Startup Wise Guys

Startup Wise Guys, founded in 2012 and based in Tallinn, Estonia, is a prominent early-stage investor and accelerator in the Central and Eastern European (CEE) region and the Nordics. The organization has accelerated over 165 startups, primarily in B2B SaaS, fintech, and cybersecurity, achieving a startup survival and success rate exceeding 77%. Its intensive three-month accelerator program focuses on product validation, development, and sales to business customers, supported by a network of over 200 international and local mentors. The program culminates in Demo Days and major tech events where startups present their ventures to potential investors. Additionally, participants gain access to an alumni community of more than 145 startups across 40 countries and exclusive alumni events centered on business development and fundraising. Startup Wise Guys also manages dedicated funds targeting various sectors, including an Africa Fund that invests in fintech, health tech, and digital SaaS, among others.

Alexandra Balkova

Partner, Head of Portfolio

Gunce Onur

Venture Partner Turkey

Attila Hudecz

Managing Director, Sustainability

Franziska Kolk

General Partner, Africa

Andrea T. Orlando

Partner

Günce Önür

General Partner, Challenger II

Past deals in Fraud Detection

DriveX

Seed Round in 2022
DriveX is a technology partner for insurers. With the proprietary AI-assisted verification, companies can inspect vehicles remotely. Insurers save costs, reduce fraud risk and provide a better, digital customer experience. Whether selling motor insurance policies or managing claims, DriveX solutions are there to help employees and customers.

Data Against Data

Pre Seed Round in 2022
Data Against Data develops a platform that looks for companies holding personal data. It provides a list of websites and applications to secure online data privacy. Data Against Data is based in Bucharest, Romania.

Okredo

Seed Round in 2021
Okredo is an open data platform that offers valuable insights for enhancing sales and managing credit risk. It provides a business intelligence solution that aggregates and analyzes data from diverse sources, including financial reports and credit ratings, to deliver information on creditworthiness, scores, and limits. This empowers companies to make informed decisions regarding collaborations and investments. Okredo operates on a freemium model, offering both free and premium services. Initially focused on Lithuania, the company is expanding its reach to Latvia, Poland, the UK, and other European countries.

Hive.id

Seed Round in 2021
Hive Identity, backed by Startup Wise Guys, was founded with a simple guiding mission: to make identity easy and secure. Since 2019, the company has been delivering against that goal, connecting a person’s online and real-world identities and letting them authenticate to services effortlessly and without passwords. The company’s Modern Identity Platform helps organizations of all sizes to drive down fraud risk at onboarding and beyond.

Ondato

Seed Round in 2021
Ondato specializes in providing remote customer identification and Know Your Customer (KYC) services that leverage artificial intelligence and machine learning technologies. The company offers a digital ID verification tool designed to help banks and fintech organizations comply with regulatory requirements across various industries, including banking, blockchain, and online trading. Ondato's solutions feature real-time video and photo identification, access to a comprehensive national and international document database, and a high level of security comparable to banking standards. Additionally, the platform allows for easy integration and offers significant process flexibility, making it adaptable to the specific needs of its clients while ensuring data protection and privacy.

Jeff

Seed Round in 2021
Jeff is a personalized loan broker that matches borrowers and lenders through alternative data. Jeff's mission is to help the unbanked to access financial services. In the absence of credit history and bank transactions, Jeff gathers alternative data from sources like smartphones, social media, behavioral patterns, geolocation, and other types of digital footprint. Jeff then puts this information to good use and find ways on how alternative data points can prove creditworthiness and build trust, building new ways of accessing financing and evolving an alternative credit score. The company was founded in 2019 and is located in Riga, Latvia.

Jeff

Seed Round in 2021
Jeff is a personalized loan broker that matches borrowers and lenders through alternative data. Jeff's mission is to help the unbanked to access financial services. In the absence of credit history and bank transactions, Jeff gathers alternative data from sources like smartphones, social media, behavioral patterns, geolocation, and other types of digital footprint. Jeff then puts this information to good use and find ways on how alternative data points can prove creditworthiness and build trust, building new ways of accessing financing and evolving an alternative credit score. The company was founded in 2019 and is located in Riga, Latvia.

Okredo

Pre Seed Round in 2021
Okredo is an open data platform that offers valuable insights for enhancing sales and managing credit risk. It provides a business intelligence solution that aggregates and analyzes data from diverse sources, including financial reports and credit ratings, to deliver information on creditworthiness, scores, and limits. This empowers companies to make informed decisions regarding collaborations and investments. Okredo operates on a freemium model, offering both free and premium services. Initially focused on Lithuania, the company is expanding its reach to Latvia, Poland, the UK, and other European countries.

Hive.id

Seed Round in 2021
Hive Identity, backed by Startup Wise Guys, was founded with a simple guiding mission: to make identity easy and secure. Since 2019, the company has been delivering against that goal, connecting a person’s online and real-world identities and letting them authenticate to services effortlessly and without passwords. The company’s Modern Identity Platform helps organizations of all sizes to drive down fraud risk at onboarding and beyond.

Cursor Insight

Venture Round in 2021
Cursor Insight is a U.K.-based software development company founded in 2013 by Tamas Zelczer and Bence Golda. The company specializes in cybersecurity solutions focused on human motion analysis. It has developed an advanced algorithm for processing movement data captured from various devices, including electronic signature pads and computer mice. This technology utilizes machine learning to accurately recognize handwritten signatures and analyze user movements, allowing for the identification and classification of individuals based on their interaction patterns with computers and mobile devices. Cursor Insight's solutions enable clients to integrate motion tracking capabilities into their websites and applications, enhancing security and user verification processes.

Ondato

Seed Round in 2020
Ondato specializes in providing remote customer identification and Know Your Customer (KYC) services that leverage artificial intelligence and machine learning technologies. The company offers a digital ID verification tool designed to help banks and fintech organizations comply with regulatory requirements across various industries, including banking, blockchain, and online trading. Ondato's solutions feature real-time video and photo identification, access to a comprehensive national and international document database, and a high level of security comparable to banking standards. Additionally, the platform allows for easy integration and offers significant process flexibility, making it adaptable to the specific needs of its clients while ensuring data protection and privacy.

Manu

Pre Seed Round in 2020
Manu is a behavioral analytics company headquartered in Vilnius, Lithuania, that specializes in assisting financial institutions with personalized business decisions. Founded in 2016, the company offers a software solution that utilizes behavioral profiling to enhance client onboarding and credit scoring processes. By analyzing customer behavior, Manu's technology helps identify reliable borrowers during loan applications, thereby enabling lenders to reduce costs associated with onboarding and mitigate risks associated with lending to unreliable customers.

Ondato

Pre Seed Round in 2020
Ondato specializes in providing remote customer identification and Know Your Customer (KYC) services that leverage artificial intelligence and machine learning technologies. The company offers a digital ID verification tool designed to help banks and fintech organizations comply with regulatory requirements across various industries, including banking, blockchain, and online trading. Ondato's solutions feature real-time video and photo identification, access to a comprehensive national and international document database, and a high level of security comparable to banking standards. Additionally, the platform allows for easy integration and offers significant process flexibility, making it adaptable to the specific needs of its clients while ensuring data protection and privacy.

Idyllum Labs

Pre Seed Round in 2020
Idyllum Labs tests websites for security features, data safety, and vulnerability to spam. The company's algorithms determine the integrity of any web application by running a series of harmless penetration tests on websites with the aim of finding vulnerabilities before the bad guys do.

Ondato

Pre Seed Round in 2019
Ondato specializes in providing remote customer identification and Know Your Customer (KYC) services that leverage artificial intelligence and machine learning technologies. The company offers a digital ID verification tool designed to help banks and fintech organizations comply with regulatory requirements across various industries, including banking, blockchain, and online trading. Ondato's solutions feature real-time video and photo identification, access to a comprehensive national and international document database, and a high level of security comparable to banking standards. Additionally, the platform allows for easy integration and offers significant process flexibility, making it adaptable to the specific needs of its clients while ensuring data protection and privacy.

Hive.id

Seed Round in 2019
Hive Identity, backed by Startup Wise Guys, was founded with a simple guiding mission: to make identity easy and secure. Since 2019, the company has been delivering against that goal, connecting a person’s online and real-world identities and letting them authenticate to services effortlessly and without passwords. The company’s Modern Identity Platform helps organizations of all sizes to drive down fraud risk at onboarding and beyond.

Ondato

Pre Seed Round in 2019
Ondato specializes in providing remote customer identification and Know Your Customer (KYC) services that leverage artificial intelligence and machine learning technologies. The company offers a digital ID verification tool designed to help banks and fintech organizations comply with regulatory requirements across various industries, including banking, blockchain, and online trading. Ondato's solutions feature real-time video and photo identification, access to a comprehensive national and international document database, and a high level of security comparable to banking standards. Additionally, the platform allows for easy integration and offers significant process flexibility, making it adaptable to the specific needs of its clients while ensuring data protection and privacy.

Manu

Pre Seed Round in 2019
Manu is a behavioral analytics company headquartered in Vilnius, Lithuania, that specializes in assisting financial institutions with personalized business decisions. Founded in 2016, the company offers a software solution that utilizes behavioral profiling to enhance client onboarding and credit scoring processes. By analyzing customer behavior, Manu's technology helps identify reliable borrowers during loan applications, thereby enabling lenders to reduce costs associated with onboarding and mitigate risks associated with lending to unreliable customers.

Manu

Pre Seed Round in 2019
Manu is a behavioral analytics company headquartered in Vilnius, Lithuania, that specializes in assisting financial institutions with personalized business decisions. Founded in 2016, the company offers a software solution that utilizes behavioral profiling to enhance client onboarding and credit scoring processes. By analyzing customer behavior, Manu's technology helps identify reliable borrowers during loan applications, thereby enabling lenders to reduce costs associated with onboarding and mitigate risks associated with lending to unreliable customers.

FakesKiller

Pre Seed Round in 2019
There are a lot of great fact-checking projects producing high-quality data. Still, fake news is shared 70% faster than real news. These fake news are shared annoyingly by your friends on Facebook, Twitter, and other platforms. Fact-checking exists, but it exists only on Google. We still have to find it. FakesKiller is bringing a fact-checking experience to the browsing experience. Now, when you are looking at news on your Facebook or Twitter, you will get to know, when your news is either incorrect or fake – with a link to the real story.

Scoriff

Pre Seed Round in 2019
Scoriff OÜ develops behavior-based business credit scoring software designed to predict default for small business owner and enterprise. The company's platform applies artificial intelligence and machine learning at web scale to provide credit information about companies without using any financial data, enabling businesses to predict defaulters using business credit scoring. Scoriff OÜ was incorporated in 2018 and is based in Tallinn, Estonia.

Hive.id

Pre Seed Round in 2019
Hive Identity, backed by Startup Wise Guys, was founded with a simple guiding mission: to make identity easy and secure. Since 2019, the company has been delivering against that goal, connecting a person’s online and real-world identities and letting them authenticate to services effortlessly and without passwords. The company’s Modern Identity Platform helps organizations of all sizes to drive down fraud risk at onboarding and beyond.

Fully-Verified

Pre Seed Round in 2018
Fully-Verified is an identity verification solution that eliminates as much as 90% of identity fraud. The company is a banking-grade solution that verifies people live, on video with verification specialists.

Trapmine

Pre Seed Round in 2017
TRAPMINE Endpoint Protection Platform provides fool-proof defense against malware, exploit attempts, file-less malware, ransomware and other forms of targeted attacks. Unlike traditional detection-based approaches like legacy antivirus, TRAPMINE combines proven and innovative technologies such as deep learning, behavior monitoring, endpoint deception and anti-exploit techniques to block cyber threats dead in their tracks. TRAPMINE's easy-deploy and lightweight solution comes with a comfortable built-in security console, at a price/performance ratio unmatchable even by the biggest names in Palo Alto. Why TRAPMINE? Cyber criminals target companies of all sizes from every industry, seeking anything that might be of value. Antivirus and other traditional security solutions are no longer efficient to protect organizations from attacks by today’s modern cyber threat actors. That’s why we founded TRAPMINE. TRAPMINE is created to solve the malware problem for all organizations at a reasonable price.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.