# Alvar Lumberg

> Alvar Lumberg is a seed investor at Lightyear backing Software and Information Technology. See 12 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Lightyear](https://shizune.co/investors/profile/lightyear-2669)
- Total investments: 12
- Last investment: Sep 2025
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/alvarlumberg/

Alvar Lumberg is a seed investor at Lightyear focused on Software and Information Technology. Alvar Lumberg

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $545k–$2.4M |
| Pre-Seed | $321k–$2.2M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 4 | 33% |
| Information Technology | 4 | 33% |
| FinTech | 2 | 17% |
| E-Commerce | 2 | 17% |
| Artificial Intelligence | 2 | 17% |

19 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 7 | 58% |
| Pre-Seed | 4 | 33% |
| Angel | 1 | 8% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| ScamGuardian.AI | Providing Actionable Intelligence to Stop Scams |  | Pre-Seed | Sep 29, 2025 |  |
| Supersimple | Supersimple helps B2B SaaS teams make better decisions using data. | $2.2M | Pre-Seed | Apr 02, 2024 |  |
| Esgrid | Esgrid provides value-chain sustainability management solutions to medium-sized businesses and financial institutions. | $543.2K | Pre-Seed | Jan 26, 2024 |  |
| Bilance | Bilance is a fintech app that is connected to all your banks and other finance platforms. The app gives an overview of all your finances. Tracks your upcoming payments and gives you actionable data insights on what to do better. All that without you having to spend time inputting your transactions. | $320.9K | Pre-Seed | Nov 10, 2023 |  |
| Grünfin | Grünfin is a sustainable investing platform for people who care about their impact. | $2.2M | Seed | Jan 17, 2023 |  |
| Yaga | Yaga is designed for everyone who wants to sell items online in a convenient and secure manner. | $2.4M | Seed | Nov 10, 2022 |  |
| Yaga | Yaga is an e-commerce site that provides t-shirts, clothing, books, magazines, and accessories for men, and women. | $2.2M | Seed | Nov 10, 2022 |  |
| Yera | Yera is to boost team engagement in routine work with custom rewards and unique experiences. | $587K | Seed | Jul 20, 2022 |  |
| Yera | The AI-Powered Coach of Your Sales and Support Team.Convert the interactions between your people and clients, plus your internal knowledge, into valuable insights and coaching to help your team members develop their best selves.Besides saving you big time on onboarding and developing people, and guaranteeing quality, each individual gets dailyinsights and coaching in topics like:1. Tone, empathy, clarity, persuasion, and resolution. 2. Internal knowledge, value proposition, policies, scripts, and brand voice. 3. Productivity. | $544.7K | Seed | Jul 20, 2022 |  |
| Parcelsea | Parcelsea is a technology firm that provides e-commerce users and last-mile delivery service providers with an open network platform. The goal is to create a smart mailbox that is user-friendly and secure for everyone. | $1.1M | Seed | Apr 29, 2021 |  |

10 of 12 investments shown.

## Co-investors
- [Specialist VC](https://shizune.co/investors/profile/united-angels-vc) — VC Fund, 7 deals together
- [Lemonade Stand](https://shizune.co/investors/profile/lemonade-stand-19b2) — VC Fund, 3 deals together
- [Startup Wise Guys](https://shizune.co/investors/profile/startup-wise-guys) — VC Fund, 3 deals together
- [RubyLight](https://shizune.co/investors/profile/rubylight) — VC Fund, 2 deals together
- [Superangel](https://shizune.co/investors/profile/superangel) — VC Fund, 2 deals together
- [Tiny VC](https://shizune.co/investors/profile/tiny-super-computer-investment-company) — VC Fund, 2 deals together

## About Lightyear

VC Fund · London, United Kingdom

Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers and fees.

4 contacts available at Lightyear.

| Name | Title | Profile |
| --- | --- | --- |
| Martin Sokk | Co-Founder & CEO | https://shizune.co/investors/profile/martin-sokk |
| Wander Rutgers | COO | https://shizune.co/investors/profile/wander-rutgers |
| Alvar Lumberg | Engineering Lead | https://shizune.co/investors/profile/alvar-lumberg |
| Mihkel Aamer | Co-Founder,CTO | https://shizune.co/investors/profile/mihkel-aamer |

## Similar investors

### Similar industry
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### Similar stage
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### Similar country
- [Specialist VC](https://shizune.co/investors/profile/united-angels-vc) — VC Fund
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## FAQ

### What does Alvar Lumberg invest in?

Alvar Lumberg invests primarily in Software, Information Technology and FinTech startups, most often at Seed and Pre-Seed stage. Most of the 12 investments tracked by Shizune back companies in Estonia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Alvar Lumberg's check size?

Alvar Lumberg typically joins rounds of $545k–$2.4M at Seed and $321k–$2.2M at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Alvar Lumberg participates in.

### When did Alvar Lumberg last invest?

The most recent investment recorded for Alvar Lumberg closed in Sep 2025. Shizune tracks 12 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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