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Top 5 Hospitality VC Funds & Investors in Estonia (June 2026)

The most active venture capital funds 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 Series A 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
Spring Capital
VC Fund
1 Estonia, Finland, United States Seed, Pre-Seed, Series A Software, SaaS, E-Commerce $439k–$8.2M
Presto Ventures
VC Fund
1 Czech Republic, United States, Estonia Seed, Pre-Seed, Series A SaaS, Software, Information Technology $132k–$32M
Bonnier Capital
VC Fund
1 Sweden, Finland, Germany Seed, Series A Internet, E-Commerce, Health Care $1M–$21M
Forward Venture Capital
VC Fund
1 United States, Sweden, Denmark Seed, Pre-Seed Software, E-Commerce, Financial Services $150k–$8.5M
Access all 10 VC funds 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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Spring Capital
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Hospitality startups

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.

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, Finland, United States

Investor stats

  • Total investments: 24
  • Round size: Seed $439k–$2.4M; Pre-Seed $500k–$580k; Series A $7M–$8.2M
  • Lead/follow: 21% lead, 79% 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.
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Presto Ventures
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 1 investments in Estonia Hospitality startups

We're a Prague-based VC firm investing in fast growing tech companies and empowering talented startup founders from Central and Eastern Europe.

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Investment focus

  • Industry: SaaS, Software, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Czech Republic, United States, Estonia

Investor stats

  • Total investments: 80
  • Round size: Seed $713k–$2.7M; Pre-Seed $132k–$1.4M; Series A $3.8M–$32M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: Likely actively investing — fresh fund, raised $159M in 2024

Portfolio highlights

  • Corn — Corn is a new Ethereum Layer 2 network that aims to be the best platform for utilizing Bitcoin.
  • PilotGo — Developer platform for secure data sharing with multiple partners powered by Digital Twins.
  • 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.
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Bonnier Capital
VC Fund · Stockholm, Stockholms Lan, Sweden · 1 investments in Estonia Hospitality startups

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.

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Investment focus

  • Industry: Internet, E-Commerce, Health Care
  • Stage:Seed, Series A
  • Geography: Sweden, Finland, Germany

Investor stats

  • Total investments: 56
  • Round size: Seed $1M–$6.6M; Series A $3.4M–$21M
  • Lead/follow: 38% lead, 62% follow

Portfolio highlights

  • Airmee — Airmee provides a new last mile delivery solution. Whether you want to integrate Airmee into your webshop or simply book a local delivery today, we’ve got you covered. Airmee gives customers more – a great deal more – choice and convenience. Items when you want them. Where you want them. In as fast as an hour.
  • MatHem — MatHem is an e-commerce company that combines a complete grocery store online with recipes and subscriptions for ready-made groceries. It delivers food to Swedish homes 7 days a week. The company also combines a full grocery store online with prescription and subscription finished shopping bags. MatHem offers a broad range of grocery products andadjacent household consumables, catering to more than half of Swedish households. The company food is delivered to your door with their own temperature-controlled to ensure an unbroken cold chain.Mathem.se has been awarded The Grocery Website of the Year (Årets matsajt) in 2010, 2011 and 2013 by the Swedish online magazine Internet world. It was founded in 2009 and is based in Stockholm, Sweden
  • Natural Cycles — Natural Cycles birth control is 93% effective with typical use and 98% effective with perfect use. Learn more about hormone-free birth control 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.
Show all investments...

Hospitality VC funding in Estonia at a glance

Stats across 10 deals from 10 investors.

10
investors
in Estonia Hospitality startups
10
deals
in Estonia Hospitality startups
$944k
median round
in Estonia Hospitality startups
80%
lead investors
lead at least one round
50%
Seed
most common funding stage

Access all 10 VC funds in Estonia Hospitality startups.

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