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Top 5 Hospitality Startup Investors in Estonia in September 2025

Last updated: Sep 2025 A list of 5 angel investors and VC (Venture Capital) funds that invest in Hospitality startups based in Estonia. We rank investors based on the number of investments they made in Hospitality companies from Estonia. We update this investor list every month.

Top 5 Hospitality Startup Investors in Estonia in September 2025

Investor	Hospitality Estonia investments
Specialist VC	3
Forward Venture Capital	1
Timo Rein	1
Martin Rand	1
Märt Kelder	1

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Investor list

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

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Investment focus

Information Technology, Software, Artificial Intelligence
Seed, Pre-Seed, Funding Round
Estonia, United Kingdom, Finland

Portfolio highlights

Vocal Image — Join 4M+ Vocal Image users to improve your communication skills in just minutes. Discover your voice type, boost confidence & speak better. Try now.
Lightyear — Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers and fees.
Better Medicine — Utilising AI to transform cancer diagnostics and radiology workflows for improved efficiency and patient outcomes.

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

Software, Financial Services, E-Commerce
Seed, Funding Round, Pre-Seed
United States, Sweden, Denmark

Portfolio highlights

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.
TO THE MARKET — TO THE MARKET is the turn key solution for ethical manufacturing and sourcing of apparel, accessories and home goods. We enable the supply chain of the future, in which retail manufacturing empowers people, protects the planet, and delivers quality products that result in a better bottom line.
Brink Commerce — Brink Commerce offers leading eCommerce solutions. Boost growth, perfect customer experiences, and unlock agility with our Composable Commerce API.

Timo Rein - Co-Founder @ Pipedrive

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Investment focus

Software, Artificial Intelligence, Human Resources
Seed, Angel, Convertible Note
Estonia, Finland, United Kingdom

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!

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

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Investment focus

Software, CAD, Hospitality
Seed
Estonia, United Kingdom

Portfolio highlights

FoodDocs — Try top-rated Food Safety Software that makes compliance easy so you can grow your business, cut food safety labour costs and boost operational efficiency.
Partscosting Ltd — Partscosting engages in helping engineers bring costing decisions into the initial design phase. They do this by connecting standard component data, including price and availability, directly into 3D CAD software.

founder at Voog.

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Investment focus

Information Technology, Public Transportation, Software
Seed, Angel, Pre-Seed
Estonia, Pakistan, Bangladesh

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.
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.

Investors by industry

Artificial intelligence

Venture Capital

Financial Services

Food and Beverage

Enterprise Software

Mobile Advertising

Wine And Spirits

Renewable Energy

Machine Learning

Agriculture (agtech)

Media (entertainment)

Investors by country

Russian Federation

Dominican Republic

United Arab Emirates

Marshall Islands

Investors in Estonia by industry

Food and Beverage

Enterprise Software

Artificial intelligence

Renewable Energy

Financial Services

Media (entertainment)

Agriculture (agtech)

Machine Learning