Eleven

Eleven Ventures is a venture capital firm based in Sofia, Bulgaria, specializing in early-stage investments in technology companies across Southeast Europe. Founded in 2012, the firm focuses on sectors such as fintech, health tech, e-commerce, the future of food, software tools, consumer products, sports technology, and mobility. Eleven Ventures invests primarily in pre-seed and seed stages, typically allocating between €0.025 million and €0.5 million per company, with a preference for taking minority stakes ranging from 6% to 30%. The firm conducts a three-month mentor-led acceleration program each quarter, accepting 10-15 teams, and offers office space and back-office services to support startups during this period. Additionally, accepted teams gain access to over €0.1 million in free services from technology providers. Eleven Ventures emphasizes investing in teams of two or more founders and requires portfolio companies to have a legal entity in Bulgaria and be present in Sofia during the program.

Svetozar Georgiev

Partner

Martin Ouzounov

Partner

Valeri Petrov

Partner

Ivaylo Simov

Partner

Gergana Stoitchkova

Investment Associate

Daniel Tomov

Partner

297 past transactions

Pluria

Seed Round in 2023
Pluria is an IT firm that offers office as a service and aggregates flexible workspaces accessed through a suite of digital solutions.

Flow

Seed Round in 2022
Flow is a FinTech startup focussed on money automation.Flow lets you automate transactions between your accounts. Based on triggers you can transfer your money automatically to the accounts you choose.

Rush

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

Woli

Seed Round in 2022
Combining a mobile app, a prepaid Mastercard, smart Money Tips and age-appropriate finance classes, Woli empowers children to earn, save and spend money responsibly within a safe environment.

CoLumbo

Seed Round in 2022
CoLumbo helps radiologists work efficiently with MRI and achieve consistent, high-quality results. Our award-winning algorithm aids pathology detection, eliminates human biases and saves critical time in generating MRI reports.

Frisbo

Seed Round in 2021
Frisbo is a prominent e-fulfillment solution in Europe that connects online retailers with a network of reliable fulfillment operators and logistics providers. The company aims to streamline the logistics process for e-commerce businesses, enabling them to deliver orders to customers more efficiently and cost-effectively. By automating logistics, Frisbo facilitates a seamless experience for sellers, enhancing their ability to operate across borders and meet customer demands swiftly.

Dronamics

Seed Round in 2021
Dronamics is a developer of advanced unmanned aerial systems aimed at transforming airfreight logistics. By creating a new type of small, unmanned cargo airplane that is highly fuel-efficient, Dronamics aims to democratize shipping in emerging markets. The aircraft can transport payloads of 350 kilograms over distances of 2,500 kilometers at costs significantly lower than traditional air transport, reducing shipping expenses by over 50%. Designed for autonomous flight, the aircraft can be remotely monitored and managed via satellite, making it suitable for challenging delivery scenarios, including remote and mountainous regions. As the first and only Strategic Partner for drones recognized by IATA, Dronamics is positioned to make a substantial impact in the commercial logistics sector.

Payhawk

Series B in 2021
Payhawk Limited offers a comprehensive spending software designed to streamline expense management, payments, and corporate card usage for businesses. Founded in 2018 and headquartered in London, with an additional office in Sofia, Bulgaria, the company focuses on simplifying the entire spending lifecycle for financial officers and business owners. Its platform automates the collection and analysis of receipts, invoices, and card transactions, allowing businesses to maintain budget control without the need for paperwork. Payhawk's innovative solution includes a paperless corporate card that integrates seamlessly with existing banking services, offering real-time expense tracking, automated data extraction, and reporting features to enhance financial oversight.

CourseDot

Seed Round in 2021
CourseDot operates as an online marketplace specializing in IT training courses. The platform connects learners with a diverse range of educational resources aimed at enhancing skills in information technology. By offering a variety of courses, CourseDot caters to the growing demand for tech education, making it accessible for individuals seeking to advance their knowledge and career opportunities in the IT sector. Through its user-friendly interface, CourseDot facilitates the exploration and enrollment in courses that meet the specific needs of learners, reflecting the increasing importance of continuous education in a rapidly evolving technological landscape.

VERO Leasing

Series A in 2021
Vero is real estate's first leasing fintech, purpose-built to convert leads to renters faster than ever in a secure, frictionless experience. Backed by Silicon Valley VCs and New York City real estate owner-operators, Vero is transforming the paradigm in residential leasing by reducing days-long renter qualification and lease generation processes to seconds for the industry's first seamless rental transaction.

NOLD

Seed Round in 2021
NOLD provides a platform that users may locate an exceptional and one-of-a-kind, an outfit with a past that can tell a new tale and take them on a trip. The company was based in Bulgaria.

Product Lead

Seed Round in 2021
ProductLead helps you sell more online, by leveraging user generated content and activating influencers. If your brand gets stuck online, ProductLead helps you gather content and activate influencers, in order to sell more through social. By using social galleries and influencer campaigns, we help ecommerce sites boost their sales and engagement.

Rebellious Software

Seed Round in 2021
Rebellious started as two software developers winning Bulgarian national software development competitions. They grew as a team and found ourselves winning the largest hackathon worldwide with over 9000 participants - NASA Space Apps Challenge in 2013, and on the next year’s edition their project made it in top 5. By that time they had already built a team of great professionals and they wanted to start working on their own ideas. They wanted to make games.

Printivo

Seed Round in 2021
Printivo Ltd. designs 3D human bone tissue for in-vitro efficacy and toxicity assays application. It offers pharmaceutical companies with bone tissue graft on demand that can be used for drug testing in pre-clinical trials. The company’s technology also enables users to create native-like micro-architecture of the bone tissue with surpassing accuracy on the details. Printivo Ltd. was founded in 2016 and is based in Sofia City, Bulgaria.

Dronamics

Seed Round in 2021
Dronamics is a developer of advanced unmanned aerial systems aimed at transforming airfreight logistics. By creating a new type of small, unmanned cargo airplane that is highly fuel-efficient, Dronamics aims to democratize shipping in emerging markets. The aircraft can transport payloads of 350 kilograms over distances of 2,500 kilometers at costs significantly lower than traditional air transport, reducing shipping expenses by over 50%. Designed for autonomous flight, the aircraft can be remotely monitored and managed via satellite, making it suitable for challenging delivery scenarios, including remote and mountainous regions. As the first and only Strategic Partner for drones recognized by IATA, Dronamics is positioned to make a substantial impact in the commercial logistics sector.

MClimate

Seed Round in 2020
MClimate is an IoT company based in Sofia, Bulgaria, specializing in the design and development of affordable, universally compatible smart home and building automation solutions. Founded in 2015, the company focuses on enhancing comfort, security, and energy efficiency through its diverse product portfolio, which includes A/C controllers, water heater controllers, radiator controllers, smart outlets, and various detection devices for motion, water leakage, and window/door status. MClimate aims to make home automation accessible to all, emphasizing the importance of digital, connected, and low carbon footprint solutions. The company has successfully implemented numerous projects in Smart City and Smart Building initiatives worldwide, utilizing advanced technologies such as LoRaWAN to retrofit traditional appliances and enable remote monitoring and control via a dedicated app.

Escreo

Seed Round in 2020
Escreo, founded in April 2015 and based in Sofia, Bulgaria, specializes in innovative paint solutions that transform ordinary surfaces into writable and drawable areas. The company manufactures a range of carbon dioxide-neutral paints, including whiteboard and magnetic options, which cater to diverse environments such as offices, classrooms, and homes. These products allow users to create customizable and reusable writing surfaces, facilitating collaboration, brainstorming, and planning. Through its offerings, Escreo aims to enhance creativity and communication in various settings.

AYO

Seed Round in 2020
AYO is a team of innovators, visionaries, designers, engineers, programmers and entrepreneurs. They aspire to create meaningful innovative solutions that will be used by millions of people every day. They live active lives, enjoy a wide range of sports and activities, and are passionate about health and wellbeing. For us the magical formula for success is to unite your passion with your work and simply love what you do – that’s exactly why they started Novalogy. They perceive limitless possibilities for improving and enhancing human life and wellbeing by combining technology, science and creative thinking.

Metrilo

Seed Round in 2020
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.

BIOPIX-T

Seed Round in 2020
Molecular Diagnostics for the Point Of Care

Printivo

Pre Seed Round in 2020
Printivo Ltd. designs 3D human bone tissue for in-vitro efficacy and toxicity assays application. It offers pharmaceutical companies with bone tissue graft on demand that can be used for drug testing in pre-clinical trials. The company’s technology also enables users to create native-like micro-architecture of the bone tissue with surpassing accuracy on the details. Printivo Ltd. was founded in 2016 and is based in Sofia City, Bulgaria.

Rebellious Software

Seed Round in 2020
Rebellious started as two software developers winning Bulgarian national software development competitions. They grew as a team and found ourselves winning the largest hackathon worldwide with over 9000 participants - NASA Space Apps Challenge in 2013, and on the next year’s edition their project made it in top 5. By that time they had already built a team of great professionals and they wanted to start working on their own ideas. They wanted to make games.

Noble

Seed Round in 2020
Noble Tech Ltd. operates a decentralized, referral-based job board that links tech talent with IT companies in Bulgaria. Founded in 2018 and headquartered in Sofia, the platform allows companies to post job openings along with referral bonuses, incentivizing a network of recruiters, industry experts, and business leaders to invite candidates to apply. Referrers earn rewards when their referred candidates are hired, helping to streamline the hiring process and reduce associated costs. Additionally, candidates can gain insights into potential employers, including company culture, benefits, and compensation, before pursuing job opportunities.

smartocto

Seed Round in 2020
smartocto is a company aiming to maximizing content strategies for media and content marketing brands.

Dronamics

Seed Round in 2020
Dronamics is a developer of advanced unmanned aerial systems aimed at transforming airfreight logistics. By creating a new type of small, unmanned cargo airplane that is highly fuel-efficient, Dronamics aims to democratize shipping in emerging markets. The aircraft can transport payloads of 350 kilograms over distances of 2,500 kilometers at costs significantly lower than traditional air transport, reducing shipping expenses by over 50%. Designed for autonomous flight, the aircraft can be remotely monitored and managed via satellite, making it suitable for challenging delivery scenarios, including remote and mountainous regions. As the first and only Strategic Partner for drones recognized by IATA, Dronamics is positioned to make a substantial impact in the commercial logistics sector.

Payhawk

Seed Round in 2020
Payhawk Limited offers a comprehensive spending software designed to streamline expense management, payments, and corporate card usage for businesses. Founded in 2018 and headquartered in London, with an additional office in Sofia, Bulgaria, the company focuses on simplifying the entire spending lifecycle for financial officers and business owners. Its platform automates the collection and analysis of receipts, invoices, and card transactions, allowing businesses to maintain budget control without the need for paperwork. Payhawk's innovative solution includes a paperless corporate card that integrates seamlessly with existing banking services, offering real-time expense tracking, automated data extraction, and reporting features to enhance financial oversight.

A4Everyone

Seed Round in 2019
A4Everyone specializes in providing affordable analytical solutions aimed at enhancing the efficiency of small and medium-sized businesses. Recognizing that many organizations struggle to leverage their data effectively due to concerns about cost and complexity, A4Everyone simplifies the process of data analysis. The company harnesses advanced computing resources, enabling businesses to utilize powerful analytical tools with minimal effort. With a strong foundation in the science of analytics, A4Everyone is committed to making data-driven decision-making accessible to organizations of all sizes, ensuring that even smaller entities can benefit from the advantages of sophisticated data analysis.

Escreo

Secondary Market in 2019
Escreo, founded in April 2015 and based in Sofia, Bulgaria, specializes in innovative paint solutions that transform ordinary surfaces into writable and drawable areas. The company manufactures a range of carbon dioxide-neutral paints, including whiteboard and magnetic options, which cater to diverse environments such as offices, classrooms, and homes. These products allow users to create customizable and reusable writing surfaces, facilitating collaboration, brainstorming, and planning. Through its offerings, Escreo aims to enhance creativity and communication in various settings.

Kool and Konscious

Seed Round in 2019
Kool and Konscious operates as a 360 online marketplace for fashion products. It offers clothing, including outerwear, dresses and jumpsuits, tops, bottoms, and swimwear and lingerie; shoes; and accessories, including bags, jewelry, and scarves. The company is based in Sofia, Bulgaria.

Printivo

Pre Seed Round in 2019
Printivo Ltd. designs 3D human bone tissue for in-vitro efficacy and toxicity assays application. It offers pharmaceutical companies with bone tissue graft on demand that can be used for drug testing in pre-clinical trials. The company’s technology also enables users to create native-like micro-architecture of the bone tissue with surpassing accuracy on the details. Printivo Ltd. was founded in 2016 and is based in Sofia City, Bulgaria.

LogSentinel

Seed Round in 2019
LogSentinel B.V. operates an information security company that develops data protection and privacy solution by blockchain and artificial intelligence technology. The company provides an unmodifiable audit trail, rule-based and AI-driven fraud detection module, advanced encryption layer with per-record encryption, regulatory compliance, dashboard for monitoring and, advanced business intelligence. Its products include SentinelDB; cloud-based datastore that encrypts data per-record and ensures compliance with data protection regulations like GDPR and HIPAA and Sentinel Trails; blockchain-protected logging and audit trail. LogSentinel B.V. was founded in 2017 and is headquartered in Sofia City, Bulgaria with additional office in Naarden, The Netherlands.

Reloyalty

Seed Round in 2019
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.

Payhawk

Pre Seed Round in 2019
Payhawk Limited offers a comprehensive spending software designed to streamline expense management, payments, and corporate card usage for businesses. Founded in 2018 and headquartered in London, with an additional office in Sofia, Bulgaria, the company focuses on simplifying the entire spending lifecycle for financial officers and business owners. Its platform automates the collection and analysis of receipts, invoices, and card transactions, allowing businesses to maintain budget control without the need for paperwork. Payhawk's innovative solution includes a paperless corporate card that integrates seamlessly with existing banking services, offering real-time expense tracking, automated data extraction, and reporting features to enhance financial oversight.

Rebellious Software

Seed Round in 2019
Rebellious started as two software developers winning Bulgarian national software development competitions. They grew as a team and found ourselves winning the largest hackathon worldwide with over 9000 participants - NASA Space Apps Challenge in 2013, and on the next year’s edition their project made it in top 5. By that time they had already built a team of great professionals and they wanted to start working on their own ideas. They wanted to make games.

Colibra

Seed Round in 2019
Соlіbrа offers guaranteed pay for 1+ hour flight delay. Free of charge! Register before take-off and get compensated in 24 hours after landing with a 1+ hour delay (or cancelled): Any delay reason - weather, strikes, etc; Easy-Peasy (no claims or lawyers); Payout in just 24 hours after landing How it works? 1. Add Flight Before Take-off - Use the app to add your flight no later than 20 min. prior to take-off & get real-time flight info about gate changes and time delays 2. Choose Your Payout - Use our default and guaranteed 60 min. payout feature or move time slider to increase the value of your compensation 3. Agree to Receive Compensation - To get compensation in 24 hours via the Colibra app, you have to agree to forfeit your right to receive compensation whenever you are eligible under EU261. 4. Get Paid in 24 Hours - Get compensated in 24 hours after landing with a 1+ hour delay or more (or cancelled). Any delay reason. 100% guaranteed! Who is it for? - Frequent Business Travelers, Budget Travelers, Travel Couples, Travel Groups

Noble

Seed Round in 2018
Noble Tech Ltd. operates a decentralized, referral-based job board that links tech talent with IT companies in Bulgaria. Founded in 2018 and headquartered in Sofia, the platform allows companies to post job openings along with referral bonuses, incentivizing a network of recruiters, industry experts, and business leaders to invite candidates to apply. Referrers earn rewards when their referred candidates are hired, helping to streamline the hiring process and reduce associated costs. Additionally, candidates can gain insights into potential employers, including company culture, benefits, and compensation, before pursuing job opportunities.

Havelock

Seed Round in 2018
Havelock designs and develops a fashion and apparel production management software. The company's software helps production managers from the fashion and apparel industry to manage the production of the styles and deliver the garments. The company's product provides reports and notifications with status updates. The company was founded in 2015 and is based in Sofia, Bulgaria.

Bee Smart Technologies

Seed Round in 2018
Bee Smart Technologies is a high-tech company focused on transforming the global beekeeping industry through innovative solutions. The company's primary offering is a remote diagnostic and monitoring station designed for bee hives, which incorporates sensor technology and bio-based algorithms. This technology enhances honeybee health and reduces operational costs for beekeepers by providing advanced analytics and unprecedented remote diagnostic capabilities. By facilitating the integration of digital tools into beekeeping practices, Bee Smart Technologies aims to modernize the industry and support beekeepers in managing their hives more effectively.

NitroPack

Seed Round in 2018
NitroPack optimizes Google page speed score and improve search engine ranking.

SMSBump

Seed Round in 2018
SMSBump is a comprehensive SMS marketing solution tailored for eCommerce brands. The platform enables online store owners to enhance sales and customer lifetime value by facilitating personalized SMS marketing campaigns. Users can accurately track and analyze campaign results, optimizing messages for improved link click-through rates. This service allows businesses to establish direct and personal communication with their customers through text messaging, thereby fostering better engagement and potentially driving higher conversion rates.

Quantive

Seed Round in 2018
Quantive develops a sophisticated software platform designed to assist organizations in managing objectives and key results (OKRs) and key performance indicators (KPIs). Founded in 2015 and headquartered in London, with an additional office in Sofia, the company helps businesses align their strategies with execution by integrating seamlessly with existing information technology systems, such as customer relationship management and marketing automation tools. The platform enables users to set, manage, and measure goals effectively, providing real-time tracking of progress through over 150 pre-built data connectors. Additionally, Quantive’s software enhances employee engagement by fostering goal alignment and facilitating meaningful conversations. By offering robust data management and analytics capabilities, the platform supports performance management and strategic decision-making, ultimately driving revenue growth and organizational alignment.

Content Insights

Seed Round in 2016
Helping online publishers evaluate, benchmark and rank content and authors' performance across platforms and languages

Appzio

Seed Round in 2015
Appzio Ltd. builds digital publishing tools for content publishers. It offers an intuitive builder platform that empowers content creators to publish native mobile applications without coding. The company also offers a ready-made cooking application that helps media, agencies, and food-related companies to inspire, engage, and monetize their target audience. Appzio Ltd. was founded in 2014 and is based in Sofia, Bulgaria.

A4Everyone

Seed Round in 2015
A4Everyone specializes in providing affordable analytical solutions aimed at enhancing the efficiency of small and medium-sized businesses. Recognizing that many organizations struggle to leverage their data effectively due to concerns about cost and complexity, A4Everyone simplifies the process of data analysis. The company harnesses advanced computing resources, enabling businesses to utilize powerful analytical tools with minimal effort. With a strong foundation in the science of analytics, A4Everyone is committed to making data-driven decision-making accessible to organizations of all sizes, ensuring that even smaller entities can benefit from the advantages of sophisticated data analysis.

Scoutee

Convertible Note in 2015
Scoutee is a pioneering company that has developed the world's first smart speed radar designed to enhance athletic performance and support sports careers. This innovative device provides reliable and accurate ball speed measurements and is connected to a cloud-based application accessible via smartphones and tablets. Users benefit from features such as video recording, historical data tracking, and video analysis with training suggestions. The platform allows athletes, parents, coaches, and scouts to monitor progress and showcase talent effectively. By syncing acquired data and videos with individual player profiles in the cloud, Scoutee aims to transform how athletes track their development and improve their gameplay experience.

Enso.fm

Convertible Note in 2015
Enso is a mobile app that fixes the music discovery process by turning it into a treasure hunt game. Enso is free, fun, and effective. Enso is how people should discover new music. Every time you start Enso you immediately get thirty second previews of songs and their cover art. - Swipe right the songs you love to add them to your music collection. - Swipe left the songs you hate and never see them again. - Swipe up to share your great finds with the world. - Swipe down to dig into a different category. - Hold over a song for YouTube videos and more. - Listen to full songs of your music collection with Spotify Premium. - Store your music collection with Spotify free.

Sensika, inc.

Convertible Note in 2015
Sensika, inc. develops a cloud based information intelligence platform that extracts information from web sources, social networks, and premium content providers. It maintains an electronic archive of publications on Bulgarian-language websites and blogs. The company's products include dashboards, data, alerts, and reports. The company was founded in 2012 and is based in Sofia, Bulgaria.

Escreo

Convertible Note in 2015
Escreo, founded in April 2015 and based in Sofia, Bulgaria, specializes in innovative paint solutions that transform ordinary surfaces into writable and drawable areas. The company manufactures a range of carbon dioxide-neutral paints, including whiteboard and magnetic options, which cater to diverse environments such as offices, classrooms, and homes. These products allow users to create customizable and reusable writing surfaces, facilitating collaboration, brainstorming, and planning. Through its offerings, Escreo aims to enhance creativity and communication in various settings.

EuroPATC

Angel Round in 2015
EuroPATC is a new startup company established in June 2015. Their mission is to help parents and guardians of children (people) with autism to overcome one of their biggest fears - a fear of a lost child - a fear that their loved one is left without the necessary help in times when it is crucial. Their product is a tracking device that integrates advanced cutting-edge technology with only one purpose, uncompromisingly child safety. The device has been designed in the form of wearable. The service that we provide to users will be one-of-its-kind, carefully designed for children (people) with autism. Their vision, like our mission, is to bring reliable solution and to help parents to OUTRUN THEIR WORST FEAR!

Caret

Seed Round in 2015
Caret.io Ltd. is a software company based in Sofia, Bulgaria, specializing in desktop applications built on the Electron framework. It develops a premium markdown editor compatible with Mac, Windows, and Linux systems, designed to cater to the needs of developers, bloggers, and journalists. The editor is characterized by its simplicity and aesthetically pleasing design, aiming to enhance productivity for its users. In addition to its own products, Caret also offers support for front-end development and assists other companies in leveraging Electron technology. Through these services, Caret fosters a community of markdown users while promoting efficient and effective content creation.

Magin

Seed Round in 2015
Magin is an iPhone email app that tries to improve where other similar apps fall short by providing unique user interface, combined with cool features. The app tries to focus on most of the key things in email and makes them better by providing user experience that will make your actions seem fast and fluid. The app also tries to incorporate gestures and hand movements to excel the user experience, and combine these with unique animations that makes the interface to look lively and attractive. Being in such a crowded space Magin tries to differentiate from it's competitors by combining unique user interface with great features and aims to boost your productivity, whereas other similar apps are trying to "just work", Magin make it all seem like magic.

Coprix Media

Seed Round in 2015
Coprix Media d.o.o., founded in 2012 and based in Belgrade, Serbia, specializes in creating certified interactive educational applications aimed at preschool and primary school children. The company's offerings include the InterActive Spelling Book and InterActive Mathematics, both of which are grounded in scientific research and developed by experts in early childhood education. These applications are designed to engage children in the learning process while aligning with official K12 curricula across various regions, including the US, EU, and MENA. Coprix Media's interactive apps can be utilized on smart whiteboards, facilitating collaborative learning in classrooms. Additionally, the applications provide data-driven insights to track each child's progress, aiming to enhance their learning potential. Overall, Coprix Media seeks to transform education by developing solutions that adapt to children's individual growth and interests throughout their educational journey.

Yanado

Seed Round in 2015
Yanado is a task management and collaboration tool built on top of the Gmail and Google apps. People live in their email client. Instead of taking them out of it, we bring everything they need to get the job done within their Gmail. Yanado improves the way you work by integrating task management with your Gmail. It also improves the team collaboration within your Gmail, the place you live in. It's deeply integrated with Gmail and Google apps. It looks like a Gmail and it feels like a Gmail.

Perpetto

Convertible Note in 2015
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.

The Power Week

Seed Round in 2015
Power Week enables businesses to work near nature.

Modular Wall Systems

Seed Round in 2015
At Modular Wall Systems (MWS) we design, manufacture and install modular walls for the domestic and the commercial markets with walls available from 0.9 meters in height to 4.5 meters and above for sound attenuation walls (higher walls are available upon request).

Bincode

Convertible Note in 2015
Bincode is a software company based in Belgrade, Serbia, specializing in the development of mobile applications for various platforms, including Android, iOS, Windows, and Blackberry. With a focus on mobile app innovation, Bincode offers a range of solutions aimed at transforming creative ideas into functional applications. In addition to mobile application development, the company also operates in the gaming sector, designing and producing short session role-playing games that cater to users seeking quick, engaging experiences. By providing accessible gaming options, Bincode enables players to enjoy recreational activities without the commitment of longer gaming sessions. Through its expertise and passion for both mobile applications and gaming, Bincode aims to deliver enjoyable and efficient experiences for its users.

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.

CourseDot

Convertible Note in 2015
CourseDot operates as an online marketplace specializing in IT training courses. The platform connects learners with a diverse range of educational resources aimed at enhancing skills in information technology. By offering a variety of courses, CourseDot caters to the growing demand for tech education, making it accessible for individuals seeking to advance their knowledge and career opportunities in the IT sector. Through its user-friendly interface, CourseDot facilitates the exploration and enrollment in courses that meet the specific needs of learners, reflecting the increasing importance of continuous education in a rapidly evolving technological landscape.

Confetti

Seed Round in 2015
Confetti Games, a sister company to Confetti Interactive, Inc., focuses on bringing back the classic games we used to love, with better graphics and advanced programming.

Mali junaki

Seed Round in 2015
Mali junaki are personalized books for children and currently operate in Slovenia.

Strawberry energy

Seed Round in 2015
Strawberry energy develops smart green urban devices in order to improve our everyday lives in cities. Their Strawberry Tree, a solar standalone device and a smart city platform, provides 16 built in cables for free mobile phone charging, WiFi internet, local information, environmental sensing and a place to hang out in a city. It is a connected outdoor device and social hub in the public places in the city, where people gather and socialize. As a smart city platform, it can include new features and will further grow in more directions, to make people’s lives in cities even better. So far they installed Strawberry Tree in 9 different cities in Europe and had more than 351,000 users. They bring IoT to outdoor public spaces that people visit daily, to improve urban living by making cities smarter and more convenient for people. Their goal is to transform urban places, providing people power, connectivity and real time local data in every corner of cities across the world.

Pivoteka

Seed Round in 2015
Pivoteka a start-up in distribution and marketing of craft beer.

MBrainTrain

Convertible Note in 2015
mBrainTrain d.o.o. is engaged in developing a mobile wearable device for recording and analyzing electrical brain activity. The company offers Smarting, a system that allows users to control their own brain signals during an entertaining training program to improve general brain fitness; and Smarting Android application that enables users to observe electroencephalography signals during recording process. Its Smarting product is used for brain monitoring, brain computer interfaces, neuromarketing studies, serious gaming, neurorehabilitation, and various social and other studies. The company is based in Belgrade, Serbia.

Join The Players

Seed Round in 2015
Join The Players is a technology company focused on enhancing the sports experience by providing automated video coverage, highlights, and statistics for mini-football games. By leveraging innovative technology, the company aims to deliver real-time insights and engaging content, making it easier for players and fans to connect with the sport. This approach not only elevates the enjoyment of mini-football but also promotes the growth of the game by making it more accessible and appealing to a wider audience.

Equilibrium

Convertible Note in 2015
Equilibrium is a Enterprise architecture tool and services.

BusinesSoft

Seed Round in 2015
BusinesSoft is one of the first software companies in Bulgaria. Their business exists since 1991. Their main focus is development, implementation and support of business management software. They do business through two companies: BusinesSoft LTD sells and supports WorkFlow and HRManager, BusinessSoft Systems JSCo sells and supports WorkStream, BusinesSoft Building и BusinesSoft Building.Cloud. Their HQ is in Sofia. They have representatives in all major cities in Bulgaria. The list of representatives is in Contacts section. They have more than 4000 clients. They are from small companies to big corporates and state institutions.

Dronamics

Convertible Note in 2015
Dronamics is a developer of advanced unmanned aerial systems aimed at transforming airfreight logistics. By creating a new type of small, unmanned cargo airplane that is highly fuel-efficient, Dronamics aims to democratize shipping in emerging markets. The aircraft can transport payloads of 350 kilograms over distances of 2,500 kilometers at costs significantly lower than traditional air transport, reducing shipping expenses by over 50%. Designed for autonomous flight, the aircraft can be remotely monitored and managed via satellite, making it suitable for challenging delivery scenarios, including remote and mountainous regions. As the first and only Strategic Partner for drones recognized by IATA, Dronamics is positioned to make a substantial impact in the commercial logistics sector.

Findy

Seed Round in 2015
Findy is all about sending the lost and found process into oblivion. Smart tech is ubiquitous in all aspects of life, and yet, when it comes to protecting your valuables, friends, pets, families they hardly venture to go beyond the obvious channels, created by formal organisation and habits that go way back before modern society was created. They are a small team of IT professionals, engineers, designers and general enthusiasts in leading an absent-minded way of life (strictly for the purpose of testing their products, of course). Their team of founders gained its experience in the tracking business by helping insurance companies find stolen vehicles and then they decided to be a little less corporate and a lot more fun. Yes, they tried tripping over an ethernet cable, but that did not last - they sensed that they have a mission. Expect their products to last longer and deliver better accuracy simply because they are not so much about the money, but about the process of technical perfection - if they are to help their human race outsource part of the functions of the brain to technology, then they need to respect the thousands of years of evolution that has made us what they are now.

U:Plug

Convertible Note in 2015
U:Plug manufactures and distributes socket chargers for its clients. U:Plug features smart charging, USB charging, power stands, and power lighting. U:Plug was founded in 2014 and is based in Sofia.

Budo Finder

Seed Round in 2015
Budo Finder is a community marketplace for martial arts. We are focused on building the most vibrant martial arts community. Budo Finder is pioneering a new social experience at the intersection of martial arts, technology, and commerce. We are revolutionizing the world of traditional martial arts by providing a new way to discover people, places, events, and suppliers. We would like to help the martial arts community to come closer and have a common place for sharing experiences.

Althemy

Convertible Note in 2015
Althemy is a Marketplace and Community for Alternative subcultures and lifestyles. Althemy enables members of alternative subcultures to easily build their online identity, promote their work, gain recognition among like-minded individuals and get highly targeted visitors on their websites, interested exactly in what they have to offer.

Enhancv

Convertible Note in 2015
Enhancv Ltd. is a human resources company based in Sofia, Bulgaria, that operates a web-based platform designed to assist job applicants in creating compelling resumes. Founded in 2014, Enhancv provides tools that guide users through the resume-building process, enabling them to effectively highlight their achievements, personality, and professional attributes. The platform aims to transform traditional resumes into impactful tools that help applicants stand out in competitive job markets and successfully navigate various stages of the hiring process.

Easymatic

Convertible Note in 2015
Easymatic is a technology company that specializes in developing lightweight industrial software development tools for automation applications. Their primary offering is Incontrol Studio®, a high-level visual programming tool designed to simplify the software development process for technical teams. Easymatic aims to enhance the capabilities of engineers by providing comprehensive expertise and coaching programs that cover all aspects of application development on their platform. Additionally, the company employs a unique approach to integration known as the "open solution," which facilitates seamless connectivity across various industrial domains. By focusing on user-friendly tools and extensive support, Easymatic enables engineers to efficiently create and implement industrial control software tailored to specific automation needs.

eMunicipality

Convertible Note in 2015
eMunicipality's goal is to help local governments reach a connected presence online. With Kratos's eMunicipality SaaS solution public administrations can deliver improved public services at a significantly lower cost; integrate dozens of citizen services into one cohesive system, and reduce spending on IT infrastructure by leveraging a scalable and secure cloud.

CourseDot

Seed Round in 2015
CourseDot operates as an online marketplace specializing in IT training courses. The platform connects learners with a diverse range of educational resources aimed at enhancing skills in information technology. By offering a variety of courses, CourseDot caters to the growing demand for tech education, making it accessible for individuals seeking to advance their knowledge and career opportunities in the IT sector. Through its user-friendly interface, CourseDot facilitates the exploration and enrollment in courses that meet the specific needs of learners, reflecting the increasing importance of continuous education in a rapidly evolving technological landscape.

Playground Energy

Convertible Note in 2015
Playground energy is developing ideas which are making outdoor games more fun, educational and functional. Our main focus is to utilize the energy created at outdoor playgrounds and to use it for interactive motivation of the kids without sacrificing the gaming experience.

MClimate

Seed Round in 2015
MClimate is an IoT company based in Sofia, Bulgaria, specializing in the design and development of affordable, universally compatible smart home and building automation solutions. Founded in 2015, the company focuses on enhancing comfort, security, and energy efficiency through its diverse product portfolio, which includes A/C controllers, water heater controllers, radiator controllers, smart outlets, and various detection devices for motion, water leakage, and window/door status. MClimate aims to make home automation accessible to all, emphasizing the importance of digital, connected, and low carbon footprint solutions. The company has successfully implemented numerous projects in Smart City and Smart Building initiatives worldwide, utilizing advanced technologies such as LoRaWAN to retrofit traditional appliances and enable remote monitoring and control via a dedicated app.

Bincode

Seed Round in 2015
Bincode is a software company based in Belgrade, Serbia, specializing in the development of mobile applications for various platforms, including Android, iOS, Windows, and Blackberry. With a focus on mobile app innovation, Bincode offers a range of solutions aimed at transforming creative ideas into functional applications. In addition to mobile application development, the company also operates in the gaming sector, designing and producing short session role-playing games that cater to users seeking quick, engaging experiences. By providing accessible gaming options, Bincode enables players to enjoy recreational activities without the commitment of longer gaming sessions. Through its expertise and passion for both mobile applications and gaming, Bincode aims to deliver enjoyable and efficient experiences for its users.

Biottery

Seed Round in 2015
BIOTTERY is an organic energy drink. We are a start-up. We keep it simple. We are runners, climbers, hikers & we like it healthy.

MAXCART

Seed Round in 2015
MAXCART is an innovative platform, you can easily imagine and develop your online business. MAXCART - Everything for your successful business in one place. A control system for your site to system management and customer inquiries, online shop and many payment methods, blogging and integration with social networks, mobile applications and practical and useful hardware and software solutions.

Phantom LogIn

Seed Round in 2015
They created security software, which is impossible to be compromised by the available modern technologies. It is a phantom password system that no one can see and once applied, users never need to hide it again. It is not vulnerable to camera and keylogger, because users never enter their real code. The users Log In screen always looks different and they select different buttons each time they Log On, which only represent their actual password.

Filement

Seed Round in 2015
Filement provides secure direct access to your data, exactly where it lives.

Appzio

Seed Round in 2015
Appzio Ltd. builds digital publishing tools for content publishers. It offers an intuitive builder platform that empowers content creators to publish native mobile applications without coding. The company also offers a ready-made cooking application that helps media, agencies, and food-related companies to inspire, engage, and monetize their target audience. Appzio Ltd. was founded in 2014 and is based in Sofia, Bulgaria.

Artery Team

Seed Round in 2015
They put the spotlight on your Etsy shop to make your art and craft shine in a crowded global marketplace. Their software and expertise help us keep your brand ahead of competition, resellers and big marketing teams. Targeted visitors flock to your Etsy shop as they monitor most successful tags for you and optimize listings in real time. Your items will finally get those stellar descriptions written by professional copywriters and your prices will finally capture the true value of items as they monitor all pricing in your category. They ensure maximum satisfaction of your customers as they talk to them continuously during their engagement with your brand.

traincamp.me

Convertible Note in 2015
TrainCamp.me is an online educational platform designed to support individuals involved in coding, design, and digital marketing. Founded in 2014 and based in Bulgaria, the platform offers users access to a wide array of learning resources, including web courses, events, tutorials, books, and podcasts. Utilizing advanced algorithms, TrainCamp.me curates and recommends the most relevant educational content tailored to users' specific needs. This approach combines community insights and artificial intelligence to simplify the learning process for those navigating the complexities of the digital landscape.

Farmia

Seed Round in 2015
Farmia is online livestock marketplace that helps farmers to offer their animals to a wider circle of potential buyers and to do that in best moment to achieve maximum profit and provide buyers faster cheaper and easier way to find appropriate animals for their needs. Farmia is the fastest growing livestock marketplace in the world. We are No.1 online livestock marketplace in the world with operations in US, Germany, Serbia, Croatia, Bosnia, Montenegro and Macedonia. Our user base count more than 80.000 farmers who actively trade through our platform. Up to now we sold more than 200.000 animals through 15000+ transactions which value is more than 25M+ Euro.

Enso.fm

Seed Round in 2015
Enso is a mobile app that fixes the music discovery process by turning it into a treasure hunt game. Enso is free, fun, and effective. Enso is how people should discover new music. Every time you start Enso you immediately get thirty second previews of songs and their cover art. - Swipe right the songs you love to add them to your music collection. - Swipe left the songs you hate and never see them again. - Swipe up to share your great finds with the world. - Swipe down to dig into a different category. - Hold over a song for YouTube videos and more. - Listen to full songs of your music collection with Spotify Premium. - Store your music collection with Spotify free.

GymRealm

Seed Round in 2015
GymRealm develops software for the sport and wellness industry. It also offers sport pass cards. The company was founded in 2011 and is based in Sofia, Bulgaria.

Book A Boat

Convertible Note in 2015
Islands are sexy! Seriously, islands are amazing! Book A Boat is connection between people and beautiful islands and places.

EuroPATC

Seed Round in 2015
EuroPATC is a new startup company established in June 2015. Their mission is to help parents and guardians of children (people) with autism to overcome one of their biggest fears - a fear of a lost child - a fear that their loved one is left without the necessary help in times when it is crucial. Their product is a tracking device that integrates advanced cutting-edge technology with only one purpose, uncompromisingly child safety. The device has been designed in the form of wearable. The service that we provide to users will be one-of-its-kind, carefully designed for children (people) with autism. Their vision, like our mission, is to bring reliable solution and to help parents to OUTRUN THEIR WORST FEAR!

Baker Street

Seed Round in 2015
Production and delivery of bread and desserts that are tasty.