Startup Wise Guys

Startup Wise Guys is a prominent early-stage investor based in Tallinn, Estonia, recognized as one of the leading venture capital funds in the Central and Eastern European (CEE) region and the Nordics. Since its inception in 2012, it has operated a renowned startup accelerator that has supported over 165 startups, primarily in sectors such as B2B SaaS, Fintech, and Cybersecurity. The intensive three-month program aims to validate, develop, and market products to business clients, benefiting from the guidance of more than 200 mentors. The accelerator culminates in Demo Days and attendance at major tech events, providing startups the opportunity to pitch to investors. With a startup survival and success rate exceeding 77%, the program has facilitated two major exits and fosters a robust alumni network of over 145 startups across more than 40 countries. Additionally, Startup Wise Guys manages specific funds targeting investments in various sectors, including technology and clean tech, with a focus on early-stage ventures.

Alexandra Balkova

Partner

Egita Polanska

Program & Partnerships in SEE and Venture Partner in Italy

Past deals in Lithuania

Tipit

Pre Seed Round in 2022
Tipit develops a financial service technology that enables cashless tipping for customers. It provides direct tipping to employees' personal bank accounts. Tipit is based at Vilnius, Lithuania.

ZITICITY

Venture Round in 2022
Amazon raised consumer expectations to get items same-day. Soon it will be 1-hour. However, in Europe alone, 80% of e-commerce cannot offer same-day delivery. Every day businesses are losing revenue as 1 out of 4 customers abandons a shopping cart if same-day delivery is not available. ZITICITY found a scalable way to crowd-source delivery fleets in every major European city. The best part, businesses of any size can use these fleets and our technology to deliver packages in 42 minutes on average. 42 minutes! That is faster than Amazon Prime. ZITICITY is becoming the new standard for urban same-day and faster deliveries. Client profiles: food delivery companies, e-shops, grocery chains, traditional courier companies, pharmacies. Follow us as we become your favourite delivery company!

Okredo

Seed Round in 2021
Okredo is open data platform providing data and insights for sales increase and credit risk mitigation. Okredo offers services - in freemium and premium levels (freemium - free of charge, Premium - paid services). Currently we are operating in Lithuania, but we are scaling to Latvia, Poland, UK and other European countries.

VSight

Seed Round in 2021
VSight UAB, founded in 2014 and based in Vilnius, Lithuania, specializes in developing and marketing HangaarLab, an augmented reality remote support and assistance platform tailored for enterprises. This platform enhances operational efficiency by enabling remote maintenance, repair, inspection, and training processes. By integrating wearable and mobile technology into enterprise workflows, VSight facilitates real-time knowledge sharing and expert connectivity, allowing field personnel to receive immediate support from specialists. The use of video and audio communication, along with interactive manuals and advanced models, empowers companies to transform their workforce into a more intelligent and productive unit, ultimately driving improved outcomes in manufacturing and other sectors.

Ondato

Seed Round in 2021
Ondato provides photo and real-time video remote customer identification & KYC services combining artificial intelligence & machine learning engines for both legal entities and natural persons. Bank level security, national / international document database access and easy integration as well as 100% process flexibility- the key points Ondato stands out on the market with its solution

Kernolab

Pre Seed Round in 2021
Kernolab helps companies embedd financial features into their products: accounts, payments, cards, loans and more.

Watalook

Pre Seed Round in 2021
Watalook is a beauty freelancers booking platform with SaaS and marketplace. It is a mobile application that will allow you to reveal yourself and manage service orders efficiently and conveniently.

Contribee

Angel Round in 2021
Contribee operates a content monetization platform designed to assist entrepreneurs and creators in managing fan subscriptions and support. The platform provides tools that facilitate instant payouts and personal shop integration for creators, allowing them to optimize their monetization efforts and engage effectively with their audience. Additionally, it offers various payment options and a content discovery feature for fans, enabling users to access exclusive content. This comprehensive approach helps creators across diverse fields, including gaming, art, and writing, to generate profits through contributions from their supporters.

HeavyFinance

Pre Seed Round in 2021
HeavyFinance operates a crowdlending platform that connects farmers with retail and institutional investors, facilitating access to financing for agricultural needs. The platform enables farmers to secure mortgage loans backed by assets such as heavy machinery in the farming, forestry, and infrastructure sectors. It offers various benefits for both parties, including flexible repayment options and the opportunity for farmers to repay loans early without fees. Investors are presented with investment-backed assets and can expect double-digit returns, supported by risk reports, statistics, and project summaries that ensure transparency. By underwriting farmers and servicing loans, HeavyFinance creates a streamlined process for raising capital and investing in agricultural projects.

GoRamp

Seed Round in 2021
GoRamp is an online transport management system designed to centralize information exchange between all members of the supply chain – in real-time. GoRamp simplifies logistics processes by automating information flow, offering different allocation strategies to reduce costs, reducing the chance of human error and offering detailed report creation tools for logistics managers. GoRamp's dedicated team bring over 23 years of experience in Logistics & Supply Chain Management, and 14+ years in IT product development – we understand industry pain points, and how to solve them. Our goal: to provide a single cloud solution for manufacturing companies, saving time and money. And the best part? Implementing GoRamp is a 10-minute job.

InRento

Pre Seed Round in 2021
InRento is the platform allows investors to make their money work in various real estate projects.

Okredo

Pre Seed Round in 2021
Okredo is open data platform providing data and insights for sales increase and credit risk mitigation. Okredo offers services - in freemium and premium levels (freemium - free of charge, Premium - paid services). Currently we are operating in Lithuania, but we are scaling to Latvia, Poland, UK and other European countries.

PROPERENTY

Pre Seed Round in 2021
Properenty is an all in one rental process and management solution for landlords. It is the easiest way to sign agreements, onboard tenants, automatically collect rent, manage properties, track financials, and much more. Manage the entire rental process in one place from anywhere at any time.

Boomio

Pre Seed Round in 2021
Boomio aims to transform the customer loyalty landscape by addressing the limitations of existing loyalty programs, which are often outdated and difficult to access. Additionally, it offers a platform for music sharing and discovery, allowing users to send full-length licensed tracks to friends and groups easily. Users can engage in real-time messaging, follow their favorite artists, and receive updates on new music directly from the source. This innovative approach not only enhances the way music is shared but also fosters community interaction among music fans. By combining these functionalities, Boomio seeks to create a more connected and enjoyable experience for both loyalty program participants and music enthusiasts.

Kernolab

Pre Seed Round in 2021
Kernolab helps companies embedd financial features into their products: accounts, payments, cards, loans and more.

Ondato

Seed Round in 2020
Ondato provides photo and real-time video remote customer identification & KYC services combining artificial intelligence & machine learning engines for both legal entities and natural persons. Bank level security, national / international document database access and easy integration as well as 100% process flexibility- the key points Ondato stands out on the market with its solution

MANU

Pre Seed Round in 2020
Manu is a behavioral analytics company that specializes in assisting financial institutions with client onboarding and credit scoring processes. Founded in 2016 and based in Vilnius, Lithuania, Manu utilizes a behavioral data-driven AI model to profile customers, enabling institutions to identify reliable clients when they apply for loans. By leveraging personalized business decisions based on behavioral analytics, Manu aims to streamline these processes and enhance efficiency for its financial partners.

GoRamp

Pre Seed Round in 2020
GoRamp is an online transport management system designed to centralize information exchange between all members of the supply chain – in real-time. GoRamp simplifies logistics processes by automating information flow, offering different allocation strategies to reduce costs, reducing the chance of human error and offering detailed report creation tools for logistics managers. GoRamp's dedicated team bring over 23 years of experience in Logistics & Supply Chain Management, and 14+ years in IT product development – we understand industry pain points, and how to solve them. Our goal: to provide a single cloud solution for manufacturing companies, saving time and money. And the best part? Implementing GoRamp is a 10-minute job.

Dserve

Pre Seed Round in 2020
Dserve is a digital ordering solution that develops a self-service system in restaurants. It is a contactless ordering solution and increases modern technologies.

PROPERENTY

Pre Seed Round in 2020
Properenty is an all in one rental process and management solution for landlords. It is the easiest way to sign agreements, onboard tenants, automatically collect rent, manage properties, track financials, and much more. Manage the entire rental process in one place from anywhere at any time.

Watalook

Seed Round in 2020
Watalook is a beauty freelancers booking platform with SaaS and marketplace. It is a mobile application that will allow you to reveal yourself and manage service orders efficiently and conveniently.

Monevio Consulting

Seed Round in 2020
Monevio Consulting is a fintech company that provides all financial services. It enables brands to deliver embedded finance and better fintech products faster. Electronic Money Institution consulting services are Market review, Business Plan/ Go-to-Market strategy, Financial plan preparation​, IT part documentation preparation, and Human recourse Management. Bank Account Opening, Compliance, and White Labels are other banking services.

HeavyFinance

Pre Seed Round in 2020
HeavyFinance operates a crowdlending platform that connects farmers with retail and institutional investors, facilitating access to financing for agricultural needs. The platform enables farmers to secure mortgage loans backed by assets such as heavy machinery in the farming, forestry, and infrastructure sectors. It offers various benefits for both parties, including flexible repayment options and the opportunity for farmers to repay loans early without fees. Investors are presented with investment-backed assets and can expect double-digit returns, supported by risk reports, statistics, and project summaries that ensure transparency. By underwriting farmers and servicing loans, HeavyFinance creates a streamlined process for raising capital and investing in agricultural projects.

Spenfi

Pre Seed Round in 2020
Spenfi, developed by UAB Haslle, specializes in spending and expense management software solutions designed for business-to-business applications. Established in 2019 and headquartered in Vilnius, Lithuania, the company offers a comprehensive platform that integrates various financial processes, including business travel expenses, administrative expenditures, subscription management, and invoice processing. Spenfi aims to enhance financial control for organizations by enabling finance teams to track purchases from order to payment, manage vendor payments, and automate expense reporting. The software also supports onboarding, purchase approvals, and provides real-time analysis, thereby streamlining operations and reducing the time spent on repetitive tasks. With its capabilities, Spenfi helps companies define custom budgets and efficiently manage payments, ensuring a more organized approach to financial management.

Reekon

Pre Seed Round in 2020
A semi-autonomous customer service automation platform that handles e-commerce and IT customer inquiries via emails, phone calls, and live chat. Reekon identifies the type of question, analyzes the company's knowledge base, FAQs, DBs, historical data – tickets to provide the right answers; integrates with internal or 3rd party systems to perform user-requested actions and assign tasks/tickets to the most relevant live agents or engineers to deliver the best possible customer experience. Reekon helps businesses to improve key CS metrics such as inquiry deflection; average ticket handle time (AHT), costs per ticket, queues and wait time reduction, and improvement of customer satisfaction rates.

ZITICITY

Seed Round in 2020
Amazon raised consumer expectations to get items same-day. Soon it will be 1-hour. However, in Europe alone, 80% of e-commerce cannot offer same-day delivery. Every day businesses are losing revenue as 1 out of 4 customers abandons a shopping cart if same-day delivery is not available. ZITICITY found a scalable way to crowd-source delivery fleets in every major European city. The best part, businesses of any size can use these fleets and our technology to deliver packages in 42 minutes on average. 42 minutes! That is faster than Amazon Prime. ZITICITY is becoming the new standard for urban same-day and faster deliveries. Client profiles: food delivery companies, e-shops, grocery chains, traditional courier companies, pharmacies. Follow us as we become your favourite delivery company!

Ondato

Pre Seed Round in 2020
Ondato provides photo and real-time video remote customer identification & KYC services combining artificial intelligence & machine learning engines for both legal entities and natural persons. Bank level security, national / international document database access and easy integration as well as 100% process flexibility- the key points Ondato stands out on the market with its solution

Amio

Pre Seed Round in 2020
Amio s.r.o. develops the messaging application. Its product amio chat offers an application-programming interface (API) that connects to messengers and allows companies to reach the customers on any messenger. Amio s.r.o. was incorporated in 2017 and is based in Prague, Czech Republic.

kevin.

Seed Round in 2020
kevin. provides a secure and developer-friendly payment infrastructure, unlocking the benefits of Open Banking to a wide range of market players. Licensed to operate across the EEA and supervised by the bank of Lithuania, kevin.'s banking payment and account information solutions are fully compliant with the PSD2 framework and outcompete card networks on both quality and price. We are a team of 40 (and growing!) passionate people driven by our expertise, ambition, trust and sense of ownership.

Meazy

Pre Seed Round in 2020
Meazy is a company based in Vilnius, Lithuania, that specializes in developing an automated remarketing platform for e-commerce businesses. Founded in 2018, the platform focuses on creating effective retargeting strategies that engage potential customers through personalized, visually appealing advertisements. By connecting their online stores to Meazy's platform and selecting a recommended strategy, e-commerce companies can benefit from automated ad generation that targets users at optimal times and locations. This approach aims to enhance brand visibility and drive increased revenue for internet retailers.

Ondato

Pre Seed Round in 2019
Ondato provides photo and real-time video remote customer identification & KYC services combining artificial intelligence & machine learning engines for both legal entities and natural persons. Bank level security, national / international document database access and easy integration as well as 100% process flexibility- the key points Ondato stands out on the market with its solution

kevin.

Seed Round in 2019
kevin. provides a secure and developer-friendly payment infrastructure, unlocking the benefits of Open Banking to a wide range of market players. Licensed to operate across the EEA and supervised by the bank of Lithuania, kevin.'s banking payment and account information solutions are fully compliant with the PSD2 framework and outcompete card networks on both quality and price. We are a team of 40 (and growing!) passionate people driven by our expertise, ambition, trust and sense of ownership.

GoRamp

Pre Seed Round in 2019
GoRamp is an online transport management system designed to centralize information exchange between all members of the supply chain – in real-time. GoRamp simplifies logistics processes by automating information flow, offering different allocation strategies to reduce costs, reducing the chance of human error and offering detailed report creation tools for logistics managers. GoRamp's dedicated team bring over 23 years of experience in Logistics & Supply Chain Management, and 14+ years in IT product development – we understand industry pain points, and how to solve them. Our goal: to provide a single cloud solution for manufacturing companies, saving time and money. And the best part? Implementing GoRamp is a 10-minute job.

Ondato

Pre Seed Round in 2019
Ondato provides photo and real-time video remote customer identification & KYC services combining artificial intelligence & machine learning engines for both legal entities and natural persons. Bank level security, national / international document database access and easy integration as well as 100% process flexibility- the key points Ondato stands out on the market with its solution

Spenfi

Pre Seed Round in 2019
Spenfi, developed by UAB Haslle, specializes in spending and expense management software solutions designed for business-to-business applications. Established in 2019 and headquartered in Vilnius, Lithuania, the company offers a comprehensive platform that integrates various financial processes, including business travel expenses, administrative expenditures, subscription management, and invoice processing. Spenfi aims to enhance financial control for organizations by enabling finance teams to track purchases from order to payment, manage vendor payments, and automate expense reporting. The software also supports onboarding, purchase approvals, and provides real-time analysis, thereby streamlining operations and reducing the time spent on repetitive tasks. With its capabilities, Spenfi helps companies define custom budgets and efficiently manage payments, ensuring a more organized approach to financial management.

VSight

Pre Seed Round in 2019
VSight UAB, founded in 2014 and based in Vilnius, Lithuania, specializes in developing and marketing HangaarLab, an augmented reality remote support and assistance platform tailored for enterprises. This platform enhances operational efficiency by enabling remote maintenance, repair, inspection, and training processes. By integrating wearable and mobile technology into enterprise workflows, VSight facilitates real-time knowledge sharing and expert connectivity, allowing field personnel to receive immediate support from specialists. The use of video and audio communication, along with interactive manuals and advanced models, empowers companies to transform their workforce into a more intelligent and productive unit, ultimately driving improved outcomes in manufacturing and other sectors.

Portal365

Pre Seed Round in 2019
Portal365 is a grant writing and management system for NGOs. By using Portal365, NGOs enjoy the best experience in grant writing, project management, monitoring, and reporting

Houseys

Pre Seed Round in 2019
Houseys is a company specializing in short-term rental and revenue management for real estate owners seeking hassle-free operations and enhanced returns on their investments. By leveraging advanced technology tools, Houseys effectively manages apartments and apartment hotels, focusing on centrally located properties. This approach allows the company to significantly increase the return on investment for the properties it oversees, often achieving returns that surpass market averages. Houseys aims to streamline the rental management process, providing professional services that maximize owner yield while minimizing the complexities typically associated with property management.

QX

Pre Seed Round in 2019
QX, founded in July 2019, operates as an international Adtech startup focused on enhancing advertising technologies for traditional retailers. The company aims to help these retailers establish a digital presence that allows customers to uniquely experience their products and services. QX has developed a price comparison search engine that covers a wide range of products, including electronics, clothing, cosmetics, and food items. The company has quickly gained recognition, receiving the first prize for the most innovative tech ideas from Societe Generale. Additionally, QX has attracted the interest of established international brands looking to improve consumer communication. It is a partner of Startup Wise Guys and receives support from the Fund for Innovation and Technological Development, backed by the European Commission and the World Bank.

GoRamp

Pre Seed Round in 2019
GoRamp is an online transport management system designed to centralize information exchange between all members of the supply chain – in real-time. GoRamp simplifies logistics processes by automating information flow, offering different allocation strategies to reduce costs, reducing the chance of human error and offering detailed report creation tools for logistics managers. GoRamp's dedicated team bring over 23 years of experience in Logistics & Supply Chain Management, and 14+ years in IT product development – we understand industry pain points, and how to solve them. Our goal: to provide a single cloud solution for manufacturing companies, saving time and money. And the best part? Implementing GoRamp is a 10-minute job.

CHRG Network

Pre Seed Round in 2019
CHRG Network is software platform for EV charging that connects all charging stations into a single network, enabling owners to share and monetise their charging stations. Driver App allows to find, book, and pay for access to charging stations.

MANU

Pre Seed Round in 2019
Manu is a behavioral analytics company that specializes in assisting financial institutions with client onboarding and credit scoring processes. Founded in 2016 and based in Vilnius, Lithuania, Manu utilizes a behavioral data-driven AI model to profile customers, enabling institutions to identify reliable clients when they apply for loans. By leveraging personalized business decisions based on behavioral analytics, Manu aims to streamline these processes and enhance efficiency for its financial partners.

MANU

Pre Seed Round in 2019
Manu is a behavioral analytics company that specializes in assisting financial institutions with client onboarding and credit scoring processes. Founded in 2016 and based in Vilnius, Lithuania, Manu utilizes a behavioral data-driven AI model to profile customers, enabling institutions to identify reliable clients when they apply for loans. By leveraging personalized business decisions based on behavioral analytics, Manu aims to streamline these processes and enhance efficiency for its financial partners.

Meazy

Pre Seed Round in 2019
Meazy is a company based in Vilnius, Lithuania, that specializes in developing an automated remarketing platform for e-commerce businesses. Founded in 2018, the platform focuses on creating effective retargeting strategies that engage potential customers through personalized, visually appealing advertisements. By connecting their online stores to Meazy's platform and selecting a recommended strategy, e-commerce companies can benefit from automated ad generation that targets users at optimal times and locations. This approach aims to enhance brand visibility and drive increased revenue for internet retailers.

Amio

Pre Seed Round in 2019
Amio s.r.o. develops the messaging application. Its product amio chat offers an application-programming interface (API) that connects to messengers and allows companies to reach the customers on any messenger. Amio s.r.o. was incorporated in 2017 and is based in Prague, Czech Republic.

H-Finance

Pre Seed Round in 2019
H-Finance is a European digital lending company that specializes in issuing loans backed by cryptocurrency and other digital assets to both businesses and individuals. Founded in 2014 and headquartered in Vilnius, Lithuania, the company was established by the shareholders of the peer-to-peer lending platform SAVY. H-Finance operates on a global scale, providing financial solutions that leverage the growing market for digital assets.

kevin.

Pre Seed Round in 2019
kevin. provides a secure and developer-friendly payment infrastructure, unlocking the benefits of Open Banking to a wide range of market players. Licensed to operate across the EEA and supervised by the bank of Lithuania, kevin.'s banking payment and account information solutions are fully compliant with the PSD2 framework and outcompete card networks on both quality and price. We are a team of 40 (and growing!) passionate people driven by our expertise, ambition, trust and sense of ownership.

ZITICITY

Pre Seed Round in 2019
Amazon raised consumer expectations to get items same-day. Soon it will be 1-hour. However, in Europe alone, 80% of e-commerce cannot offer same-day delivery. Every day businesses are losing revenue as 1 out of 4 customers abandons a shopping cart if same-day delivery is not available. ZITICITY found a scalable way to crowd-source delivery fleets in every major European city. The best part, businesses of any size can use these fleets and our technology to deliver packages in 42 minutes on average. 42 minutes! That is faster than Amazon Prime. ZITICITY is becoming the new standard for urban same-day and faster deliveries. Client profiles: food delivery companies, e-shops, grocery chains, traditional courier companies, pharmacies. Follow us as we become your favourite delivery company!

ZITICITY

Pre Seed Round in 2019
Amazon raised consumer expectations to get items same-day. Soon it will be 1-hour. However, in Europe alone, 80% of e-commerce cannot offer same-day delivery. Every day businesses are losing revenue as 1 out of 4 customers abandons a shopping cart if same-day delivery is not available. ZITICITY found a scalable way to crowd-source delivery fleets in every major European city. The best part, businesses of any size can use these fleets and our technology to deliver packages in 42 minutes on average. 42 minutes! That is faster than Amazon Prime. ZITICITY is becoming the new standard for urban same-day and faster deliveries. Client profiles: food delivery companies, e-shops, grocery chains, traditional courier companies, pharmacies. Follow us as we become your favourite delivery company!

Razzby

Pre Seed Round in 2018
Razzby is a software as a service (SaaS) company based in Vilnius, Lithuania, specializing in event management solutions. The company's platform streamlines and automates essential processes for event organizers, alleviating common challenges associated with event planning. Razzby offers tools for creating marketing websites, selling tickets, sending invitations, and managing audiences, all designed to enhance user engagement and increase ticket sales. By simplifying these customer-facing processes, Razzby enables event planners to focus on delivering successful events rather than getting bogged down in administrative tasks.

PomoDoneApp

Pre Seed Round in 2018
PomoDoneApp is a productivity tool designed for digital professionals, including developers, writers, designers, and marketers, to enhance focus and workflow management. By integrating the Pomodoro technique with existing task management systems like Asana, Trello, and JIRA, it allows users to efficiently track their time and improve productivity. PomoDoneApp features an interruption shield that blocks distracting websites during work sessions and offers notifications for team members via Slack, ensuring a focused work environment. Additionally, users can analyze their productivity history through detailed logs, enabling them to make informed adjustments to their work habits.

WellParko

Seed Round in 2017
WellParko is transforming the outdoor parking experience by helping drivers easily finding empty parking slots in real time. They helps parking companies and municipalities to reduce parking enforcement officers staff count, optimise operations and create additional value. They advanced AI algorithms detect car’s presence in real time. It works perfectly with already pre-installed video surveillance cameras and that results in lower installation costs.

Welltrado

Pre Seed Round in 2017
Welltrado is a global alternative investment marketplace. P2P lending and crowdfunding platforms get new investors while investors earn profitable interest rates. Welltrado’s mission is to make investing transparent, profitable and easy.