Thorgate

Thorgate is a product development studio specializing in the design and development of complex web and mobile applications. Founded in 2011 and based in Tallinn, London, and Oslo, the company offers a comprehensive suite of services including product consulting, product design, and software development using technologies such as Python, Django, React.js, and PostgreSQL. Thorgate focuses on creating scalable B2B solutions and aims to leverage technology to improve the world. Additionally, it operates Thorgate Ventures, its seed stage venture capital arm, which makes up to four hands-on investments annually in teams that exhibit a strong balance of culture, passion, and execution capabilities. Thorgate seeks to partner with talented teams to build impactful businesses.

Raido Pikkar

Chairman and Partner

18 past transactions

Waybiller

Seed Round in 2021
Waybiller OÜ, founded in 2017 and based in Tallinn, Estonia, specializes in developing e-waybill software solutions. This innovative platform facilitates real-time tracking of transportation logistics by connecting shippers, carriers, and receivers. By transitioning from traditional paper waybills to electronic formats, Waybiller enhances transparency, reduces operational costs, and minimizes potential disputes among parties involved in the shipping process. The software not only streamlines the flow of information but also contributes to time savings and more efficient data management.

U24 Solutions

Venture Round in 2021
U24 Solutions is a software development studio specializing in the creation of immersive experiences through virtual reality. We make real-time, room-scale simulations, employing stunning realism and custom libraries of hyper-detailed 3D objects and environments optimized for the VR experience.

Cuploop

Seed Round in 2021
Provider of a reusable packaging circulation system intended to resolve the reusable packaging collection problems. The company's technology provides a robotic for clearing reusable cups in venues to fight against plastic waste, enabling businesses to live in a plastic-free environment and focus on their core operations.

Hepta Airborne

Seed Round in 2020
Hepta Airborne Ltd specializes in airborne inspection and technical analysis, offering consulting services primarily for the electricity infrastructure sector. Utilizing advanced drones with a six-hour flight capability, the company conducts inspections of poles, lines, insulators, transformers, and other equipment, while also assisting in the planning and route selection for overhead lines, land cables, and renewable energy projects. Hepta Airborne integrates its drone technology with autonomous data processing platforms and various sensors to deliver accurate assessments, thereby enhancing efficiency for power grid operators. Additionally, the company provides geographic information system consulting and utility construction design services, ensuring comprehensive support for clients' needs. Founded in 2017 and headquartered in Tallinn, Estonia, Hepta Airborne emphasizes the importance of big data in optimizing inspection processes and reducing environmental impact.

Eziil

Seed Round in 2020
Eziil Production Intelligence OU develops a software solution for manufacturing companies. The company’s solution allows users to track and report their production data in real-time. The company was founded in 2016 and is based in Viljandi, Estonia.

Remato

Seed Round in 2020
Remato Eesti OÜ is a software company based in Tartu, Estonia, founded in 2018. It specializes in providing a Software-as-a-Service platform designed for managing the operations of micro, small, and medium-sized construction businesses. By replacing traditional methods that often rely on paperwork and spreadsheets, Remato offers tools that streamline the management of workforce, equipment, assignments, and time. This digital solution enhances operational efficiency, making it easier for construction companies to oversee their projects and resources effectively.

Moderan

Venture Round in 2020
Moderan Solutions OÜ specializes in developing online software for managing the lease lifecycle in commercial real estate. Founded in 2015 and based in Tallinn, Estonia, the company's platform enables property owners and managers to efficiently organize information related to properties, tenants, and lease agreements. It offers features such as automated report generation, deadline reminders, and insights into market trends, which help streamline the management process. The software provides a comprehensive overview of lease contracts, including key terms and tenant contacts, and facilitates the monitoring of changes and document management. By simplifying these tasks, Moderan allows clients to save time and improve their operational efficiency in the commercial real estate sector.

Waybiller

Pre Seed Round in 2020
Waybiller OÜ, founded in 2017 and based in Tallinn, Estonia, specializes in developing e-waybill software solutions. This innovative platform facilitates real-time tracking of transportation logistics by connecting shippers, carriers, and receivers. By transitioning from traditional paper waybills to electronic formats, Waybiller enhances transparency, reduces operational costs, and minimizes potential disputes among parties involved in the shipping process. The software not only streamlines the flow of information but also contributes to time savings and more efficient data management.

Brandpad

Seed Round in 2020
Brandpad AS, founded in 2017 and based in Oslo, Norway, offers a cloud-based brand guideline system designed to assist companies in effectively managing their brand portfolios. The platform aligns portfolio management with brand delivery and usage, ensuring that businesses can maintain consistency and coherence in their branding efforts. By providing a central repository for brand guidelines, Brandpad enables organizations to streamline their branding processes and enhance collaboration across teams.

GlobalReader

Seed Round in 2019
GlobalReader OÜ, founded in 2014 and based in Tartu, Estonia, specializes in developing electronic tools for real-time tracking of production capacity, specifically targeting small and medium-sized enterprises. The company offers an integrated solution that combines hardware and software to monitor production lines and environmental conditions. Its software collects data from production units, identifying interruptions and downtimes while comparing actual performance to production plans. Additionally, GlobalReader's platform provides custom reports, shop floor feedback, and live updates on equipment status, enabling clients to quickly address issues and enhance manufacturing efficiency. Through its comprehensive monitoring capabilities, GlobalReader aims to optimize workflows and improve overall production performance.

Eziil

Pre Seed Round in 2019
Eziil Production Intelligence OU develops a software solution for manufacturing companies. The company’s solution allows users to track and report their production data in real-time. The company was founded in 2016 and is based in Viljandi, Estonia.

Remato

Pre Seed Round in 2019
Remato Eesti OÜ is a software company based in Tartu, Estonia, founded in 2018. It specializes in providing a Software-as-a-Service platform designed for managing the operations of micro, small, and medium-sized construction businesses. By replacing traditional methods that often rely on paperwork and spreadsheets, Remato offers tools that streamline the management of workforce, equipment, assignments, and time. This digital solution enhances operational efficiency, making it easier for construction companies to oversee their projects and resources effectively.

Hepta Airborne

Seed Round in 2019
Hepta Airborne Ltd specializes in airborne inspection and technical analysis, offering consulting services primarily for the electricity infrastructure sector. Utilizing advanced drones with a six-hour flight capability, the company conducts inspections of poles, lines, insulators, transformers, and other equipment, while also assisting in the planning and route selection for overhead lines, land cables, and renewable energy projects. Hepta Airborne integrates its drone technology with autonomous data processing platforms and various sensors to deliver accurate assessments, thereby enhancing efficiency for power grid operators. Additionally, the company provides geographic information system consulting and utility construction design services, ensuring comprehensive support for clients' needs. Founded in 2017 and headquartered in Tallinn, Estonia, Hepta Airborne emphasizes the importance of big data in optimizing inspection processes and reducing environmental impact.

Patchstack

Series A in 2019
Patchstack, formerly known as WebARX, operates a comprehensive website security and monitoring platform designed to protect businesses from website vandalism and cyber threats. Founded in 2017 and headquartered in Pärnu, Estonia, Patchstack offers a suite of services including website monitoring, malware removal, and a web application firewall. The platform consolidates various security features, such as uptime monitoring and domain reputation checks, into a single, user-friendly dashboard, making it accessible even to small website owners. Patchstack analyzes approximately 3,000 hacking incidents daily, leveraging its private threat intelligence to enhance protection against vulnerabilities and security breaches. Through its services, Patchstack aims to safeguard websites from emerging cyber risks and ensure their integrity.

Xolo

Equity Crowdfunding in 2017
Xolo is focusing on 40 million professionals globally who have chosen to run their business independently. Its aim is to reduce time spent on business administration to near zero by offering an incredibly simple online platform that merges company formation, banking, accounting, and other services. Xolo is the quickest and easiest way to launch and run a one-person freelancing business in Europe. Its largest markets are Germany, Spain, France, the UK, Ukraine, and Turkey. Xolo's typical customers are software developers, management consultants, designers, or other independent professionals.

Sportlio

Seed Round in 2016
Sportlio OU, founded in 2014 and based in Tallinn, Estonia, operates a website that enables athletes to showcase their achievements and connect with potential sponsors. The platform allows athletes to create personalized pages where they can highlight their results and profiles. Since its inception, thousands of athletes have registered on Sportlio, making it a valuable resource for those seeking sponsorship opportunities in the sports industry.

Leansite

Pre Seed Round in 2016
LeanSite OÜ, founded in 2015 and based in Tallinn, Estonia, specializes in developing a web-based application designed to support construction site management. The application enables users to access project data from anywhere, facilitating seamless communication and collaboration among team members. It uniquely integrates project master plans with weekly work activities, including files, messages, and issues, allowing teams to effectively track their progress and performance on construction projects. This platform aims to enhance efficiency and organization within the construction industry.

GateMe

Seed Round in 2012
GateMe, Inc. specializes in guest list management for the nightlife entertainment industry. Its primary product, GateMe PRO, allows users to create both regular and permanent guest lists for events, manage promoter payouts, sell and oversee ticket sales, and generate reports and summaries. The platform is accessible on desktops, tablets, and mobile devices, catering to club managers, event organizers, and promoters. By streamlining the entrance process, GateMe significantly enhances efficiency, enabling nightclubs to expedite guest entry and potentially increase revenue by up to 10% per night. Additionally, the company provides a comprehensive CRM solution, offering insights into club visitors and facilitating online presales for nightlife venues. Founded in 2011 and headquartered in Palo Alto, California, GateMe aims to transform the operational dynamics of the nightlife sector.
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