bValue Venture Capital

bValue Fund is a venture capital firm based in Warsaw, Poland, focused on investing in pre-seed, seed, and early-stage companies across various sectors. Established in 2016, the firm primarily targets enterprises within the CEE region, particularly in Poland and Ukraine. Its investment strategy emphasizes industries undergoing digital transformation, including hi-tech, engineering, fintech, logistics, healthcare, and e-commerce. bValue Fund typically invests between €0.25 million and €1 million in companies that demonstrate potential for growth, preferably those with recurring revenues or a minimum viable product. The firm seeks minority stakes in its portfolio companies and leverages the extensive experience and networks of its management team and investors to help businesses scale and navigate challenges. With a diversified portfolio, bValue Fund aims to support innovative solutions that have the potential to become global leaders.

Michal Bartosz

Partner

27 past transactions

XVision

Seed Round in 2022
XVision is an automated x-ray analysis application that assists radiologists by providing accurate interpretations of medical images

Shopstory

Funding Round in 2022
Shopstory operates a content management platform designed to enhance the digital content creation process for e-commerce businesses. It introduces a visual content builder as a new field type within headless CMS ecosystems, allowing users to determine and construct specific components of their online stores visually. The platform also offers a software development kit that supports multiple front-end frameworks, enabling clients to efficiently create and modify digital content. This innovative approach streamlines the content management process, empowering businesses to build and customize their e-commerce presence with ease and speed.

HeavyFinance

Pre Seed Round in 2021
HeavyFinance operates a crowdlending platform that connects farmers with retail and institutional investors, facilitating access to financing for agricultural needs. The platform enables farmers to secure mortgage loans backed by assets such as heavy machinery in the farming, forestry, and infrastructure sectors. It offers various benefits for both parties, including flexible repayment options and the opportunity for farmers to repay loans early without fees. Investors are presented with investment-backed assets and can expect double-digit returns, supported by risk reports, statistics, and project summaries that ensure transparency. By underwriting farmers and servicing loans, HeavyFinance creates a streamlined process for raising capital and investing in agricultural projects.

Placeme

Seed Round in 2021
Placeme, based in Warsaw, Poland, offers a data-as-a-service application that provides location services tailored for the retail and fast-moving consumer goods sectors. The platform leverages big data and machine learning to predict customer behavior and assess sales potential at specific addresses, thereby assisting businesses in making informed decisions to enhance revenue through improved sales and marketing strategies. By utilizing an easy-to-navigate online tool, users can gain complex insights with minimal effort, such as identifying optimal business locations and understanding consumer habits. Placeme also enables targeted advertising based on geolocation, helping businesses reach potential customers in defined areas. This comprehensive approach allows businesses to analyze customer journeys in both online and offline channels, ultimately facilitating growth and success through strategic location selection.

BerlinGreen

Seed Round in 2021
BerlinGreen.tech UG specializes in the development and sale of innovative smart indoor gardens, specifically designed for urban living. Their flagship product, GreenBox, utilizes hydroponic and vertical gardening technology to enable users to cultivate salads, herbs, and other plants within small and dimly lit spaces. The system incorporates advanced features such as an automated daylight system, smart watering mechanisms, and IoT connectivity, ensuring that plants receive the optimal amount of light and moisture for healthy growth. Users only need to irrigate once every two to three weeks, with reminders provided through a companion application. Based in Berlin, Germany, BerlinGreen aims to promote sustainable gardening and enhance indoor environments in homes and offices.

Your KAYA

Seed Round in 2020
Your KAYA is a sustainable brand that specializes in eco-friendly intimate hygiene products designed for women. The company offers a range of personal care items, including sanitary pads, tampons, menstrual cups, and intimate hygiene lotions. All products are made from organic, certified cotton and are free from toxins, synthetic additives, dyes, and fragrances, ensuring safety and comfort for users. Your KAYA operates on a subscription model, allowing customers to conveniently access their products while promoting environmentally responsible choices in feminine hygiene.

Spin.AI

Seed Round in 2020
Spin.AI, also known as Spinbackup, Inc., is a SaaS data protection company based in Palo Alto, California, that specializes in safeguarding data for G Suite and Microsoft Office 365 environments. Established in 2013, Spin.AI offers automated backup, disaster recovery, and cybersecurity solutions designed to protect organizations from data loss and security threats, including ransomware, human error, and insider risks. Its flagship platform, SpinOne, utilizes artificial intelligence for continuous monitoring and threat detection, enabling organizations to implement effective countermeasures and enhance compliance while reducing IT costs. Spin.AI serves a diverse clientele, including small and medium businesses, educational institutions, enterprises, and individual users, providing them with comprehensive protection against data leaks and losses in the cloud through advanced security measures and backup capabilities.

Roq.ad

Seed Round in 2019
Roq.ad specializes in identity resolution technology, providing tailored mobile audience targeting solutions for advertisers. The company's innovative approach creates a comprehensive "Identity Graph" by accurately linking digital devices to individuals and households, thereby enhancing the effectiveness of digital marketing. Originally launched in Germany, Roq.ad has expanded its enterprise SaaS offerings across Europe and into the United States, focusing on delivering precise identity mapping solutions. Following a strategic split in 2018, the company has concentrated on its core enterprise business, leveraging its expertise to serve various clients. Roq.ad operates teams in multiple locations, including Berlin, Poznan, Vilnius, and San Mateo, ensuring a global reach while maintaining a commitment to high-quality service.

ADVISE

Seed Round in 2019
An automatic ADVISE engine will scan the landing page and suggest you what can be changed to increase conversion rate.

Fluentbe

Seed Round in 2019
Fluentbe Sp. z o.o. operates as an online English language school. The company offers courses, including general English; intensive general English; and preparation for FCE, CAE, CPE and TOEFL exams with beginner, elementary, intermediate, advanced, and master proficiency levels. Its classes take place online, using video chat, and in small groups which enables users to learn anywhere in the world with the online study material. The company was founded in 2015 and is based in Warsaw, Poland.

Nova Tracking

Seed Round in 2018
Nova Tracking Sp. z o.o. is a technology company based in Bydgoszcz, Poland, established in 2014, that specializes in providing innovative solutions for the transport and logistics sector. The company develops a supply chain optimization platform designed to automate logistics management processes, serving a diverse clientele that includes transport and forwarding companies, producers, distributors, and retail chains. By acting as an integrator and solution provider, Nova Tracking enables electronic communication with contractors through a user-friendly web interface. This comprehensive platform facilitates the management of various freight modalities, including sea, air, rail, intermodal, and road transport, streamlining operations for business clients.

PushPushGo

Seed Round in 2018
PushPushGo sp. z o.o. is a Krakow-based company established in 2016 that specializes in developing a Software as a Service (SaaS) platform for web push notifications. This GDPR-compliant platform allows e-commerce businesses, marketing agencies, and bloggers to engage with their audiences through targeted notifications on both desktop and mobile devices, bypassing the need for traditional email communication. PushPushGo's software enables users to segment their audience, automate marketing campaigns, and track advanced analytics to optimize their strategies. The platform serves a diverse clientele, ranging from small enterprises to prominent brands, offering features such as abandoned cart recovery, audience insights, loyalty building, and customer engagement surveys. Additionally, PushPushGo provides 24/7 customer service and IT support to ensure a seamless user experience.

Tidio

Seed Round in 2018
Tidio is a startup based in Szczecin that has been operational since 2014. The company specializes in providing a live chat solution designed to facilitate real-time communication between businesses and their customers, ultimately aiming to enhance sales. Tidio has achieved notable milestones, including winning the InCredibles acceleration program in 2017, which is aimed at supporting promising Polish startups. Additionally, since 2018, the company has received backing from bValue, one of Poland's largest venture capital firms. With a focus on growth and customer engagement, Tidio continues to establish itself in the competitive landscape of customer support solutions.

Bnesis

Seed Round in 2017
bNesis operates in the technology sector, focusing on developing an API platform that facilitates the integration of various services for its users. By creating a unified API, bNesis enables seamless data transfer from multiple sources, including payment systems, eCommerce platforms, social media, and credit bureaus. This integration simplifies the process for financial institutions, allowing them to automate credit applications and improve the accuracy of their scoring systems. Users can easily apply for credit online, providing access to their financial data through a few simple steps. The platform analyzes this data using multiple scoring engines, resulting in quicker credit decisions and enhanced accuracy. bNesis’s solutions not only save time and resources on integrations but also help banks reduce bad debts and improve their overall income. The company is headquartered in L'Eliana, Spain.

Purella Food

Seed Round in 2017
Purella Food sp. z o.o. is a Polish company based in Warsaw that specializes in the production of food products utilizing chlorella, a type of freshwater algae. Founded in 2015, Purella focuses on creating healthy snacks and dietary supplements, offering a diverse range of products that includes chlorella tablets and powders, as well as snacks, cookies, energy bars, smoothies, and beverages. The company's commitment to incorporating super-food ingredients into its offerings positions it within the health-conscious segment of the food market.

Senuto

Seed Round in 2017
Senuto Sp. z o.o, established in 2013 and located in Warsaw, Poland, specializes in providing a SaaS-based suite of tools designed for comprehensive SEO support. Its offerings include five main modules: visibility analysis, which leverages 20 million weekly phrases to assess Google search page visibility; a keyword database featuring 100 million phrases that can be filtered based on various criteria; SEO audits comprising ten detailed reports to enhance site compliance with search engine standards; a collection of 33 tools aimed at automating routine SEO tasks; and smart content planning to optimize content strategies. Senuto's tools assist businesses in analyzing and improving their SEO activities effectively.

Seedia

Seed Round in 2017
SEEDiA Sp. z o.o., founded in 2016 and based in Krakow, Poland, specializes in the manufacturing of solar benches and charging stations designed for urban environments. These products enable users to charge mobile devices and access Wi-Fi while incorporating features such as heated seats, LED lighting, and information displays. The company also utilizes data collected from its solar-powered city furniture projects, including bus stops and kiosks, to develop AI algorithms that optimize urban services and enhance cost-efficiency, potentially reducing expenses by up to 43%. SEEDiA's cloud-based platform manages various public utilities and transportation systems, contributing to improved safety for residents. The growing market for smart city technologies presents significant opportunities, particularly in sectors related to mobility, infrastructure, and resource efficiency, with a market size projected to reach 144 billion USD by 2023.

CallPage

Venture Round in 2017
CallPage sp. z o.o. is a technology company based in Warsaw, Poland, that specializes in developing a widget designed to enhance communication between website owners and potential customers. This tool facilitates real-time callback requests from website visitors, aiming to increase sales leads significantly. The widget analyzes user behavior on the website, providing insights that can optimize sales opportunities. Key features include call recording, integration with customer relationship management (CRM) systems, SMS notifications, customizable designs, and comprehensive reporting. CallPage serves a diverse clientele, including online stores, service providers, and companies in sectors such as insurance, banking, and real estate, helping them convert website traffic into inbound sales calls and ultimately boosting their conversion rates and revenue.

Shoplo

Venture Round in 2017
Shoplo sp z o.o. provides Shoplo Store, an e-commerce platform that allows retailers to open their store online. The company also offers Shoplo Multichannel that allows users to offer their products via online store, marketplaces, and other sales channels; Shoplo Chat, a real time chat that allows users to get to know their customers’ expectations and build relationships; and a mobile application. The company was founded in 2012 is based in Warsaw, Poland. As of February 12, 2019, Shoplo sp z o.o. operates as a subsidiary of SumUp Payments Limited.

JobSquare

Seed Round in 2017
JobSquare Sp z o.o. operates a mobile job search platform specifically designed for low-skilled workers, such as waiters, caterers, and salesmen. Founded in 2015 and based in Warsaw, Poland, it is the first of its kind in the country. The platform enables immediate contact between job seekers and employers, boasting over 140,000 active profiles, 7,000 employers, and 25,000 job listings. JobSquare serves both Poland and Ukraine, offering a modern solution for recruitment that focuses on facilitating job searches for individuals seeking their first employment opportunities. The application caters particularly to small and medium-sized businesses aiming to connect with younger workers, reflecting a commitment to innovation and simplicity in the recruitment process.

CallPage

Seed Round in 2016
CallPage sp. z o.o. is a technology company based in Warsaw, Poland, that specializes in developing a widget designed to enhance communication between website owners and potential customers. This tool facilitates real-time callback requests from website visitors, aiming to increase sales leads significantly. The widget analyzes user behavior on the website, providing insights that can optimize sales opportunities. Key features include call recording, integration with customer relationship management (CRM) systems, SMS notifications, customizable designs, and comprehensive reporting. CallPage serves a diverse clientele, including online stores, service providers, and companies in sectors such as insurance, banking, and real estate, helping them convert website traffic into inbound sales calls and ultimately boosting their conversion rates and revenue.
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