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Rait Ojasaar, Investment Partner at Change Ventures

Rait Ojasaar

Investment Partner @ Change Ventures

Rait Ojasaar is a seed investor at Change Ventures focused on Software and Apps. Rait Ojasaar currently works as a Investment Partner for Change Ventures. He previously worked at Alter Security as an Advisor. Rait Ojasaar attended Estonian Business School.

Total investments:
16
Last investment:
Lead investor:
63%

Last updated:

Industries Rait Ojasaar invests in

SoftwareAppsE-CommerceE-Commerce PlatformsArt

Stages Rait Ojasaar invests in

SeedSeries APre-SeedFunding RoundConvertible Note

Countries Rait Ojasaar invests in

EstoniaGermanyAustraliaSouth AfricaUnited States

Investment Focus

Industry

  • Software 5 (31%)
  • Apps 2 (13%)
  • E-Commerce 2 (13%)
  • E-Commerce Platforms 2 (13%)
  • Art 1 (6%)
See all 41 industries →

Stage

  • Seed 9 (56%)
  • Series A 2 (13%)
  • Pre-Seed 1 (6%)
  • Funding Round 1 (6%)
  • Convertible Note 1 (6%)

Country

  • Estonia 7 (44%)
  • Germany 1 (6%)
  • Australia 1 (6%)
  • South Africa 1 (6%)
  • United States 1 (6%)

Investments

CompanyDescriptionRoundLinks
Modash.io Modash.io
Modash, An influencer marketing platform is providing a end-to-end solution for influencer marketing. We are shifting the influencer market from experimental budget to the 100B dollar performance ad market. To do this, we offer unique tools like audience targeted influencer search and are the only platform to provide conversion rate attribution forinfluencer marketing. We believe in the value creators bring by building their community and telling stories that matter. That's why we are on a mission to help every creator get paid. $12M / Series A / Oct 30, 2024
Inspectle Food Inspectle Food
Inspectle Food is a platform for conducting frequent hygiene inspections in GFSI-certified food manufacturing plants, which aids in the resolution of non-conformities and saves quality team. $431.9K / Pre-Seed / Dec 12, 2023
Formaloo Formaloo
Formaloo is a no-code platform that helps businesses create custom data-driven business applications, automate their processes and engage their audience. Formaloo helps thousands of businesses every day to collect, organize and understand their data. Formaloo helps teams collaborate and go from idea to execution in no time.Formaloo providesdrag-and-drop tools that enable businesses to develop software quickly without coding, as easy as creating a form. Formaloo provides users with database infrastructure and drag-and-drop components to quickly assemble and design powerful applications.Formaloo is built for businesses, not developers or data scientists. It's super simple to use and understand, you don't have to code, and best of all, it requires no data experts to operate it.With Formaloo CDP users can use their own data to analyze their customers, and your business and even predict the future. Formaloo adds an AI-powered data expert to SMBs & SMEs so they can really understand their business and their customers and act on it to boost their Loyalty, LTV and CX. $2.3M / Seed / Jul 05, 2023
Modash.io Modash.io
Modash, An influencer marketing platform is providing a end-to-end solution for influencer marketing. We are shifting the influencer market from experimental budget to the 100B dollar performance ad market. To do this, we offer unique tools like audience targeted influencer search and are the only platform to provide conversion rate attribution forinfluencer marketing. We believe in the value creators bring by building their community and telling stories that matter. That's why we are on a mission to help every creator get paid. $2M / Seed / Nov 23, 2022
Cloud Factory Cloud Factory
CloudFactory.co delivers business process excellence through SAP, MYOB, Microsoft, PowerApps & Korber K.Motion WMS. Cloud Factory is the business solutions Partner. By working together, they can deliver all that is best in the ERP solution that decides to implement through their certified team for SAP Business One, Microsoft Business Central,WIISE, and MYOB Advanced. They are proud to be a long-standing tenured team and value their partnership status for their clients throughout Australia. $2M / Seed / Oct 11, 2022
Cloud Factory Jewelry Cloud Factory Jewelry
Jewelry and precious metal collectibles are entering a new era—one that is sustainable, scalable, and on-demand. Cloud Factory is leading this revolution with 3D-printed silver jewelry and collectible coins, providing enterprise brands and mints with unique design with high-speed, zero-waste and no-inventory solution.We’re trusted by Netflix,Paramount, NBCUniversal and other major global brands, solving a decades-old supply chain problem. $1.9M / Seed / Oct 11, 2022
Planet42 Planet42
Planet42 is democratising mobility by enabling people ignored by banks to get access to a personal vehicle. The company leverages technology to mitigate risk and promote financial inclusion by buying second-hand cars from a network of motor dealers and providing them to customers on a subscription basis, without the need to physically see the caror meet the customer. $6M / Convertible Note / Dec 21, 2021
Planet42 Planet42
Planet42 is democratising mobility by enabling people ignored by banks to get access to a personal vehicle. The company leverages technology to mitigate risk and promote financial inclusion by buying second-hand cars from a network of motor dealers and providing them to customers on a subscription basis, without the need to physically see the caror meet the customer. $6M / Dec 21, 2021
Planet42 Planet42
Planet42 is democratising mobility by enabling people ignored by banks to get access to a personal vehicle. The company leverages technology to mitigate risk and promote financial inclusion by buying second-hand cars from a network of motor dealers and providing them to customers on a subscription basis, without the need to physically see the caror meet the customer. $6M / Seed / Dec 21, 2021
Printify Printify
Printify is the world's most famous print-on-demand platform designed to help anyone with an internet connection unlock the freedom that comes with opening your own online business. And because it’s completely risk free, more than 10 million people have signed up to open their stores! We created Printify so that anyone can create greatproducts, drive sales, and unlock their freedom. Printify has been on a steep growth curve since 2015, and now with more than 700 employees, three offices, and an amazing diverse team spread around Europe, we’re continuing to go from strength to strength. The Financial Times has ranked us as a Best Startup Employer for the last 4 years in a row, and we’re headquartered in Riga with investment backing from Richard Branson, Index Ventures, and some of the best angel investors from Silicon Valley and beyond. $45M / Series A / Dec 01, 2021
See all 16 investments →

Co-Investors

Change Ventures

About Change Ventures

VC Fund · Tallinn, Estonia

Change Ventures is a pre-seed stage venture capital fund backing ambitious founders based in Estonia, Latvia, Lithuania as well as Baltic diaspora entrepreneurs building their businesses elsewhere in the world. Our investments range from €100k to €500k. Our founder-friendly no-nonsense investment process is designed to help founders with big, boldambitions get fast investment decisions. Once we are on board, we help with getting to product-market fit, raising additional funds, and growing the business, leveraging an unparalleled network of follow-on investors and partners.

Change Ventures Contacts

NameEmailPhoneSocials
Janis Krums
Janis Krums Venture Partner
Rait Ojasaar
Rait Ojasaar Investment Partner
Yrjö Ojasaar
Yrjö Ojasaar Founder and Investment Partner
Andris K. Berzins
Andris K. Berzins Managing Partner

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FAQ

What does Rait Ojasaar invest in?

Rait Ojasaar invests primarily in Software, Apps and E-Commerce startups, most often at Seed and Series A stage. Most of the 16 investments tracked by Shizune back companies in Estonia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

When did Rait Ojasaar last invest?

The most recent investment recorded for Rait Ojasaar closed in Oct 2024. Shizune tracks 16 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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