# Ivaylo Simov

> Ivaylo Simov is a seed investor at Eleven Ventures (Sofia) backing Coffee and Big Data. See 13 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Eleven Ventures](https://shizune.co/investors/profile/eleven)
- Location: Sofia, Bulgaria
- Total investments: 13
- Last investment: Apr 2026
- Lead investor: 69%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/ivaylo-simov-3785801/
- X (Twitter): https://twitter.com/IISimov
- Facebook: https://www.facebook.com/IISimov

Ivaylo Simov is a seed investor at Eleven Ventures in Sofia focused on Coffee and Big Data. Ivaylo Simov devised eleven’s strategy. His notorious shyness can be overcome only with ample amounts of beer, preferably while skiing. He was previously a director in a private equity fund, but now wants to change the VC industry from the bottom up.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $27k–$2.3M |
| Pre-Seed | $538k–$800k |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Coffee | 2 | 15% |
| Big Data | 2 | 15% |
| Agriculture | 2 | 15% |
| Internet of Things | 2 | 15% |
| B2B | 1 | 8% |

33 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 9 | 69% |
| Pre-Seed | 2 | 15% |
| Funding Round | 1 | 8% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Bulgaria | 7 | 54% |
| Greece | 1 | 8% |
| Estonia | 1 | 8% |
| Slovenia | 1 | 8% |
| Czech Republic | 1 | 8% |

6 countries tracked in total.

## 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 |  |
| 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 |  |
| Cognitiwe | AI Computer Vision Company | $1.1M | Seed | Feb 01, 2024 |  |
| Cupffee | Cupffee creates and sells edible coffee cups and stirrers, manufacturing procedure produces no industrial waste, only clean steam and the delicious aroma of freshly baked cookies. Moreover, all leftover materials from the production of cups are utilized as ingredients for other edible products. | $538.5K | Pre-Seed | May 23, 2023 |  |
| BibeCoffee | BibeCoffee is an IoT real-time monitoring solution that transforms every professional coffee machine to a smart connected terminal minimizing revenue Loss and safeguarding brand quality image | $2.3M | Seed | Jan 25, 2023 |  |
| Almacena Platform | Almacena Platform is a B2B Marketplace for agricultural products that creates traceability and transparency, shortens the supply chain, and bring more value and bargaining power to the origin exporters and end-market buyers. | $3.4M | Seed | Oct 12, 2022 |  |
| ONDO Smart Farming Solutions | ONDO is an all-in-one automated system for precise irrigation, fertigation, and climate control for various crops. ONDO helps farmers reduce the time and effort needed to control the irrigation and nutrition processes, thus decreasing the usage of water, energy, and other precious resources. It enables the automation of routine processes, thusminimizing human labor and errors. | $1.2M | Seed | May 31, 2021 |  |
| Bee Smart Technologies | Bee Smart Technologies (BST) is a hi-tech company bringing breakthrough innovation to the global beekeeping industry. The value proposition of BST is simple – increase overall honeybee health and decrease operating costs for beekeepers through smart integration of sensor technology and bio-based algorithms. Our technology delivers unprecedentedremote diagnostic capabilities and moves the entire industry into the digital age. | $159K | Seed | Nov 27, 2018 |  |

10 of 13 investments shown.

## Co-investors
- [MFG Invest](https://shizune.co/investors/profile/mfg-invest) — VC Fund, 2 deals together
- [VentureFriends](https://shizune.co/investors/profile/venturefriends) — VC Fund, 2 deals together
- [Acequia Capital (AceCap)](https://shizune.co/investors/profile/acequia-capital) — VC Fund, 1 deal together
- [Angel Invest](https://shizune.co/investors/profile/angel-invest-ventures) — VC Fund, 1 deal together
- [Borovicka Capital](https://shizune.co/investors/profile/borovicka-capital) — VC Fund, 1 deal together
- [BrightCap Ventures](https://shizune.co/investors/profile/brightcap-ventures) — VC Fund, 1 deal together

## About Eleven Ventures

VC Fund · Sofia, Bulgaria

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.

5 contacts available at Eleven Ventures.

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

## Similar investors

### Similar industry
- [BITKRAFT Ventures](https://shizune.co/investors/profile/bitkraft-ventures) — VC Fund
- [Sam Enrico Williams](https://shizune.co/investors/profile/sam-enrico-williams-d11c) — Angel Investor
- [Courtside Ventures](https://shizune.co/investors/profile/courtside-ventures) — 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
- [Eleven Ventures](https://shizune.co/investors/profile/eleven) — VC Fund
- [LAUNCHub Ventures](https://shizune.co/investors/profile/launchub) — VC Fund
- [New Vision 3](https://shizune.co/investors/profile/new-vision-3) — VC Fund

## Featured in investor lists
- [All Investors in Bulgaria](https://shizune.co/investors/investors-bulgaria)
- [All Angel Investors in Bulgaria](https://shizune.co/investors/angel-investors-bulgaria)
- [eSports Angel Investors](https://shizune.co/investors/esports-angel-investors)
- [Sports Investors in Bulgaria](https://shizune.co/investors/sports-investors-bulgaria)
- [Sports Angel Investors in Bulgaria](https://shizune.co/investors/sports-angel-investors-bulgaria)
- [eSports Angel Investors in Europe](https://shizune.co/investors/esports-angel-investors-europe)

## FAQ

### What does Ivaylo Simov invest in?

Ivaylo Simov invests primarily in Coffee, Big Data and Agriculture startups, most often at Seed and Pre-Seed stage. Most of the 13 investments tracked by Shizune back companies in Bulgaria. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Ivaylo Simov's check size?

Ivaylo Simov typically joins rounds of $27k–$2.3M at Seed and $538k–$800k 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 Ivaylo Simov participates in.

### When did Ivaylo Simov last invest?

The most recent investment recorded for Ivaylo Simov closed in Apr 2026. Shizune tracks 13 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