# Top 50 SaaS Startup Investors in Bulgaria in June 2026

## Eleven Ventures
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 46
- Stages: Seed, Convertible Note, Pre-Seed
- Focus: Software, SaaS, Information Technology

We empower local heroes to build global success. Eleven is an early-stage VC investing in technology companies in Southeast Europe.

## LAUNCHub Ventures
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 28
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, SaaS, Enterprise Software

LAUNCHub is a leading early-stage venture capital fund focused on investing in startups in South-Eastern (SEE) and Central-Eastern (CEE) Europe. 

## Impetus Capital
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 12
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, SaaS

Early stage venture capital fund partnering with founders at Seed and Series A stage.
We are not simply the next investor who sends you money and shows up at board meetings. Our team seeks to empower you throughout your journey with actionable, game-changing support.

## Vitosha Venture Partners
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 11
- Stages: Pre-Seed, Seed
- Focus: Software, Marketplace, Information Technology

Vitosha is a EUR 26m early-stage VC fund investing in innovative businesses in Bulgaria

## New Vision 3
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 5
- Stages: Seed, Pre-Seed
- Focus: Consulting, Service Industry, Solar

New Vision 3 is an Early-stage Venture Capital fund.

## Hristo Hristov
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 5
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, E-Commerce, Internet

Hristo Hristov - Chief Executive Officer @ DarikNews.bg

## BrightCap Ventures
- Type: VC Fund
- Location: Amsterdam, Noord-Holland, The Netherlands
- Relevant deals: 4
- Stages: Seed, Pre-Seed
- Focus: Software, Artificial Intelligence, SaaS

We invest in early-stage tech startups with roots in Southeast Europe, working on defensible technology and a clear strategy for entering affluent markets.

## Zoran Arsovski
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 4
- Stages: Seed, Angel, Pre-Seed
- Focus: Software, FinTech, Internet

Zoran and his team focus on Digital Marketing Consulting for B2B growth-stage companies supported by the leading technology VC funds.

## PostScriptum Ventures
- Type: VC Fund
- Location: Luxembourg, Luxembourg, Luxembourg
- Relevant deals: 3
- Stages: Private Equity, Seed, Angel
- Focus: Software, B2B, SaaS

Postscriptum Ventures is a venture capital group with a broad portfolio of sustainable investments. Established in 2006, Postscriptum invests in innovative technology and disruptive business models, with a particular focus on the ongoing (r)evolution of the energy sector. We prefer to invest in early stage ventures where our expertise and experience can leverage our financial investments to help realize the full growth potential of the business.

## Georgi Petrov
- Type: Angel
- Relevant deals: 3
- Stages: Seed, Angel, Pre-Seed
- Focus: SaaS, Apps, Shipping

Georgi Petrov is a Chief Executive Officer and Founder at SMSBump.

## BlackPeak Capital
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 3
- Stages: Private Equity, Series B, Seed
- Focus: Manufacturing, Leisure, Software

BlackPeak Capital is a co-investment growth equity fund focused on investing in high-growth Southeast European small and medium enterprises. BlackPeak Capital is funded by the European Investment Fund, part of the European Investment Bank, through the JEREMIE initiative for support of the SME enterprises in Bulgaria.We invest in equity,mezzanine, and other forms of hybrid capital to support the investment plans of dynamic regional companies. As a co-investment fund, BlackPeak Capital invests alongside other private institutional or individual investors on pari-passu terms. Our target investment ticket is between €1-8 million per transaction.

## Mihail Stoychev
- Type: Angel
- Relevant deals: 3
- Stages: Seed, Angel, Pre-Seed
- Focus: SaaS, Apps, Shipping

Mihail Stoychev - Founder and CEO @ SMSBump

## North Base Media
- Type: VC Fund
- Location: Singapore, Central Region, Singapore
- Relevant deals: 3
- Stages: Seed, Series A, Series B
- Focus: Digital Media, Publishing, Advertising

NBM is a specialized firm that successfully pioneered global digital-media investing over the last decade, backing successes like IDN Media in Indonesia, Pocket Aces in India, TheNewsLens in Taiwan and Capital Digital in Mexico. Its first venture fund, launched in 2015, consistently ranks in the top quartile of media and global venture funds. TheFund, which has been backed by several of the world’s leading media brands, is now open to other investors as its investment team moves to take advantage of the sudden rise of opportunities and new valuations in the global media landscape. NBM’s co-founders are Marcus Brauchli, the former top editor at The Washington Post and The Wall Street Journal; Sasa Vucinic, the longtime CEO of the Media Development Investment Fund (MDIF). The firm’s general counsel is Stuart Karle, former COO of Reuters and General Counsel of the Journal.

## Skynet Trading
- Type: VC Fund
- Location: Hong Kong, Hong Kong Island, Hong Kong
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Blockchain, Cryptocurrency, Financial Services

Crypto market making experts with 5+ years of experience. We provide stable liquidity, tight spreads, and 24/7 coverage for your digital assets. Book a call today.

## Casey Armstrong
- Type: Angel
- Location: Newport Beach, California, United States
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: E-Commerce, Software, Apps

Casey Armstrong is the CMO at ShipBob.

## NEVEQ
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: SaaS, Mobile, Analytics

NEVEQ (New Europe Venture Equity) is a venture capital fund focused on seed and early stage investments enabling companies to scale and reach growth stage. The fund has invested among others in business intelligence, travel technology, semantic technology, social media, telecommunication solutions and data center businesses.

## South Central Ventures
- Type: VC Fund
- Location: Belgrade, Vojvodina, Serbia
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, SaaS, Artificial Intelligence

South Central Ventures is dedicated to investments in startups, small and medium globally oriented technology companies in SE Europe.

## Openfund
- Type: VC Fund
- Location: Athens, Attiki, Greece
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Travel, SaaS

Openfund is a new seed capital venture, focusing on start-ups around software, mobile and the web. Based in Athens, Greece, the Openfund brings together an exceptional team of executives, an extensive list of advisors and a number of passionate investors to provide everything a team of entrepreneurs needs to turn ideas into products and success.

## Morningside Hill Capital Management
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 2
- Stages: Seed
- Focus: Software, AgTech, Farming

Private investment partnership

## Imprimatur Capital Fund Management
- Type: VC Fund
- Location: Riga, Riga, Latvia
- Relevant deals: 2
- Stages: Seed, Debt Financing
- Focus: Software, Information Technology, Apps

Imprimatur Capital Fund Management is a venture capital firm focusing on high-technology at an early stage in its commercial development. We invest in start-up technology businesses which are based on innovative intellectual property, are led by strong teams and have high international growth potential.Imprimatur Capital Fund Management, based inLatvia, manages seed and start-up funds with investors including the Latvian Guarantee Agency, other institutional investors and some private investors. The company source investment opportunities primarily from the Baltic/Nordic/Russia region.Imprimatur Capital Fund Management is a partner firm of Imprimatur Capital Ltd, headquartered in London and with investment operations in Europe, Russia, Asia Pacific, Latin America and the US.

## Svetozar Georgiev
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, SaaS, FinTech

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.

## Speedinvest
- Type: VC Fund
- Location: Vienna, Wien, Austria
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, FinTech, Financial Services

Speedinvest is a globally active European venture capital firm built on a simple belief: many move more.
From six offices across EMEA, our sector-focused investment teams back relentless founders from pre–Seed to Growth with long-term conviction, providing day-one access to our global network of corporate customers, experts, industry leaders, andtop-tier follow-on investors to scale smarter and faster.
Building lasting companies like Bitpanda (Austria), Moove (Nigeria), Gigs (U.S.), Tide (UK), ARX Robotics (Germany), Wayflyer (Ireland), GoStudent (Austria), Seqera Labs (Spain), and Cylib (Germany) — together.
Big ideas may start with one. But scaling and winning take The Power of More.

## Georgi Kremenliev
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Analytics, Information Technology, Small and Medium Businesses

Georgi Kremenliev - VP Professional and Engineering Services @ Vayant Travel Technologies

## EIT Digital
- Type: VC Fund
- Location: Brussels, Brussels Hoofdstedelijk Gewest, Belgium
- Relevant deals: 1
- Stages: Pre-Seed, Grant, Seed
- Focus: Information Technology, Software, Internet

Join Europe's largest digital innovation ecosystem. For a strong digital Europe. Inclusive. Fair. Sustainable.

## Tim Draper
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, FinTech, Financial Services

Tim Draper is the Founding Partner of Draper Associates. He attended Harvard Business School.

## Danish Chaudhry
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Software

Danish Chaudhry is a GP & Co-Founder at Paper Ventures.

## Pleiade Venture
- Type: VC Fund
- Location: Paris, Ile-de-France, France
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, E-Commerce, Internet

Pleiade Venture is a French Ventrue Capital Company. It supports innovative companies from all sectors, except biotech.

## International Aviation Services
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Convertible Note
- Focus: Banking, FinTech, Software

Founded in 2005, IAS Ltd. initiated its activity as an aviation consulting company with experienced engineers holding FAA A & P EASA licenses.

## Rune Sovndahl
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed
- Focus: iOS, Apps, Mobile

Summary - Rune Sovndahl (Born 13 February, 1975) is a Danish-born entrepreneur with over fifteen years' experience in the the IT, dot-com and telecommunications industries. He is the founder of Briing.com, Polish portal Gadatka.com and Victor Connect Ltd. He is currently the co-owner and CEO of international SEO agency Early Life- Sovndahl grew up in Copenhagen attending both Following his service in the Royal Danish Navy, Rune developed a passion for the culinary arts which lead to him to working in the kitchens of multiple Michelin Star restaurants in Copenhagen and Søllerød under the tutelage of Franz Stockhammer. Rune was fascinated by El Bulli and the school of culinary technology and organization, but he left the industry due to a severe shellfish allergy. He keeps the passion of his culinary days alive in the day to day work of his companies. Career- Rune's interest in technology and human interaction led him to the fields of Search Engine Marketing, Paid Search, Natural Search, Brand Discovery, and Protection & Visibility. His early days in technology involved the development of location-based systems and the early development of a In 2003 Rune launched a mid-sized SEO and affiliate web design company, - - - - - - - - - Personal Life – Sovndahl currently resides in London's Bloomsbury. He remains passionate about travel, culinary arts and designing sustainable business models for technology that optimize marketing and usability across the full value chain of the consumer. Philanthropy – Rune is the co-founder of Stepnote, a charity music school in Denmark. The 

## Marshland Group
- Type: VC Fund
- Location: Castries, Castries, Saint Lucia
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Cryptocurrency, Information Technology

Marshland Group is a venture capital firm focused on early-stage companies with dynamic teams and disruptive ideas.

## Varys Capital
- Type: VC Fund
- Location: New York, New York, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Blockchain, Cryptocurrency, Financial Services

Varys Capital is a total return fund providing secure access to the digital asset class through its dual approach to investment returns in venture capital.

## Nedko Krastev
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: EdTech, Education

Nedko Krastev is the Founder of 365 Careers.

## Sevdalina Vassileva
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Angel
- Focus: Hardware, Child Care, Cloud Computing

Sevdalina Vassileva - Business developer @ EuroPATC

## IOI Capital
- Type: VC Fund
- Location: Abu Dhabi, Abu Dhabi, United Arab Emirates
- Relevant deals: 1
- Stages: Seed
- Focus: Internet, Software, Information Technology

IOI Capital offers expert investment services, focusing on strategic partnerships, capital raising, and project packaging in sectors like technology, real estate, and green energy. Specializing in Eastern Europe, Central Asia, and the GCC, we drive growth and diversification.

## Iliya Valchanov
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: EdTech, Education

Iliya Valchanov is the Co-founder of 3veta.

## Bulgarian Development Bank
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Pre-Seed, Debt Financing
- Focus: Finance, Software, Health Care

Bulgarian Development Bank (BDB) is a financial institution 99.9%-owned by the Bulgarian state. It was established in 1999 as the Encouragement Bank with main focus to support small and medium-sized enterprises. BDB is among the top four Bulgarian banks in terms of credit rating, rated "BBB" with a positive outlook by Fitch Ratings. It isthe only Bulgarian bank to provide direct financing as well as financing via other credit institutions. BDB is the best-positioned local bank to raise funds from international partners. Its subsidiaries are the National Guarantee Fund, which issues guarantees for bank loans to the non-financial sector; the Micro Financing Institution Jobs, which provide financing to SMEs and start-ups; the Capital Investments Fund as well as the BDB Leasing and BDB Factoring.

## BlueOcean Ventures
- Type: VC Fund
- Location: Plan-les-ouates, Geneve, Switzerland
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Health Care, Medical, Biotechnology

BlueOcean Ventures SA provides capital, operational and company development advisory support (mentoring, company management, divestment experience, network, negotiation support) to entrepreneurs in Switzerland.
BlueOcean Ventures is based in Geneva, Switzerland.

## Denis Gorbunov
- Type: Angel
- Relevant deals: 1
- Stages: Seed
- Focus: Internet, Marketing, E-Commerce

Denis Gorbunov

## BMW i Ventures
- Type: VC Fund
- Location: Mountain View, California, United States
- Relevant deals: 1
- Stages: Series B, Series A
- Focus: Automotive, Software, Information Technology

We operate with the speed and rigor of a Silicon Valley VC firm, while leveraging the value-add of BMW as a corporate partner

## Emil Tabakov
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Angel
- Focus: SaaS, Software, Venture Capital

Senior Product Manager @ Coursera (NYSE: COUR). Ex-Telerik/Ex-Progress (NASDAQ: PRGS)
Emil is passionate about building products that people love, building effective teams, talent development and working on open source products.

## Accession Capital Partners
- Type: VC Fund
- Location: Vienna, Wien, Austria
- Relevant deals: 1
- Stages: Debt Financing, Private Equity
- Focus: Manufacturing, Telecommunications, Health Care

Central Europe's leading provider of financing solutions for middle market businesses.

## Sofia Angels Ventures
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series A
- Focus: Artificial Intelligence, Information Technology, Software

Agri supply chain tech and finance solutions.World best visual search platformImproving transportation industry via advanced technology and

## KuCoin
- Type: VC Fund
- Location: Mahé, Beau Vallon, Seychelles
- Relevant deals: 1
- Stages: Seed, Initial Coin Offering
- Focus: Blockchain, Cryptocurrency, Gaming

Sign up with KuCoin, and get your first crypto today!

## Neo Gravity
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Pet, Craft Beer, Veterinary

Neo Gravity is the 4th successive investment fund of serial entrepreneurs active in Southeast Europe since 2005.Investment strategy is to build increasing stakes in high-end consumer goods & services providers and in personal mobility. Investee companies and targets may be based in SEE but operate on a global scaleRapid digitalization ofthe global economy, convergence of EM economies to Western standards and spread of the pandemic have changed the purchasing behavior of the connected consumer.

## TechOne VC
- Type: VC Fund
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, SaaS, Artificial Intelligence

TechOne VC is a venture capital firm. It invests in innovative tech startups founded by visionary entrepreneurs solving global problems, to deliver superior returns for our investors.

## Kenny Li
- Type: Angel
- Location: Cambridge, Massachusetts, United States
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Blockchain, Web3, Cryptocurrency

Kenny Li is the Co-Founder of P0x Labs. He attended MIT Sloan School of Management.

## Selahattin Zoralioğl
- Type: Angel
- Location: Istanbul, Istanbul, Turkey
- Relevant deals: 1
- Stages: Seed
- Focus: Computer, Software, Web Apps

Selahattin Zoralioğl

## NAP
- Type: VC Fund
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Information Technology, SaaS

Cavalry is an early-stage venture capital investor focused on European technology companies.

## Petr Baron
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed
- Focus: FinTech, Internet, Marketing

Petr Baron CEO TBI Financial Services

## 3TS Capital Partners
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 1
- Stages: Series A, Seed
- Focus: Software, Internet, SaaS

3TS Capital Partners is a European technology focused private equity and venture capital firms. 3TS provides expansion capital and buyout funding for small and medium-sized businesses in growth sectors including technology & internet, media & communications and technology-enabled services. Investors in the current and past 3TS fundstotaling over €300 million include EIF, EBRD, Cisco, OTP, Sitra, 3i and KfW among others.Its team of highly qualified experts become active business partners of the portfolio companies and deliver substantial value added beyond financing. When analyzing new investment opportunities and supporting portfolio companies, the company often augment its core team by its sector partners, various co-investors and other industry experts. 3TS is also an active member of several international industry associations and other organizations like EVCA – European Private Equity & Venture Capital Association, the International Venture Club and the Draper Venture Network.
