# Eleven Ventures

> Eleven Ventures is a VC fund in Sofia backing Software and SaaS. See 149 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Sofia, Bulgaria
- Total investments: 149
- Last investment: Apr 2026
- Lead investor: 39%
- Fund size: $68M
- Last fund: Jan 2022
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/eleven-ventures-11/
- X (Twitter): https://twitter.com/elevenbg
- Website: http://11.me/
- Facebook: https://www.facebook.com/elevenbg

Eleven Ventures is a VC fund in Sofia focused on Software and SaaS. Eleven Ventures is one of the leading early-stage VCs in Southeast Europe, investing in startups since 2012. With 150 collective investments over 10 years, Eleven’s team has been instrumental in catalyzing the regional startup ecosystem. Eleven supports tech companies in four priority verticals - Fintech, Healthcare, Future of Work and Future ofFood.

## Contacts

5 contacts available for Eleven Ventures. Shizune tracks 10 team members at Eleven Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/eleven?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $27k–$2.7M |
| Pre-Seed | $219k–$1.1M |
| Convertible Note | $27k–$121k |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 29 | 19% |
| SaaS | 12 | 8% |
| Information Technology | 11 | 7% |
| E-Commerce | 10 | 7% |
| Health Care | 10 | 7% |

163 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 88 | 59% |
| Convertible Note | 17 | 11% |
| Pre-Seed | 12 | 8% |
| Funding Round | 2 | 1% |
| Venture - Series Unknown | 2 | 1% |

9 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Bulgaria | 56 | 38% |
| United States | 13 | 9% |
| United Kingdom | 9 | 6% |
| Greece | 4 | 3% |
| The Netherlands | 4 | 3% |

16 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Daniel Tomov | Founding Partner | 14 | https://shizune.co/investors/profile/daniel-tomov |
| Hristo Hristov | Venture partner | 10 | https://shizune.co/investors/profile/hristo-hristov-2 |
| Ivaylo Simov | Founder | 13 | https://shizune.co/investors/profile/ivaylo-simov |
| Martin Ouzounov | COO | 0 | https://shizune.co/investors/profile/martin-ouzounov |
| Nikola Yanev | Marketing Director | 0 | https://shizune.co/investors/profile/nikola-yanev |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| nFuse.ai | nFuse.ai is an AI‑powered B2B sales platform focused on fast‑moving consumer goods (FMCG), positioning itself as an “ordering and communication layer” between brands and their distribution networks. | $2M | Seed | Apr 07, 2026 |  |
| Flataway.ai | FlatAway is an online booking platform for hotels, vacation rentals, and apartments. | $800K | Pre-Seed | Oct 21, 2025 |  |
| Blue Longevity | Blue Longevity is a supplier of longevity medicine that offers evidence-based, individualized, and integrated approaches to improve longevity and encourage good aging. It uses digital coaching in conjunction with state-of-the-art diagnostics, lifestyle medicine, and regenerative therapies to develop customized workout, stress-reduction, and dietplans. | $2.3M | Seed | Jul 22, 2025 |  |
| Bitloops | Bitloops is an AI-powered application development platform that enables organizations to develop, maintain, and operate complex web applications with ease. It helps you easily modify system designs, deploy applications to production, and manage changes, new features, and products. The platform enables teams to innovate quickly and grow the productor business without compromising the product's usability, extendability, or maintainability. Bitloops makes it simpler than ever to create high-quality software utilizing best practices and techniques like DDD, BDD, TDD, hexagonal architecture, clean architecture, ports and adapters, CQRS, and event sourcing suitable for extending legacy systems as well as new initiatives. | $1.1M | Pre-Seed | Jun 18, 2025 |  |
| Outfindo | Outfindo is an all-in-one AI-driven solution designed to enhance the online shopping experience for e-commerce businesses. Our intelligent platform seamlessly combines guided selling, enhanced product data, and localisation of a products across the stores. At the core of our solution is an AI-powered Product Selection Guide that engages customersthrough intuitive, conversational interactions, assisting them in finding the ideal products with ease. By introducing user-centric, insightful dialogues, we see customers gaining more engagement and trust, which leads to higher conversions for our clients. Outfindo handles every aspect of product data—enrichment, structuring, and seamless integration—so our clients can focus on delivering outstanding customer experiences. By simplifying product discovery and enhancing engagement, we drive trust, satisfaction, and ultimately, higher sales. | $1.3M | Seed | Jan 20, 2025 |  |
| LAM'ON | LAM'ON OOD was created with the intention of creating a product that would be recyclable or compostable, improve environmental and human health safety, and readily replace the existing petroleum-based plastic solutions. | $525.9K |  | Dec 16, 2024 |  |
| Cloud Office | Cloud Office Ltd specializes in providing solutions that leverage Google Cloud and Workspace to enhance business operations. The company offers services aimed at improving commercial terms for Google Cloud and Workspace, planning and executing strategies for Google technology adoption, and hosting specialized training sessions. With a focus on ITservices and consulting, Cloud Office Ltd caters to a diverse clientele, aiming to optimize their use of cloud technologies for better efficiency and innovation. The company also engages in events and expert sessions to keep businesses informed about the latest in Google's AI and cloud offerings, demonstrating a commitment to empowering businesses through technology. | $2.1M | Venture - Series Unknown | Nov 19, 2024 |  |
| Vivian Lab | Vivian Lab is a women's digital health startup. It integrates menopause education, telehealth, personalized treatment regimens, community support, and AI assistants. | $333.4K | Pre-Seed | Sep 18, 2024 |  |
| Magfi | A search engine that analyzes communities into WhatsApp, Telegram, and Discord with AI, ML, and NLP and places ads with micro-targeting. | $1.1M | Seed | Sep 03, 2024 |  |
| Moveo.AI | Moveo.AI is a conversational AI platform that enhances customer support through automation and self-learning capabilities. It serves sales teams by streamlining routine tasks and optimizing communication across various industries. | $2.6M | Seed | Aug 27, 2024 |  |

10 of 149 investments shown.

## Co-investors
- [MFG Invest](https://shizune.co/investors/profile/mfg-invest) — VC Fund, 12 deals together
- [LAUNCHub Ventures](https://shizune.co/investors/profile/launchub) — VC Fund, 6 deals together
- [Sofia Angels Ventures](https://shizune.co/investors/profile/sofia-angels-ventures) — VC Fund, 5 deals together
- [BrightCap Ventures](https://shizune.co/investors/profile/brightcap-ventures) — VC Fund, 4 deals together
- [Fil Rouge Capital (FRC)](https://shizune.co/investors/profile/fil-rouge-capital-frc) — VC Fund, 4 deals together
- [New Vision 3](https://shizune.co/investors/profile/new-vision-3) — VC Fund, 4 deals together

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## Featured in investor lists
- [All Investors in Bulgaria](https://shizune.co/investors/investors-bulgaria)
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## FAQ

### What does Eleven Ventures invest in?

Eleven Ventures invests primarily in Software, SaaS and Information Technology startups, most often at Seed and Convertible Note stage. Most of the 149 investments tracked by Shizune back companies in Bulgaria. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Eleven Ventures's check size?

Eleven Ventures typically joins rounds of $27k–$2.7M at Seed, $219k–$1.1M at Pre-Seed and $27k–$121k at Convertible Note. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Eleven Ventures participates in.

### How do I contact Eleven Ventures?

Public channels for Eleven Ventures include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at Eleven Ventures?

The team at Eleven Ventures includes Daniel Tomov (Founding Partner), Hristo Hristov (Venture partner) and Ivaylo Simov (Founder), among 10 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.

### 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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