Gecad Ventures

Gecad Ventures invests in start-up and expansion-phase hi-tech companies from CEE with meaningful prospects of scaling internationally, including verticals like Cybersecurity, Fintech, AI/ML, AR & VR, Transportation, IoT and Agritech. We are an early investor which provides value by building strong strategic relationships with the founding teams, while supporting them in achieving their business objectives. We invest between €1-7 million in equity and also share a wealth of resources with the objective of fast growth and a presence in international markets. Previously Gecad Group, Gecad Ventures history spans for over 20 years and includes notable exits to Microsoft, Francisco Partners, Naspers, Fitbit.

Radu Georgescu

Founding Partner

Diwaker Singh

Partner

24 past transactions

SeedBlink

Seed Round in 2020
SeedBlink.com is the equity crowdfunding platform.

Axigen

Seed Round in 2004
Axigen is an integrated email, calendaring and collaboration platform, masterfully built on our unique Linux mail server technology, for increased speed and security. The Axigen messaging platform is available in three solutions, all tailored to customer needs: - Axigen Business Messaging The full benefits of email communication & collaboration, integrated in a smart & secure solution based on a powerful mail server for business. - Axigen Service Providers Messaging Multi-tenant messaging for SPs looking to host hundreds to millions of business-level email users, based on a powerful mail server for ISP. - Axigen Free Mail Server The Axigen Free Mail Server is a great alternative to open source: it is a turnkey messaging solution with an amazing number of free email users. Currently, AXIGEN is distributed internationally by over 200 partners from 100 countries and manages email traffic for more than 11,000 companies with 6 million end-users.

FintechOS SRL

Seed Round in 2019
FintechOS SRL develops artificial intelligence enabled platform for financial institutions. The company offers technology for digital transformation on disruptive, open-cloud, Omni-channel orchestration platform. The company offers FintechOS Innovation Core applications on platform, including Digital Experience Portal, Digital Customer 360, Digital Product Factory, Digital Identity Management, Digital Robo Designer, and Digital Document Management. It also offers FintechOS Academy for e-learning methods and inquiry based teaching. FintechOS SRL was incorporated in 2017 and is headquartered in Bucharest, Romania.

OTOMED Medical Center

Seed Round in 2003
OTOMED Medical Center offers you a wide range of services to the highest degree of professionalism. In a warm and relaxed atmosphere, the experts find the most appropriate solutions regarding hearing and balance disorders, speech therapy and psychology. OTOMED offers a complete range of services regarding both diagnosis and treatment of hearing and balance disorders, and also psychological and speech therapy support for children with hearing loss, bearers of hearing aids or cochlear implant.

Gluru

Seed Round in 2016
Kare is an advanced analytical & predictive user data software company, making unstructured user data smart, accessible and useful in the moment of need. Consumers or teams use Kare software-as-a-service to save time, collaborate more efficiently and in the case of enterprise increase productivity & sales. Using advanced proprietary natural language processing and machine learning algorithms the Kare engine is able to process, create & connect billions of recommendations from users or teams unstructured data sources securely and privately providing instant actionable insight into the pulse of your unstructured data.

TypingDNA, Inc.

Pre Seed Round in 2016
TypingDNA SRL develops and builds biometrics security solutions based on individual typing patterns of people used to protect SaaS, Web applications, eLearning, ePayments, and devices. Its solutions include Authentication API, a solution that analyses and verifies the recorded typing patterns/keystroke patterns against previous patterns from the real owner; and Continuous Authentication, a solution that records keystroke dynamics statistics about pressed keys of a user and turn them into typing patterns. The company was founded in 2015 and is based in Oradea, Romania with business development offices in New York, New York and Bucharest, Romania.

Gluru

Seed Round in 2015
Kare is an advanced analytical & predictive user data software company, making unstructured user data smart, accessible and useful in the moment of need. Consumers or teams use Kare software-as-a-service to save time, collaborate more efficiently and in the case of enterprise increase productivity & sales. Using advanced proprietary natural language processing and machine learning algorithms the Kare engine is able to process, create & connect billions of recommendations from users or teams unstructured data sources securely and privately providing instant actionable insight into the pulse of your unstructured data.

GECAD NET

Seed Round in 1992
GECAD NET is one of the key players in the Romanian IT market, offering the whole choice of intelligent IT solutions: software licensing optimization, integrated CAD technology, integrated security solutions, IT services, training, cloud platforms. With a tradition of 20 years in IT, GECAD NET won numerous awards and certifications from the world's leading manufacturers. In 2014, GECAD NET received the status of LSR (Licensing Solutions Providers) from Microsoft Romania, being one of the few companies that can develop Enterprise projects on Microsoft solutions.

SymphoPay

Seed Round in 2016
Symphopay is designed for retailers who want to enhance customers experience in a multichannel environment by connecting all payments terminals (either fix or mobile) to a central platform capable to integrate marketing and loyalty campaigns in real-time.

Avangate

Series A in 2011
Avangate is the modern Digital Commerce service that helps digital businesses launch new products and grow faster, maximize revenue from every customer, and instantly conduct business in over 180 countries. Powered by a proven cloud platform and global commerce expertise, Avangate frees digital business leaders from the complexities of building and operating their own commerce infrastructure. Avangate powers modern Digital Commerce, finally solving the complexity of online commerce, subscription billing, and global payments for Software, SaaS and Online Services companies. Over 4,000 of the most demanding digital businesses in over 180 countries trust Avangate including Absolute Software, Bitdefender, Brocade, FICO, HP Software, Kaspersky Lab, Telestream. Avangate is headquartered in Atlanta, Georgia. To learn more, visit http://www.avangate.com/.

Avangate

Seed Round in 2006
Avangate is the modern Digital Commerce service that helps digital businesses launch new products and grow faster, maximize revenue from every customer, and instantly conduct business in over 180 countries. Powered by a proven cloud platform and global commerce expertise, Avangate frees digital business leaders from the complexities of building and operating their own commerce infrastructure. Avangate powers modern Digital Commerce, finally solving the complexity of online commerce, subscription billing, and global payments for Software, SaaS and Online Services companies. Over 4,000 of the most demanding digital businesses in over 180 countries trust Avangate including Absolute Software, Bitdefender, Brocade, FICO, HP Software, Kaspersky Lab, Telestream. Avangate is headquartered in Atlanta, Georgia. To learn more, visit http://www.avangate.com/.

Soleadify

Seed Round in 2020
Search engine for businesses and business data

OTOMED Medical Center

Venture Round in 2003
OTOMED Medical Center offers you a wide range of services to the highest degree of professionalism. In a warm and relaxed atmosphere, the experts find the most appropriate solutions regarding hearing and balance disorders, speech therapy and psychology. OTOMED offers a complete range of services regarding both diagnosis and treatment of hearing and balance disorders, and also psychological and speech therapy support for children with hearing loss, bearers of hearing aids or cochlear implant.

RAV Antivirus

Seed Round in 1994
RAV Antivirus was founded in 1994 to primarily meet the growing security needs of internet service providers and Linux users. Within just a few years of it's inception, RAV established an impressive global presence and became the anti-virus of choice for millions of users worldwide. RAV's state-of-art technology and development talent attracted the attention of Microsoft which was scouting for the appropriate technology and team to launch it's security initiatives. In mid 2003, RAV's technology and development team was acquired by Microsoft in a transaction that made headlines in the technology space and firmly positioned GECAD a a major international technology group. Please read the full press release on Microsoft website.

Coinzone

Seed Round in 2014
Coinzone B.V. offers a system for Bitcoin payments online and point-of-sale. It enables businesses and individuals in Europe and growth markets to store and transact digital currencies. The company was founded in 2014 and is based in Amsterdam, the Netherlands. As of August 12, 2015, Coinzone B.V. operates as a subsidiary of Coinify ApS.

Smart Bill

Seed Round in 2016
Founded in 2007, Smart Bill is a Romanian FinTech startup that offers billing solutions and SaaS-based services. It also provides small- and medium-sized businesses with invoicing and inventory management software. It offers Smart Bill Cloud, an online billing program which can be accessed from anywhere, from any internet-connected device. The company is headquartered in Sibiu, Romania.

Axigen

Series A in 2007
Axigen is an integrated email, calendaring and collaboration platform, masterfully built on our unique Linux mail server technology, for increased speed and security. The Axigen messaging platform is available in three solutions, all tailored to customer needs: - Axigen Business Messaging The full benefits of email communication & collaboration, integrated in a smart & secure solution based on a powerful mail server for business. - Axigen Service Providers Messaging Multi-tenant messaging for SPs looking to host hundreds to millions of business-level email users, based on a powerful mail server for ISP. - Axigen Free Mail Server The Axigen Free Mail Server is a great alternative to open source: it is a turnkey messaging solution with an amazing number of free email users. Currently, AXIGEN is distributed internationally by over 200 partners from 100 countries and manages email traffic for more than 11,000 companies with 6 million end-users.

GECAD ePayment

Seed Round in 2004
GECAD ePayment, now PayU Romania – www.payu.ro - has been providing since 2004 online payment solutions for Romanian merchants. In 2010, MIH/Allegro, part of Naspers, acquired GECAD ePayment. Presently, PayU provides integrated online payments solutions and has operations in Poland, the Czech Republic, Romania and Hungary and has processed 31 million transactions in 2010 and a volume of almost 1 billion euro. In Romania, PayU is the key player on the online payments market. The company develops the online payments integrated solution PayU dedicated to companies that want to sell online in Romania or the countries PayU has operations in.

Vector Watch UK Limited

Seed Round in 2014
Vector Watch UK Limited designs and develops wearable technology to simplify lifestyles. It manufactures and markets smart watches with a 30 day battery life, through its intelligent technology, provide discreet and relevant information; connect to smartphone application via low energy Bluetooth technology; deliver personal and customized notifications; and notify incoming calls messages, emails, and application alerts to help consumers streamline the complexities of day to day life. The company was incorporated in 2014 and is based in London, United Kingdom. As of December 31, 2016, Vector Watch UK Limited operates as a subsidiary of Fitbit, Inc.

Smartree Romania SRL

Seed Round in 2006
Smartree Romania SRL provides human resource management outsourcing services. It offers payroll; personnel administration; analysis, reporting and management; and consulting services, as well as human resource management software implementation services. The company also provides franchising services. It has a strategic partnership with ADP. Smartree Romania SRL was founded in 2000 and is based in Bucharest, Romania with additional offices in Bucharest, Pitesti, Timisoara, and Constanta, Romania. As of February 1, 2016, Smartree Romania SRL operates as a subsidiary of Cylatrea Investments.

TypingDNA, Inc.

Seed Round in 2019
TypingDNA SRL develops and builds biometrics security solutions based on individual typing patterns of people used to protect SaaS, Web applications, eLearning, ePayments, and devices. Its solutions include Authentication API, a solution that analyses and verifies the recorded typing patterns/keystroke patterns against previous patterns from the real owner; and Continuous Authentication, a solution that records keystroke dynamics statistics about pressed keys of a user and turn them into typing patterns. The company was founded in 2015 and is based in Oradea, Romania with business development offices in New York, New York and Bucharest, Romania.

Vector Watch UK Limited

Venture Round in 2015
Vector Watch UK Limited designs and develops wearable technology to simplify lifestyles. It manufactures and markets smart watches with a 30 day battery life, through its intelligent technology, provide discreet and relevant information; connect to smartphone application via low energy Bluetooth technology; deliver personal and customized notifications; and notify incoming calls messages, emails, and application alerts to help consumers streamline the complexities of day to day life. The company was incorporated in 2014 and is based in London, United Kingdom. As of December 31, 2016, Vector Watch UK Limited operates as a subsidiary of Fitbit, Inc.

Avangate

Private Equity Round in 2013
Avangate is the modern Digital Commerce service that helps digital businesses launch new products and grow faster, maximize revenue from every customer, and instantly conduct business in over 180 countries. Powered by a proven cloud platform and global commerce expertise, Avangate frees digital business leaders from the complexities of building and operating their own commerce infrastructure. Avangate powers modern Digital Commerce, finally solving the complexity of online commerce, subscription billing, and global payments for Software, SaaS and Online Services companies. Over 4,000 of the most demanding digital businesses in over 180 countries trust Avangate including Absolute Software, Bitdefender, Brocade, FICO, HP Software, Kaspersky Lab, Telestream. Avangate is headquartered in Atlanta, Georgia. To learn more, visit http://www.avangate.com/.

Soupologie

Seed Round in 2014
Soupologie was founded by Master Soupologist, Stephen, who discovered his talent for making soups while cooking for his family. Challenged by them to take his passion for soup-making to a wider audience, he set off to market stalls across London, armed with his saucepans, ladles, soup and camping stove! He was delighted to find that people loved his soups and were happy to chat to him and encourage him to expand. The Simply Delicious range really took off during 2012 and as a result of Stephen still doing food tastings and getting people’s feedback, he has continued to develop the soups and create really exciting flavours.