bValue

bValue is a venture capital firm based in Warsaw, Poland, established in 2016. It specializes in investing in early-stage companies primarily located in Central and Eastern Europe. The firm focuses on technology, tech-enabled, and innovation-driven businesses, providing growth capital to ambitious entrepreneurs in the region. bValue aims to foster innovation and digitalization, offering strategic and tactical support to regional category leaders seeking international expansion. The firm manages a growth equity fund and is also involved with an early-stage venture capital fund that targets various sectors, including communications, software, consumer products, and IT services. Through its investments, bValue seeks to play a pivotal role in the development of the entrepreneurial ecosystem in Central Europe.

Marcel Animucki

Principal

Leszek Orłowski

Partner and CFO

Dariusz Żuk

Founder

40 past transactions

Sportano.pl

Seed Round in 2025
Sportano.pl is a Polish e-commerce company specializing in multi-brand sports equipment, apparel, and accessories. It offers a wide range of products catering to various sports like running, cycling, water sports, and winter sports. The company provides customer services including equipment maintenance and a loyalty program, aiming to create a convenient one-stop-shop for sports enthusiasts.

Solidstudio - eMobility Software

Venture Round in 2025
Solidstudio is a software house from Krakow, specializing in the field of electromobility for the last 4 years. eMobility experts from Solidstudio have been working on projects involving the development of software solutions for the EV industry clients from all over the world. With a massive background of open standards implementation and functionalities integration, Solidstudio has also launched a suite of their own digital products with Charge Point Operator platform and Mobility Service Provider app at the head thereof. Amongst the unique products there are also gateways enabling open standards integration for two major protocols OCPI and OCPP.

Fudo Security

Venture Round in 2025
Fudo Security is a global leader in privileged access management (PAM) solutions. Serving prominent customers across finance, energy, and public sectors worldwide, they operate through a network of 80 partners in over 30 countries, with their headquarters based in the Bay Area.

Sportano.pl

Seed Round in 2024
Sportano.pl is a Polish e-commerce company specializing in multi-brand sports equipment, apparel, and accessories. It offers a wide range of products catering to various sports like running, cycling, water sports, and winter sports. The company provides customer services including equipment maintenance and a loyalty program, aiming to create a convenient one-stop-shop for sports enthusiasts.

Hostersi

Acquisition in 2023
Hostersi is a provider of specialized IT solutions focused on server infrastructure design, cloud computing, server management, and cybersecurity. The company assists clients across various sectors, including corporations, banks, advertising agencies, start-ups, and public institutions. By offering services such as cloud computing, administrative support, data security, and IT consulting, Hostersi enhances clients' operational capabilities while significantly reducing project implementation time and costs. Over the years, Hostersi has built a reputation for reliability and expertise, earning the trust of numerous organizations. Additionally, the company is a member of esteemed associations, including the Information Systems Security Association and the Chamber of Digital Economy e-Commerce Poland.

Vidoc Security Lab

Pre Seed Round in 2023
Vidoc Security Lab is a developer of an artificial intelligence security engineer platform designed to address the challenges posed by AI-generated code. The company focuses on automating routine security operations, providing a comprehensive suite of services that includes monitoring and managing attack surfaces, conducting custom security checks, and generating detailed security reports. This platform enables businesses to streamline their security review processes and reinforces their commitment to maintaining secure practices in an evolving digital landscape. By leveraging advanced AI technologies, Vidoc Security Lab aims to enhance the effectiveness of cybersecurity efforts in response to emerging threats.

Wellbee

Seed Round in 2023
Wellbee is an online mental health platform dedicated to providing personalized mental health solutions for individuals and businesses focused on employee well-being. The platform aims to enhance clients' quality of life by facilitating access to psychotherapy and mental health resources. Wellbee connects users with carefully selected therapists and employs technology to support the therapeutic process, ensuring that clients receive tailored mental health support when they need it. Through its services, Wellbee seeks to eliminate barriers to accessing mental health care, making it easier for users to engage in their therapeutic journeys.

Liftero

Pre Seed Round in 2023
Founded in Poland in May 2023, Liftero specializes in developing high-thrust chemical propulsion systems for satellites. Its BOOSTER system enables satellite operators to perform maneuvers ten times faster, reducing losses and increasing ROI. Utilizing green propellants that are cost-effective, easy to handle, and compatible with various launchers, Liftero delivers ready-to-integrate propulsion systems three times faster than market standards.

Tuney

Seed Round in 2023
Tuney is an AI-powered music production platform that serves brands, agencies, media companies and music startups, as well as aspiring musicians and creative teams. It provides tools to edit existing music, produce remixes and generate new tracks for media projects, aiming to streamline creative workflows and reduce reliance on external music searches. The company emphasizes a patented music generation algorithm and a proprietary, copyright-safe music data set, enabling generative music outcomes that lower legal risk compared with models that produce fully automated outputs. Tuney's approach combines human-made sounds into finished songs, supporting creators across related verticals in producing, editing and remixing music for media pros while addressing copyright considerations.

Innential

Seed Round in 2023
Innential develops AI Assistants to automate technical product support. Their Learning Assistant AI automates employee training, while Service Assistant AI handles pre- and post-sales customer support for electronics and renewable energy products.

noo.ma

Venture Round in 2023
noo.ma is a contemporary online furniture brand dedicated to creating beautiful, functional pieces that positively impact living spaces. They offer a diverse range of products including tables, sofas, storage solutions, and textiles, all designed with playful shapes, vibrant colors, and eco-friendly materials.

AlohaCamp

Seed Round in 2022
AlohaCamp operates an online platform facilitating bookings for unique outdoor accommodations such as glamping, treehouses, cabins, and private campsites. Their service connects users seeking distinctive nature experiences with site owners looking to generate additional revenue.

More Growth

Pre Seed Round in 2022
More Growth is a company focused on developing online platforms that provide reliable advice in the areas of wellness, finance, and parenthood. By delivering carefully researched content and high-quality products, More Growth aims to empower individuals to make informed decisions that have significant impacts on their lives. The company targets a large audience seeking trustworthy guidance amid an overwhelming amount of information. With an emphasis on scalability, More Growth has successfully built notable brands such as Natu.Care, LifeAndMyFinances, Hello Finance, and HiJunior. Through its commitment to creating valuable resources, the company seeks to address real-life challenges faced by its users, ensuring that the content provided meets their most pressing needs.

XVision

Seed Round in 2022
Rayscape is an automated x-ray analysis application that assists radiologists by providing accurate interpretations of medical images. Rayscape enables radiologists to diagnose patients faster, better, and more accurately. Rayscape assists radiologists in better-diagnosing patients through in-depth analysis of medical images such as X-rays and CTs, resulting in a seamless process that benefits not only the doctors but their patients as well, putting what matters into perspective.

Timerise

Funding Round in 2022
Timerise is a developer of a highly customizable booking application platform designed to streamline scheduling processes for businesses. The company's software is built to adapt to various business needs and customer experiences, allowing for the integration of diverse front-ends and the execution of performance tests. Timerise offers features such as customizable booking pages, built-in payment processing, and notification tools, ensuring that businesses can tailor their booking systems to align with their unique requirements. With an API-first architecture, Timerise emphasizes scalability, improved uptime, and server response, providing enterprise-grade support to enhance the overall user experience.

spaceOS

Venture Round in 2022
SpaceOS is a provider of tenant experience and management software designed to enhance the usability of workspaces. Its platform simplifies daily activities for both tenants and operators by integrating essential services such as resource booking, payments, food ordering, and facility support into a cohesive user experience. The software also includes features for meeting room and desk booking, access control, air quality monitoring, and parking management. By streamlining these processes, SpaceOS enables clients to effectively market, sell, and manage flexible workspace solutions, improving overall operational efficiency for workspace occupiers.

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.

HeavyFinance

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.

BERLIN GREEN

Seed Round in 2021
We bring nature home - with the unity of technology, design, and craftsmanship. Grow anything you want, all year round. Smart and modular Indoor Gardens. Nominated to the German Design Award 2020.

Natura Cold Press

Seed Round in 2020
Natura Cold Press is a direct-to-consumer producer of cold-pressed juices, catering to health-conscious individuals seeking high-quality, natural products.

Your KAYA

Seed Round in 2020
Your KAYA is a manufacturing company specializing in personal care and hygiene products, particularly designed for women's intimate health. The company offers a diverse range of products, including sanitary pads, tampons, menstrual cups, and intimate hygiene lotions, all crafted from organic, certified cotton. These products are formulated without toxins, synthetic additives, dyes, or fragrances, ensuring that they are safe and suitable for sensitive skin. Your KAYA operates through a subscription sales model, allowing customers to receive their chosen products conveniently and regularly. This approach not only emphasizes accessibility but also aligns with the company's commitment to providing high-quality, non-allergenic personal care solutions for women.

Spin.AI

Seed Round in 2020
Spin.AI is a SaaS company based in Palo Alto, California. It specializes in protecting sensitive data in cloud environments against ransomware, human error, and insider threats. The company's AI-powered platform monitors, secures, and backs up critical data for Google G Suite and Microsoft Office 365 users, providing an additional layer of security beyond what typical cloud service providers offer.

DeliGoo

Seed Round in 2020
DeliGoo is a developer of a logistics optimization platform focused on enhancing last-mile delivery services. The company offers a solution that allows users to place courier requests through an application, facilitating the pickup of parcels from the sender's location and their delivery to the recipient. This platform is designed to streamline the delivery process for businesses of all sizes, enabling them to operate more efficiently and effectively in managing their logistics needs. By improving the last-mile delivery experience, DeliGoo aims to provide significant value to both senders and recipients.

Wannabuy

Seed Round in 2020
Company offering SaaS for corporates

Roq.ad

Seed Round in 2019
Roq.ad is a company that specializes in identity resolution services, leveraging advanced technology to create an accurate and comprehensive map of digital devices in various countries. By linking devices to individuals and households, Roq.ad develops a rich identity graph that supports mobile audience targeting for advertisers. Originally founded with two product lines, the company refocused its efforts in 2018, transitioning to an enterprise Software as a Service (SaaS) model after selling a segment of its business. Since launching its enterprise SaaS offerings in Germany in 2017, Roq.ad has expanded its presence to Europe in 2018 and the United States in 2020. With operational teams based in Berlin, Poznan, Vilnius, and San Mateo, Roq.ad combines precision and global reach, providing tailored solutions for advertisers seeking effective audience targeting.

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 is an online language school that offers live, teacher-led English lessons conducted in virtual classrooms. Classes are available in small groups or one-on-one sessions, enabling students to see and hear the teacher and other participants in real time. The approach combines traditional classroom elements with modern technology to deliver interactive, live instruction entirely online.

Nova Tracking

Seed Round in 2018
Nova Tracking is a technology company specializing in the Transport & Logistics sector. It develops and implements modern technologies to automate logistics management processes for transport companies, producers, distributors, and retail chains.

PushPushGo

Seed Round in 2018
PushPushGo is a marketing automation software company that specializes in delivering automatic web push notifications for both desktop and mobile devices. The platform is designed to be GDPR-compliant and offers features such as segmentation targeting, campaign automation, and advanced analytics tracking. Businesses can utilize PushPushGo to create personalized and automated marketing scenarios, enhancing their communication with subscribers without relying on email. The company's clientele ranges from small businesses to major industry players, enabling them to save abandoned carts, boost readership, and foster customer loyalty. Additional functionalities include cross-selling and up-selling opportunities, conducting surveys, and improving overall customer engagement. PushPushGo also provides 24/7 customer service and IT support to assist its users.

Tidio

Seed Round in 2018
Tidio is a company that specializes in AI-powered customer service management platforms. It provides tools designed to integrate seamlessly with websites and e-commerce platforms, aiming to boost sales, enhance customer satisfaction, and streamline support workflows. Tidio's cloud-based live chat platform enables businesses to communicate effectively with their customers through features such as live chat enhanced by bots, integration with messenger and email, a customizable interface, and support in multiple languages. This helps businesses increase client contact and grow sales through exceptional customer service.

bNesis

Seed Round in 2017
bNesis is a technology company based in L'Eliana, Spain, specializing in the development of API solutions that facilitate the integration of applications with various services. The company provides a unified API that allows users to connect with multiple data sources including payment systems, eCommerce platforms, social media, and credit bureaus, streamlining the process for businesses and financial institutions. By offering ready-to-use integration solutions and an integration suite for custom components, bNesis enables organizations to automate tasks and enhance operational efficiency. Its technology supports automated credit application processes, allowing borrowers to apply for credit online with minimal effort, while simultaneously improving the accuracy of credit scoring through access to diverse data sources. This capability not only simplifies the credit decision-making process but also helps banks reduce bad debts and increase profitability by optimizing their scoring systems and enhancing customer analytics.

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 is a software-as-a-service company delivering a comprehensive SEO support platform. The system comprises five modules: visibility analysis, a keyword database, SEO audits, SEO tools, and smart content planning. Visibility analysis uses large-scale data to assess Google search results, examining 20 million weekly phrases and 2.5 million phrases daily to track visibility changes. The keyword database contains about 100 million phrases with advanced filtering. SEO audits consist of 10 precise reports to improve site alignment with search engine standards and monitor changes over time. The 33 SEO tools automate routine processes, including internal linking and daily monitoring. Smart content planning helps prioritize content development to support traffic growth. The platform aims to help clients increase organic traffic by providing actionable insights and measurable reporting.

CallPage

Venture Round in 2017
CallPage is an ICT SaaS company that specializes in enhancing sales leads by facilitating real-time call conversations between businesses and their website visitors. Its platform is designed to convert page viewers into inbound sales calls, significantly increasing the potential for lead generation. With an innovative widget that promises a callback within 28 seconds, CallPage also provides in-depth analytics on visitor behavior, enabling companies to optimize their sales strategies. Furthermore, the platform offers sociological insights that unify creative marketing approaches with rigorous statistical analysis, ultimately aiming to improve conversion rates and boost revenue for its clients.

Shoplo

Venture Round in 2017
Shoplo is an e-commerce company that facilitates swift online sales for small businesses worldwide. It provides a user-friendly, multi-channel platform allowing entrepreneurs to create professional-looking online stores in mere minutes using its intuitive drag-and-drop tool, requiring no technical or design expertise. With over 20,000 global partners, Shoplo offers a diverse range of products across categories like DIY, design, and fashion, empowering small businesses to reach customers globally efficiently.

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 is an ICT SaaS company that specializes in enhancing sales leads by facilitating real-time call conversations between businesses and their website visitors. Its platform is designed to convert page viewers into inbound sales calls, significantly increasing the potential for lead generation. With an innovative widget that promises a callback within 28 seconds, CallPage also provides in-depth analytics on visitor behavior, enabling companies to optimize their sales strategies. Furthermore, the platform offers sociological insights that unify creative marketing approaches with rigorous statistical analysis, ultimately aiming to improve conversion rates and boost revenue for its clients.
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