Open Circle Capital

Open Circle Capital is a venture capital investment firm established in 2017 and based in Vilnius, Lithuania. The firm focuses on investing in technology companies within the fields of information and communications technology, robotics, and high-tech, particularly in Northern Europe. Open Circle Capital seeks to collaborate with teams led by experienced entrepreneurs who have a track record of growth, fundraising, and successful exits. The firm is interested in early-stage companies that have recently generated revenue and demonstrate potential for rapid growth and expansion into international markets. Its investment approach begins with discussions to understand the ambitions of the entrepreneurs, followed by a structured evaluation process that culminates in a legal agreement to support the venture.

Klaudija Budreikaitė

Principal

Kasparas Navickas

Senior Analyst

Rokas Tamošiūnas

Partner

Past deals in FSU

Billo

Seed Round in 2021
Billo.app UAB is a marketing management platform based in Kaunas, Lithuania. The company specializes in providing tools for content creation and sharing, enabling brands to connect effectively with their audiences. Billo offers an all-in-one solution for producing custom eCommerce videos, video advertisements, product videos, and commercials, streamlining the video marketing process for businesses.

Smart Vision

Seed Round in 2021
Smart Vision is based in Riga, Latvia. It is an online e-commerce store that sells eye protection lenses, glasses, and sunglasses for men and women, as well as providing delivery services.

Attention Insight

Seed Round in 2021
Attention Insight is a technology company based in Vilnius, Lithuania, with an additional office in Hamburg, Germany, founded in 2019. It specializes in developing an AI-based platform that leverages deep learning to enhance consumer visual engagement monitoring. The company offers a software as a service (SaaS) solution that utilizes predictive eye-tracking algorithms to analyze design and content effectiveness. By generating heatmaps that indicate where users are likely to focus their attention, Attention Insight enables businesses to make data-driven decisions regarding their design strategies. This approach allows organizations to improve advertising campaign results and design performance without the need for labor-intensive data collection, thereby streamlining the process of visual engagement assessment.

Attention Insight

Seed Round in 2021
Attention Insight is a technology company based in Vilnius, Lithuania, with an additional office in Hamburg, Germany, founded in 2019. It specializes in developing an AI-based platform that leverages deep learning to enhance consumer visual engagement monitoring. The company offers a software as a service (SaaS) solution that utilizes predictive eye-tracking algorithms to analyze design and content effectiveness. By generating heatmaps that indicate where users are likely to focus their attention, Attention Insight enables businesses to make data-driven decisions regarding their design strategies. This approach allows organizations to improve advertising campaign results and design performance without the need for labor-intensive data collection, thereby streamlining the process of visual engagement assessment.

Smart Vision

Seed Round in 2021
Smart Vision is based in Riga, Latvia. It is an online e-commerce store that sells eye protection lenses, glasses, and sunglasses for men and women, as well as providing delivery services.

Billo

Seed Round in 2020
Billo.app UAB is a marketing management platform based in Kaunas, Lithuania. The company specializes in providing tools for content creation and sharing, enabling brands to connect effectively with their audiences. Billo offers an all-in-one solution for producing custom eCommerce videos, video advertisements, product videos, and commercials, streamlining the video marketing process for businesses.

Eddy Travels

Pre Seed Round in 2020
Eddy Travels Inc. is an AI-based digital travel assistant founded in 2018 and headquartered in Vilnius, Lithuania. The company operates an online platform that enables users to search for flight, accommodation, car rental, and hotel deals through popular chat applications such as Facebook Messenger, WhatsApp, Slack, Rakuten Viber, and Telegram. Eddy Travels leverages artificial intelligence to provide customized travel solutions, allowing users to find the best options efficiently. The platform also features voice support, enhancing the user experience by facilitating seamless online travel assistance.

Eddy Travels

Pre Seed Round in 2019
Eddy Travels Inc. is an AI-based digital travel assistant founded in 2018 and headquartered in Vilnius, Lithuania. The company operates an online platform that enables users to search for flight, accommodation, car rental, and hotel deals through popular chat applications such as Facebook Messenger, WhatsApp, Slack, Rakuten Viber, and Telegram. Eddy Travels leverages artificial intelligence to provide customized travel solutions, allowing users to find the best options efficiently. The platform also features voice support, enhancing the user experience by facilitating seamless online travel assistance.

Attention Insight

Seed Round in 2019
Attention Insight is a technology company based in Vilnius, Lithuania, with an additional office in Hamburg, Germany, founded in 2019. It specializes in developing an AI-based platform that leverages deep learning to enhance consumer visual engagement monitoring. The company offers a software as a service (SaaS) solution that utilizes predictive eye-tracking algorithms to analyze design and content effectiveness. By generating heatmaps that indicate where users are likely to focus their attention, Attention Insight enables businesses to make data-driven decisions regarding their design strategies. This approach allows organizations to improve advertising campaign results and design performance without the need for labor-intensive data collection, thereby streamlining the process of visual engagement assessment.

Smart Vision

Seed Round in 2019
Smart Vision is based in Riga, Latvia. It is an online e-commerce store that sells eye protection lenses, glasses, and sunglasses for men and women, as well as providing delivery services.

sixads

Seed Round in 2019
Sixads, UAB is a company based in Vilnius, Lithuania, founded in 2018. It specializes in developing an ad exchange platform that enables web stores to exchange product advertisements, enhancing traffic generation through partnerships with other online stores. Additionally, Sixads offers a Shopify app that assists businesses in creating and managing effective advertising campaigns across platforms such as Facebook, Instagram, and Google. The app allows users to select products for promotion, design ad visuals, and define targeting and text, streamlining the process of setting up digital marketing efforts for e-commerce businesses.

Smart Vision

Seed Round in 2018
Smart Vision is based in Riga, Latvia. It is an online e-commerce store that sells eye protection lenses, glasses, and sunglasses for men and women, as well as providing delivery services.
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