South Central Ventures

South Central Ventures is a venture capital firm established in 2015, based in Belgrade, Serbia, with additional offices in Zagreb, Croatia, and Skopje, Macedonia. The firm specializes in investments in early-stage, high-growth technology companies within the Balkans, particularly focusing on sectors such as Information and Communications Technology, SaaS, mobile, IoT, HealthTech, and FinTech. Through its Enterprise Innovation Fund, which has a total of €40 million dedicated primarily to early and growth stage investments, South Central Ventures allocates resources for seed investments of up to €100,000 per company, with a larger portion reserved for early and growth stage investments of up to €3 million per company. The firm seeks to invest in small and medium enterprises with strong management teams, typically acquiring stakes between 25 and 49 percent, aiming to support the international expansion and growth of promising tech startups.

Jan Kobler

Managing Partner

Tatjana Zabasu Mikuz

Managing Partner

Jure Mikuž

Managing Partner

Tanja Pantic

CFO

Pedja Predin

Investment Manager

63 past transactions

Cognism

Private Placement in 2018
AI tools for extracting sales and recruitment leads from big data

Alchemy

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.

Bulb

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.

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

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.

AdScanner

Private Placement 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.

SOCASH

Private Placement in 2019
SoCash is a digital platform that sits at the intersection of cash and digital payments. Its platform enables cash circulation without the need for ATMs, Cash logistics and branches. SoCash product roadmap covers the spectrum of cash - Withdrawal, Deposits, and conversion. The company was founded in 2016 and is operational in Singapore, Indonesia and Malaysia.

DATAINFO.SI, d.o.o.

Private Placement in 2019
DATAINFO.SI, d.o.o. provides legal and business consultancy services related to GDPR and other personal data protection. The company was founded in 2018 and is based in Maribor, Slovenia.

Insihgtful

Private Placement in 2020
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.

Insihgtful

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.

Agrivi d.o.o.

Private Placement in 2016
Agrivi d.o.o. develops software for agricultural industry. The company was incorporated in 2013 and is headquartered in Kutina, Croatia. Agrivi d.o.o. operates as a subsidiary of Agrivi Ltd.

Cognism

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

ConveyIQ

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

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.

Agremo

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.

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.

Leanpay

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

Pixyle.ai

Seed Round in 2022
Pixyle B.V. designs and develops artificial intelligence based image recognition software that enables fashion retailers to offer good online customer experiences. Its software helps shoppers navigate e-commerce sites using images instead of text. The company offers AI solutions, such as visual search, similar recommendations, automatic tagging to a fully customizable business intelligence, and data visualization platform. Pixyle B.V. was founded in 2017 and is headquartered in 's-Hertogenbosch, the Netherlands.

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.

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.

Cognism

Private Placement in 2018
AI tools for extracting sales and recruitment leads from big data

Agremo

Private Placement 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.

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.

Content Insights

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

Hunch

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.

ConveyIQ

Private Placement 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.

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.

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.

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.

Content360 Ltd.

Private Placement in 2018
Content360 Ltd. develops and operates a web analytics platform for data-driven evaluation, ranking, and comparing of authors and content performance across Websites. It allows author to make data informed decisions and deciding pay package based on the performance. The tool also offers easy to act on metric which provides insight into author's contribution to the success of the Website. The company was founded in 2014 and is headquartered in Sofia, Bulgaria. As of May 19, 2020, Content360 Ltd. operates as a subsidiary of SmartOcto.

OM3GA SOLUTIONS

Private Placement in 2019
OM3GA SOLUTIONS doo provides online marketing solutions for clients around the world. The company offers a range of services in design, digital marketing, and advertising. Its services include web design, visual identity, Facebook campaigns, and video marketing. The company was incorporated in 2017 and is based in Pljevlja, Montenegro.

Cognism

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

Agremo

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.

booknowmed.com

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.

Cognism

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

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

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.

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.

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.

TradeCore

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

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.

DaiBau

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

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

Labbox

Private Placement in 2019
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.

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.

Videobolt

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

57hours

Seed Round in 2022
We know how thrilling and exciting it is to make that first ascent, or ski in fresh powder. We also know how difficult it can be to find the right guide to be there with you every step of the way. 57hours was founded by tech-driven outdoor enthusiasts who wanted to make it easy for anyone to enjoy the great outdoors with the company of expert, local guides. We are your liaison to your next adventure, with 57hours you can seamlessly discover expert guides and book amazing adventures throughout the US and in select international destinations at your convenience. No matter the season, no matter the skill level, there's an adventure for everyone with 57hours.

Mily Technologies

Pre Seed Round in 2023
Everyone likes to get a package. However, delivery doesn't always go as planned. At Mily Technologies, we take on the biggest challenges of the last-mile to help delivery carriers excel at that final step. We bring an end-to-end data-driven software solution that leverages the abundant data sources that delivery companies already possess. By using machine learning and artificial intelligence techniques, we empower delivery companies to conduct personalized, efficient, and reliable last-mile delivery. Successful delivery orchestration requires an approach that brings together people, processes, and technology. We have always had trends affecting the last-mile, but not at this speed, not in parallel, and not on a global scale. At Mily Technologies, we believe that we can change the entire last-mile ecosystem for the better through experimentation and continuous improvements.

AdScanner

Series A in 2022
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.

Leanpay

Convertible Note in 2022
LeanPay is a app for online purchases in installments and arrange repayments without visiting the store.

Eforma d.o.o.

Private Placement in 2019
Eforma d.o.o. provides a platform to match individuals, businesses, and institutions with construction companies, architects, and other professionals. The company was founded in 2015 and is based in Maribor, Slovenia.

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.