Top 10 Hospitality Startup Investors in Estonia (August 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| 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 | $240k–$4.6M |
|
Martin Rand
Angel
|
1 | Estonia, United Kingdom | Seed | Software, CAD, Hospitality | $48k–$280k |
|
Spring Capital
VC Fund
|
1 | Estonia, Finland, United States | Seed, Pre-Seed, Series A | Software, SaaS, E-Commerce | $439k–$9.1M |
|
Bonnier Capital
VC Fund
|
1 | Sweden, Finland, Germany | Seed, Venture - Series Unknown | Internet, Software, E-Commerce | $1M–$96M |
|
Presto Ventures
VC Fund
|
1 | Czech Republic, United States, United Kingdom | Seed, Pre-Seed, Series A | SaaS, Software, Artificial Intelligence | $132k–$32M |
|
Märt Kelder
Angel
|
1 | Estonia, Pakistan, Bangladesh | Seed, Angel, Pre-Seed | Information Technology, Software, Ride Sharing | $100k–$2.2M |
|
TS Ventures Fond
VC Fund
|
1 | United States, Serbia, Croatia | Seed, Pre-Seed, Series A | Software, B2B, SaaS | $325k–$1.4M |
|
Forward Venture Capital
VC Fund
|
1 | United States, Sweden, Denmark | Seed, Series A, Pre-Seed | Software, E-Commerce, Financial Services | $150k–$14M |
|
Silicon Gardens
VC Fund
|
1 | United States, Slovenia, United Kingdom | Seed, Pre-Seed, Series A | Software, Information Technology, Apps | $35k–$14M |
|
Timo Rein
Angel
|
1 | Estonia, Finland, United Kingdom | Seed, Angel, Convertible Note | Software, Recruiting, Human Resources | $136k–$2M |
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United Angels VC is an early stage venture capital fund based in Estonia.
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Pre-Seed
- Geography: Estonia, United Kingdom, Finland
Investor stats
- Total investments: 71
- Round size: Seed $545k–$4.6M; Pre-Seed $240k–$2.2M
- Lead/follow: 35% lead, 65% follow
- Last fund: Likely still investing — raised $55M in 2022
Portfolio highlights
- 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.
- Nanordica Medical — Nanordica Medical develops novel nanoparticle-based antibacterial wound care products.
Martin Rand is the CEO and Co-Founder of Pactum.com. Contributor to Forbes.com.
Show more...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.
Investments in exceptional teams in the Baltics & Nordics.Our two main focuses include: 1. Startups with a technological edge. Seed stage. Our check size is from €50K up to €200K. With a vast experience in startup building, we typically get hands-on with our advice and help the founders achieve operational excellence. 2. Innovators oftraditional sectors. SMEs with a proven track and strong market position. Clear plans to accelerate the growth. Our investment ticket can be from €300K to €700K to support these aspirations. If you think we have a match, reach out through invest@springcapital.ee.
Show more...Investment focus
- Industry: Software, SaaS, E-Commerce
- Stage:Seed, Pre-Seed, Series A
- Geography: Estonia, Finland, United States
Investor stats
- Total investments: 25
- Round size: Seed $439k–$2.5M; Pre-Seed $500k–$652k; Series A $7.4M–$9.1M
- Lead/follow: 20% lead, 80% follow
- Last fund: May invest from a new fund soon — raised $3.9M in 2018
Portfolio highlights
- Uniify — Uniify is a no-code customer onboarding software that makes it fast, easy and secure for financial companies to onboard their customers. Save your business time and money, and build onboarding flows for your customers in minutes instead of months.
- Crisp — Crisp connects data between retailers, distributors, and brands to power real-time insights across the supply chain.
- Salesforge — Salesforge is an all-in-one sales execution super app that gives every sales team the highest probability to hit their target by tackling email deliverability and the need to personalize cold email outreach at scale.We do that by enabling real-time AI & machine learning to decision critical sales activities, enhance messaging and eliminatethe need for various sales point solutions, therefore driving superior conversion rates.
Bonnier Capital is the investment division of the Bonnier Group. Since 2016, we invest in promising companies in structurally growing industries and have become a reliant investment partner to companies of various sizes.
Show more...Investment focus
- Industry: Internet, Software, E-Commerce
- Stage:Seed, Venture - Series Unknown
- Geography: Sweden, Finland, Germany
Investor stats
- Total investments: 59
- Round size: Seed $1M–$5.9M; Venture - Series Unknown $2.4M–$96M
- Lead/follow: 39% lead, 61% follow
Portfolio highlights
- Acast — Want to start a podcast? Acast can help. We're the world's leading independent podcast company, helping creators and advertisers reach listeners globally.
- AAC Clyde Space — AAC Clyde Space; squeezing big performance out of small satellites and CubeSats.
- Mediaflow Europe — Mediaflow is the platform that makes your files easy to find, your collaboration seamless and your brand stronger.
We're a Prague-based VC firm investing in fast growing tech companies and empowering talented startup founders from Central and Eastern Europe.
Show more...Investment focus
- Industry: SaaS, Software, Artificial Intelligence
- Stage:Seed, Pre-Seed, Series A
- Geography: Czech Republic, United States, United Kingdom
Investor stats
- Total investments: 106
- Round size: Seed $646k–$3M; Pre-Seed $132k–$1.7M; Series A $3.8M–$32M
- Lead/follow: 47% lead, 53% follow
- Last fund: Likely still investing — raised $159M in 2024
Portfolio highlights
- Occam Industries — Modernising automation for modern conflict environments. Sole European supplier to the Ukrainian front line.
- SatVu — SatVu captures high resolution thermal data from space for a safer and more sustainable Earth.
- The New Era® of Shopping — The New Era® of Shopping helps merchants make their catalogues discoverable and shoppable inside AI assistants. Key features of the platform include two-way catalog syncing with PIMs/ERPs, SKU-level intelligence to measure AI visibility and ranking of products inside LLM responses, user prompts analysis for trends and volume insights, andautomated content optimization to improve how products rank in conversational answers. The product is already integrated with all major eCommerce platforms like Shopify, WooCommerce, Magento, BigCommerce, Wix, etc, as well as main AI discovery platforms: ChatGPT, Gemini, Claude, Google AI Mode, and Perplexity.
founder at Voog.
Show more...Investment focus
- Industry: Information Technology, Software, Ride Sharing
- Stage:Seed, Angel, Pre-Seed
- Geography: Estonia, Pakistan, Bangladesh
Investor stats
- Total investments: 10
- Round size: Seed $100k–$318k; Angel $100k–$500k; Pre-Seed $2M–$2.2M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- BusCaro — Comfort, Reliability Consistency. Your one-stop solution for hassle-free commute. Commute Made Easier About BusCaro Innovative approach towards mobility for organizations across Pakistan. BusCaro is a tech-based startup providing solutions aimed at simplifying commute. Paired with a reliable technology stack, and the mission to drive a positive change in the mobility sector, BusCaro is a seamless
- Supersimple — Supersimple helps SaaS companies use customer behavior data to drive decisions in product & sales.
- ScamGuardian.AI — ScamGuardian develops AI-powered victim simulations to capture actionable scam intelligence
We help the most ambitious startups build the next big things. Benefits? Sure, there are plenty. Every step of the process is considered with detailed care. Supervisor Committee Expert Team
Show more...Investment focus
- Industry: Software, B2B, SaaS
- Stage:Seed, Pre-Seed, Series A
- Geography: United States, Serbia, Croatia
Investor stats
- Total investments: 7
- Round size: Seed $325k–$1.4M
- Lead/follow: 29% lead, 71% follow
Portfolio highlights
- B2Bee — B2Bee is a software company specialized in automating sales processes with a focus on the B2B segment and wholesale. The company developed integrated applications that automate sales and warehousing processes all connected to customers' business software: There will be no more missed sales and mistakes.B2B Manager – Gives customers theability to make orders 24/7 on any device, with their terms of purchase. Field Seller Application – Powering field sellers with real-time information about stock, clients, products, and documents from business software Service application – Work orders management applicationB2Bee have made an omnichannel sales automation tool, for the wholesalers.
- Getafeel — We specialize in 3D digital twin solutions for residential real estate developers.
- Connect The Dots — Connect The Dots is a network intelligence platform that uses AI to map and manage career-long professional relationships. The company was founded in 2019 and is based in San Francisco, California, United States.
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.
Show more...Investment focus
- Industry: Software, E-Commerce, Financial Services
- Stage:Seed, Series A, Pre-Seed
- Geography: United States, Sweden, Denmark
Investor stats
- Total investments: 71
- Round size: Seed $850k–$8.5M; Pre-Seed $150k–$2.3M; Series A $1.6M–$14M
- Lead/follow: 7% lead, 93% follow
- Last fund: May invest from a new fund soon — last raise in 2017
Portfolio highlights
- Halfdays — Halfdays is a skiwear brand for the modern woman. The company is on a mission to make the outdoors more approachable, inclusive, and fun.
- Quickture — Quickture is an AI editing tool for professional non-scripted editors that integrates with Adobe Premiere Pro and Avid Media Composer to deliver instant rough cuts and revisions.
- Kadence — Easy hybrid workplace management software supporting Desk Booking, Conference Room Booking, Visitor Management, and Workplace Events.
Californians have their Silicon Valley, New Yorkers have Silicon Alley, Londoners the Silicon Roundabout, Berlin has the Silicon Alee and they're witnessing the rise of Silicon Savannah in Kenya. But what best describes Slovenia are the Silicon Gardens - small, efficient, highly cultivated patches of technology entrepreneurship. 500+ membersand growing rapidly.
Show more...Investment focus
- Industry: Software, Information Technology, Apps
- Stage:Seed, Pre-Seed, Series A
- Geography: United States, Slovenia, United Kingdom
Investor stats
- Total investments: 45
- Round size: Seed $35k–$4.5M; Pre-Seed $679k–$2M; Series A $5M–$14M
- Lead/follow: 27% lead, 73% follow
- Last fund: May invest from a new fund soon — last raise in 2014
Portfolio highlights
- Codeplain — *codeplain is an ai-powered code generation service that produces production-ready software from specifications written in ***plain language.
- FotoNation — We create, innovate and deliver the next generation of computational imaging algorithms. #Biometrics, #actioncamera #AutomotiveDMS more. https://t.co/1NT3m3clYl
- Superapp — Build iOS, Mac and Apple Watch swift native apps and games with AI. One click to App Store & ASO. Join Superapp Discord https://t.co/klNe8391Vw
Timo Rein is based out of New York, New York, and is the Co-Founder of Pipedrive. Timo Rein attended the University of Tartu.
Show more...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–$2M; Angel $136k–$359k
- 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!
Hospitality Investor funding in Estonia at a glance
Stats across 11 deals from 16 investors.
Access all 16 investors in Estonia Hospitality startups.
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