# Top 10 Sports Startup Investors in Bulgaria in June 2026

## Eleven Ventures
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 8
- Stages: Seed, Convertible Note, Pre-Seed
- Focus: Software, SaaS, Information Technology

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

## Daniel Tomov
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series B
- Focus: FinTech, Software, Small and Medium Businesses

Daniel is founding partner at Eleven Accelerator Venture Fund and investing in some of the most promising and exciting tech startups in CEE. Daniel has been involved in startups since 2000 as early stage investor and funded (in some cases bootstrapping) entrepreneur in diverse domains ranging from software to mobile to consumer goods torenewable energy. He has been lucky to meet and befriend with some of the greatest tech entrepreneurs in our region.

## Vitosha Venture Partners
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 2
- Stages: Pre-Seed, Seed
- Focus: Software, Marketplace, Information Technology

Vitosha is a EUR 26m early-stage VC fund investing in innovative businesses in Bulgaria

## Ivaylo Simov
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Coffee, Big Data, Agriculture

Ivaylo Simov devised eleven’s strategy. His notorious shyness can be overcome only with ample amounts of beer, preferably while skiing. He was previously a director in a private equity fund, but now wants to change the VC industry from the bottom up.

## Valeri Petrov
- Type: Angel
- Relevant deals: 2
- Stages: Seed, Angel, Pre-Seed
- Focus: B2B, SaaS, Health Care

Valeri is primarily in charge with investment opportunities in Bulgaria and the Western Balkans. Prior to that, he was Partner at Bancroft Private and, before joining Bancroft, he was Investment Director with Global Finance, running the company’s activities in Bulgaria. Valeri led and co-led many transactions in various countries acrossSouth-Eastern Europe (Romania, Bulgaria, Croatia and Turkey among others). Prior to moving to the Private Equity industry, Valeri ran Orgachim, the largest paints & coating company in Bulgaria (backed by private equity funds, including RAEF) as CEO, where he completed a successful turnaround. Valeri also worked for the Royal Dutch/Shell, and held various positions within the organization. Valeri holds an MSc in Engineering from the Technical University of Sofia. He also attended Management Academy in London and ETP on Business Management in Delaware University, Sofia branch.

## LAUNCHub Ventures
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 2
- Stages: Seed, Series A, Pre-Seed
- Focus: Software, SaaS, Enterprise Software

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

## Bogomil Balkansky
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, Enterprise Software, Artificial Intelligence

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.

## Vassil Terziev
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Software, SaaS, FinTech

Vassil is responsible for overseeing Telerik’s strategic direction and enabling its rapid growth as a global provider of enterprise-class software and services. As a co-founder of Telerik, Vassil was instrumental in growing the sales, support and business development units of the company and establishing the fanatical dedication to customerservice. Vassil’s vision and dedication has helped Telerik keep its slogan to “Deliver more than expected” and enjoy a solid track record of growing revenues and profitability in the ever changing developer tools marketplace.Vassil earned his Bachelor’s Degree in Business Administration at the American University in Bulgaria and has served in various roles in companies from real estate, investment and high-tech industries.

## Clark Landry
- Type: Angel
- Location: Nashville, Tennessee, United States
- Relevant deals: 1
- Stages: Seed, Series A, Angel
- Focus: Software, Internet, Information Technology

Clark Landry is the Managing Partner of Clover Leaf Ventures.Most recently, Clark was co-founder and COO at CESPPA, a cybersecurity company. Formerly, Clark was co-founder and COO at Maple Media (raised $30 million from private equity investors), co-founder and executive chairman at SHIFT (acquired by Brand Networks), co-founder and CEO at TopLevel Domain Holdings (now Minds + Machines - publicly-traded on the London Stock Exchange's AIM), co-founder and CMO at TagWorld (acquired by Viacom). Clark was a founding investor of Gradient X, a mobile DSP (acquired by SingTel), Traffic Marketplace, an advertising network (acquired by Vivendi), Adconion Media Group, a provider of digital media advertising solutions (acquired by Amobee), Conversion Logic, an advertising attribution company, and CREXi, a commercial real estate marketplace.Clark holds a bachelor of arts degree in economics from Yale University.

## Svetozar Georgiev
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Angel
- Focus: Software, SaaS, FinTech

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.
