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

Past deals in Estonia

Adact

Seed Round in 2022
Adact OÜ designs and develops game based marketing campaigns solution in Estonia. Its solution allows user to improve customer engagement and feedback collection. Adact OÜ was founded in 2019 and is based in Tallinn, Estonia.

Rendin

Seed Round in 2020
Rendin OÜ is a long-term rental platform based in Tallinn, Estonia, established in 2019. It provides a mobile application that facilitates interactions among landlords, tenants, and agents. The platform offers various services designed to streamline the renting process, including tenant background checks, legal cover and advice, guaranteed rent payments, and rent payment protection. Rendin also eliminates the need for security deposits and provides damage protection, along with complimentary legal advice. By focusing on these innovative solutions, Rendin aims to enhance the renting experience for all parties involved.

Adact

Seed Round in 2020
Adact OÜ designs and develops game based marketing campaigns solution in Estonia. Its solution allows user to improve customer engagement and feedback collection. Adact OÜ was founded in 2019 and is based in Tallinn, Estonia.

EvoEstate

Pre Seed Round in 2020
EvoEstate OU is an online peer-to-peer funding marketplace based in Tallinn, Estonia, that facilitates international investment in property loans and projects across Europe. Established in 2019, the platform aggregates opportunities from major European real estate crowdfunding platforms, allowing retail investors to diversify their portfolios through buy-to-let properties, fixed-interest loans, and equity investments. By offering a streamlined approach to real estate investing, EvoEstate enables both small and large investors to access various real estate projects with minimal risk and the potential for optimal returns.

VITS

Pre Seed Round in 2020
VITS Solutions OÜ is a company based in Tallinn, Estonia, established in 2017, that provides an online platform designed to streamline workplace health and safety management. The platform allows companies to efficiently track health examinations, manage safety instructions, and monitor incidents and personal protective equipment. It automates the oversight of medical examination reports and deadlines, offering notifications for upcoming expirations or overdue tasks. By consolidating health and safety processes into a single web-based solution, VITS enables health and safety specialists to ensure compliance with regulations without the need for manual tracking or outsourcing services. This comprehensive approach helps organizations maintain the health and safety of their employees effectively.

Cyber Struggle

Seed Round in 2020
Cyber Struggle, founded in 2016 and based in Tallinn, Estonia, specializes in cybersecurity training and certification services. The company recognizes the complexities of modern cyber threats, advocating for an integrated approach that combines various disciplines, including criminology and psychological warfare, alongside traditional technical skills. Cyber Struggle emphasizes the importance of soft skills such as teamwork, leadership, and mental resilience, ensuring that individuals are not only technically proficient but also capable of performing under pressure. Their training programs focus on creating a comprehensive security perspective, equipping cybersecurity professionals to navigate the challenges of cyber-terrorism effectively. By utilizing advanced methodologies, including human-machine relations and simulation platforms, Cyber Struggle fosters a realistic learning environment that prepares individuals to handle the dynamic nature of cybersecurity threats.

Rendin

Pre Seed Round in 2020
Rendin OÜ is a long-term rental platform based in Tallinn, Estonia, established in 2019. It provides a mobile application that facilitates interactions among landlords, tenants, and agents. The platform offers various services designed to streamline the renting process, including tenant background checks, legal cover and advice, guaranteed rent payments, and rent payment protection. Rendin also eliminates the need for security deposits and provides damage protection, along with complimentary legal advice. By focusing on these innovative solutions, Rendin aims to enhance the renting experience for all parties involved.

EvoEstate

Pre Seed Round in 2019
EvoEstate OU is an online peer-to-peer funding marketplace based in Tallinn, Estonia, that facilitates international investment in property loans and projects across Europe. Established in 2019, the platform aggregates opportunities from major European real estate crowdfunding platforms, allowing retail investors to diversify their portfolios through buy-to-let properties, fixed-interest loans, and equity investments. By offering a streamlined approach to real estate investing, EvoEstate enables both small and large investors to access various real estate projects with minimal risk and the potential for optimal returns.

Adact

Pre Seed Round in 2019
Adact OÜ designs and develops game based marketing campaigns solution in Estonia. Its solution allows user to improve customer engagement and feedback collection. Adact OÜ was founded in 2019 and is based in Tallinn, Estonia.

VITS

Pre Seed Round in 2019
VITS Solutions OÜ is a company based in Tallinn, Estonia, established in 2017, that provides an online platform designed to streamline workplace health and safety management. The platform allows companies to efficiently track health examinations, manage safety instructions, and monitor incidents and personal protective equipment. It automates the oversight of medical examination reports and deadlines, offering notifications for upcoming expirations or overdue tasks. By consolidating health and safety processes into a single web-based solution, VITS enables health and safety specialists to ensure compliance with regulations without the need for manual tracking or outsourcing services. This comprehensive approach helps organizations maintain the health and safety of their employees effectively.

Cyber Struggle

Pre Seed Round in 2019
Cyber Struggle, founded in 2016 and based in Tallinn, Estonia, specializes in cybersecurity training and certification services. The company recognizes the complexities of modern cyber threats, advocating for an integrated approach that combines various disciplines, including criminology and psychological warfare, alongside traditional technical skills. Cyber Struggle emphasizes the importance of soft skills such as teamwork, leadership, and mental resilience, ensuring that individuals are not only technically proficient but also capable of performing under pressure. Their training programs focus on creating a comprehensive security perspective, equipping cybersecurity professionals to navigate the challenges of cyber-terrorism effectively. By utilizing advanced methodologies, including human-machine relations and simulation platforms, Cyber Struggle fosters a realistic learning environment that prepares individuals to handle the dynamic nature of cybersecurity threats.

Sureberry

Pre Seed Round in 2018
Sureberry OÜ provides insurance sales as a service for web portals and e-commerce sites, who want to monetize their traffic with insurance as an up-sell. The company was founded in 2017 and is based in Tallinn, Estonia.

ModelTag

Pre Seed Round in 2017
ModelTag is a startup based in Tallinn, Milan, and Paris. Founded by three Italians in 2017, with years of experience in digital marketing and trend analysis, with publications on New York Times, speaking at international digital and innovation conferences, and analyzing social media with the most advanced tools. ModelTag is funded and supported by the French Government, Ministry of Innovation, Startup Wise Guys accelerator program in the Baltics, and Facebook Start FBStart program from California.

Polisens.io

Seed Round in 2017
Polisens.io, founded in 2016 and based in Tallinn, Estonia, specializes in developing public transport sensors that deliver air quality information. Its primary product, Polisensio, is a comprehensive hardware and software solution designed to provide actionable insights on air pollution levels in urban environments. This system can be installed on various moving vehicles, such as bicycles, cars, and public transportation, enabling real-time monitoring of air quality at the street level. Polisens.io aims to support city municipalities and other stakeholders in addressing air pollution challenges effectively.

Shipitwise

Pre Seed Round in 2016
Shipitwise Ltd., established in 2015 and based in Tallinn, Estonia, offers web-based international shipping services through its SaaS platform. The company provides a digital solution for transportation firms, enabling them to connect with logistics service providers and their business customers via an API. Shipitwise's platform facilitates quotation, pickup, and insurance services, streamlining the shipping process for users.

ResultsOnAir

Pre Seed Round in 2016
ResultsOnAir OÜ is a company based in Tallinn, Estonia, specializing in big data analytics for television advertisers. The firm offers services that include analytics evaluation, data processing, and insight gathering, aimed at enhancing the return on investment for TV advertising. By capturing real-time web traffic generated by television ads, ResultsOnAir enables clients to understand the customer journey from initial visit to conversion. The platform helps advertisers and their agencies optimize ad spending, often achieving an average return on investment of over 40%.

Teamscope

Pre Seed Round in 2016
Teamscope, Inc. is a company based in Tallinn, Estonia, that specializes in creating visual and interactive insights through big data analytics aimed at improving team building. Founded by professionals from executive search, data science, and technology sectors, Teamscope provides a platform designed to assist managers in making informed hiring decisions and fostering high-performing teams. By utilizing a unique algorithm, the platform assesses the values, personality traits, and core competencies of existing team members. It then recommends the ideal characteristics to seek in new candidates and evaluates their compatibility with both the role and the team dynamics. Additionally, Teamscope generates detailed behavioral profiles and interview guides for candidates, aiding hiring managers in selecting the most suitable individuals for their teams.

ResultsOnAir

Convertible Note in 2015
ResultsOnAir OÜ is a company based in Tallinn, Estonia, specializing in big data analytics for television advertisers. The firm offers services that include analytics evaluation, data processing, and insight gathering, aimed at enhancing the return on investment for TV advertising. By capturing real-time web traffic generated by television ads, ResultsOnAir enables clients to understand the customer journey from initial visit to conversion. The platform helps advertisers and their agencies optimize ad spending, often achieving an average return on investment of over 40%.

Camorka

Seed Round in 2013
Estonian based startup getting people exited about brands and products through creative contests.