Indrek Kasela

Founding Partner

52 past transactions

Fractory

Private Placement in 2019
Fractory Ltd designs and develops an online platform for sheet metal fabrication. The company allows users to upload their CAD files and matches the order with partner service providers according to availability, location, and capabilities. It offers laser cutting, plasma cutting, tube laser, sheet metal fabrication, oxy cutting, waterjet cutting, metal bending, and surface treatment services. Fractory Ltd was incorporated in 2019 and is based in Manchester, United Kingdom.

PayQin

Seed Round in 2021
PayQin Ltd. owns and operates an e-wallet platform. The company offers a mobile application that comes with a built-in virtual debit card, which can be used for online payments. PayQin Ltd. was incorporated in 2017 and is based in London, United Kingdom with additional locations in France and Sweden.

FoodDocs

Seed Round in 2019
FoodDocs helps to create and maintain food safety management systems more easily. We help you to spend less on compliance and staff training and to make sure that your all business units are following the same food safety standard. FoodDocs has than 7000 customers from 59 different countries who confirm that this solution helps them to save at least 1 working day per each week on food safety-related actions. Putting up your food safety system is now 500 times faster than you suppose to have since now.

Grünfin

Seed Round in 2021
Grünfin is a sustainable investing platform for people who care about their impact.

Gridio

Pre Seed Round in 2019
Gridio 2.0 OU offers a cloud-based virtual power plant platform that generates revenue to households by adjusting the electricity consumption of electric device through application platform. The company was incorporated in 2018 and is based in Tallinn, Estonia.

OÜ Click & Grow

Private Placement in 2018
OÜ Click & Grow intends to manufacture and distribute a device which uses aeroponics for growing houseplants. The company is based in Estonia. OÜ Click & Grow operates as a subsidiary of Click & Grow LLC.

Mentornaut

Angel Round in 2021
Mentornaut is a new online tutoring platform is aiming to increase inclusion in personalized education and counts Super angel, United Angels VC, and a list of EdTech advocates like Bolt co-founder Martin Villig, and Clanbeat co-founder Kadri Tuisk among its investors.

Ou E-Agronom

Private Placement in 2018
Ou E-Agronom develops a SAAS system that helps grain farmers manage their paperwork, including government reports. The software allows farmers to plan, manage, and analyze the activities in one place. It provides services that include farming recommendations, equity analysis, overview of field situation by satellite, fertilization, yield, soil, land quality, and product purchases. The company was founded in 2016 and is based in Tartu, Estonia.

Bolt

Corporate Round in 2018
Bolt Technology OÜ provides a transportation platform that provides ride-hailing and scooter sharing services. The company offers Bolt, a smartphone application that sends taxi bookings directly to smartphones. Its application enables users to choose the taxi they want based on prices or quality rating; order from the application without waiting for the dispatcher; and shows the driver approaching on the map. The company was formerly known as Taxify OÜ. Bolt Technology OÜ was founded in 2013 and is based in Tallinn, Estonia.

Lift99

Seed Round in 2018
Founders' success is often defined by their physical location. Tapping into top startup ecosystems need expensive relocation and time. LIFT99 connects startup founders across borders by sharing unique knowhow through an invite-only online platform. Founders connect over burning topics like fundraising, entering new markets, hiring, etc. LIFT99 supports founders across their lifecycle and uses behavioral and company data to provide the highest value to founders. The online platform is supported by physical co-growing centers in emerging markets (CEE) and founder-focused events.

Sentinel

Seed Round in 2020
Sentinel works with governments, media, and defense agencies to help protect democracies from disinformation campaigns, synthetic media, and information operations by developing state-of-the-art AI detection platform.

Sidekik OÜ

Private Placement in 2020
Sidekik OÜ develops an artificial intelligence (AI) detection platform for governments and media organizations. It owns and operates a platform that helps to determine if digital media is artificial intelligence (AI) generated and save people from information warfare. The company’s platform helps in providing authentication layer, verifying information supply chain, and protecting against synthetic media. It serves governments, media, and defence agencies. The company was incorporated in 2018 and is based in Tallinn, Estonia.

Epic Foods

Seed Round in 2017
Epic Foods will replace your kitchen. It is a food tech company that combines sourcing, cooking and delivery, with minimal waste, emissions and costs. You pre-order for your family, and feed them healthy and affordable meals on a regular basis. The team comes from Facebook, Rocket and Michelin restaurants. Epic sold it's first 100,000 meals in Helsinki to build the world's leading unit economics, and is now scaling in Europe. Epic Foods was founded in 2014 in Finland.

Xolo

Series A in 2019
Xolo is focusing on 40 million professionals globally who have chosen to run their business independently. Its aim is to reduce time spent on business administration to near zero by offering an incredibly simple online platform that merges company formation, banking, accounting, and other services. Xolo is the quickest and easiest way to launch and run a one-person freelancing business in Europe. Its largest markets are Germany, Spain, France, the UK, Ukraine, and Turkey. Xolo's typical customers are software developers, management consultants, designers, or other independent professionals.

Biteful

Pre Seed Round in 2023
Biteful is on a mission to create a more sustainable global food system by modernizing the ordering process for the food & beverage industry. With Biteful, hotels, restaurants, cafes, and bars can delegate their ordering process to team members while managers discover new suppliers in their areas.

Gearbox Biosciences

Pre Seed Round in 2023
Gearbox Biosciences is a biotechnology company that provides new technology for the decoupling of protein production from cell growth. Gearbox Biosciences was founded in 2021 and was headquartered in Tartu, Estonia.

Grünfin

Seed Round in 2023
Grünfin is a sustainable investing platform for people who care about their impact.

Vumonic Datalabs

Convertible Note in 2020
Vumonic Technologies Private Limited, a data intelligence company, develops a software that provides competitive intelligence on market share (value share) and transaction share (volume share) to the e-commerce and e-tail industries. The company provides demographic and geographic insights, including revenue market share, transaction market share, average selling price, and competitor's growth areas. It enables e-commerce and retail companies to understand consumers' purchase behaviors and develop a consumer behavior and sentiment analysis. The company was incorporated in 2016 and is based in Bengaluru, India.

FoodDocs OÜ

Private Placement in 2019
FoodDocs OÜ provides FoodDocs, a food safety dashboard for food handling companies. Its solution allows users to prepare and manage their production/reselling related documents, such as product descriptions/technical specifications, technological charts, and labelling documents; create digital food safety plan; monitor sheets and delivery notes; upload records of pest control, cleaning plan, equipment maintenance, audits, inspector reports, client complaints, and audits; overview of employees, their medical certificates, hygiene trainings, and validity, as well as activates license/notification with various needed annexes and provides notifications of amendments in legislation. The company was founded in 2017 and is based in Tallinn, Estonia.

Xolo

Series A in 2021
Xolo is focusing on 40 million professionals globally who have chosen to run their business independently. Its aim is to reduce time spent on business administration to near zero by offering an incredibly simple online platform that merges company formation, banking, accounting, and other services. Xolo is the quickest and easiest way to launch and run a one-person freelancing business in Europe. Its largest markets are Germany, Spain, France, the UK, Ukraine, and Turkey. Xolo's typical customers are software developers, management consultants, designers, or other independent professionals.

Bob W

Seed Round in 2021
Hotel-like quality standards and scalable, ecologically mindful operations to the world of short stay rentals.

Yera

Seed Round in 2022
bitPerk allows boosting engagement and performance of software/creative teams by gamification and real-time rewards, easily integrated with Jira or Trello. You simply use bits (points) for each task and our flexible reward rules creator and then bitPerk will do the rest for you, rewarding your team in real-time when they deliver good stuff as agreed.

eAgronom

Series A in 2022
Founded 3.5 years ago by a son of a successful farmer and an experienced software developer, now 61 people team with experience from Stripe, Heap Analytics, Transferwise and ZeroTurnaround. Farmers spend weeks on government reports, get fined for the slightest mistake and most commonly manage their farm with Excel or pen and paper. eAgronom reduces generating reports to a couple of clicks, advises farmers on how to get the most out of their fields and warns against legislative violations while gathering data to unlock data mining potential for a 350 000 B industry. There are no other players in the industry who focus only on grain farming. eAgronom grabbed 70% of Estonian market in 6 months, in 1.5 years has expanded to 5 countries in Europe and into Canada. Ca 3,6M € funding from seed-investors.

CybExer Technologies

Funding Round in 2022
CybExer Technologies OÜ is a joint company established by two well-known Estonian cyber security and cyber solutions companies BHC Laboratory OÜ and Bytelife Solutions OÜ. Both companies have 50% share in Cybexer Technologies OÜ. Cybexer Technologies OÜ was established to develop and commercialize specific cyber security products by combining the expertise and experience of two founding companies. Bytelife Solutions OÜ is one of the leading cyber infrastructure and software development companies in Estonia with excellent track record in implementing complex, large-scale cyber projects. BHC Laboratory OÜ is cyber capabilities development company, that is mostly focused on serving international clients while maintaining strong relations with key Estonian clients.

Kingdom Technologies

Seed Round in 2022
Kingdom Technologies Ltd. develops and manufactures a robotic lawn mower for large terrains. The company was incorporated in 2018 and is based in Glasgow, United Kingdom.

LightCode Photonics

Pre Seed Round in 2021
LightCode Photonics is a science-intensive company developing breakthrough technology for mobility. We change the way a robot looks at the world by building Software Defined 3D cameras.

Fractory

Series A in 2021
Fractory Ltd designs and develops an online platform for sheet metal fabrication. The company allows users to upload their CAD files and matches the order with partner service providers according to availability, location, and capabilities. It offers laser cutting, plasma cutting, tube laser, sheet metal fabrication, oxy cutting, waterjet cutting, metal bending, and surface treatment services. Fractory Ltd was incorporated in 2019 and is based in Manchester, United Kingdom.

Not a Hotel Finland Oy

Private Placement in 2020
Not a Hotel Finland Oy operates serviced apartments for leisure and business travelers in Finland and Estonia. The company offers hotel-like services and amenities with the livability of a home. It also offers online booking services of properties and rooms. The company was incorporated in 2015 and is based in Helsinki, Finland.

eAgronom

Seed Round in 2018
Founded 3.5 years ago by a son of a successful farmer and an experienced software developer, now 61 people team with experience from Stripe, Heap Analytics, Transferwise and ZeroTurnaround. Farmers spend weeks on government reports, get fined for the slightest mistake and most commonly manage their farm with Excel or pen and paper. eAgronom reduces generating reports to a couple of clicks, advises farmers on how to get the most out of their fields and warns against legislative violations while gathering data to unlock data mining potential for a 350 000 B industry. There are no other players in the industry who focus only on grain farming. eAgronom grabbed 70% of Estonian market in 6 months, in 1.5 years has expanded to 5 countries in Europe and into Canada. Ca 3,6M € funding from seed-investors.

Fractory

Seed Round in 2019
Fractory Ltd designs and develops an online platform for sheet metal fabrication. The company allows users to upload their CAD files and matches the order with partner service providers according to availability, location, and capabilities. It offers laser cutting, plasma cutting, tube laser, sheet metal fabrication, oxy cutting, waterjet cutting, metal bending, and surface treatment services. Fractory Ltd was incorporated in 2019 and is based in Manchester, United Kingdom.

Click & Grow

Venture Round in 2018
Click & Grow LLC develops a technology based indoor gardening solution that helps plants to grow using automatically controlled technology. It offers Smart Herb Garden, a gardening solution that lets multiple plants to grow at a time. The company also offers Smart Herb Garden Refill, a technology solution with nano-tech growth medium that releases right amount of water, oxygen, and nutrients for plants. In addition, it offers Smart flowerbed, a home garden solution for herbs and flowers; Smart flowerbed Refill, a gardening solution that measures the vitals of plants and makes sure the environment is suitable; and gardening accessories. The company offers its products online in the United States and Europe. Click & Grow LLC was founded in 2010 and is based in Palo Alto, California.

Kingdom Technologies

Private Placement in 2019
Kingdom Technologies Ltd. develops and manufactures a robotic lawn mower for large terrains. The company was incorporated in 2018 and is based in Glasgow, United Kingdom.

Vumonic Datalabs

Seed Round in 2019
Vumonic Technologies Private Limited, a data intelligence company, develops a software that provides competitive intelligence on market share (value share) and transaction share (volume share) to the e-commerce and e-tail industries. The company provides demographic and geographic insights, including revenue market share, transaction market share, average selling price, and competitor's growth areas. It enables e-commerce and retail companies to understand consumers' purchase behaviors and develop a consumer behavior and sentiment analysis. The company was incorporated in 2016 and is based in Bengaluru, India.

Guestjoy

Seed Round in 2018
GuestJoy Ltd designs and develops communication management software which enables hotels to manage their revenue and also collects online reviews. The company's software offers customer relationship management solutions such as pre-arrival emails; mobile concierge which provides information about the guests, facilitates requests, and receive orders; upsell services, and guest reviews. The company was incorporated in 2014 and is based in Tallinn, Estonia.

Kingdom Technologies

Venture Round in 2024
Kingdom Technologies Ltd. develops and manufactures a robotic lawn mower for large terrains. The company was incorporated in 2018 and is based in Glasgow, United Kingdom.

Gridio

Seed Round in 2022
Gridio 2.0 OU offers a cloud-based virtual power plant platform that generates revenue to households by adjusting the electricity consumption of electric device through application platform. The company was incorporated in 2018 and is based in Tallinn, Estonia.

Yaga

Seed Round in 2022
Yaga is designed for everyone who wants to sell items online in a convenient and secure manner.