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Top 30 Software Startup Investors in Serbia (August 2026)

The most active venture capital funds and angel investors investing in Serbia Software startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Serbia Software 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
6 United States, United Kingdom, Serbia Seed, Pre-Seed, Series A Software, SaaS, Artificial Intelligence $33k–$5M
Credo Ventures
VC Fund
5 United States, United Kingdom, Czech Republic Seed, Series A, Pre-Seed Software, Information Technology, Artificial Intelligence $371k–$19M
Underline Ventures
VC Fund
4 Romania, United States, Serbia Seed, Pre-Seed, Series A Software, Machine Learning, E-Commerce $865k–$19M
SMOK Ventures
VC Fund
4 Poland, United States, Ukraine Seed, Pre-Seed Software, Information Technology, SaaS $54k–$3M
Fiedler Capital
VC Fund
3 Hungary, Latvia, Serbia Seed, Pre-Seed, Series A Software, Information Technology, Mobile Apps $154k–$4M
European Bank for Reconstruction and Development
VC Fund
3 Turkey, Egypt, Ukraine Debt Financing, Post-IPO Debt, Private Equity Financial Services, Banking, Energy $5M–$320M
Earlybird Digital East Fund
VC Fund
3 Seed $1.5M–$10M
Earlybird Venture Capital
VC Fund
3 Germany, United States, United Kingdom Series A, Seed, Series B Software, Information Technology, Artificial Intelligence $1.5M–$75M
Fortech Investments
VC Fund
3 Romania, United States, Serbia Seed, Pre-Seed, Venture - Series Unknown Software, Artificial Intelligence, Big Data $147k–$1.2M
Innovation Fund Serbia
VC Fund
2 Serbia, United States Pre-Seed, Grant Artificial Intelligence, Software, Analytics $52k–$133k
Xenia Muntean
Angel
2 Serbia, Slovenia Seed Software, E-Commerce, Manufacturing $1.2M–$1.5M
Tihomir Bajic
Angel
2 Serbia, Canada, United States Seed, Pre-Seed, Series B Software, Blockchain, CRM $800k–$5M
Crew Capital
VC Fund
2 United States, United Kingdom, Brazil Seed, Series A, Series B Software, SaaS, Information Technology $3.5M–$94M
SeedBlink
VC Fund
2 Romania, United States, United Kingdom Seed, Pre-Seed, Series A Software, SaaS, Information Technology $137k–$35M
Version One Ventures
VC Fund
2 United States, Canada, United Kingdom Seed, Series A, Series B Software, Internet, Blockchain $1.5M–$55M
Eleven Ventures
VC Fund
2 Bulgaria, United States, United Kingdom Seed, Convertible Note, Pre-Seed Software, SaaS, Information Technology $27k–$2.7M
Point Nine
VC Fund
2 Germany, United States, France Seed, Series A, Series B Software, SaaS, Internet $900k–$62M
Accel
VC Fund
2 United States, India, United Kingdom Series A, Series B, Seed Software, SaaS, Information Technology $1.6M–$75M
ICT Hub Venture
VC Fund
2 Serbia, Germany Pre-Seed, Seed Software, SaaS, B2B $33k–$59k
PvX Partners
VC Fund
1 United States, Cyprus, Brazil Debt Financing, Corporate Round Apps, Software, Mobile Apps $10M–$100M
Sergey Budyakov
Angel
1 Serbia, United States Pre-Seed Beauty, Chatbot, Artificial Intelligence $30k–$30k
Charlie Songhurst
Angel
1 United Kingdom, United States, Germany Seed, Pre-Seed Software, Information Technology, Artificial Intelligence $542k–$8.5M
Iulian Circiumaru
Angel
1 Serbia, Romania Seed Retail, Software, Wine and Spirits $965k–$1.2M
Ivan Bjelajac
Angel
1 Serbia Seed SaaS, Web3, FinTech
Script Capital
VC Fund
1 United States, France, Serbia Seed, Series B Software, Apps, Billing $1.3M–$7M
Eric Ries
Angel
1 United States, Serbia, Australia Seed, Series A, Pre-Seed Software, SaaS, Internet $40k–$14M
V7 Capital
VC Fund
1 Serbia Seed Software
Moonfire Ventures
VC Fund
1 United Kingdom, United States, France Seed, Series A, Pre-Seed Software, Artificial Intelligence, Information Technology $500k–$25M
Ronyp Kahan
Angel
1 United States, United Kingdom, Serbia Seed, Series A, Series B Software, SaaS, B2B $635k–$27M
Vlad Ionescu
Angel
1 United States, Serbia, Romania Seed, Series A B2B, Software, Cyber Security $212k–$7M
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Investor list

South Central Ventures
VC Fund · Belgrade, Vojvodina, Serbia · 6 investments in Serbia Software 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, Pre-Seed, Series A
  • Geography: United States, United Kingdom, Serbia

Investor stats

  • Total investments: 63
  • Round size: Seed $219k–$2.8M; Pre-Seed $33k–$2M; Series A $329k–$5M
  • Lead/follow: 59% lead, 41% follow
  • Last fund: Likely still investing — raised $82M in 2022

Portfolio highlights

  • GlycanAge — The only biological age test that accurately measures your unique response to life changes. Discover your biological age and make lifestyle improvements!
  • 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.
  • Alchemy — Alchemy Cloud software accelerates innovation and product development in applied science labs all over the world.
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Credo Ventures
VC Fund · Prague, Hlavni mesto Praha, Czech Republic · 5 investments in Serbia Software 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, Information Technology, Artificial Intelligence
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, United Kingdom, Czech Republic

Investor stats

  • Total investments: 164
  • Round size: Seed $800k–$7M; Pre-Seed $371k–$4M; Series A $2M–$19M
  • Lead/follow: 34% lead, 66% follow

Portfolio highlights

  • Modeinspect — acreom is the integrated markdown knowledge base with tasks. Your personal daily driver for your dev workflow.
  • IP Fabric — Automated Networks Assurance Platform fully maps complete network infrastructure, providing hyper-converged visibility and a single point of truth for global networks, provides advanced visualization for troubleshooting issues, and simulates network behavior to infer deviation from policy or infer risks which could cause an outage in the future.
  • Contentyze — Contentyze develops a content generation platform, integrating cutting edge deep learning research with commercial applications in marketing, media and e-commerce.
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Underline Ventures
VC Fund · Bucharest, Bucuresti, Romania · 4 investments in Serbia Software 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: 19
  • Round size: Seed $1.2M–$5.5M; Pre-Seed $865k–$2M; Series A $14M–$19M
  • Lead/follow: 16% lead, 84% follow

Portfolio highlights

  • Almetra — We use computer vision and AI analytics to provide insights into manual assembly processes - our platform supports process engineers in driving productivity and quality of assembly processes
  • Bible Chat — Bible Chat is the best Christian AI app that lets you talk to the Bible, ask faith questions, request prayers, and study Scripture. Try now for free!
  • DesignVerse — Build complex enterprise software using context.
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SMOK Ventures
VC Fund · Warsaw, Mazowieckie, Poland · 4 investments in Serbia Software 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: 80
  • Round size: Seed $477k–$3M; Pre-Seed $54k–$1.4M
  • Lead/follow: 53% lead, 47% follow
  • Last fund: Likely still investing — raised $25M in 2024

Portfolio highlights

  • Paypercut — Paypercut is a fintech startup that allows small and mid-scaled merchants to offer Buy Now, Pay Later at checkout via a single integration.
  • Primio — The Fastest Way From Idea to App Store Native iOS and Android. Web included. Ready for app stores in minutes.
  • Principle — Test your strategic decisions before you commit. Principle simulates competitors, regulators, and market forces to stress-test your bets against adversarial reality.
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Fiedler Capital
VC Fund · Vienna, Wien, Austria · 3 investments in Serbia Software 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: 22
  • Round size: Seed $965k–$4M; Pre-Seed $154k–$1.5M
  • Lead/follow: 9% lead, 91% 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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European Bank for Reconstruction and Development
VC Fund · London, England, United Kingdom · 3 investments in Serbia Software startups

The European Bank for Reconstruction and Development (EBRD) invests in changing lives. Through our financial investments, business services and work on policy reform, we're doing more than ever before to build open, market economies across 3 continents.

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Investment focus

  • Industry: Financial Services, Banking, Energy
  • Stage:Debt Financing, Post-IPO Debt, Private Equity
  • Geography: Turkey, Egypt, Ukraine

Investor stats

  • Total investments: 472
  • Round size: Post-IPO Debt $17M–$320M; Debt Financing $5M–$211M; Private Equity $11M–$100M
  • Lead/follow: 76% lead, 24% follow

Portfolio highlights

  • İşbank — İşbank is a Turkish commercial banking service provider.
  • Mlinar — Mlinar is the bakery retail and wholesale business in Croatia and operates the largest bakery retail network in South East Europe.
  • National Bank of Greece — The term i-bank adopted in April 2009 as a single name for all electronic service networks of the National Bank (Internet, Phone & Mobile Banking, ATM and Automated Payment -APS).Through the site of i-bank participate in contests with great prizes , learn the latest news from the world of technology , innovation and entrepreneurship and youthinformed about events in the i-bank store and the latest developments of the Contest «i -bank Innovation & Technology " .
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Earlybird Digital East Fund
VC Fund · Istanbul, Istanbul, Turkey · 3 investments in Serbia Software startups

Earlybird Digital East Fund is an investment firm that focuses on early stage companies in Eastern Europe and Turkey.

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Investment focus

  • Stage:Seed

Investor stats

  • Total investments: 45
  • Round size: Seed $1.5M–$10M
  • Lead/follow: 31% lead, 69% follow

Portfolio highlights

  • FintechOS — FintechOS is the AI platform for financial product operations. Design, price, launch, and evolve financial products with governed AI and reduced core dependency.
  • Simr (formerly UberCloud) — UberCloud's HPC Simulation Platform helps engineers run faster simulations and helps overworked IT teams gain control.
  • Picus — The Complete Security Control Validation Platform | Stay proactive by validating your security controls with attack scenarios, empower your Red, Purple, Blue teams.
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Earlybird Venture Capital
VC Fund · Berlin, Berlin, Germany · 3 investments in Serbia Software 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: 364
  • Round size: Seed $1.5M–$14M; Series A $4.4M–$34M; Series B $6M–$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
  • TrillerTV — FITE is a direct-to-consumer digital live streaming service for combat sports. The platform is specializing in broadcasting professional wrestling, mixed martial arts and boxing events. FITE streams a rich array of live pay-per-view events, subscription packages and thousands of hours of live and on-demand free programs to millions of fans aroundthe world.FITE's mission is to help fans discover and watch premium live events, and help programmers to distribute and monetize them. While FITE's beachhead market is combat sports, the product is designed to serve over time a much wider range of premium live programming.It was founded in 2016 and is headquartered in Uniondale, New York, United States.
  • Neuracore — The robot skill creation engine: collect demonstrations, curate datasets, train imitation and reinforcement learning policies, and deploy them on real robots, all on one platform.
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Fortech Investments
VC Fund · 3 investments in Serbia Software 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, Artificial Intelligence, Big Data
  • Stage:Seed, Pre-Seed, Venture - Series Unknown
  • Geography: Romania, United States, Serbia

Investor stats

  • Total investments: 19
  • Round size: Seed $147k–$1.2M; Pre-Seed $416k–$922k; Venture - Series Unknown $482k–$500k
  • Lead/follow: 42% lead, 58% follow

Portfolio highlights

  • SaleSqueze — Where outdoor living products get designed in 3D, priced, quoted and sold: by your customers online, and your team in the showroom, the field or the office.
  • 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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Innovation Fund Serbia
VC Fund · Belgrade, Vojvodina, Serbia · 2 investments in Serbia Software startups

Serbia was one of the first countries in the region to embrace the so-called “innovation imperative”, that is the notion that successful participation in the global knowledge economy requires the ability to adapt and advance new technological and research capabilities that involve public and private collaboration.Operational since 2011, theInnovation Fund has been a pioneering effort to operationalize and institutionalize this imperative – first by increasing the capacity of startups and resources available for their growth. It is part of a broader innovation strategy now under development.The intention of the Innovation Fund is to contribute to the overall development of innovations through various financial aid instruments, particularly by fostering the establishment of new and strengthening the existing companies, by positioning them to access venture capital markets, and by attracting foreign direct investment in the high-tech research and development.Innovation Fund aims to promote linkages between research and technology development and economy, and encourage and support the development of innovative technologies.The EU’s support for the Innovation Fund has been instrumental in advancing Serbia’s innovation financing and promoting better integration between the research and private sectors. The Fund is thus an important step towards closer links between Serbia’s and EU’s research communities and innovation ecosystems. It enables the positioning of Serbia as a leader in the region and the establishment of links with the EU and global markets. So far, the EU has allocated around EUR 13 million from the IPA funds to the Innovation Fund.

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Investment focus

  • Industry: Artificial Intelligence, Software, Analytics
  • Stage:Pre-Seed, Grant
  • Geography: Serbia, United States

Investor stats

  • Total investments: 5
  • Round size: Grant $84k–$113k; Pre-Seed $52k–$133k
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • VLADAM — VLADAM is an automated smart (AI-based) cryptocurrency trading solution that generates and maintains passive income from cryptocurrency trading.
  • Valuator — Upravljanje nabavkom jednim klikom
  • INVT Novi Sad — We are a multidisciplinary team comprising experts in the domain of artificial intelligence, law, user experience and seasoned IT engineers. Our experience in developing mobile applications and online services provided us with insight into privacy policy challenges. Together with our data privacy and legal tech consultants and user experienceexperts we are working on bringing the complex aspects of privacy policies to end users in a simple, yet informing way.
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Access 48,091 investors

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

Browse database — It's Free!
Xenia Muntean
Angel · San Francisco, California, United States · 2 investments in Serbia Software startups

Xenia Muntean is a tech entrepreneur, passionate about all things social media. She is co-founder and CEO at Planable.

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Investment focus

  • Industry: Software, E-Commerce, Manufacturing
  • Stage:Seed
  • Geography: Serbia, Slovenia

Investor stats

  • Total investments: 3
  • Round size: Seed $1.2M–$1.5M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • SaleSqueze — Where outdoor living products get designed in 3D, priced, quoted and sold: by your customers online, and your team in the showroom, the field or the office.
  • Collabwriting — Collabwriting is a simple browser extension that helps you share, comment and collaborate on content you find online
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Tihomir Bajic
Angel · Toronto, Ontario, Canada · 2 investments in Serbia Software startups

Tihomir Bajic is the CEO of LTSE Software.

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Investment focus

  • Industry: Software, Blockchain, CRM
  • Stage:Seed, Pre-Seed, Series B
  • Geography: Serbia, Canada, United States

Investor stats

  • Total investments: 5
  • Round size: Seed $3.1M–$5M; Pre-Seed $800k–$814k
  • Lead/follow: 20% lead, 80% follow

Portfolio highlights

  • Tenderly — Ethereum developer platform that enables you to build innovative blockchain products.
  • LeadDelta — Organize your team's connections, surface warm intros with AI, and work every conversation from one inbox. Used by 40,000+ professionals. No spam.
  • Orgnostic — Orgnostic is the human capital analytics platform for startups. Orgnostic provides investors and leadership teams with high-quality organizational insights that link organizational dynamics with companies’ bottom lines, creating better and more sustainable businesses for the new economy.
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Crew Capital
VC Fund · New York, New York, United States · 2 investments in Serbia Software 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: 49
  • Round size: Seed $3.5M–$12M; Series A $13M–$51M; Series B $10M–$94M
  • Lead/follow: 16% lead, 84% follow
  • Last fund: May invest from a new fund soon — last raise in 2020

Portfolio highlights

  • 6thSense — 6thSense is an AI and robotics data engineering startup that builds tactile egocentric datasets for training the next generation of dexterous robots.
  • Qualitate — Qualitate deploys the world's most intelligent AI moderator to conduct expert-driven conversations at scale - uncovering high-quality insights, fast.
  • Membrane — Integrate any API instantly. Keep integrations working as things change. Membrane is agentic integration infrastructure with unlimited API coverage.
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Version One Ventures
VC Fund · Vancouver, British Columbia, Canada · 2 investments in Serbia Software 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: 158
  • Round size: Seed $1.5M–$5.7M; Series A $4M–$22M; Series B $8M–$55M
  • Lead/follow: 23% lead, 77% follow

Portfolio highlights

  • Roost — Founded in early 2019 and based in Toronto, Roost is building the ultimate end-to-end rental platform to make long-term renting as streamlined as booking a hotel. Focused on Gen Z and Millennial renters, we're leveraging data and hyper-personalization to create innovative real estate and financial technology products to empower the moderntenant and landlord to rent better.We're backed by leading venture capital firms including Version One Ventures, Panache Ventures, and Union Capital, as well as several angel investors including the co-founder of Dayforce and a former executive at Uber.We’re passionate about technology and its impacts on the real world and envision a future where home is never more than a few clicks away. Let's help the world rent better - join us!
  • Pilot Protocol — Network OS for AI Agents
  • Arctus Aerospace — We build unmanned airplanes for zero infrastructure earth observation. We fly at 45,000 feet for 24 hours at a go.
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Eleven Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 2 investments in Serbia Software 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: 149
  • Round size: Seed $27k–$2.7M; Pre-Seed $219k–$1.1M; Convertible Note $27k–$121k
  • Lead/follow: 39% lead, 61% follow
  • Last fund: Likely still investing — raised $68M in 2022

Portfolio highlights

  • Flataway.ai — Flataway - the home of subscription living. Live & work from anywhere in a trusted proffessionally managed accomodation.
  • nFuse.ai — nFuse scales your B2B sales with AI. Up to 30% revenue uplift, $1 per order processing cost, live in 30 days. No new apps, no behavior change.
  • Blue Longevity — Blue Longevity is a supplier of longevity medicine that offers evidence-based, individualized, and integrated approaches to improve longevity and encourage good aging. It uses digital coaching in conjunction with state-of-the-art diagnostics, lifestyle medicine, and regenerative therapies to develop customized workout, stress-reduction, and dietplans.
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Point Nine
VC Fund · Berlin, Berlin, Germany · 2 investments in Serbia Software 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: 265
  • Round size: Seed $900k–$7.7M; Series A $3.2M–$24M; Series B $10M–$62M
  • Lead/follow: 35% lead, 65% follow

Portfolio highlights

  • Sereact — The only real-world verified Vision-Language-Action AI. Proven at scale. Trained on the world's largest dataset of robotic picks.
  • Delivery Hero — Delivery Hero is the world's leading local delivery company. We are on a mission to deliver an amazing experience - fast, easy, and to your door.
  • Polar Analytics — Your Shopify Analytics. Effortless. Centralized. Smart. Connect your datasource in one clic, automatically calculate KPIs. Visualize them all in one place. Get alerts and recommendations in realtime
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Accel
VC Fund · Palo Alto, California, United States · 2 investments in Serbia Software startups

First partner to exceptional teams everywhere

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Investment focus

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

Investor stats

  • Total investments: 2095
  • Round size: Seed $1.6M–$10M; Series A $4.5M–$41M; Series B $9.5M–$75M
  • Lead/follow: 43% lead, 57% follow
  • Last fund: May invest from a new fund soon — raised $14M in 2019

Portfolio highlights

  • Vercel — The autonomous stack for every app and agent.
  • Nimble Storage — Nimble Storage solutions are built on the idea that enterprises should not have to compromise between performance, capacity, ease of management, and price. Nimble's patented Cache Accelerated Sequential Layout (CASL) architecture, designed from the ground up to effectively combine flash with high capacity drives, makes high performanceaffordable, simplifies and enhances disaster recovery and backup, and delivers stress-free operations.Nimble Storage is funded by
  • Shift Technology — Shift Technology delivers AI-native decision automation and optimization solutions built specifically for the global insurance industry. Addressing several critical processes across the insurance policy lifecycle, Shift helps insurers achieve faster, more accurate claims and policy resolutions. Shift has analyzed billions of insurance transactionsto date and was presented Frost & Sullivan’s 2020 Global Claims Solutions for Insurance Market Leadership Award.
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ICT Hub Venture
VC Fund · Belgrade, Vojvodina, Serbia · 2 investments in Serbia Software startups

Omorika is the traditional name of Picea omorika, one of the most fascinating endemic trees in the world. Our fund is named Omorika in honor of this endangered beauty.morika is the perfect symbol of our investment fund (authentic and rare) and what it strives to become (gigantic and strong). It is also an ideal measure we are looking for in our future partners - endurance and groundbreaking spirit.

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Investment focus

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

Investor stats

  • Total investments: 4
  • Round size: Pre-Seed $33k–$59k
  • 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 — Manage 3rd party delivery, integrate online orders to POS, manage menus on delivery platforms and orchestrate on-demand delivery networks.
  • 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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PvX Partners
VC Fund · Singapore, Central Region, Singapore · 1 investments in Serbia Software startups, 13 in the past 12 months

PvX Partners is a platform designed to help consumer apps scale. PvX Capital is our first line of services focused on cohort financing: fast, flexible capital without the risk and drawbacks of traditional equity or debt. PvX Capital enables you to scale marketing spends meaningfully without the worry of equity dilution or loan defaults. PvX is alsodeveloping an operating system for growth — a unified platform enabling incremental ROAS. A single integration that will grant you access to the industry’s most useful tools proven to help consumer businesses scale.

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Investment focus

  • Industry: Apps, Software, Mobile Apps
  • Stage:Debt Financing, Corporate Round
  • Geography: United States, Cyprus, Brazil

Investor stats

  • Total investments: 13
  • Round size: Debt Financing $10M–$100M
  • Lead/follow: 92% lead, 8% follow

Portfolio highlights

  • Luni — One team. Several brands. Millions of people. Endless creativity.
  • Feenko — Feenko is a personal finance and subscription management app that helps users identify, track, and manage recurring subscription payments.
  • Shortical — Big stories made for your phone. Discover original vertical series built for the way people watch today. Shortical brings cinematic storytelling into quick, addictive episodes you can enjoy anytime, anywhere.
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Sergey Budyakov
Angel · 1 investments in Serbia Software startups

Sergey Budyakov

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Investment focus

  • Industry: Beauty, Chatbot, Artificial Intelligence
  • Stage:Pre-Seed
  • Geography: Serbia, United States

Investor stats

  • Total investments: 2
  • Round size: Pre-Seed $30k–$30k
  • Lead/follow: 100% lead, 0% follow

Portfolio highlights

  • AI Beauty Bot — AI BEAUTY BOT is a 24/7 AI admin for beauty salons that automates client communication and bookings, ensuring no inquiries are missed and boosting your revenue effortlessly.
  • AI Beauty Bot — AI BEAUTY BOT is a 24/7 AI admin for beauty salons that automates client communication and bookings, ensuring no inquiries are missed and boosting your revenue effortlessly.
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Charlie Songhurst
Angel · Greater Seattle Area, Washington, United States · 1 investments in Serbia Software startups

Charles Songhurst is a founding partner of Katana Capital, a long-short equity hedge fund. He also runs the Songhurst Group, which holds assets in a variety of private companies.Charles ran corporate strategy for Microsoft and focused on partnering and M&A. He was involved in the Yahoo acquisition and commercial deal, and the Skypeacquisition. Before running corporate strategy, Charles was focused on the emergence of Google and the growth of the search industry.Prior, Charles was an analyst at McKinsey & Company in London. Charles received a bachelor’s degree from Oxford University in politics, philosophy, and economics.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Seed, Pre-Seed
  • Geography: United Kingdom, United States, Germany

Investor stats

  • Total investments: 214
  • Round size: Seed $1.1M–$8.5M; Pre-Seed $542k–$5.1M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Skrap — Skrap is an on-demand mobile marketplace for skip hire and other waste collection services.
  • Uncovr — Surgical video is the biggest dark data in medicine. We turn it into operative reports, billing codes, and clinical intelligence automatically
  • Structured AI — Construction AI QA/QC software that automatically reviews drawing packages and catches errors, code issues, and coordination clashes before they reach the field.
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Iulian Circiumaru
Angel · 1 investments in Serbia Software startups

Iulian Circiumaru is the co-founder of Benefit Seven.

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Investment focus

  • Industry: Retail, Software, Wine and Spirits
  • Stage:Seed
  • Geography: Serbia, Romania

Investor stats

  • Total investments: 4
  • Round size: Seed $965k–$1.2M
  • Lead/follow: 25% lead, 75% follow

Portfolio highlights

  • Zaganu — Zaganu is a beverage company that specializes in producing a variety of beers.
  • Collabwriting — Collabwriting is a simple browser extension that helps you share, comment and collaborate on content you find online
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Ivan Bjelajac
Angel · Belgrade, Vojvodina, Serbia · 1 investments in Serbia Software startups

I am a serial entrepreneur who has been building software products since 2001, leading to 6 startup exits. In 2015 I fell in love with web3 and am now 100% focused on building the infrastructure for fast and scalable fault-tolerant internet.

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Investment focus

  • Industry: SaaS, Web3, FinTech
  • Stage:Seed
  • Geography: Serbia

Investor stats

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

Portfolio highlights

  • Tenderly — Ethereum developer platform that enables you to build innovative blockchain products.
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Script Capital
VC Fund · Paris, Ile-de-France, France · 1 investments in Serbia Software startups

Script Capital specializes in venture capital investments and invests in the information technology and consumer products and services sectors. It is a venture capital company development that aims to be a portfolio of investments in the fields of energy technology, environment, and information with a vision of sustainable development.ScriptCapital was established in 2007 and is based in Paris, France.

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Investment focus

  • Industry: Software, Apps, Billing
  • Stage:Seed, Series B
  • Geography: United States, France, Serbia

Investor stats

  • Total investments: 5
  • Round size: Seed $1.3M–$7M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Orgnostic — Orgnostic is the human capital analytics platform for startups. Orgnostic provides investors and leadership teams with high-quality organizational insights that link organizational dynamics with companies’ bottom lines, creating better and more sustainable businesses for the new economy.
  • Gamma — Meet the modern memo. Write like a doc, present like a deck, discuss live or async.
  • OneRoof — OneRoof is an app that helps meet people with similar interests living in your building and build new friendships. Communication should go further than a nod in the elevator.
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Eric Ries
Angel · San Francisco, California, United States · 1 investments in Serbia Software startups

Eric Ries is the Founder and Executive Chairman of Long-Term Stock Exchange. He previously worked at Kleiner Perkins Caufield and Byers as a Venture Advisor. Eric Ries attended Yale University.

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Investment focus

  • Industry: Software, SaaS, Internet
  • Stage:Seed, Series A, Pre-Seed
  • Geography: United States, Serbia, Australia

Investor stats

  • Total investments: 67
  • Round size: Seed $500k–$6.1M; Pre-Seed $40k–$3.4M; Series A $1M–$14M
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Augie Studio — Helping people make more compelling videos, at a fraction of the time and effort
  • Sinatra — Sinatra is a technology company that, with its all-in-one app, aims to revolutionize the hospitality industry. It provides Sinatra Training, which enables continuous digital training for employees by allowing employers to upload content and employees to access it via the app.
  • Harmony Intelligence — AI cybersecurity products that solve your AppSec, SecOps, and corporate security challenges.
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V7 Capital
VC Fund · Bucharest, Bucuresti, Romania · 1 investments in Serbia Software startups

Guided by trust, responsibility, and vision, we back entrepreneurs whose long-term perspective builds resilience, sustainability, and meaningful change.

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Investment focus

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

Investor stats

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

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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Moonfire Ventures
VC Fund · London, England, United Kingdom · 1 investments in Serbia Software startups, 10 in the past 12 months

At Moonfire, we team up with the most innovative early-stage founders to invest where our sectors of focus intersect with global technological disruption.

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Investment focus

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

Investor stats

  • Total investments: 65
  • Round size: Seed $2.5M–$8M; Pre-Seed $500k–$3.4M; Series A $11M–$25M
  • Lead/follow: 32% lead, 68% follow
  • Last fund: Likely still investing — fund raised in 2023

Portfolio highlights

  • Mokn — Phish-back your credentials from attackers using contextualized deceptive technology.
  • Beglaubigt.de — https://t.co/BCWk4L679n ist die erste Plattform zur Digitalisierung des Notariats in Europa.
  • Weave — Engineering intelligence for the AI era (YC W25)
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Ronyp Kahan
Angel · Austin, Texas, United States · 1 investments in Serbia Software startups

Rony Kahan is the CEO and co-founder of Indeed, the world's leading job site. More people get hired with Indeed than anywhere else. Rony previously co-founded jobsinthemoney.com, the leading job site for financial professionals in 1998 and sold it to Financial News in 2003. Rony's background includes technology consulting at AndersenConsulting (now Accenture) and consumer goods product marketing. He holds an MBA with Distinction from INSEAD and a BSc Honors in Economics from Texas A&M University.

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Investment focus

  • Industry: Software, SaaS, B2B
  • Stage:Seed, Series A, Series B
  • Geography: United States, United Kingdom, Serbia

Investor stats

  • Total investments: 19
  • Round size: Seed $635k–$4M; Series A $5.4M–$8M; Series B $15M–$27M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Trainual — Trainual is the only training and knowledge management platform that's also rated number one for onboarding, SOPs, process documentation, and learning management. Used and loved by hundreds of thousands of small biz leaders worldwide.
  • Orgnostic — Orgnostic is the human capital analytics platform for startups. Orgnostic provides investors and leadership teams with high-quality organizational insights that link organizational dynamics with companies’ bottom lines, creating better and more sustainable businesses for the new economy.
  • Hyper — Our Augmented Reality platform enables every business to serve their customers on a one-to-one basis, with guidance and information to supercharge their experience.
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Vlad Ionescu
Angel · 1 investments in Serbia Software startups

Vlad Ionescu is Chief Marketing Officer at Tokinomo - Robotic Shelf Advertising. Attended at University of Bucharest.

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Investment focus

  • Industry: B2B, Software, Cyber Security
  • Stage:Seed, Series A
  • Geography: United States, Serbia, Romania

Investor stats

  • Total investments: 8
  • Round size: Seed $212k–$1.5M; Series A $6.5M–$7M
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Metadata — Metadata is an autonomous demand generation platform that automates the most critical but often tedious tasks in marketing to help companies efficiently scale their demand generation efforts. Through machine learning, a proprietary corporate-to-personal identity graph, and automatic optimization to revenue KPIs, Metadata’s platform generates demandfrom target accounts and converts them to customers much faster than legacy methods. Innovative B2B marketers at Zoom, RingCentral, Slack, Thoughtspot and Vonage rely on Metadata to generate predictable velocity of inbound pipeline from target accounts. 3 USPTO patents.
  • Trickest — Add SEO description here.
  • Respeecher — Voice cloning: create speech that's indistinguishable from the original speaker. Perfect for filmmakers, game developers, and other content creators.
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Software Investor funding in Serbia at a glance

Stats across 27 deals from 45 investors.

45
investors
in Serbia Software startups
27
deals
in Serbia Software startups
$600k
median round
in Serbia Software startups
38%
lead investors
lead at least one round
37%
Seed
most common funding stage
78/22
VC / Angel
share of investor count

Access all 45 investors in Serbia Software startups.

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