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Top 15 SaaS VC Funds & Investors in Serbia (June 2026)

The most active venture capital funds investing in Serbia SaaS startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Serbia SaaS startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
South Central Ventures
VC Fund
7 United States, Serbia, United Kingdom Seed, Series A, Pre-Seed Software, SaaS, Artificial Intelligence $33k–$5.5M
Eleven Ventures
VC Fund
5 Bulgaria, United States, United Kingdom Seed, Convertible Note, Pre-Seed Software, SaaS, Information Technology $27k–$2.3M
Credo Ventures
VC Fund
4 United States, United Kingdom, Czech Republic Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $371k–$19M
SMOK Ventures
VC Fund
3 Poland, United States, Ukraine Seed, Pre-Seed Software, Information Technology, SaaS $54k–$2.5M
Earlybird Venture Capital
VC Fund
3 Germany, United States, United Kingdom Series A, Seed, Series B Software, Information Technology, Artificial Intelligence $1.2M–$91M
Underline Ventures
VC Fund
3 Romania, United States, Serbia Seed, Pre-Seed, Series A Software, Machine Learning, E-Commerce $865k–$5.5M
Fiedler Capital
VC Fund
2 Hungary, Latvia, Serbia Seed, Pre-Seed, Series A Software, Information Technology, Mobile Apps $500k–$4M
Fortech Investments
VC Fund
2 Serbia, Austria, Romania Seed, Pre-Seed Software, Manufacturing, E-Commerce $658k–$1.5M
Point Nine
VC Fund
2 Germany, United States, France Seed, Series A, Series B Software, SaaS, Internet $900k–$53M
SeedBlink
VC Fund
2 Romania, United States, United Kingdom Seed, Pre-Seed, Series A Software, SaaS, Information Technology $126k–$35M
Version One Ventures
VC Fund
2 United States, Canada, United Kingdom Seed, Series A, Series B Software, Internet, Blockchain $1.4M–$55M
ICT Hub Venture
VC Fund
1 Serbia, Germany Pre-Seed, Seed B2B, Software, Web Design $33k–$55k
V7 Capital
VC Fund
1 Serbia Seed Software
Crew Capital
VC Fund
1 United States, United Kingdom, Brazil Seed, Series A, Series B Software, SaaS, Information Technology
Script Capital
VC Fund
1 United States, India, China Seed, Pre-Seed, Series A Software, Information Technology, Artificial Intelligence $400k–$15M
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Investor list

South Central Ventures
VC Fund · Belgrade, Vojvodina, Serbia · 7 investments in Serbia SaaS startups

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

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Investment focus

  • Industry: Software, SaaS, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Serbia, United Kingdom

Investor stats

  • Total investments: 55
  • Round size: Seed $120k–$2.8M; Pre-Seed $33k–$2M; Series A $329k–$5.5M
  • Lead/follow: 60% lead, 40% follow
  • Last fund: Likely still investing — raised $82M in 2022

Portfolio highlights

  • Insightful — Get Insightful starting from 6.4$ and start monitoring your employees now!
  • hylosense — Almost all energy is dependent on weather, yet energy companies still rely on outdated weather forecasts which can’t capture details needed for decimal point accuracy. So every small forecast errors trigger grid instability, penalties, and poor energy bids. That's why we built hylosense - hyper-local weather models that are up to 50% moreaccurate than their global counterparts.
  • City Expert — City Expert Global is a Serbian startup that introduces new technologies and business approach to the traditional real estate sector. It focuses on creating new standards in the advertising and agency real estate sector. City Expert Global was founded in 2015 by Darko Luković, Stefan Stojanović, and Igor Jović. It is based in Belgrade, Serbia.
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Eleven Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 5 investments in Serbia SaaS startups

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

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Investment focus

  • Industry: Software, SaaS, Information Technology
  • Stage:Seed, Convertible Note, Pre-Seed
  • Geography: Bulgaria, United States, United Kingdom

Investor stats

  • Total investments: 142
  • Round size: Seed $27k–$2.3M; Pre-Seed $219k–$796k; Convertible Note $27k–$121k
  • Lead/follow: 37% lead, 63% follow
  • Last fund: Likely still investing — raised $68M in 2022

Portfolio highlights

  • Bitloops — Bitloops is an AI-powered application development platform that enables organizations to develop, maintain, and operate complex web applications with ease. It helps you easily modify system designs, deploy applications to production, and manage changes, new features, and products. The platform enables teams to innovate quickly and grow the productor business without compromising the product's usability, extendability, or maintainability. Bitloops makes it simpler than ever to create high-quality software utilizing best practices and techniques like DDD, BDD, TDD, hexagonal architecture, clean architecture, ports and adapters, CQRS, and event sourcing suitable for extending legacy systems as well as new initiatives.
  • nFuse.ai — nFuse.ai is an AI‑powered B2B sales platform focused on fast‑moving consumer goods (FMCG), positioning itself as an “ordering and communication layer” between brands and their distribution networks.
  • Outfindo — Making bikes & e-bikes buying easy
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Credo Ventures
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 4 investments in Serbia SaaS startups

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

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Investment focus

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

Investor stats

  • Total investments: 139
  • Round size: Seed $800k–$7M; Pre-Seed $371k–$3.3M; Series A $2M–$19M
  • Lead/follow: 37% lead, 63% follow

Portfolio highlights

  • UiPath — Reinvent your workplace with the leading robotic process automation platform and learn how UiPath can help your company become a fully automated enterprise.
  • Codasip — Codasip is redefining secure silicon, building the foundation of the next era of secure computing. Codasip - Resilient by Design.
  • Kindest — Raise More with Less Effort. Kindest takes the stress off fundraising so nonprofits can focus their resources on achieving their mission.
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SMOK Ventures
VC Fund · Warsaw, Mazowieckie, Poland · 3 investments in Serbia SaaS startups

Bridging Silicon Valley to CEE

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Poland, United States, Ukraine

Investor stats

  • Total investments: 59
  • Round size: Seed $439k–$2.5M; Pre-Seed $54k–$1.4M
  • Lead/follow: 56% lead, 44% follow
  • Last fund: Likely still investing — raised $25M in 2024

Portfolio highlights

  • Primio — Primio is an AI-powered platform that generates production-ready native mobile apps from natural language prompts. It outputs real Flutter/Dart code that compiles to native iOS and Android with pixel-perfect rendering and up to 120fps performance. The platform covers the full lifecycle from idea to app store submission, including cloud builds,live preview, and iterative editing. Built for app studios and serious builders who need to ship native apps fast.
  • Principle — Test your strategic decisions before you commit. Principle simulates competitors, regulators, and market forces to stress-test your bets against adversarial reality.
  • Proteine Resources — We want to revolutionize the feed and food market, build robotic factories, process bio-waste in high-quality protein, fat and fertilizer insects.
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Earlybird Venture Capital
VC Fund · Berlin, Berlin, Germany · 3 investments in Serbia SaaS startups

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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Investment focus

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

Investor stats

  • Total investments: 318
  • Round size: Seed $1.2M–$12M; Series A $3.5M–$34M; Series B $5M–$91M
  • Lead/follow: 46% lead, 54% follow
  • Last fund: Likely still investing — raised $190M in 2024

Portfolio highlights

  • Getsafe — Manage your insurance effortlessly in one app and get rewarded with Safepoints when you stay safe.
  • Payable — Scale your business with our payment operations API and dashboard. Track, reconcile and make payments instantly.
  • Nosh Biofoods — We create nutritional and highly functional proteins from non-GMO fungi. Our proprietary ferementation process is minimal, scalable, and sustainable.
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Underline Ventures
VC Fund · Bucharest, Bucuresti, Romania · 3 investments in Serbia SaaS startups

We underline founders.

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Investment focus

  • Industry: Software, Machine Learning, E-Commerce
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Romania, United States, Serbia

Investor stats

  • Total investments: 16
  • Round size: Seed $1.2M–$5.5M; Pre-Seed $865k–$2.1M
  • Lead/follow: 19% lead, 81% follow

Portfolio highlights

  • Trickest — Add SEO description here.
  • Dataworks Research SRL — Soleadify provides business data enrichment with unprecedented coverage of SMBs, accurate classification and in-depth insights based on real-time updates.Always driven by the complexity of AI and Machine Learning, we build more efficient ways of getting more data and get more out of it. Urged on reliability and complete-ness, our datasets haveyet to be beaten in terms of accuracy and classification by industry mammoths.
  • Videowise — End-to-end eCommerce Video Platform built for scale & performance to help brands and retailers create interactive shoppable video experiences.
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Fiedler Capital
VC Fund · Vienna, Wien, Austria · 2 investments in Serbia SaaS startups

We are a first check investor helping overlooked founders from peripheral European ecosystems defy the odds and create breakout companies.

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Investment focus

  • Industry: Software, Information Technology, Mobile Apps
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Hungary, Latvia, Serbia

Investor stats

  • Total investments: 19
  • Round size: Seed $965k–$4M; Pre-Seed $500k–$1.5M
  • Lead/follow: 11% lead, 89% follow

Portfolio highlights

  • AgroSync — Uncover hidden profits. Use field data to boost returns this season
  • RivalSense — Monitor competitors of your startup. Receive curated weekly updates.
  • Trace.Space — Engineers develop complex products 10x faster with Trace.Space. Requirements management for the next generation
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Fortech Investments
VC Fund · 2 investments in Serbia SaaS startups

Romanian Investment fund and strategic partner for early-stage start-ups in Energy, Healthcare, Manufacturing, Automotive, and FinTech.

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Investment focus

  • Industry: Software, Manufacturing, E-Commerce
  • Stage:Seed, Pre-Seed
  • Geography: Serbia, Austria, Romania

Investor stats

  • Total investments: 7
  • Round size: Seed $658k–$1.5M
  • Lead/follow: 43% lead, 57% follow

Portfolio highlights

  • SaleSqueze — Premade 3D configurators for outdoor living products, ready to go live in 7 days. Sell more through your website or dealer network.
  • Collabwriting — Collabwriting is a simple browser extension that helps you share, comment and collaborate on content you find online
  • blue auditor GmbH — blue auditor is a sustainability management tool for buildings and real estate portfolios with the focus on transitioning to a sustainable real estate industry; providing wholistic and overall performance monitoring and improvements for sustainability management.
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Point Nine
VC Fund · Berlin, Berlin, Germany · 2 investments in Serbia SaaS startups

Point Nine Capital is a Berlin-based venture capital firm focused exclusively on early-stage Internet investments in areas like Software-as-a-Service (SaaS), online marketplaces, and mobile.The fund and its managers, Pawel Chudzinski and Christoph Janz have backed a number of highly successful Internet companies such as Delivery Hero, Clio,Shiftplanning, Vend, Typeform, and Zendesk from their earliest stages.

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Investment focus

  • Industry: Software, SaaS, Internet
  • Stage:Seed, Series A, Series B
  • Geography: Germany, United States, France

Investor stats

  • Total investments: 254
  • Round size: Seed $900k–$7.7M; Series A $3.2M–$24M; Series B $9M–$53M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • qlub — Qlub is the fastest, most secure form of digital menu & contactless payment for customers at restaurants, clubs & lounges.
  • Attio — Unlock your team's true potential with Attio, the data-driven CRM for modern teams. Manage everything from sales leads through to recruitment pipelines.
  • Omnea — The all-in-one procurement platform. Request purchases, automate approvals, and streamline your procurement process in one centralised solution.
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Access 48,091 investors

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

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Version One Ventures
VC Fund · Vancouver, British Columbia, Canada · 2 investments in Serbia SaaS startups

Version One Ventures backs mission-driven founders at the earliest stages. Full thesis here: https://versionone.vc/updated-thesis/

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Investment focus

  • Industry: Software, Internet, Blockchain
  • Stage:Seed, Series A, Series B
  • Geography: United States, Canada, United Kingdom

Investor stats

  • Total investments: 143
  • Round size: Seed $1.4M–$5.8M; Series A $4M–$21M; Series B $8M–$55M
  • Lead/follow: 21% lead, 79% follow

Portfolio highlights

  • Jobber — Jobber is an award-winning business management platform for small home service businesses. Unlike spreadsheets or pen and paper, Jobber keeps track of everything in one place and automates day-to-day operations, so small businesses can provide 5-star service at scale. Jobber’s 100,000+ home service professionals have served over 12 millionhouseholds in more than 47 countries. The company continually ranks as one of Canada’s fastest-growing and most innovative companies by Canadian Business and Macleans, The Globe and Mail, Fast Company, and Deloitte.
  • Pienza — Pienza Ventures - We help Indian Startups win in the US Market
  • Preemadonna — Preemadonna is the maker of Nailbot. Nailbot is an intelligent at-home robot manicure powered by a creativity and automation platform. Nailbot prints instant personalized nail art and decals on fingernails in 5 seconds using your smartphone. Nailbot is your ultimate nail art tool that prints digital nail stickers.
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ICT Hub Venture
VC Fund · Belgrade, Vojvodina, Serbia · 1 investments in Serbia SaaS startups

ICT Hub Venture is a Serbian private investment fund, focused on early stage technology startups in the SEE region. We offer funding of up to 50,000 EUR in exchange for 5-15% equity, access to the startup ecosystem, tailor-made development program and connection with key figures in relevant industries. Our main focus is on startups which have acomplete team and a scalable solution that challenges traditional businesses. By facilitating creation and development of effective solutions we help transform traditional industries and create new businesses.

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Investment focus

  • Industry: B2B, Software, Web Design
  • Stage:Pre-Seed, Seed
  • Geography: Serbia, Germany

Investor stats

  • Total investments: 4
  • Round size: Pre-Seed $33k–$55k
  • Lead/follow: 50% lead, 50% follow

Portfolio highlights

  • randevu.tech — randevu is providing complete technical infrastructure in cloud, that enables companies throughout full marketplace business life-cycle: from building, to running and scaling.
  • Bitebell
  • OM3GA SOLUTIONS — OM3GA SOLUTIONS provides services in AI/ML speech-to-text, text-to-speech and virtual assistant, web design and hosting.
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V7 Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Serbia SaaS startups

V7 Capital is a investment firm.

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Investment focus

  • Industry: Software
  • Stage:Seed
  • Geography: Serbia

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Collabwriting — Collabwriting is a simple browser extension that helps you share, comment and collaborate on content you find online
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Crew Capital
VC Fund · New York, New York, United States · 1 investments in Serbia SaaS startups

Crew Capital is a venture capital firm investing in entrepreneurs building category-defining technology companies.

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Investment focus

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

Investor stats

  • Total investments: 39
  • Lead/follow: no public data

Portfolio highlights

  • Coheso — The platform equips Legal and Compliance teams with essential tools to deliver unparalleled value to business units.
  • Seal Security — Streamline your open source vulnerability remediation without introducing the risk of breaking changes. Say goodbye to alert fatigue and start patching with Seal Security.
  • Membrane — Describe what you need. Watch integrations build, test and maintain themselves. Try Membrane today.
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Script Capital
VC Fund · San Francisco, California, United States · 1 investments in Serbia SaaS startups

122WEST is a venture capital firm focusing on early-stage internet and software investments. The firm seeks to invest in Information technology, software, internet of things, SaaS, fintech, mobile, infrastructure, big data, and cryptocurrency sectors. It was founded in 2016 and is based in San Francisco, California.

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Investment focus

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

Investor stats

  • Total investments: 63
  • Round size: Seed $1.5M–$6M; Pre-Seed $400k–$1.8M; Series A $5M–$15M
  • Lead/follow: 8% lead, 92% follow
  • Last fund: Likely still investing — raised $38M in 2021

Portfolio highlights

  • Gamma — Meet the modern memo. Write like a doc, present like a deck, discuss live or async.
  • besimple AI — besimple AI is a software company that provides AI-based data annotation infrastructure designed for model training.
  • Doppel — Doppel is a real-time, cross-chain monitoring platform for detecting NFT fraud -- starting with counterfeits.
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SaaS VC funding in Serbia at a glance

Stats across 4 deals from 5 investors.

5
investors
in Serbia SaaS startups
4
deals
in Serbia SaaS startups
$587k
median round
in Serbia SaaS startups
20%
lead investors
lead at least one round
50%
Seed
most common funding stage

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VC (Venture Capital) Funds in Serbia by industry