South Central Ventures

South Central Ventures focuses on early stage high-growth companies with excellent management teams. With offices in Belgrade, Zagreb and Skopje, South Central Ventures (SCV), through Enterprise Innovation Fund (ENIF), is focused on tech companies in the Balkans. The € 40 million fund is dedicated primarily to early stage and growth investments. Within the fund’s ‘seed pocket’, € 1.5 million is allocated for investments of up to € 100 000 per company. The majority of the fund is allocated for early stage and growth investments of up to € 3 million per company. These investments are intended to fuel the international business expansion and growth of the most promising tech startups that can show traction and prove their potential to “make it big”.

Vedran Blagus

Investment Manager

Jan Kobler

Managing Partner

Jure Mikuž

Managing Partner

Domagoj Oreb

Venture Partner

Tanja Pantic

CFO

PP

Pedja Predin

Investment Manager

Tatjana Zabasu

Managing Partner

42 past transactions

Alchemy Cloud, Inc.

Venture Round in 2018
Alchemy Cloud, Inc. provides a cloud-based software for the chemical industry that facilitates the commercialization of new formulations. The company’s solution spans customer relationship management (CRM), workflow automation, formula management, and analytics to optimize the process of going from concept to chemistry. Its solution is accessed on desktop and mobile devices. The company was incorporated in 2017 and is based in San Francisco, California with additional offices in Novi Sad, Serbia; and New York, New York.

Hunch Insights

Venture Round in 2022
We help businesses acquire and grow their customers online. We build innovative technology on top of the most important digital platforms like Facebook, Instagram, Adwords, Twitter and LinkedIn and use that technology to make brands and agencies wildly successful with their social and video advertising. Why? Because, acquiring customers online is becoming and increasingly complex and expensive experience. The gap between what ads your users want to see and what ads they are actually served remains large. We help our customers bridge that gap. Hunch is on a mission to help businesses deliver an automated, optimized, and personalized customer journey through latest advertising technology and processes.

Agrivi

Series A in 2020
AGRIVI is a global agritech company that supports agri-food value chain with digital agriculture technologies. AGRIVI's market leading farm management platform is used by customers in 100+ countries.

Underline Science, Inc.

Seed Round in 2022
Underline Science, Inc. develops a virtual conference platform for professionals. The company offers a streaming conference platform, Underline, which provides post event engagement, ancillary materials, transcriptions, real-time language translations, digital object identifiers (DOIs), machine-readable cataloging (MARC) records, and presenters slides and profiles. It allows the users to organize scientific lectures, research, discussions, and conferences. Underline Science, Inc. was formerly known as OPEN SCIENCE INC. and changed its name to Underline Science, Inc. in April 2020. The company was incorporated in 2018 and is based in New York, New York.

Cognism

Series A in 2018
AI tools for extracting sales and recruitment leads from big data

Bulb Technologies Ltd.

Venture Round in 2016
Bulb Technologies Ltd. provides broadband service management software for fixed, cable, and mobile communication service providers in Europe. The company offers CEMPRESSO, a solution for customer support automation and knowledge management; DACS (DHCP/DOCSIS auto configuration system), a centralized CPE device provisioning platform that manages the allocation of IP addresses and configuration of CPE devices; and Network Element Provisioning System that allows telecom operators to manage and automate service delivery processes. It also provides CEM/service assurance, device management, and provisioning solutions integration services. The company was founded in 2006 and is based in Zagreb, Croatia.

Agremo Ltd.

Seed Round in 2022
Agremo Ltd. operates cloud based software platform for drone operators, growers, and agronomists. The product collects data through drones, generate 2D maps, analyze images with various algorithms, and create reports. It can be used for plant counting, plant health monitoring, field management, plant stress analysis, weed analysis, pest analysis, plant disease analysis, water stress analysis, and flowering estimator. Agremo Ltd. was founded in 2015 and is based in Belgrade, Serbia.

Habiplace

Seed Round in 2018
Habiplace seeks to engineer a new age for property. Its property network will build a first of its kind ecosystem where the industry revolves around digital property profiles rather than our homes revolving around the industry.

Virtus Vita

Seed Round in 2017
Booknowmed.com is an online booking engine for medical treatments connecting medical travelers with top-notched healthcare providers Worldwide. Supported by the European Union as well as patient associations globally, booknowmed.com is a true solution for patients, wishing to travel for medical purposes and experience customized, high-quality services at competitive prices.

AdScanner

Seed Round in 2019
AdScanner provides data and cockpit solutions for TV advertising. It offers BUZZ, an automated notification sent to users via email with customizable TV ad parameters, such as competitor ads, own ads, and campaign thresholds; REPORT, a weekly or monthly update—received via email and containing data for a defined set of competitors visualized in a PPT or PDF file; and COCKPIT, a dashboard integrating data from its own TV ad monitoring with audience measurement KPIs based on representative IPTV households, as well as incorporates client-owned and third-party data streams in order to show correlations. The company was founded in 2012 and is based in Zagreb, Croatia.

City Expert

Seed Round in 2017
City Expert Global d.o.o. operates an online platform for the renting and sale of properties. The company focuses on the advertising and agency real estate sector. It provides property information, such as professional images, maps, and videos of various properties, such as apartments, apartment in a house, houses, business spaces, and extensions. The company also provides brokerage services in the lease of real estate. City Expert Global d.o.o. was founded in 2015 and is based in Belgrade, Serbia.

Uhura Solutions

Seed Round in 2022
We help financial institutions speed up review and decision-making processes significantly by using an AI platform that streamlines the process of analyzing and drafting contracts and agreements. We use cutting-edge AI technologies such as vision processing to read contracts and natural language processing to understand the meaning. We are focused on providing contract intelligence for financial services, developing AI specifically suited for the financial contracts and agreements.

Labbox

Seed Round in 2021
Labbox delivers engineering kits with projects kids love to build to inspire them for engineering. Through a subscription-based business model, Labbox delivers kits on monthly basis that unlock hands-on opportunities for kids to engage with electronics and engineering. Labbox has developed a new library of electronics that enables kids to tinker with and learn the science behind electronics and engineering. The educational journey is driven by the gamified platform that engages kids in monthly activities that are part of each box.

Cognism

Seed Round in 2017
AI tools for extracting sales and recruitment leads from big data

AdScanner

Seed Round in 2021
AdScanner provides data and cockpit solutions for TV advertising. It offers BUZZ, an automated notification sent to users via email with customizable TV ad parameters, such as competitor ads, own ads, and campaign thresholds; REPORT, a weekly or monthly update—received via email and containing data for a defined set of competitors visualized in a PPT or PDF file; and COCKPIT, a dashboard integrating data from its own TV ad monitoring with audience measurement KPIs based on representative IPTV households, as well as incorporates client-owned and third-party data streams in order to show correlations. The company was founded in 2012 and is based in Zagreb, Croatia.

TradeCore

Seed Round in 2018
TradeCore is a multi-product and full-service FinTech company developing unique tools for brokers and financial service providers.

Sentinel Marine Solutions

Venture Round in 2017
Sentinel Marine Solutions provide a quick and easy overview of the boat’s position and vital onboard systems for private boats and charter fleets.

Hunch Insights

Seed Round in 2017
We help businesses acquire and grow their customers online. We build innovative technology on top of the most important digital platforms like Facebook, Instagram, Adwords, Twitter and LinkedIn and use that technology to make brands and agencies wildly successful with their social and video advertising. Why? Because, acquiring customers online is becoming and increasingly complex and expensive experience. The gap between what ads your users want to see and what ads they are actually served remains large. We help our customers bridge that gap. Hunch is on a mission to help businesses deliver an automated, optimized, and personalized customer journey through latest advertising technology and processes.

Labbox

Seed Round in 2020
Labbox delivers engineering kits with projects kids love to build to inspire them for engineering. Through a subscription-based business model, Labbox delivers kits on monthly basis that unlock hands-on opportunities for kids to engage with electronics and engineering. Labbox has developed a new library of electronics that enables kids to tinker with and learn the science behind electronics and engineering. The educational journey is driven by the gamified platform that engages kids in monthly activities that are part of each box.

Molo

Seed Round in 2019
Molo is a SaaS platform for the boating industry. We transform the way marinas, yacht clubs, and shipyards operate, by managing customers, vessels, reservations, service, slip availability, accounting integration, and payment processing. Our technology helps marine businesses increase their revenue, decrease administrative burden, and better engage with their customers.

Orgnostic

Pre Seed Round in 2020
Orgnostic is the human capital analytics platform for startups. Orgnostic provides investors and leadership teams with high-quality organizational insights that link organizational dynamics with companies’ bottom lines, creating better and more sustainable businesses for the new economy.

Workpuls doo.

Seed Round in 2016
Workpuls doo. develops an automatic employee time tracking software. The company allows users to determine least productive employees; track employees’ presence and activities; eliminate wasted time; and optimize organization's workflow and teams. It also allows users to track activities of employees working in remote offices or at homes; plan workflow; and generate reports. The company was founded in 2016 and is based in Belgrade, Serbia.

drytools

Series A in 2016
drytools is an information tech company that power tools for software development professionals. The company create high quality enterprise grade applications faster than ever before.

Cognism

Seed Round in 2018
AI tools for extracting sales and recruitment leads from big data

ConveyIQ, Inc.

Series B in 2018
ConveyIQ, Inc provides a cloud-based candidate engagement platform, which allows recruiters and employers to screen and communicate with candidates using video technology. The company was incorporated in 2010 and is based in New York, New York. As of August 26, 2019, ConveyIQ, Inc. operates as a subsidiary of Entelo, Inc.

DaiBau

Series A in 2019
Saas, marketplace, construction, real estate

InPlayer

Series A in 2017
InPlayer is the next generation video and digital asset monetization platform. Founded in 2010 (as Invideous Limited), our mission is to make our clients more money from their library of online media assets, be they live, recurring or on-demand. To date we have managed millions of dollars in transactions, making thousands of live events profitable. 24 hours a day, around the world, we process valued content for over 100,000 clients’ subscribers. We may be an industry leader, but we have only achieved this through a policy of continuous investment in our technology and people. Committed to innovation, we are able to support payments on any platform, with any device, and in many currencies. Our clients enjoy the flexibility of either using our self-serve solutions or challenging us with a bespoke request for special events.

letz.do

Seed Round in 2016
Letz is a multiplatform productivity app that strives to make your life easier and make you enjoy productivity. Lucy is one of the Letz characters who uses her brilliant AI and keeps track of your daily activity. She keeps you productive and knows what exactly to send you and when. By using Letz you will experience being productive and never forget what is left to do. Letz is extremely easy to use. On the other hand, Lucy is always there. She never forgets about you even though you sometimes forget about her.

Labbox

Seed Round in 2018
Labbox delivers engineering kits with projects kids love to build to inspire them for engineering. Through a subscription-based business model, Labbox delivers kits on monthly basis that unlock hands-on opportunities for kids to engage with electronics and engineering. Labbox has developed a new library of electronics that enables kids to tinker with and learn the science behind electronics and engineering. The educational journey is driven by the gamified platform that engages kids in monthly activities that are part of each box.

DaiBau

Series A in 2021
Saas, marketplace, construction, real estate

Agremo Ltd.

Seed Round in 2018
Agremo Ltd. operates cloud based software platform for drone operators, growers, and agronomists. The product collects data through drones, generate 2D maps, analyze images with various algorithms, and create reports. It can be used for plant counting, plant health monitoring, field management, plant stress analysis, weed analysis, pest analysis, plant disease analysis, water stress analysis, and flowering estimator. Agremo Ltd. was founded in 2015 and is based in Belgrade, Serbia.

Entelo

Venture Round in 2019
Entelo applies intelligence to big data to help modern recruiters find, qualify, and acquire talent. Today over 600 customers of all sizes and industries trust Entelo to provide their talent acquisition teams with higher candidate engagement, actionable insights, and increased productivity. To learn how leading companies such as Capital One, Cisco, Facebook, GE, Genentech, Netflix, Northrop Grumman, and Target are building their organizations using Entelo, visit www.entelo.com.

Cognism

Series B in 2019
AI tools for extracting sales and recruitment leads from big data

City Expert

Seed Round in 2016
City Expert Global d.o.o. operates an online platform for the renting and sale of properties. The company focuses on the advertising and agency real estate sector. It provides property information, such as professional images, maps, and videos of various properties, such as apartments, apartment in a house, houses, business spaces, and extensions. The company also provides brokerage services in the lease of real estate. City Expert Global d.o.o. was founded in 2015 and is based in Belgrade, Serbia.

Uhura Solutions

Pre Seed Round in 2019
We help financial institutions speed up review and decision-making processes significantly by using an AI platform that streamlines the process of analyzing and drafting contracts and agreements. We use cutting-edge AI technologies such as vision processing to read contracts and natural language processing to understand the meaning. We are focused on providing contract intelligence for financial services, developing AI specifically suited for the financial contracts and agreements.

Videobolt d.o.o.

Seed Round in 2019
Videobolt d.o.o. operates as an online video making platform, which includes professional video designs and customization. It includes motion graphics, online video creation services, and application program interface solutions. The company was founded in 2016 and is based in Belgrade, Serbia.

Content Insights

Seed Round in 2018
Helping online publishers evaluate, benchmark and rank content and authors' performance across platforms and languages

CUBE Team

Series A in 2017
CUBE Team is a local company that operates in the field of business information whose mission is to promote the use of modern techniques and tools, whose application to come up with quality information, which are distributed to clients in order to increase the efficiency of decision-making and to increase their sales.

Content Insights

Seed Round in 2017
Helping online publishers evaluate, benchmark and rank content and authors' performance across platforms and languages

CustomSell

Seed Round in 2018
CustomSell is an easy-to-use artificial intelligence platform that can put a big chunk of your sales process on autopilot. Just think of CustomSell as a fully-automated sales & marketing department for your business. After we help you set it up, it'll turn web traffic into leads and follow-up with them individually and intelligently until they become customers

Agrivi

Seed Round in 2016
AGRIVI is a global agritech company that supports agri-food value chain with digital agriculture technologies. AGRIVI's market leading farm management platform is used by customers in 100+ countries.

LeanPay

Seed Round in 2019
LeanPay is a app for online purchases in installments and arrange repayments without visiting the store.