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Top 10 Consumer Angel Investors in Estonia (October 2023)

The most active angel investors investing in Estonia Consumer startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Estonia Consumer startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Taavi Kotka
Angel
2 Estonia Pre-Seed, Seed, Angel Electronics, Battery, FinTech
Toomas Kõuhkna
Angel
1 Estonia Seed Battery, Electronics, Manufacturing
Artis Kehris
Angel
1 Estonia, Latvia, Australia Seed, Pre-Seed Information Technology, Information Services, Legal
Ragnar Sass
Angel
1 Estonia, United States, United Kingdom Pre-Seed, Seed Software, Information Technology, SaaS $107k–$6.5M
Sten Tamkivi
Angel
1 Estonia, United States, United Kingdom Seed, Pre-Seed, Series A Software, Financial Services, Artificial Intelligence $386k–$1M
Martin Villig
Angel
1 Estonia, Spain, South Africa Seed, Angel, Pre-Seed Software, Information Technology, Education $113k–$1.3M
Mada Arslan
Angel
1 Norway, Denmark, Estonia Convertible Note, Series A Apps, Sports, Consumer Goods
James B Gambrell
Angel
1 Estonia, United Kingdom Series B Sports, Fashion, E-Commerce
Andrius Slimas
Angel
1 Spain, Estonia, Australia Seed Information Technology, Cooking, Jewelry
Markku Jääskelainen
Angel
1 Estonia Series A Drones, Big Data, Software
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Investor list

Taavi Kotka
Angel · 2 investments in Estonia Consumer startups

Taavi Kotka, currently the Estonian Government CIO, has a strong background working in private sector. He started his career as a programmer, rapidly rising to be a Managing Director of the most successful software development company in the region – Nortal, former Webmedia. He is a founder of many innovative start-up companies likezeroturnaround.com, plumbr.eu etc. He has a Master of Science in Engineering from Tallinn University of Technology. Also, Taavi Kotka has many honors: he is the European CIO of the Year 2014 (by ICT Spring), he was the president of the Estonian Association of Information Technology and Telecommunications (ITL) and he was elected as an Entrepreneur of the year in 2011 (by Ernst&Young). Taavi is a board member in many ICT initiatives in Estonia and has been the brainpower behind many Estonian e-government innovative initiatives like e-residency, data embassy, no-legacy policy etc.

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Investment focus

  • Industry: Electronics, Battery, FinTech
  • Stage:Pre-Seed, Seed, Angel
  • Geography: Estonia

Investor stats

  • Total investments: 7
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Salv — Smart AML solutions. Detect and mitigate money laundering risks through advanced transaction monitoring, sanction screening, and KYC risk scoring.
  • VOOL — VOOL is a one-stop shop for uninterrupted EV Charging. Experience chargers that are reliable, save money, and look damn good. Made in Estonia.
  • Introwise — Introwise makes it easy for everyday experts to offer coaching and advice online.
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Toomas Kõuhkna
Angel · 1 investments in Estonia Consumer startups

Toomas Kõuhkna

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Investment focus

  • Industry: Battery, Electronics, Manufacturing
  • Stage:Seed
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • VOOL — VOOL is a one-stop shop for uninterrupted EV Charging. Experience chargers that are reliable, save money, and look damn good. Made in Estonia.
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Artis Kehris
Angel · 1 investments in Estonia Consumer startups

Artis Kehris - Co-Founder @ Printify

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Investment focus

  • Industry: Information Technology, Information Services, Legal
  • Stage:Seed, Pre-Seed
  • Geography: Estonia, Latvia, Australia

Investor stats

  • Total investments: 5
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Cloud Factory — Cloud Factory provides consulting, implementation, and support for Dynamics 365 Business Central, MYOB Advanced, SAP B1, Wiise and Korber Warehouse Management.
  • Legal Nodes — Offload your legal tasks to a virtual legal department and get on with running your business. Get started with the Legal Nodes platform for free.
  • Cloud Factory — Cloud Factory is developing their own line of custom-branded jewelry products for brands, artists, and creators.
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Ragnar Sass
Angel · 1 investments in Estonia Consumer startups

Ragnar Sass has strongest skill is to find the best people and keep them rocking in speed of 200 km/h. He has organized 20+ Hack-a-thons Garage48 in Eastern Europe + West & East-Africa. He advise other founders and share experience where it could help.

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Investment focus

  • Industry: Software, Information Technology, SaaS
  • Stage:Pre-Seed, Seed
  • Geography: Estonia, United States, United Kingdom

Investor stats

  • Total investments: 30
  • Round size: Seed $800k–$6.5M; Pre-Seed $107k–$500k
  • Lead/follow: 3% lead, 97% follow

Portfolio highlights

  • Alvin — Highly accurate, automated column-level lineage, powering your data workflows.
  • BeTRITON — 100% electric recreational vehicle - revolution in sustainable travel. BeTRITON (formerly known as Z-Triton) offers extraordinary experience and freedom to travel both over land and water.
  • Around — The largest network of workspaces on flexible terms. We are a savvy team from Latin America providing fast-growing companies with on-demand access to flexible office space. Everywhere.We believe work at its best is always creative and collaborative, expressed with freedom, autonomy, and purpose; and the space surrounding us should help us achieveit, anywhere & everywhere.We are shaping the future of work today by improving workspaces and the rules around them, and helping innovative teams find their ideal space to make their best work every day — our first step on a journey to change the way we work and think about work.Our best work. Anywhere. Everywhere. We are Around.
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Sten Tamkivi
Angel · San Francisco, California, United States · 1 investments in Estonia Consumer startups

Sten Tamkivi is the Chief Product Officer at Topia (formerly MOVE Guides). He was previously co-founder and CEO of Teleport (acquired by Topia), the place to scout for startup people. He co-founded the company as an EIR at Andreessen Horowitz.Sten has been a tech entrepreneur since 1996. After founding a few companies in Estonia, he joined Skypeas an early executive, ran the original R&D office, and held several global product leadership roles for 8+ years.He has an MS in Management from Stanford GSB.

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Investment focus

  • Industry: Software, Financial Services, Artificial Intelligence
  • Stage:Seed, Pre-Seed, Series A
  • Geography: Estonia, United States, United Kingdom

Investor stats

  • Total investments: 33
  • Round size: Seed $386k–$1M
  • Lead/follow: 18% lead, 82% follow

Portfolio highlights

  • Salv — Smart AML solutions. Detect and mitigate money laundering risks through advanced transaction monitoring, sanction screening, and KYC risk scoring.
  • Katana — Katana gives thousands of manufacturers a live look at their business with visual, intuitive, and easy-to-use ERP software.
  • Entrepreneur First — We are the best place for the world's most ambitious talent to come together and build game-changing technology startups from scratch.
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Martin Villig
Angel · Tallinn, Harjumaa, Estonia · 1 investments in Estonia Consumer startups

Martin is co-founder of Bolt.eu, Estonian Founders Society, Garage48.org, Good Deed Education Foundation and kood/Jõhvi coding school. Read more from http://martinvillig.com

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Investment focus

  • Industry: Software, Information Technology, Education
  • Stage:Seed, Angel, Pre-Seed
  • Geography: Estonia, Spain, South Africa

Investor stats

  • Total investments: 20
  • Round size: Seed $500k–$1.3M; Angel $113k–$643k
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Planet42 — Having your own car has never been easier. Planet42 is a vehicle rental company offering rent-to-buy car service for private clients.
  • Mentornaut — 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.
  • StudentFinance — Catapult your career with leading re-skilling and up-skilling bootcamps. Study now and pay us back once you land a job & start earning!
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Mada Arslan
Angel · Madrid, Madrid, Spain · 1 investments in Estonia Consumer startups

Prior to Id4 ventures Mada was Head of Financial Control & Compliance at Leap Ventures and consultant at Lebanese central bank Banque Du Liban. Before that, she spent 3 years as an auditor at PwC. Mada holds a BBA with an emphasis in accounting & an MBA from the American University of Beirut and is a Certified Public Accountant licenseefrom the State of New Hampshire USA.

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Investment focus

  • Industry: Apps, Sports, Consumer Goods
  • Stage:Convertible Note, Series A
  • Geography: Norway, Denmark, Estonia

Investor stats

  • Total investments: 3
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Hooves — Hooves connects horses and riders by communicating through an easy-to-use app. Hooves brings the horse sport into the sharing economy. With the management's app building trust and easing communication, and our insurance securing everything, it is lowering costs and creating new opportunities in a very elitist market.
  • Drylab R&D — Drylab is the professional filmmakerʼs window into a movie or TV series, from start of shooting to the finished production.
  • Ampler Bikes — Smart, durable and light e-bikes that look like classic bicycles. Select your Ampler e-bike online today and start your journey.
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James B Gambrell
Angel · London, England, United Kingdom · 1 investments in Estonia Consumer startups

James B Gambrell - CEO @ Supponor

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Investment focus

  • Industry: Sports, Fashion, E-Commerce
  • Stage:Series B
  • Geography: Estonia, United Kingdom

Investor stats

  • Total investments: 2
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Rakuten Fits Me — Fit Origin is the ultimate fit recommendation solution for eCommerce fashion retailers which puts fit and body shapes at the heart of the online shopping experience. It combines garment data and shopper data to determine which size garment will fit them, the way they want to wear it.Each shopper’s measurements are calculated based on height,weight, age and body shape. Deep statistical analysis of thousands of detailed body scans allows their data scientists to use these limited data points to infer high quality information about the shopper’s measurements.Every garment is analysed by their garment technologists, taking many factors into account including silhouette, stretch and fit preference. A shopper’s body measurements are used in conjunction with garment measurements to interpret how each size will fit a shopper.Fit Origin recommends the best size to fit shoppers, with the ability to compare sizes based on their own fit preferences.Their fit recommendation solution allows your shoppers to buy with confidence. At Rakuten Fits Me they are all about ‘Me’ fashion, not mass fashion. They are the only size and fit solution provider to align your product data with shopper body data so they get the perfect fit, first time, every time.
  • Supponor — Supponor provides commercially and technically proven solutions that deliver virtually enhanced advertising spaces in live sports broadcast.
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Andrius Slimas
Angel · Vilnius, Vilniaus Apskritis, Lithuania · 1 investments in Estonia Consumer startups

Andrius Slimas - CEO and co-founder @ Oberlo, formerly head of web agency Studio4, over ten years experience in ecommerce, dropshipping and software development.Oberlo is a dropshipping solution for ecommerce store-owners. It provides a number of dropshipping automation tools and instant access to millions of products available fordropshipping.

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Investment focus

  • Industry: Information Technology, Cooking, Jewelry
  • Stage:Seed
  • Geography: Spain, Estonia, Australia

Investor stats

  • Total investments: 4
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • Cloud Factory — Cloud Factory provides consulting, implementation, and support for Dynamics 365 Business Central, MYOB Advanced, SAP B1, Wiise and Korber Warehouse Management.
  • Promos — Promos is a startup combining machine learning and crowdsourced market research data.
  • Cloud Factory — Cloud Factory is developing their own line of custom-branded jewelry products for brands, artists, and creators.
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Markku Jääskelainen
Angel · 1 investments in Estonia Consumer startups

Markku Jääskelainen.

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Investment focus

  • Industry: Drones, Big Data, Software
  • Stage:Series A
  • Geography: Estonia

Investor stats

  • Total investments: 1
  • Lead/follow: no public data

Portfolio highlights

  • Hepta Airborne — Hepta provides automated power grid management and analysis using autonomous drones and powerful analytics software. Visit our website to find out more!
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