OpenFund

OpenFund is a venture capital firm based in Athens, Greece, established in 2009. It specializes in providing seed investments and incubation for startups, particularly in the technology sector with a focus on software, mobile, and web-based companies. The firm typically invests globally, with a preference for companies registered in Greece. OpenFund initiates investments at the pre-seed stage, often committing around €0.05 million, and aims to acquire a total stake of 15% in its portfolio companies. The firm also engages in follow-up financing, providing additional seed capital ranging from €0.05 million to €0.75 million. OpenFund's investment strategy includes a structured exit plan, allowing it to divest its stake after approximately five months, either to the company's management or subsequent investors. The firm combines expertise from a team of executives and advisors to support entrepreneurs in transforming their ideas into successful products.

Aristos Doxiadis

Partner

Georgios Kasselakis

Partner

Constantine Pateras

Partner

George Tziralis

Partner

47 past transactions

EverythingStore

Seed Round in 2021
Multi-crypto e-commerce for buying and selling goods on any blockchain.

Welcome Pickups

Series A in 2019
Welcome Pickups is an online platform that focuses on enhancing the travel experience by connecting travelers with local residents in their destination. Established in January 2015 in Athens, the platform facilitates communication between users and locals, allowing for the organization of essential services, pre-ordered tickets, and personalized experiences guided by residents. This approach aims to provide travelers with a safer and more enjoyable journey by offering tailored advice and support, making it easier for them to navigate and immerse themselves in the local culture.

Welcome Pickups

Venture Round in 2017
Welcome Pickups is an online platform that focuses on enhancing the travel experience by connecting travelers with local residents in their destination. Established in January 2015 in Athens, the platform facilitates communication between users and locals, allowing for the organization of essential services, pre-ordered tickets, and personalized experiences guided by residents. This approach aims to provide travelers with a safer and more enjoyable journey by offering tailored advice and support, making it easier for them to navigate and immerse themselves in the local culture.

100mentors

Seed Round in 2016
100mentors is an innovative platform that aims to empower youth in making informed academic and career decisions. By providing on-demand access to a vast alumni network, the platform seeks to personalize career guidance, helping students discover paths that align with their unique talents and aspirations. In an era where technology facilitates immediate solutions in various aspects of life, 100mentors addresses the lack of personalized support in career counseling. The application integrates artificial intelligence with human insights, enhancing the process of connecting individuals to valuable mentorship opportunities. By equipping students with the tools and resources needed to navigate their career choices, 100mentors supports the preparation for future workplaces and helps individuals pursue their true inclinations in education and employment.

Goodvidio

Seed Round in 2016
Goodvidio is a software service that specializes in enhancing ecommerce product pages through the integration of curated product videos sourced from social media. By utilizing its content automation platform, Goodvidio helps retailers discover and embed relevant videos on their product pages, thereby increasing visitor engagement and optimizing conversion rates. The platform not only streamlines the video selection process by allowing retailers to approve specific videos but also measures performance metrics to assess visitor interaction and conversion effectiveness. This approach aims to make product pages more dynamic and persuasive, ultimately driving sales and improving the shopping experience for consumers.

Fieldscale

Seed Round in 2016
Fieldscale is a company based in Thessaloniki, Greece, that specializes in developing cloud-based simulation software for the touch sensor industry. Its flagship product, SENSE, provides advanced capacitive touch sensor simulation capabilities, enabling engineers to conduct electric design and analysis with enhanced accuracy and efficiency. The software employs sophisticated algorithms within an intuitive user interface, allowing for the execution of complex simulations, including electric field analysis and assessments of dielectric breakdowns and partial discharges. By facilitating thousands of analyses and various scenarios within a single day, Fieldscale empowers engineers to optimize sensor designs while reducing power consumption, thereby improving the overall design process for touchscreen products. Founded in 2015, the company aims to provide solutions that help users achieve optimal design outcomes more quickly than their competitors.

Welcome Pickups

Seed Round in 2016
Welcome Pickups is an online platform that focuses on enhancing the travel experience by connecting travelers with local residents in their destination. Established in January 2015 in Athens, the platform facilitates communication between users and locals, allowing for the organization of essential services, pre-ordered tickets, and personalized experiences guided by residents. This approach aims to provide travelers with a safer and more enjoyable journey by offering tailored advice and support, making it easier for them to navigate and immerse themselves in the local culture.

Welcome Pickups

Seed Round in 2015
Welcome Pickups is an online platform that focuses on enhancing the travel experience by connecting travelers with local residents in their destination. Established in January 2015 in Athens, the platform facilitates communication between users and locals, allowing for the organization of essential services, pre-ordered tickets, and personalized experiences guided by residents. This approach aims to provide travelers with a safer and more enjoyable journey by offering tailored advice and support, making it easier for them to navigate and immerse themselves in the local culture.

Fieldscale

Seed Round in 2015
Fieldscale is a company based in Thessaloniki, Greece, that specializes in developing cloud-based simulation software for the touch sensor industry. Its flagship product, SENSE, provides advanced capacitive touch sensor simulation capabilities, enabling engineers to conduct electric design and analysis with enhanced accuracy and efficiency. The software employs sophisticated algorithms within an intuitive user interface, allowing for the execution of complex simulations, including electric field analysis and assessments of dielectric breakdowns and partial discharges. By facilitating thousands of analyses and various scenarios within a single day, Fieldscale empowers engineers to optimize sensor designs while reducing power consumption, thereby improving the overall design process for touchscreen products. Founded in 2015, the company aims to provide solutions that help users achieve optimal design outcomes more quickly than their competitors.

TalosAvionics

Seed Round in 2015
TalosAvionics is a company based in Heraklion, Greece, specializing in the development of advanced avionics systems utilizing portable devices such as tablets and smartphones. The firm offers innovative products, including A-EFIS, a primary flight display, and EFIS/AHRS for Android devices, which enable users to transform their mobile devices into a comprehensive glass cockpit. Additionally, TalosAvionics provides a WiFi pressure sensor box that enhances the functionality of these devices by integrating critical flight data such as airspeed and external temperature. Focused on research and development, the company aims to introduce state-of-the-art sensor technology to the aviation sector, ensuring improved accuracy and reliability in electronic flight information systems. TalosAvionics distributes its products through various channels across the United States.

Incrediblue

Seed Round in 2015
Incrediblue Limited is an online marketplace and booking platform that specializes in yacht charters and sailing holidays. Founded in 2012 and based in London, the company connects travelers with a diverse range of boats across various global sailing destinations. Incrediblue aims to provide a unique and enjoyable vacation alternative to traditional hotels, catering to travelers seeking memorable experiences on the water. The platform also supports boat owners by helping them grow their rental businesses. As of January 2018, Incrediblue operates as a subsidiary of Sal a Navegar Servicios Náuticos, S.L.

Welcome Pickups

Seed Round in 2015
Welcome Pickups is an online platform that focuses on enhancing the travel experience by connecting travelers with local residents in their destination. Established in January 2015 in Athens, the platform facilitates communication between users and locals, allowing for the organization of essential services, pre-ordered tickets, and personalized experiences guided by residents. This approach aims to provide travelers with a safer and more enjoyable journey by offering tailored advice and support, making it easier for them to navigate and immerse themselves in the local culture.

Balena

Series A in 2015
Balena Inc. operates a platform that provides comprehensive tools for building, deploying, and managing fleets of connected Internet of Things (IoT) devices. The company offers a range of products, including balenaCloud, balenaOS, balenaFin, balenaEngine, balenaEtcher, and openbalena, which facilitate application development, device deployment, and management for fleet owners. Balena's infrastructure enables developers to focus on application growth while managing, monitoring, and updating devices through a web dashboard, API, CLI, and SDK. The platform supports Linux containers and open technologies, allowing for seamless firmware deployment and compatibility with various programming languages and libraries. Founded in 2013 and based in Seattle, Washington, Balena also has offices in Greece and the United Kingdom. The company was previously known as Resin, Inc. until its rebranding in October 2018.

Forky

Seed Round in 2015
Forky is a food delivery service based in Athens, Greece, that operates through a mobile app and a web portal. The company specializes in delivering a variety of food options, including dishes, salads, accompaniments, refreshments, and ice cream from local restaurants. Forky aims to make food accessible to customers within minutes, allowing them to conveniently choose their favorite meals and have them delivered directly to their doorstep. Additionally, Forky facilitates payment methods, enhancing the overall customer experience in food delivery.

Pockee

Seed Round in 2015
Pockee is a mobile coupon platform based in Athens, Greece, that connects fast-moving consumer goods (FMCG) brands with retailers to provide consumers with genuine discounts on grocery shopping. By leveraging technology, Pockee allows users to access offers without the need for printing or collecting paper coupons, simplifying the shopping experience. The platform offers a variety of products, including food items like juices and snacks, as well as personal and home care products. Pockee also enables users to manage their spending effectively while earning cashback and receiving notifications for products of interest when they go on sale. Launched in 2014, Pockee aims to enhance consumer engagement at crucial decision-making moments in grocery shopping.

Workable

Series A in 2015
Workable is a comprehensive HR platform that facilitates the recruitment and management of employees for businesses, particularly small and medium enterprises. The platform features an advanced Applicant Tracking System and a flexible Human Resource Information System (HRIS), allowing organizations to streamline their hiring processes. Workable enables users to post job openings to over 200 job boards and access a vast pool of candidate profiles. It incorporates AI technology to enhance candidate sourcing, automate screening, and manage interview scheduling. Additionally, Workable assists in employee management by automating onboarding, storing HR data, and conducting performance reviews. The platform also includes tools for time and attendance tracking, making payroll reporting more efficient. Designed for ease of use, Workable offers a mobile app and reliable customer support, serving over 30,000 companies in more than 100 countries to help them build high-performance teams.

Goodvidio

Seed Round in 2015
Goodvidio is a software service that specializes in enhancing ecommerce product pages through the integration of curated product videos sourced from social media. By utilizing its content automation platform, Goodvidio helps retailers discover and embed relevant videos on their product pages, thereby increasing visitor engagement and optimizing conversion rates. The platform not only streamlines the video selection process by allowing retailers to approve specific videos but also measures performance metrics to assess visitor interaction and conversion effectiveness. This approach aims to make product pages more dynamic and persuasive, ultimately driving sales and improving the shopping experience for consumers.

Longaccess

Seed Round in 2015
Longaccess is an Athens, Greece-based startup that is developing a service to preserve personal digital archives for the long term future.

Smartbox

Seed Round in 2014
Smartbox is a technology solutions company that creates assistive technology solutions to help people with disabilities. The company offers a range of hardware devices: three types of Grid Pads which are communications aiding tablets; eye gaze cameras which allow users to navigate and control a computer by tracking where they are looking; Servus Environment Control devices that allow users to remotely control modified household devices such as thermostats; and other assistive devices related to controlling a computer. Additionally, the company offers software: Grid versions 2 and 3, standard assistive communications software; Look to Learn, learning software for eye gazing technology; Dwell Clicker 2, interface software for pointing devices and computers; Switch Driver 6, replicates keyboard and mouse commands with switches; and Sensory Eye FX and Tobii Gaze Viwer, both of which aid in eye gaze technology. Smatbox was founded in 2006 and is based in England with offices in Bristol, Worcestershire, and Malvern, with an additional U.S. office in Lower Burrell, Pennsylvania.

Tapely

Seed Round in 2014
Tape.ly is an online platform that enables users to upload, share, and stream mixtapes. The site utilizes a simple customizable interface that enables users can to upload tracks for a particular playlist and then design the page on which that playlist is hosted. The background, colors, fonts, and layout can all be customized, in addition to the cover image for the tape. Each mixtape also generates its own link, making it easy to share the tapes across other platforms. Tape.ly was launched in 2011.

Rocketgraph

Seed Round in 2014
Rocketgraph offers a graph analytics platform that empowers enterprises and government agencies to extract difficult-to-find insights from large and complex datasets quickly and efficiently. Originating from a high-performance computing initiative at the Department of Defense, Rocketgraph's technology allows analysts to leverage generative AI for iterative analysis, producing results significantly faster than traditional graph tools. The platform facilitates the creation of property graphs that can scale to hundreds of billions of edges, enabling users to conduct tasks such as forecasting, fraud detection, and monitoring suspicious activities online. Additionally, Rocketgraph provides a marketplace that aggregates reports and analytics from various sellers, simplifying the process for developers to showcase their work and for consumers to access a wide range of analytics in a single location. This dual focus on advanced graph analytics and a comprehensive marketplace positions Rocketgraph as a key player in the evolving data landscape.

Ermis

Seed Round in 2014
Ermis offers software solutions that enables users to manage CMS installations such as WordPress, Joomla, and Drupal. Its dashboard offers real-time information about the progress of each task and monitors if a user’s server is down or overloaded. Ermis is based in Paris, France.

Incelligent

Seed Round in 2014
Incelligent is a startup based in Athens, Greece, specializing in the development of management software for wireless and mobile broadband networks. The company focuses on predictive management and optimization of these networks through the application of machine learning techniques on extensive data sets gathered from both network and non-network sources. By recognizing patterns and uncovering hidden correlations within this data, Incelligent's software can forecast future network conditions and provide actionable insights for real-time configuration adjustments. This innovative approach not only enhances network performance but also prepares operators for the Internet of Things (IoT) landscape, enabling them to optimize their services and leverage big data effectively.

Fieldscale

Seed Round in 2014
Fieldscale is a company based in Thessaloniki, Greece, that specializes in developing cloud-based simulation software for the touch sensor industry. Its flagship product, SENSE, provides advanced capacitive touch sensor simulation capabilities, enabling engineers to conduct electric design and analysis with enhanced accuracy and efficiency. The software employs sophisticated algorithms within an intuitive user interface, allowing for the execution of complex simulations, including electric field analysis and assessments of dielectric breakdowns and partial discharges. By facilitating thousands of analyses and various scenarios within a single day, Fieldscale empowers engineers to optimize sensor designs while reducing power consumption, thereby improving the overall design process for touchscreen products. Founded in 2015, the company aims to provide solutions that help users achieve optimal design outcomes more quickly than their competitors.

Pockee

Seed Round in 2014
Pockee is a mobile coupon platform based in Athens, Greece, that connects fast-moving consumer goods (FMCG) brands with retailers to provide consumers with genuine discounts on grocery shopping. By leveraging technology, Pockee allows users to access offers without the need for printing or collecting paper coupons, simplifying the shopping experience. The platform offers a variety of products, including food items like juices and snacks, as well as personal and home care products. Pockee also enables users to manage their spending effectively while earning cashback and receiving notifications for products of interest when they go on sale. Launched in 2014, Pockee aims to enhance consumer engagement at crucial decision-making moments in grocery shopping.

Locish

Seed Round in 2014
Locish is a Q&A mobile app enabling users to ask like-minded people for real-time recommendations on new places to eat, drink, and have fun. Each response is specific to the user’s individual inquiry and matched to their personal preferences. General Information This is how Locish works - Ask a question to other Locish users Cafes, bars, clubs, and restaurants. Pose a detailed question to our community and find somewhere new that ticks your boxes. - Get tailored replies from like-minded people Locish ‘gets’ what you like, and knows which users will come up trumps with suitable suggestions – created just for you. - All the details you need As well as a personal response, you get all the venue details you need ­– including addresses, websites, photos; even ratings from Yelp and Foursquare. - Get involved Kudos – you’re now part of Locish! Payback time! Pass on your recommendations, connect, chat, and wax lyrical about your favorite places with those who share your interests. Locish launched for first time on summer 2013, and is relaunching totally new on spring 2014.

Tribe Wearables

Seed Round in 2014
Tribe is using cutting edge technology, to develop a novel wearable activity tracker, embedded into sports apparel. Workouts tailored to your body, suitable for your schedule, lifestyle and other needs. Continuous physical performance enhancement through real-time muscle function tracking. Thanks to real-time muscle function monitoring, you can now finally push yourself to your true limits and finally go that extra mile, with safety. Never again underperform or risk an injury.

Workable

Series A in 2014
Workable is a comprehensive HR platform that facilitates the recruitment and management of employees for businesses, particularly small and medium enterprises. The platform features an advanced Applicant Tracking System and a flexible Human Resource Information System (HRIS), allowing organizations to streamline their hiring processes. Workable enables users to post job openings to over 200 job boards and access a vast pool of candidate profiles. It incorporates AI technology to enhance candidate sourcing, automate screening, and manage interview scheduling. Additionally, Workable assists in employee management by automating onboarding, storing HR data, and conducting performance reviews. The platform also includes tools for time and attendance tracking, making payroll reporting more efficient. Designed for ease of use, Workable offers a mobile app and reliable customer support, serving over 30,000 companies in more than 100 countries to help them build high-performance teams.

Tapely

Seed Round in 2013
Tape.ly is an online platform that enables users to upload, share, and stream mixtapes. The site utilizes a simple customizable interface that enables users can to upload tracks for a particular playlist and then design the page on which that playlist is hosted. The background, colors, fonts, and layout can all be customized, in addition to the cover image for the tape. Each mixtape also generates its own link, making it easy to share the tapes across other platforms. Tape.ly was launched in 2011.

Incrediblue

Seed Round in 2013
Incrediblue Limited is an online marketplace and booking platform that specializes in yacht charters and sailing holidays. Founded in 2012 and based in London, the company connects travelers with a diverse range of boats across various global sailing destinations. Incrediblue aims to provide a unique and enjoyable vacation alternative to traditional hotels, catering to travelers seeking memorable experiences on the water. The platform also supports boat owners by helping them grow their rental businesses. As of January 2018, Incrediblue operates as a subsidiary of Sal a Navegar Servicios Náuticos, S.L.

Discoveroom

Seed Round in 2013
Discoveroom is an application that provides small lodges with the tools to manage reservations manually or automatically. It also enables users to ceive bookings from customers over the internet. Discoveroom generates revenues from commissions on the bookings that take place on its own lodging listing service and from subscriptions for app add-ons.

Total Eclipse

Seed Round in 2013
Total Eclipse Ltd. is a game development studio based in Thessaloniki, Greece, founded in 2004 by brothers Argiris and Dimitrios Bendilas. The company specializes in designing and developing family-friendly games for various platforms, including PC, Mac, Linux, and iPhone/iPad. Total Eclipse focuses on creating innovative and addictive casual games that are easy to learn. Its notable works include the "Clockwork Man" franchise, which features two Hidden Object/Adventure games and an iOS puzzle game called "A Clockwork Brain." The company's products are distributed through major digital channels and retail stores, allowing for broad accessibility to players worldwide. With a small, dedicated team and a commitment to crafting memorable gaming experiences, Total Eclipse continues to expand its portfolio of original games.

Longaccess

Seed Round in 2013
Longaccess is an Athens, Greece-based startup that is developing a service to preserve personal digital archives for the long term future.

Dopios

Seed Round in 2013
dopios, or ‘local’ in Greek, is a community marketplace where travelers can discover authentic experiences created by locals. Users can get travel tips before they go, plan adventures for their next vacation, and meet new friends. dopios is taking travelers beyond the guidebook and plugging them into the true experiences of their destinations.

Locish

Seed Round in 2013
Locish is a Q&A mobile app enabling users to ask like-minded people for real-time recommendations on new places to eat, drink, and have fun. Each response is specific to the user’s individual inquiry and matched to their personal preferences. General Information This is how Locish works - Ask a question to other Locish users Cafes, bars, clubs, and restaurants. Pose a detailed question to our community and find somewhere new that ticks your boxes. - Get tailored replies from like-minded people Locish ‘gets’ what you like, and knows which users will come up trumps with suitable suggestions – created just for you. - All the details you need As well as a personal response, you get all the venue details you need ­– including addresses, websites, photos; even ratings from Yelp and Foursquare. - Get involved Kudos – you’re now part of Locish! Payback time! Pass on your recommendations, connect, chat, and wax lyrical about your favorite places with those who share your interests. Locish launched for first time on summer 2013, and is relaunching totally new on spring 2014.

Incrediblue

Seed Round in 2013
Incrediblue Limited is an online marketplace and booking platform that specializes in yacht charters and sailing holidays. Founded in 2012 and based in London, the company connects travelers with a diverse range of boats across various global sailing destinations. Incrediblue aims to provide a unique and enjoyable vacation alternative to traditional hotels, catering to travelers seeking memorable experiences on the water. The platform also supports boat owners by helping them grow their rental businesses. As of January 2018, Incrediblue operates as a subsidiary of Sal a Navegar Servicios Náuticos, S.L.

Workable

Seed Round in 2013
Workable is a comprehensive HR platform that facilitates the recruitment and management of employees for businesses, particularly small and medium enterprises. The platform features an advanced Applicant Tracking System and a flexible Human Resource Information System (HRIS), allowing organizations to streamline their hiring processes. Workable enables users to post job openings to over 200 job boards and access a vast pool of candidate profiles. It incorporates AI technology to enhance candidate sourcing, automate screening, and manage interview scheduling. Additionally, Workable assists in employee management by automating onboarding, storing HR data, and conducting performance reviews. The platform also includes tools for time and attendance tracking, making payroll reporting more efficient. Designed for ease of use, Workable offers a mobile app and reliable customer support, serving over 30,000 companies in more than 100 countries to help them build high-performance teams.

Imagga

Seed Round in 2011
Imagga Ltd. is a company that operates a cloud-based platform focused on image recognition and processing. Founded in 2008 and based in Sofia, Bulgaria, Imagga provides developers and businesses with powerful APIs for image tagging, auto-categorization, and color extraction. Its platform supports various functionalities such as visual image search and auto-tagging, allowing users to efficiently manage and analyze large collections of digital images. Imagga's infrastructure is designed to handle substantial image loads and can automatically scale to accommodate numerous concurrent queries. The services are offered on a software-as-a-service basis, utilizing a pay-as-you-go model for both web and mobile applications, enabling clients to effectively monetize and leverage their image content.

Beat

Seed Round in 2011
Beat is a ride-hailing application that connects passengers with nearby drivers in real time, offering a new and efficient transportation experience. Founded in 2011 and acquired by mytaxi in 2017, Beat enables users to request rides 24/7 through its mobile platform, which is compatible with both iOS and Android devices. The app allows passengers to either accept a driver selected by the platform or choose from available drivers based on user ratings and other criteria. Currently, Beat operates in several cities, including Athens, Lima, Santiago, and Bogota, with plans for further expansion in South America.

Gourmet Origins

Seed Round in 2011
GourmetOrigins.com is an online marketplace for European artisan and high quality foods. GourmetOrigins.com connects consumers with small independent producers throughout Europe and help foodies discover the origins and the stories of Europe's rich and diverse food heritage. At GourmetOrigins.com consumers can place orders for hard-to-find foods and get them delivered at home. Producers have in GourmetOrigins.com a platform to increase sales, promote their produce and gain exposure in fron of a highly segmented audience.

Kamibu

Seed Round in 2011
Kamibu is working on revolutionizing the way video games are developed. We aim to make gaming experiences more fun, intuitive and meaningful through a set of technologies that help game developers rethink the way they build games.

YouScan

Seed Round in 2011
YouScan is an AI-powered social media monitoring platform founded in 2009, based in Moscow, Russian Federation, and operates as a subsidiary of Yell.ru Ltd. The platform assists brand owners, marketers, researchers, and PR professionals in understanding consumer opinions about their products and competitors through advanced analytics. YouScan provides insights into what consumers say, do, and who they are, leveraging tools such as a conversational social listening assistant powered by ChatGPT and industry-leading visual analysis capabilities. The platform serves over 400 clients globally, including notable brands like Nestle, L'Oreal, and Coca-Cola, as well as smaller, customer-centric companies. Recognized for its innovative solutions, YouScan has received accolades from industry experts, including being named a "Cool AI Vendor for Marketing" by Gartner and recognized multiple times as the "Best Social Media Monitoring Software" by the MarkTech Breakthrough Awards. The company has a diverse team located across various countries, reflecting its commitment to understanding and improving customer engagement.

Sportmeets

Seed Round in 2010
Sportmeets is a meeting facilitation service dedicated to recreational sports, designed to ease the process of organizing and participating in sports events. By shifting the focus from event organization to active participation, Sportmeets helps users overcome barriers to arranging sports activities. The platform connects sports enthusiasts, enabling them to meet, form teams, and match their interests and skill levels for offline competition. This service not only facilitates the logistics of sports engagement but also fosters social interactions among participants, enhancing the overall experience of recreational sports.

Listiki

Seed Round in 2010
Listiki lets you find, make and share lists of stuff you care about. The company is based in Cyprus and is co-founded by Alex Schleifer, Constantinos Demetriadis and Davina Economou Listiki has received seed funding from Athens, Greece-based OpenFund.

Fashinating

Seed Round in 2010
Fashinating helps people discover, track and shop apparel, accessories, shoes and jewelry online, all sourced from the best online retailers globally. The company holds a pending US patent on its fashion discovery process that profiles users’ actions and makes targeted product recommendations. The service has successfully launched in 2010 operating 7 co-branding solutions for publishers like Microsoft and Men's Health. Fashinating operates in 3 district country markets. The Problem Online fashion retail is the most popular category of e-shopping in many countries and the fastest growing in the US with growth of 20%. Markets like the UK offer an overwhelming choice to the online consumer. Just shopping for t-shirts on Amazon UK gives you a choice of over one million different options. If someone placed one t-shirt next to the other to help you decide you would have to walk 5 days non-stop to actually view them all! The problem here is clear, what is the best way to help you discover the perfect t-shirt? The Solution Fashinating makes real time recommendations based on the users’ instant choices and accumulated profile. This ensures that you see the best t-shirts out of the one million first! Others might claim the same, but who makes the best targeting? Even the perfect recommendation engine cannot function without taste data! The winner in this industry will be the one able to gather and utilize user data quickly. Fashinating’s patented process ensures visitors add on average 8 products to their favorites per visit! This ensures it selects the best t-shirts for you when at the same time it displays large pictures helping you make the right choice. Project Status The company has been funded to date by its founders’, select angels and the Openfund (http://theopenfund.com) in 2009. Its users have added over 8 million products to their favorites to this date. Fashinating today features over 200K products and has over 250 agreements with eshops like GAP, Asos, Far Fetch, French Connection and Ted Baker - most of them for the UK and the US vertical.

YouScan

Seed Round in 2010
YouScan is an AI-powered social media monitoring platform founded in 2009, based in Moscow, Russian Federation, and operates as a subsidiary of Yell.ru Ltd. The platform assists brand owners, marketers, researchers, and PR professionals in understanding consumer opinions about their products and competitors through advanced analytics. YouScan provides insights into what consumers say, do, and who they are, leveraging tools such as a conversational social listening assistant powered by ChatGPT and industry-leading visual analysis capabilities. The platform serves over 400 clients globally, including notable brands like Nestle, L'Oreal, and Coca-Cola, as well as smaller, customer-centric companies. Recognized for its innovative solutions, YouScan has received accolades from industry experts, including being named a "Cool AI Vendor for Marketing" by Gartner and recognized multiple times as the "Best Social Media Monitoring Software" by the MarkTech Breakthrough Awards. The company has a diverse team located across various countries, reflecting its commitment to understanding and improving customer engagement.

Imagga

Seed Round in 2010
Imagga Ltd. is a company that operates a cloud-based platform focused on image recognition and processing. Founded in 2008 and based in Sofia, Bulgaria, Imagga provides developers and businesses with powerful APIs for image tagging, auto-categorization, and color extraction. Its platform supports various functionalities such as visual image search and auto-tagging, allowing users to efficiently manage and analyze large collections of digital images. Imagga's infrastructure is designed to handle substantial image loads and can automatically scale to accommodate numerous concurrent queries. The services are offered on a software-as-a-service basis, utilizing a pay-as-you-go model for both web and mobile applications, enabling clients to effectively monetize and leverage their image content.
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