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
|
29 | 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 |
|
Prototron
VC Fund
|
17 | Estonia, Finland, Germany | Pre-Seed, Grant, Seed | Software, Manufacturing, Internet of Things | $3k–$27k |
|
Lemonade Stand
VC Fund
|
17 | Estonia, Lithuania, India | Seed, Pre-Seed | Software, Artificial Intelligence, FinTech | $227k–$3M |
|
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, Ukraine, United States | Seed, Pre-Seed | Information Technology, Software, SaaS | $110k–$6M |
|
Kristjan Vilosius
Angel
|
9 | Estonia, United States, South Africa | Seed, Pre-Seed, Series A | Software, Information Technology, E-Commerce | $410k–$12M |
|
Trind Ventures
VC Fund
|
9 | Finland, Estonia, Spain | Seed, Series A | Software, Information Technology, SaaS | $549k–$15M |
|
Martin Tajur
Angel
|
9 | Estonia, Poland, Ukraine | Pre-Seed, Seed, Angel | Software, SaaS, Recruiting | $137k–$2.7M |
|
Karma Ventures
VC Fund
|
9 | Estonia, United States, Finland | Series A, Seed, Series B | Software, Artificial Intelligence, FinTech | $549k–$30M |
|
Markus Villig
Angel
|
9 | Estonia, United States, United Kingdom | Seed, Pre-Seed, Angel | Software, Information Technology, FinTech | $230k–$3.5M |
|
Martin Villig
Angel
|
8 | Estonia, Spain, South Africa | Seed, Angel, Pre-Seed | Software, FinTech, Education | $111k–$6M |
|
Sten Tamkivi
Angel
|
8 | Estonia, United States, United Kingdom | Seed, Series A, Pre-Seed | Software, Artificial Intelligence, Manufacturing | $120k–$35M |
|
TMT Investments
VC Fund
|
8 | United States, Estonia, United Kingdom | Seed, Series A | Software, SaaS, Social Media | $250k–$10M |
|
Kristjan Raude
Angel
|
7 | Estonia, United States | Seed, Pre-Seed, Equity Crowdfunding | Software, Automotive, Internet of Things | $71k–$2.7M |
|
Gorilla Capital
VC Fund
|
7 | Finland, Sweden, Estonia | Pre-Seed, Seed, Series A | Software, SaaS, Information Technology | $149k–$5.5M |
|
Alvar Lumberg
Angel
|
7 | Estonia | Seed, Pre-Seed, Angel | Software, Information Technology, FinTech | $533k–$2.4M |
|
Andrus Purde
Angel
|
6 | Estonia, United Kingdom, Cyprus | Seed, Pre-Seed | Software, Apps, Internet | $100k–$2.7M |
|
EstBAN
VC Fund
|
6 | Estonia, Lithuania, Latvia | Seed, Pre-Seed, Angel | Software, Information Technology, Manufacturing | $197k–$2.6M |
|
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 |
|
BADideas.fund
VC Fund
|
6 | Estonia, Latvia, Lithuania | Seed, Pre-Seed, Grant | Software, Information Technology, Artificial Intelligence | $340k–$4.6M |
|
LIFT99
VC Fund
|
6 | Estonia, United Kingdom, El Salvador | Pre-Seed, Seed, Series A | Software, Information Technology, Legal | $300k–$12M |
|
Kaarel Kotkas
Angel
|
6 | Estonia, United Kingdom | Seed, Series A, Angel | Software, Gaming, 3D Technology | $587k–$13M |
|
Martin Henk
Angel
|
6 | Estonia, United States, United Kingdom | Pre-Seed, Seed, Angel | Software, SaaS, Information Technology | $300k–$5.5M |
|
Ahti Heinla
Angel
|
5 | Estonia, United States | Seed, Angel, Series A | Apps, Internet, Software | $90k–$2.3M |
|
Passion Capital
VC Fund
|
5 | United Kingdom, United States, Germany | Seed, Series A, Series B | Software, FinTech, Financial Services | $573k–$85M |
|
Earlybird Venture Capital
VC Fund
|
5 | Germany, United States, United Kingdom | Series A, Seed, Series B | Software, Information Technology, Artificial Intelligence | $1.4M–$75M |
|
Märt Kelder
Angel
|
4 | Estonia, Pakistan, Bangladesh | Seed, Angel, Pre-Seed | Information Technology, Software, Transportation | $100k–$2.2M |
|
Tiny Supercomputer Investment Company
VC Fund
|
4 | United Kingdom, Germany, United States | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, Information Technology | $750k–$170M |
|
Iron Wolf Capital
VC Fund
|
4 | Lithuania, Estonia, United Kingdom | Seed, Series A, Pre-Seed | Software, Information Technology, SaaS | $120k–$7.1M |
|
Ott Kaukver
Angel
|
4 | Estonia, United States, United Kingdom | Series A, Seed, Pre-Seed | Software, Financial Services, SaaS | $397k–$26M |
|
Contriber Ventures
VC Fund
|
4 | Estonia, Finland, Germany | Seed, Angel, Series A | Software, Apps, SaaS | $955k–$2.1M |
|
Mikko Silventola
Angel
|
4 | Estonia, Finland, United States | Pre-Seed, Seed, Angel | E-Commerce, Software, Transportation | $37k–$4.3M |
|
Ambient Sound Investments
VC Fund
|
4 | Estonia, United States, United Kingdom | Seed, Series A | Internet, Software, E-Commerce | $200k–$3.7M |
|
The Spartan Group
VC Fund
|
4 | United States, Singapore, United Kingdom | Seed, Series A | Blockchain, Cryptocurrency, Software | |
|
Superhero Capital
VC Fund
|
4 | Finland, Lithuania, Estonia | Seed, Pre-Seed | Software, Information Technology, Internet | $212k–$3.1M |
|
Presto Ventures
VC Fund
|
4 | Czech Republic, United States, Estonia | Seed, Pre-Seed, Series A | SaaS, Software, Information Technology | $132k–$32M |
|
Zenith Family Office
VC Fund
|
4 | Estonia, United States | Pre-Seed | SaaS, Commercial Real Estate, B2B | $27k–$549k |
|
Ukrainian Startup Fund
VC Fund
|
4 | Ukraine, United States, Estonia | Pre-Seed, Grant, Seed | Software, Information Technology, SaaS | $16k–$50k |
|
LD Capital
VC Fund
|
4 | United States, Singapore, United Kingdom | Seed, Initial Coin Offering | Blockchain, Cryptocurrency, Gaming | $1.2M–$10M |
|
Peep Vain
Angel
|
4 | Estonia | Seed, Angel | Software, Genetics, Recruiting | |
|
Token Ventures
VC Fund
|
4 | Estonia, France, Austria | Seed, Pre-Seed | Blockchain, Cryptocurrency, FinTech | $900k–$3.5M |
|
Mapleblock Capital
VC Fund
|
4 | Singapore, United States, Estonia | Seed, Series A | Blockchain, Gaming, Cryptocurrency | |
|
Tiny VC
VC Fund
|
4 | United Kingdom, Germany, United States | Seed, Pre-Seed, Series A | Software, Artificial Intelligence, Information Technology | $750k–$27M |
| Access all 891 investors in Estonia SaaS startups. | |||||
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822 industries, 177 countries. Updated daily. Emails and phones included.
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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: 68
- Round size: Seed $587k–$6.5M; Pre-Seed $241k–$2.2M
- Lead/follow: 35% lead, 65% follow
- Last fund: Likely still investing — raised $55M in 2022
Portfolio highlights
- AIATELLA — Automating medical image analysis
- Copla — Simplify cybersecurity compliance with automated workflows, audits, and risk management. Our expert CISO team tailors solutions to your organization's needs.
- Bilance — Bilance is a personal finance management app that helps you to track, analyze and plan your finances.
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: 122
- Round size: Seed $384k–$5.2M; Pre-Seed $106k–$1.3M; Series A $3.1M–$25M
- Lead/follow: 54% lead, 46% 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
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.
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.
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: 64
- Round size: Seed $500k–$4.5M; Pre-Seed $273k–$2.2M; Series A $1M–$33M
- Lead/follow: 55% lead, 45% 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: 65
- 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.
- Lightyear — Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers and fees.
- Blueprint Bryan Johnson — On the surface, Blueprint may seem something about health, wellness and aging. It's really a system to make tomorrow better for you, me, the planet and our shared future with AI.
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.
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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, Ukraine, United States
Investor stats
- Total investments: 33
- Round size: Seed $677k–$6M; Pre-Seed $110k–$2.2M
- Lead/follow: 12% lead, 88% follow
Portfolio highlights
- Shen.AI — Discover how Shen AI turns your smartphone into a health companion - no wearables, just powerful, camera-based health insights.
- 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.
- 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.
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.
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.
Show more...Investment focus
- Industry: Software, Information Technology, SaaS
- Stage:Seed, Series A
- Geography: Finland, Estonia, Spain
Investor stats
- Total investments: 40
- Round size: Seed $549k–$4.9M; Series A $5.5M–$15M
- Lead/follow: 43% lead, 57% follow
- Last fund: May invest from a new fund soon — raised $27M in 2018
Portfolio highlights
- 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.
- Wudpecker — Start the meeting prepared. End the meeting with perfect notes. Share it to every stakeholder. All in a seamless experience with Wudpecker.
- Sonarworks — SoundID Reference software calibrates your speakers and studio headphones, so you can trust that every mix will translate.
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.
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: 49
- Round size: Seed $549k–$4.4M; Series A $4.4M–$16M; Series B $2.8M–$30M
- Lead/follow: 59% lead, 41% 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.
- Wirepas — Wirepas offers a standards-based, ultra-reliable mesh connectivity for infrastructure-grade IoT. Proven in millions of devices worldwide.
- Commsignia — Trust for the road ahead.
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: 27
- 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
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!
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.
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- 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.
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: 105
- 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
- Backblaze — Backblaze is a pioneer in robust, scalable low cost cloud backup and storage services. Personal online backup to enterprise scale data storage solutions.
- Legionfarm — Legionfarm is a community of 5,000 pro players who lead 60,000 players while helping them with companionship, ranking, and yield farming. We are a Y Combinator backed company with a wide portfolio of AAA+ games, along with NFT and Metaverse games.
- Adwisely — Automate Facebook and Google ads for your Shopify store with AI. Get 6x ROAS. Trusted by 1,000+ Shopify brands. Install Adwisely and set up in minutes.
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!
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Browse database — It's Free!Gorilla Capital helps ambitious startups grow with smart funding and support. Discover how our team invests in early-stage companies.
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- Industry: Software, SaaS, Information Technology
- Stage:Pre-Seed, Seed, Series A
- Geography: Finland, Sweden, Estonia
Investor stats
- Total investments: 63
- Round size: Seed $274k–$1.3M; Pre-Seed $149k–$680k; Series A $2.6M–$5.5M
- Lead/follow: 73% lead, 27% follow
Portfolio highlights
- 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.
- Nordic Information Control — Inventering och klassificering av information, automatiskt med Nordic Information Control Platform. Automatic Regulatory compliance.
Alvar Lumberg
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- Industry: Software, Information Technology, FinTech
- Stage:Seed, Pre-Seed, Angel
- Geography: Estonia
Investor stats
- Total investments: 12
- 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.
- Fyma — Urban vision factory - turning cameras into sensors using AI-sight
- ScamGuardian.AI — Providing Actionable Intelligence to Stop Scams
Experienced startup marketer. Co-founder and CEO of Outfunnel. Skype and Pipedrive alumni. Angel investor.
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- 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
- 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.
- 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.
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
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- Industry: Software, Information Technology, Manufacturing
- Stage:Seed, Pre-Seed, Angel
- Geography: Estonia, Lithuania, Latvia
Investor stats
- Total investments: 16
- Round size: Seed $600k–$2.6M; Angel $212k–$1M; Pre-Seed $197k–$1.2M
- Lead/follow: 44% lead, 56% follow
Portfolio highlights
- 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.
- BrachyDOSE — BrachyDOSE - is a med-tech startup dedicated to solve radiation injuries that occur during the brachytherapy procedure. Our team consists of engineers and physicists experience in scientific research.
- MarkeDroid — MarkeDroid is Energy Orchestration Platform that helps installers and siteowners profit from turning traditional energy systems into AI-powered solutions.
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.
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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- Industry: Software, Information Technology, Artificial Intelligence
- Stage:Seed, Pre-Seed, Grant
- Geography: Estonia, Latvia, Lithuania
Investor stats
- Total investments: 27
- Round size: Seed $1M–$4.6M; Pre-Seed $340k–$1.2M
- Lead/follow: 11% lead, 89% follow
Portfolio highlights
- Tapaya — Tapaya is a fintech infrastructure company that provides payment acceptance software designed to turn any device into a payment terminal.
- Leya AI — Supercharging your English confidence is simple. Leya AI can help as your personal coach to make you confident faster! Just 10 minutes everyday and you'll learn English in no time.
- 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.
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.
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.
Martin Henk is the Co-founder of Pipedrive.
Show more...Investment focus
- Industry: Software, SaaS, Information Technology
- Stage:Pre-Seed, Seed, Angel
- Geography: Estonia, United States, United Kingdom
Investor stats
- Total investments: 20
- Round size: Seed $371k–$5.5M; Pre-Seed $300k–$2.1M
- Lead/follow: 0% lead, 100% follow
Portfolio highlights
- Vendis.ai — Vendis is the conversation layer for sales. Voice- and chat-first, it treats conversations as data, transforming multi-channel exchanges into autonomous updates and actions. Vendis captures voice, chat, email, meeting transcripts, and calendar data. Unlike CRMs built for management, not sales, it understands sales intents, detects risks, automatesworkflows, enriches data, and recommends next steps—an AI sales companion that understands you. Conversation in, pipeline out. Zero forms. More Deals.
- 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!
- 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.
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822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!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.
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: 171
- Round size: Seed $573k–$6.5M; Series A $2.3M–$14M; Series B $6.3M–$85M
- 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.
- Opensignal — Opensignal is the leading global provider of independent insights into network experience and market performance.
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: 328
- Round size: Seed $1.4M–$14M; Series A $4.4M–$35M; Series B $5M–$75M
- Lead/follow: 47% lead, 53% follow
- Last fund: Likely still investing — raised $190M in 2024
Portfolio highlights
- Hilo — Get stress-free readings round the clock with Hilo's clinically validated blood pressure monitor. Learn more
- Neuracore — Neuracore is a robot learning platform that helps to train robots and deploy intelligent behaviour.
- Nosh Biofoods — We create nutritional and highly functional proteins from non-GMO fungi. Our proprietary ferementation process is minimal, scalable, and sustainable.
founder at Voog.
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- Industry: Information Technology, Software, Transportation
- Stage:Seed, Angel, Pre-Seed
- Geography: Estonia, Pakistan, Bangladesh
Investor stats
- Total investments: 10
- 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.
Backing great companies when they're tiny
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- Industry: Software, Artificial Intelligence, Information Technology
- Stage:Seed, Pre-Seed, Series A
- Geography: United Kingdom, Germany, United States
Investor stats
- Total investments: 169
- Round size: Seed $1.2M–$7.3M; Pre-Seed $750k–$3.2M; Series A $7M–$170M
- Lead/follow: 2% lead, 98% follow
Portfolio highlights
- Along AI — Join our waitlist and try it first!
- Sorare — Global Fantasy Football. Collect limited edition digital collectibles, Manage your team and earn prizes!
- YuLife — Meet YuLife - the all-in-one platform for group insurance, employee benefits, wellbeing, engagement, and global rewards your people love and actually use.
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.
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- Industry: Software, Information Technology, SaaS
- Stage:Seed, Series A, Pre-Seed
- Geography: Lithuania, Estonia, United Kingdom
Investor stats
- Total investments: 40
- Round size: Seed $530k–$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
- Solfeg.io — Have trouble with your students in music lessons? Are they not engaged in your curriculum? Solfeg.io app will help you solve this problem. Our app for music teachers can increase students engagement by up to 90%. Learn how and try out our software for FREE here!
- EyeVi Technologies — EyeVi is a provider of road network intelligence with AI-powered on-demand mapping technologies.
- Kingdom Technologies — We build robotic lawn mowers for large terrains.
Ott Kaukver is Chief Technology Officer at Checkout.com. Attended Estonian Business School.
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- Industry: Software, Financial Services, SaaS
- Stage:Series A, Seed, Pre-Seed
- Geography: Estonia, United States, United Kingdom
Investor stats
- Total investments: 30
- Round size: Seed $2M–$5.4M; Pre-Seed $397k–$2.2M; Series A $8.5M–$26M
- Lead/follow: 7% lead, 93% 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.
.Cocoon | Hubs | Investments
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- 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.
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.
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- 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.
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.
Access 48,091 investors
822 industries, 177 countries. Updated daily. Emails and phones included.
Browse database — It's Free!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.
Some call you founders. We call you Superheroes. Seed stage VC investing in insight-driven startups in Finland and the Baltics. Tickets 100 K€ - 1000 K€.
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- Industry: Software, Information Technology, Internet
- Stage:Seed, Pre-Seed
- Geography: Finland, Lithuania, Estonia
Investor stats
- Total investments: 93
- Round size: Seed $212k–$3.1M; Pre-Seed $618k–$1.8M
- Lead/follow: 54% lead, 46% follow
- Last fund: May invest from a new fund soon — raised $35M in 2020
Portfolio highlights
- Zadaa — We are the world’s first marketplace to make selling and buying secondhand as simple as in an online store. We have revolutionised C2C logistics regarding pricing and marketplace integration between multiple logistic companies operating on different markets. Zadaa is live on German, Danish and Finnish markets.
- eMabler — We accelerate our customers' business growth by convenience in eMobility with our API-first platform
- ADESANTE — SurgeryVision is a Virtual Reality solution for Surgeons. Product is intended to be used for planning surgical procedures.
We're a Prague-based VC firm investing in fast growing tech companies and empowering talented startup founders from Central and Eastern Europe.
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- Industry: SaaS, Software, Information Technology
- Stage:Seed, Pre-Seed, Series A
- Geography: Czech Republic, United States, Estonia
Investor stats
- Total investments: 82
- Round size: Seed $713k–$3.3M; 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
- GoRamp — GoRamp offers top-tier software solutions for shippers to make proactive decisions while sourcing, monitoring & analysing transportation management
- Adam — Adam connects you with verified painters and decorators across whole Europe. Get an instant price estimate and book a painter for the next day already!
- PilotGo — Developer platform for secure data sharing with multiple partners powered by Digital Twins.
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.
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, Grant, Seed
- Geography: Ukraine, United States, Estonia
Investor stats
- Total investments: 89
- Round size: Seed $50k–$50k; Grant $16k–$50k; Pre-Seed $25k–$50k
- Lead/follow: 85% lead, 15% follow
Portfolio highlights
- SYLA — SYLA is a bionic knee prosthesis that combines modern technology, machine learning, and artificial intelligence to adapt to different walking ways and ensure natural movements.
- Dots Platform — Dots Platform - is the all-in-one ordering and delivery SaaS for hyperlocal commerce
- LeadForceTalent — First AI Top and Middle Management Recruitment Platform delivering candidates 10X fasterIt take 100 hours to find, check and interview a top management candidate. It’s 10X comparing to average specialist. No top-manager - the business is not growing and losing owner’s money.LeaForceTalent gives access to 25M database of C-level candidates,automatically interviews, checks skills with AI based on Blockchain and get hundreds of replies from candidates with one click.
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.
- OMNIA Protocol — OMNIA Protocol offers a secure and private infrastructure for accessing blockchain technology. It provides high availability RPC endpoints for Ethereum, ensuring users can connect to the blockchain without being traced or monitored. The company focuses on delivering a compliant environment for handling personal data, including blockchain addressesand transactional information. OMNIA Protocol aims to democratize access to blockchain infrastructure, challenging the current concentration of this access among a few corporations. It supports various blockchains, including Bitcoin, Binance, Avalanche, Polygon, Arbitrum, and Optimism, through its platform, offering secure Arbitrum RPC Nodes features.
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!
We see a bright future of blockchain-based technologies.
Show more...Investment focus
- 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.
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.
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
SaaS Investor funding in Estonia at a glance
Stats across 621 deals from 891 investors.
Access all 891 investors in Estonia SaaS startups.
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