Gapminder VC

Gapminder Venture Partners BV is a venture capital firm established in 2017 and headquartered in Romania, focusing on early-stage investments in Pre-Seed, Seed, and Series A rounds. The firm targets innovative startups in sectors such as IT software and services, SaaS, machine learning, artificial intelligence, cybersecurity, digital transformation, healthcare IT, and fintech. Gapminder primarily invests in Romania and other countries in Eastern and Central Europe, aiming to support disruptive innovations that generate positive societal impacts. The firm leverages its team's background and experience to create value within the region, emphasizing a commitment to fostering bold initiatives that push boundaries in technology and business.

Cristian Dascalu

Partner

Robert Herscovici

Investment Director

Dan Mihaescu

Founding Partner

Cosmin Ochisor

Partner

Sergiu Rosca

Founding Partner

Alexandru Ruff

Partner

Past deals in CEMEA

Synaptiq.io

Venture Round in 2023
Synaptiq.io is a developer of a technology platform that provides solutions for improving the quality of medical services. The company's platform provides deep learning pipelines to aid in the diagnosis, and workflow integration via telemedicine apps to facilitate the curative process, expertise, and flexibility to develop software tailored to clients' needs, personalized analytics, rigorous testing, and standard medical analytics.

Cyscale

Seed Round in 2022
Cyscale Systems SRL is a software company based in Cluj-Napoca, Romania, specializing in cyber security and cloud management solutions. Founded in 2018, Cyscale develops tools that facilitate secure design and deployment of cloud infrastructure across various platforms, including AWS, Azure, Google Cloud, OpenStack, VMware, IBM Cloud, Oracle Cloud, and Alibaba Cloud. The company's offerings support multi-cloud environments and emphasize continuous regulatory compliance and cost transparency, aiming to simplify cloud security for both individuals and professionals. Through its automated solutions, Cyscale seeks to enhance the security of cloud infrastructures, contributing to a safer digital environment.

DRUID

Series A in 2022
DRUID operates an AI-powered chatbot authoring platform designed for enterprises, enabling developers and business users to create, configure, and deploy chatbots that facilitate natural interactions through omnichannel text and voice conversations. The platform features a proprietary natural language understanding engine that identifies user intents, sentiment, and system entities, along with a Connector Designer that integrates seamlessly with various enterprise applications. DRUID provides ready-made chatbots to automate a wide range of processes and supports deployments in on-premise, cloud, and hybrid environments. Serving diverse industries such as sales, banking, insurance, healthcare, human resources, and customer service, DRUID was founded in 2018 and is headquartered in Bucharest, Romania.

XVision

Seed Round in 2022
XVision is an automated x-ray analysis application that assists radiologists by providing accurate interpretations of medical images

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.

FintechOS

Series B in 2021
FintechOS SRL, founded in 2017 and headquartered in Bucharest, Romania, specializes in providing an artificial intelligence-driven platform for financial institutions. The company offers a comprehensive suite of applications designed to facilitate digital transformation, including tools for customer engagement, product development, identity management, and document handling. Its platform is characterized by an open-cloud architecture that supports seamless integration and multi-channel interaction. Additionally, FintechOS provides educational resources through FintechOS Academy, focusing on e-learning and inquiry-based teaching methods. By leveraging advanced technologies, FintechOS aims to enhance the customer experience for banking and insurance sectors globally, offering a competitive edge in operational efficiency.

Finqware

Seed Round in 2021
Finqware is a technology company based in Bucharest, Romania, that develops an interface aggregation platform aimed at connecting businesses, fintechs, and financial service providers. Its product is an API middleware platform that serves as a single point of contact for accessing real-time multi-banking financial data. By leveraging PSD2 APIs from banks and custom data exposure APIs, Finqware enriches financial data and provides it to various tenants, allowing them to build frontend applications and services. This infrastructure enables organizations to enhance user onboarding for financial products, facilitate access to bank accounts, and initiate payments. Additionally, Finqware contributes to cross-border financial marketplaces by creating new revenue streams through commissions on financial product sales, thereby expanding the distribution reach of banks and financial providers.

DRUID

Series A in 2021
DRUID operates an AI-powered chatbot authoring platform designed for enterprises, enabling developers and business users to create, configure, and deploy chatbots that facilitate natural interactions through omnichannel text and voice conversations. The platform features a proprietary natural language understanding engine that identifies user intents, sentiment, and system entities, along with a Connector Designer that integrates seamlessly with various enterprise applications. DRUID provides ready-made chatbots to automate a wide range of processes and supports deployments in on-premise, cloud, and hybrid environments. Serving diverse industries such as sales, banking, insurance, healthcare, human resources, and customer service, DRUID was founded in 2018 and is headquartered in Bucharest, Romania.

Apiary Book

Seed Round in 2020
Apiary Book is a Romanian company that develops a mobile application designed for the management of apiaries. This application enables beekeepers, particularly beginners and hobbyists, to record vital information about their bee colonies, such as the number, health, and maintenance of each family of bees, as well as treatments administered and other operational details. By providing a comprehensive platform for data collection and analysis, Apiary Book helps beekeepers make informed decisions that enhance productivity and reduce losses due to pests, diseases, and pesticides. The company's mission aligns with the broader goal of protecting bee populations, positioning beekeepers as essential players in environmental conservation efforts.

Veridion

Seed Round in 2020
Search engine for businesses and business data

Cyscale

Pre Seed Round in 2020
Cyscale Systems SRL is a software company based in Cluj-Napoca, Romania, specializing in cyber security and cloud management solutions. Founded in 2018, Cyscale develops tools that facilitate secure design and deployment of cloud infrastructure across various platforms, including AWS, Azure, Google Cloud, OpenStack, VMware, IBM Cloud, Oracle Cloud, and Alibaba Cloud. The company's offerings support multi-cloud environments and emphasize continuous regulatory compliance and cost transparency, aiming to simplify cloud security for both individuals and professionals. Through its automated solutions, Cyscale seeks to enhance the security of cloud infrastructures, contributing to a safer digital environment.

SecurifAI

Private Equity Round in 2020
SecurifAI develop AI systems for real-time video analysis in order to detect suspect behavior, potential attacks, and deliver timely alerts.

Innoship

Seed Round in 2020
Deliver quality shipping, keep costs down! Sometimes to go the extra mile for your customers, what’s missing is a great partner. Innoship is the advanced multi-carrier shipping software your retail business needs. With state-of-the-art algorithms developed and driven by dedicated, experienced people, Innoship keeps your costs down while increasing the quality of your shipping service. From checkout and shipping to tracking, returns and analytics, Innoship helps your safely deliver on promises made to your customers. Effortless integration, hassle-free delivery • A simple, one-time integration with the Innoship app gets retailers access to any carrier, local or international; • External markets become readily available with seamless connections to thousands of carriers worldwide.

XVision

Seed Round in 2020
XVision is an automated x-ray analysis application that assists radiologists by providing accurate interpretations of medical images

Cyscale

Convertible Note in 2020
Cyscale Systems SRL is a software company based in Cluj-Napoca, Romania, specializing in cyber security and cloud management solutions. Founded in 2018, Cyscale develops tools that facilitate secure design and deployment of cloud infrastructure across various platforms, including AWS, Azure, Google Cloud, OpenStack, VMware, IBM Cloud, Oracle Cloud, and Alibaba Cloud. The company's offerings support multi-cloud environments and emphasize continuous regulatory compliance and cost transparency, aiming to simplify cloud security for both individuals and professionals. Through its automated solutions, Cyscale seeks to enhance the security of cloud infrastructures, contributing to a safer digital environment.

Ialoc

Pre Seed Round in 2020
IALOC SRL develops software that enables to manage online bookings and business phone calls. The company was incorporated in 2017 and is based in Bucharest, Romania.

TypingDNA

Series A in 2020
TypingDNA, Inc. is a company specializing in typing biometrics authentication solutions, enabling secure user identification based on individual typing patterns. Founded in 2016 and headquartered in Brooklyn, New York, with additional operations in Oradea and Bucharest, Romania, TypingDNA offers a range of services aimed at enhancing security for various sectors, including financial services and education. Its key products include an Authentication API that verifies keystroke patterns against previously recorded data, as well as Continuous Authentication, which monitors typing dynamics to ensure ongoing user verification. The company's technology facilitates both two-factor and multi-factor authentication, providing a frictionless experience for users while effectively preventing fraud. TypingDNA’s innovative approach allows organizations to secure their applications, eLearning platforms, and payment systems without compromising user experience.

Medicai

Venture Round in 2019
Medicai, the technology startup that aims to change the way multidisciplinary medical teams collaborate with their patients through an online platform.

FintechOS

Series A in 2019
FintechOS SRL, founded in 2017 and headquartered in Bucharest, Romania, specializes in providing an artificial intelligence-driven platform for financial institutions. The company offers a comprehensive suite of applications designed to facilitate digital transformation, including tools for customer engagement, product development, identity management, and document handling. Its platform is characterized by an open-cloud architecture that supports seamless integration and multi-channel interaction. Additionally, FintechOS provides educational resources through FintechOS Academy, focusing on e-learning and inquiry-based teaching methods. By leveraging advanced technologies, FintechOS aims to enhance the customer experience for banking and insurance sectors globally, offering a competitive edge in operational efficiency.

Beez

Seed Round in 2019
BEEZ SOFTWARE SRL operates a portal that assists users to get money back on online purchases. It enables users to set this earning in a separate savings account which can be used to make future purchases. The company was incorporated in 2018 and is based in Alba Iulia, Romania with an additional office in Cluj-Napoca, Romania.

Frisbo

Venture Round in 2019
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.

Cyscale

Pre Seed Round in 2019
Cyscale Systems SRL is a software company based in Cluj-Napoca, Romania, specializing in cyber security and cloud management solutions. Founded in 2018, Cyscale develops tools that facilitate secure design and deployment of cloud infrastructure across various platforms, including AWS, Azure, Google Cloud, OpenStack, VMware, IBM Cloud, Oracle Cloud, and Alibaba Cloud. The company's offerings support multi-cloud environments and emphasize continuous regulatory compliance and cost transparency, aiming to simplify cloud security for both individuals and professionals. Through its automated solutions, Cyscale seeks to enhance the security of cloud infrastructures, contributing to a safer digital environment.

MEDIJobs

Seed Round in 2019
MEDIjobs is the fastest growing career marketplace for healthcare professionals. Our mission is to positively impact healthcare industry as a whole by helping doctors and nurses navigate through their careers successfully. We are experts at building digital communities for healthcare professionals and we help them develop professionally through career resources, access to medical events or by matching them with relevant employers who are interested in hiring them. We work with 150+ active customers from EU and US and our offices are in Bucharest, ROMANIA & New York City, NY.

Finqware

Pre Seed Round in 2019
Finqware is a technology company based in Bucharest, Romania, that develops an interface aggregation platform aimed at connecting businesses, fintechs, and financial service providers. Its product is an API middleware platform that serves as a single point of contact for accessing real-time multi-banking financial data. By leveraging PSD2 APIs from banks and custom data exposure APIs, Finqware enriches financial data and provides it to various tenants, allowing them to build frontend applications and services. This infrastructure enables organizations to enhance user onboarding for financial products, facilitate access to bank accounts, and initiate payments. Additionally, Finqware contributes to cross-border financial marketplaces by creating new revenue streams through commissions on financial product sales, thereby expanding the distribution reach of banks and financial providers.

feexers

Pre Seed Round in 2019
Feexers is a mobile app that enables homeowners to outsource their daily tasks to skilled Pros. It allows people with a smartphone to post a job request. The app then automatically sends job request notifications to all registered Pros. Pros have the option to bid for that Job. Upon receiving offers, the homeowner can choose a pro to complete the task based on price, rating, experience and review system. All payments between users requesting a task and pros performing a task are securely managed by Feexers and a 3rd party Payment processor, 100% through the application.

Confidas

Seed Round in 2019
Confidas helps SMEs get paid on time by providing credit risk data

Beez

Seed Round in 2019
BEEZ SOFTWARE SRL operates a portal that assists users to get money back on online purchases. It enables users to set this earning in a separate savings account which can be used to make future purchases. The company was incorporated in 2018 and is based in Alba Iulia, Romania with an additional office in Cluj-Napoca, Romania.

Confidas

Seed Round in 2019
Confidas helps SMEs get paid on time by providing credit risk data

XVision

Pre Seed Round in 2019
XVision is an automated x-ray analysis application that assists radiologists by providing accurate interpretations of medical images

FintechOS

Seed Round in 2019
FintechOS SRL, founded in 2017 and headquartered in Bucharest, Romania, specializes in providing an artificial intelligence-driven platform for financial institutions. The company offers a comprehensive suite of applications designed to facilitate digital transformation, including tools for customer engagement, product development, identity management, and document handling. Its platform is characterized by an open-cloud architecture that supports seamless integration and multi-channel interaction. Additionally, FintechOS provides educational resources through FintechOS Academy, focusing on e-learning and inquiry-based teaching methods. By leveraging advanced technologies, FintechOS aims to enhance the customer experience for banking and insurance sectors globally, offering a competitive edge in operational efficiency.

Ialoc

Pre Seed Round in 2019
IALOC SRL develops software that enables to manage online bookings and business phone calls. The company was incorporated in 2017 and is based in Bucharest, Romania.

Beez

Pre Seed Round in 2018
BEEZ SOFTWARE SRL operates a portal that assists users to get money back on online purchases. It enables users to set this earning in a separate savings account which can be used to make future purchases. The company was incorporated in 2018 and is based in Alba Iulia, Romania with an additional office in Cluj-Napoca, Romania.

FintechOS

Seed Round in 2018
FintechOS SRL, founded in 2017 and headquartered in Bucharest, Romania, specializes in providing an artificial intelligence-driven platform for financial institutions. The company offers a comprehensive suite of applications designed to facilitate digital transformation, including tools for customer engagement, product development, identity management, and document handling. Its platform is characterized by an open-cloud architecture that supports seamless integration and multi-channel interaction. Additionally, FintechOS provides educational resources through FintechOS Academy, focusing on e-learning and inquiry-based teaching methods. By leveraging advanced technologies, FintechOS aims to enhance the customer experience for banking and insurance sectors globally, offering a competitive edge in operational efficiency.

SmartDreamers

Venture Round in 2018
SmartDreamers is a business application platform focused on recruitment marketing automation, serving as a central solution for companies seeking to enhance their hiring processes. By leveraging its technology, SmartDreamers helps organizations position themselves as employers of choice, enabling them to attract talent more effectively and efficiently. The platform facilitates connections between professionals and employers, streamlining the recruitment process and aiming to improve the speed, quality, and cost-effectiveness of hiring.

Apiary Book

Pre Seed Round in 2018
Apiary Book is a Romanian company that develops a mobile application designed for the management of apiaries. This application enables beekeepers, particularly beginners and hobbyists, to record vital information about their bee colonies, such as the number, health, and maintenance of each family of bees, as well as treatments administered and other operational details. By providing a comprehensive platform for data collection and analysis, Apiary Book helps beekeepers make informed decisions that enhance productivity and reduce losses due to pests, diseases, and pesticides. The company's mission aligns with the broader goal of protecting bee populations, positioning beekeepers as essential players in environmental conservation efforts.