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Top 5 Hospitality Startup Investors in Estonia (June 2026)

The most active venture capital funds and angel investors investing in Estonia Hospitality startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Estonia Hospitality startup companies. Find investors to raise a Pre-Seed, Seed or Angel round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Specialist VC
VC Fund
3 Estonia, United Kingdom, Finland Seed, Pre-Seed Software, Information Technology, Artificial Intelligence $241k–$6.5M
Timo Rein
Angel
1 Estonia, Finland, United Kingdom Seed, Angel, Convertible Note Software, Recruiting, Human Resources $280k–$1.2M
Forward Venture Capital
VC Fund
1 United States, Sweden, Denmark Seed, Pre-Seed Software, E-Commerce, Financial Services $150k–$8.5M
Martin Rand
Angel
1 Estonia, United Kingdom Seed Software, CAD, Hospitality $48k–$280k
Märt Kelder
Angel
1 Estonia, Pakistan, Bangladesh Seed, Angel, Pre-Seed Information Technology, Software, Transportation $100k–$2.2M
Access all 13 investors in Estonia Hospitality startups.

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Investor list

Specialist VC
VC Fund · Tallinn, Harjumaa, Estonia · 3 investments in Estonia Hospitality startups, 9 in the past 12 months

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: 64
  • Round size: Seed $587k–$6.5M; Pre-Seed $241k–$2.2M
  • Lead/follow: 34% lead, 66% follow
  • Last fund: Likely still investing — raised $55M in 2022

Portfolio highlights

  • Sera — Sera's AI streamlines prospecting with tailored lists and enriched profiles, including accurate emails and metrics.
  • Copla — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
  • CyberUpgrade — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
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Timo Rein
Angel · New York, New York, United States · 1 investments in Estonia Hospitality 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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Forward Venture Capital
VC Fund · Den Haag, Zuid-Holland, The Netherlands · 1 investments in Estonia Hospitality startups

Forward Venture Capital is a Venture Capital fund that invests in early-stage companies in the US and Europe. We support early stage entrepreneurs and help them accelerate their growth.

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Investment focus

  • Industry: Software, E-Commerce, Financial Services
  • Stage:Seed, Pre-Seed
  • Geography: United States, Sweden, Denmark

Investor stats

  • Total investments: 67
  • Round size: Seed $850k–$8.5M; Pre-Seed $150k–$2.3M
  • Lead/follow: 7% lead, 93% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • UrbanFox — UrbanFox protects online retailers against new forms of stealth fraud by analysing and learning from existing legitimate and fraudulent customer behavioural patterns.
  • DeltaGen — DeltaGen is an enterprise AI company transforming buyside M&A by automating 80% of manual workflows—eliminating inefficiencies and accelerating deal velocity for corporate development teams, private equity firms, and strategic acquirers. Unlike traditional AI tools that rely on manual prompting, DeltaGen’s no-prompt AI delivers highly accurate,deterministic insights with seamless integration.
  • Brink Commerce — Brink Commerce offers leading eCommerce solutions. Boost growth, perfect customer experiences, and unlock agility with our Composable Commerce API.
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Martin Rand
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Hospitality startups

Martin Rand is the CEO and Co-Founder of Pactum.com. Contributor to Forbes.com.

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Investment focus

  • Industry: Software, CAD, Hospitality
  • Stage:Seed
  • Geography: Estonia, United Kingdom

Investor stats

  • Total investments: 2
  • Round size: Seed $48k–$280k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • FoodDocs — FoodDocs digital Food Safety Management System makes compliance easy so you can grow your business, cut labour costs, and boost operational efficiency.
  • Partscosting Ltd — Get the latest Pba Basketball Odds and expert analysis for all Philippine Basketball Association games. Our comprehensive Pba Basketball Betting Odds platform provides real-time updates, moneyline spreads, and point totals for every matchup. Discover winning strategies with detailed Pba game previews and statistical breakdowns. Whether you're tracking live Pba odds or planning future bets, we deliver accurate Pba Basketball Odds to enhance your betting experience. Stay ahead in Pba Basketball Betting Odds with our professional insights and reliable data.
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Märt Kelder
Angel · Berlin, Berlin, Germany · 1 investments in Estonia Hospitality startups

founder at Voog.

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Investment focus

  • Industry: Information Technology, Software, Transportation
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Estonia, Pakistan, Bangladesh

Investor stats

  • Total investments: 9
  • Round size: Seed $100k–$318k; Angel $100k–$500k; Pre-Seed $2M–$2.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Jatri — Jatri is a public transport journey planner, digital ticketing and mobility marketplace, driving productivity by helping drivers to offer reliable transport to the commuters through our state-of-the-art technology.
  • FoodDocs — FoodDocs digital Food Safety Management System makes compliance easy so you can grow your business, cut labour costs, and boost operational efficiency.
  • Detail — Record and edit videos with Detail for iOS and macOS. Everything you need to create videos and podcasts, fast. Download for free on the App Store.
Show all investments...

Hospitality Investor funding in Estonia at a glance

Stats across 10 deals from 13 investors.

13
investors
in Estonia Hospitality startups
10
deals
in Estonia Hospitality startups
$944k
median round
in Estonia Hospitality startups
62%
lead investors
lead at least one round
50%
Seed
most common funding stage
77/23
VC / Angel
share of investor count

Access all 13 investors in Estonia Hospitality startups.

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