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Svetozar Georgiev, SVP at Progress

Svetozar Georgiev

SVP @ Progress

Sofia, Bulgaria

Svetozar Georgiev is a seed investor at Progress in Sofia focused on Software and SaaS. Svetozar Georgiev is the Chairman of the Board at BESCO. He attended American University in Bulgaria, Truman State University, and Technology School Electronic Systems (TUES), both associated with Technical University-Sofia.

Total investments:
18
Last investment:
Lead investor:
28%

Last updated:

Industries Svetozar Georgiev invests in

SoftwareSaaSFinTechMobile AppsCloud Computing

Stages Svetozar Georgiev invests in

SeedPre-SeedAngelFunding RoundVenture - Series Unknown

Countries Svetozar Georgiev invests in

United KingdomBulgariaGreeceTurkeyUnited States

Round sizes

Seed $112k–$3.3MAngel $174k–$204kPre-Seed $138k–$1.1M

Contacts

TypeContactValidation
Work email
Personal email
Work phone
Personal phone
Socials

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Round size

Seed
$112k–$3.3M
Angel
$174k–$204k
Pre-Seed
$138k–$1.1M

Investment Focus

Industry

  • Software 4 (22%)
  • SaaS 3 (17%)
  • FinTech 2 (11%)
  • Mobile Apps 2 (11%)
  • Cloud Computing 2 (11%)
See all 31 industries →

Stage

  • Seed 6 (33%)
  • Pre-Seed 4 (22%)
  • Angel 2 (11%)
  • Funding Round 1 (6%)
  • Venture - Series Unknown 1 (6%)

Country

  • United Kingdom 4 (22%)
  • Bulgaria 3 (17%)
  • Greece 1 (6%)
  • Turkey 1 (6%)
  • United States 1 (6%)

Investments

CompanyDescriptionRoundLinks
Bitloops Bitloops
Bitloops is an AI-powered application development platform that enables organizations to develop, maintain, and operate complex web applications with ease. It helps you easily modify system designs, deploy applications to production, and manage changes, new features, and products. The platform enables teams to innovate quickly and grow the productor business without compromising the product's usability, extendability, or maintainability. Bitloops makes it simpler than ever to create high-quality software utilizing best practices and techniques like DDD, BDD, TDD, hexagonal architecture, clean architecture, ports and adapters, CQRS, and event sourcing suitable for extending legacy systems as well as new initiatives. $1.1M / Pre-Seed / Jun 18, 2025
Cloud Office Cloud Office
Cloud Office Ltd specializes in providing solutions that leverage Google Cloud and Workspace to enhance business operations. The company offers services aimed at improving commercial terms for Google Cloud and Workspace, planning and executing strategies for Google technology adoption, and hosting specialized training sessions. With a focus on ITservices and consulting, Cloud Office Ltd caters to a diverse clientele, aiming to optimize their use of cloud technologies for better efficiency and innovation. The company also engages in events and expert sessions to keep businesses informed about the latest in Google's AI and cloud offerings, demonstrating a commitment to empowering businesses through technology. $2.1M / Venture - Series Unknown / Nov 19, 2024
Magfi Magfi
A search engine that analyzes communities into WhatsApp, Telegram, and Discord with AI, ML, and NLP and places ads with micro-targeting. $1.1M / Seed / Sep 03, 2024
Moveo.AI Moveo.AI
Moveo.AI is a conversational AI platform that enhances customer support through automation and self-learning capabilities. It serves sales teams by streamlining routine tasks and optimizing communication across various industries. $2.6M / Seed / Aug 27, 2024
Icanpreneur Icanpreneur
icanpreneur is a global digital accelerator SaaS platform that guides tech entrepreneurs through investment to product and market fit. icanpreneur was founded in 2021 and was headquartered in Grad Sofiya, Bulgaria. $900.8K / Pre-Seed / Nov 16, 2023
Eilla AI Eilla AI
Eilla AI is an AI platform built to support deal workflows. It provides data anonymization, financial workflow, and dada infusion. $1.5M / Seed / Nov 09, 2023
Icanpreneur Icanpreneur
icanpreneur is a global digital accelerator SaaS platform that guides tech entrepreneurs through investment to product and market fit. icanpreneur was founded in 2021 and was headquartered in Grad Sofiya, Bulgaria. $204.4K / Angel / Jul 21, 2022
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. $531K / Pre-Seed / Feb 20, 2019
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. $567.3K / Seed / Feb 20, 2019
See all 18 investments →

Co-Investors

Progress

About Progress

VC Fund · Bedford, United States

Progress (formerly Progress Software) is a global software company that simplifies the development, deployment and management of business applications on-premise or in the cloud, on any platform or device, to any data source, with enhanced performance, minimal IT complexity and low total cost of ownership.

Progress Contacts

NameEmailPhoneSocials
Anton Hristov
Anton Hristov Director Product Marketing
George Westwater
George Westwater Director of Software Engineering
Jon Cowie
Jon Cowie Senior Manager, Customer Architecture
Joseph Alsop
Joseph Alsop Co-founder

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FAQ

What does Svetozar Georgiev invest in?

Svetozar Georgiev invests primarily in Software, SaaS and FinTech startups, most often at Seed and Pre-Seed stage. Most of the 18 investments tracked by Shizune back companies in United Kingdom. The Investment Focus section breaks down every industry, stage and country in the portfolio.

What is Svetozar Georgiev's check size?

Svetozar Georgiev typically joins rounds of $112k–$3.3M at Seed, $174k–$204k at Angel and $138k–$1.1M 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 Svetozar Georgiev participates in.

How do I contact Svetozar Georgiev?

Public channels for Svetozar Georgiev include LinkedIn. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

When did Svetozar Georgiev last invest?

The most recent investment recorded for Svetozar Georgiev closed in Jun 2025. Shizune tracks 18 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 Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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