Elevator Ventures

Elevator Ventures is the corporate venture capital arm of Raiffeisen Bank International, based in Vienna, Austria. Established in 2018, the firm specializes in early-stage and growth investments in fintech and related technologies within Central and Eastern Europe. Elevator Ventures aims to serve as a leading growth partner for fintech companies in the region, leveraging the extensive expertise, network, and corporate strength of the Raiffeisen Bank International Group. By focusing on innovative solutions and scalable business models, Elevator Ventures supports promising startups in their expansion efforts across the dynamic CEE market and beyond.

Suleiman Arabiat

Investment Manager

Suleiman Arabiat

Principal

Yuliya Kvetko

Associate

Annalisa Mortellaro

Analyst

Thomas Muchar

Managing Director

Thomas Muchar

Managing Director

Ariel Rosenberg

Analyst

Maximilian Schausberger

Managing Director

Nikolas Skalik

Analyst

Noémi Szabó

Associate

24 past transactions

Blockpit

Venture Round in 2025
Blockpit is a technology company specializing in cryptocurrency tax reporting and portfolio monitoring. Its cross-platform solution automatically records and documents all trading activities, providing users with clear logs of income sources and daily trade documentation. The platform calculates real-time tax liabilities and generates legally compliant reports, assisting both private traders and businesses in managing their crypto-related taxes efficiently.

Wultra

Seed Round in 2025
Wultra is a provider of security software solutions specifically designed for financial institutions, including banks and fintech companies. The company specializes in post-quantum authentication technologies that ensure secure and seamless access to digital services. Wultra's offerings include open-source transaction signing technology, which employs NIST-endorsed quantum-resistant cryptography to enhance the security of authentication and authorization processes. This developer-friendly technology enables clients to swiftly deploy solutions within an eight-week timeframe while ensuring compliance with global regulations such as PSD3/PSR1 and eIDAS 2.0. Wultra's innovations are trusted by financial institutions worldwide, delivering robust protection against evolving cyber threats and malware attacks.

Klim

Series A in 2024
Klim enables farmers to transition to regenerative agriculture at scale by providing them financial support, knowledge, documentation tools, and a community via our digital companion for farmers. Klim-verified carbon removal credits, generated by Klim farmers, help companies to transition to net zero by offsetting their carbon emissions locally and with maximum impact and transparency.

goUrban

Funding Round in 2024
goUrban is a developer of innovative transportation solutions that focuses on enhancing the mobility landscape through electric vehicle rental services. The company offers a range of fully electric scooters and other mobility options, designed to be compact and easily parked, thus increasing fleet availability for shared mobility operators. By streamlining operations and optimizing resource management, goUrban aims to reduce operational costs while delivering superior customer experiences. Their services promote sustainability by minimizing CO2 emissions and optimizing the use of parking spaces, making them a safe and convenient transportation choice for users.

SESAMm

Series B in 2023
SESAMm is a fintech company that focuses on harnessing big data and artificial intelligence to enhance investment strategies. The company utilizes advanced natural language processing and machine learning techniques to analyze vast amounts of web articles and communications, generating analytics and investment signals. SESAMm offers two primary platforms: TextReveal, which specializes in text analysis, and SignalReveal, a quantitative data science platform that supports the entire alpha research process. With a team of approximately 90 professionals located in major financial hubs including Paris, New York, Tokyo, and London, SESAMm collaborates with prominent hedge funds, banks, and asset management firms globally. The company's mission is to provide insights that facilitate sustainable and responsible investment decisions, assisting clients in effective asset management across both fundamental and quantitative applications.

Bob W

Series A in 2022
Bob W is a provider of short-stay accommodation services that offers an alternative to traditional hotels. The company operates a managed marketplace of serviced apartments that combine the quality standards and amenities of a lifestyle hotel with the authenticity and functionality of a home. Each apartment is locally designed, work-friendly, and equipped with hotel linens and professional cleaning services. Additionally, the accommodations feature fully equipped kitchens, access to local gyms, and curated breakfast options. This approach allows travelers to easily find and enjoy short-stay accommodations tailored to their needs while ensuring a high standard of service and ecological mindfulness.

vestr

Venture Round in 2022
Vestr is a technology company that specializes in providing a comprehensive software-as-a-service platform designed for the management of actively managed investment products. The company focuses on digitizing the entire value chain of active management, offering tools that facilitate portfolio management, order execution, and performance reporting. By streamlining these processes, Vestr enables issuers and portfolio managers to concentrate on their core competencies while efficiently managing their portfolios. The platform addresses the complexities of active management, allowing clients to make informed investment decisions and mitigate risk without issuing its own structured products.

Autenti

Series B in 2022
Autenti is a digital platform that specializes in document authorization and contracting, streamlining the signing process for various agreements. The platform enables users to send documents using electronic identification, delivery, and signatures, which culminate in a certificate that generates payment links. This innovative approach eliminates the need for traditional courier services, allowing clients to securely authenticate and sign documents and transactions online. By enhancing efficiency and reducing reliance on physical processes, Autenti supports businesses in modernizing their document management practices.

goUrban

Seed Round in 2022
goUrban is a developer of innovative transportation solutions that focuses on enhancing the mobility landscape through electric vehicle rental services. The company offers a range of fully electric scooters and other mobility options, designed to be compact and easily parked, thus increasing fleet availability for shared mobility operators. By streamlining operations and optimizing resource management, goUrban aims to reduce operational costs while delivering superior customer experiences. Their services promote sustainability by minimizing CO2 emissions and optimizing the use of parking spaces, making them a safe and convenient transportation choice for users.

Elucidate

Seed Round in 2022
Elucidate GmbH, founded in 2019 and based in Berlin, Germany, specializes in developing a financial crime risk management platform. The company's platform, Elucidate FinCrime Index (EFI), employs probabilistic modeling and machine learning to assess and manage financial crime risks for financial institutions. By providing ratings and data analysis, Elucidate helps businesses grow and promote lawful behavior, fostering a fairer and more transparent system. The platform enables seamless collaboration between front and back office teams, enhancing customer service and reducing risk through comprehensive data analysis and continuous monitoring of risk exposure.

byrd

Series C in 2022
Byrd is a logistics company that operates a fulfillment network designed to connect online merchants with an international warehouse system. This enables retailers to provide advanced shipping options globally without the need to establish their own logistics infrastructure. The company’s platform seamlessly integrates with major e-commerce systems, allowing retailers to enhance their service offerings and improve customer proximity. Byrd's technology-driven solution facilitates real-time stock tracking and first-mile shipping services, including item pick-up and packaging, accessible via a mobile application. This comprehensive approach aims to support both private and business customers in efficiently managing their shipping needs.

CloudCart

Series A in 2021
CloudCart Ltd, based in Beverly Hills, California, specializes in developing eCommerce software designed to assist small to medium-sized businesses in establishing and managing online stores. The platform enables users to create and launch their online stores quickly, offering a comprehensive suite of tools that includes SEO-optimized templates, advanced reporting, and integrated marketing features. CloudCart's solution emphasizes mobile optimization and social media integration, allowing businesses to effectively reach their target audiences and enhance visibility. Additionally, it provides secure hosting, simple order processing, and 24/7 support, ensuring that users have the resources they need for successful online operations. With intelligent features and regular updates, CloudCart aims to empower businesses to thrive in the competitive eCommerce landscape.

Tarfin

Series A in 2021
Tarfin is a digital agricultural platform that aims to enhance the financial accessibility of farmers and retailers in Europe. Utilizing advanced technology and data science, the company offers a fintech lending solution that provides competitive credit terms for agricultural inputs. Its platform employs big data analytics and machine learning to compare prices of essential farm products, including fertilizers, seeds, medicines, equipment, and feed. By showcasing low-cost alternatives and various payment schemes, Tarfin empowers farmers to acquire necessary inputs at more affordable prices, thereby supporting their operational efficiency and financial sustainability.

Agro.Club

Series A in 2021
Agro.Club is a full-stack B2B global marketplace focused on the agricultural sector, operating primarily in Europe, South America, and North America. The company aims to enhance the efficiency and sustainability of the food supply chain by leveraging technology to connect various stakeholders in the agriculture value chain. With a user base exceeding 40,000 farmers and thousands of grain companies, Agro.Club employs advanced analytics and algorithms to ensure transparency in the market and to rapidly match supply with demand. Its custom-built platform facilitates the entire transaction process, including quality control, KYC compliance, logistics, and financing, making it a unique player in the global grain marketplace. Agro.Club is already operationally profitable, reflecting its effective approach to addressing the complexities of the agricultural supply chain.

Finqware

Seed Round in 2021
Finqware is a technology company based in Bucharest, Romania, that specializes in developing a middleware platform designed to connect businesses, fintech companies, and financial service providers. The company offers a single point of contact through its application programming interface (API), enabling organizations to access real-time multi-banking financial data. By leveraging PSD2 APIs and other custom data sources, Finqware enhances the input data and enriches it within its infrastructure. This allows tenants to build frontend applications and services that generate value, such as digital wallets and online e-commerce solutions. Additionally, Finqware supports the digitalization of sales processes for financial providers, helping them to increase customer acquisition and expand their distribution through new revenue streams from commissions on financial product sales.

Twisto

Series C in 2021
Twisto is a mobile payment application that offers a streamlined solution for online transactions. It allows users to make purchases with a single click through a connected Mastercard and supports Apple Pay. The app enables customers to manage their bills and invoices by taking photos of them, facilitating deferred payments and instant checkouts. Users can also utilize a virtual card or a payment bracelet for transactions, providing flexibility for payments at various locations. Additionally, Twisto ensures competitive exchange rates for international payments. The platform aggregates all transactions in an organized mobile interface, allowing users to settle their payments collectively at the end of each month.

Pisano

Venture Round in 2020
Pisano is an all-in-one Experience Management platform that enhances businesses by integrating Voice of Customer and Voice of Employee programs. It offers detailed reporting and advanced analytics, empowering organizations to effectively listen to and understand the needs of their customers and employees. The platform enables the collection of omnichannel feedback and facilitates mechanisms to close the loop on this feedback, ensuring that organizations can respond promptly to client needs. By tracking customer experience metrics, Pisano allows users to make informed, feedback-driven decisions while establishing effective communication channels with stakeholders.

Tarfin

Series A in 2020
Tarfin is a digital agricultural platform that aims to enhance the financial accessibility of farmers and retailers in Europe. Utilizing advanced technology and data science, the company offers a fintech lending solution that provides competitive credit terms for agricultural inputs. Its platform employs big data analytics and machine learning to compare prices of essential farm products, including fertilizers, seeds, medicines, equipment, and feed. By showcasing low-cost alternatives and various payment schemes, Tarfin empowers farmers to acquire necessary inputs at more affordable prices, thereby supporting their operational efficiency and financial sustainability.

Agro.Club

Seed Round in 2020
Agro.Club is a full-stack B2B global marketplace focused on the agricultural sector, operating primarily in Europe, South America, and North America. The company aims to enhance the efficiency and sustainability of the food supply chain by leveraging technology to connect various stakeholders in the agriculture value chain. With a user base exceeding 40,000 farmers and thousands of grain companies, Agro.Club employs advanced analytics and algorithms to ensure transparency in the market and to rapidly match supply with demand. Its custom-built platform facilitates the entire transaction process, including quality control, KYC compliance, logistics, and financing, making it a unique player in the global grain marketplace. Agro.Club is already operationally profitable, reflecting its effective approach to addressing the complexities of the agricultural supply chain.

Pisano

Venture Round in 2020
Pisano is an all-in-one Experience Management platform that enhances businesses by integrating Voice of Customer and Voice of Employee programs. It offers detailed reporting and advanced analytics, empowering organizations to effectively listen to and understand the needs of their customers and employees. The platform enables the collection of omnichannel feedback and facilitates mechanisms to close the loop on this feedback, ensuring that organizations can respond promptly to client needs. By tracking customer experience metrics, Pisano allows users to make informed, feedback-driven decisions while establishing effective communication channels with stakeholders.

FinCompare - Smarter Business Finance

Series A in 2020
FinCompare GmbH is a fintech startup based in Berlin, Germany, that provides a financing platform tailored for small and medium-sized enterprises (SMEs). Founded in October 2016 by Stephan Heller, the company enables businesses to access a wide array of financing options, including corporate loans, factoring, leasing, warehouse financing, and mezzanine capital. Through its online platform, FinCompare allows users to independently compare offers from various banks, fintechs, and alternative financial services providers, simplifying the financing process with a digital application system. This one-stop destination for financing questions empowers SMEs to make informed decisions, facilitating their ability to secure loans from reliable lenders while enhancing risk management.

Loop+

Seed Round in 2020
Loop+ is a remote rehabilitation platform focused on enhancing health management for wheelchair users. By utilizing sensor technology, the company translates clinical care plans into the home environment, fostering a continuous feedback loop between patients and healthcare providers. Its flagship product, an activity tracker tailored for wheelchair users, allows individuals who may have limited sensation in their lower limbs or difficulty communicating discomfort to visualize their bodily health. This innovative monitoring system enables the early detection and intervention of potential health risks such as pressure wounds, respiratory issues, and scoliosis. Through its platform, Loop+ equips healthcare professionals with essential data, facilitating personalized care and improving the overall wellbeing of users in their daily lives.

kompany

Venture Round in 2019
kompany is a regulatory technology platform specializing in global business verification and business KYC, offering real-time access to audit-proof, primary source, and time-stamped company information from over 150 jurisdictions. Headquartered in Vienna, Austria, with additional offices in Singapore and the UK, kompany was founded in 2012 and has since assembled a diverse team of developers, regulatory experts, and product managers. The company operates as a government-licensed clearing house and serves as an official distributor for commercial and business registers across multiple countries. Its suite of products includes an API and a shareholder identification tool known as UBO discovery, designed to help financial institutions, payment service providers, insurers, and other regulated entities automate their due diligence processes and comply with current anti-money laundering regulations.

Tembo café

Seed Round in 2018
The Tembo coffee house franchise is a mobile-commerce and social impact company. Our goal is to provide products & services that benefit the local community, through purpose-driven consumer purchases. With every purchase we donate 3% of the transaction to a community-led social project. Tembo café combines the convenience of ordering a coffee on your phone coupled with a community-led coffee shop where you can contribute to a local social cause with every single purchase.
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