# Top 50 SaaS Startup Investors in Romania in June 2026

## SeedBlink
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 29
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, SaaS, Information Technology

All-in-one solution for fundraising, managing and trading equity. Explore promising tech startups and flexible funding opportunities with SeedBlink.

## Early Game Ventures
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 25
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Information Technology, Artificial Intelligence

Early Game Ventures (EGV) is an early-stage venture capital firm investing in startups that jumpstart new industries in the emerging markets of Europe.Their philosophy is quite straightforward: they invest at the earliest stages in companies whose founders have vested interests, are coachable and address big markets. If the opportunity is real,they prefer to be the first institutional investor in such startups.EGV is also running a concierge accelerator, taking in only 5 or 6 startups per year for a very intensive and tailor-made program.

## GapMinder VC
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 20
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Information Technology, SaaS

GapMinder plans to invest and support the most disruptive and bold innovations pushing limits and creating positive impact for the community and the overall society.
Our background and experience together with our common values and vision for the fund are the core of our competitive advantage. Our team is eager to create value in the region and forthe region. We focus on Pre-Seed, Seed and Series A stages

## Roca X
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 12
- Stages: Seed, Pre-Seed, Convertible Note
- Focus: Software, Information Technology, Health Care

RocaX > Is building a solid and much needed bridge for startups between the support offered by business angels and the upper stage VCs. Learn more!

## Sparking Capital
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 9
- Stages: Seed, Pre-Seed
- Focus: Information Technology, SaaS, Internet

Sparking Capital is an early stage micro fund backing entrepreneurs with unique industry insights, powerful vision, passion, courage and excellence in the execution of their plans.Sparking Capital focuses on pre-seed & seed investments. We are industry agnostic but have a preference for investments in consumer internet, marketing-tech, supplychain-tech, fin-tech, property-tech, circular economy-tech startups with differentiating value propositions, disruptive business models which have the potential to become national champions and/or scale up fast internationally.

## Catalyst Romania
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 8
- Stages: Seed, Series B
- Focus: Software, Retail, FinTech

Catalyst Romania is a private equity and venture capital fund platform.

## Gecad Ventures
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 7
- Stages: Seed, Series A
- Focus: Software, Payments, Information Technology

Our commitment, experience, and perseverance have fueled the creativity of some of the most exciting start-ups in Europe.

## 3TS Capital Partners
- Type: VC Fund
- Location: Helsinki, Southern Finland, Finland
- Relevant deals: 7
- Stages: Series A, Seed
- Focus: Software, Internet, SaaS

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

## Malin-Iulian Stefanescu
- Type: Angel
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 6
- Stages: Seed, Angel, Series A
- Focus: Software, Marketing, Internet

Business Angel, Entrepreneur, Father

## Underline Ventures
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 5
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Machine Learning, E-Commerce

We underline founders.

## Day One Capital
- Type: VC Fund
- Location: Budapest, Budapest, Hungary
- Relevant deals: 4
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Information Technology, Artificial Intelligence

We are an early-stage technology investor, managing privately financed funds.  We seek to find and join the most exciting Central Eastern European teams on their global mission.

## Credo Ventures
- Type: VC Fund
- Location: Prague, Hlavni mesto Praha, Czech Republic
- Relevant deals: 3
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Artificial Intelligence, Information Technology

We partner with outstanding technology founders from Central and Eastern Europe to help them realize their global ambitions.

## Marius Ghenea
- Type: Angel
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 3
- Stages: Series A, Seed
- Focus: Software, SaaS, FinTech

•	Partner of Catalyst Romania VC Fund (part of 3TS Capital Partners) - http://catalystromania.ro/
•	“Investor of the Year in Romania 2016 and 2017" award by CESA with Catalyst Romania Fund
•	Serial entrepreneur and business-angel with successful investments in SEE, ranks in fortune Romanian surveys Capital, Forbes.
•	Experienceas an start-up entrepreneur  with Flamingo, from zero revenues and capital to a $50M company, the largest IT product distribution network in Romania, in 7 years. Setting-up a Flamingo International group structure with direct operations in 7 SEE countries (Romania, Bulgaria, Croatia, Hungary, Macedonia, Moldova, Yugoslavia) and one fully-fledged subsidiary in Holland, 1999 – 2001.
•	Manager of team of 500+ people with Flamingo, employees from various countries (majority Romanian), cultures, backgrounds and contributing to the creation of one of the best teams in the IT business in the Balkan region
•	Experience in private equity and venture capital investments. Deal-leader on 6 (123ContactForm, VectorWatch, Marketizator Friends, Intelligent IT/SmartBill, Smartdreamers, Vola.ro) out of 10 investments of Catalyst Romania Fund.
•	Exit track-record: VectorWatch, sold to FitBit early 2017, PCGarage, bought by Naspers/Emag in 2016; VikingProfil, bought by Pruzsinski of Poland, 2008, Flanco, successful exit in 2006, Flamingo, successful IPO in 2004, etc. •	Co-Founder VentureConnect (regional matchmaking platform for tech start-up entrepreneurs and early-stage investors); President Romanian Association for the Online Stores (ARMO)
•	Entrepreneurship, Innovation and New Business Ventures Professor, Maastricht School of Management EMBA program
•	Co-organizer Schoolforstartups Romania, the first SE European entrepreneurship school
•	Author of “Entrepreneurship”, the first Romanian book on entrepreneurship and TV dragon in the Romanian Dragons’ Den

## Neogen Capital
- Type: VC Fund
- Location: Targu-mures, Mures, Romania
- Relevant deals: 3
- Stages: Pre-Seed, Seed
- Focus: Software, Information Technology, B2C

We're a venture studio specialised in marketplaces. We build, fund or buy tech companies with impact.

## LAUNCHub Ventures
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 3
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, SaaS, Enterprise Software

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

## Marius Istrate
- Type: Angel
- Relevant deals: 3
- Stages: Pre-Seed, Seed, Series A
- Focus: Artificial Intelligence, Computer, Software

Former Chief People Officer of UiPath, from 2017 until 2020. 
Former CEO of SkillValue, from 2014 until 2016.
Angel Investor and VC Investor. Focus on Enterprise SaaS, Productivity Tech, Dev Tools, Cloud, AI & Automation.

## Growceanu Angel Investment
- Type: VC Fund
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Convertible Note
- Focus: SaaS, Software, Health Care

Growceanu is a group of business angels, active primarily in high-tech areas that contribute with money, professional and business expertise and personal connections to the development of tech startups with high potential of growth.

## Bianca Rusu
- Type: Angel
- Location: Cluj-napoca, Cluj, Romania
- Relevant deals: 2
- Stages: Pre-Seed, Equity Crowdfunding, Seed
- Focus: SaaS, Software, Education

Entrepreneur & angel investor in disruptive startups building the future through technology.

## Climate-KIC
- Type: VC Fund
- Location: Zürich, Zurich, Switzerland
- Relevant deals: 2
- Stages: Seed, Grant, Pre-Seed
- Focus: Software, CleanTech, Sustainability

EIT Climate-KIC is a European knowledge and innovation community, working to accelerate the transition to a zero-carbon economy.Supported by the European Institute of Innovation and Technology, we identify and support innovation that helps society mitigate and adapt to climate change. They believe that a decarbonised, sustainable economy is notonly necessary to prevent catastrophic climate change, but presents a wealth of opportunities for business and society.

## Portfolion
- Type: VC Fund
- Location: Budapest, Budapest, Hungary
- Relevant deals: 2
- Stages: Seed, Series A, Series B
- Focus: Software, Information Technology, Artificial Intelligence

Portfolion is a CEE-focused multi-stage investor with a flexible fund structure that allows it to back companies from or before 1st client until the end of their journey. The fund manager has backed some of the CEE region’s most successful companies including SEON, Novakid, Tresorit, Packhelp, and Starschema.

## European Union
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Grant, Seed
- Focus: Health Care, Information Technology, Software

Discover how the EU functions, its principles, priorities; find out about its history and member states; learn about its legal basis and your EU rights.

## Alfabeat
- Type: VC Fund
- Location: Gdansk, Pomorskie, Poland
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, Marketing, SaaS

Welcome to Alfabeat, a specialist seed and early stage venture capital fundfocused on Enterprise SaaS companies from Central and Eastern Europe,backed by successful enterprise software founders.

## The Mavers
- Type: VC Fund
- Relevant deals: 2
- Stages: Pre-Seed, Seed
- Focus: Consulting, Health Care, Information Technology

The Maversis a venture capital investment firm.

## Zeyshare Ventures
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Internet, News, E-Commerce

Zeyshare Ventures provides venture capital investments in early & growth stage technology startups across Romania and the Central & South Eastern Europe region, as well as venture building services.
Zeyshare Ventures | venture capital & venture building

## Sherry Coutu
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 2
- Stages: Seed, Angel, Series A
- Focus: Software, E-Commerce, Mobile

Sherry Coutu currently works as an Independent Non Executive Director for Pearson. She previously worked at superpower as a Director. Sherry Coutu attended Harvard Business School.

## Inovo.vc
- Type: VC Fund
- Location: Warsaw, Mazowieckie, Poland
- Relevant deals: 2
- Stages: Seed, Pre-Seed, Series A
- Focus: Software, Artificial Intelligence, Apps

VC for the most ambitious founders in CEE

## D Moonshots
- Type: VC Fund
- Relevant deals: 2
- Stages: Pre-Seed, Convertible Note
- Focus: SaaS, EdTech, Software

D Moonshots in an investment fund created by Sacha Dragic, founder of the Superbet group.

## Cleverage VentureCapital
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Health Care, Medical Device, Information Technology

Cleverage Venture Capital

## Simple Capital
- Type: VC Fund
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Mobile Apps, Fitness, Software

Simple Capital

## Oliver Hehl
- Type: Angel
- Location: Walldorf, Baden-Wurttemberg, Germany
- Relevant deals: 2
- Stages: Angel, Seed, Pre-Seed
- Focus: Banking, Financial Services, Apps

Oliver Hehl

## TechAngels
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, B2B, Medical

The Tech Business Angel Investors Group in Romania

## OTB Ventures
- Type: VC Fund
- Location: Amsterdam, Noord-Holland, The Netherlands
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Artificial Intelligence, Software, Information Technology

OTB Ventures is a leading European VC focused on DeepTech with an unfair advantage in accessing Central and Eastern European (CEE) deal flow, investing in early growth, real tech startups (late Seed, Series A and B) that develop unique technologies in 4 verticals: SpaceTech, AI & Automation, FinTech and CybersecurityOTB Ventures wasestablished in 2017 and is currently the largest VC originating from the CEE, managing over $300M. OTB Ventures has two offices: Amsterdam (Netherlands) and Warsaw (Poland).

## Capital Management Services
- Type: VC Fund
- Location: Sydney, New South Wales, Australia
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Apps, Gaming, FinTech

Capital Management Services investment solutions based company established in 1998 with our roots in New South Wales. Capital Management Services is a client-led investment company. We manage the portfolio of securities, which incorporates Wealth Management, Asset Management, Investing in cryptocurrency, private equity, and Money Management.

## SFC Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Pre-Seed, Seed
- Focus: Software, Artificial Intelligence, Information Technology

Discover the UK's leading SEIS Fund, offering tax-efficient investments in innovative startups. Join thousands of savvy investors and raise capital for your business with SFC Capital.

## WIT Angels Club
- Type: VC Fund
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 1
- Stages: Seed
- Focus: B2B, SaaS, Software

WIT Angels Club debunks the myths surrounding investment in innovation and empowers women to participate in the technology revolution through investment.

## Helion Venture Partners
- Type: VC Fund
- Location: Port Louis Town, Port Louis, Mauritius
- Relevant deals: 1
- Stages: Series B, Series A, Series C
- Focus: E-Commerce, Software, Internet

Helion Venture Partners is a stage independent, India-focused venture fund, investing in high growth technology powered businesses and consumer services.

## Ana Cinca
- Type: Angel
- Relevant deals: 1
- Stages: Pre-Seed
- Focus: Consulting, Health Care, Artificial Intelligence

Ana Cinca

## Venture to Future Fund
- Type: VC Fund
- Location: Bratislava, Bratislava, Slovakia (Slovak Republic)
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Software, Information Technology, Internet of Things

Venture to Future Fund is a joint initiative of EIB, the Ministry of Finance of the Slovak Republic, and the Slovak Investment Holding. It is the first venture capital fund of its kind in the CEE region that has lured EIB´s capital. We like hi-tech scaleups, however our focus is more generalistic. Our approach is more comprehensive and whatcounts the most is the innovation level, the overall uniqueness of the presented solution, and, of course, a skilled team with excellent execution power.We look for SMEs (Seed, Series A and beyond)) with at least a partially functioning and viable product that has been proved on the market and has first paying customers or signed contracts for the upcoming months.The minimum ticket is €0,5 million, average participation ranges from €1.5 – 2 million. We always invest alongside independent private co-investors based on the pari passu principle (50:50). Primary choice of preference are Slovak-incorporated SMEs or EU companies with capital link to Slovakia.

## Florin Pop
- Type: Angel
- Relevant deals: 1
- Stages: Angel
- Focus: Apps, Artificial Intelligence

Florin Pop is the founder of Primainvest and investor of Telios, Foodprints, Aiva and others.

## Fil Rouge Capital (FRC)
- Type: VC Fund
- Location: Zagreb, Grad Zagreb, Croatia
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: Software, Information Technology, E-Commerce

Fil Rouge Capital (FRC) is an investment fund manager whose funds focus on early-stage businesses from pre-seed, seed, and Series A rounds of investment.

## Dawn Capital
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Series A, Series B, Series C
- Focus: Software, SaaS, Information Technology

We are a family of investors, entrepreneurs, strategists and operational specialists, drawn together by our passion for helping B2B founders build category-defining companies.

## Daniel Dines
- Type: Angel
- Location: Dover, Delaware, United States
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Software, SaaS, Artificial Intelligence

Daniel Dines is Co-founder and CEO of UiPath, the fastest growing and leading provider of Robotic Process Automation (RPA) and AI software worldwide. Dines started UiPath in 2005 with the goal of building a solution that could help humans reduce the time and stress that come from menial, administrative business tasks. Today, Dines’ vision is tomake software robots, powered by computer vision and AI, as common as PCs in the workplace -- a vision dubbed One Robot for Every Person.Dines is committed to ushering in the “automation first” era, helping businesses of all sizes digitize everyday business operations and apply AI to drive true digital transformation. This era brings tremendous value to businesses and new career opportunities for people – which is why Dines aims to democratize RPA via free training and software, as well through UiPath’s Academic Alliance program, which trains and certifies university students, youth, and traditionally underrepresented groups – with an eye toward preparing people for the jobs of the future.Since incorporating UiPath in 2015, and moving its headquarters to New York in 2017, Dines has led the company through substantial growth – delivering intelligent automation solutions to thousands of companies around the world, including government agencies and many of the Fortune 500. He has raised more than $1B from top-tier venture capital firms, with a post-money valuation of $7B.Dines began his engineering career at Microsoft where he designed and developed the SQL Server Agent. Still a hacker at heart, he is active in driving the company’s RPA platform and supporting the 250,000 developers who are building automations on UiPath’s RPA platform.

## Lucian Despoiu
- Type: Angel
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 1
- Stages: Angel
- Focus: Consulting, Information Services, Information Technology

Founder & CEO of Majoritas, leading political technology and communication consortium of companies, Lucian Despoiu is a serial entrepreneur with over 16 years of experience in the digital marketing industry and over 20 digital political campaigns all around the world.A result driven specialist, Lucian is one of the key innovators of thePolitical and Institutional Communication industries, with a vision of making research, data, technology and paid media work together for politicians and Governments all around the world. Under his leadership Majoritas Global has been influencing elections in Africa, Asia, Latin America and Europe through its 12 offices.To the group of companies in Majoritas Global, Lucian has recently added Majoritas Insights, a real-time research company, and Majoritas Academy, an educational initiative, and is currently working on developing a solution addressed to citizens willing to get involved in how decisions are being made in their society.

## Sacha Dragic
- Type: Angel
- Location: Bucharest, Bucuresti, Romania
- Relevant deals: 1
- Stages: Seed, Pre-Seed
- Focus: News, Sports, Fitness

Sacha Dragic - Founder, Board member & Executive Chairman @ Superbet

## SIF Transilvania
- Type: VC Fund
- Location: Brasov, Brasov, Romania
- Relevant deals: 1
- Stages: Seed
- Focus: Data Mining, Manufacturing, Internet of Things

Societatea de Investitii Financiare Transilvania S.A. (SIF Transilvania) is a closed-end financial investment company, self-managed in a dualist system and included in the category "Other collective investment undertakings (A.O.P.C.), with a diversified investment policy". The Company's share capital worth RON 109,214,333.20 iscomposed of 1,092,143,332 common shares issued at par value of RON 0.1/share. The shares are listed at the first category of the Bucharest Stock Exchange and have been traded on this market since November 1, 1999 under SIF3 symbol.

## KG Ventures
- Type: VC Fund
- Location: Saint Petersburg, Saint Petersburg City, Russian Federation
- Relevant deals: 1
- Stages: Seed
- Focus: SaaS, Software, PaaS

Corporate venture capital fund of the Kirovsky Zavod

## Arts Alliance
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series A
- Focus: Advertising, Mobile, Fashion

Arts Alliance is a venture capital organisation supporting a growing network of entrepreneurs. They have a "hands on approach" to investment and provide both creative talent and strategic advice to Portfolio Companies in the technology and services, and communications sectors.

## Hoxton Ventures
- Type: VC Fund
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Artificial Intelligence, Software, Information Technology

Hoxton Ventures focuses on startups that either disrupt existing industries or invent entirely new market categories. Hoxton typically invests between $500,000 and $5 million into pre-seed, seed, and Series A stage companies, and follows its capital through the life of the company. 

The firm is based in London and invests all across Europe.

## Leryon Holdings
- Type: VC Fund
- Location: Galati, Galati, Romania
- Relevant deals: 1
- Stages: Debt Financing
- Focus: SaaS, Public Safety, Law Enforcement

ALTERNATIVE INVESTMENTS - On top of our leading real estate focus, we also manage investments in stocks & bonds, as well as act as a boutique venture capital firm identifying start-ups with high potential and providing initial seed funding, while accompanying them during the early years of development and growth.

## Constantine Goulimis
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Seed
- Focus: FinTech, Software, Financial Services

Constantine is one of the founders (in 1985) of Greycon. Constantine was born in Greece and studied mathematics at Cambridge (BA, MA) and Control Systems at Imperial College (M.Sc.). He completed his Ph.D. in combinatorial optimisation, the cutting stock problem also at Imperial. He is particularly proud that some of the code he wrote then is stillin daily production use at many plants around the world, as part of Greycon's X-Trim.In the Greek army he learned, among other things, exactly how many chickens it takes to feed a regiment and has amassed collection of army stories to tell. He has also served as Deputy Director of the Industrial Systems Group at Imperial College. During 2010 he also consulted with the Greek Ministry of Finance, advising on how tax collection could be improved; the proposals were adopted a month later. In November 2013 he attended the 3-week Advanced Leadership Programme at Cambridge.
