# FStage

> FStage is a VC fund in Tallinn backing Software. See 1 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Tallinn, Estonia
- Total investments: 1
- Last investment: Nov 2022
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/fstage-vc/
- Website: https://fstage.vc/
- Facebook: https://www.facebook.com/Fstagevc-107624148726336

FStage is a VC fund in Tallinn focused on Software. VC firm investing in startups mainly from the Nordics and Baltics. Our unique validation, investment, and mentoring process lets us unlock the potential of both the startups and our investors. We invest early, based on what founders deliver, not what they promise. Ethics, morale and ESG impact are non-negotiable.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Run Property | Real estate sales and management software | $395.1K | Pre-Seed | Nov 01, 2022 |  |

1 of 1 investments shown.

## Co-investors
- [Krokodilli Kapital](https://shizune.co/investors/profile/krokodilli-kapital) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund
- [Everywhere Ventures](https://shizune.co/investors/profile/everywhere-ventures) — VC Fund

## FAQ

### What does FStage invest in?

FStage invests primarily in Software startups, most often at Pre-Seed stage. Most of the 1 investments tracked by Shizune back companies in Estonia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did FStage last invest?

The most recent investment recorded for FStage closed in Nov 2022. Shizune tracks 1 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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