SpeedUp Innovation

SpeedUp Innovation is a venture fund based in Poznan, Poland, focused on investing in early-stage companies and startups that have already validated their business hypotheses. The fund targets a diverse range of industries, including e-commerce, mobile technology, software as a service (SaaS), life sciences, clean technology, and healthcare. SpeedUp Innovation aims to support enterprises and entrepreneurs primarily in Central and Eastern Europe, helping them scale their innovative solutions for global markets. The investment strategy typically spans a 3 to 8-year horizon, with a keen interest in cutting-edge technologies such as machine learning, artificial intelligence, and the Internet of Things (IoT). The fund seeks to empower its portfolio companies by providing the necessary capital and resources to accelerate their development and growth.

Tomasz Czapliński

Managing Partner

Kuba Dudek

Managing Partner

Marcin Jan Fejfer

Managing Partner

Bartlomiej Gola

General Partner

Robert Grygorowicz

Investment Associate

Michal Lehmann

Managing Partner

Krzysztof Pawlak

Investment Associate

Arkadiusz Piechocki

Managing Partner

Monika Synoradzka

Managing Partner

Jagoda Zychlewicz

Investment Associate

Past deals in Poland

Hintech

Seed Round in 2022
Hintech operates a marketing platform called Podhash, which specializes in connecting users with a vast array of podcasts. The platform allows users to filter podcasts by various criteria, such as category and language, making it easier to find content that meets specific interests. In addition to its podcast services, Hintech has developed a natural language processing model that analyzes call recordings from call centers and mobile operators. This technology extracts valuable insights from these recordings and generates comprehensive reports that include analyses, problem summaries, and evaluations. By leveraging these capabilities, Hintech aims to enhance customer experience and improve service quality for businesses.

VersaBox

Seed Round in 2020
VersaBox Sp. z o.o. develops, designs, builds and programs customized industrial and laboratory devices that meet specific needs of their Clients. The company was incorporated in 2013 and is based in Warsaw, Poland.

DevSkiller

Venture Round in 2020
Devskiller is a developer screening and online interview platform powered by RealLifeTesting™ methodology. The tool allows you to find developers with the right skill set, shortening your Time-to-Hire by 60%. Our programming tests mirror the 1st day of work experience to identify top performers. They go beyond testing languages by testing frameworks, libraries, and databases. We make sourcing easier with both the proven method we teach in our technical recruitment course and the tools we provide to conduct hackathons.

Prodio

Seed Round in 2020
Easy to use production planning and calculation- software created for small manufacturers. If you are tired of complicated ERP production systems and you are looking for a user friendly software to plan your production, monitor and calculate everything with ease, we have something ideal for you.

Reef Factory

Pre Seed Round in 2019
Reef Factory sp. z o.o. is a Polish company that specializes in manufacturing sensors and controllers for monitoring reef aquariums. Established in 2017 and located in Osielsko, the company provides a range of innovative products designed to enhance the care of marine life. These include temperature control devices, thermometers with smartphone connectivity, TDS meters, automatic water refill systems, liquid level sensors, and salinity monitors. Additionally, Reef Factory offers LED lamps for optimal coral conditions, protein skimmers that notify users when maintenance is needed, remote-controlled dosing pumps, and pH monitors. The company's smart online system enables aquarists to easily manage their marine tanks by integrating various devices through an application, automating many aspects of aquarium maintenance for improved efficiency.

RealEye

Pre Seed Round in 2019
RealEye is an online webcam eye-tracking platform that optimizes UX and discovers the unconscious behavior of users. The SaaS platform enables the owner of a website to track its website visitors’ eye movements through webcam tracking. It records the visual activity of visitors on websites (landing pages, posters, flyers, etc.) and returns results in the form of playable heat-maps of single and aggregated results. Adam Cellary and Damian Sromek launched the platform in Poznan, Wielkopolskie in 2017.
Heavy Kinematic Machines Sp. z o.o. develops and delivers a system to handle and accurately take information about strength training. It offers SOLO, a workout tracking system that enables to monitor progress supported by perfectly accurate data, create personal training plan, record training performance, monitor training progress in real time, including completed and planned exercises, create healthy habits and review training history, analyze performance in detail and track progress with personal trainer, share immediately achievements with friends and compare results and personal best, as well as precise insights, charts, and data analyzers. The company’s application supports stack strength machines and barbells and dumbbell. It serves gym owners, equipment producers/distributors, personal trainers and fitness enthusiasts. The company was founded in 2017 and is based in Komorów, Poland.

bNesis

Seed Round in 2017
bNesis operates in the technology sector, focusing on developing an API platform that facilitates the integration of various services for its users. By creating a unified API, bNesis enables seamless data transfer from multiple sources, including payment systems, eCommerce platforms, social media, and credit bureaus. This integration simplifies the process for financial institutions, allowing them to automate credit applications and improve the accuracy of their scoring systems. Users can easily apply for credit online, providing access to their financial data through a few simple steps. The platform analyzes this data using multiple scoring engines, resulting in quicker credit decisions and enhanced accuracy. bNesis’s solutions not only save time and resources on integrations but also help banks reduce bad debts and improve their overall income. The company is headquartered in L'Eliana, Spain.

NeuroGames Lab

Pre Seed Round in 2017
NeuroGames Lab Sp. z o.o. is the tech startup based in Warsaw (PL) with HQ at the Cambridge Innovation Center (CIC Warsaw), collaborating with banks and insurers to help them reach their greatest potential on the market by creating an innovative HR solution - GameHR Sales. Founded in 2017, NeuroGames Lab Sp. z o.o. is recognized as a top FinTech & HRTech in Poland. We believe in the power of merging the scientific findings and new technologies with business reality. We merge the neuroscience, psychology, gamification and artificial intelligence to solve the real business problems on the market. Our mission is to give our clients (mainly banks and insurers) the unique and validated tools that will deliver real value in the long run. Winner of the "Żagle Biznesu SGH" business competition for the most intelligent and innovative product. Alumnus of the Huge Thing and the Warsaw Booster acceleration. Alumnus of the MIT Enterprise Forum Poland acceleration. Member of the CIC (Cambridge Innovation Center in Warsaw). Product: GameHR Sales. Winner of the Warsaw Booster finals at the Warsaw Stock Exchange (GPW). Winner of the Polish Innovation Prize 2020&2021 (GRAND PRIX), organized by the Polish Entrepreneurship Agency. Featured in Forbes December 2021 edition as well as in many other business media and TV. Startup backed by: SpeedUp Venture Capital Group, founders, Alior Bank, PARP & NCBiR. Currently fundraising from VCs / CVC & Business Angels (co-investment).

BillTech

Non Equity Assistance in 2017
BillTech is an easy and simple app that aggregates all your bills in one place, and, depending on what kind of person you are, lets you either fully automate bill payments or pay with a single click.

Omni3D

Series A in 2016
Omni3D is a Polish manufacturer of 3D printers and hardware. It offers Omni3D Factory 2.0 Production System, an industrial 3D printer, as well as a range of other printing solutions. Omni3D was founded in 2013 and is based in Poznan, Poland.

LiveCall

Pre Seed Round in 2016
LiveCall Software sp. z o.o., based in Warsaw, Poland, specializes in designing and developing SaaS-based callback software. The company's flagship product, LiveCall, serves as an inbound sales calls platform that efficiently connects sales managers with potential customers through automated calls. This solution addresses the significant issue of lost inbound calls, which many businesses experience, often losing up to 50% of potential leads. By utilizing LiveCall, businesses can achieve notable improvements in sales call conversions, reporting increases of 30-120% without the need for additional traffic. The platform is compatible with various devices, including smartphones and tablets, and has gained popularity across multiple industries such as travel, insurance, finance, automotive, and utilities, with measurable results often seen within a week of implementation.

Cloud Your Car

Seed Round in 2015
[Fleet management made simple. Finally.](http://cloudyourcar.com) [Cloud Your Car](http://cloudyourcar.com) is a Internet of Things startup. Cloud Your Car is a SAAS based on a custom, state of art, piece of hardware. The Car Plug is an activity tracker that fits a standard cigarette lighter socket sending live data through 3G. Works 24/7 unattended. Car Plug is a driving coach, teaching defensive driving rules through instant feedback whenever inefficient driving behavior was detected.

StethoMe

Pre Seed Round in 2015
StethoMe, an AI startup focussed on the world of healthcare and telemedicine. StethoMe is the first system that detects abnormalities in the respiratory system. StethoMe relies on medical AI algorithms (CE 2274) working together with a wireless stethoscope and dedicated application. The electronic StethoMe stethoscope is a precision medical device intended for performing auscultation of the respiratory system and heart. The stethoscope connects to the smartphone via Bluetooth and enables making high quality recordings of auscultation sounds in a dedicated application. After the examination is finished, the sounds recorded are sent to the physician’s audiovisual panel where a unique sound StethoMe AI analysis preview is provided. StethoMe AI is the certified medical system intended for sound analysis supporting the diagnostic process. The system relies on artificial intelligence algorithms. It maximizes the treatment efficiency and increases the reliability of diagnosis. StethoMe AI detects pathological sounds in the respiratory system of children with high accuracy and provides information automatically about respiratory and heart rates. StethoMe ensures also control over examination quality thanks to it can be used by both patients at their homes and by medical centers that provide telemedicine services. The device and AI algorithms have been certified in EU as a class 2a medical device (CE2274). The StethoMe project can be implemented thanks to the trust of investors - SpeedUp Group, Programa.pl, TDJ Pitango Ventures and Manta Ray VC. Main achievements: - Baillie Gifford Discovery Competition - Winner, 2019 - EC2VC Pitch Competition - Winner, 2019 - IOT/WT Innovation World Cup, Healthcare - Winner, 2018 - Startup World Cup & Summit - European Winner, BioTech Award, 2018 - CESawards - Best Social Impact Startup, Best Newcomer, 2017 - Future X Healthcare start-up Award - 3rd Place Winner, Audience Award, 2017 - Hardware Massive CEE - Winner, 2017 - Philips Innovation Challenge - Champion Award, 2016

Symu.co

Series A in 2015
Symu.co sp. z o. o. is a company based in Warsaw, Poland, that specializes in an online video review and client approval platform tailored for web designers. Founded in 2013, Symu.co offers a user-friendly tool that enables designers to showcase prototypes of their websites directly through an internet browser. This platform facilitates the presentation of design projects, allowing for efficient client feedback and approval processes.

InStream

Seed Round in 2015
InStream is the relations management platform which was created as a CRM alternative for customer-focused companies. Our platform gathers all information about your customers in one place. It’s simple but flexible tool which can be integrated with any mailbox, social media, and business management tool. What's more, InStream is not only focused on sales processes, but also on every kind of business communication (incoming and outgoing phone calls, emails, etc.). When average CRM’s require keying manually the data, InStream automatically monitors all users actions, suggest what has to be done and monitors the communication in order to shorten the time within each process. It is not just another CRM – but a tool that will keep your team InStream.

Survicate

Seed Round in 2015
Survicate is a customer feedback platform specifically designed for small and medium-sized businesses. It provides a comprehensive suite of solutions, including targeted website surveys, user-initiated feedback widgets, one-click email surveys, NPS email surveys, and questionnaires. By utilizing this tool, businesses can gather customer feedback across various digital touchpoints, enabling them to gain valuable insights. Survicate's platform allows for tracking the customer experience over time and facilitates automated reporting, ensuring that companies can effectively manage customer interactions at all levels. This capability helps organizations reduce churn, enhance customer loyalty, and better address the needs of their clientele.

ZenCard

Seed Round in 2014
ZenCard Sp. z o.o. operates a real-time loyalty redemption platform that enhances traditional payment cards by transforming them into universal loyalty and rewards cards. Founded in 2013 and based in Warsaw, Poland, the company provides a solution that allows retailers to implement loyalty programs through existing payment systems. By installing a small software component on their payment terminals, retailers gain access to a web panel where they can create targeted marketing campaigns based on consumer purchase behavior. ZenCard's platform empowers retailers to have full control over their loyalty offerings, streamlining the process of engaging customers and enhancing their shopping experience. As of January 2017, ZenCard operates as a subsidiary of Powszechna Kasa Oszczednosci Bank Polski Spólka Akcyjna.

UBS Zurich

Seed Round in 2014
We're reconnecting mobile people to the real world with Geos - an operating system for businesses and governments to create indoor navigation and to manage smart sensors. Geos features: - Out of the Box solution, - Sensors agnostic management platform, - Multi-floor indoor navigation, - Personalized notifications to mobile users, - Behavioral analytics, - No programming skills required, Geos is particularly used by city authorities who wants to give access to urban services for their residents. The City of Warsaw has commissioned Ifinity to carry out a Virtual Warsaw project based on Geos with three implementations: - Indoor navigation system in the Warsaw Center for the Disabled - Public buses real-time schedules available on mobile - Educational context-aware paths in one of city districts As an outcome of implementation City of Warsaw was awarded with prestigious Mayors Challenge Prize winning $1M Euro and plans to run $15M worth implementations.

Paymento S.A.

Seed Round in 2014
Company Paymento SA was created in response to market demand for products in the comprehensive service e-commerce transactions on the Internet, and payments in payment terminals pos. Its shareholders are investment funds, and private individuals, for many years associated with the financial market and e-commerce. A team of top class, their knowledge, extensive experience and knowledge of the market, guarantee product quality services. The company’s activity focuses on B2C services. We offer comprehensive solutions for e-commerce: online payment service by payment cards using advanced technical solutions, e-transfers, alternative forms of payment such as. in. bitcoin, stationary and mobile, POS payment terminals, transaction risk assessment systems(Protcard ™ authoring system), and marketing and advertising tools to support sales and conversion. The company’s goal is to provide the highest level, allows to provide for flexible solutions and maximum safety both the consumer, making the payment by card such as Visa, MasterCard, American Express, Diners Club on the Internet and POS terminals. Monitoring of transactions with the risk assessment, transaction support, analysis and audits, PCI DSS certification that a services, which Paymento S.A. provides its customers around the world. Developed and implemented by us system Protcard ™ was developed by experts in the field of safety card transactions. The multiannual, practical experience allowed to develop world-class product offering what is most important – safety. Products offered by us meet all the most stringent safety standards – which is confirmed by PCI DSS. Paymento SA is registered by Mastercard Worldwide as Authorized Vendor and Member Service Provider, and by the organization of payment Visa as Merchant Agent, and Visa Europe Agent.

Mustache Warsaw

Seed Round in 2014
Mustache Warsaw owns and operates an online retail site. It operates mustache.pl, a platform that enables creators to register online, add their products, and sell them. Mustache Warsaw’s tools allow creators to collect payment; arrange delivery of their products to customers; make their products available for purchase through an application and a Website for mobile appliances, with Its headquarters in Warsaw in Poland. It operates as a subsidiary of 4fun Media as of October 25, 2018.

BUY.BOX

Seed Round in 2014
BUY.BOX is primarily Price Comparison site which shortens the way of a customer to the online store. It gives him the opportunity to find the cheapest deal already on the site, where a description or review of a product is without the need for traditional visit to a price comparison sites or browsing directly listings of online stores in search of the most favourable offer. For web site owners BUY.BOX is an element enriching their website or blog with attractive functionality, and thanks to the high CTR ratio and conversion rate is an additional attractive source of income. For online stores BUY.BOX is an excellent channel to promote and sell their products and services. We provide them with high-quality​ traffic.

Transparent Data

Seed Round in 2014
From tech-driven company data solutions to API creation, legacy systems rescue & integrations - Transparent Data acquires and integrates data about companies and entrepreneurs from more than 100+ jurisdictions and implements complex software projects, ensuring full data interoperability. This way it helps businesses with digital transformation, risk management & AML. Transparent Data is a member of the Federation of Business Information Services FEBIS and maintains ISO/IEC 27001 certificate. COMPANY DATA PROVIDER Company information done right. Provides reliable real-time data to help companies manage their risks & strengthen overall decision ability. Designs and implements data solutions which unify business data from multiple official business registers and other open as well as proprietary sources: - Data coverage: official business registers from 100+ jurisdictions (i.e.: Poland, Czech Republic, Slovakia, Estonia, Finland, Norway, Denmark, UK) + global Sanction Lists & PEP Lists - Data access: API, desktop & web applications Most common use-cases: - KYC/AML - On-boarding & entity verification (plus automation) DATA SOFTWARE SERVICES Transparent Data team represents a unique combination of rock solid technology and huge experience in working with data. They specialise in: - Input & output API creation - Desktop & web applications creation - Data collection & delivery - Data processing & merging Most common use-cases: - Rebuilding monolithic systems for fast and light microservices - Obtaining data from problematic sources limited by Captche and difficult databases (e.g. archaic legacy systems) - Data hygiene and/or enrichment - Data science (e.g. risk models) Transparent Data supports digital transformation by efficiently automating complex processes and shortening hours of searching and analyzing data to several minutes.

Fanpoint

Seed Round in 2013
Fanpoint s.c. delivers applications for creating professional and attractive fanpages on Facebook. Its applications helps in organizing competitions and contests; offering coupons; posting offers, menus, catalogs, and flyers; and displaying pictures or movies in high definition. The company’s applications also provide customized appearance, intuitive control panel, and support. Fanpoint s.c. is based in Poznan, Poland.

Stick and Play

Seed Round in 2013
Stick and Play Sp. z o.o. is a Polish company that specializes in creating branded games which can be played directly within the Facebook News Feed. By providing a user-friendly platform, Stick and Play enables brands and developers to customize their games according to specific needs, enhancing audience engagement in a novel manner. Users can choose from a variety of game templates, adjusting graphics, mechanics, and fonts to align with their branding. The service facilitates the sharing of games across Facebook, including in news feeds, comments, and timelines, thus broadening their reach. Stick and Play also offers tools to monitor campaign performance, track player scores, and analyze engagement metrics. This approach allows companies to effectively drive brand awareness through interactive experiences and competitions, integrating seamlessly with Facebook's social features. Overall, Stick and Play provides an innovative solution for brands looking to engage their audience through interactive gaming on social media.

Starbroker

Seed Round in 2013
Odwracamy proces współpracy z agentami nieruchomości, teraz to Ty decydujesz kto otrzyma Twoje dane kontaktowe i kto do Ciebie zadzwoni. Otrzymujesz oferty współpracy od sprawdzonych pośredników z najlepszych agencji i wybierasz najkorzystniejsze warunki.

Omni3D

Seed Round in 2013
Omni3D is a Polish manufacturer of 3D printers and hardware. It offers Omni3D Factory 2.0 Production System, an industrial 3D printer, as well as a range of other printing solutions. Omni3D was founded in 2013 and is based in Poznan, Poland.

UsabilityTools

Seed Round in 2013
UsabilityTools was created by User Experience Designers fed up with web testing apps providing partial solutions. The core value of UsabilityTools is combining power of remote usability research with lean philosophy. Secondary goal of co-founders was to make usability testing affordable for every researcher either amateur or professional. UsabilityTools platform comprises two main parts: Conversion Suite Click Tracking - Visualize clicks and mouse moves, discover which areas draw visitors’ attention and which go unnoticed. Form Tester - Learn how visitors interact with each field and find out which steps in the process cause dropouts. Visitor Recording - See your website from the users' perspective and learn from their behavior. Capture every mouse move, click and keystroke. Feedback Form - Increase visitors’ satisfaction by discovering how your website can meet their needs. User Experience Suite Click Testing - Ask respondents about your visual designs. Gather feedback on specific areas of your layouts or marketing creations. Web Testing - Find improvement opportunities by testing the usability on large numbers of people. Card Sorting - Build successful information architecture that helps people navigate through your content easily. Survey - Engage the respondents and get rock-solid data in real time.

Absolvent

Seed Round in 2012
Absolvent operates a social recruitment platform for students and graduates. It was founded in 2012 and is based in Warsaw, Mazowieckie.

Ortopedio.pl

Seed Round in 2011
Ortopedio.pl Sp. z o.o. operates an online portal for the sale of physiotherapy, orthopedic and medical devices. The company was incorporated in 2011 and is based in Torun, Poland. As of January 4, 2016, Ortopedio.pl Sp. z o.o. operates as a subsidiary of Neuca Spolka Akcyjna.

BookLikes

Seed Round in 2011
BookLikes - book-based social service that recommends great books based on your reading preferences. It’s a complete website for book-lovers. BookLikes gives only individualized book recommendations, books that really define you. New kind of social algorithm takes into consideration users’ reading preferences, general book information and category it belongs to as well as individual social experience. Due to that unique solution we give BookLikes members great personalized book recommendations even from newly entered book category.

Fusion Sheep

Seed Round in 2011
We want to build best possible remote control. Which will know you and your social network. It will know what you really are, and suits your mood. It knows what you're watching and offers you more than just TV.

Recognize.im

Seed Round in 2011
iTraff Technology Sp. z o.o. was founded in 2010 as an initiative of Arkadiusz Skuza, Wojciech Radomski, Paweł Elbanowski and Marcin Szajek. The company empowers mobile and web developers to utilize the Image Recognition Technology with Recognize.im API. Recognize.im API allows businesses to quickly build image recognition into their own mobile and web applications. The setup is quick: upload your reference pictures to Recognize.im, and use the ready-made code available on the website. In a few minutes your platform will feature a built-in image recognition technology. This type of solution promotes genuine customer engagement and sales carried out via the mobile channel in virtually any consumer-facing industry. Recently, the Recognize.im Team has been focusing on supporting merchandising with image recognition technology by providing a special recognition mode that enables locating products on shop shelves. The idea is to enable real-time monitoring of shelf contents with unparalleled precision, thanks to which it will be possible to obtain various kinds of reports, such as compatibility planograms or comparisons to the competition. In addition to the above, hardware support for the described algorithmic engine is being prototyped in the form of a network of simple, low-cost devices installed on premises, enabling constant monitoring of the products in stores. So far technology developed by iTraff technology has enabled the creation of many applications in the fields of e-commerce, publishing, advertising, or affiliated with major brands. Partnership projects are carried out with companies like Evernote or Facebook. The company has also collected a number of awards for its implementations, including competitions in the United States, Austria, Finland, Greece, Poland and Belgium (including the prize awarded by the European Commission Commissioner for the Digital Agenda, Neelie Kroes).

Okazjum.pl

Seed Round in 2010
Okazjum sp. z o.o. operates an online portal which provides promotional offers from shops, super markets, and hypermarkets across Poland. The company is based in Szczecin, Poland. As of October 7, 2015, Okazjum sp. z o.o. operates as a subsidiary of Grupa Interia.pl Sp. z o.o. sp. k.

Smartzilla

Seed Round in 2010
Smartzilla Sp. z o.o., based in Katowice, Poland, specializes in the development of mobile applications and mobile websites for various platforms, including Android, iOS, and Windows phones. The company creates a diverse array of mobile applications, such as shopping solutions, digital press, city guides, mobile games, and entertainment apps, catering to business, government, and advertising needs. In addition to application development, Smartzilla provides user experience design, mobile advertising services, and consulting to enhance mobile engagement. Their expertise encompasses interface design for a range of devices and software applications, positioning Smartzilla as a comprehensive provider of mobile solutions.

IC Solutions

Seed Round in 2009
IC Solutions sp. z o.o. provides implementation services for information technology (IT) projects. It specializes in providing computing environments. The company offers IT security, software development, and hardware installation services; and installation and repair services for voice over Internet protocol appliances. The company was incorporated in 2009 and is based in Poznan, Poland.

Legimi

Seed Round in 2009
Legimi is a Polish online bookstore specializing in eBooks and audiobooks, offering a subscription model similar to popular digital entertainment services like Spotify and Netflix. The platform provides access to a diverse collection of books, magazines, and blogs, catering to the reading preferences of a wide audience. Legimi also develops cloud-based reading applications compatible with various devices, including smartphones, tablets, e-readers, and computers, enabling users to read and listen to content seamlessly across different platforms.