LAUNCHub Fund

LAUNCHub Fund, established in 2012 and based in Sofia, Bulgaria, is a venture capital firm that focuses on seed and early-stage investments in digital startups throughout Southeastern Europe. With a total management capacity of €30 million, the fund primarily invests in sectors such as SaaS, enterprise software, health-tech, e-commerce, mobile, and IoT, although it is open to opportunities in other verticals as well. The typical investment size ranges from €300,000 to €700,000, with potential expansions up to €1.5 million per company. LAUNCHub Fund aims to support innovative ventures that are positioned to drive growth in the regional technology landscape.

Todor Breshkov

Founding Partner

Irina Dimitrova

Partner

Stephane Gantchev

Partner

Rumen Iliev

Partner

Stanislav Sirakov

General Partner

Mirela Yordanova

Associate

Raya Yunakova

Investor

Past deals in Bulgaria

Rush

Seed Round in 2022
SaaS, Shopify App, E-Commerce.

OfficeRnD

Series A in 2021
Officernd Limited develops and operates a workplace management system for space planning and management, and portfolio management in the cloud. The company’s solution allows clients to design a workplace, organize the office inventory, track relocations, and optimize the space without CAD files. It offers its system for office spaces, co-working spaces, universities or schools, and furniture shops. The company was founded in 2014 and is based in Sofia, Bulgaria.

Rush

Pre Seed Round in 2021
SaaS, Shopify App, E-Commerce.

Leanplum

Series D in 2020
Leanplum Inc. is a mobile marketing platform that focuses on enhancing customer engagement through a unified approach to multi-channel campaigns. Founded in 2012 and headquartered in San Francisco, the company offers a range of services including messaging, automation, app editing, personalization, A/B testing, and analytics. Leanplum's platform allows brands to optimize their mobile applications by transforming user data into actionable insights, thereby delivering timely and relevant experiences that foster customer loyalty. Notable clients, such as Tinder, Grab, Tesco, and Zynga, utilize Leanplum to accelerate growth and strengthen long-term relationships with their customers. With additional offices in New York, London, Bulgaria, and Amsterdam, Leanplum has established itself as a key player in the mobile marketing landscape.

OfficeRnD

Series A in 2019
Officernd Limited develops and operates a workplace management system for space planning and management, and portfolio management in the cloud. The company’s solution allows clients to design a workplace, organize the office inventory, track relocations, and optimize the space without CAD files. It offers its system for office spaces, co-working spaces, universities or schools, and furniture shops. The company was founded in 2014 and is based in Sofia, Bulgaria.

Reloyalty

Seed Round in 2018
Reloyalty LLC is a loyalty rewards platform founded in 2015 and headquartered in Sofia, Bulgaria. The company has developed a mobile application that allows users to connect their existing bank cards, turning them into loyalty cards. By leveraging Open Banking and PSD2 regulations, Reloyalty enables users to earn instant cash back and personalized rewards ranging from 10% to 50% on everyday purchases. The platform measures a customer's loyalty score based on their purchase history, providing valuable insights to participating retailers and banks regarding their most valuable customers. This data allows businesses to launch targeted loyalty campaigns with measurable returns on investment, enhancing customer engagement and revenue. Reloyalty aims to foster deeper relationships between consumers and the businesses they frequent, emphasizing that loyalty is more than just a transactional interaction.

OfficeRnD

Seed Round in 2017
Officernd Limited develops and operates a workplace management system for space planning and management, and portfolio management in the cloud. The company’s solution allows clients to design a workplace, organize the office inventory, track relocations, and optimize the space without CAD files. It offers its system for office spaces, co-working spaces, universities or schools, and furniture shops. The company was founded in 2014 and is based in Sofia, Bulgaria.

FindMeCure

Seed Round in 2017
FindMeCure is a platform that connects individuals seeking treatment options with clinical trials. Founded in 2015 and headquartered in Sofia, Bulgaria, the company aims to simplify the process of finding and applying for clinical studies. Its platform provides comprehensive information on various trials, including eligibility criteria, study objectives, intervention details, duration, and contact information for trial coordinators. By serving as a bridge between the clinical research industry and patients, FindMeCure enables users to explore and join clinical trials with ease, offering them an alternative to traditional treatment pathways.

Metrilo

Seed Round in 2017
Metrilo LTD. provides analytics for e-commerce Websites. It helps clients to understand how people behave on their online store by providing revenue, purchases, visitors, conversion rates, and everything else that they need to know about how their online store is performing. It offers e-commerce analytics, e-commerce customer relationship management, email marketing, and Pricing services. The company was founded in 2014 and is based in Sofia, Bulgaria.

Ecomtech

Seed Round in 2017
Ecomtech

BGMENU

Seed Round in 2017
As of February 23, 2018, BGMENU was acquired by Takeaway.com N.V. BGMENU operates a Website that allows users to order food from various restaurants across Bulgaria. The company allows users to order food from pizza, Chinese, Indian, Bulgarian, Italian, and sushi restaurants. It also enables restaurants to upload photos, presentation, and address of the restaurant; and to manage their orders, menu, and content. The company is based in Sofia, Bulgaria.

Transmetrics

Seed Round in 2017
Transmetrics OOD, founded in 2013 and based in Sofia, Bulgaria, provides Software-as-a-Service (SaaS) solutions for the cargo transport and logistics sectors. The company specializes in data cleansing, demand forecasting, and predictive optimization to enhance operational efficiency. Its key offerings include NetMetrics, which forecasts shipment volumes to optimize cargo vehicle capacity; AssetMetrics, designed for asset owners to predict demand peaks and improve asset utilization; and WaterMetrics, which streamlines warehouse labor by forecasting incoming shipments and optimizing labor schedules. Transmetrics has collaborated with notable clients, including various Fortune 500 companies and industry leaders like DHL Express and Kuehne + Nagel. The company has received over EUR 4 million in funding and has been recognized with multiple awards for its innovative solutions in logistics. Its team consists of 33 skilled professionals with expertise in software development, data science, and logistics. Transmetrics' solutions leverage advanced technologies such as artificial intelligence and predictive analytics to meet the evolving needs of the transport industry.

QuarkXR

Seed Round in 2016
QuarkXR is a technology company focused on developing advanced compression and streaming solutions for virtual, augmented, and mixed reality (XR) applications. Founded in 2014 and headquartered in Sofia, Bulgaria, QuarkXR offers products such as the Quark VR SDK, a development tool that facilitates the creation of virtual reality applications and games, as well as Intugame VR, which allows users to experience computer games in a virtual environment. The company is also working on an XR Cloud Platform designed for 5G and edge computing, aimed at enabling immersive computing experiences on mobile devices.

QuarkXR

Seed Round in 2016
QuarkXR is a technology company focused on developing advanced compression and streaming solutions for virtual, augmented, and mixed reality (XR) applications. Founded in 2014 and headquartered in Sofia, Bulgaria, QuarkXR offers products such as the Quark VR SDK, a development tool that facilitates the creation of virtual reality applications and games, as well as Intugame VR, which allows users to experience computer games in a virtual environment. The company is also working on an XR Cloud Platform designed for 5G and edge computing, aimed at enabling immersive computing experiences on mobile devices.

Metrilo

Seed Round in 2015
Metrilo LTD. provides analytics for e-commerce Websites. It helps clients to understand how people behave on their online store by providing revenue, purchases, visitors, conversion rates, and everything else that they need to know about how their online store is performing. It offers e-commerce analytics, e-commerce customer relationship management, email marketing, and Pricing services. The company was founded in 2014 and is based in Sofia, Bulgaria.

Fliiby

Seed Round in 2015
Fliiby Limited is a digital content publishing and monetization platform tailored for creative artists and developers. Founded in 2007 and based in Novi Sad, Serbia, Fliiby allows users to upload a variety of digital content, including photography, videos, music, documents, and files. The platform enables artists to build online libraries, share their work with a global audience, and generate income when their content is viewed. By providing a centralized space for managing and accessing digital assets, Fliiby supports users in organizing their creative outputs while facilitating monetization opportunities.

Coherent Labs

Seed Round in 2015
Coherent Labs AD develops and delivers graphical user interface (UI) systems for game development companies. The company offers Coherent UI, a graphical user interface system for games, and allows game developers and UI artists to create game interfaces and interactions using HTML, CSS, and JavaScript. The company’s products are supported on Windows 32-bit, Windows 64-bit, Mac OS X, Linux, and .NET platforms; and integrate with the Unity3D game engine. The company was founded in 2012 and is based in Sofia, Bulgaria.

Oliver Wicks

Seed Round in 2015
Oliver Wicks is a custom-tailored clothing platform that specializes in premium menswear. The company offers a wide range of products, including suits, tuxedos, blazers, shirts, pants, coats, and accessories, all crafted from high-quality Italian and English wool. By focusing on custom-made garments, Oliver Wicks ensures that each piece is tailored to the individual needs and body shape of its customers. The platform is designed to provide a seamless shopping experience, with products delivered directly to the customer's door. The company also emphasizes customer satisfaction through a guarantee that includes free shipping and returns.

Domestina

Seed Round in 2015
Domestina Ltd. is an online platform based in Sofia, Bulgaria, that connects customers with housemaid services. Founded in 2013, the company facilitates interactions between clients and cleaning professionals, offering a variety of services such as house cleaning, office cleaning, and deep cleaning. Domestina enables users to compare prices and reviews, book appointments, and process payments through its marketplace. The platform also assists cleaning businesses in managing their operations more effectively, allowing them to serve a larger customer base. As a venture-capital-funded startup, Domestina is positioned for rapid growth in the cleaning service industry.

Ucha.se

Seed Round in 2015
Ucha.se makes learning fun. It is an online platform, on which pupils and students learn and prepare for school. Pupils learn faster, improve their results and get inspired. The platform allows students to watch videos, take tests, ask questions and share comments. Learning is represented with gamification components like drawings, playful narration, dashboards with the best students, etc. It is available on the web and is extending to mobile. Ucha.se is well recognized by the parents and teachers in Bulgaria. In November 2012 Ucha.se was awarded as the best website in Bulgaria in the field of Education and Science.

Edoms

Seed Round in 2015
Edoms is a complete domains research tool, backed by a database of (almost) all domain names that exist or existed (ever). Its Seo.Domains brand is the largest provider of authority expired domain names for SEO purposes. Edoms owns 40,000+ valuable domains. Over 15,000 domains have been sold and the monthly revenue of the company is $100,000+

Fliiby

Seed Round in 2015
Fliiby Limited is a digital content publishing and monetization platform tailored for creative artists and developers. Founded in 2007 and based in Novi Sad, Serbia, Fliiby allows users to upload a variety of digital content, including photography, videos, music, documents, and files. The platform enables artists to build online libraries, share their work with a global audience, and generate income when their content is viewed. By providing a centralized space for managing and accessing digital assets, Fliiby supports users in organizing their creative outputs while facilitating monetization opportunities.

Ecomtech

Seed Round in 2015
Ecomtech

Domestina

Seed Round in 2015
Domestina Ltd. is an online platform based in Sofia, Bulgaria, that connects customers with housemaid services. Founded in 2013, the company facilitates interactions between clients and cleaning professionals, offering a variety of services such as house cleaning, office cleaning, and deep cleaning. Domestina enables users to compare prices and reviews, book appointments, and process payments through its marketplace. The platform also assists cleaning businesses in managing their operations more effectively, allowing them to serve a larger customer base. As a venture-capital-funded startup, Domestina is positioned for rapid growth in the cleaning service industry.

Craze

Seed Round in 2015
Craze helps people make easy early and last minute decisions, by connecting them to the events of their favorite interests, organizers and artists. The goal is to provide the best mobile experience for finding out first about the new events of your favorite organizers or making a last minute decision on the go. From discovery to booking - everything in their product is about relevance and convenience. Just starting, Craze has over 1.5m events, 20,000+ users and a team coming from companies like Google, Facebook & Microsoft.

Equafy

Seed Round in 2015
Equafy - creating comprehensive cross-browser testing tools. Selenium cloud execution, automatic site validation, finding bugs at 3 different layers, automatic issues detection, business facing reporting are part of the functionalities included.

Fliiby

Seed Round in 2015
Fliiby Limited is a digital content publishing and monetization platform tailored for creative artists and developers. Founded in 2007 and based in Novi Sad, Serbia, Fliiby allows users to upload a variety of digital content, including photography, videos, music, documents, and files. The platform enables artists to build online libraries, share their work with a global audience, and generate income when their content is viewed. By providing a centralized space for managing and accessing digital assets, Fliiby supports users in organizing their creative outputs while facilitating monetization opportunities.

Viblast

Seed Round in 2015
Viblast Ltd. develops peer-to-peer video delivery solutions for video publishers and broadcasters, media agencies, developers, OVPs, content delivery networks, system integrators, enterprise video clients, and original equipment manufacturers. It offers a transport layer for video content streaming needs; and a solution for the video playback of HLS and MPEG-DASH streams for HTML5 and mobile platforms. The company was founded in 2013 and is based in Sofia, Bulgaria.

OfficeRnD

Pre Seed Round in 2014
Officernd Limited develops and operates a workplace management system for space planning and management, and portfolio management in the cloud. The company’s solution allows clients to design a workplace, organize the office inventory, track relocations, and optimize the space without CAD files. It offers its system for office spaces, co-working spaces, universities or schools, and furniture shops. The company was founded in 2014 and is based in Sofia, Bulgaria.

Jumpido

Seed Round in 2014
Jumpido OOD is a company based in Bulgaria that operates an online portal offering a range of educational games specifically designed for primary school mathematics. Targeting students aged 6 to 12, Jumpido utilizes Microsoft's Kinect motion-sensor technology to create interactive learning experiences that combine cognitive challenges with physical activity. Founded in May 2013 by Kiril Rusev, Nikola Kosev, and Dilyan Rusev, the company aims to enhance engagement in the classroom through its innovative approach to learning. Jumpido has received support from LAUNCHub, a seed and acceleration fund based in Sofia, Bulgaria.

Zeduki

Seed Round in 2014
Zeduki, a new learning solution This is the first marketplace for e-learning where you can find your tutor, reserve and pay online and have your lesson directly live on the same web platform. Zeduki is a facilitator to help tutors and students to meet online and have live online lessons. Every tutor is free to choose the price desired, the availability and the best method to teach. We, at Zeduki, provides the most efficient and easy access between tutors and students.

StatAce

Seed Round in 2014
StatAce is a revolutionary online statistical system that is easy to use and cost effective.

ProsFit

Seed Round in 2014
ProsFit EOOD, founded in 2013 and based in Sofia, Bulgaria, specializes in prosthetic fitting solutions aimed at improving the quality of life for amputees. The company develops affordable and reliable devices, focusing on lower limb prosthetic sockets that utilize industrial processes and advanced technologies. By prioritizing comfort and enhancing clinical outcomes, ProsFit seeks to accommodate the growing number of amputees and facilitate their mobility and integration into society.

Intuitics

Seed Round in 2014
Intuitics empowers business users to run advanced analytics models themselves in order to generate insights from data. Today, data scientists in large companies frequently rerun predictive models for different parameters and data. This wastes time and slows down decision making. With Intuitics, the data team quickly turns a model into a predictive web app which anybody in the organization can use with a few clicks. Their software speeds up decision making, makes it more data-driven, and saves the data scientists time.

Edoms

Seed Round in 2014
Edoms is a complete domains research tool, backed by a database of (almost) all domain names that exist or existed (ever). Its Seo.Domains brand is the largest provider of authority expired domain names for SEO purposes. Edoms owns 40,000+ valuable domains. Over 15,000 domains have been sold and the monthly revenue of the company is $100,000+

Flyver

Seed Round in 2014
Flyver is focused on transforming the drone industry by providing a platform that allows developers to create and monetize applications for drones, similar to the app ecosystems for smartphones. Recognizing the current limitations in drone functionality and programming opportunities, Flyver aims to spark a revolution in drone applications. Additionally, the company operates an information platform that consolidates valuable insights about drones, including guidance, tips, reviews, and comparisons. This comprehensive resource helps consumers make informed decisions, reducing the likelihood of impulsive purchases. Through these initiatives, Flyver seeks to enhance the capabilities of drones and empower developers and users alike.

Oliver Wicks

Seed Round in 2014
Oliver Wicks is a custom-tailored clothing platform that specializes in premium menswear. The company offers a wide range of products, including suits, tuxedos, blazers, shirts, pants, coats, and accessories, all crafted from high-quality Italian and English wool. By focusing on custom-made garments, Oliver Wicks ensures that each piece is tailored to the individual needs and body shape of its customers. The platform is designed to provide a seamless shopping experience, with products delivered directly to the customer's door. The company also emphasizes customer satisfaction through a guarantee that includes free shipping and returns.

Jumpido

Seed Round in 2014
Jumpido OOD is a company based in Bulgaria that operates an online portal offering a range of educational games specifically designed for primary school mathematics. Targeting students aged 6 to 12, Jumpido utilizes Microsoft's Kinect motion-sensor technology to create interactive learning experiences that combine cognitive challenges with physical activity. Founded in May 2013 by Kiril Rusev, Nikola Kosev, and Dilyan Rusev, the company aims to enhance engagement in the classroom through its innovative approach to learning. Jumpido has received support from LAUNCHub, a seed and acceleration fund based in Sofia, Bulgaria.

BGMENU

Seed Round in 2014
As of February 23, 2018, BGMENU was acquired by Takeaway.com N.V. BGMENU operates a Website that allows users to order food from various restaurants across Bulgaria. The company allows users to order food from pizza, Chinese, Indian, Bulgarian, Italian, and sushi restaurants. It also enables restaurants to upload photos, presentation, and address of the restaurant; and to manage their orders, menu, and content. The company is based in Sofia, Bulgaria.

Metrilo

Seed Round in 2014
Metrilo LTD. provides analytics for e-commerce Websites. It helps clients to understand how people behave on their online store by providing revenue, purchases, visitors, conversion rates, and everything else that they need to know about how their online store is performing. It offers e-commerce analytics, e-commerce customer relationship management, email marketing, and Pricing services. The company was founded in 2014 and is based in Sofia, Bulgaria.

StatAce

Seed Round in 2014
StatAce is a revolutionary online statistical system that is easy to use and cost effective.

Intuitics

Seed Round in 2014
Intuitics empowers business users to run advanced analytics models themselves in order to generate insights from data. Today, data scientists in large companies frequently rerun predictive models for different parameters and data. This wastes time and slows down decision making. With Intuitics, the data team quickly turns a model into a predictive web app which anybody in the organization can use with a few clicks. Their software speeds up decision making, makes it more data-driven, and saves the data scientists time.

Craze

Seed Round in 2014
Craze helps people make easy early and last minute decisions, by connecting them to the events of their favorite interests, organizers and artists. The goal is to provide the best mobile experience for finding out first about the new events of your favorite organizers or making a last minute decision on the go. From discovery to booking - everything in their product is about relevance and convenience. Just starting, Craze has over 1.5m events, 20,000+ users and a team coming from companies like Google, Facebook & Microsoft.

Viblast

Seed Round in 2014
Viblast Ltd. develops peer-to-peer video delivery solutions for video publishers and broadcasters, media agencies, developers, OVPs, content delivery networks, system integrators, enterprise video clients, and original equipment manufacturers. It offers a transport layer for video content streaming needs; and a solution for the video playback of HLS and MPEG-DASH streams for HTML5 and mobile platforms. The company was founded in 2013 and is based in Sofia, Bulgaria.

CM2W

Seed Round in 2014
CM2W – Connect machines to web is a software development company, which provides different business profiles with the ability to remotely monitor and control a wide range of hardware equipment. The company is forwarder in the field with an innovative approach following the most advanced trends in the software development industry.

AdTapsy

Seed Round in 2014
AdTapsy is mediation platform that help app publishers and developers accelerate and increase their revenue in a fast and easy way. - Most profitable Ad Networks in single SDK (Charboost, Revmob, Applovin and more) - Fast and Easy integration - Auto-switching to highest paying ad network and ensuring up to 99% fill rate - Real-time Leaderboards and regular prizes for the best publishers

CloudRunner

Seed Round in 2014
CloudRunner designs and develops IT infrastructure automation framework that helps DevOps in IT organizations to manage and understand IT infrastructure throughout its lifecycle. The company is based in Bulgaria.

IQ Friends

Seed Round in 2014
IQ Friends specializes in developing brain training games designed to enhance various cognitive skills, including logic, memory, visual perception, arithmetic, reaction speed, and mental flexibility. Founded in 2007 and based in Sofia, Bulgaria, the company initially started with an online IQ test created in collaboration with researchers from SRH University Heidelberg, which combined scientific rigor with user-friendly design. IQ Friends' offerings include scientific and social games that not only provide enjoyable gameplay but also aim to delay or prevent Alzheimer’s disease. The company promotes a series of cognitive workouts intended to help users build a cognitive reserve, contributing to a healthy, active, and productive lifestyle.

BGMENU

Seed Round in 2014
As of February 23, 2018, BGMENU was acquired by Takeaway.com N.V. BGMENU operates a Website that allows users to order food from various restaurants across Bulgaria. The company allows users to order food from pizza, Chinese, Indian, Bulgarian, Italian, and sushi restaurants. It also enables restaurants to upload photos, presentation, and address of the restaurant; and to manage their orders, menu, and content. The company is based in Sofia, Bulgaria.

Transmetrics

Seed Round in 2014
Transmetrics OOD, founded in 2013 and based in Sofia, Bulgaria, provides Software-as-a-Service (SaaS) solutions for the cargo transport and logistics sectors. The company specializes in data cleansing, demand forecasting, and predictive optimization to enhance operational efficiency. Its key offerings include NetMetrics, which forecasts shipment volumes to optimize cargo vehicle capacity; AssetMetrics, designed for asset owners to predict demand peaks and improve asset utilization; and WaterMetrics, which streamlines warehouse labor by forecasting incoming shipments and optimizing labor schedules. Transmetrics has collaborated with notable clients, including various Fortune 500 companies and industry leaders like DHL Express and Kuehne + Nagel. The company has received over EUR 4 million in funding and has been recognized with multiple awards for its innovative solutions in logistics. Its team consists of 33 skilled professionals with expertise in software development, data science, and logistics. Transmetrics' solutions leverage advanced technologies such as artificial intelligence and predictive analytics to meet the evolving needs of the transport industry.

Prefer.ly

Seed Round in 2014
Prefer.ly owns and operates an e-commerce Website. The company collects online reviews for different products and transforms them into purchase decision advice through this Website. The company is based in Bulgaria.

Equafy

Seed Round in 2014
Equafy - creating comprehensive cross-browser testing tools. Selenium cloud execution, automatic site validation, finding bugs at 3 different layers, automatic issues detection, business facing reporting are part of the functionalities included.

Perpetto

Seed Round in 2014
Their #1 goal is to help you get the most out of Perpetto and increase your sales. Ask us anything, anytime, they are here to help. With Perpetto’s recommendations you can easily generate up to 18% more revenue each month. By cross-selling automatically their algorithms help your users visit up to 30% more of your products. Perpetto’s recommended products convert up to 120% better than the other products on the store.

Wiziva

Seed Round in 2014
The shortest and fastest way to create any kind of website, based on Wordpress CMS. Wiziva is a Wordpress marketplace and open automation platform that allows all the Wordpress developers create installation packs and installation wizards for fast and easy creation of any kind of website. The end users then can create and customize a website in minutes just by running the installation wizard.

Viblast

Seed Round in 2013
Viblast Ltd. develops peer-to-peer video delivery solutions for video publishers and broadcasters, media agencies, developers, OVPs, content delivery networks, system integrators, enterprise video clients, and original equipment manufacturers. It offers a transport layer for video content streaming needs; and a solution for the video playback of HLS and MPEG-DASH streams for HTML5 and mobile platforms. The company was founded in 2013 and is based in Sofia, Bulgaria.

Perpetto

Seed Round in 2013
Their #1 goal is to help you get the most out of Perpetto and increase your sales. Ask us anything, anytime, they are here to help. With Perpetto’s recommendations you can easily generate up to 18% more revenue each month. By cross-selling automatically their algorithms help your users visit up to 30% more of your products. Perpetto’s recommended products convert up to 120% better than the other products on the store.

Oliver Wicks

Seed Round in 2013
Oliver Wicks is a custom-tailored clothing platform that specializes in premium menswear. The company offers a wide range of products, including suits, tuxedos, blazers, shirts, pants, coats, and accessories, all crafted from high-quality Italian and English wool. By focusing on custom-made garments, Oliver Wicks ensures that each piece is tailored to the individual needs and body shape of its customers. The platform is designed to provide a seamless shopping experience, with products delivered directly to the customer's door. The company also emphasizes customer satisfaction through a guarantee that includes free shipping and returns.

Jobio

Seed Round in 2013
Jobio is an innovative online platform that improves the process of recruitment and assessment of job candidates. Through the platform, candidates have the opportunity to prove their professional skills and demonstrate their growth potential. Every company needs meaningful information in order to select candidates. Using their unique “JobQuest” methodology, companies can find the right employee, quickly and on budget. What separates Jobio from all other platforms is the opportunity for candidates to prove their professional skills in practice. Jobio’s methodology assures the perfect fit between a candidate’s skills and the given job requirements. In addition, companies can check whether the personality and attitude of the candidate fits its culture. Finally, companies can assign candidates with a practical task, co-developed with their HR specialist to ensure the candidate is not only good on paper, but can cope with real-world tasks. Jobio - where young talents start their career!

StatAce

Seed Round in 2013
StatAce is a revolutionary online statistical system that is easy to use and cost effective.

Intuitics

Seed Round in 2013
Intuitics empowers business users to run advanced analytics models themselves in order to generate insights from data. Today, data scientists in large companies frequently rerun predictive models for different parameters and data. This wastes time and slows down decision making. With Intuitics, the data team quickly turns a model into a predictive web app which anybody in the organization can use with a few clicks. Their software speeds up decision making, makes it more data-driven, and saves the data scientists time.

Deed

Seed Round in 2013
Deed (www.ideedit.com) is an online playground for challenges that convert passive people into active ones, people that like into people that do. Deed is a business solution that improves engagement in and grows existing corporate communities. Deed is an efficient tool to carry out social responsibility, staff team-building, staff recruitment and other corporate campaigns. It is also a cost-efficient tool for launching promotional campaigns for businesses through online contests and giveaways. Businesses may use Deed via public and private branded challenge channels. They can encourage long-term commitment to challenge campaigns by awarding points, badges and tangible awards.

CloudRunner

Seed Round in 2013
CloudRunner designs and develops IT infrastructure automation framework that helps DevOps in IT organizations to manage and understand IT infrastructure throughout its lifecycle. The company is based in Bulgaria.

Imagga

Seed Round in 2013
Imagga is an Image Recognition PaaS providing Image Tagging APIs for developers & businesses to build scalable, image intensive apps in the cloud. Image understanding technologies are wrapped in a cloud platform of powerful APIs that allow auto-cropping, color extraction & search, categorization and auto-tagging (keyword annotation) of large image collections. They've designed an infrastructure that can handle huge loads of images and auto-scale to accommodate a lot of concurrent queries. Currently they offer their APIs on a software-as-a-service pay-as-you-go basis both for web and mobile.

Jumpido

Seed Round in 2013
Jumpido OOD is a company based in Bulgaria that operates an online portal offering a range of educational games specifically designed for primary school mathematics. Targeting students aged 6 to 12, Jumpido utilizes Microsoft's Kinect motion-sensor technology to create interactive learning experiences that combine cognitive challenges with physical activity. Founded in May 2013 by Kiril Rusev, Nikola Kosev, and Dilyan Rusev, the company aims to enhance engagement in the classroom through its innovative approach to learning. Jumpido has received support from LAUNCHub, a seed and acceleration fund based in Sofia, Bulgaria.

UseTogether

Seed Round in 2013
UseTogether OOD owns and operates an online community where people borrow, lend, and swap items or services without buying them. UseTogether OOD was founded in 2012 and is based in Sofia, Bulgaria.

Oliver Wicks

Seed Round in 2013
Oliver Wicks is a custom-tailored clothing platform that specializes in premium menswear. The company offers a wide range of products, including suits, tuxedos, blazers, shirts, pants, coats, and accessories, all crafted from high-quality Italian and English wool. By focusing on custom-made garments, Oliver Wicks ensures that each piece is tailored to the individual needs and body shape of its customers. The platform is designed to provide a seamless shopping experience, with products delivered directly to the customer's door. The company also emphasizes customer satisfaction through a guarantee that includes free shipping and returns.

Transmetrics

Seed Round in 2013
Transmetrics OOD, founded in 2013 and based in Sofia, Bulgaria, provides Software-as-a-Service (SaaS) solutions for the cargo transport and logistics sectors. The company specializes in data cleansing, demand forecasting, and predictive optimization to enhance operational efficiency. Its key offerings include NetMetrics, which forecasts shipment volumes to optimize cargo vehicle capacity; AssetMetrics, designed for asset owners to predict demand peaks and improve asset utilization; and WaterMetrics, which streamlines warehouse labor by forecasting incoming shipments and optimizing labor schedules. Transmetrics has collaborated with notable clients, including various Fortune 500 companies and industry leaders like DHL Express and Kuehne + Nagel. The company has received over EUR 4 million in funding and has been recognized with multiple awards for its innovative solutions in logistics. Its team consists of 33 skilled professionals with expertise in software development, data science, and logistics. Transmetrics' solutions leverage advanced technologies such as artificial intelligence and predictive analytics to meet the evolving needs of the transport industry.

Retidoc

Seed Round in 2013
RetiDoc is software that detects and enter all the data from personal documents. With RetiDoc you can use any scanner to capture the data.

Ucha.se

Seed Round in 2013
Ucha.se makes learning fun. It is an online platform, on which pupils and students learn and prepare for school. Pupils learn faster, improve their results and get inspired. The platform allows students to watch videos, take tests, ask questions and share comments. Learning is represented with gamification components like drawings, playful narration, dashboards with the best students, etc. It is available on the web and is extending to mobile. Ucha.se is well recognized by the parents and teachers in Bulgaria. In November 2012 Ucha.se was awarded as the best website in Bulgaria in the field of Education and Science.

StorPool

Seed Round in 2012
StorPool Ltd. offers a software-defined storage solution that transforms standard drives in standard servers into a unified and scalable shared storage pool. This innovative software acts as a virtual SAN, consolidating the performance and capacity of multiple drives across servers, allowing for efficient management of virtual machines, applications, and databases. It provides a range of functionalities, including data redundancy, consistency, and the ability to expose storage volumes as local block devices. StorPool's solution caters to diverse use cases such as desktop virtualization, cloud storage, and critical data protection, making it a viable alternative to traditional SANs and RAID systems. The software is designed for public and private cloud builders, managed service providers, and enterprises, integrating seamlessly with various technologies in the Linux ecosystem. Headquartered in Sofia, Bulgaria, StorPool serves hosting companies, telecoms, and data centers, delivering high performance, simplicity, and scalability in data storage solutions.

KBLE

Seed Round in 2012
KBLE operates a search engine platform designed for searching, browsing, sharing, and exploring photos and videos. The platform employs innovative technology aimed at enhancing search results by focusing on relevance, precision, diversity, and aesthetics. By prioritizing these aspects, KBLE enables users to easily access and share visual content, thereby creating a unique and engaging online experience. The company's approach to search technology aims to transform how individuals interact with multimedia content on the Internet.

Coherent Labs

Seed Round in 2012
Coherent Labs AD develops and delivers graphical user interface (UI) systems for game development companies. The company offers Coherent UI, a graphical user interface system for games, and allows game developers and UI artists to create game interfaces and interactions using HTML, CSS, and JavaScript. The company’s products are supported on Windows 32-bit, Windows 64-bit, Mac OS X, Linux, and .NET platforms; and integrate with the Unity3D game engine. The company was founded in 2012 and is based in Sofia, Bulgaria.

Next Points

Seed Round in 2012
Next Points offers a SaaS-based business intelligence (BI) platform. It offers AZ4Cast, a BI platform that generates demand forecasts and KPIs, forecasts promotions effects, identifies trends, and determines seasonal patterns for FMCG producers, distributors, and retailers; small and medium sized companies; marketing and forecasting departments of corporations; and product and brand managers. The company was founded in 2012 and is based in Sofia, Bulgaria.

rankur

Seed Round in 2012
Rankur Inc. develops and provides a Web tool for online reputation management and social media analytics. It offers social and digital media monitoring services. The company was founded in 2012 and is based in Sofia, Bulgaria.

Imagga

Seed Round in 2012
Imagga is an Image Recognition PaaS providing Image Tagging APIs for developers & businesses to build scalable, image intensive apps in the cloud. Image understanding technologies are wrapped in a cloud platform of powerful APIs that allow auto-cropping, color extraction & search, categorization and auto-tagging (keyword annotation) of large image collections. They've designed an infrastructure that can handle huge loads of images and auto-scale to accommodate a lot of concurrent queries. Currently they offer their APIs on a software-as-a-service pay-as-you-go basis both for web and mobile.

Deed

Seed Round in 2012
Deed (www.ideedit.com) is an online playground for challenges that convert passive people into active ones, people that like into people that do. Deed is a business solution that improves engagement in and grows existing corporate communities. Deed is an efficient tool to carry out social responsibility, staff team-building, staff recruitment and other corporate campaigns. It is also a cost-efficient tool for launching promotional campaigns for businesses through online contests and giveaways. Businesses may use Deed via public and private branded challenge channels. They can encourage long-term commitment to challenge campaigns by awarding points, badges and tangible awards.