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Top 35 Software Angel Investors in Bulgaria (September 2026)

The most active angel investors investing in Bulgaria Software startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Bulgaria Software startup companies. Find investors to raise a Pre-Seed, Seed or Angel round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Georgi Petrov
Angel
4 Bulgaria, United States, Croatia Pre-Seed, Angel, Seed SaaS, Software, E-Commerce $300k–$875k
Hristo Hristov
Angel
4 Bulgaria, Ireland, Romania Seed, Pre-Seed, Angel Software, E-Commerce, Internet $725k–$1.2M
Zoran Arsovski
Angel
3 Bulgaria, Turkey, United States Seed, Angel, Pre-Seed Software, FinTech, Internet $204k–$6.9M
Mihail Stoychev
Angel
3 Bulgaria Seed, Angel, Pre-Seed SaaS, Apps, Shipping
Danish Chaudhry
Angel
2 United States, Bulgaria, India Seed, Pre-Seed, Venture - Series Unknown Blockchain, Cryptocurrency, Web3 $1.5M–$10M
Hesham Zreik
Angel
2 United States, India, Nigeria Pre-Seed, Seed, Series A Information Technology, Software, E-Commerce $10k–$5M
Casey Armstrong
Angel
2 United States, Bulgaria, United Kingdom Seed, Pre-Seed, Venture - Series Unknown E-Commerce, Software, Apps $2.7M–$6M
Emil Tabakov
Angel
2 Bulgaria Angel, Pre-Seed SaaS, Software, Venture Capital
Svetozar Georgiev
Angel
2 United Kingdom, Bulgaria, Greece Seed, Pre-Seed, Angel Software, SaaS, FinTech $112k–$3.3M
Jonathan Kennedy
Angel
2 Bulgaria Seed, Pre-Seed Apps, SaaS, Shipping
Georgi Atanasov
Angel
2 Bulgaria Angel, Pre-Seed SaaS, Software, Venture Capital
Adii Pienaar
Angel
2 United States, Nigeria, Bulgaria Seed, Pre-Seed, Venture - Series Unknown E-Commerce, Software, Apps $450k–$2.7M
Iliya Valchanov
Angel
2 Bulgaria Pre-Seed, Debt Financing PaaS, Video, EdTech
Petar Petrov
Angel
1 Bulgaria Seed EdTech, Education, Marketplace
Judy Halvadjian
Angel
1 Bulgaria Pre-Seed Software, Blockchain
Sebastian Kerz
Angel
1 Bulgaria Pre-Seed Software, Elder Care
Nedko Krastev
Angel
1 Bulgaria Pre-Seed EdTech, Education
Miodrag Stankovic
Angel
1 Bulgaria Angel Hardware, Child Care, Cloud Computing
Stanimir Vassilev
Angel
1 Bulgaria, United Kingdom Seed Farming, FinTech, Payments $567k–$3.3M
Faris Sweis
Angel
1 Bulgaria, United States, United Kingdom Angel, Seed Software, SaaS, FinTech
Rune Sovndahl
Angel
1 Bulgaria Seed iOS, Apps, Mobile
Hristo Kosev
Angel
1 Bulgaria, United States Angel, Pre-Seed SaaS, Software, Mental Health
Dalibor Jevtic
Angel
1 Bulgaria Angel Hardware, Child Care, Cloud Computing
Sevdalina Vassileva
Angel
1 Bulgaria Angel Hardware, Child Care, Cloud Computing
Tim Draper
Angel
1 United States, United Kingdom, Canada Seed, Series A, Series B Software, FinTech, Financial Services $356k–$50M
Heslin Kim
Angel
1 India, Estonia, Georgia Seed, Angel, Pre-Seed Blockchain, Cryptocurrency, Web3 $1.8M–$12M
Nedelcho Spasov
Angel
1 Bulgaria, United Kingdom Seed Farming, FinTech, Payments $567k–$3.3M
Dejan Pejcic
Angel
1 Bulgaria Angel Hardware, Child Care, Cloud Computing
Selahattin Zoralioğl
Angel
1 Turkey, Bulgaria Seed, Convertible Note SaaS, Analytics, Customer Service
Bogomil Balkansky
Angel
1 United States, Israel, Bulgaria Seed, Series A, Series B Software, Enterprise Software, Artificial Intelligence $1.2M–$120M
Pressian Karakostov
Angel
1 Bulgaria, United Kingdom Seed, Pre-Seed Software, B2B, SaaS $529k–$2.5M
Boyan Todorov
Angel
1 Bulgaria Pre-Seed Software, Blockchain
Georgi Zahariev
Angel
1 Bulgaria, United Kingdom Seed Farming, Software, Consulting $720k–$1.2M
Yair Miron
Angel
1 Bulgaria Seed Apps, SaaS, Shipping
Polina Todorova
Angel
1 Bulgaria Seed EdTech, Education, Marketplace
Access all 17 angel investors in Bulgaria Software startups.

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Investor list

Georgi Petrov
Angel · 4 investments in Bulgaria Software startups

CEO and Co-Founder of UXIFY. Co-Founder of NitroPack (exited to WP Engine in 2024) and SMSBump (exited to Yotpo in 2020).

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Investment focus

  • Industry: SaaS, Software, E-Commerce
  • Stage:Pre-Seed, Angel, Seed
  • Geography: Bulgaria, United States, Croatia

Investor stats

  • Total investments: 7
  • Round size: Pre-Seed $300k–$875k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • GoAudience — GoAudience is the marketing intelligence platform that helps e-commerce brands find and convert high-intent buyers using exclusive spending data from 220M consumers.
  • Pricemind — Track competitor prices with AI-powered price intelligence software. Monitor e-commerce pricing, get dynamic pricing recommendations, and boost profit margins.
  • Recommend — Spot real-time trends and turn them into content in minutes.
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Hristo Hristov
Angel · Sofia, Grad Sofiya, Bulgaria · 4 investments in Bulgaria Software startups

Hristo Hristov - Chief Executive Officer @ DarikNews.bg

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Investment focus

  • Industry: Software, E-Commerce, Internet
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Bulgaria, Ireland, Romania

Investor stats

  • Total investments: 10
  • Round size: Seed $725k–$1.2M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • ONDO Smart Farming Solutions — Precise drip irrigation management and control, precise plant nutrition and climate control for various crops - ONDO Smart Farming solutions.
  • Releva — Releva predicts customer lifetime value, personalizes every touchpoint, and automates across email, SMS, WhatsApp, push, web, and app. 250+ B2C brands, 15+ countries. 80% prediction accuracy, 7.7x CLV.
  • Biodit Global Technology JSC — Biodit Global Technology is a tech company that specializes in development of state-of-the-art biometric security systems.BIODIT means innovation, comfort, design but above all, it means the highest level of SECURITY. Endless areas of application - healthcare industry, business and office centers, commercial and residential buildings,hospitality, banking and automotive industries.The areas of application of our unique biometric technology for access control, time attendance monitoring and management of operations, just to name a few, are endless - healthcare industry, business and office centres, commercial and residential buildings, hospitality industry, university centres, banking industry, automotive industry, security companies etc.
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Zoran Arsovski
Angel · Sofia, Grad Sofiya, Bulgaria · 3 investments in Bulgaria Software startups

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

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Investment focus

  • Industry: Software, FinTech, Internet
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Bulgaria, Turkey, United States

Investor stats

  • Total investments: 11
  • Round size: Seed $870k–$6.9M; Angel $204k–$430k; Pre-Seed $660k–$901k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Magfi — A search engine that analyzes communities into WhatsApp, Telegram, and Discord with AI, ML, and NLP and places ads with micro-targeting.
  • Visibilio — At Visibilio, we are at the forefront of a seismic shift in how companies connect with their clients. Our mission is simple: to empower companies, organizations, and individuals to seamlessly create, repurpose, and distribute meaningful content—turning their audiences into loyal clients. We believe that building your own audience shouldn’t be hardor expensive, and is much more efficient compared to buying it from platforms like Google/Facebook.Who We AreVisibilio was founded by a team of experienced professionals: Alexei Lazarov, former editor-in-chief of Bulgaria’s leading business media Capital; Zoran Arsovski, a marketing professional, entrepreneur, and investor; and Stoyan Kondev, a skilled software developer and BPM consultant. Together, they bring a unique blend of editorial expertise, business acumen, and technological innovation to drive transformative change.What We Do (And Why)Visibilio builds an AI-powered agentic workforce that transforms the way content is created and distributed. With our swarms and constelations of AI agents, telling interesting stories and building loyal audiences is no longer time-consuming or costly. We believe that the way people consume information and how businesses connect with clients is undergoing a profound transformation. In the coming years, it will be essential for companies to think like publishers—creating consistent, meaningful content, building their own audiences, and converting them into loyal customers.At Visibilio, we are developing the tools to make this shift seamless, helping businesses save time, effort, and resources while staying ahead in an evolving digital landscape.
  • Native Teams — Hire anyone, anywhere with Native Teams. Use EOR and PEO services to employ global talent or get compliant employment as a freelancer.
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Mihail Stoychev
Angel · 3 investments in Bulgaria Software startups

Mihail Stoychev is the Founder and CEO of Consentmo and Uxify. Previously worked at SMSBump, exited to Yotpo and NitroPack, exited to WP Engine. Mihail Stoychev attended American University in Bulgaria and Harvard University.

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Investment focus

  • Industry: SaaS, Apps, Shipping
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Bulgaria

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rush — Rush helps Shopify brands increase repeat sales, customer loyalty, and product reviews with a branded order tracking experience shoppers dream about.
  • Icanpreneur — icanpreneur is a global digital accelerator SaaS platform that guides tech entrepreneurs through investment to product and market fit. icanpreneur was founded in 2021 and was headquartered in Grad Sofiya, Bulgaria.
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Danish Chaudhry
Angel · London, England, United Kingdom · 2 investments in Bulgaria Software startups

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

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Web3
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: United States, Bulgaria, India

Investor stats

  • Total investments: 30
  • Round size: Seed $1.6M–$7M; Pre-Seed $1.5M–$3.3M; Venture - Series Unknown $5.5M–$10M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • Nexio — Making Bitcoin Productive
  • Turtle Club — Aggregated, diligenced, personalized onchain yield management.
  • Neutral Trade — Quant Strategies Marketplace backed by @yzilabs @incubator @ergonia_ | Official Links: https://t.co/LducMMFsw0
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Hesham Zreik
Angel · Dubai, Dubai, United Arab Emirates · 2 investments in Bulgaria Software startups

Hesham Zreik is the CEO of FasterCapital. He previously worked at DreamApps as a Project Manager. Hesham attended the University of Westminster.

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Investment focus

  • Industry: Information Technology, Software, E-Commerce
  • Stage:Pre-Seed, Seed, Series A
  • Geography: United States, India, Nigeria

Investor stats

  • Total investments: 1155
  • Round size: Seed $20k–$2M; Pre-Seed $10k–$1M; Series A $170k–$5M
  • Lead/follow: 52% lead, 48% follow

Portfolio highlights

  • Groccery store — Groccery store is a local Groccery store based in Hlotse, Leribe, Lesotho, designed to address a key challenge in the community
  • Excel And Impact Agro — Excel And Impact Agro aims to tackle the chronic shortage of vegetable production in Côte d'Ivoire.
  • Mercy Community School — Mercy Community School is a community-driven education initiative based in Linda Compound, Lusaka, Zambia.
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Casey Armstrong
Angel · Newport Beach, California, United States · 2 investments in Bulgaria Software startups

Casey Armstrong is the CMO at ShipBob.

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Investment focus

  • Industry: E-Commerce, Software, Apps
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: United States, Bulgaria, United Kingdom

Investor stats

  • Total investments: 6
  • Round size: Seed $2.7M–$6M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rush — Rush helps Shopify brands increase repeat sales, customer loyalty, and product reviews with a branded order tracking experience shoppers dream about.
  • Cogsy — Cogsy helps DTC brands eliminate manual spreadsheets and guesswork to automatically order the right inventory at optimal levels and grow in the best way possible.
  • Fairing — Zero party data at speed & scale, for DTC brands on Shopify and beyond. 10x faster survey insights for marketing attribution, personalization, CRO & more
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Emil Tabakov
Angel · Sofia, Grad Sofiya, Bulgaria · 2 investments in Bulgaria Software startups

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

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Investment focus

  • Industry: SaaS, Software, Venture Capital
  • Stage:Angel, Pre-Seed
  • Geography: Bulgaria

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Icanpreneur — icanpreneur is a global digital accelerator SaaS platform that guides tech entrepreneurs through investment to product and market fit. icanpreneur was founded in 2021 and was headquartered in Grad Sofiya, Bulgaria.
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Svetozar Georgiev
Angel · Sofia, Grad Sofiya, Bulgaria · 2 investments in Bulgaria Software startups

Svetozar Georgiev is the Chairman of the Board at BESCO. He attended American University in Bulgaria, Truman State University, and Technology School Electronic Systems (TUES), both associated with Technical University-Sofia.

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Investment focus

  • Industry: Software, SaaS, FinTech
  • Stage:Seed, Pre-Seed, Angel
  • Geography: United Kingdom, Bulgaria, Greece

Investor stats

  • Total investments: 18
  • Round size: Seed $112k–$3.3M; Angel $174k–$204k; Pre-Seed $138k–$1.1M
  • Lead/follow: 28% lead, 72% follow

Portfolio highlights

  • Payhawk — Payhawk is a spending software that simplifies expenses, payments, and card spending for growing businesses. The company's platform enables financial officers and business owners to manage the entire spending lifecycle end-to-end. It collects and analyzes receipts, invoices, and card transactions to help stay in control of the budget with nopaperwork for the employees. With its paperless corporate card linked to an automated expense management, Payhawk provides a product on top of existing banks.Payhawk was founded in 2018 and is headquartered in London, England.
  • Reloyalty — We turn every bank card in Europe into a loyalty card. Reloyalty is a fully automated and personalised loyalty platform on top of card payments leveraging Open Banking / PSD2. We enable users to connect existing bank cards to Reloyalty and unlock 10-50% in reward value from their every day shopping. Participating retailers and banks can getaccess to data about their most valuable customers based on purchasing patterns and launch loyalty campaigns with measurable ROI.Reloyalty was founded with the goal of helping businesses identify their most passionate customers and helping those people get treated as such. They believe that the their relationship with the places where they shop, eat and meet with people are more than transactional.
  • Icanpreneur — icanpreneur is a global digital accelerator SaaS platform that guides tech entrepreneurs through investment to product and market fit. icanpreneur was founded in 2021 and was headquartered in Grad Sofiya, Bulgaria.
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Jonathan Kennedy
Angel · Ottawa, Ontario, Canada · 2 investments in Bulgaria Software startups

Jonathan Kennedy is the Founder and CEO at HeyCarson.He Previously worked at Swiftangels as the Founder.Jonathan Kennedy attended Concordia University in 2009.

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Investment focus

  • Industry: Apps, SaaS, Shipping
  • Stage:Seed, Pre-Seed
  • Geography: Bulgaria

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rush — Rush helps Shopify brands increase repeat sales, customer loyalty, and product reviews with a branded order tracking experience shoppers dream about.
Show all investments...

Access 48,091 investors

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

Browse database — It's Free!
Georgi Atanasov
Angel · Sofia, Grad Sofiya, Bulgaria · 2 investments in Bulgaria Software startups

Georgi Atanasov

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Investment focus

  • Industry: SaaS, Software, Venture Capital
  • Stage:Angel, Pre-Seed
  • Geography: Bulgaria

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Icanpreneur — icanpreneur is a global digital accelerator SaaS platform that guides tech entrepreneurs through investment to product and market fit. icanpreneur was founded in 2021 and was headquartered in Grad Sofiya, Bulgaria.
Show all investments...

Adii Pienaar
Angel · Cape Town, NA - South Africa, South Africa · 2 investments in Bulgaria Software startups

Adii Pienaar is the Head of WooNew of Automattic. He previously worked at Cogsy as a Founder. Adii Pienaar attended Stellenbosch University.

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Investment focus

  • Industry: E-Commerce, Software, Apps
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: United States, Nigeria, Bulgaria

Investor stats

  • Total investments: 7
  • Round size: Seed $450k–$2.7M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Reshop — Get your refund, fast.
  • Rush — Rush helps Shopify brands increase repeat sales, customer loyalty, and product reviews with a branded order tracking experience shoppers dream about.
  • SparkLayer B2B eCommerce — SparkLayer is a powerful B2B eCommerce solution that gives you an easy way to enable B2B functionality on your website. Rapid to setup, simple to use, and integrates beautifully with your existing systems.
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Iliya Valchanov
Angel · San Francisco Bay Area, California, United States · 2 investments in Bulgaria Software startups

Iliya teaches 1.4M+ students on the topics of AI, data science, and machine learning. He is a serial entrepreneur, who has co-founded Team-GPT, 3veta, and 365 Data Science. His latest project, Team-GPT allows SMBs and Enterprises to adopt GPT technologies in a safe, private, and collaborative way, chat with any AI model, organize prompts, anddiscover use cases.

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Investment focus

  • Industry: PaaS, Video, EdTech
  • Stage:Pre-Seed, Debt Financing
  • Geography: Bulgaria

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • 3veta — We started 3veta at the beginning of the pandemic. Back then we found out that on average people spend a shocking 2.5 hours per week scheduling meetings. 3veta handles everything from the scheduling (team-shared calendars, meeting links, invitations, and booking pages) to the actual video calls. Right now we’ve got close to 2000 remote teams usingthe platform . For them, 3veta is cheaper and more user-friendly than getting Microsoft Teams, Google GSuite, or integrating Zoom with other tools.
  • 365 Data Science — 365 Data Science offers data science, machine learning, and AI training to help you land your dream career. Learn ChatGPT, Python, Excel, Tableau, Power BI, and more.
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Petar Petrov
Angel · 1 investments in Bulgaria Software startups

Petar Petrov

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Investment focus

  • Industry: EdTech, Education, Marketplace
  • Stage:Seed
  • Geography: Bulgaria

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • YourTutor — YourTutor.us is actually the American subsidiary of daskal.eu We don't want to sell our technology like Webex or zoom.us but use it to build an online tutoring marketplace around it. In addition the teachers can create also their own video lessons, give tests and homework to the students. It is like a full scale virtual school, which canreplace any brick and mortar school and perhaps the closest competitor is "Connections Academy"of Pearson. We are active in Bulgaria with www.daskal.eu, in USA with yourtutor.us, In December 2017 we started in Germany with www.tutorland.de, and now in march 2018 we launched in Russia with www.onlinerepetitors.ru We also just launched a 4 months pilot in Russian together with MTS which is the biggest Russian telecom
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Judy Halvadjian
Angel · 1 investments in Bulgaria Software startups

Judy Halvadjian

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Investment focus

  • Industry: Software, Blockchain
  • Stage:Pre-Seed
  • Geography: Bulgaria

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ERC World — A multi-chain native NFT marketplace
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Sebastian Kerz
Angel · Hanover, Niedersachsen, Germany · 1 investments in Bulgaria Software startups

Sebastian Kerz

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Investment focus

  • Industry: Software, Elder Care
  • Stage:Pre-Seed
  • Geography: Bulgaria

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Huskycare — Entdecke die Vorteile der Pflegesoftware huskycare. Revolutioniere deinen Arbeitsalltag in der Pflege.
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Nedko Krastev
Angel · Sofia, Grad Sofiya, Bulgaria · 1 investments in Bulgaria Software startups

Nedko Krastev is the Founder of 365 Careers.

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Investment focus

  • Industry: EdTech, Education
  • Stage:Pre-Seed
  • Geography: Bulgaria

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • 365 Data Science — 365 Data Science offers data science, machine learning, and AI training to help you land your dream career. Learn ChatGPT, Python, Excel, Tableau, Power BI, and more.
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Miodrag Stankovic
Angel · Nis, Vojvodina, Serbia · 1 investments in Bulgaria Software startups

Miodrag Stankovic

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Investment focus

  • Industry: Hardware, Child Care, Cloud Computing
  • Stage:Angel
  • Geography: Bulgaria

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • EuroPATC — EuroPATC is a new startup company established in June 2015. Their mission is to help parents and guardians of children (people) with autism to overcome one of their biggest fears - a fear of a lost child - a fear that their loved one is left without the necessary help in times when it is crucial. Their product is a tracking device that integratesadvanced cutting-edge technology with only one purpose, uncompromisingly child safety. The device has been designed in the form of wearable. The service that we provide to users will be one-of-its-kind, carefully designed for children (people) with autism. Their vision, like our mission, is to bring reliable solution and to help parents to OUTRUN THEIR WORST FEAR!
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Stanimir Vassilev
Angel · 1 investments in Bulgaria Software startups

Stanimir Vassilev is the Co-Founder of Management Financial Group. He attended INSEAD .

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Investment focus

  • Industry: Farming, FinTech, Payments
  • Stage:Seed
  • Geography: Bulgaria, United Kingdom

Investor stats

  • Total investments: 5
  • Round size: Seed $567k–$3.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ONDO Smart Farming Solutions — Precise drip irrigation management and control, precise plant nutrition and climate control for various crops - ONDO Smart Farming solutions.
  • Payhawk — Payhawk is a spending software that simplifies expenses, payments, and card spending for growing businesses. The company's platform enables financial officers and business owners to manage the entire spending lifecycle end-to-end. It collects and analyzes receipts, invoices, and card transactions to help stay in control of the budget with nopaperwork for the employees. With its paperless corporate card linked to an automated expense management, Payhawk provides a product on top of existing banks.Payhawk was founded in 2018 and is headquartered in London, England.
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Faris Sweis
Angel · Sofia, Grad Sofiya, Bulgaria · 1 investments in Bulgaria Software startups

Faris Sweis is the Co-Founder and co-CEO at Sentur.

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Investment focus

  • Industry: Software, SaaS, FinTech
  • Stage:Angel, Seed
  • Geography: Bulgaria, United States, United Kingdom

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Payhawk — Payhawk is a spending software that simplifies expenses, payments, and card spending for growing businesses. The company's platform enables financial officers and business owners to manage the entire spending lifecycle end-to-end. It collects and analyzes receipts, invoices, and card transactions to help stay in control of the budget with nopaperwork for the employees. With its paperless corporate card linked to an automated expense management, Payhawk provides a product on top of existing banks.Payhawk was founded in 2018 and is headquartered in London, England.
  • DroneSense — Builders of the most comprehensive drone management and collaboration platform on the market.
  • Icanpreneur — icanpreneur is a global digital accelerator SaaS platform that guides tech entrepreneurs through investment to product and market fit. icanpreneur was founded in 2021 and was headquartered in Grad Sofiya, Bulgaria.
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Rune Sovndahl
Angel · London, England, United Kingdom · 1 investments in Bulgaria Software startups

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

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Investment focus

  • Industry: iOS, Apps, Mobile
  • Stage:Seed
  • Geography: Bulgaria

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Appzio — Create great native apps easy. Appzio is a platform for full stack developers to create native mobile applications. Build and maintain apps from the backend, no compiling, no client side coding.
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Hristo Kosev
Angel · 1 investments in Bulgaria Software startups

Hristo Kosev is a Co-Founder at Healee.

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Investment focus

  • Industry: SaaS, Software, Mental Health
  • Stage:Angel, Pre-Seed
  • Geography: Bulgaria, United States

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Sentur — Own your healing journey beyond your time with a therapist with this evidence-based IFS-inspired app. A powerful self-guided self-therapy app with rich Parts & Self-work functionalities, meditations, and more. Trauma healing support companion app with a 14-day free trial.
  • Icanpreneur — icanpreneur is a global digital accelerator SaaS platform that guides tech entrepreneurs through investment to product and market fit. icanpreneur was founded in 2021 and was headquartered in Grad Sofiya, Bulgaria.
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Dalibor Jevtic
Angel · Belgrade, Vojvodina, Serbia · 1 investments in Bulgaria Software startups

Dalibor Jevtic

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Investment focus

  • Industry: Hardware, Child Care, Cloud Computing
  • Stage:Angel
  • Geography: Bulgaria

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • EuroPATC — EuroPATC is a new startup company established in June 2015. Their mission is to help parents and guardians of children (people) with autism to overcome one of their biggest fears - a fear of a lost child - a fear that their loved one is left without the necessary help in times when it is crucial. Their product is a tracking device that integratesadvanced cutting-edge technology with only one purpose, uncompromisingly child safety. The device has been designed in the form of wearable. The service that we provide to users will be one-of-its-kind, carefully designed for children (people) with autism. Their vision, like our mission, is to bring reliable solution and to help parents to OUTRUN THEIR WORST FEAR!
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Sevdalina Vassileva
Angel · Sofia, Grad Sofiya, Bulgaria · 1 investments in Bulgaria Software startups

Sevdalina Vassileva - Business developer @ EuroPATC

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Investment focus

  • Industry: Hardware, Child Care, Cloud Computing
  • Stage:Angel
  • Geography: Bulgaria

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • EuroPATC — EuroPATC is a new startup company established in June 2015. Their mission is to help parents and guardians of children (people) with autism to overcome one of their biggest fears - a fear of a lost child - a fear that their loved one is left without the necessary help in times when it is crucial. Their product is a tracking device that integratesadvanced cutting-edge technology with only one purpose, uncompromisingly child safety. The device has been designed in the form of wearable. The service that we provide to users will be one-of-its-kind, carefully designed for children (people) with autism. Their vision, like our mission, is to bring reliable solution and to help parents to OUTRUN THEIR WORST FEAR!
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Tim Draper
Angel · San Francisco, California, United States · 1 investments in Bulgaria Software startups, 17 in the past 12 months

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

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Investment focus

  • Industry: Software, FinTech, Financial Services
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Canada

Investor stats

  • Total investments: 322
  • Round size: Seed $356k–$5.9M; Series A $2.5M–$25M; Series B $3M–$50M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • CASIMIR —
  • illumicell AI — illumicell AI combines patented AI algorithms and proprietary microscopy technology to test 50x faster, 20x more effectively, empowering every healthcare provider at the point of care – not just fertility clinics – with accessible, scalable fertility diagnostics.
  • SignalRank — SignalRank Corporation is a FinTech company in the Venture space. It focuses on the seed stage asset class and uses data analytics to allocate capital to the best seed fund managers for their top performing companies. GPRank and CompanyRank are two proprietary algorithms it leverages to automate capital allocation. The company invests from balancesheet. Its customers are seed stage investors with outstanding companies in their portfolio.
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Heslin Kim
Angel · 1 investments in Bulgaria Software startups

With deep engagement within the DLT/blockchain sector since late 2016, Heslin’s key strengths have culminated in his full engagement in accelerating the global tokenization of securities in traditional capital markets. He is a well-known KOL across the Asia Pacific having spoken at over 30 conferences championing tokenized digital securities.Operationally he has helped scale and accelerate previous blockchain businesses across over a dozen countries in the Asia Pacific region. In his previous capacities, he has led business development, sales, and strategic partnerships for both global and regional partnerships based in China, Japan, Singapore, Australia, Korea, Hong Kong, Philippines, Vietnam, Thailand, Malaysia, Indonesia, and Taiwan. To date, his work with various clients and partners has aggregated $27bn+ USD in tokenized assets.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Web3
  • Stage:Seed, Angel, Pre-Seed
  • Geography: India, Estonia, Georgia

Investor stats

  • Total investments: 7
  • Round size: Seed $1.8M–$12M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • NeoFi — Buy, Sell, Trade and Invest in Bitcoin, Ethereum, Shiba Inu, Dogecoin, Cardano, Polygon and 100s other cryptocurrency from India's best cryptocurrency exchange.
  • Crestal — Crestal offers a decentralized platform that meets the objectives of Web3 applications through modular service architecture. The Crestal blockchain monitors and scores services using a Proof of Performance (PoP) consensus process.
  • Optimum — The Universal Data Acceleration Network | Powered by RLNC
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Nedelcho Spasov
Angel · 1 investments in Bulgaria Software startups

Nedelcho Spasov is a Co-Founder of Management Financial Group.

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Investment focus

  • Industry: Farming, FinTech, Payments
  • Stage:Seed
  • Geography: Bulgaria, United Kingdom

Investor stats

  • Total investments: 5
  • Round size: Seed $567k–$3.3M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ONDO Smart Farming Solutions — Precise drip irrigation management and control, precise plant nutrition and climate control for various crops - ONDO Smart Farming solutions.
  • Payhawk — Payhawk is a spending software that simplifies expenses, payments, and card spending for growing businesses. The company's platform enables financial officers and business owners to manage the entire spending lifecycle end-to-end. It collects and analyzes receipts, invoices, and card transactions to help stay in control of the budget with nopaperwork for the employees. With its paperless corporate card linked to an automated expense management, Payhawk provides a product on top of existing banks.Payhawk was founded in 2018 and is headquartered in London, England.
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Dejan Pejcic
Angel · Nis, Vojvodina, Serbia · 1 investments in Bulgaria Software startups

Dejan Pejcic

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Investment focus

  • Industry: Hardware, Child Care, Cloud Computing
  • Stage:Angel
  • Geography: Bulgaria

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • EuroPATC — EuroPATC is a new startup company established in June 2015. Their mission is to help parents and guardians of children (people) with autism to overcome one of their biggest fears - a fear of a lost child - a fear that their loved one is left without the necessary help in times when it is crucial. Their product is a tracking device that integratesadvanced cutting-edge technology with only one purpose, uncompromisingly child safety. The device has been designed in the form of wearable. The service that we provide to users will be one-of-its-kind, carefully designed for children (people) with autism. Their vision, like our mission, is to bring reliable solution and to help parents to OUTRUN THEIR WORST FEAR!
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Selahattin Zoralioğl
Angel · Istanbul, Istanbul, Turkey · 1 investments in Bulgaria Software startups

Selahattin Zoralioğl

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Investment focus

  • Industry: SaaS, Analytics, Customer Service
  • Stage:Seed, Convertible Note
  • Geography: Turkey, Bulgaria

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • SORWE — Welcome to a seamless employee experience journey. We help you create an inclusive engagement and performance cycle on mobile.
  • SessionStack — With its auto-capture capabilities and retroactive data history, SessionStack tracks all (un)predicted user behavior to leave no blind spots on product usage, discovering new conversion opportunities and validating your growth ideas right away. SessionStack provides a holistic workflow for digital experience analysis, from a user's Sessionreplay to Segmentation of common behaviors, to following their Trends in charts and comparing user segments in Funnels. Co-browsing and Live collaboration tools ensure customer success on the spot. Session replay combined with dev-tools decreases issue reproduction time. SessionStack DXI platform enhanced the whole team's efficiency towards faster product growth.
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Bogomil Balkansky
Angel · San Francisco, California, United States · 1 investments in Bulgaria Software startups

Bogomil Balkansky is a Partner at Sequoia Capital. He started his career as a management consultant at McKinsey & Company. Bogomil holds a bachelor of arts in Mathematics from Cornell University and an MBA from Stanford Graduate School of Business.

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Investment focus

  • Industry: Software, Enterprise Software, Artificial Intelligence
  • Stage:Seed, Series A, Series B
  • Geography: United States, Israel, Bulgaria

Investor stats

  • Total investments: 70
  • Round size: Seed $1.2M–$7M; Series A $15M–$60M; Series B $30M–$120M
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • Cortex — Cortex makes it easy for engineering organizations to gain visibility into their services and deliver high quality software.
  • Cortex — Cortex makes it easy for engineering organizations to gain visibility into their services and deliver high quality software.
  • Stoke — Stoke is a freelance management system (FMS) that makes it easy for companies to work with independent contractors. It reduces the hassle of hiring, onboarding, tracking, and managing invoices while ensuring full legal and tax compliance. Stoke works with companies of all sizes, including unicorns like TripActions, SimilarWeb, Scale.ai, andVerbit.
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822 industries, 177 countries. Updated daily. Emails and phones included.

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Pressian Karakostov
Angel · Varna, Varna, Bulgaria · 1 investments in Bulgaria Software startups

Pressian Karakostov is a Founder and Chairman at PhoneArena company. Pressian previously worked at PubGalaxy as a Founder and Chairman. He attended Harvard Business School Executive Education in 2017.

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Investment focus

  • Industry: Software, B2B, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Bulgaria, United Kingdom

Investor stats

  • Total investments: 4
  • Round size: Seed $529k–$2.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Outdid — Verify identities with no storage, processing, or access of private personal information
  • Swipe.bg — Swipe.bg is the first Bulgarian platform for buying and selling second-hand mobile phones.
  • Icanpreneur — icanpreneur is a global digital accelerator SaaS platform that guides tech entrepreneurs through investment to product and market fit. icanpreneur was founded in 2021 and was headquartered in Grad Sofiya, Bulgaria.
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Boyan Todorov
Angel · 1 investments in Bulgaria Software startups

Investment focus

  • Industry: Software, Blockchain
  • Stage:Pre-Seed
  • Geography: Bulgaria

Investor stats

  • Total investments: 1
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • ERC World — A multi-chain native NFT marketplace
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Georgi Zahariev
Angel · 1 investments in Bulgaria Software startups

Georgi Zahariev is an angel investor.

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Investment focus

  • Industry: Farming, Software, Consulting
  • Stage:Seed
  • Geography: Bulgaria, United Kingdom

Investor stats

  • Total investments: 2
  • Round size: Seed $720k–$1.2M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • ONDO Smart Farming Solutions — Precise drip irrigation management and control, precise plant nutrition and climate control for various crops - ONDO Smart Farming solutions.
  • Fabrico SaaS — Fabrico is a cloud-based CMMS, which manages all the maintenance processes in a production plant by integrating end-to-end maintenance strategies in a lean way.
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Yair Miron
Angel · 1 investments in Bulgaria Software startups

CEO & Founder @ Rise.ai

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Investment focus

  • Industry: Apps, SaaS, Shipping
  • Stage:Seed
  • Geography: Bulgaria

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rush — Rush helps Shopify brands increase repeat sales, customer loyalty, and product reviews with a branded order tracking experience shoppers dream about.
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Polina Todorova
Angel · 1 investments in Bulgaria Software startups

Polina Todorova

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Investment focus

  • Industry: EdTech, Education, Marketplace
  • Stage:Seed
  • Geography: Bulgaria

Investor stats

  • Total investments: 1
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • YourTutor — YourTutor.us is actually the American subsidiary of daskal.eu We don't want to sell our technology like Webex or zoom.us but use it to build an online tutoring marketplace around it. In addition the teachers can create also their own video lessons, give tests and homework to the students. It is like a full scale virtual school, which canreplace any brick and mortar school and perhaps the closest competitor is "Connections Academy"of Pearson. We are active in Bulgaria with www.daskal.eu, in USA with yourtutor.us, In December 2017 we started in Germany with www.tutorland.de, and now in march 2018 we launched in Russia with www.onlinerepetitors.ru We also just launched a 4 months pilot in Russian together with MTS which is the biggest Russian telecom
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Software Angel investor funding in Bulgaria at a glance

Stats across 12 deals from 17 investors.

17
investors
in Bulgaria Software startups
12
deals
in Bulgaria Software startups
$519k
median round
in Bulgaria Software startups
12%
lead investors
lead at least one round
42%
Seed
most common funding stage

Access all 17 angel investors in Bulgaria Software startups.

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