# Indrek Kasela

> Indrek Kasela is a seed investor at Luup Culture backing Software and Information Technology. See 8 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Luup Culture](https://shizune.co/investors/profile/luup-culture-oy)
- Location: Tallinn, Estonia
- Total investments: 8
- Last investment: Sep 2025
- Lead investor: 13%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/indrek-kasela-74a37374

Indrek Kasela is a seed investor at Luup Culture in Tallinn focused on Software and Information Technology. Indrek Kasela - investor @ Luup Culture

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1M–$1.5M |
| Pre-Seed | $1.9M–$2.2M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 2 | 25% |
| Information Technology | 2 | 25% |
| Artificial Intelligence | 2 | 25% |
| B2B | 1 | 13% |
| Banking | 1 | 13% |

20 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 3 | 38% |
| Pre-Seed | 3 | 38% |
| Angel | 2 | 25% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Estonia | 4 | 50% |
| Japan | 1 | 13% |
| United Kingdom | 1 | 13% |

## 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 |  |
| GIG-A | GIG-A is a financial technology company that offers mobile banking services that allow customers to manage their finances. | $1.9M | Pre-Seed | Nov 02, 2022 |  |
| GScan | GScan is leading a radical shift to safe, accurate, and automatic 'x-ray' technology using natural cosmic radiation, called muons. The ability to scan safely any objects and detect their chemical composition will change how 'scanning of anything' happens. GScan's MuonFLUX product is able to see deep into reinforcedconcrete, providing valuable information which helps to: (i) avoid the collapse of at-risk infrastructure (bridges, buildings, etc), (ii) extend significantly infrastructure life cycle (without increasing the risk levels), (iii) drastically reduce the maintenance and renovation budgets by identifying only the critical places for repair, (iv) decarbonise the concrete & cement industry (one of the highest-emitting and hard to decarbonise industries, accounting for ~10% of global CO2 emissions). Year 2023 GScan delivered its first commercial projects and earned the revenue of €1.5M. | $566K | Angel | Nov 26, 2021 |  |
| Bolt | Bolt is a transportation platform providing ride-hailing, micromobility, and food delivery services. It is one of the fastest-growing startups in the world with over 75M happy customers in 45+ countries, from Europe to Latam to Africa. It is building the future of logistics – one platform that connects with cars, motorcycles, scooter sharing, orfood delivery from restaurants.It believes in a future with less car ownership and flexible urban mobility. By bringing reliable on-demand transport to the masses, it helps cities evolve towards decreased traffic congestion and pollution.Bolt was founded in 2013 and is headquartered in Tallinn, Estonia. | $1.5M | Seed | Dec 18, 2014 |  |
| Plumbr | Plumbr makes Java applications faster and more reliable.It builds upon world class algorithms (patent pending) and crowd sourced knowledge base to effectively verify that your Java Java application does not have performance bottlenecks. It understands the architecture of the monitored application and interprets metrics in the context of thatapplication.Should the application have performance threats, Plumbr's unique approach traces the reasons down to source code or environment configuration and creates human readable detailed instructions that help engineers solve the problems fast. Without Plumbr, such problems typically take weeks of engineering effort to understand and fix. | $1M | Seed | Nov 12, 2013 |  |
| Insly | Insly is cloud-based insurance software for insurance brokers and agents to replace papers and spreadsheets. Its goal is to make insurance easy to understand, manage, and buy for both service providers and end users.Insly is a spin-off from IIZI Group – most successful insurance broker group in CEE region starting from 2000. Their core teamconsists of the founders and key employees of IIZI Group, who contributed to revolutionising the insurance business with their innovative and business focused IT solutions.Insly was launched in 2000 in London, United Kingdom. | $1.1M | Seed |  |  |
| ScamGuardian.AI | Providing Actionable Intelligence to Stop Scams |  | Angel |  |  |

8 of 8 investments shown.

## Co-investors
- [FINOLAB](https://shizune.co/investors/profile/finolab) — VC Fund, 1 deal together
- [inclusion japan](https://shizune.co/investors/profile/inclusion-japan) — VC Fund, 1 deal together
- [MIRAISE](https://shizune.co/investors/profile/miraise) — VC Fund, 1 deal together
- [Mobi](https://shizune.co/investors/profile/mobi-solutions) — VC Fund, 1 deal together
- [Pacific Bays Capital](https://shizune.co/investors/profile/pacific-bays-capital) — VC Fund, 1 deal together
- [RubyLight](https://shizune.co/investors/profile/rubylight) — VC Fund, 1 deal together

## About Luup Culture

VC Fund · Helsinki, Finland

With Luup you can create awesome mini music movies in 30 seconds or less. The UK App Store's Best App of the Week.Luup is a fast and beautiful way to share your life’s moments through short movies. The company is backed by some of the Nordics best known investors including Marko Ahtisaari, entrepreneur, designer and former EVP of Design atNokia.

3 contacts available at Luup Culture.

| Name | Title | Profile |
| --- | --- | --- |
| Indrek Kasela | investor | https://shizune.co/investors/profile/indrek-kasela |
| Niko Punin | investor | https://shizune.co/investors/profile/niko-punin |
| Tuomo Tammenpää | CCO | https://shizune.co/investors/profile/tuomo-tammenpaa |

## Similar investors

### Similar industry
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Second Century Ventures](https://shizune.co/investors/profile/second-century-ventures) — VC Fund
- [FJ Labs](https://shizune.co/investors/profile/fj-labs) — VC Fund

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

### Similar country
- [Specialist VC](https://shizune.co/investors/profile/united-angels-vc) — VC Fund
- [Superangel](https://shizune.co/investors/profile/superangel) — VC Fund
- [Tera Ventures](https://shizune.co/investors/profile/tera-ventures) — VC Fund

## Featured in investor lists
- [All Angel Investors in Estonia](https://shizune.co/investors/angel-investors-estonia)
- [Software Angel Investors in Estonia](https://shizune.co/investors/software-angel-investors-estonia)
- [Enterprise Angel Investors in Estonia](https://shizune.co/investors/enterprise-angel-investors-estonia)
- [Construction Investors in Estonia](https://shizune.co/investors/construction-investors-estonia)
- [Construction Angel Investors in Estonia](https://shizune.co/investors/construction-angel-investors-estonia)
- [Proptech Investors in Estonia](https://shizune.co/investors/proptech-investors-estonia)

## FAQ

### What does Indrek Kasela invest in?

Indrek Kasela invests primarily in Software, Information Technology and Artificial Intelligence startups, most often at Seed and Pre-Seed stage. Most of the 8 investments tracked by Shizune back companies in Estonia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Indrek Kasela's check size?

Indrek Kasela typically joins rounds of $1M–$1.5M at Seed and $1.9M–$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 Indrek Kasela participates in.

### When did Indrek Kasela last invest?

The most recent investment recorded for Indrek Kasela closed in Sep 2025. Shizune tracks 8 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.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co