Trind Ventures

Trind Ventures is a venture capital firm based in Tallinn, Estonia, founded in 1999. The firm specializes in early-stage investments across Northern and Central Europe, focusing on sectors such as business-to-business, business-to-consumer, marketplaces, and information and communication technology. Trind Ventures provides seed capital starting from €100,000 and follows up with additional investments of up to €3 million per company. The firm's investment strategy includes targeting consumer products and services as well as business solutions, emphasizing sustainable growth and innovation in its portfolio companies.

Joel Aasmae

Managing Partner

Liis Hiie

Investment Associate

Kimmo Irpola

Partner

Peeter Kompus

Principal

Iryna Krepchuk

Investment Associate

44 past transactions

SparkReceipt

Venture Round in 2025
SparkReceipt is a technology company that specializes in AI-driven financial management solutions for small businesses, entrepreneurs, and freelancers. Its core product is an AI-powered document management platform that automates and simplifies expense and income tracking. The platform extracts data from receipts and invoices, categorizes expenses and income, integrates with email for e-receipts, supports multiple languages and currencies, provides real-time profit and loss monitoring, and facilitates team collaboration. This enables users to efficiently manage their financial records and streamline their bookkeeping processes.

Bahn Express

Pre Seed Round in 2025
Bahn Express is a global company specializing in car transportation, operating across Europe. It facilitates the movement of vehicles across borders, providing a reliable and convenient service for individuals. The company supports independent contractors, enabling them to offer quick and efficient car shipping services.

Webel

Venture Round in 2024
Webel is an on-demand home services marketplace that offers a diverse range of services, including cleaning, childcare, tutoring, sports coaching, beauty treatments, and pet care. Clients can easily search for, compare, book, and pay for these services through Webel's platform, which also allows users to leave reviews. The company has developed a distinctive business model aimed at enhancing the customer experience by eliminating commission fees, thereby providing a more efficient and cost-effective solution for accessing everyday services from home. With its deep understanding of the service hiring landscape and competitive environment, Webel is positioned to outperform traditional market offerings in the home services sector.

Jobilla

Venture Round in 2024
Jobilla is a digital recruitment platform that assists employers in branding and hiring suitable candidates. By leveraging artificial intelligence and data-driven insights, Jobilla enhances recruitment campaigns, allowing companies to proactively identify and engage potential candidates who may not be actively seeking employment. The platform connects businesses with targeted hiring channels, broadening the talent pool and improving the chances of finding the right fit for job positions. Through its innovative software, Jobilla streamlines the recruitment process, facilitating a more efficient match between employers and job seekers based on qualifications and roles.

InGain

Venture Round in 2024
InGain is a SaaS company specializing in loan management systems. It provides a no-code platform enabling lenders and organizations across various industries to develop and scale their lending and financial products efficiently. The platform automates the full lending lifecycle, offers real-time business intelligence data, and allows for extensive system customization without vendor lock-in or business continuity risks. This empowers financial services companies to launch new products and enter new markets swiftly while adapting to changing lending rules.

Groover

Series A in 2024
Groover is an innovative platform designed specifically for independent artists, focusing on music promotion and discovery. It has cultivated a community of 200,000 artists across more than 186 countries. The platform allows musicians to directly submit their music to media outlets, radio stations, playlists, and record labels, ensuring they receive valuable feedback from a vetted network of 3,000 music curators and professionals. With over two million feedback interactions on tracks, Groover provides artists with the opportunity to obtain honest insights and tangible sharing proposals, facilitating their growth and visibility in the competitive music industry.

Scorestars

Seed Round in 2024
Scorestars is a global sports fan engagement platform that enables users to collect, trade, and play with officially licensed digital collectibles, such as player cards and video moments. By leveraging these collectibles, fans can participate in live match games or challenge others, aiming to win rewards and bragging rights. The company targets the expansive global sports fan market, offering an immersive and interactive way for enthusiasts to connect with their favorite sports.

Fractory

Venture Round in 2023
Fractory Ltd is a company that specializes in online sheet metal fabrication, providing a platform that connects engineering firms with manufacturing services. Established in 2019 and headquartered in Manchester, United Kingdom, Fractory enables users to upload CAD files, which are then matched with partner service providers based on their availability, location, and specific capabilities. The platform offers a comprehensive range of services, including laser cutting, plasma cutting, tube laser cutting, sheet metal fabrication, oxy cutting, waterjet cutting, metal bending, and surface treatment. By facilitating on-demand manufacturing, Fractory aims to streamline the production process for engineering companies, regardless of batch size, and enhance sustainability in manufacturing. The company operates in various regions, including the United States, the United Kingdom, and Nordic Europe.

Your.Rentals

Seed Round in 2023
Your.Rentals is a management and sales software platform tailored for owners and managers of short-term rental accommodations. It offers a user-friendly solution for hosts and small business agencies, enabling them to efficiently manage various aspects of their rental operations. The platform provides services such as marketing, bookings, guest communication, operations, and payment processing, all integrated into one system. Your.Rentals also facilitates the distribution of property listings to online travel agencies (OTAs) like Airbnb, Booking.com, Expedia, and VRBO, while promoting the growth of direct bookings through its specialized features. The service is free to use, with charges applicable per booking, making it accessible for users looking to enhance their rental business.

Boksi

Series A in 2023
Boksi is a digital advertising platform that transforms the way companies acquire content by connecting them with influencers. The company provides a marketplace that analyzes the posts of micro-influencers on social media, particularly Instagram, and assesses the behavior and preferences of their followers. By leveraging this data, Boksi enables businesses to engage with authentic influencers who can create personalized content featuring their own products, resulting in a more genuine connection with consumers. This approach is not only more authentic than traditional stock photography but also offers significant cost savings, with companies realizing over 70% in savings compared to conventional photo shoots and media agencies.

Webel

Seed Round in 2023
Webel is an on-demand home services marketplace that offers a diverse range of services, including cleaning, childcare, tutoring, sports coaching, beauty treatments, and pet care. Clients can easily search for, compare, book, and pay for these services through Webel's platform, which also allows users to leave reviews. The company has developed a distinctive business model aimed at enhancing the customer experience by eliminating commission fees, thereby providing a more efficient and cost-effective solution for accessing everyday services from home. With its deep understanding of the service hiring landscape and competitive environment, Webel is positioned to outperform traditional market offerings in the home services sector.

Mjuk

Seed Round in 2023
Mjuk is an online marketplace specializing in the buying and selling of second-hand furniture. The company simplifies the often complicated and unpredictable process associated with used furniture transactions. Mjuk provides a curated selection of items and manages every aspect of the sale, including picking up furniture from customers, conducting quality checks, photography, cleaning, and marketing. This comprehensive service allows customers to effortlessly find affordable furniture while also facilitating the sale of their unused items, ultimately saving them time and effort. Mjuk's mission is to create a secure and straightforward experience for individuals looking to engage in the second-hand furniture market.

RoyaltyRange

Venture Round in 2023
RoyaltyRange is an intellectual property royalty rate database that specializes in providing comprehensive data on royalties and licensing terms from agreements primarily in Europe. The company operates a data as a service (DaaS) platform that offers professional databases essential for international tax and intellectual property valuation. Its database includes detailed information on ownership structures, financials, and descriptive data regarding both publicly listed and private companies. Additionally, RoyaltyRange supplies data on royalty rates, service fees, and loan interest rates derived from third-party agreements. This information is crucial for tax authorities and international law firms, as it enhances the reliability of tax and valuation work conducted for multinational enterprises.

SACLÀB

Seed Round in 2023
SACLÀB operates as an online marketplace specializing in the acquisition and sale of pre-owned luxury handbags and waiting-list collectibles. The company caters to individuals seeking both rare designer bags and personalized options, offering a customization service that transforms select models into unique pieces of art. SACLÀB focuses on sourcing new and in-demand handbags while also restoring items that show signs of wear, ensuring that customers have access to hard-to-find luxury products. The company's commitment to quality and personalization sets it apart in the luxury handbag market.

Webel

Seed Round in 2023
Webel is an on-demand home services marketplace that offers a diverse range of services, including cleaning, childcare, tutoring, sports coaching, beauty treatments, and pet care. Clients can easily search for, compare, book, and pay for these services through Webel's platform, which also allows users to leave reviews. The company has developed a distinctive business model aimed at enhancing the customer experience by eliminating commission fees, thereby providing a more efficient and cost-effective solution for accessing everyday services from home. With its deep understanding of the service hiring landscape and competitive environment, Webel is positioned to outperform traditional market offerings in the home services sector.

Xceed

Venture Round in 2022
Xceed is a company that innovates the nightlife industry with its cloud-based platform designed for both consumers and businesses. It enables users to explore and join events while providing businesses with tools to manage and promote these events effectively. Unlike its competitors, Xceed offers a comprehensive solution that integrates event browsing, ticketing, management, and real-time analytics. This platform not only enhances the experience for party-goers by allowing easy access to guest lists, ticket purchases, and bottle service reservations, but it also empowers businesses to engage targeted audiences, monitor performance, and boost revenues through mobile sales and promotions. Additionally, Xceed is committed to social responsibility by funding charitable projects with proceeds from events.

My Telescope

Pre Seed Round in 2022
My Telescope is a developer of an automated market research assistant platform that leverages AI and predictive analytics to provide businesses with actionable insights. The platform aggregates and analyzes high-frequency data from diverse sources, enabling investment analysts, business strategists, and market researchers to understand market demand, interest, and potential sales. By converting search, media, and social listening data into valuable information, My Telescope facilitates campaign planning, brand and market assessment, and evaluation of campaign effectiveness. This comprehensive approach helps companies identify market opportunities, assess brand performance, and mitigate potential risks, empowering them to make informed business decisions based on real-time insights.

eAgronom

Series A in 2022
eAgronom is a company dedicated to promoting sustainable agriculture through innovative technology. Founded by Robin Saluoks, eAgronom aims to align economic interests with ecological goals to accelerate the adoption of regenerative farming practices. The company offers an online farm management system that helps farmers plan, manage, and analyze agricultural activities efficiently. This platform also guides farmers toward carbon-capturing practices and provides transparency for carbon credit buyers. With over 1,500 paying farmers using their farm monitoring and AI consulting services, eAgronom is positioned to become a leading provider of agricultural carbon credits in Europe.

Jobilla

Venture Round in 2022
Jobilla is a digital recruitment platform that assists employers in branding and hiring suitable candidates. By leveraging artificial intelligence and data-driven insights, Jobilla enhances recruitment campaigns, allowing companies to proactively identify and engage potential candidates who may not be actively seeking employment. The platform connects businesses with targeted hiring channels, broadening the talent pool and improving the chances of finding the right fit for job positions. Through its innovative software, Jobilla streamlines the recruitment process, facilitating a more efficient match between employers and job seekers based on qualifications and roles.

Ready Player Me

Series A in 2021
Ready Player Me, founded in 2014 and headquartered in Tallinn, Estonia, with an additional office in Los Angeles, California, specializes in creating realistic 3D avatars for virtual reality (VR) and augmented reality (AR) applications. The company utilizes advanced 3D scanning technology to generate lifelike avatars that enhance communication and interaction in gaming environments. Its platform supports developers by enabling the integration of custom 3D models into existing games, game engines, or VR applications, thereby facilitating more immersive experiences. In addition to its focus on gaming, Ready Player Me's technology also has applications in various sectors, including healthcare, where it aids in surgical planning through the creation of anatomical models. The company has showcased its scanning technology at various public venues, such as airports and museums, further demonstrating its innovative approach to 3D printing and scanning.

Fractory

Series A in 2021
Fractory Ltd is a company that specializes in online sheet metal fabrication, providing a platform that connects engineering firms with manufacturing services. Established in 2019 and headquartered in Manchester, United Kingdom, Fractory enables users to upload CAD files, which are then matched with partner service providers based on their availability, location, and specific capabilities. The platform offers a comprehensive range of services, including laser cutting, plasma cutting, tube laser cutting, sheet metal fabrication, oxy cutting, waterjet cutting, metal bending, and surface treatment. By facilitating on-demand manufacturing, Fractory aims to streamline the production process for engineering companies, regardless of batch size, and enhance sustainability in manufacturing. The company operates in various regions, including the United States, the United Kingdom, and Nordic Europe.

Sonarworks

Venture Round in 2021
Sonarworks Ltd. is a deep-tech audio company based in Riga, Latvia, founded in 2012. The company specializes in developing and licensing sound calibration software that enhances audio quality for both professionals and consumers. Its flagship products include Reference 4, which is available in studio and headphone editions, and True-Fi, designed for everyday listeners. These tools utilize advanced SoundID technology to measure and digitally tune sound devices to individual hearing preferences, ensuring a personalized listening experience. Sonarworks' software is widely adopted in professional recording studios and by audio engineers, as it effectively eliminates noise shortcomings in speakers and headphones, allowing users to enjoy music as intended by the artists. The software is accessible online and through dealers in Latvia and internationally.

Jobilla

Seed Round in 2021
Jobilla is a digital recruitment platform that assists employers in branding and hiring suitable candidates. By leveraging artificial intelligence and data-driven insights, Jobilla enhances recruitment campaigns, allowing companies to proactively identify and engage potential candidates who may not be actively seeking employment. The platform connects businesses with targeted hiring channels, broadening the talent pool and improving the chances of finding the right fit for job positions. Through its innovative software, Jobilla streamlines the recruitment process, facilitating a more efficient match between employers and job seekers based on qualifications and roles.

Jobilla

Debt Financing in 2021
Jobilla is a digital recruitment platform that assists employers in branding and hiring suitable candidates. By leveraging artificial intelligence and data-driven insights, Jobilla enhances recruitment campaigns, allowing companies to proactively identify and engage potential candidates who may not be actively seeking employment. The platform connects businesses with targeted hiring channels, broadening the talent pool and improving the chances of finding the right fit for job positions. Through its innovative software, Jobilla streamlines the recruitment process, facilitating a more efficient match between employers and job seekers based on qualifications and roles.

Boksi

Venture Round in 2020
Boksi is a digital advertising platform that transforms the way companies acquire content by connecting them with influencers. The company provides a marketplace that analyzes the posts of micro-influencers on social media, particularly Instagram, and assesses the behavior and preferences of their followers. By leveraging this data, Boksi enables businesses to engage with authentic influencers who can create personalized content featuring their own products, resulting in a more genuine connection with consumers. This approach is not only more authentic than traditional stock photography but also offers significant cost savings, with companies realizing over 70% in savings compared to conventional photo shoots and media agencies.

Tandem

Series A in 2020
Tandem is a peer-to-peer language-learning platform that connects users globally, allowing them to practice and learn over 300 languages through text, audio, and video chat. Founded in 2015 by Arnd Aschentrup, Tobias Dickmeis, and Matthias Kleimann, the platform currently serves ten million members who can engage with native speakers and other language learners. Users have the option to book lessons with professional teachers, enhancing their language skills through diverse interactions. Tandem has been recognized by both Apple and Google for its innovative approach to language education. The app is available for free on iOS, Android, and the web, and it is supported by notable European investors.

RangeForce

Series A in 2020
RangeForce is a software-as-a-service (SaaS) company that specializes in human cyber defense readiness. It provides a learning platform designed to enhance cybersecurity training by simulating cyberattacks and other threats within a cloud-based environment. This platform enables businesses to conduct realistic cybersecurity simulations and exercises, allowing information technology employees to develop and refine their defensive skills against evolving threats. By offering a sandbox environment, RangeForce helps organizations better prepare for actual cyber incidents, ensuring their teams are equipped to respond effectively.

Ready Player Me

Seed Round in 2020
Ready Player Me, founded in 2014 and headquartered in Tallinn, Estonia, with an additional office in Los Angeles, California, specializes in creating realistic 3D avatars for virtual reality (VR) and augmented reality (AR) applications. The company utilizes advanced 3D scanning technology to generate lifelike avatars that enhance communication and interaction in gaming environments. Its platform supports developers by enabling the integration of custom 3D models into existing games, game engines, or VR applications, thereby facilitating more immersive experiences. In addition to its focus on gaming, Ready Player Me's technology also has applications in various sectors, including healthcare, where it aids in surgical planning through the creation of anatomical models. The company has showcased its scanning technology at various public venues, such as airports and museums, further demonstrating its innovative approach to 3D printing and scanning.

Taimer

Pre Seed Round in 2020
Taimer is a developer of comprehensive business management software tailored for small and mid-sized enterprises. The platform consolidates essential functions, including project management, customer relationship management (CRM), invoicing, sales pipeline management, resource planning, time tracking, and expense management. By offering a unified solution, Taimer enables businesses to streamline operations and enhance productivity. Key features include customizable CRM tools for managing contacts, project scheduling and task management capabilities to ensure timely project delivery, and integrated financial management for invoicing and payments. Additionally, the software provides business intelligence tools that offer actionable insights into various aspects of the business, such as profit and loss, sales performance, and productivity metrics. Taimer's focus on collaboration and communication is evident through its messaging, chat, and Kanban board functionalities, which facilitate team and customer interactions. Overall, Taimer equips enterprises with the necessary tools to improve efficiency, make informed decisions, and drive growth.

Vumonic Datalabs

Convertible Note in 2020
Vumonic Technologies Private Limited is a data intelligence company based in Bengaluru, India, focused on providing competitive insights for the e-commerce and retail sectors. Since its incorporation in 2016, Vumonic has developed a software platform that offers detailed analytics on market and transaction shares, including demographic and geographic insights. This technology enables businesses to understand consumer purchase behaviors and sentiment, while also analyzing customer lifetime value, retention rates, and revenue streams from both new and repeat customers. Vumonic serves clients across nine countries and three continents, delivering real-time market insights that empower strategic teams to gain a competitive advantage in the rapidly evolving online marketplace.

Logmore

Series A in 2020
Logmore is a provider of cost-efficient data logging solutions designed for logistics condition monitoring, particularly in the pharmaceutical and food industries. The company offers small IoT-enabled data loggers that monitor critical parameters such as temperature, humidity, and location, effectively minimizing waste and spoilage of sensitive products. Data is collected and uploaded swiftly through a simple QR code scan using any smart device with a camera, supported by Logmore's proprietary cloud service for easy access to vital information. With an affordable pricing model starting at 12€ per year per data logger, Logmore aims to enhance operational efficiency and reduce costs in global supply chains.

Speakly

Seed Round in 2020
Speakly is a language learning tool that leverages advanced technology to facilitate convenient language acquisition. It employs scientific principles and computational algorithms to tailor the learning experience to each user's strengths, enhancing their ability to memorize relevant vocabulary and phrases. By simulating real-life situations, Speakly allows users to practice and improve their language skills directly on their phones or computers. The platform aims to enable users to achieve fluency in multiple languages effectively and efficiently.

Showell

Seed Round in 2019
Showell is a sales enablement platform that focuses on enhancing the presentation, sharing, and tracking of content for sales teams. It allows users to create forms and interactive content, facilitating the sharing and presentation of documents, videos, and images across smart devices. The platform also provides online content management services that function without requiring an internet connection, enabling users to maintain access to their materials in various environments. Additionally, Showell offers clients the ability to visualize and customize branding options for their presentations, streamlining the sales process and improving overall efficiency.

Fractory

Seed Round in 2019
Fractory Ltd is a company that specializes in online sheet metal fabrication, providing a platform that connects engineering firms with manufacturing services. Established in 2019 and headquartered in Manchester, United Kingdom, Fractory enables users to upload CAD files, which are then matched with partner service providers based on their availability, location, and specific capabilities. The platform offers a comprehensive range of services, including laser cutting, plasma cutting, tube laser cutting, sheet metal fabrication, oxy cutting, waterjet cutting, metal bending, and surface treatment. By facilitating on-demand manufacturing, Fractory aims to streamline the production process for engineering companies, regardless of batch size, and enhance sustainability in manufacturing. The company operates in various regions, including the United States, the United Kingdom, and Nordic Europe.

Vumonic Datalabs

Seed Round in 2019
Vumonic Technologies Private Limited is a data intelligence company based in Bengaluru, India, focused on providing competitive insights for the e-commerce and retail sectors. Since its incorporation in 2016, Vumonic has developed a software platform that offers detailed analytics on market and transaction shares, including demographic and geographic insights. This technology enables businesses to understand consumer purchase behaviors and sentiment, while also analyzing customer lifetime value, retention rates, and revenue streams from both new and repeat customers. Vumonic serves clients across nine countries and three continents, delivering real-time market insights that empower strategic teams to gain a competitive advantage in the rapidly evolving online marketplace.

RangeForce

Seed Round in 2019
RangeForce is a software-as-a-service (SaaS) company that specializes in human cyber defense readiness. It provides a learning platform designed to enhance cybersecurity training by simulating cyberattacks and other threats within a cloud-based environment. This platform enables businesses to conduct realistic cybersecurity simulations and exercises, allowing information technology employees to develop and refine their defensive skills against evolving threats. By offering a sandbox environment, RangeForce helps organizations better prepare for actual cyber incidents, ensuring their teams are equipped to respond effectively.

Boksi

Venture Round in 2019
Boksi is a digital advertising platform that transforms the way companies acquire content by connecting them with influencers. The company provides a marketplace that analyzes the posts of micro-influencers on social media, particularly Instagram, and assesses the behavior and preferences of their followers. By leveraging this data, Boksi enables businesses to engage with authentic influencers who can create personalized content featuring their own products, resulting in a more genuine connection with consumers. This approach is not only more authentic than traditional stock photography but also offers significant cost savings, with companies realizing over 70% in savings compared to conventional photo shoots and media agencies.

Neural DSP Technologies

Seed Round in 2019
Neural DSP Technologies Oy, founded in 2017 and based in Helsinki, Finland, specializes in developing sound processing hardware and software for the music industry. The company's flagship product, the Quad Cortex, represents an innovative software-hardware ecosystem that allows musicians to capture, create, and share high-quality sounds. Utilizing proprietary technology known as Neural Capture, Neural DSP enables users to replicate the tonal characteristics of various amplifiers and effects with remarkable accuracy. This technology leverages advanced algorithms and machine learning, streamlining the sound design process and reducing the time and costs typically associated with achieving desired audio results. Neural DSP offers a range of products, including various amplification models and plugins, designed to empower musicians at all levels, from professionals performing in large venues to hobbyists experimenting at home.

eAgronom

Seed Round in 2018
eAgronom is a company dedicated to promoting sustainable agriculture through innovative technology. Founded by Robin Saluoks, eAgronom aims to align economic interests with ecological goals to accelerate the adoption of regenerative farming practices. The company offers an online farm management system that helps farmers plan, manage, and analyze agricultural activities efficiently. This platform also guides farmers toward carbon-capturing practices and provides transparency for carbon credit buyers. With over 1,500 paying farmers using their farm monitoring and AI consulting services, eAgronom is positioned to become a leading provider of agricultural carbon credits in Europe.

Playmore Games

Venture Round in 2018
Playmore Games Oy is a gaming company based in Helsinki, Finland, founded in 2014 by enthusiastic gamers and designers Jouni Jussila and Tomi Vainikka. The company specializes in developing and publishing tabletop games, with a focus on enhancing the gaming experience through its flagship product, Dized. Dized is an interactive companion application that provides players with customizable game tutorials and rules, allowing them to track gameplay in real-time. This innovative approach addresses a gap in the market for engaging and imaginative board games while leveraging modern technology to create a more immersive experience. As the popularity of board games continues to grow, Playmore Games aims to offer unique gaming experiences that encourage creativity and social interaction among players.

Speakly

Seed Round in 2018
Speakly is a language learning tool that leverages advanced technology to facilitate convenient language acquisition. It employs scientific principles and computational algorithms to tailor the learning experience to each user's strengths, enhancing their ability to memorize relevant vocabulary and phrases. By simulating real-life situations, Speakly allows users to practice and improve their language skills directly on their phones or computers. The platform aims to enable users to achieve fluency in multiple languages effectively and efficiently.
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