMuuv is an employee wellness platform that uses science-based formulas to capture data and keeps track of physical activity & leaderboard.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Amalfi
VC Fund · 1 investments in Estonia Health Care startups

Amalfi is an investment firm

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Investment focus

  • Industry: Medical, Health Care
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • Nanordica Medical — Nanordica Medical develops novel nanoparticle-based antibacterial wound care products.
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Henry Joseph-Grant
Angel · Belfast, Belfast, United Kingdom · 1 investments in Estonia Health Care startups

Henry is a globally recognised entrepreneur and operator. He is currently CEO and Co-Founder of Send-Off, a startup based in Belfast, Northern Ireland.Previously, Henry was a key part of the team that built JUST EAT from a startup in the UK to $2.44Bn IPO. He joined the company before any venture capital had been invested and helping thecompany to achieve performance that then attracted investment from top tier VC's Index Ventures, Redpoint Ventures, 83 North and Vitruvian Partners investing substantially at Series A, B and C. Henry worked directly with JUST EAT's founder Jesper Buch and former CEO David Buttress. After JUST EAT, Henry went on to hold senior roles at Uber Rival Gett etc and founded the European arm of Abraaj Group's portfolio company The Entertainer. Over the past decade, Henry has worked with Startups, Venture Capital and PE fund across the world as an advisor and operator.Henry is an advisor to several startups and mentors CEO's for several accelerators, investment funds including the likes of Seedcamp, Pi Labs, ZincVC and Techstars and is a contributing writer at Irish Tech News, interviewing the likes of Twitter co-founder Biz Stone, Careem co-founder Mudassir Sheikha, Huawei founder Mr Ren Zhengfei and Gary Vaynerchuck.

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Investment focus

  • Industry: Information Technology, SaaS, FinTech
  • Stage:Seed, Angel, Equity Crowdfunding
  • Geography: Estonia, United States

Investor stats

  • Total investments: 3
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Nada — Finance, Invest and Bank your real estate.
  • Gigimot — With Gigimot, you can manage your existing and future customers from a single app. Schedule your online sessions with an easy booking option, set your price, livestream, accept payments, and promote your business online. Sign up for our exclusive pilot with 250 coaches and get early access to the early beta.
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Teddi Rull
Angel · 1 investments in Estonia Health Care 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 — YuMuuv is an employee wellness platform that uses science-based formulas to capture data and keeps track of physical activity & leaderboard.
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Think Bigger Capital
VC Fund · 1 investments in Estonia Health Care startups

Think Bigger Capital is a venture capital fund manager focused on Pre-Seed and Seed stages.

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Investment focus

  • Industry: Pharmaceutical
  • Stage:Pre-Seed
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • DrugCards — DrugCard - AI-powered pharmacovigilance tools & services for automated literature monitoring, regulatory intelligence and adverse events management.
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Kadri Ugand
Angel · Tallin, Harjumaa, Estonia · 1 investments in Estonia Health Care startups

Estonian entrepreneur Kadri Ugand is a Co-Founder of Tallinn-based game accelerator GameFounders. Kadri expands the mentor network, partnership deals and connects the startups to suitable mentors.

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Investment focus

  • Industry: mHealth, Health Care, Medical Device
  • Stage:Seed
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • Shen.AI — Discover how Shen AI turns your smartphone into a health companion - no wearables, just powerful, camera-based health insights.
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Margus Niitsoo
Angel · 1 investments in Estonia Health Care 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 — YuMuuv is an employee wellness platform that uses science-based formulas to capture data and keeps track of physical activity & leaderboard.
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UT Ventures
VC Fund · London, England, United Kingdom · 1 investments in Estonia Health Care startups

UT Ventures is an investment firm.

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Investment focus

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

Investor stats

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

Portfolio highlights

  • Better Medicine — Utilising AI to transform cancer diagnostics and radiology workflows for improved efficiency and patient outcomes.
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Kristel Kruustük
Angel · 1 investments in Estonia Health Care startups

Kristel is the Founder of Testlio, an expert community of verified mobile testers with a platform that seamlessly integrates into your team’s development process.Testlio believes in quality versus quantity when it comes to both testers and prioritizing issues, resulting in faster development cycles and improved apps.

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Investment focus

  • Industry: Education, Recruiting, Professional Services
  • Stage:Series A
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • Jobbatical — Jobbatical takes care of the entire relocation process for you. Just sit back and relax.
  • 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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European Investment Bank
VC Fund · Luxembourg, Luxembourg, Luxembourg · 1 investments in Estonia Health Care startups

The European Investment Bank (EIB) offers lending, borrowing, and treasury services primarily within the European Union. It provides project loans for public and private sectors, loans to banks and intermediaries, structured finance products, guarantees, and securitization instruments for debts. Additionally, EIB offers equity and fund investmentproducts, including infrastructure and environmental funds, as well as venture capital funds. EIB also supports microfinance and risk-sharing finance for research and innovation, and provides technical expertise for sustainable energy projects. Its services include infrastructure advisory, urban development support, guarantees for transport infrastructure, and funding for public-private partnerships and small- to medium-sized enterprises. The bank serves various sectors, including transportation, energy, health, education, and agriculture.

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Investment focus

  • Industry: Biotechnology, Health Care, Energy
  • Stage:Debt Financing, Post-IPO Debt
  • Geography: France, Germany, The Netherlands

Investor stats

  • Total investments: 294
  • Round size: Post-IPO Debt $7.7M–$658M; Debt Financing $13M–$400M
  • Lead/follow: 78% lead, 22% follow

Portfolio highlights

  • IPT PowerTech — IPT PowerTech coverage, coupled with our extensive expertise in supply chain management, field implementation, and power systems, has made us one of the most capable companies in handling the most complicated and versatile projects in the MEA region and its neighboring countries.
  • Interconnect Malta — Interconnect Malta is a government organization that develops and implements energy infrastructure projects.
  • NVision Imaging Technologies — NVision Imaging Technologies is leveraging advances in quantum physics to enable the first routine, convenient and affordable use of Magnetic Resonance Imaging (MRI) for assessing early patient response to cancer treatment at the metabolic level.
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Farmak
VC Fund · Kyiv, Kyyiv, Ukraine · 1 investments in Estonia Health Care startups

Farmak is a leader in the production of medicinal products in Ukraine and a leading exporter of national products to the markets of more than 50 countries. High quality and constant innovation have allowed us to maintain our leadership for more than 13 years

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Investment focus

  • Industry: Health Care, Medical, Mobile
  • Stage:Seed, Pre-Seed
  • Geography: Ukraine, Estonia, United States

Investor stats

  • Total investments: 5
  • Round size: Seed $1000k–$1M
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Altris.AI — AI for Ophthalmology & Optometry is the future of eye care. It will set high diagnostic standards for the industry and bring better patient outcome as a result. Together we will solve the preventable blindness problem.
  • DrugCards — DrugCard - AI-powered pharmacovigilance tools & services for automated literature monitoring, regulatory intelligence and adverse events management.
  • ComeBack Mobility — Smart Crutch Tips & Mobile apps is a dynamic tool to instruct correct weight-bearing and monitor patient compliance throughout the entire rehabilitation period
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Change Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Health Care startups

We are a seed stage venture capital fund based in the Baltic states, backing ambitious Baltic founders anywhere in the world.

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Investment focus

  • Industry: Software, Information Technology, Apps
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, Latvia, Lithuania

Investor stats

  • Total investments: 64
  • Round size: Seed $500k–$4.5M; Pre-Seed $273k–$2.2M; Series A $1M–$33M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Eurora — Eurora develops an e-commerce suite of customs compliance tools.
  • FanSifter — FanSifter is a fan data management platform that leverages machine learning to help rights holders in music, entertainment, and sports increase tickets, music, merch, experiences, and sponsorships sales.
  • RecruitLab — Teamdash's built-in recruitment, applicant tracking, and marketing features give you the focus you need to achieve the impossible. Here's how.
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Veedoo
VC Fund · 1 investments in Estonia Health Care startups

Develop high-end apps, software and websites that have a positive impact on society.

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Investment focus

  • Industry: Events, Sports, Fitness
  • Stage:Seed
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • Everyrun — Everyrun - a modern, flexible alternative to parkrun. Join races, runs, and running events or earn money by organizing your own whenever it suits you.
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Honey Badger Capital OÜ
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Health Care startups

We invest between 50k€ – 150k€ to start-ups along with access to our extensive network and know-how. We work together with an extended group of Pipedrive Angels who have the option to also join the investments we make which can bring the total amount invested up.

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Investment focus

  • Industry: FinTech, GreenTech, Health Care
  • Stage:Seed
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • sykell — sykell developing scalable and sustainable packaging and pooling solutions for retail, gastronomy and catering industry.
  • Grünfin — Grünfin is a sustainable investing platform for people who care about their impact.
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Burak Buyukdemir
Angel · Istanbul, Istanbul, Turkey · 1 investments in Estonia Health Care startups

Burak Buyukdemir is the founder at Etohum.

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Investment focus

  • Industry: B2B, FinTech, Health Care
  • Stage:Pre-Seed, Seed
  • Geography: United States, United Kingdom, India

Investor stats

  • Total investments: 7
  • Round size: Seed $680k–$1.5M; Pre-Seed $350k–$1.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • VAMA — VAMA is a one-stop virtual platform that provides easy access to e-pujas, e-darshans, and astrology services, to devotees from across India and the world.
  • El Dorado — El Dorado is a P2P marketplace that helps to buy and sell cryptocurrencies, money transfers, foreign exchange, and digital wallet services.
  • 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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Superangel
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Health Care startups

Early-stage investments from entrepreneurs to entrepreneurs. Our companies include Bolt, Veriff, Fortumo and many more. 10x@superangel.io

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Investment focus

  • Industry: Artificial Intelligence, Software, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, United States, Finland

Investor stats

  • Total investments: 76
  • Round size: Seed $767k–$6.6M; Pre-Seed $165k–$2.2M; Series A $5.3M–$20M
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $35M in 2022

Portfolio highlights

  • Salv — Smart AML solutions. Detect and mitigate money laundering risks through advanced transaction monitoring, sanction screening, and KYC risk scoring.
  • ROCSYS — Meet the world's first autonomous charging solution for electrical vehicles in public transportation, logistics, material handling, and passenger cars.
  • ZITICITY — Juragan69 adalah venue slot demo yang dipilih untuk final oleh para juragan di Indonesia karena memiliki fasilitas permainan slot yang lengkap serta pelayanan super ramah dari para customer service di situs ini.
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Sie Ventures
VC Fund · 1 investments in Estonia Health Care startups

Investment focus

  • Industry: CRM, SaaS, Mobile
  • Stage:Seed, Pre-Seed, Series B
  • Geography: United Kingdom, Spain, Estonia

Investor stats

  • Total investments: 5
  • Round size: Seed $2.2M–$9.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Your Juno — Join the Your Juno community and take control of your financial wellness. Download our free app and start planning for financial success today.
  • Biographica — Biographica is a computational biology company that develops software tools and platforms to support genomic data analysis, interpretation, and visualization for research and clinical applications. Its solutions are designed to help scientists, clinicians, and bioinformaticians process complex genomic datasets, annotate genetic variants, andexplore biological insights through integrated workflows and interactive visualizations. The company’s platform combines data management, algorithmic analysis, and graphical interfaces to streamline tasks such as sequence alignment, variant calling, functional interpretation, and cohort comparison. Biographica’s tools support interoperability with common bioinformatics formats and pipelines, enabling users to integrate genomic workflows with existing research infrastructure. The company also provides APIs and developer tools to allow custom integration, automation, and extension of analytic capabilities within broader computational environments. Its offerings are used across life sciences research, translational projects, and precision medicine initiatives that require scalable, interpretable genomic data analysis.
  • Fifth Dimension AI — Boost your productivity with our AI Assistant for property professionals. Supercharge your real estate teams across investment, asset management, research, and marketing.
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Jevgeni Kabanov
Angel · Tartu, Tartumaa, Estonia · 1 investments in Estonia Health Care 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: E-Commerce, Health Care, Apps
  • Stage:Pre-Seed, Seed, Series A
  • Geography: Estonia, Ukraine, United States

Investor stats

  • Total investments: 7
  • Round size: Seed $735k–$1.5M; Pre-Seed $143k–$410k
  • Lead/follow: 0% lead, 100% follow

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 — 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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Simpact Ventures
VC Fund · Warsaw, Mazowieckie, Poland · 1 investments in Estonia Health Care startups

Simpact is the first impact investment venture capital fund in Poland. We are looking for tech-driven startups that incorporate high business potential and a positive social or environmental impact. We empower founders to build tech companies which combine profit with purpose and have a potential to change the world for the better.

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Investment focus

  • Industry: Health Care, Software, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Poland, United States, Estonia

Investor stats

  • Total investments: 19
  • Round size: Seed $250k–$3.2M; Pre-Seed $255k–$425k
  • Lead/follow: 63% lead, 37% follow

Portfolio highlights

  • Prosoma — Prosoma was born out a need to provide more comprehensive care for cancer patients. We have found a fundamental lack of access to psychological care for patients who not only have to face a life-altering disease and treatment, but also crucially have a different set of needs than other psychological patients. Barriers to accessing psychologicalcare often include low numbers of therapists and clinicians in the area, financial or geographical limitations, and the general wellbeing of patients preventing them from attending meetings. All of these issues can be solved by modern technology.By using VR as part of, or when necessary, an alternative to traditional psychological treatment, we can reach patients that would otherwise be left without any support. They can use our tool at home or in the clinics whilst undergoing pharmacological treatment and chemotherapy.We hope to provide patients with a tool that will help them manage stress, cope with the burden of cancer, and eventually improve their quality of life.
  • ThermoEye
  • Glaze Prosthetics — Glaze offers completely new attitude to Prosthetics.
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Mansour Shafiei
Angel · 1 investments in Estonia Health Care 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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Aaron Patzer
Angel · San Francisco, California, United States · 1 investments in Estonia Health Care startups

In January, I started another company, Vital Software, with Dr. Justin Schrager of Emory University. Vital makes software for hospital emergency rooms. This includes a mobile patient check-in for patients, and the fastest, most usable electronic medical records you've seen for doctors and nurses. We use extensive machine learning and naturallanguage processing to determine patient severity and anticipated actions. Our longer term goal is to cut ER wait times in half, as they are often 4-5 hours long. You might not know it, but there are 140M ER visits in the US alone each year.Medical / sales are in the US, while development is all in Auckland New Zealand. My long-time partner Rebecca, an architect, is a Kiwi and I am now a resident of New Zealand as well.

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Investment focus

  • Industry: Software, Health Care, SaaS
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Estonia, New Zealand

Investor stats

  • Total investments: 12
  • Round size: Seed $150k–$6.1M; Pre-Seed $500k–$1M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Shen.AI — Discover how Shen AI turns your smartphone into a health companion - no wearables, just powerful, camera-based health insights.
  • Vital — Intuitive, user friendly, smart hospital software that leverages AI for an optimized patient and clinician experience.
  • Carbon Health — Carbon Health Provides Smart, hassle-free Primary & Urgent Care. Book same day Adult & Pediatric appointments instantly.
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Health Care Investor funding in Estonia at a glance

Stats across 61 deals from 80 investors.

80
investors
in Estonia Health Care startups
61
deals
in Estonia Health Care startups
$445k
median round
in Estonia Health Care startups
40%
lead investors
lead at least one round
30%
Pre-Seed
most common funding stage
66/34
VC / Angel
share of investor count

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