# Top 50 Marketplace Angel Investors in Estonia in June 2026

## Kristjan Vilosius
- Type: Angel
- Relevant deals: 4
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Information Technology, E-Commerce

Kristjan Vilosius - Co-Founder and CEO @ Katana

## Markus Villig
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 4
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, Information Technology, FinTech

Markus Villig is founder and CEO of Taxify. He attended University of Tartu.

## Triin Hertmann
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 3
- Stages: Seed, Pre-Seed
- Focus: FinTech, Software, E-Commerce

Triin Hertmann is founder of Grünfin, a sustainable investment platform, angel investor (mostly in Estonia and Nordics region). She is a former COO at TransferWise and early employee of Skype.

## Alvar Lumberg
- Type: Angel
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, Information Technology, FinTech

Alvar Lumberg

## Martin Sokk
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 3
- Stages: Pre-Seed, Seed
- Focus: Rental, FinTech, Finance

Martin Sokk is a Co-Founder, CEO of Lightyear Company. He attended Estonian Information Technology College.

## Markku Jääskelainen
- Type: Angel
- Location: Miami, Florida, United States
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Drones, Big Data, Software

Markku Jääskelainen.

## Martin Henk
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 2
- Stages: Pre-Seed, Seed, Angel
- Focus: Software, SaaS, Information Technology

Martin Henk is the Co-founder of Pipedrive.

## Miko Matsumura
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Financial Services

Miko Matsumura is a General Partner at gumi Cryptos Capital (gCC) a blockchain focused venture capital firm

## Märt Aro
- Type: Angel
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Education, Marketplace

Märt Aro

## Norberts Erts
- Type: Angel
- Location: Riga, Riga, Latvia
- Relevant deals: 1
- Stages: Seed
- Focus: Rental, Retail, Leasing

Norberts Erts is the Product Marketing Manager at Sage.

## James B Gambrell
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Series B
- Focus: Sports, Fashion, E-Commerce

James B Gambrell - CEO @ Supponor

## Nick van der Kolk
- Type: Angel
- Relevant deals: 1
- Focus: Analytics, Blockchain, Ad Targeting

Nick van der Kolk

## Toivo Annus
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: E-Commerce, Software, FinTech

Active individual investor in flying drones, also looking at payments and ecommerce.

## Artis Kehris
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Information Technology, Information Services, Legal

Artis Kehris - Co-Founder @ Printify

## Matteo Gamba
- Type: Angel
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- Stages: Equity Crowdfunding, Convertible Note, Series A
- Focus: FinTech, Financial Services, Banking

Matteo leads the product teams taking care of Payments & Fraud at Wayfair, one of the top e-commerce retailers selling furniture and home goods in North America and Europe. Before Wayfair, he led the product function for the growth teams at (Transfer)Wise.

## Jevgeni Kabanov
- Type: Angel
- Location: Tartu, Tartumaa, Estonia
- Relevant deals: 1
- Stages: Pre-Seed, Seed, Series A
- Focus: E-Commerce, Health Care, Apps

Jevgeni Kabanov is the President of Bolt. He previously worked at Sabbatical as a Wandering Musician. Jevgeni Kabanov attended the University of Tartu.

## Declan Kelly
- Type: Angel
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Information Technology, FinTech

Founder of Foreword.vc, an early-stage micro fund backing startups throughout their initial chapters. Also advisor at Web Summit and EiR at Seedcamp. 
Previously covering Europe for Techstars Ventures and founding member of Web Summits venture fund, Amaranthine.

## Ragnar Sass
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Information Technology, Software, SaaS

Ragnar Sass is the Co-Founder of Darkstar Camp. He previously worked at LIFT99 as a Founder and CEO. Ragnar Sass attended Estonian Business School.

## Andreas Klinger
- Type: Angel
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Information Technology, SaaS

Hello, my name is Andreas Klinger.I am leading the eng team @ On Deck (beondeck.com). Previously I led things related to eng, product & remote @ producthunt.com, angel.co and coinlist.co. If you want to reach me please use twitter @andreasklinger

## Koray Gultekin Bahar
- Type: Angel
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Software, E-Commerce, Sharing Economy

Koray Gultekin Bahar is a Co-Founder & CEO at Figopara.Koray attended Eastern Mediterranean University.

## Andrius Slimas
- Type: Angel
- Location: Vilnius, Vilniaus Apskritis, Lithuania
- Relevant deals: 1
- Stages: Seed
- Focus: Information Technology, Cooking, Jewelry

Andrius Slimas - CEO and co-founder @ Oberlo, formerly head of web agency Studio4, over ten years experience in ecommerce, dropshipping and software development.Oberlo is a dropshipping solution for ecommerce store-owners. It provides a number of dropshipping automation tools and instant access to millions of products available fordropshipping.

## Anthony Danon
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: FinTech, Financial Services, Apps

Anthony Danon is based out of London, England, and is the Founder of Rerail. Anthony previously worked at Hedosophia as a Venture Partner. Anthony Danon attended the University of Cambridge.

## Uğur Şeker
- Type: Angel
- Location: Besiktas, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Convertible Note
- Focus: Marketing, Gaming, Big Data

Uğur Şeker

## Kustaa Valtonen
- Type: Angel
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Education, Marketplace

Kustaa Valtonen - Board Member @ Valotalive

## Kaarel Kotkas
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Series A, Angel
- Focus: Software, Gaming, 3D Technology

Kaarel Kotkas is a Co-Founder and CEO at Veriff.

## Tiit Paananen
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Retail, Software

Tiit joined Skype 2005 as a test director after 10 years leading companies in Software Development and holding Engineering Operations roles in Estonia and the Baltics.At Skype he was responsible for Software Quality Assurance and testing for 7 years. In his last 2 years, he served as General Manager of Skype Estonia, coordinating EngineeringL&D, onboarding and community mgmt globally for Skype.Tiit is active member of vibrant ICT community in Estonia and member of the board in Estonian IT and Telecommunications Association, in which he focuses on education and workforce, and heads the IT academy steering committee. IT academy is a joint program between Tallinn Technical University and Tartu University ICT faculties to up level ICT education quality in Estonia.Tiit is also a skydiver, aircraft pilot and beer enthusiast resurrecting microbrewery industry in Estonia.

## Peter Vesterbacka
- Type: Angel
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Fashion, Computer, Education

Peter Vesterbacka served as the Chief Marketing Officer and Mighty Eagle of Rovio Entertainment Oy. Vesterbacka manages the Rovio Entertainment’s business strategy, including expanding Angry Birds into broader entertainment franchise. He serves as Senior Advisor of Transfluent Oy. Previously, he has founded Some Bazaar, he has held severalcommunications industry related positions at Hewlett Packard and founded the Hewlett Packard Mobile E Services Bazaar and he is the co-founder and original initiator of MobileMonday. He serves as a Director of Star Wreck Studios, Start Up Sauna, BlueGiga Technologies Oy, Oy Filmkompaniet Alpha Ab and American Chamber of Commerce in Finland. He served as a Director of F-Secure Oyj since 2014 until April 7, 2015. Vesterbacka has studied marketing at Åbo Akademi.

## Martin Cass
- Type: Angel
- Location: Dublin, Dublin, Ireland
- Relevant deals: 1
- Stages: Seed
- Focus: Internet, Insurance, Marketplace

Martin Cass

## Mikhail Lugovskiy
- Type: Angel
- Location: Amsterdam, Noord-Holland, The Netherlands
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: SaaS, Legal, Software

Advisor, financial specialist with Economics and Management background. Mikhail has 5+ years’ experience in financial industry, having worked for a number of large institutions and asset managers.

## Carmen Alfonso Rico
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Pre-Seed, Seed
- Focus: Software, Information Technology, Gaming

Lucky friend, family girl. Always chasing the “why” and “so what” of everything. Food explorer. Book lover. My Spotify running playlist is embarrassing. Obsessed with the power of communities and looking for #customerlove in the weirdest places. Lawyer and economist, previously @MorganStanley, @FelixCapital. Launched a D2C brand from my living room(RIP). From Spain but call London home. I collect exotic stamps on my passport.

## Martin Tajur
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 1
- Stages: Pre-Seed, Seed, Angel
- Focus: Software, SaaS, Recruiting

Martin Tajur is the co-founder of Pipedrive.

## Henry Joseph-Grant
- Type: Angel
- Location: Belfast, Belfast, United Kingdom
- Relevant deals: 1
- Stages: Seed, Angel, Equity Crowdfunding
- Focus: Information Technology, SaaS, FinTech

Henry is a globally recognised entrepreneur and operator. He is currently CEO and Co-Founder of Send-Off, a startup based in Belfast, Northern Ireland.Previously, Henry was a key part of the team that built JUST EAT from a startup in the UK to $2.44Bn IPO. He joined the company before any venture capital had been invested and helping thecompany to achieve performance that then attracted investment from top tier VC's Index Ventures, Redpoint Ventures, 83 North and Vitruvian Partners investing substantially at Series A, B and C. Henry worked directly with JUST EAT's founder Jesper Buch and former CEO David Buttress.
After JUST EAT, Henry went on to hold senior roles at Uber Rival Gett etc and founded the European arm of Abraaj Group's portfolio company The Entertainer. Over the past decade, Henry has worked with Startups, Venture Capital and PE fund across the world as an advisor and operator.Henry is an advisor to several startups and mentors CEO's for several accelerators, investment funds including the likes of Seedcamp, Pi Labs, ZincVC and Techstars and is a contributing writer at Irish Tech News, interviewing the likes of Twitter co-founder Biz Stone, Careem co-founder Mudassir Sheikha, Huawei founder Mr Ren Zhengfei and Gary Vaynerchuck.

## Chris Adelsbach
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: FinTech, Financial Services, Software

Chris Adelsbach - Founding Partner @ Outrun Ventures

## Mada Arslan
- Type: Angel
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Convertible Note, Series A
- Focus: Apps, Sports, Consumer Goods

Prior to Id4 ventures Mada was Head of Financial Control & Compliance at Leap Ventures and consultant at Lebanese central bank Banque Du Liban.
Before that, she spent 3 years as an auditor at PwC. Mada holds a BBA with an emphasis in accounting & an MBA from the American University of Beirut and is a Certified Public Accountant licenseefrom the State of New Hampshire USA.

## Märt Kelder
- Type: Angel
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Information Technology, Software, Transportation

founder at Voog.

## Marc Lamik
- Type: Angel
- Location: Lisbon, Lisboa, Portugal
- Relevant deals: 1
- Stages: Seed
- Focus: Fashion, E-Commerce, Search Engine

Marc Lamik is the Chief Product and Technology Officer of Moonfare. He previously worked at Cloudflare as a Director of Product. Marc Lamik attended the University of Düsseldorf.

## Toomas Hendrik Ilves
- Type: Angel
- Location: Stanford, California, United States
- Relevant deals: 1
- Stages: Seed
- Focus: Fashion, E-Commerce, Search Engine

Toomas Hendrik Ilves is the CEO of Ilves Consulting Group. He attended the University of Pennsylvania.

## Gonzalo Manrique
- Type: Angel
- Location: Madrid, Madrid, Spain
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, Recruiting, Information Technology

Gonzalo Manrique is Co-Founder and Co-CEO at IronHack.

## James Berdigans
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, Drones, FinTech

James Berdigans is the Executive Chairman of Printify. He previously worked at Vendora Nordic AB as a Head of Sales, Baltic States Region. James Berdigans attended UNC Kenan-Flagler Business School.

## Ahmed Faruk Karslı
- Type: Angel
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: E-Commerce, Art, Retail

Ahmed Karslı is the chairman of the board at Papara.

## Kimmo Rytkönen
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: FinTech, Finance, Marketplace

Founder & CEO @ Income | Fintech | P2P and Crowdfunding | Consumer Credit |

## Artur Dianov
- Type: Angel
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Drones, Manufacturing

Artur Dianov is a angel investor.

## Tomer Warschauer Nuni
- Type: Angel
- Location: Herzliya, Tel Aviv, Israel
- Relevant deals: 1
- Stages: Seed
- Focus: Blockchain, Analytics, Ad Targeting

Tomer Warschauer Nuni is a distinguished figure in the digital marketing and blockchain sectors, boasting over two decades of experience. Known for his innovative approach to GameFi and DeFi, Tomer has carved out a niche as a forward-thinking leader in the Web3 revolution. His career is highlighted by successful exits and strategic investments thatunderscore his knack for harnessing the power of emerging technologies.As a strategic advisor, Tomer applies his vast experience and visionary insight to propel his portfolio companies forward. He specializes in bridging the gap between complex blockchain innovations and market needs, crafting strategies that resonate with diverse audiences. Tomer's 25 years of digital marketing experience and his passion for blockchain technologies make him an invaluable asset to any project he advises.With two successful exists and dozens of successful project token listings, his contributions extend beyond business achievements; Tomer is also a respected voice in the industry, sharing his expertise through articles and thought leadership in Forbes and Cointelegraph.As an angel investor and strategic advisor, he leverages his vast network and expertise to support and drive growth for his portfolio companies and foster an environment of ecosystem collaborations, business innovations, and partnership excellence.Various well-known industry names are among his portfolio companies, in which he also serves as a strategic advisor, such as ChainGPT, GT Protocol, Cookie3, Kima Network, Bubblemaps, Glyph, Omnia Protocol, Eesee, Legends, Shieldeum, Cluster Protocol, Oddin, Zyfi, Octavia, Ironblocks, Aspis Finance, Bondex, Pink Moon Studios, Uncaged Studios, Aether Games, Engines of Fury, Galaxy Games, Ethernity, Terminal, and many others.

## Rius Chua
- Type: Angel
- Relevant deals: 1
- Focus: Analytics, Blockchain, Ad Targeting

Rius Chua

## Kartik Varma
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed
- Focus: Internet, Insurance, Marketplace

Kartik Varma

## Sebastien Borget
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Blockchain, Gaming, Cryptocurrency

Sebastien Borget is the Co-founder and COO of Pixowl. Passionate for blockchain technology, gaming and education, he is a very active speaker and evangelist who spent the past 8 years focused exclusively on mobile gaming, creating successful games that were downloaded millions of times.

## Ahmet Bilgen
- Type: Angel
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Education, E-Commerce, Sharing Economy

Ahmet Bilgen Turkish Cypriot entrepreneur and angele investor. 
He lives in Famagusta-North Cyprus. He finished primary school and high School in Famagusta. He has been a very active person all throughout his life,  he received a Black Belt II. Dan in TaeKwon-do, played in the local soccer team while studying at Canbulat high school. Ahmet was alsohelping his family with their farming business by selling the produce to shops, making some money in the meanwhile which he used to buy his first bicycle, first ball or his first pair of sneakers. Ahmet graduated with Bsc in Applied Marth and Computer Science from Eastern Mediterranean University (EMU) in 1993. Between 1993 and 1995 he got his Masters degree in Computer Science. Right after he started his PhD degree in Computer Science but decided to quit academia after his first semester. During his masters and PhD degrees, he took part in developing intelligent user interfaces and inmemory data concepts for mobile devices. After leaving academic life, Ahmet worked in various IT companies for about 2 years and then joined SAP where he had his first professional work experience. Ahmet joined SAP Turkey as the Technology Consultant, and therefore took part in the implementation of more than 100 SAP projects with companies like Yaşar, Koç, Sabancı, Havelsan, Arena etc. as these were the first implementers of SAP ERP in Turkey. During his tenure at SAP, he worked in various roles such as technical consultant, business analyst, project and team manager and architect.
Ahmet, after working at SAP for 2 years and getting enough project experience and honing on his technical skils, he decided to set up FIT “Future Information Technology” Solutions together with 3 of his friends in 1999. By the end of 1999 FIT had already made its first million USD revenue. FIT has integrated Turkey’s most important e-commerce platform named “Arena Computer Supplier Portal” with SAP. This was featuted as an international success story by SAP Inside magazine in 2001. FIT Solutions(lately became Foriba)  has a lot of experience from completing many software integration projects. Working with the top 250 companies also gives the company the advantage to have a more extensible, scalable, sustainable and supportable product. These experiences and know-how attained over the years put the company in an advantageous position to achieve end-to-end e-invoicing solutions.  
in 2019 Ahmet Bilgen exited from Foriba.
Foriba did:
 - Series A With Revo Capital
 - Series B With Revo, IFC, Endeavor Catalyst
 - Exit

## Ali Can Kaya
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Marketing, E-Commerce, Peer to Peer

Ali Can Kaya

## Erman Turan
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: CRM, Apps, Mobile

Erman Turan is an investor at Ekmob.

## Sven Kirsimäe
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: FinTech, Finance, Lending

Sven Kirsimäe CTO at Rendin

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