# Tesonet

> Tesonet is a VC fund in Vilnius backing Software and Computer. See 24 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Vilnius, Lithuania
- Total investments: 24
- Last investment: May 2026
- Lead investor: 25%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/tesonet/
- Website: https://tesonet.com
- Facebook: https://www.facebook.com/TesonetHQ/

Tesonet is a VC fund in Vilnius focused on Software and Computer. Tesonet represents a fully developed infrastructure to establish, develop, fund, and scale disruptive tech businesses.

## Contacts

5 contacts available for Tesonet. Shizune tracks 4 team members at Tesonet. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/tesonet?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $186k–$2.3M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 4 | 17% |
| Computer | 2 | 8% |
| E-Commerce | 2 | 8% |
| SaaS | 1 | 4% |
| Retail | 1 | 4% |

34 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 6 | 25% |
| Funding Round | 6 | 25% |
| Private Equity | 1 | 4% |
| Secondary Market | 1 | 4% |
| Post-IPO Secondary | 1 | 4% |

6 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Lithuania | 8 | 33% |
| United States | 2 | 8% |
| Latvia | 1 | 4% |
| United Kingdom | 1 | 4% |
| The Netherlands | 1 | 4% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Eimantas Sabaliauskas | Co-Founder & CBDO | 4 | https://shizune.co/investors/profile/eimantas-sabaliauskas-e4a5 |
| Emanuelis Norbutas | CTO | 0 | https://shizune.co/investors/profile/emanuelis-norbutas |
| Jonas Karklys | Co-Founder | 0 | https://shizune.co/investors/profile/jonas-karklys |
| Tomas Okmanas | Co-founder | 2 | https://shizune.co/investors/profile/tom-okman |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Frame Security | Frame Security is an AI‑driven cybersecurity company focused on human‑risk management and security‑awareness training. It helps organizations defend against AI‑powered social‑engineering attacks, phishing, and deepfakes by turning employees into an active line of defense rather than a passive vulnerability. | $50M | Venture - Series Unknown | May 11, 2026 |  |
| BirdyChat | BirdyChat is a Developer of a work chat application intended for work professionals. | $2M | Seed | May 05, 2026 |  |
| Finbee | FinBee is an online platform that specializes in professional P2P lending services. It focuses on borrowers getting low interest rates as well as lenders safely and easily getting high interest rates.FinBee was created using the software of Madiston P2P lending model. The platform handles all financial transactions between investors and borrowersthrough its Clients’ Management Account in a Baltic States-based bank.FinBee was launched in 2015 by Laimonas Noreika. | $5.8M | Venture - Series Unknown | Mar 04, 2026 |  |
| Artea Bank | Artea Bank is a commercial financial institution that offers e-banking, foreign exchange, factoring, and leasing services, as well as other banking services. It primarily focuses on contributing to the financial well-being of every resident and business in the country. |  | Post-IPO Secondary | Nov 13, 2025 |  |
| FPRO | FPRO is a football training program for kids that consists of a an app designed by UEFA-licensed coaches as well as a physical mat. It helps kids improve base football skills including ball control, reaction speed, dribbling and more. All of it is designed to be modern, fun and can be done in short daily sessions at home. To complete the trainingexperience, you can also get FPRO-branded equipment like grip socks and a specially designed football ball. The full set is aimed to be engaging, structured and to create a realistic home training setup to help kids improve their game. | $2.3M | Seed | Jun 03, 2025 |  |
| FPRO | FPRO is a football training program for kids that consists of a an app designed by UEFA-licensed coaches as well as a physical mat. It helps kids improve base football skills including ball control, reaction speed, dribbling and more. All of it is designed to be modern, fun and can be done in short daily sessions at home. To complete the trainingexperience, you can also get FPRO-branded equipment like grip socks and a specially designed football ball. The full set is aimed to be engaging, structured and to create a realistic home training setup to help kids improve their game. | $2.3M | Seed | Jun 03, 2025 |  |
| Mishkay | Mishkay cultivates gourmet and medical mushrooms such as Shiitake, Lion's mane, Eringi, and others - delectable and, more significantly, often therapeutic mushrooms. |  | Venture - Series Unknown | Jul 10, 2023 |  |
| Nord Security | Nord Security operates as an internet privacy and security provider for individuals and businesses. Its product portfolio includes its NordVPN offering and its Surfshark consumer line of solutions. | $100M | Private Equity | Apr 06, 2022 |  |
| Siauliu Bankas | Šiaulių Bankas Group engaged in leasing, life insurance and real estate areas. |  | Secondary Market | Dec 22, 2021 |  |
| Siauliu Bankas | Šiaulių Bankas Group engaged in leasing, life insurance and real estate areas. |  | Post-IPO Secondary | Dec 22, 2021 |  |

10 of 24 investments shown.

## Co-investors
- [Open Circle Capital](https://shizune.co/investors/profile/open-circle-capital) — VC Fund, 4 deals together
- [Girteka Logistics](https://shizune.co/investors/profile/girteka-logistics) — VC Fund, 3 deals together
- [Invalda INVL](https://shizune.co/investors/profile/invalda-invl) — VC Fund, 3 deals together
- [70Ventures](https://shizune.co/investors/profile/70ventures) — VC Fund, 1 deal together
- [Aerion Partners](https://shizune.co/investors/profile/aerion-partners) — VC Fund, 1 deal together
- [Audrey Capital](https://shizune.co/investors/profile/audrey-capital) — VC Fund, 1 deal together

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## FAQ

### What does Tesonet invest in?

Tesonet invests primarily in Software, Computer and E-Commerce startups, most often at Seed and Funding Round stage. Most of the 24 investments tracked by Shizune back companies in Lithuania. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Tesonet's check size?

Tesonet typically joins rounds of $186k–$2.3M 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 Tesonet participates in.

### How do I contact Tesonet?

Public channels for Tesonet include LinkedIn, the website linked on this profile and Facebook. 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.

### Who are the partners at Tesonet?

The team at Tesonet includes Eimantas Sabaliauskas (Co-Founder & CBDO), Emanuelis Norbutas (CTO) and Jonas Karklys (Co-Founder). The Team section lists each member with their title, investment count and links.

### 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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