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Nedelcho Spasov, Co-founder at Management Financial Group

Nedelcho Spasov

Co-founder @ Management Financial Group

Nedelcho Spasov is a Co-Founder of Management Financial Group.

Total investments:
4
Last investment:
Lead investor:
0%

Last updated:

Industries Nedelcho Spasov invests in

FarmingFinTechPaymentsSoftwareConsulting

Stages Nedelcho Spasov invests in

Seed

Countries Nedelcho Spasov invests in

BulgariaUnited Kingdom

Round sizes

Seed $1.2M–$3.3M

Round size

Seed
$1.2M–$3.3M

Investment Focus

Industry

  • Farming 1 (25%)
  • FinTech 1 (25%)
  • Payments 1 (25%)
  • Software 1 (25%)
  • Consulting 1 (25%)
See all 10 industries →

Country

  • Bulgaria 1 (25%)
  • United Kingdom 1 (25%)

Investments

CompanyDescriptionRoundLinks
ONDO Smart Farming Solutions 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
ONDO Smart Farming Solutions 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
Payhawk Payhawk
Payhawk is a spending software that simplifies expenses, payments, and card spending for growing businesses. The company's platform enables financial officers and business owners to manage the entire spending lifecycle end-to-end. It collects and analyzes receipts, invoices, and card transactions to help stay in control of the budget with nopaperwork for the employees. With its paperless corporate card linked to an automated expense management, Payhawk provides a product on top of existing banks.Payhawk was founded in 2018 and is headquartered in London, England. $3.3M / Seed / Mar 16, 2020
Payhawk Payhawk
Payhawk is a spending software that simplifies expenses, payments, and card spending for growing businesses. The company's platform enables financial officers and business owners to manage the entire spending lifecycle end-to-end. It collects and analyzes receipts, invoices, and card transactions to help stay in control of the budget with nopaperwork for the employees. With its paperless corporate card linked to an automated expense management, Payhawk provides a product on top of existing banks.Payhawk was founded in 2018 and is headquartered in London, England. $3.3M / Seed / Mar 16, 2020

Co-Investors

Management Financial Group

About Management Financial Group

VC Fund · Sofia, Bulgaria

Management Financial Group (MFG) is a holding company, uniting providers of non-bank financial services in Central and Eastern Europe.

Management Financial Group Contacts

NameEmailPhoneSocials
Antonia Sabeva
Antonia Sabeva Group Chief Executive Officer
Nedelcho Spasov
Nedelcho Spasov Co-founder
Peter Damyanov
Peter Damyanov Group CFO / Member of the Management Board
Tsvetan Krastev
Tsvetan Krastev co-founder of Access Finance & Member of Management Board

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FAQ

What does Nedelcho Spasov invest in?

Nedelcho Spasov invests primarily in Farming, FinTech and Payments startups, most often at Seed stage. Most of the 4 investments tracked by Shizune back companies in Bulgaria. The Investment Focus section breaks down every industry, stage and country in the portfolio.

What is Nedelcho Spasov's check size?

Nedelcho Spasov typically joins rounds of $1.2M–$3.3M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Nedelcho Spasov participates in.

When did Nedelcho Spasov last invest?

The most recent investment recorded for Nedelcho Spasov closed in May 2021. Shizune tracks 4 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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