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Top 10 InsurTech VC Funds & Investors in Estonia (August 2026)

The most active venture capital funds investing in Estonia InsurTech startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Estonia InsurTech startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
SMOK Ventures
VC Fund
3 Poland, United States, Ukraine Seed, Pre-Seed Software, Information Technology, SaaS $54k–$3M
Superhero Capital
VC Fund
2 Finland, Lithuania, Estonia Seed, Pre-Seed, Venture - Series Unknown Software, Information Technology, Artificial Intelligence $212k–$7.3M
Verge HealthTech Fund
VC Fund
2 Estonia, Singapore, United Kingdom Seed, Pre-Seed, Series A Health Care, Medical Device, Medical $500k–$4.7M
Simpact Ventures
VC Fund
1 Poland, United States, Estonia Seed, Pre-Seed, Series A Artificial Intelligence, Health Care, Software $250k–$8M
Tilia Impact Ventures
VC Fund
1 Czech Republic, Estonia, United States Seed, Pre-Seed Information Technology, Software, Health Care $132k–$6M
EstBAN
VC Fund
1 Estonia, Lithuania, Latvia Seed, Pre-Seed, Angel Software, CleanTech, Manufacturing $200k–$2.2M
Carglass Estonia
VC Fund
1 Estonia Seed Mobile, Software, InsurTech
DOJUS group
VC Fund
1 Estonia, Lithuania Seed, Pre-Seed B2B, Mobile, Software
DEPO Ventures
VC Fund
1 Czech Republic, United States, Estonia Seed, Pre-Seed, Convertible Note Software, Artificial Intelligence, Information Technology $300k–$4.3M
Lemonade Stand
VC Fund
1 Estonia, Lithuania, India Seed, Pre-Seed Software, Artificial Intelligence, FinTech $227k–$3M
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Investor list

SMOK Ventures
VC Fund · Warsaw, Mazowieckie, Poland · 3 investments in Estonia InsurTech startups

Bridging Silicon Valley to CEE

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Investment focus

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

Investor stats

  • Total investments: 80
  • Round size: Seed $477k–$3M; Pre-Seed $54k–$1.4M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: Likely still investing — raised $25M in 2024

Portfolio highlights

  • Paypercut — Paypercut is a fintech startup that allows small and mid-scaled merchants to offer Buy Now, Pay Later at checkout via a single integration.
  • Primio — The Fastest Way From Idea to App Store Native iOS and Android. Web included. Ready for app stores in minutes.
  • 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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Superhero Capital
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Estonia InsurTech 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, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Finland, Lithuania, Estonia

Investor stats

  • Total investments: 97
  • Round size: Seed $212k–$2.6M; Pre-Seed $618k–$1.8M; Venture - Series Unknown $1.6M–$7.3M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: May invest from a new fund soon — raised $35M in 2020

Portfolio highlights

  • Zadaa — For Zadaa users: continue secondhand shopping and selling on Bought, the new app from Helsinki that automates listings from your past purchases.
  • ADESANTE — SurgeryVision is a Virtual Reality solution for Surgeons. Product is intended to be used for planning surgical procedures.
  • Creagent — Find designers. Screened & shortlisted. Easy, fast and cost-effective - the smart way of sourcing with AI.
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Verge HealthTech Fund
VC Fund · Singapore, Central Region, Singapore · 2 investments in Estonia InsurTech 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: 28
  • Round size: Seed $500k–$4.7M; Pre-Seed $500k–$1M
  • Lead/follow: 54% lead, 46% follow
  • Last fund: May invest from a new fund soon — raised $17k in 2021

Portfolio highlights

  • Zoundream — The Future of Infant Care
  • Understanding Zoe — One calm home that remembers for you and grows with your family. Built in Australia for families raising neurodivergent children. Try free for 7 days.
  • Neuraworx Medical Technology — Neuraworx Medical Technology is a neurotechnology company developing first-in-class bioelectronic solutions for brain health.
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Simpact Ventures
VC Fund · Warsaw, Mazowieckie, Poland · 1 investments in Estonia InsurTech 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: Artificial Intelligence, Health Care, Software
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Poland, United States, Estonia

Investor stats

  • Total investments: 38
  • Round size: Seed $250k–$3.6M; Pre-Seed $250k–$653k; Series A $1.5M–$8M
  • Lead/follow: 74% lead, 26% follow

Portfolio highlights

  • Dekoeko — Dekoeko.com is a sales and community platform that connects designers working in upcycling, eco-design and slow fashion with people who value a unique and distinctive neutral design for the environment.
  • ThermoEye — Integrated early disease detection system for animal production.
  • Glaze Prosthetics — Premium 3D-printed upper limb prosthetics combining cutting-edge design, lightness, and uncompromising comfort.
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Tilia Impact Ventures
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 1 investments in Estonia InsurTech 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:Seed, Pre-Seed
  • Geography: Czech Republic, Estonia, United States

Investor stats

  • Total investments: 26
  • Round size: Seed $1.1M–$6M; Pre-Seed $132k–$1.6M
  • Lead/follow: 38% lead, 62% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • FaceUp — Whistleblowing System for companies and schools. FaceUp is an anonymous reporting channel for those who care.
  • Shen.AI — Discover how Shen AI turns your smartphone into a health companion - no wearables, just powerful, camera-based health insights.
  • Delta Green — Aggregating household assets in large controllable block of flexibility.
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EstBAN
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia InsurTech startups

More than just a business angel network Building synergy between startups and angel investors EstBAN is member led organisation committed to finding, funding and mentoring ambitious young companies from pitch through to a successful exit. About estban Latest news Created with Fabric.js 3.5.0 All news For investors Get access to quality pre-selected internationaldeal-flow, and be

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Investment focus

  • Industry: Software, CleanTech, Manufacturing
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Estonia, Lithuania, Latvia

Investor stats

  • Total investments: 22
  • Round size: Seed $215k–$2.2M; Angel $232k–$1M; Pre-Seed $200k–$1.2M
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • BrachyDOSE — BrachyDOSE - is a med-tech startup dedicated to solve radiation injuries that occur during the brachytherapy procedure. Our team consists of engineers and physicists experience in scientific research.
  • Nanordica Medical — Nanordica Medical develops novel nanoparticle-based antibacterial wound care products.
  • Granarium Technologies — Granarium - The worlds first 100% renewable power storage for grid stabilization
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Carglass Estonia
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia InsurTech startups

Carglass ensures quality in both our glasswork and customer service. Carglass is a brand belonging to the Belron International group, which is the world's leading group providing car glass replacement, repair, and installation services.

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Investment focus

  • Industry: Mobile, Software, InsurTech
  • Stage:Seed
  • Geography: Estonia

Investor stats

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

Portfolio highlights

  • DriveX Technologies — Decrease your average claim size with AI vehicle inspection tool for CASCO pre-checks and windshield claims.
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DOJUS group
VC Fund · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Estonia InsurTech startups

Group of companies engaged in heavy machinery distribution, real estate and financial investments

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Investment focus

  • Industry: B2B, Mobile, Software
  • Stage:Seed, Pre-Seed
  • Geography: Estonia, Lithuania

Investor stats

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

Portfolio highlights

  • Walk15 — Walk15 sustainable walking platform helps engage employees in active mobility and improve companies' ESG reports. Walk15 combines the Sustainable Activity Platform - a tool offering B2B clients annual subscriptions to activate their employees and monitor social impact data for ESG reports - and #walk15 app for B2B clients to buy Step Walletsubscriptions to promote their products and services within the app.
  • DriveX Technologies — Decrease your average claim size with AI vehicle inspection tool for CASCO pre-checks and windshield claims.
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DEPO Ventures
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 1 investments in Estonia InsurTech startups

DEPO Ventures is an angel network and VC (Grouport and DEPO Angels Fund II), which connects world of startups and investors.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Czech Republic, United States, Estonia

Investor stats

  • Total investments: 74
  • Round size: Seed $564k–$4.3M; Pre-Seed $300k–$1.3M
  • Lead/follow: 15% lead, 85% follow

Portfolio highlights

  • Tapaya — Software infrastructure that turns any device into a payment terminal. For developers who need to ship fast without becoming payments experts.
  • Readmio — You read aloud, we add sounds. Magical mobile app for Android and iOS.
  • WanderWallet — Pay with Pix in Brazil, Mercado Pago in Argentina, QR in Bolivia, without a local bank account. Fund with USD or EUR, scan QR codes, pay instantly. No ATM fees.
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Lemonade Stand
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia InsurTech 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: 43
  • Round size: Seed $1M–$3M; Pre-Seed $227k–$2.2M
  • Lead/follow: 9% lead, 91% 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 is unifying energy certificate registries. We give corporate energy buyers, sustainability teams, procurement teams, utilities, and traders one infrastructure layer across fragmented registries so they can procure, manage, and cancel renewable energy certificates with far less manual work.The platform combines aggregated procurement fromthousands of utilities with cleaner registry execution and audit-ready, government-backed cancellation statements traceable to the generating machine. That makes renewable energy certificate management easier to run, easier to evidence, and easier to scale across markets.
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InsurTech VC funding in Estonia at a glance

Stats across 9 deals from 18 investors.

18
investors
in Estonia InsurTech startups
9
deals
in Estonia InsurTech startups
$1M
median round
in Estonia InsurTech startups
33%
lead investors
lead at least one round
44%
Seed
most common funding stage

Access all 18 VC funds in Estonia InsurTech startups.

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