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Top 30 Recruiting VC Funds & Investors in Estonia (August 2026)

The most active venture capital funds investing in Estonia Recruiting startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Estonia Recruiting startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Tera Ventures
VC Fund
4 Estonia, United States, United Kingdom Seed, Series A, Pre-Seed Software, Artificial Intelligence, E-Commerce $120k–$13M
Change Ventures
VC Fund
4 Estonia, Latvia, Lithuania Seed, Pre-Seed, Series A Software, Information Technology, Apps $273k–$39M
Karma Ventures
VC Fund
3 Estonia, United States, Finland Series A, Seed, Series B Software, Artificial Intelligence, Information Technology $549k–$30M
Union Square Ventures
VC Fund
3 United States, United Kingdom, Canada Series A, Series B, Seed Software, Financial Services, FinTech $2M–$45M
Airtree Ventures
VC Fund
2 Australia, United States, Singapore Seed, Series A, Series B Software, SaaS, Information Technology $800k–$60M
BootstrapLabs
VC Fund
2 United States, Estonia, Malaysia Seed, Series A, Pre-Seed Artificial Intelligence, Software, Machine Learning $1M–$20M
Inventure
VC Fund
2 Finland, Sweden, United States Seed, Series A, Series B Software, Information Technology, Health Care $549k–$25M
Hummingbird Ventures
VC Fund
2 United States, Turkey, United Kingdom Series A, Seed, Series B Software, Financial Services, FinTech $1.1M–$60M
Black Pearls VC
VC Fund
2 Poland, United States, United Kingdom Seed, Pre-Seed, Convertible Note Software, Artificial Intelligence, FinTech $165k–$3.3M
Devotion Ventures
VC Fund
1 Estonia Series A Education, Recruiting, Professional Services
MI Ventures
VC Fund
1 United States, Estonia Seed, Series A, Series B Mobile, Software, SaaS $600k–$18M
Mistletoe
VC Fund
1 Japan, United States, India Seed, Series A Information Technology, Software, Education $729k–$57M
Swiss Post Ventures
VC Fund
1 Switzerland, Germany, France Series A, Seed, Series B Software, Information Technology, E-Commerce $1.1M–$45M
EchoVC Partners
VC Fund
1 United States, Nigeria, Kenya Seed, Pre-Seed, Series A FinTech, Information Technology, Financial Services $200k–$22M
StartupIst VC
VC Fund
1 United States, Turkey, United Kingdom Seed, Pre-Seed Software, B2B, Artificial Intelligence $200k–$11M
LHV Group
VC Fund
1 Estonia, United Kingdom, United States Debt Financing, Series A, Series B FinTech, Financial Services, SaaS $1.1M–$237M
Off the Grid Ventures
VC Fund
1 United States, Canada, France Seed, Series A, Angel Financial Services, FinTech, Banking $325k–$34M
Streamlined
VC Fund
1 United States, Mexico, Colombia Seed, Series A Software, Artificial Intelligence, Information Technology $1.6M–$24M
Spring Capital
VC Fund
1 Estonia, Finland, United States Seed, Pre-Seed, Series A Software, SaaS, E-Commerce $439k–$9.1M
LocalGlobe
VC Fund
1 United Kingdom, United States, France Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $1M–$30M
Fund Fellow Founders
VC Fund
1 Estonia, United Kingdom Seed Software, Insurance, Recruiting $1.1M–$1.9M
KAYA
VC Fund
1 United States, Czech Republic, Poland Seed, Pre-Seed, Series A Software, Health Care, Internet $132k–$25M
Siena Capital
VC Fund
1 Estonia, Latvia Seed, Pre-Seed, Convertible Note Financial Services, CAD, Banking $50k–$4.2M
Superangel
VC Fund
1 Estonia, United States, Finland Seed, Pre-Seed, Series A Artificial Intelligence, Software, Information Technology $165k–$20M
3TS Capital Partners
VC Fund
1 United States, Romania, Poland Series A, Seed Software, Internet, SaaS $719k–$12M
Metaplanet
VC Fund
1 United States, United Kingdom, Estonia Seed, Series A, Series B Artificial Intelligence, Software, Health Care $2.5M–$62M
Foreword Fund
VC Fund
1 United Kingdom, United States, Germany Seed, Pre-Seed, Series A Software, FinTech, Financial Services $1.3M–$13M
Quotidian Ventures
VC Fund
1 United States, Canada, Estonia Seed, Series A, Angel Software, Mobile, Finance $500k–$8M
BADideas.fund
VC Fund
1 Estonia, Latvia, Lithuania Seed, Pre-Seed, Grant Software, Information Technology, Artificial Intelligence $110k–$3.6M
Easypress Technologies
VC Fund
1 Estonia Seed Education, Recruiting, Professional Services
Access all 40 VC funds in Estonia Recruiting startups.

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822 industries, 177 countries. Updated daily. Emails and phones included.

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Investor list

Tera Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 4 investments in Estonia Recruiting startups

Tera Ventures is an international investment firm based in Estonia.

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Investment focus

  • Industry: Software, Artificial Intelligence, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Estonia, United States, United Kingdom

Investor stats

  • Total investments: 69
  • Round size: Seed $531k–$3.8M; Pre-Seed $120k–$2.2M; Series A $1.6M–$13M
  • Lead/follow: 51% lead, 49% follow
  • Last fund: May invest from a new fund soon — last raise in 2021

Portfolio highlights

  • BlackWall — Protect your web site from hacking, content theft, crawling, and cloning!
  • Brainbase — Unified Licensing Management Software. Track and visualize brand performance, contracts, and royalties. Manage approvals, track deals, and spot contract violations.
  • Flowstep — Flowstep is a copilot that helps you create better designs, 10x faster. Just type and get user flows, high-fidelity UI, JTBD and more.
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Change Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 4 investments in Estonia Recruiting startups

We are a seed stage venture capital fund based in the Baltic states, backing ambitious Baltic founders anywhere in the world.

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Investment focus

  • Industry: Software, Information Technology, Apps
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, Latvia, Lithuania

Investor stats

  • Total investments: 65
  • Round size: Seed $500k–$4.2M; Pre-Seed $273k–$2.2M; Series A $1M–$39M
  • Lead/follow: 55% lead, 45% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • BirdyChat — A modern work chat app for professionals. Start conversations with anyone using their work email. Collaborate and grow your network.
  • Giraffe360 — Giraffe360 is game-changing subscription product for real estate companies to streamline professional quality photography and high accuracy floor plan creation.
  • Saltz — Premium ingredients for your menu with no hidden delivery fees or markups.
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Karma Ventures
VC Fund · Tallinn, Harjumaa, Estonia · 3 investments in Estonia Recruiting startups

karma.vc is an early stage venture capital fund focusing on seed and early stage technology companies in Europe.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Series A, Seed, Series B
  • Geography: Estonia, United States, Finland

Investor stats

  • Total investments: 52
  • Round size: Seed $549k–$4.4M; Series A $4M–$16M; Series B $3.1M–$30M
  • Lead/follow: 60% lead, 40% follow
  • Last fund: Likely still investing — raised $106M in 2021

Portfolio highlights

  • Infermedica — Clinical AI triage that guides patients to the right care via chat, voice, or call center. Built by clinicians trusted by patients.
  • Leil Storage — ON-PREMISES DISTRIBUTED FILE STORAGE WITH CLOUD-SCALE DENSITY+23% extra FREE capacity and density NOW +23% extra FREE capacity and density NOW +20% lower CO₂ emissions and power costs NOW up to +70% saved energy in the futureFirst distributed filesystem that supports the biggest HDDs on the planet, enabling enterprises with HM-SMR basedstorage.
  • Starship Technologies — The future of delivery - today!
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Union Square Ventures
VC Fund · New York, New York, United States · 3 investments in Estonia Recruiting startups

Union Square Ventures is a venture capital firm based in New York City.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Series A, Series B, Seed
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 466
  • Round size: Seed $2M–$12M; Series A $3.3M–$24M; Series B $6M–$45M
  • Lead/follow: 45% lead, 55% follow
  • Last fund: Likely still investing — raised $200M in 2022

Portfolio highlights

  • Veniam — Transfer 10x more data for your video telematics, fleet operations, industrial IoT or connected vehicles.
  • Tandems — Tandems enhances the way financial advice is delivered by equipping advisors, bankers, and agents with data-driven insights and personalized recommendations. Tandems focuses on improving institutional operations through automation and intelligent decision-support tools that streamline workflows and client engagement. The company’s technology isdesigned to augment human expertise, allowing financial professionals to allocate more time to strategic guidance and relationship building.
  • Gumball — Gumball connects advertisers with podcast hosts to make it happen in a few clicks.
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Airtree Ventures
VC Fund · Paddington, Western Australia, Australia · 2 investments in Estonia Recruiting startups, 16 in the past 12 months

AirTree is a venture capital firm investing in Australian and New Zealand technology founders from seed stage or earlier.

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Series A, Series B
  • Geography: Australia, United States, Singapore

Investor stats

  • Total investments: 206
  • Round size: Seed $800k–$11M; Series A $3.4M–$35M; Series B $4M–$60M
  • Lead/follow: 42% lead, 58% follow
  • Last fund: Likely still investing — raised $288M in 2022

Portfolio highlights

  • Everlab — The preventative health service of the future. Detect disease early, improve wellbeing, and optimise performance.
  • Partly — Auto parts distributors, manufacturers, dismantlers, marketplaces and software providers use Partly's software and API to add fitment and manage parts online.
  • Outlier Space — Outlier Space is an aerospace startup that builds a scalable, uncrewed, and reusable satellite platform designed to unlock access to microgravity. The company provides breakthrough infrastructure to safely return orbital payloads back to Earth. This technology allows sectors like pharmaceuticals, biotechnology, and advanced materials to manufactureand research products beyond Earth's atmospheric limits.
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BootstrapLabs
VC Fund · San Francisco, California, United States · 2 investments in Estonia Recruiting startups

BootstrapLabs is a leading early-stage Venture Capital firm based in San Francisco focused on Applied AI - that was founded by entrepreneurs for entrepreneurs. The firm understands firsthand the needs and challenges of building a startup, and invests early in potentially disruptive Applied AI technology startups with global potential. And isuncovering the future by investing in Applied AI. Key sectors of interest include Transportation, Logistic, Energy, FinTech, Future of Work (FoW), Security, Internet of Things (IoT), HealthTech, and others.

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Investment focus

  • Industry: Artificial Intelligence, Software, Machine Learning
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Estonia, Malaysia

Investor stats

  • Total investments: 68
  • Round size: Seed $1M–$4.5M; Pre-Seed $2M–$2.6M; Series A $5M–$20M
  • Lead/follow: 35% lead, 65% follow
  • Last fund: May invest from a new fund soon — last raise in 2018

Portfolio highlights

  • Pryon — Pryon is an artificial intelligence company focused on enterprise knowledge management. Its natural language processing platform transforms unstructured data into experiences that increase productivity with unmatched accuracy and speed. Pryon’s automated machine learning engines deliver rapid time to value by enriching existing content. Thisno-code approach prevents operational disruption and allows organizations to quickly maximize the business value trapped within their information assets. Pryon was founded by Igor Jablokov, whose previous company defined the state of the art for AI assistants and was acquired by Amazon to form the basis for Alexa.
  • Looq AI — Looq AI is an enterprise software company that offers 3D survey and mapping services using artificial intelligence.
  • Hayden AI — Hayden AI’s mission is to develop cutting-edge artificial intelligence and machine learning technologies that enable the automated enforcement of bus lanes and stops—accelerating public transit, improving street safety, and advancing a more sustainable urban future.
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Inventure
VC Fund · Helsinki, Southern Finland, Finland · 2 investments in Estonia Recruiting startups

Since 2005, Inventure has backed over 90 companies including Wolt, Swappie, Jobbatical, aiMotive, and more.

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Investment focus

  • Industry: Software, Information Technology, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: Finland, Sweden, United States

Investor stats

  • Total investments: 176
  • Round size: Seed $549k–$5.9M; Series A $1.3M–$17M; Series B $1.3M–$25M
  • Lead/follow: 48% lead, 52% follow
  • Last fund: Likely still investing — raised $169M in 2022

Portfolio highlights

  • Leetify — We help gamers identify their weaknesses, work on those weaknesses and track their progression.
  • UpCloud — World's fastest cloud servers with a 100% uptime SLA! Sign up for a free trial today.
  • ONEiO — ONEiO is a cloud-native integration service provider connecting people, processes, and tools – enabling seamless collaboration without traditional integration hassle. Provided as a turn-key solution, as self-service, or something in between. You choose.
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Hummingbird Ventures
VC Fund · Gent, Oost-Vlaanderen, Belgium · 2 investments in Estonia Recruiting startups

Supporting Exceptional entrepreneurs. We value emotional intelligence as much as data, growing internal culture as much as growing revenue, and forming strong, personal bonds with founders. We recognize patterns where other don't.

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Investment focus

  • Industry: Software, Financial Services, FinTech
  • Stage:Series A, Seed, Series B
  • Geography: United States, Turkey, United Kingdom

Investor stats

  • Total investments: 159
  • Round size: Seed $1.1M–$24M; Series A $2M–$35M; Series B $4M–$60M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Hmall.ma — Hmall.ma is the first online mall in Morocco that puts all its efforts to ensure that the objective is taken: The satisfaction of our customers, they can find all desired products at any time and make Many découvertes.Hmall.ma offers a wide range of products from several categories (categories)Of different brands at the best price with homedelivery in the shortest time.
  • MarkaVIP — Markavıp is an exclusive, invitation-only online shopping community focused on the Middle Eastern market. The website specializes in offering flash sales to its customers.Markavıp was founded by Ahmed Alkhatib, who previously spent 12 years in Silicon Valley working in the e-commerce industry. The website enjoys memberships from over 3 millionexclusive members across eight Arabic speaking countries including Jordan, Saudi Arabia, UAE, Qatar, Kuwait, Lebanon, Bahrain, and Oman.
  • projepedia.com — Projepedia.com is a real estate listing website that features commercial and private properties for sale. Through its large database, the website provides its users with access to vacant properties in Turkey, including office spaces, commercial apartments, and other residential units.
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Black Pearls VC
VC Fund · Gdansk, Pomorskie, Poland · 2 investments in Estonia Recruiting startups

Black Pearls VC is a venture capital firm focusing on Life Quality Technologies. We look for the best entrepreneurs in Poland and the Baltic Sea Region.

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Investment focus

  • Industry: Software, Artificial Intelligence, FinTech
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Poland, United States, United Kingdom

Investor stats

  • Total investments: 59
  • Round size: Seed $165k–$3.3M; Pre-Seed $191k–$1.8M
  • Lead/follow: 66% lead, 34% follow
  • Last fund: May invest from a new fund soon — last raise in 2017

Portfolio highlights

  • swotzy. — Swotzy offers a shipping platform to assist e-commerce retailers in streamlining their last-mile operations and reducing operating expenses by always using the best-suited carrier.
  • Sauna by Wordware — A collaborative prompt engineering IDE
  • Certifier — Certifier is the leading software to create, issue, and verify certificates in bulk. An AI-powered platform for managing digital certificates, credentials, and badges.
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Devotion Ventures
VC Fund · Göteborg, Vastra Gotaland, Sweden · 1 investments in Estonia Recruiting startups

Devotion Ventures rapidly builds and scales profitable, high-growth startups by providing strategic investment, experienced operational teams, and proven growth methodologies.

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Investment focus

  • Industry: Education, Recruiting, Professional Services
  • Stage:Series A
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Jobbatical — Jobbatical takes care of the entire relocation process for you. Just sit back and relax.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

Browse database — It's Free!
MI Ventures
VC Fund · New York, New York, United States · 1 investments in Estonia Recruiting startups

MI Ventures is a company which strives to advise and invest in creative, disruptive business ventures. MI Ventures participates in seed and series A rounds of investments to assist early stage companies in proving out their models and ideas that we hope better the world around us.

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Investment focus

  • Industry: Mobile, Software, SaaS
  • Stage:Seed, Series A, Series B
  • Geography: United States, Estonia

Investor stats

  • Total investments: 20
  • Round size: Seed $600k–$1.6M; Series A $3.7M–$18M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Distil Networks — Imperva Advanced Bot Protection leverages advanced algorithms to distinguish between 'good' and 'bad' bots and accurately protects websites, mobile apps, and APIs.
  • PCB:NG — Learn PCB basics and design smarter using free calculators at Calculator Now!
  • Social Rewards — Social Rewards' focus is Entertainment Social Media Marketing including Movie Trailer Marketing, a $4BB Industry via their Social Loyalty platform.Social Rewards won "Best Use of Engagement Technique" at the 2013 Gamification Summit with their client Caesars Entertainment, the largest Casino Resorts Entertainment Company in theworld .
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Mistletoe
VC Fund · Tokyo, Tokyo, Japan · 1 investments in Estonia Recruiting startups

Mistletoe is a hub for startups and the overall entrepreneurial ecosystem. It specifically provides learning opportunities for entrepreneurs, facilitates startup communities, invests in and supports startup companies and venture capitals.

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Investment focus

  • Industry: Information Technology, Software, Education
  • Stage:Seed, Series A
  • Geography: Japan, United States, India

Investor stats

  • Total investments: 98
  • Round size: Seed $729k–$28M; Series A $2.2M–$57M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • ULUU — ULUU is an ocean material that replaces plastic and actively benefits the world.
  • Aquaria — Aquaria provides solutions to secure access to clean water. The organization adapts its approaches based on the needs of these communities. It addresses water-related challenges through various methods.
  • Funderbeam — Funderbeam is a funding and trading platform that connects companies and investors to buy and sell equity stakes. The platform allows the founders to gain exposure, legal support, a funding manager, or an investor network. It also allows the investors to take control of their investments and trade anytime they want.The company was founded in 2013as a global data platform for startup companies.
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Swiss Post Ventures
VC Fund · Bern, Bern, Switzerland · 1 investments in Estonia Recruiting startups

Swiss Post positions its services at the junction between the physical and digital worlds, building on an impressive range of physical products by supplementing them with an increasing number of digital solutions.

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Investment focus

  • Industry: Software, Information Technology, E-Commerce
  • Stage:Series A, Seed, Series B
  • Geography: Switzerland, Germany, France

Investor stats

  • Total investments: 24
  • Round size: Seed $1.1M–$4.6M; Series A $4.5M–$40M; Series B $4.1M–$45M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • eMabler — EMabler is an EV charging infrastructure software company that develops an API-first platform used by businesses to operate, manage, and scale electric vehicle charging networks. It provides a centralized system for charge point management, billing, pricing, roaming, and energy optimization, allowing operators to control large networks of EVchargers from a single platform. The software connects charging hardware with business systems such as CRM, payment, and energy management tools through open APIs and a large library of integrations. The company focuses on enabling enterprises, such as energy utilities, parking operators, and retail businesses, to embed EV charging directly into their existing services and digital platforms rather than building standalone charging systems. This includes white-label solutions where charging is integrated into a company’s own app or customer experience under its brand.
  • getinside — Getinside is a retail media platform for e-merchants. The company delivers advertising experiences by enhancing the parcels of e-merchants who are trusted by their consumers. Getinside was established in 2022.
  • heycare (former heynanny) — Heynannyly enables working professionals to book a babysitter.
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EchoVC Partners
VC Fund · Lagos, Lagos, Nigeria · 1 investments in Estonia Recruiting startups

EchoVC Partners is a seed and early-stage venture capital firm focused on financing and cross-pollinating leading technologies, teams, business models, and knowledge across North America, Africa, and SE Asia. The average investment size ranges from $25,000 to several million dollars depending on the stage of opportunity and capital needs of thebusiness.

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Investment focus

  • Industry: FinTech, Information Technology, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Nigeria, Kenya

Investor stats

  • Total investments: 57
  • Round size: Seed $200k–$4M; Pre-Seed $200k–$2.2M; Series A $1.2M–$22M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: Likely still investing — raised $8M in 2023

Portfolio highlights

  • Printivo — Design & print Business Cards, flyers, mugs and other print products online and we will deliver your doorstep. Get instant quotes.
  • S&T Media — AdPump The Best Digital Platform to advertise your products and services
  • Rana Energy — No. 1 Solar Community in Africa
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StartupIst VC
VC Fund · 1 investments in Estonia Recruiting startups

StartupIst VC is an investment firm.

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Investment focus

  • Industry: Software, B2B, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: United States, Turkey, United Kingdom

Investor stats

  • Total investments: 11
  • Round size: Seed $200k–$11M; Pre-Seed $500k–$1.3M
  • Lead/follow: 9% lead, 91% follow

Portfolio highlights

  • Gengage — Gengage transforms e-commerce with agentic AI. Deploy shopping assistants that understand intent, recommend products, and close sales for enterprise retailers.
  • Enuygun Innovation — Enuygun Innovation A.Ş. is the tehcology hub of the Wingie Enuygun Group, a leading online travel agency in the MENA and EU regions.Our primary focus is on developing advanced AI solutions to offer a seamless travel experience for over 50 million travelers.
  • LIVZYM Biotechnology — LIVZYM is a biotechnology research center. They provide services that include microorganisms, fermentation, filtration, drying, and packaging. An online inquiry form is available on the company's website.
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LHV Group
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Recruiting startups

LHV Ventures is a domestic financial group company that provides banking, financial advisory, and securities brokerage services to private individuals, small and medium-sized companies, and institutional investors. The company's mission is to help create Estonian capital, develop the Estonian economy, and social sustainability.Founded in1999, LHV Ventures is headquartered in Tallinn, Estonia.

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Investment focus

  • Industry: FinTech, Financial Services, SaaS
  • Stage:Debt Financing, Series A, Series B
  • Geography: Estonia, United Kingdom, United States

Investor stats

  • Total investments: 9
  • Round size: Debt Financing $1.1M–$237M
  • Lead/follow: 33% lead, 67% follow

Portfolio highlights

  • Hepsor — Hepsor specializes in the development of residential and commercial real estate projects. With a focus on green thinking, innovation, and modern architecture, Hepsor aims to create sustainable and aesthetically pleasing environments. Since its establishment in 2011, the company has been recognized for implementing innovative engineering andtechnical solutions in its buildings, making them more sustainable and efficient. Hepsor's portfolio includes a variety of projects, from cozy homes to functional commercial spaces, all designed with the future in mind. The company is committed to enhancing the quality of living and working spaces while respecting the environment.
  • Bolt — The smartest way to move around in cities. Forget expensive taxi rides or slow public transport. Get a ride in minutes. Download the Bolt app for iOS and Android.
  • Apollo Group OÜ — Apollo Kohvikud operates cafes and quick-service dining concepts as part of the Apollo Group food and beverage portfolio. The company manages Blender juice bars, Ice Cafe outlets, and related concepts that provide smoothies, fresh juices, coffee drinks, and a range of light meals. Its menus include health-oriented beverages, wraps, sandwiches,paninis, salads, and desserts designed for quick consumption in high-traffic environments. Apollo Kohvikud serves customers in locations such as shopping centres, entertainment venues, and transit hubs, aligning its food offer with everyday leisure and retail activities. Through its brands, the company focuses on convenient, ready-to-eat options that complement cinema, bookstore, and other entertainment experiences within the wider group.
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Off the Grid Ventures
VC Fund · San Francisco, California, United States · 1 investments in Estonia Recruiting startups

Off The Grid Ventures focuses on women and foreign/immigrant founders in B2B Tech and Fintech

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Investment focus

  • Industry: Financial Services, FinTech, Banking
  • Stage:Seed, Series A, Angel
  • Geography: United States, Canada, France

Investor stats

  • Total investments: 20
  • Round size: Seed $325k–$6.4M; Series A $4M–$34M
  • Lead/follow: 5% lead, 95% follow

Portfolio highlights

  • AON3D — AON3D is a manufacturer of high-temperature industrial 3D printers.The AON-M2, its flagship 3D printer, is a direct response to demands for hotter print conditions and the careful thermal control needed for producing strong and dimensionally stable parts from advanced materials. It offers an open filament platform that empowers users to choosethe right materials for their project and slash costs by avoiding expensive proprietary materials and license fees.Founders Andrew Walker, Randeep Singh, and Kevin Han established the company in 2015 in Montreal, Quebec.
  • Tribal — Tribal is a payments and financing platform using the latest emerging technologies to provide small and medium-sized businesses (SMBs) in emerging markets with better access to financial services. Tribal offers these SMBs access to modern payment methods like multi-currency physical and ​virtual business credit cards​, local and internationalwires, along with short-term financing, and a powerful ​spend management platform​ to track and control their expenses—all in one seamless interface. Tribal has raised from SoftBank Latin America Fund, QED Investors, BECO Capital, Stellar Development Foundation, and Coinbase Ventures. The company is also among an elite group of companies chosen as part of the Visa FinTech Fast Track program.
  • Black Label — Jasper, formerly CreditStacks, is a financial service company that offers a credit card designed for professionals. Jasper uses technology to assess applicants holistically, so applicants may qualify for a premium Jasper Mastercard, issued by WebBank, even if they are just starting their credit journey.The company was founded in 2015 and isheadquartered in New York City, New York.
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Streamlined
VC Fund · San Francisco, California, United States · 1 investments in Estonia Recruiting startups, 16 in the past 12 months

We partner with seed-stage founders to build exceptional companies.

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A
  • Geography: United States, Mexico, Colombia

Investor stats

  • Total investments: 295
  • Round size: Seed $1.6M–$10M; Series A $5M–$24M
  • Lead/follow: 21% lead, 79% follow
  • Last fund: Likely still investing — raised $102M in 2022

Portfolio highlights

  • a1Mobile — Your carrier, now AI-native.
  • Fun — Fun offers the highest converting rails to execute blockchain actions. Optimize your funding rails, reach new customers, and reduce costs.
  • Ratio — A new way to finance subscription companies without dilution offering flexibility to help you thrive and compete. Put your recurring revenue to work.
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Spring Capital
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Recruiting startups

Investments in exceptional teams in the Baltics & Nordics.Our two main focuses include: 1. Startups with a technological edge. Seed stage. Our check size is from €50K up to €200K. With a vast experience in startup building, we typically get hands-on with our advice and help the founders achieve operational excellence. 2. Innovators oftraditional sectors. SMEs with a proven track and strong market position. Clear plans to accelerate the growth. Our investment ticket can be from €300K to €700K to support these aspirations. If you think we have a match, reach out through invest@springcapital.ee.

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Investment focus

  • Industry: Software, SaaS, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, Finland, United States

Investor stats

  • Total investments: 25
  • Round size: Seed $439k–$2.5M; Pre-Seed $500k–$652k; Series A $7.4M–$9.1M
  • Lead/follow: 20% lead, 80% follow
  • Last fund: May invest from a new fund soon — raised $3.9M in 2018

Portfolio highlights

  • Uniify — Uniify is a no-code customer onboarding software that makes it fast, easy and secure for financial companies to onboard their customers. Save your business time and money, and build onboarding flows for your customers in minutes instead of months.
  • Crisp — Crisp connects data between retailers, distributors, and brands to power real-time insights across the supply chain.
  • Salesforge — Salesforge is an all-in-one sales execution super app that gives every sales team the highest probability to hit their target by tackling email deliverability and the need to personalize cold email outreach at scale.We do that by enabling real-time AI & machine learning to decision critical sales activities, enhance messaging and eliminatethe need for various sales point solutions, therefore driving superior conversion rates.
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LocalGlobe
VC Fund · London, England, United Kingdom · 1 investments in Estonia Recruiting startups

Seeding ambitious founders at places like @citymapper, @improbableio,@teamkano, @moo, @songkick,@seedcamp, @transferwise and @zoopla since 1999. Who's next?

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Investment focus

  • Industry: Software, Artificial Intelligence, Information Technology
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United Kingdom, United States, France

Investor stats

  • Total investments: 367
  • Round size: Seed $1.6M–$13M; Pre-Seed $1M–$3.3M; Series A $4.2M–$30M
  • Lead/follow: 36% lead, 64% follow
  • Last fund: Likely still investing — raised $500M in 2022

Portfolio highlights

  • nPlan — AI that forecasts project outcomes, creates scenarios of the future and helps mitigate risk across single projects and portfolios. Trained on over 750,000 past programmes.
  • Stream — Stream is a financial services firm that allows employees to stream their earned wages into their accounts through an instant app. The app allows them to have complete control over when they get paid. It also effectively ends the need for employee advances, loans, and employee stress suffered from short-term, unplanned financial obligations. Thecompany aims to play a key role in reducing the poverty premium and preventing employees from entering cycles of debt caused by overdraft fees, high-interest credit, or payday loans.
  • Dataform — Develop and operationalize scalable data transformations pipelines in BigQuery using SQL.
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Fund Fellow Founders
VC Fund · Harjumaa, Eastern Finland, Finland · 1 investments in Estonia Recruiting startups

Private club of top tech investors in Europe

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Investment focus

  • Industry: Software, Insurance, Recruiting
  • Stage:Seed
  • Geography: Estonia, United Kingdom

Investor stats

  • Total investments: 2
  • Round size: Seed $1.1M–$1.9M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Insly — The low-risk insurance software partner for MGAs and insurers. Fast setup, AI-powered and real results for MGAs and insurers.
  • RecruitLab — Teamdash's built-in recruitment, applicant tracking, and marketing features give you the focus you need to achieve the impossible. Here's how.
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KAYA
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 1 investments in Estonia Recruiting startups

We are committed to supporting founders at every stage of their journey, from studio projects and pre-seed through to Series A and follow-ons.

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Investment focus

  • Industry: Software, Health Care, Internet
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, Czech Republic, Poland

Investor stats

  • Total investments: 98
  • Round size: Seed $1M–$9.5M; Pre-Seed $132k–$3.3M; Series A $3.3M–$25M
  • Lead/follow: 19% lead, 81% follow
  • Last fund: Likely actively investing — fund raised in 2025

Portfolio highlights

  • Masters — Train mind and body on the Masters app with full workout programs designed and run by the world's best athletes. Join today and start training like a pro.
  • Kolay Randevu — Kolay Randevu is an online beauty booking marketplace and salon management software for salons.
  • My Kindred — Enhance your well-being at our renowned women's health clinic. Experience top-notch care at our online clinic in the Philippines. Visit us today!
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Siena Capital
VC Fund · 1 investments in Estonia Recruiting startups

Siena is a VC firm mainly investing in startups in Estonia and California

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Investment focus

  • Industry: Financial Services, CAD, Banking
  • Stage:Seed, Pre-Seed, Convertible Note
  • Geography: Estonia, Latvia

Investor stats

  • Total investments: 5
  • Round size: Seed $2.7M–$4.2M; Pre-Seed $50k–$393k
  • Lead/follow: 0% lead, 100% follow
  • Last fund: May invest from a new fund soon — raised $59M in 2021

Portfolio highlights

  • Tuum — Tuum is a cloud-native banking platform that is spearheading the next generation of digital innovation in the financial services industry. Built around a microservices architecture, the platform consists of flexible and independent modules covering all retail and business banking capabilities. The platform is API-based for quick and easyintegration and can run on all major cloud providers, as well as on private clouds. Founded by a team of banking and technology experts in 2019, Tuum combines technological excellence with in-depth banking knowledge and packages it into a sophisticated, cutting-edge platform. Tuum currently employs over 60 people with offices in Tallinn, Berlin and Malaga
  • Wisnio — Great things in business are never done by one person, but by high-performing teams.Teamscope was founded by leading executive search professionals, data scientists, and tech entrepreneurs to help managers make better hiring decisions and build more engaged, high-performing teams.The teamscope platform combines big data analytics withscientific testing to analyze teams and help team leaders make better hiring decisions. Our unique algorithm analyzes the values, personality characteristics, and core competencies of team members to first profile the existing team. Based on that, the platform recommends what characteristics to look for in a candidate and evaluates how well each candidate fits in with the role and the team. The platform then generates a detailed behavioral profile and interview guide for each candidate to help the hiring manager choose the best person for the team.
  • Solid World — A DAO that will create new carbon projects
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Superangel
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Recruiting startups

Early-stage investments from entrepreneurs to entrepreneurs. Our companies include Bolt, Veriff, Fortumo and many more. 10x@superangel.io

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Investment focus

  • Industry: Artificial Intelligence, Software, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, United States, Finland

Investor stats

  • Total investments: 81
  • Round size: Seed $767k–$6.2M; Pre-Seed $165k–$1.6M; Series A $5.3M–$20M
  • Lead/follow: 40% lead, 60% follow
  • Last fund: Likely still investing — raised $35M in 2022

Portfolio highlights

  • OTee — OTee's Industrial Automation platform makes it possible to create and manage industrial-grade virtual control systems, based on open standards and architecture!
  • Spiral Hydrogen — All-in-one, bubble-free centrifugal electrolyzer with an embedded axial flux generator that sets a new standard in efficiency and simplicity.
  • Nanordica Medical — Nanordica Medical develops novel nanoparticle-based antibacterial wound care products.
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3TS Capital Partners
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Estonia Recruiting startups

One of the leading European technology-focused growth capital investors, backing high-growth SMEs across Technology & Internet, Media & Communications.

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Investment focus

  • Industry: Software, Internet, SaaS
  • Stage:Series A, Seed
  • Geography: United States, Romania, Poland

Investor stats

  • Total investments: 73
  • Round size: Seed $719k–$4.6M; Series A $768k–$12M
  • Lead/follow: 49% lead, 51% follow
  • Last fund: Likely still investing — raised $176M in 2021

Portfolio highlights

  • NEXD — NEXD is a technology company with creativity at its heart that has developed a unique way to deliver content. Founded in 2015, NEXD is headquartered in London with sales offices in Berlin, Vienna and New York and has its main development hub in Tallinn, Estonia. NEXD is backed by leading Venture Capitalists including 3TS Capital Partners, part ofthe global Draper Venture Network and NEO Ventures.
  • GoTo (formerly LogMeIn) — GoTo, formerly known as LogMeIn, offers flexible-work software solutions such as GoTo Connect, GoTo Resolve, Rescue, and Central. Designed primarily for small and midsize business IT departments yet robust enough for enterprise use, GoTo's platform supports unified communications and collaboration (UCC) as well as IT management and support.With nearly 800,000 customers, GoTo facilitates over 1 billion participants in meetings, classes, and webinars through its UCC products and enables half a billion connections via its remote access and support tools.
  • ConveyIQ — ConveyIQ provides an intelligent candidate engagement platform. Its platform features an all-in-one bespoke communication framework for the entire candidate journey. ConveyIQ delivers personalized applicant communication that companies need to ensure a remarkable candidate journey.
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Metaplanet
VC Fund · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Recruiting startups

an early-stage investment firm making long-term bets on contrarians and leveraging the knowledge and network across sectors. We back mission-driven founders working on positively disruptive deep technologies.

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Investment focus

  • Industry: Artificial Intelligence, Software, Health Care
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Estonia

Investor stats

  • Total investments: 108
  • Round size: Seed $2.5M–$13M; Series A $5.9M–$40M; Series B $23M–$62M
  • Lead/follow: 13% lead, 87% follow

Portfolio highlights

  • Kopra Bio — Cancer immunotherapy that turns cancer cells into biofactories minting their own destruction.
  • Inherent — Recursively self-improving to discover new knowledge.
  • Lightyear — Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers and fees.
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Foreword Fund
VC Fund · San Francisco, California, United States · 1 investments in Estonia Recruiting startups

Foreword Ventures is an early-stage micro fund backing startups throughout their initial chapters. Foreword commits to adding value far beyond the small checks they write by devoting time, reputation, and capital to clients' success. Foreword typically invests in the pre-seed and seed stages, but can also invest in Series A and beyond whenthere is an existing relationship with the founder or co-investor.

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 40
  • Round size: Seed $3M–$9M; Pre-Seed $1.3M–$3.2M; Series A $8.7M–$13M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Peec AI — Peec AI helps marketing teams analyze brand performance across ChatGPT, Perplexity, and Gemini. Track visibility, benchmark competitors, and optimize AI search presence.
  • XO Market — XO Market is a decentralized finance platform that enables users to create, trade, and share prediction-based markets on future events using blockchain technology. The platform operates as a non-custodial interface, allowing participants to interact directly with smart contracts while retaining control of their own crypto assets. XO Marketfacilitates “conviction markets,” where users can establish and trade outcomes on various topics, with prices reflecting collective market sentiment. It uses an automated market maker model to provide liquidity and incorporates a hybrid system combining artificial intelligence and human input to resolve market outcomes. The platform supports permissionless market creation, enabling users to define events, set parameters, and participate in trading without centralized oversight.
  • Skalar — Skalar specializes in providing automated and digital tax and accounting services for companies.
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Quotidian Ventures
VC Fund · 1 investments in Estonia Recruiting startups

Quotidian | 708 followers on LinkedIn. We invest in the software-powered future. Early investors in Cruise Automation (acquired by General Motors), Chargehound (acquired by PayPal), Tapad (acquired by Telenor), August (acquired by Assa Abloy), Fieldlens (acquired by WeWork), Locu (acquired by GoDaddy), Grand Street (acquired by Etsy), and many other great companies.

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Investment focus

  • Industry: Software, Mobile, Finance
  • Stage:Seed, Series A, Angel
  • Geography: United States, Canada, Estonia

Investor stats

  • Total investments: 36
  • Round size: Seed $500k–$2.5M; Series A $4M–$8M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Bluesmart — Bluesmart develops Internet connected travel products that include physical products combined with software. It offers Bluesmart app, a solution that allows users to control suitcases from their phones, receive smart alerts, and track their travel data to get insights about travel habits. Bluesmart also provides digital lock solutions for luggageand its contents; battery charging and location tracking solutions; and distance alerts and trip data. Alejo Verlini, Brian Chen, Diego Saez-Gil, Martin Diz, and Tomi Pierucci founded it on Novermber 5, 2013, with its headquarters in Mountain View in California.
  • Funnel — Our revolutionary CRM property management software saves both time and money for agents and owners while making leasing more efficient.
  • ConsenSys — Build next-generation apps, launch blockchain-based financial infrastructure, and access the decentralized web with ConsenSys' Ethereum product suite.
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BADideas.fund
VC Fund · 1 investments in Estonia Recruiting startups, 11 in the past 12 months

BADideas.fund backs bold founders from the Baltics and CEE with fast, founder-friendly funding. Led by a community of unicorn builders, we support early-stage B2B and marketplace startups with global ambition.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Grant
  • Geography: Estonia, Latvia, Lithuania

Investor stats

  • Total investments: 43
  • Round size: Seed $939k–$3.6M; Pre-Seed $110k–$1.3M
  • Lead/follow: 14% lead, 86% follow

Portfolio highlights

  • Tapaya — Software infrastructure that turns any device into a payment terminal. For developers who need to ship fast without becoming payments experts.
  • ForActive — ForActive The Best App to Buy & Sell Memberships
  • Spotwise.ai — Spotwise hears every ad on TV, radio and podcasts, then puts AI agents on that data to do market research, reports, ad strategy and find new advertisers.
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Easypress Technologies
VC Fund · Guildford, Surrey, United Kingdom · 1 investments in Estonia Recruiting startups

A leading global provider of cloud based digital publishing solutions to over 500 global publishers. We understand the issues faced by publishers in the ever-changing digital world, and provide stable, scalable and flexible technology solutions to overcome today's challenges.

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Investment focus

  • Industry: Education, Recruiting, Professional Services
  • Stage:Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Jobbatical — Jobbatical takes care of the entire relocation process for you. Just sit back and relax.
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Recruiting VC funding in Estonia at a glance

Stats across 24 deals from 40 investors.

40
investors
in Estonia Recruiting startups
24
deals
in Estonia Recruiting startups
$1M
median round
in Estonia Recruiting startups
35%
lead investors
lead at least one round
42%
Seed
most common funding stage

Access all 40 VC funds in Estonia Recruiting startups.

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