€100k-500k in pre-seed capital initial investments, hands-on support to reach product-market fit and a deep network of later stage investors and partners
we only back teams who can build global scale businesses
local Baltic founders in Estonia, Latvia or Lithuania, or Baltic diaspora globally
our main investment criteria is team and whether they have the grit to succeed
Monetizr provides an advertising and experience platform for gaming that enables brands to market to consumers with unprecedented levels of engagement. This startup, a graduate of TechStars, has spent years understanding how to build interactive advertising into casual game play and have secured top global brands as customers including FMCG powerhouse Proctor & Gamble brands such as Tide, Downy and Charmin. Brands now have a new channel to access the large and increasing portion Gen Z and female gaming audiences. Change Ventures led Monetizr's $4M seed round, joined by TechStars, Ludus Ventures and angels including Ari Paparo, CEO at Marketecture Media and former executive at Google and Beeswax, as well as Jared Schrieber, Founder of InfoScout/Numerator.
Formaloo is a no-code collaboration platform that helps businesses create custom data-driven business applications and internal tools, automate their processes and engage their audience. They help over 27,000 businesses every day to collect, organize and understand their data. Formaloo helps teams collaborate and go from idea to execution in no time. Formaloo provides drag-and-drop tools that enable businesses to develop software quickly without coding and with database infrastructure and drag-and-drop components to quickly assemble and design powerful applications and internal tools.
This Iranian team left their home country and set up shop in Estonia to launch the business from there, becoming Change Ventures first Baltic founder investment with all the team being immigrant founders. We are excited to lead the funding round, along with Hyde Park Ventures (their first ever European investment), Startup Wise Guys, Mana Ventures and other angel investors.
Modash has built the world's leading platform for brands to manage find and verify creators for their influencer campaigns. Modash lists every creator on Instagram, TikTok, and YouTube and helps brands measure influencer performance, gain audience insights in order to confidently choose the right creators. Change Ventures was proud to lead their $2M seed round to scale the business.
AskRobin's marketplace has connected more than 1 million consumers in Latin America with over 200 entities offering financial products.
Fyma turns your security camera into a predictive sensor, unlocking the data within your video streams.
Veriff is one of the leading providers of online ID verification. Their developer-friendly API solution has superior and highly automated video capture tech that supports the widest range of ID document types. YCombinator W18 graduates.
Planet42 provides inclusive fintech solutions to the underbanked in South Africa. The fast growing rent-to-buy vehicle offering is generating a significant social impact, enabling 24 million credit impaired people to access car financing and regain mobility.
99Math is an online math league where students and schools can compete against each other. eSports competitive approach makes math learning and practice fun for everyone.
Aerones is the world’s leading robotic wind turbine blade inspection, maintenance and repair system.
Qoorio is a community for humans to share life learnings & knowledge. A verified identity marketplace where curious people can buy time from sellers on whatever topic they need to understand better.
Online marketplace for passive job seekers in tech sector. MeetFrank enables tech talent to anonymously and passively monitor for relevant job offers. For recruiters, MeetFrank significantly increases the speed of delivery of high quality leads with relevant skills, experience and salary range.
Open banking analytics products for banks, lenders and fintechs, who use the Nordigen platform to turn raw account data in to valuable insights.
Smart-device solution for accurate timber measurement and data management. Timbeter’s machine learning algorithm analyses timber photos to create volumetric calculations that are 5x faster and 10x quicker than manual measurements.
Mobile app and cloud solution for replacing audio streaming hardware at events, especially for simultaneous interpretation.
Festivality provides a full-service platform to enable innovative mobile applications for attendees at music, sports, business and other live events.
Giraffe360 enables real estate brokers and agents to produce stunningly beautiful photographic content for listings, leveraging the firm’s unique robotic camera.
The first mindful conversation app powered by ethical AI, designed to help people build better relationships.
SprayPrinter redefines out of home advertising with novel spray printing robots that colour print any size wall in a matter of hours. Enables brands to turn dull walls into artistic commercial murals that drive engagement and social media sharing.
Guaana helps researchers to find relevant funding and collaboration partners for nascent research projects. Synchronising researcher and foundation needs, Guaana has created a fast and transparent grant distribution model that is completely based on peer evaluation.
C-level roles in sales, marketing, product and business development at successful startups in US, UK and Israel, including AeroScout ($240M exit) and Bookatable ($110M exit). Prominent Baltic startup ecosystem leader, co-founder of TechHub Riga and TechChill. MBA, Stanford Graduate School of Business.
Tech-startup CEO, angel investor, venture advisor, public speaker. Managing Partner at angel investment & financial advisory firm Solon Partners. Co-founder of business angel network (EstBAN) and Estonian VC Association (EVCA). Juris Doctorate cum laude, University of Minnesota.
Tech-entrepreneur, angel investor, mentor and advisor. Springboard / Techstars London Alumni. Founder and CEO of multiple tech startups, including Indilo Wireless (acquired by Mobi) and nodeSWAT. Managing Partner at angel investment & financial advisory firm Solon Partners. BA International Business, Estonian Business School.
Tim co-founded Fund Fellow Founders, a cross-border tech angel investment community, prior to which he established the Baltic headquarters for Swedish venture studio VNTRS in Tallinn and led partnerships and fundraising at Latitude59. Tim hosts the Investor Story podcast and is a graduate of London Middlesex University.
Ventures Analyst at Plug & Play Ventures in Silicon Valley, prior to which worked at Latvian startup Mintos. Bachelor of Business Administration, Riga Business School. Future Leaders Academy 2020, Stockholm School of Economics in Riga.
Experience at EY and KPMG transaction advisory, specializing in Financial Due Diligence and Valuations. Masters in Finance, Tallinn University of Technology.
Community management experience in Estonian startup ecosystem. Kärt holds BA in Public Management and 5+ years experience in strategic planning. MBA candidate in Estonian Business School. She will start managing community relationships and events, support the investment team with pre and post-investment research.
The investment team is supported in the USA by Fund I partner Edward Steiner, who, along with the late Harry Huge, was instrumental in the foundation and launch of Change Ventures.
Learn moreThe Change Ventures investment team is supported by a broad community of founders, angel investors, limited partners and venture partners whom we collaborate with to find ambitious Baltic founders and to support them after investment.
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