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.

Focus

Seed Stage Seed Round Cental and Eastern Europe Central Europe EEA Show more

http://www.gecad.com

https://crunchbase.com/organization/gecadgroup

https://facebook.com/gecadventures

https://linkedin.com/company/gecad-group

https://signal.nfx.com/firms/gecad-ventures

https://www.capitaliq.com/CIQDotNet/company.aspx?companyId=49122074

Adriana Suciu

VP of Operations

Past deals in Hungary

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.