Top 50 SaaS Startup Investors in Estonia (June 2026)
For AI agents: Short investor table (Markdown), Detailed investor list (Markdown)
| Investor | Relevant Deals | Geography | Stage | Focus | Round Size |
|---|---|---|---|---|---|
|
Specialist VC
VC Fund
|
27 | Estonia, United Kingdom, Finland | Seed, Pre-Seed | Software, Information Technology, Artificial Intelligence | $241k–$6.5M |
|
Tera Ventures
VC Fund
|
24 | Estonia, United States, United Kingdom | Seed, Series A, Pre-Seed | Software, E-Commerce, Artificial Intelligence | $120k–$12M |
|
Superangel
VC Fund
|
22 | Estonia, United States, Finland | Seed, Pre-Seed, Series A | Artificial Intelligence, Software, Information Technology | $165k–$20M |
|
Icebreaker.vc
VC Fund
|
21 | Finland, Estonia, Sweden | Pre-Seed, Seed, Series A | Software, Information Technology, Artificial Intelligence | $106k–$25M |
|
Lemonade Stand
VC Fund
|
17 | Estonia, Lithuania, India | Seed, Pre-Seed | Software, Artificial Intelligence, FinTech | $227k–$3M |
|
Prototron
VC Fund
|
17 | Estonia, Finland, Germany | Pre-Seed, Grant, Seed | Software, Manufacturing, Internet of Things | $3k–$27k |
|
Change Ventures
VC Fund
|
14 | Estonia, Latvia, Lithuania | Seed, Pre-Seed, Series A | Software, Information Technology, Apps | $273k–$33M |
|
Thorgate Ventures
VC Fund
|
14 | Estonia, United Kingdom, Norway | Seed, Pre-Seed, Series A | Software, SaaS, FinTech | $22k–$3.4M |
|
Jaan Tallinn
Angel
|
12 | United States, Estonia, United Kingdom | Seed, Series A | Software, Artificial Intelligence, Internet | $531k–$124M |
|
Spring Capital
VC Fund
|
10 | Estonia, Finland, United States | Seed, Pre-Seed, Series A | Software, SaaS, E-Commerce | $439k–$8.2M |
|
Ragnar Sass
Angel
|
10 | Estonia, United States, Ukraine | Seed, Pre-Seed | Information Technology, Software, SaaS | $110k–$6M |
|
Martin Tajur
Angel
|
9 | Estonia, Poland, Ukraine | Pre-Seed, Seed, Angel | Software, SaaS, Recruiting | $137k–$2.7M |
|
Markus Villig
Angel
|
9 | Estonia, United States, United Kingdom | Seed, Pre-Seed, Angel | Software, Information Technology, FinTech | $230k–$3.5M |
|
Kristjan Vilosius
Angel
|
9 | Estonia, United States, South Africa | Seed, Pre-Seed, Series A | Software, Information Technology, E-Commerce | $410k–$12M |
|
Sten Tamkivi
Angel
|
8 | Estonia, United States, United Kingdom | Seed, Series A, Pre-Seed | Software, Artificial Intelligence, Manufacturing | $120k–$35M |
|
Martin Villig
Angel
|
8 | Estonia, Spain, South Africa | Seed, Angel, Pre-Seed | Software, FinTech, Education | $111k–$6M |
|
Karma Ventures
VC Fund
|
8 | Estonia, United States, Finland | Series A, Seed, Series B | Software, Artificial Intelligence, FinTech | $549k–$30M |
|
TMT Investments
VC Fund
|
8 | United States, Estonia, United Kingdom | Seed, Series A | Software, SaaS, Social Media | $250k–$10M |
|
Trind Ventures
VC Fund
|
8 | Finland, Estonia, Spain | Seed, Series A | Software, Information Technology, SaaS | $549k–$15M |
|
Kristjan Raude
Angel
|
7 | Estonia, United States | Seed, Pre-Seed, Equity Crowdfunding | Software, Automotive, Internet of Things | $71k–$2.7M |
|
LIFT99
VC Fund
|
6 | Estonia, United Kingdom, El Salvador | Pre-Seed, Seed, Series A | Software, Information Technology, Legal | $300k–$12M |
|
Martin Henk
Angel
|
6 | Estonia, United States, United Kingdom | Pre-Seed, Seed, Angel | Software, SaaS, Information Technology | $300k–$5.5M |
|
Gorilla Capital
VC Fund
|
6 | Finland, Sweden, Estonia | Pre-Seed, Seed, Series A | Software, SaaS, Information Technology | $149k–$5.5M |
|
Andrus Purde
Angel
|
6 | Estonia, United Kingdom, Cyprus | Seed, Pre-Seed | Software, Apps, Internet | $100k–$2.7M |
|
Kaarel Kotkas
Angel
|
6 | Estonia, United Kingdom | Seed, Series A, Angel | Software, Gaming, 3D Technology | $587k–$13M |
|
Timo Rein
Angel
|
6 | Estonia, Finland, United Kingdom | Seed, Angel, Convertible Note | Software, Recruiting, Human Resources | $280k–$1.2M |
|
Taavet Hinrikus
Angel
|
6 | United Kingdom, United States, Estonia | Seed, Series A, Series B | FinTech, Software, Financial Services | $1M–$52M |
|
Earlybird Venture Capital
VC Fund
|
5 | Germany, United States, United Kingdom | Series A, Seed, Series B | Software, Information Technology, Artificial Intelligence | $1.2M–$91M |
|
BADideas.fund
VC Fund
|
5 | Estonia, Latvia, Lithuania | Pre-Seed, Seed, Grant | Software, Information Technology, Artificial Intelligence | $340k–$6.5M |
|
Passion Capital
VC Fund
|
5 | United Kingdom, United States, Germany | Seed, Series A, Series B | Software, FinTech, Financial Services | $573k–$40M |
|
EstBAN
VC Fund
|
5 | Estonia, Latvia, Lithuania | Seed, Pre-Seed, Angel | Software, Information Technology, Manufacturing | $197k–$2.6M |
|
Alvar Lumberg
Angel
|
5 | Estonia | Seed, Pre-Seed | Software, Information Technology, SaaS | $533k–$2.4M |
|
Ahti Heinla
Angel
|
5 | Estonia, United States | Seed, Angel, Series A | Apps, Internet, Software | $90k–$2.3M |
|
Tiny VC
VC Fund
|
4 | United Kingdom, Germany, United States | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, Information Technology | $750k–$27M |
|
Token Ventures
VC Fund
|
4 | Estonia, France, Austria | Seed, Pre-Seed | Blockchain, Cryptocurrency, FinTech | $900k–$3.5M |
|
Ott Kaukver
Angel
|
4 | Estonia, United States, United Kingdom | Series A, Seed, Pre-Seed | Software, Financial Services, SaaS | $397k–$26M |
|
Ambient Sound Investments
VC Fund
|
4 | Estonia, United States, United Kingdom | Seed, Series A | Internet, Software, E-Commerce | $200k–$3.7M |
|
Ukrainian Startup Fund
VC Fund
|
4 | Ukraine, United States, Estonia | Pre-Seed, Seed, Grant | Software, Information Technology, SaaS | $11k–$50k |
|
Zenith Family Office
VC Fund
|
4 | Estonia, United States | Pre-Seed | SaaS, Commercial Real Estate, B2B | $27k–$549k |
|
Mapleblock Capital
VC Fund
|
4 | Singapore, United States, Estonia | Seed, Series A | Blockchain, Gaming, Cryptocurrency | |
|
LD Capital
VC Fund
|
4 | United States, Singapore, United Kingdom | Seed, Initial Coin Offering | Blockchain, Cryptocurrency, Gaming | $1.2M–$10M |
|
The Spartan Group
VC Fund
|
4 | United States, Singapore, United Kingdom | Seed, Series A | Blockchain, Cryptocurrency, Software | |
|
Peep Vain
Angel
|
4 | Estonia | Seed, Angel | Software, Genetics, Recruiting | |
|
Mikko Silventola
Angel
|
4 | Estonia, Finland, United States | Pre-Seed, Seed, Angel | E-Commerce, Software, Transportation | $37k–$4.3M |
|
Contriber Ventures
VC Fund
|
4 | Estonia, Finland, Germany | Seed, Angel, Series A | Software, Apps, SaaS | $955k–$2.1M |
|
Presto Ventures
VC Fund
|
4 | Czech Republic, United States, Estonia | Seed, Pre-Seed, Series A | SaaS, Software, Information Technology | $132k–$32M |
|
Iron Wolf Capital
VC Fund
|
4 | Lithuania, Estonia, United Kingdom | Seed, Series A, Pre-Seed | Software, Information Technology, SaaS | $120k–$7.1M |
|
Tiny Supercomputer Investment Company
VC Fund
|
4 | United Kingdom, Germany, United States | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, Information Technology | $750k–$170M |
|
Märt Kelder
Angel
|
4 | Estonia, Pakistan, Bangladesh | Seed, Angel, Pre-Seed | Information Technology, Software, Transportation | $100k–$2.2M |
|
RubyLight
VC Fund
|
3 | Estonia, Germany, United Kingdom | Seed, Series A, Pre-Seed | Apps, Mobile, E-Commerce | |
| Access all 132 investors in Estonia SaaS startups. | |||||
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United Angels VC is an early stage venture capital fund based in Estonia.
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Pre-Seed
- Geography: Estonia, United Kingdom, Finland
Investor stats
- Total investments: 64
- Round size: Seed $587k–$6.5M; Pre-Seed $241k–$2.2M
- Lead/follow: 34% lead, 66% follow
- Last fund: Likely still investing — raised $55M in 2022
Portfolio highlights
- Sera — Sera's AI streamlines prospecting with tailored lists and enriched profiles, including accurate emails and metrics.
- Copla — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
- CyberUpgrade — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
Tera Ventures is an international investment firm based in Estonia.
Show more...Investment focus
- Industry: Software, E-Commerce, Artificial Intelligence
- Stage:Seed, Series A, Pre-Seed
- Geography: Estonia, United States, United Kingdom
Investor stats
- Total investments: 66
- Round size: Seed $531k–$4.2M; Pre-Seed $120k–$2.2M; Series A $1.6M–$12M
- Lead/follow: 48% lead, 52% follow
- Last fund: May invest from a new fund soon — last raise in 2021
Portfolio highlights
- Secfense — Secfense User Access Security Broker is a network traffic broker that learns the traffic patterns related to authentication and builds an additional security layer between users and their applications.Secfense broker is not a 2FA method. Secfense broker is a tool that enables a quick & easy setup of any 2FA method or authentication standardavailable on the market and introduces it without interfering with applications existing code or database.Without Secfense broker, the 2FA integration often requires changes in the apps' code and then manual check, which can take forever when there are hundreds of apps to protect.Secfense broker streamlines the process by taking over the traffic. The broker knows to which app the user wants to log in, and it asks the user to apply the 2FA method that was chosen for this specific app. Thanks to the Secfense broker the 2FA implementation process is quick & painless across the entire organization. Our customers can also easily switch to any other 2FA method available on the market connecting it with any application or device they need.
- Brainbase — Unified Licensing Management Software. Track and visualize brand performance, contracts, and royalties. Manage approvals, track deals, and spot contract violations.
- Supersimple — Supersimple helps SaaS companies use customer behavior data to drive decisions in product & sales.
Early-stage investments from entrepreneurs to entrepreneurs. Our companies include Bolt, Veriff, Fortumo and many more. 10x@superangel.io
Show more...Investment focus
- Industry: Artificial Intelligence, Software, Information Technology
- Stage:Seed, Pre-Seed, Series A
- Geography: Estonia, United States, Finland
Investor stats
- Total investments: 76
- Round size: Seed $767k–$6.6M; Pre-Seed $165k–$2.2M; Series A $5.3M–$20M
- Lead/follow: 39% lead, 61% follow
- Last fund: Likely still investing — raised $35M in 2022
Portfolio highlights
- Salv — Smart AML solutions. Detect and mitigate money laundering risks through advanced transaction monitoring, sanction screening, and KYC risk scoring.
- ROCSYS — Meet the world's first autonomous charging solution for electrical vehicles in public transportation, logistics, material handling, and passenger cars.
- ZITICITY — Juragan69 adalah venue slot demo yang dipilih untuk final oleh para juragan di Indonesia karena memiliki fasilitas permainan slot yang lengkap serta pelayanan super ramah dari para customer service di situs ini.
Founded in 2016, Icebreaker has invested in over 50 fast-growing tech startups built by domain expert founders from companies like Rovio, Nordea, Pipedrive, Eniram, IBM and BCG. In addition to the fund, Icebreaker also runs a community of more than 1000 founders and pre-founders with 5+ years of relevant industry experience and the will to start,build or join strong tech companies.With the initial ticket sizes of €150k - 800K Icebreaker provides enough funding for companies to get to a position of strength and avoid post-accelerator limbo without having to resort to disreputable sources of capital and unfriendly deal terms.
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Pre-Seed, Seed, Series A
- Geography: Finland, Estonia, Sweden
Investor stats
- Total investments: 121
- Round size: Seed $384k–$5.2M; Pre-Seed $106k–$1.3M; Series A $3.1M–$25M
- Lead/follow: 55% lead, 45% follow
- Last fund: May invest from a new fund soon — raised $22M in 2021
Portfolio highlights
- Cytely — Transforms microscopy from image-driven to data-driven through AI-powered autonomous targeting that captures high-resolution data of critical cellular events, enabling researchers to solve complex biological problems in minutes instead of years.
- ReOrbit — Looking for a way to keep your data flowing in space? ReOrbit has you covered with our line of autonomous and inter-networking satellites!
- NROC Security — Prevent data leaks, govern shadow AI, prove compliance, and save 50% on GenAI subscriptions
Lemonade Stand is a VC fund that focuses on early stage B2B investments in Baltic and East European founders no matter the HQ location. Investing €25-300K in strong teams, technology or traction.
Show more...Investment focus
- Industry: Software, Artificial Intelligence, FinTech
- Stage:Seed, Pre-Seed
- Geography: Estonia, Lithuania, India
Investor stats
- Total investments: 42
- Round size: Seed $1.1M–$3M; Pre-Seed $227k–$2.2M
- Lead/follow: 10% lead, 90% follow
Portfolio highlights
- Esgrid — Esgrid provides value-chain sustainability management solutions to medium-sized businesses and financial institutions.
- Ligence — AI Automated Echocardiography - Artificial intelligence-powered automated heart ultrasound echo lab system.
- Soldera — Soldera enables renewable energy producers to earn additional income through an automatic guarantee of the origin trading system.
Prototron is a start-up fund that gives money to teams for turning their great ideas into the first working prototype. Founded in 2012 by Swedbank, Tallinn Technical University and Tallinn Science Park Tehnopol. We finance teams with high growth potential in areas of Greentech, Electronics, Mechatronics and ICT. We run 3-4 rounds of financingevery year. During last 5 years we've funded 58 startups with over 470'000€ in cash + coaching/incubation services. Our protfolio has generated >4,5 M€ revenue and raised >17'000'000€ capital. These results make Prototron the most productive pre-seed fund in Estonia. Do you want to be part of the success? We seek for: *) New start-up teams who need money for building a prototype. Apply for funding: www.prototron.ee *) Additional partners who want to be part of Estonia's next success stories.
Show more...Investment focus
- Industry: Software, Manufacturing, Internet of Things
- Stage:Pre-Seed, Grant, Seed
- Geography: Estonia, Finland, Germany
Investor stats
- Total investments: 55
- Round size: Seed $4k–$13k; Grant $3k–$27k; Pre-Seed $6k–$27k
- Lead/follow: 75% lead, 25% follow
Portfolio highlights
- Neurosalience — Neurosalience develops a tool for the early detection of dementia from structural MRI scans.
- RAIKU — RAIKU is a cleantech startup that produces 100% natural packaging material that has also great looks and shock absorption - most importantly, it gives 15-20 times more volume to its raw material making it one of the most resource efficient material uses in the world with high margins. Both the production is and products are clean making no harm tonature. RAIKU has raised over 1.2mln€ in the pre-seed stage, built a team of over 10 people, its own IP and clients are already using its packaging material. This material will up-end the 1 trillion € packaging sector.
- Jälle Technologies — Jälle Technologies create advanced recycling technologies that transform battery waste into high-value resources.
We are a seed stage venture capital fund based in the Baltic states, backing ambitious Baltic founders anywhere in the world.
Show more...Investment focus
- Industry: Software, Information Technology, Apps
- Stage:Seed, Pre-Seed, Series A
- Geography: Estonia, Latvia, Lithuania
Investor stats
- Total investments: 63
- Round size: Seed $500k–$4.5M; Pre-Seed $273k–$2.2M; Series A $1M–$33M
- Lead/follow: 56% lead, 44% follow
- Last fund: Likely still investing — fund raised in 2023
Portfolio highlights
- Eurora — Eurora develops an e-commerce suite of customs compliance tools.
- FanSifter — FanSifter is a fan data management platform that leverages machine learning to help rights holders in music, entertainment, and sports increase tickets, music, merch, experiences, and sponsorships sales.
- RecruitLab — Teamdash's built-in recruitment, applicant tracking, and marketing features give you the focus you need to achieve the impossible. Here's how.
We invest both capital and our know-how into startups. Join us and let's change the world
Show more...Investment focus
- Industry: Software, SaaS, FinTech
- Stage:Seed, Pre-Seed, Series A
- Geography: Estonia, United Kingdom, Norway
Investor stats
- Total investments: 22
- Round size: Seed $22k–$713k; Pre-Seed $133k–$478k; Series A $2.1M–$3.4M
- Lead/follow: 27% lead, 73% follow
Portfolio highlights
- Coursy.io — Make employee development more effective with LMS powered by Learning Design
- Waybiller — Bulk TMS solution for end-to-end management: Waybiller transforms your logistics operations, allowing you to handle bulk shipments with precision and speed. The Best E-waybill Software & Bulk TMS Solution
- Bilance — Bilance is a personal finance management app that helps you to track, analyze and plan your finances.
Jaan Tallinn is the Co-Founder of the Centre for Study of Existential Risk and Future of Life Institute.
Show more...Investment focus
- Industry: Software, Artificial Intelligence, Internet
- Stage:Seed, Series A
- Geography: United States, Estonia, United Kingdom
Investor stats
- Total investments: 64
- Round size: Seed $531k–$15M; Series A $3.3M–$124M
- Lead/follow: 5% lead, 95% follow
Portfolio highlights
- ZaiNar — ZaiNar leverages patented digital signal processing techniques to locate radio devices in 3D with meter-level accuracy.
- LawZero — LawZero is committed to advancing research and creating technical solutions that enable safe-by-design AI systems.
- Lightyear — Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers and fees.
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.
Show more...Investment focus
- Industry: Software, SaaS, E-Commerce
- Stage:Seed, Pre-Seed, Series A
- Geography: Estonia, Finland, United States
Investor stats
- Total investments: 24
- Round size: Seed $439k–$2.4M; Pre-Seed $500k–$580k; Series A $7M–$8.2M
- Lead/follow: 21% lead, 79% 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.
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!Ragnar Sass is the Co-Founder of Darkstar Camp. He previously worked at LIFT99 as a Founder and CEO. Ragnar Sass attended Estonian Business School.
Show more...Investment focus
- Industry: Information Technology, Software, SaaS
- Stage:Seed, Pre-Seed
- Geography: Estonia, United States, Ukraine
Investor stats
- Total investments: 31
- Round size: Seed $800k–$6M; Pre-Seed $110k–$2.2M
- Lead/follow: 6% lead, 94% follow
Portfolio highlights
- Alvin — Highly accurate, automated column-level lineage, powering your data workflows.
- BeTRITON — 100% electric recreational vehicle - revolution in sustainable travel. BeTRITON (formerly known as Z-Triton) offers extraordinary experience and freedom to travel both over land and water.
- Around — The largest network of workspaces on flexible terms. We are a savvy team from Latin America providing fast-growing companies with on-demand access to flexible office space. Everywhere.We believe work at its best is always creative and collaborative, expressed with freedom, autonomy, and purpose; and the space surrounding us should help us achieveit, anywhere & everywhere.We are shaping the future of work today by improving workspaces and the rules around them, and helping innovative teams find their ideal space to make their best work every day — our first step on a journey to change the way we work and think about work.Our best work. Anywhere. Everywhere. We are Around.
Martin Tajur is the co-founder of Pipedrive.
Show more...Investment focus
- Industry: Software, SaaS, Recruiting
- Stage:Pre-Seed, Seed, Angel
- Geography: Estonia, Poland, Ukraine
Investor stats
- Total investments: 16
- Round size: Seed $800k–$2.7M; Angel $137k–$549k; Pre-Seed $478k–$2M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- YuMuuv — YuMuuv is an employee wellness platform that uses science-based formulas to capture data and keeps track of physical activity & leaderboard.
- Shen.AI — Discover how Shen AI turns your smartphone into a health companion - no wearables, just powerful, camera-based health insights.
- SegmentStream — SegmentStream is a data intelligence platform which helps collect and unify from different data sources into own data warehouse for advanced analytics and attribution. Our solution is trusted by leading brands such as Benetton, Nespresso, New Balance, myToys, Eventim Group, and others.
Markus Villig is founder and CEO of Taxify. He attended University of Tartu.
Show more...Investment focus
- Industry: Software, Information Technology, FinTech
- Stage:Seed, Pre-Seed, Angel
- Geography: Estonia, United States, United Kingdom
Investor stats
- Total investments: 26
- Round size: Seed $1.1M–$3.5M; Pre-Seed $230k–$3.4M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- GScan — Cosmic-ray based solutions for 3D imaging. GScan redefines the boundaries of 3D scanning with Muon Flux Technology (MFT) detectors. Unparalleled quality, safety, ease-of-use. Scan anything. Detect everything.
- Sera — Sera's AI streamlines prospecting with tailored lists and enriched profiles, including accurate emails and metrics.
- ScamGuardian.AI — Providing Actionable Intelligence to Stop Scams
Kristjan Vilosius - Co-Founder and CEO @ Katana
Show more...Investment focus
- Industry: Software, Information Technology, E-Commerce
- Stage:Seed, Pre-Seed, Series A
- Geography: Estonia, United States, South Africa
Investor stats
- Total investments: 13
- Round size: Seed $1M–$3M; Pre-Seed $410k–$1.3M; Series A $5.2M–$12M
- Lead/follow: 8% lead, 92% follow
Portfolio highlights
- Eurora — Eurora develops an e-commerce suite of customs compliance tools.
- Supliful — Supliful develops an online platform for users to create their own food supplement brand. It provides a catalogue of products, order form templates, online store fronts, shipping, and delivery services. Supliful has fulfilment facilities in Riga, Latvia and Denver, CO. Supliful is founded by a team of serial entrepreneurs who have successfullybuilt and exited an ecommerce company grafomap.com. You can read about it more at Business Insider - https://www.businessinsider.com/
- Parcelsea — Parcelsea is a technology firm that provides e-commerce users and last-mile delivery service providers with an open network platform. The goal is to create a smart mailbox that is user-friendly and secure for everyone.
Sten Tamkivi is the Chief Product Officer at Topia (formerly MOVE Guides). He was previously co-founder and CEO of Teleport (acquired by Topia), the place to scout for startup people. He co-founded the company as an EIR at Andreessen Horowitz.Sten has been a tech entrepreneur since 1996. After founding a few companies in Estonia, he joined Skypeas an early executive, ran the original R&D office, and held several global product leadership roles for 8+ years.He has an MS in Management from Stanford GSB.
Show more...Investment focus
- Industry: Software, Artificial Intelligence, Manufacturing
- Stage:Seed, Series A, Pre-Seed
- Geography: Estonia, United States, United Kingdom
Investor stats
- Total investments: 45
- Round size: Seed $540k–$20M; Pre-Seed $120k–$2.2M; Series A $7.1M–$35M
- Lead/follow: 31% lead, 69% follow
Portfolio highlights
- Katana — Katana gives thousands of manufacturers a live look at their business with visual, intuitive, and easy-to-use ERP software.
- Insempra — Origin.Bio creates synthetic microorganisms that can make many of the same ingredients as traditional chemical industrialization processes today, but with significantly fewer energy requirements and waste produced while eradicating the need for petrochemicals.The company drives the convergence of engineering with biology, using DNA as theprogramming language. Rather than editing genetic material only in or out of DNA, engineers can hack entirely new organisms that have never existed — all powered by computing, automation, and artificial intelligence (AI)/machine-learning while leveraging millions of years of evolution. Operating at an atomic level, the company farms organisms with microscopic precision and integrates them into existing original equipment manufacturer (OEM) manufacturing processes. This asset-light approach enables Origin.Bio to generate sustainable materials at speed in a cost-effective way, without compromising on performance.
- Entrepreneurs First — We turn exceptional individuals into funded founders. We back you first, then give you a bridge to Silicon Valley.
Martin is co-founder of Bolt.eu, Estonian Founders Society, Garage48.org, Good Deed Education Foundation and kood/Jõhvi coding school. Read more from http://martinvillig.com
Show more...Investment focus
- Industry: Software, FinTech, Education
- Stage:Seed, Angel, Pre-Seed
- Geography: Estonia, Spain, South Africa
Investor stats
- Total investments: 20
- Round size: Seed $500k–$6M; Angel $111k–$637k; Pre-Seed $276k–$2.2M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Planet42 — Having your own car has never been easier. Planet42 is a vehicle rental company offering rent-to-buy car service for private clients.
- Mentornaut — Mentornaut is a new online tutoring platform is aiming to increase inclusion in personalized education and counts Super angel, United Angels VC, and a list of EdTech advocates like Bolt co-founder Martin Villig, and Clanbeat co-founder Kadri Tuisk among its investors.
- StudentFinance — Catapult your career with leading re-skilling and up-skilling bootcamps. Study now and pay us back once you land a job & start earning!
karma.vc is an early stage venture capital fund focusing on seed and early stage technology companies in Europe.
Show more...Investment focus
- Industry: Software, Artificial Intelligence, FinTech
- Stage:Series A, Seed, Series B
- Geography: Estonia, United States, Finland
Investor stats
- Total investments: 48
- Round size: Seed $549k–$6.1M; Series A $4.4M–$16M; Series B $2.8M–$30M
- Lead/follow: 58% lead, 42% follow
- Last fund: Likely still investing — raised $106M in 2021
Portfolio highlights
- Minut — Minut keeps your home safe and your neighbors happy while respecting your guests' privacy. Monitor noise and occupancy, secure your home, and enhance guest experience. Only Minut gives you the full insight you need to protect your homes, all in one single sensor.
- Commsignia — Trust for the road ahead.
- WunderGraph — Build supergraphs from any API across teams. Ship fast with governance and control. The complete open-source GraphQL Federation stack with Hub and Cosmo.
TMT Investments PLC invests in high-growth technology companies across a number of core specialist sectors and has a significant number of Silicon Valley investments in its portfolio. Founded in 2010, TMT has invested in over 65 companies to date. The Company’s objective is to generate an attractive rate of return for shareholders,predominantly through capital appreciation. The Company is traded on the AIM market of the London Stock Exchange. www.tmtinvestments.com.
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- Industry: Software, SaaS, Social Media
- Stage:Seed, Series A
- Geography: United States, Estonia, United Kingdom
Investor stats
- Total investments: 103
- Round size: Seed $250k–$5M; Series A $1.5M–$10M
- Lead/follow: 31% lead, 69% follow
- Last fund: May invest from a new fund soon — raised $60M in 2017
Portfolio highlights
- Enty — Fully online company setup with built-in accounting, invoicing, and expert support. Enty keeps your business compliant and running smoothly from day one.
- Global Work — Explore 500k+ verified remote, hybrid, and local jobs worldwide. Find your ideal role, compare opportunities, and apply on globalwork.ai!
- Mobilo Card — Share your contact details with a tap. The best digital business card for teams. This is a real business card, no app. The best and cheapest digital business card.
Trind VC is a founder-first venture capital firm investing in early-stage consumer startups across Europe. We back ambitious teams, help them grow, and stay by their side through every stage of the journey.
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- Industry: Software, Information Technology, SaaS
- Stage:Seed, Series A
- Geography: Finland, Estonia, Spain
Investor stats
- Total investments: 36
- Round size: Seed $549k–$4.9M; Series A $5.5M–$15M
- Lead/follow: 44% lead, 56% follow
- Last fund: May invest from a new fund soon — raised $27M in 2018
Portfolio highlights
- Mjuk — Marketplace for pre-owned, unique design furniture
- Webel — Webel is an on demand Home Services Marketplace (cleaning, nannies, tutors...) where clients can search, book, compare, pay and review these services. Thanks to a deep analysis of the current methods for hiring these services and the competition outlook, we have created a unique and revolutionary business model that will outperform the market.
- Xceed — Go out and live the best night events, parties & festivals at top clubs, bars and restaurants from around the world. Guest lists, tickets & VIP bottle service.
I am a serial entrepreneur and angel investor with 15+ years of international experience in sales & marketing, leading teams of 300+ with annual revenue of 10M+. Founder of 3 international companies and investor to 10+ startups. Member of the board at Estonian Business Angels Network.
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- Industry: Software, Automotive, Internet of Things
- Stage:Seed, Pre-Seed, Equity Crowdfunding
- Geography: Estonia, United States
Investor stats
- Total investments: 13
- Round size: Seed $488k–$1.3M; Pre-Seed $71k–$549k; Equity Crowdfunding $168k–$2.7M
- Lead/follow: 31% lead, 69% follow
Portfolio highlights
- Askly — Add multilingual chat to any site in 2 minutes. Providing multilingual customer support is easy and affordable. Start a 30-day free trial today.
- Snabb — Barking delights vehicle owners by enabling services such as parking, washing, charging, and fuelling from one user-friendly and convenient interface- the Barking App. Browse, book, navigate, start, pay, review and manage your vehicle services from one easy-to-use App.Founded in 2015, we've grown from a Tallinn-based private parking App toan international platform that serves over 50,000 users in 10 markets on a monthly basis.We are constantly working towards connecting all vehicle service providers to our platform and thus enabling the ultimate convenience and simplicity to vehicle owners.
- Promoty — Influencer marketing platform that helps you to find creators, manage influencer relationships, and save time on influencer marketing. Get started here!
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!LIFT99 is a coworking hub and network of startup founders in Tallinn, Estonia, and Kyiv, Ukraine. In 2018, we launched our Skillsharing Platform for founders around the world.
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- Industry: Software, Information Technology, Legal
- Stage:Pre-Seed, Seed, Series A
- Geography: Estonia, United Kingdom, El Salvador
Investor stats
- Total investments: 10
- Round size: Seed $800k–$1.1M; Pre-Seed $300k–$1.5M; Series A $7.7M–$12M
- Lead/follow: 20% lead, 80% follow
Portfolio highlights
- Modash.io — High performing marketing teams use Modash to find, analyze and monitor influencers at scale all over the world. Join them today.
- AXDRAFT — Automate contracts with AXDRAFT.
- Legal Nodes — Offload your legal tasks to a virtual legal department and get on with running your business. Get started with the Legal Nodes platform for free.
Martin Henk is the Co-founder of Pipedrive.
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- Industry: Software, SaaS, Information Technology
- Stage:Pre-Seed, Seed, Angel
- Geography: Estonia, United States, United Kingdom
Investor stats
- Total investments: 19
- Round size: Seed $371k–$5.5M; Pre-Seed $300k–$2.1M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Baserow — Discover Baserow, the open-source no-code platform for building databases and applications. No code or technical skills needed. Start creating for free today!
- Breyta — Gather all your qualitative data and our AI assistant transcribes, analyses and delivers you accurate product insights and patterns at scale in seconds.
- SegmentStream — SegmentStream is a data intelligence platform which helps collect and unify from different data sources into own data warehouse for advanced analytics and attribution. Our solution is trusted by leading brands such as Benetton, Nespresso, New Balance, myToys, Eventim Group, and others.
Gorilla Capital helps ambitious startups grow with smart funding and support. Discover how our team invests in early-stage companies.
Show more...Investment focus
- Industry: Software, SaaS, Information Technology
- Stage:Pre-Seed, Seed, Series A
- Geography: Finland, Sweden, Estonia
Investor stats
- Total investments: 61
- Round size: Seed $274k–$549k; Pre-Seed $149k–$680k; Series A $2.6M–$5.5M
- Lead/follow: 74% lead, 26% follow
Portfolio highlights
- DealGuru — DealGuru is a stealth startup in a ecommerce space.
- Upsy Company — Join Zotabet Casino today to enjoy special benefits and an amazing gaming environment with a wide range of slots!
- Pandatron — With clients like SAP, Universal Pictures & Skanska, Pandatron is a startup that supports change management. We do it by scaling AI-driven coaching 1-on-1s to every employee, which also allows us to measure change.
Experienced startup marketer. Co-founder and CEO of Outfunnel. Skype and Pipedrive alumni. Angel investor.
Show more...Investment focus
- Industry: Software, Apps, Internet
- Stage:Seed, Pre-Seed
- Geography: Estonia, United Kingdom, Cyprus
Investor stats
- Total investments: 11
- Round size: Seed $100k–$2.7M; Pre-Seed $830k–$2.3M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Klaus — Klaus is a conversation review tool that improves customer service quality by making internal feedback easy and systematic. It also integrates with your help desk, good for improving the quality of answers and on-boarding new agents. They also connect to your favorite help desk solution and saves time on fumbling around with spreadsheets and comingup with the review system.Klaus is based in Tallinn, Estonia.
- SegmentStream — SegmentStream is a data intelligence platform which helps collect and unify from different data sources into own data warehouse for advanced analytics and attribution. Our solution is trusted by leading brands such as Benetton, Nespresso, New Balance, myToys, Eventim Group, and others.
- Jälle Technologies — Jälle Technologies create advanced recycling technologies that transform battery waste into high-value resources.
Kaarel Kotkas is a Co-Founder and CEO at Veriff.
Show more...Investment focus
- Industry: Software, Gaming, 3D Technology
- Stage:Seed, Series A, Angel
- Geography: Estonia, United Kingdom
Investor stats
- Total investments: 8
- Round size: Seed $587k–$2.7M; Series A $13M–$13M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Yaga — Yaga is designed for everyone who wants to sell items online in a convenient and secure manner.
- Yera — Improve quality of support, sales, on-time delivery, time tracking and more. The only fully automated all-in-one engagement & reward system for teams. Results in just 30 days (or less).
- Yera — Visualize agent performance. Gamify work and plant real trees. High-growth companies use Yera to empower their agents, improve KPIs, and reduce their carbon footprint. Agents can deliver their best work, feel motivated, and help save the planet.
Timo Rein - Co-Founder @ Pipedrive
Show more...Investment focus
- Industry: Software, Recruiting, Human Resources
- Stage:Seed, Angel, Convertible Note
- Geography: Estonia, Finland, United Kingdom
Investor stats
- Total investments: 10
- Round size: Seed $280k–$1.2M
- Lead/follow: 30% lead, 70% follow
Portfolio highlights
- YuMuuv — YuMuuv is an employee wellness platform that uses science-based formulas to capture data and keeps track of physical activity & leaderboard.
- Antegenes — Antegenes’ novel genetic tests assess a patient’s personal cancer risks, and include clinical recommendations for personalized cancer prevention. The tests are based on innovative polygenic risk score technology which helps to clarify a person’s genetic predispositions to cancer. It therefore allows for more accurate prevention and early detectionmeasures – crucial in the fight with cancer. The tests are currently being used to determine the genetic risk for four cancers: breast cancer, prostate cancer, colon cancer, and skin melanoma.
- Bidrento — One powerful platform for your entire portfolio. The leading property and tenant management software. Scale your operations and maximize your profit with Bidrento. Try it already today!
Taavet Hinrikus is based out of London, England and is the Partner of Plural Platform and Board Member of CoMind. Taavet previously worked at Wise as a Chairman and Co-founder. Taavet Hinrikus attended INSEAD.
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- Industry: FinTech, Software, Financial Services
- Stage:Seed, Series A, Series B
- Geography: United Kingdom, United States, Estonia
Investor stats
- Total investments: 125
- Round size: Seed $1M–$7.9M; Series A $7M–$47M; Series B $23M–$52M
- Lead/follow: 15% lead, 85% follow
Portfolio highlights
- Juro — Juro is an all-in-one contract automation platform that helps legal and business users to agree & manage contracts in one unified workspace.
- Meatable — Meatable is a food production company that produces real and guilt-free meat. With one cell, they are revolutionizing the meat industry's impact on climate change and animal welfare. At the same time they increase food security, without compromising the culinary experience of eating tasty, real meat. They aim to satisfy the world'sappetite for meat without harming people, animals, and the planet.It was founded in 2018 and is headquartered in Delft, South Holland, The Netherlands.
- Skeleton Technologies — Skeleton Technologies is the global leader in ultracapacitor & supercapacitor energy storage and helps companies in automotive, transportation, grid, and industry to save energy.
Founded in 1997, Earlybird is a pan-European VC investor backing tech-enabled companies and investing in their growth and development. Funds include Earlybird, Earlybird Health, Growth Opportunities.
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- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Series A, Seed, Series B
- Geography: Germany, United States, United Kingdom
Investor stats
- Total investments: 318
- Round size: Seed $1.2M–$12M; Series A $3.5M–$34M; Series B $5M–$91M
- Lead/follow: 46% lead, 54% follow
- Last fund: Likely still investing — raised $190M in 2024
Portfolio highlights
- Getsafe — Manage your insurance effortlessly in one app and get rewarded with Safepoints when you stay safe.
- Payable — Scale your business with our payment operations API and dashboard. Track, reconcile and make payments instantly.
- Nosh Biofoods — We create nutritional and highly functional proteins from non-GMO fungi. Our proprietary ferementation process is minimal, scalable, and sustainable.
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.
Show more...Investment focus
- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Pre-Seed, Seed, Grant
- Geography: Estonia, Latvia, Lithuania
Investor stats
- Total investments: 23
- Round size: Seed $1M–$6.5M; Pre-Seed $340k–$1.2M
- Lead/follow: 13% lead, 87% follow
Portfolio highlights
- Hopted — Connect Amazon Seller Central, Vendor Central, and Ads to Google Sheets. Automate live reports, replace CSVs, and safely bulk-update listings from Sheets.
- Traxlo — We are at the technology and retail industries intersection. Our longtime experience in the industry taught us that only the right innovation has the potential to make a positive impact. Thus we aim to make our solutions as seamless as possible to be able to add only benefits to every worker who uses our apps and to every retail store manager whohas lots on her plate, day in, day out.
- 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.
Passion Capital is a partnership of entrepreneurs and operators who are applying our experiences to helping founders and early-stage teams build great digital media/technology companies. We are committed to fostering an ecosystem of technology, collaboration and executional excellence in Europe, and we believe that the criticaldifferentiator and key asset of a successful business is the passion and ability of its founders. We take pride in the calibre and success of all of our founders and teams including but nowhere near limited to GoCardless, Tray.io, Mendeley, Digital Shadows, Adzuna, Smarkets, Ravelin, Tide, Marshmallow, Butternut Box, PolyAI, Lendable and Monzo Bank
Show more...Investment focus
- Industry: Software, FinTech, Financial Services
- Stage:Seed, Series A, Series B
- Geography: United Kingdom, United States, Germany
Investor stats
- Total investments: 168
- Round size: Seed $573k–$6.5M; Series A $2.3M–$14M; Series B $6.3M–$40M
- Lead/follow: 25% lead, 75% follow
- Last fund: Likely actively investing — fund raised in 2025
Portfolio highlights
- Lassie — Lassie is the first proactive and preventive pet insurance company that wants to help pet owners take better care of their pets
- Secondmind — Helping automotive engineers design better cars, faster.
- Sequence — Dynamic billing and collections to scale your B2B Company from seed to IPO
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!More than just a business angel network Building synergy between startups and angel investors EstBAN is member led organisation committed to finding, funding and mentoring ambitious young companies from pitch through to a successful exit. About estban Latest news Created with Fabric.js 3.5.0 All news For investors Get access to quality pre-selected internationaldeal-flow, and be
Show more...Investment focus
- Industry: Software, Information Technology, Manufacturing
- Stage:Seed, Pre-Seed, Angel
- Geography: Estonia, Latvia, Lithuania
Investor stats
- Total investments: 14
- Round size: Seed $600k–$2.6M; Angel $212k–$1M; Pre-Seed $197k–$1.2M
- Lead/follow: 43% lead, 57% follow
Portfolio highlights
- Esgrid — Esgrid provides value-chain sustainability management solutions to medium-sized businesses and financial institutions.
- SafePAS — Discover portable lab-grade analyzers that offer precision wherever you need it. With cutting-edge technology, we deliver lab-grade precision and cost-effective solutions for drug detection and soil analysis.
- Jeff — Jeff is a personalized loan broker that matches borrowers and lenders through alternative data. Jeff's mission is to help the unbanked to access financial services. In the absence of credit history and bank transactions, Jeff gathers alternative data from sources like smartphones, social media, behavioral patterns, geolocation, and other typesof digital footprint.Jeff then puts this information to good use and find ways on how alternative data points can prove creditworthiness and build trust, building new ways of accessing financing and evolving an alternative credit score.The company was founded in 2019 and is located in Riga, Latvia.
Alvar Lumberg - CTO, co-founder @ Grünfin
Show more...Investment focus
- Industry: Software, Information Technology, SaaS
- Stage:Seed, Pre-Seed
- Geography: Estonia
Investor stats
- Total investments: 8
- Round size: Seed $587k–$2.4M; Pre-Seed $533k–$2.2M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Esgrid — Esgrid provides value-chain sustainability management solutions to medium-sized businesses and financial institutions.
- Supersimple — Supersimple helps SaaS companies use customer behavior data to drive decisions in product & sales.
- ScamGuardian.AI — Providing Actionable Intelligence to Stop Scams
Ahti is the CEO, CTO and co-founder in Starship Technologies, a startup that intends to disrupt last-mile delivery by introducing self-driving local delivery robots. He is also a co-owner in Ambient Sound Investments, a private investment vehicle launched by Estonian Skype co-founders.Ahti conducts technical reviews of all ASI's potentialinvestments. His experience and knowledge as a system architect is invaluable in assessing and managing ASI's portfolio companies.Ahti picked up programming at the early age of ten, his fascination with all things technical resulting in him being the lead technical architect at Skype. Ahti has also worked on artificial intelligence, 3D graphics engines, signal processing, and building mobile phones.Out of the office, Ahti dons his running gear to enjoy orienteering and adventure racing events, where navigation is his strong-point.
Show more...Investment focus
- Industry: Apps, Internet, Software
- Stage:Seed, Angel, Series A
- Geography: Estonia, United States
Investor stats
- Total investments: 7
- Round size: Seed $90k–$2.3M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Fleep — Fleep is a web, Android, iOS, Mac and Windows app that wants to bridge the gap between ‘reply all’-style group email and enterprise messaging/IM services.Founded by ex-Skypers, Fleep is a messaging service that fills the gap between email and various IM/texting services. They take email’s ability to contact anyone and marry it withreal-time messaging.They are based in Estonia, with offices in Tallinn and Tartu. Their services are hosted on Amazon EC2 in Dublin, Ireland.
- LIFT99 — LIFT99 is a coworking hub and network of startup founders in Tallinn, Estonia, and Kyiv, Ukraine. In 2018, we launched our Skillsharing Platform for founders around the world.
- Swap.com — Swap is an online consignment and thrift store shop high-quality secondhand clothes. Shop the best brands at up to 90% off.
Backing great companies when they're tiny
Show more...Investment focus
- Industry: Software, Artificial Intelligence, Information Technology
- Stage:Seed, Pre-Seed, Series A
- Geography: United Kingdom, Germany, United States
Investor stats
- Total investments: 129
- Round size: Seed $1.5M–$6.4M; Pre-Seed $750k–$3M; Series A $9.8M–$27M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Genie — Genie is a provider of a Shopify inventory management solution for fast-growing merchants.
- Serve First — Serve First is an AI customer experience platform that turns real-time feedback into insights, helping drive smarter business decisions.
- Massive Dynamic — Specialized AI to orchestrate complex cross-channel advertising
We see a bright future of blockchain-based technologies.
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- Industry: Blockchain, Cryptocurrency, FinTech
- Stage:Seed, Pre-Seed
- Geography: Estonia, France, Austria
Investor stats
- Total investments: 9
- Round size: Seed $900k–$3.5M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Swipelux — Increase your revenue and improve compliance with one toolkit.
- Blockmate — Connect millions of crypto users to your app with a single API
- Teneo Protocol — Teneo Protocol is a decentralized physical infrastructure network (DePIN) initiative.
Ott Kaukver is Chief Technology Officer at Checkout.com. Attended Estonian Business School.
Show more...Investment focus
- Industry: Software, Financial Services, SaaS
- Stage:Series A, Seed, Pre-Seed
- Geography: Estonia, United States, United Kingdom
Investor stats
- Total investments: 29
- Round size: Seed $2M–$5.4M; Pre-Seed $397k–$2.2M; Series A $8.5M–$26M
- Lead/follow: 3% lead, 97% follow
Portfolio highlights
- NFTPort — Simple & powerful NFT infrastructure and APIs. Mint NFTs, deploy contracts, get multi-chain NFT data and enhanced APIs. Grab your free API Key now: nftport.xyz
- Askel.ai — Askel.ai elevates SaaS with embedded AI automation.
- Propel — Easily build in-product analytics powered by large-scale data. Propel's serverless GraphQL API makes building and running data products seamless.
Ambient Sound Investments (ASI) was established in 2003 as an equal partnership by four founding engineers at Skype to hold a minority stake in Skype. At the end of 2005 ASI sold its Skype shares to eBay and now operates as a private investment vehicle.
Show more...Investment focus
- Industry: Internet, Software, E-Commerce
- Stage:Seed, Series A
- Geography: Estonia, United States, United Kingdom
Investor stats
- Total investments: 30
- Round size: Seed $200k–$3.7M; Series A $527k–$3.7M
- Lead/follow: 23% lead, 77% follow
Portfolio highlights
- Cgates — Cgates is largest independent pay TV and internet service provider. It provides digital and interactive television, fibre-optic broadband internet and fixed telephony to subscribers across the country. The company was founded in 1991 and has developed into a leading telecom operator via numerous acquisitions and organic growth. Investor consortiumled by Livonia Partners acquired a significant minority stake in September 2017 to support growth of the company and further network and technology upgrades.
- Pomelo Fashion — Shop the latest fashion at POMELO fashion. Designed and manufactured in house for quality and style. Dresses, tops, knits, jackets, denim, accessories and more!
- Ampler Bikes — Ampler is a light electric bike for everyone who seeks freedom and adventure in their daily routines and commutes. No heavy batteries, bulky screens or other clutter. We combine modern technology with a traditional bicycle design to make pedalling easier, lighter and faster. Our vision is to offer emotive zero-emission commuting for everyone.Since 2016, Ampler has grown from a small bicycle startup into a committed e-bike company with a large international team and showrooms in Berlin, Cologne, Amsterdam, Zurich and Tallinn. Our lightweight e-bike models Curt, Stout and Stellar have won multiple awards and are being used every day by over 10,000 happy riders all over Europe.Our team spirit, mission, values and production principles are still the same as on the early days of Ampler. All our bikes are designed with the highest attention to details and are hand-assembled in our factory in Tallinn, Estonia.
USF originally set up to promote the development of the local startup ecosystem and today is the largest local angel investor with already 130 funded startups and the most extensive startups database and stakeholders (over 3,000 applications).
Show more...Investment focus
- Industry: Software, Information Technology, SaaS
- Stage:Pre-Seed, Seed, Grant
- Geography: Ukraine, United States, Estonia
Investor stats
- Total investments: 77
- Round size: Seed $50k–$50k; Grant $11k–$50k; Pre-Seed $25k–$50k
- Lead/follow: 90% lead, 10% follow
Portfolio highlights
- FluxHR — FluxHR is an AI-Based recruiting platform for video interviews.
- Svitylo — Svitylo is a integrated education system that provides knowledge and multimedia educational tools.
- Wolk — Wolk is an AI application that performs candidate screening and early interviews that helps to find fast performers.
Independent wealth management company devoted to handling the investments and personal needs of wealthy individuals
Show more...Investment focus
- Industry: SaaS, Commercial Real Estate, B2B
- Stage:Pre-Seed
- Geography: Estonia, United States
Investor stats
- Total investments: 5
- Round size: Pre-Seed $27k–$549k
- Lead/follow: 20% lead, 80% follow
Portfolio highlights
- Remato — Remato is all-in-one & mobile-first platform to seamlessly manage projects, people and assets. Budget estimating & task planning, field communications & work tracking, real-time overview & automated reports.
- Moderan — Moderan is an online software for commercial real estate lease lifecycle management and asset reporting. So easy, any team can start using it in a day. Get your lease and property information organised. Save time with automated reports and make sure no deadline is missed.
- VideoCV.io — Spend less time reading stacks of resumes, and more time on finding the best fit for your company. VideoCV helps you increase your hiring productivity by streamlining your talent management processes.
Mapleblock Capital is an investment firm that exclusively consults and invests in crypto-assets and blockchain companies. It was founded in 2017 and is headquartered in Delhi, India.
Show more...Investment focus
- Industry: Blockchain, Gaming, Cryptocurrency
- Stage:Seed, Series A
- Geography: Singapore, United States, Estonia
Investor stats
- Total investments: 40
- Lead/follow: no public data
Portfolio highlights
- Rena Labs — Rena was creating the execution environment (TEE) abstraction Layer, designed to streamline deployment and execution workflows. This innovation aimed to enable a broad spectrum of verifiable AI use cases by providing a secure and efficient framework. Rena’s approach bridged the gap between advanced AI applications and the need for trusted, seamlessexecution, offering a foundation for reliability and scalability in AI-driven solutions.
- Cookie3 — Cookie3 is an AI-driven MarketingFi platform bridging Web2 and Web3 by providing comprehensive analytics spanning off-to-on-chain data, applied across 12+ EVM blockchains to enhance user journey tracking, attribution, and campaign ROI. It includes tools like analytics dashboards, CRM, campaign manager, affiliate marketplace, reputation scoring, andan airdrop shield; all unified by its token and Cookie DAO for governance and user rewards. It empowers campaigns with AI insights, fraud protection, and a transparent, incentivized marketing economy.
- Cluster Protocol — Cluster Protocol is the co-ordination layer for AI agents, a carnot engine fueling the AI economy making sure the AI developers are monetized for their AI models and users get an unified seamless experience to build that next AI app/ agent within a virtual disposable environment facilitating the creation of modular, self-evolving AI agents.
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822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!LD Capital is one of Asia's earliest organizations focusing on value investing in blockchain field. Owing to industrial resource advantages and professional investment research teams, LD Capital has successively discovered and invested in projects such as Qtum, Vechain and Eos which all achieved over 100 times return.Their teams spread overChina, the United States, Europe, Singapore, Japan, and South Korea, and have accumulated rich experience in areas of traditional internet, Fintech, and advanced blockchain technology. They are committed to the globalization of blockchain and quality investment in the entire industry.LD Capital focuses on blockchain innovation projects within finance, games, content publishing, Internet of Things and other circuits, and we have been propelling broad layout of blockchain technology and infrastructure construction to facilitate the comprehensive development of the global blockchain ecosystem.
Show more...Investment focus
- Industry: Blockchain, Cryptocurrency, Gaming
- Stage:Seed, Initial Coin Offering
- Geography: United States, Singapore, United Kingdom
Investor stats
- Total investments: 163
- Round size: Seed $1.4M–$10M; Initial Coin Offering $1.2M–$9.5M
- Lead/follow: 9% lead, 91% follow
- Last fund: Likely still investing — fund raised in 2022
Portfolio highlights
- Intmax — INTMAX has developed significant innovations in ZK implementation making it a unique Layer2 rollup network that offers low cost, security, tunable privacy, and above all, scalability.
- Joystream — Joystream is a block chain-based, decentralized video platform.
- Konnex World — Konnex is building the decentralized coordination, verification, and payment layer for autonomous robots. Powered by Large Behavioral Models and Proof-of-Physical-Work, it connects machines into a single global network where robots can understand, collaborate, and transact.
We advise, invest and build with the best entrepreneurs in Web3.
Show more...Investment focus
- Industry: Blockchain, Cryptocurrency, Software
- Stage:Seed, Series A
- Geography: United States, Singapore, United Kingdom
Investor stats
- Total investments: 199
- Lead/follow: no public data
Portfolio highlights
- CLST — Buy & sell Bitcoin and cryptos with our easy and seamless Uncollateralized lending. Tust the world's finest crypto borrowing, trading or exchange platform
- Solana — Solana is the high performance network powering internet capital markets, payments, and crypto applications. Fast. Decentralized. Scalable. Energy efficient. Solana can power thousands of transactions per second.
- Perion — Win Crypto Questing in AAA Games.
Peep Vain is the Private Investor at Vain and Partners. He attended Bentley University.
Show more...Investment focus
- Industry: Software, Genetics, Recruiting
- Stage:Seed, Angel
- Geography: Estonia
Investor stats
- Total investments: 5
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Antegenes — Antegenes’ novel genetic tests assess a patient’s personal cancer risks, and include clinical recommendations for personalized cancer prevention. The tests are based on innovative polygenic risk score technology which helps to clarify a person’s genetic predispositions to cancer. It therefore allows for more accurate prevention and early detectionmeasures – crucial in the fight with cancer. The tests are currently being used to determine the genetic risk for four cancers: breast cancer, prostate cancer, colon cancer, and skin melanoma.
- Bisly — Bisly Scalable Building Automation reduces the overhead for building professionals and makes energy saving easy and affordable.
- Bidrento — One powerful platform for your entire portfolio. The leading property and tenant management software. Scale your operations and maximize your profit with Bidrento. Try it already today!
Mikko is an active investor, with over 50 investments globally. Besides Europe, he is also active in Southeast Asia, Middle East, and Lat Am. He is the first investor of Bolt (Estonia), an investor of Rappi (Colombia), and of Hugo (El Salvador). He has founded 3 international media companies which in total have generated over €35M in sales overjust a few years. He has helped companies with internationalization, fundraising and M&As in Asia, Europe and the Middle East.
Show more...Investment focus
- Industry: E-Commerce, Software, Transportation
- Stage:Pre-Seed, Seed, Angel
- Geography: Estonia, Finland, United States
Investor stats
- Total investments: 18
- Round size: Seed $191k–$4.3M; Angel $37k–$111k; Pre-Seed $230k–$2M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Corner Renovation — Volume Hiring AI Automator
- Awesomic — Get matched with the best-fit designer on a fixed budget with no stress. Place a design task and see the first results on the next business day. Start today!
- Montonio — 10x lower fees and the most customer-friendly financing solution.
.Cocoon | Hubs | Investments
Show more...Investment focus
- Industry: Software, Apps, SaaS
- Stage:Seed, Angel, Series A
- Geography: Estonia, Finland, Germany
Investor stats
- Total investments: 7
- Round size: Seed $955k–$2.1M
- Lead/follow: 14% lead, 86% follow
Portfolio highlights
- Speakly — SPEAKLY is a powerful language learning tool
- Timbeter — Digital supply chain management for timber. Our Timber Resource Planning ensures that the forestry industry & governments increase sustainability, efficiency and transparency
- Ready Player Me — The Ready Player Me platform leverages AI, ML , and a suite of developer-first tools to empower developers to integrate avatars into their games and apps to launch faster, improve user adoption, and grow revenue through asset monetization.
We're a Prague-based VC firm investing in fast growing tech companies and empowering talented startup founders from Central and Eastern Europe.
Show more...Investment focus
- Industry: SaaS, Software, Information Technology
- Stage:Seed, Pre-Seed, Series A
- Geography: Czech Republic, United States, Estonia
Investor stats
- Total investments: 80
- Round size: Seed $713k–$2.7M; Pre-Seed $132k–$1.4M; Series A $3.8M–$32M
- Lead/follow: 51% lead, 49% follow
- Last fund: Likely actively investing — fresh fund, raised $159M in 2024
Portfolio highlights
- Corn — Corn is a new Ethereum Layer 2 network that aims to be the best platform for utilizing Bitcoin.
- PilotGo — Developer platform for secure data sharing with multiple partners powered by Digital Twins.
- The New Era® of Shopping — The New Era® of Shopping helps merchants make their catalogues discoverable and shoppable inside AI assistants. Key features of the platform include two-way catalog syncing with PIMs/ERPs, SKU-level intelligence to measure AI visibility and ranking of products inside LLM responses, user prompts analysis for trends and volume insights, andautomated content optimization to improve how products rank in conversational answers. The product is already integrated with all major eCommerce platforms like Shopify, WooCommerce, Magento, BigCommerce, Wix, etc, as well as main AI discovery platforms: ChatGPT, Gemini, Claude, Google AI Mode, and Perplexity.
We are here to make you succeed! Iron Wolf Capital is an international venture capital firm with an experienced team of professionals with global outlook and strong roots in the Baltics. and a mandate for helping entrepreneurs realise their ideas into successful businesses.
Show more...Investment focus
- Industry: Software, Information Technology, SaaS
- Stage:Seed, Series A, Pre-Seed
- Geography: Lithuania, Estonia, United Kingdom
Investor stats
- Total investments: 38
- Round size: Seed $329k–$2.6M; Pre-Seed $120k–$965k; Series A $4.7M–$7.1M
- Lead/follow: 55% lead, 45% follow
- Last fund: Likely still investing — fund raised in 2023
Portfolio highlights
- Copla — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
- UFORCE — UFORCE is a defence technology business that specialises on combat-proven unmanned systems for air, ground, and marine operations.
- CyberUpgrade — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
Backing great companies when they're tiny
Show more...Investment focus
- Industry: Software, Artificial Intelligence, Information Technology
- Stage:Seed, Pre-Seed, Series A
- Geography: United Kingdom, Germany, United States
Investor stats
- Total investments: 160
- Round size: Seed $1.2M–$6.5M; Pre-Seed $750k–$3.2M; Series A $7M–$170M
- Lead/follow: 2% lead, 98% follow
Portfolio highlights
- YuLife — Meet YuLife - the all-in-one platform for group insurance, employee benefits, wellbeing, engagement, and global rewards your people love and actually use.
- LabGenius — Finding the next generation of drugs with machine learning, synthetic biology and laboratory automation
- Flow Engineering — Requirements management, made collaborative
founder at Voog.
Show more...Investment focus
- Industry: Information Technology, Software, Transportation
- Stage:Seed, Angel, Pre-Seed
- Geography: Estonia, Pakistan, Bangladesh
Investor stats
- Total investments: 9
- Round size: Seed $100k–$318k; Angel $100k–$500k; Pre-Seed $2M–$2.2M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Jatri — Jatri is a public transport journey planner, digital ticketing and mobility marketplace, driving productivity by helping drivers to offer reliable transport to the commuters through our state-of-the-art technology.
- FoodDocs — FoodDocs digital Food Safety Management System makes compliance easy so you can grow your business, cut labour costs, and boost operational efficiency.
- Detail — Record and edit videos with Detail for iOS and macOS. Everything you need to create videos and podcasts, fast. Download for free on the App Store.
RubyLight is experienced tech entrepreneurs that founded a new technology investment fund in 2010.Their passion is to help fast growing internet and mobile startups to scale and expand globally. Social media, content sharing, communications, and crowd sourcing are their favorite areas of investment.RubyLight offers startups its professionaltech team, proprietary technology, and financial funding to help young companies scale up and expand globally much faster than their competitors.
Show more...Investment focus
- Industry: Apps, Mobile, E-Commerce
- Stage:Seed, Series A, Pre-Seed
- Geography: Estonia, Germany, United Kingdom
Investor stats
- Total investments: 10
- Lead/follow: no public data
Portfolio highlights
- Yaga — Yaga is designed for everyone who wants to sell items online in a convenient and secure manner.
- Yaga SA — Yaga is an online selling and shopping platform for new and preloved fashion. Buy preloved clothing safely or open your own shop and sell. Find unique second hand clothes, earn extra money and help save the Planet.
- Peerby — Borrow and rent goods from others nearby - affordable, convenient and green. Tools, bikes, party equipment, electronics and more. Try it now.
SaaS Investor funding in Estonia at a glance
Stats across 92 deals from 132 investors.
Access all 132 investors in Estonia SaaS startups.
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