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Top 25 Internet Startup Investors in Bulgaria (May 2026)

The most active venture capital funds and angel investors investing in Bulgaria Internet startups. This investor list is updated monthly from the Shizune investor database, ranked by number of investments in Bulgaria Internet startup companies. Find investors to raise a Pre-Seed, Seed or Series A round with Shizune.
Investor Relevant Deals Geography Stage Focus Round Size
Eleven Ventures
VC Fund
18 Bulgaria, United States, United Kingdom Seed, Convertible Note, Pre-Seed Software, SaaS, Information Technology $27k–$1.1M
LAUNCHub Ventures
VC Fund
9 Bulgaria, United Kingdom, United States Seed, Series A Software, SaaS, Enterprise Software $40k–$54M
Impetus Capital
VC Fund
3 Bulgaria, Germany, United States Seed, Convertible Note Software, Information Technology, Life Science $118k–$1.3M
Vitosha Venture Partners
VC Fund
2 Bulgaria, United States, France Seed, Pre-Seed Software, Marketplace, Apps $21k–$1.3M
Hristo Hristov
Angel
2 Bulgaria, Ireland, Romania Seed, Pre-Seed, Angel E-Commerce, Software, Advertising
Openfund
VC Fund
2 Greece, United Kingdom, United States Seed, Series A, Pre-Seed Software, Travel, E-Commerce $50k–$5M
Miodrag Stankovic
Angel
1 Bulgaria Angel Hardware, Child Care, Cloud Computing
Maven Capital
VC Fund
1 United States, Canada, Sweden Seed, Pre-Seed Blockchain, Gaming, Software $700k–$5.8M
Stanimir Vassilev
Angel
1 Bulgaria, United Kingdom Seed Farming, FinTech, Payments
Dejan Pejcic
Angel
1 Bulgaria Angel Hardware, Child Care, Cloud Computing
HR Capital
VC Fund
1 Bulgaria Seed Internet, Marketing, E-Commerce
European regional development fund (ERDF)
VC Fund
1 United Kingdom, Germany, France Grant, Pre-Seed Software, Information Technology, Artificial Intelligence $27k–$2.1M
Danish Chaudhry
Angel
1 United States, India, Canada Seed, Pre-Seed, Series A Blockchain, Cryptocurrency, Information Technology
Neo Gravity
VC Fund
1 Bulgaria Seed, Pre-Seed Pet, Craft Beer, Veterinary
Zoran Arsovski
Angel
1 Bulgaria Seed, Angel SaaS, Internet, Software
3TS Capital Partners
VC Fund
1 United States, Romania, Poland Series A, Seed Software, Internet, SaaS $702k–$9M
Skynet Trading
VC Fund
1 United States, Singapore, Bulgaria Seed, Series A Blockchain, Financial Services, Cryptocurrency $1.5M–$11M
Petr Baron
Angel
1 Bulgaria, Ukraine Seed FinTech, Internet, Marketing
Ascensive Assets
VC Fund
1 United States, Singapore, Brazil Seed, Series A Blockchain, Cryptocurrency, Gaming $1.2M–$8.6M
Bogomil Balkansky
Angel
1 United States, Bulgaria, Israel Seed, Series A, Series B Software, SaaS, Enterprise Software $321k–$19M
Nedelcho Spasov
Angel
1 Bulgaria, United Kingdom Seed Farming, FinTech, Payments
BrightCap Ventures
VC Fund
1 Bulgaria, United States, France Seed, Pre-Seed Software, Health Care, SaaS $214k–$6M
Denis Gorbunov
Angel
1 Bulgaria Seed Internet, Marketing, E-Commerce
SFC Capital
VC Fund
1 United Kingdom, United States, Canada Pre-Seed, Seed Software, Information Technology, Artificial Intelligence $123k–$2M
MetaCartel Ventures
VC Fund
1 United States, United Kingdom, Singapore Seed, Pre-Seed, Series A Blockchain, Cryptocurrency, Financial Services $1M–$12M
Access all 19 investors in Bulgaria Internet startups.

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Investor list

Eleven Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 18 investments in Bulgaria Internet startups, 10 in the past 12 months

We empower local heroes to build global success. Eleven is an early-stage VC investing in technology companies in Southeast Europe.

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Investment focus

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

Investor stats

  • Total investments: 123
  • Round size: Seed $27k–$1.1M; Pre-Seed $107k–$804k; Convertible Note $27k–$118k
  • Lead/follow: 33% lead, 67% follow
  • Last fund: Likely still investing — fund raised in 2022

Portfolio highlights

  • Pluria — Flexible offices in LATAM & Europe: hundreds of coworking spaces and meeting rooms for employees and teams. Hybrid work model for companies.
  • Cupffee — Cupffee creates and sells edible coffee cups and stirrers, manufacturing procedure produces no industrial waste, only clean steam and the delicious aroma of freshly baked cookies. Moreover, all leftover materials from the production of cups are utilized as ingredients for other edible products.
  • FlatAway — FlatAway is an online booking platform for hotels, vacation rentals, and apartments.
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LAUNCHub Ventures
VC Fund · Sofia, Grad Sofiya, Bulgaria · 9 investments in Bulgaria Internet startups

LAUNCHUB is a leading early-stage venture capital fund focused on investing in startups in South-Eastern (SEE) and Central-Eastern (CEE) Europe.

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Investment focus

  • Industry: Software, SaaS, Enterprise Software
  • Stage:Seed, Series A
  • Geography: Bulgaria, United Kingdom, United States

Investor stats

  • Total investments: 124
  • Round size: Seed $40k–$1.2M; Series A $1.4M–$54M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: May invest from a new fund soon — raised $75M in 2021

Portfolio highlights

  • AMPECO — AMPECO enables large-scale EV charging providers to launch and scale their business operations under their own brand. The company offers a white-label and hardware-agnostic EV charging management platform to cover all business cases - public, private, and home charging. Advanced energy management, flexible billing and subscription management,automatic maintenance algorithms, and inter-operator roaming are some of the platform’s key components. With security and scalability at its core, the platform allows large-scale operators like energy companies, oil and gas, fleets, hardware manufacturers and installers to achieve quick go-to-market in a few months with a ready-made platform combined with unmatched flexibility and extensibility via APIs. AMPECO supports more than 110 charging network operators in over 45 markets and has been globally recognized by Frost & Sullivan for its superior technological innovation and strategic development with the 2022 Global Product Leadership Award.
  • Colossyan — We make video creation simply and stressless. AI video technology allow us to crate video in just a few minutes. Ty out here.
  • Kubeark — Kubeark powers scalable, rapid, and compliant SaaSification and software lifecycle management.
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Impetus Capital
VC Fund · Sofia, Grad Sofiya, Bulgaria · 3 investments in Bulgaria Internet startups

Early stage venture capital fund partnering with founders at Seed and Series A stage. We are not simply the next investor who sends you money and shows up at board meetings. Our team seeks to empower you throughout your journey with actionable, game-changing support.

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Investment focus

  • Industry: Software, Information Technology, Life Science
  • Stage:Seed, Convertible Note
  • Geography: Bulgaria, Germany, United States

Investor stats

  • Total investments: 13
  • Round size: Seed $118k–$1.3M; Convertible Note $219k–$605k
  • Lead/follow: 38% lead, 62% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Tapline — Tapline turns your SaaS recurring revenues into fast, transparent and non dilutive growth capital.
  • Re:benefit — Re:Benefit pioneers in the market of benefits management platforms in Bulgaria and is among the most flexible and innovative solutions of its kind.
  • Hydrogenera — Hydrogenera specializes in the development of hydrogen technologies.
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Vitosha Venture Partners
VC Fund · Sofia, Grad Sofiya, Bulgaria · 2 investments in Bulgaria Internet startups, 14 in the past 12 months

Vitosha is a EUR 26m early-stage VC fund investing in innovative businesses in Bulgaria

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Investment focus

  • Industry: Software, Marketplace, Apps
  • Stage:Seed, Pre-Seed
  • Geography: Bulgaria, United States, France

Investor stats

  • Total investments: 23
  • Round size: Seed $50k–$1.3M; Pre-Seed $21k–$214k
  • Lead/follow: 87% lead, 13% follow

Portfolio highlights

  • Vodoraslo — Vodoraslo believes that everyone deserves better air quality, so by mixing innovation, design, and nature, we can create multiple positive impact solutions.
  • AIOT Cloud — Enabling businesses to be energy efficient while optimizing costs
  • Fabrico SaaS — Fabrico is a cloud-based CMMS, which manages all the maintenance processes in a production plant by integrating end-to-end maintenance strategies in a lean way. | Fabrico.io
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Hristo Hristov
Angel · Sofia, Grad Sofiya, Bulgaria · 2 investments in Bulgaria Internet startups

Hristo Hristov - Chief Executive Officer @ DarikNews.bg

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Investment focus

  • Industry: E-Commerce, Software, Advertising
  • Stage:Seed, Pre-Seed, Angel
  • Geography: Bulgaria, Ireland, Romania

Investor stats

  • Total investments: 10
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • ONDO Smart Farming Solutions — Precise drip irrigation management and control, precise plant nutrition and climate control for various crops - ONDO Smart Farming solutions.
  • Releva.ai — AI powered marketing automation for eCommerce Releva enables real-time revenue management with empathetic automated brand communication.
  • Biodit Global Technology JSC — BIODIT Hotel Management System is a solution that makes the management of each hotel more efficient, gives more comfort and tranquility.
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Openfund
VC Fund · Athens, Attiki, Greece · 2 investments in Bulgaria Internet startups

Openfund is a new seed capital venture, focusing on start-ups around software, mobile and the web. Based in Athens, Greece, the Openfund brings together an exceptional team of executives, an extensive list of advisors and a number of passionate investors to provide everything a team of entrepreneurs needs to turn ideas into products and success.

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Investment focus

  • Industry: Software, Travel, E-Commerce
  • Stage:Seed, Series A, Pre-Seed
  • Geography: Greece, United Kingdom, United States

Investor stats

  • Total investments: 47
  • Round size: Seed $50k–$675k; Series A $1.5M–$5M
  • Lead/follow: 15% lead, 85% follow
  • Last fund: May invest from a new fund soon — last raise in 2013

Portfolio highlights

  • Goodvidio — Goodvidio is a software service that turns the power of product videos into a conversion optimization tool. It helps ecommerce stores optimize their product pages for conversions by adding curated product videos from social media, to engage shoppers and drive purchases.
  • 100mentors — Your people empowered by GenAI. Ask better questions. Build better prompts.
  • Welcome Pickups — Book a trusted local driver to pick you up and introduce you to your next destination, pre-order travel essentials.
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Miodrag Stankovic
Angel · Nis, Vojvodina, Serbia · 1 investments in Bulgaria Internet startups

Miodrag Stankovic

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Investment focus

  • Industry: Hardware, Child Care, Cloud Computing
  • Stage:Angel
  • Geography: Bulgaria

Investor stats

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

Portfolio highlights

  • EuroPATC — EuroPATC is a new startup company established in June 2015. Their mission is to help parents and guardians of children (people) with autism to overcome one of their biggest fears - a fear of a lost child - a fear that their loved one is left without the necessary help in times when it is crucial. Their product is a tracking device that integratesadvanced cutting-edge technology with only one purpose, uncompromisingly child safety. The device has been designed in the form of wearable. The service that we provide to users will be one-of-its-kind, carefully designed for children (people) with autism. Their vision, like our mission, is to bring reliable solution and to help parents to OUTRUN THEIR WORST FEAR!
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Maven Capital
VC Fund · Dubai, Dubai, United Arab Emirates · 1 investments in Bulgaria Internet startups

We fund, support and advise ambitious cryptocurrency startups from seed to beyond.

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Investment focus

  • Industry: Blockchain, Gaming, Software
  • Stage:Seed, Pre-Seed
  • Geography: United States, Canada, Sweden

Investor stats

  • Total investments: 27
  • Round size: Seed $1.2M–$5.8M; Pre-Seed $700k–$3.4M
  • Lead/follow: 7% lead, 93% follow

Portfolio highlights

  • SuiPad — SuiPad is an IDO&INO platform, with selected projects, flexible whitelist, and fair level as the core positioning.
  • MetaFi — MetaFi operates as a Trading Metaverse. Trading Metaverse is a new kind of social trading experience governed by its users.
  • Goons of Balatroon — A 2D/3D hybrid metaverse featuring Free 2 Play 2 Earn card strategy gaming and land ownership. Ridiculous. Chaotic. Fun. Play for free and earn!
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Stanimir Vassilev
Angel · 1 investments in Bulgaria Internet startups

Stanimir Vassilev is the Co-Founder of Management Financial Group. He attended INSEAD .

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Investment focus

  • Industry: Farming, FinTech, Payments
  • Stage:Seed
  • Geography: Bulgaria, United Kingdom

Investor stats

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

Portfolio highlights

  • ONDO Smart Farming Solutions — Precise drip irrigation management and control, precise plant nutrition and climate control for various crops - ONDO Smart Farming solutions.
  • Payhawk — Save time and money, manage spend, and scale your business with Payhawk. Get premium Visa Cards, dedicated IBANs, SEPA, and Faster Payments, all in one place.
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Dejan Pejcic
Angel · Nis, Vojvodina, Serbia · 1 investments in Bulgaria Internet startups

Dejan Pejcic

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Investment focus

  • Industry: Hardware, Child Care, Cloud Computing
  • Stage:Angel
  • Geography: Bulgaria

Investor stats

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

Portfolio highlights

  • EuroPATC — EuroPATC is a new startup company established in June 2015. Their mission is to help parents and guardians of children (people) with autism to overcome one of their biggest fears - a fear of a lost child - a fear that their loved one is left without the necessary help in times when it is crucial. Their product is a tracking device that integratesadvanced cutting-edge technology with only one purpose, uncompromisingly child safety. The device has been designed in the form of wearable. The service that we provide to users will be one-of-its-kind, carefully designed for children (people) with autism. Their vision, like our mission, is to bring reliable solution and to help parents to OUTRUN THEIR WORST FEAR!
Show all investments...

Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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HR Capital
VC Fund · Sofia, Grad Sofiya, Bulgaria · 1 investments in Bulgaria Internet startups

A privately held investment vehicle

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Investment focus

  • Industry: Internet, Marketing, E-Commerce
  • Stage:Seed
  • Geography: Bulgaria

Investor stats

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

Portfolio highlights

  • Releva.ai — AI powered marketing automation for eCommerce Releva enables real-time revenue management with empathetic automated brand communication.
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European regional development fund (ERDF)
VC Fund · Brussels, Brussels Hoofdstedelijk Gewest, Belgium · 1 investments in Bulgaria Internet startups, 8 in the past 12 months

The European Regional Development Fund (ERDF) aims to improve the European Union's economic, social, and territorial cohesion by resolving imbalances across its various regions. ERDF funds initiatives for which the European Commission and national and regional governments in member countries share responsibility. Each member state'sgovernment decides which initiatives to support and is responsible for their continued supervision.

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Grant, Pre-Seed
  • Geography: United Kingdom, Germany, France

Investor stats

  • Total investments: 72
  • Round size: Grant $27k–$2.1M; Pre-Seed $43k–$359k
  • Lead/follow: 36% lead, 64% follow

Portfolio highlights

  • Hilo EV — Hilo EV uses AI to scan its surroundings for hazards such as pedestrians and vehicles, and actively applies a number of functions to warn of the danger.
  • Crespect — Achieve harmony in legal practice
  • ProTec Group — ProTec Group operates as a specialist prototype to production part supplier. ProTec Group provide a completely integrated design-to-production service from 1off CNC machined, fabricated or 3D printed to Low volume prototype & production manufacturing techniques.
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Danish Chaudhry
Angel · London, England, United Kingdom · 1 investments in Bulgaria Internet startups

Startup enthusiast and coffee addict

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Information Technology
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, India, Canada

Investor stats

  • Total investments: 12
  • Lead/follow: 0% lead, 100% follow

Portfolio highlights

  • DAM — DAM is a protocol for creating purchasing power from cross-chain token portfolios through dPRIME, a Dotsama-based stablecoin.
  • Bware Labs — Bware Labs provides an interface between Blockchain APIs consumers and node providers with integrated payment options and verified reliability, all embedded within our platform and protocol service.
  • Altitude — Actively managed collateralised loans
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Neo Gravity
VC Fund · Sofia, Grad Sofiya, Bulgaria · 1 investments in Bulgaria Internet startups

Neo Gravity is the 4th successive investment fund of serial entrepreneurs active in Southeast Europe since 2005.Investment strategy is to build increasing stakes in high-end consumer goods & services providers and in personal mobility. Investee companies and targets may be based in SEE but operate on a global scaleRapid digitalization ofthe global economy, convergence of EM economies to Western standards and spread of the pandemic have changed the purchasing behavior of the connected consumer.

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Investment focus

  • Industry: Pet, Craft Beer, Veterinary
  • Stage:Seed, Pre-Seed
  • Geography: Bulgaria

Investor stats

  • Total investments: 5
  • Lead/follow: 40% lead, 60% follow

Portfolio highlights

  • DoggoCollar — DoggoCollar is a smart dog collar that tracks dogs’ location, activity, temperature and health.
  • Share a Scoot — Season 2023 is now OPEN! The urban shared mobility service "SHAREASCCOOT" is now available. Have fun and drive carefully. !DO NOT PARK ON THE SIDEWALK! PARKING ON THE SIDEWALK IS STRICTLY FORBIDEN!
  • Cheese the Queen — CHEESE THE QUEEN'S VISION IS TO BE THE NUMBER ONE CHOICE OF CONSCIOUS CONSUMERS IN SEARCH OF THE DELIGHT OF A HEALTHY AND TASTY PALATE. IN PURSUIT OF OUR VISION, WE ARE DEDICATED TO CREATE A SIGNATORY PRODUCT LINE THAT OFFERS INSPIRATIONAL AND NUTRITION-RICH TASTE EXPERIENCE. OUR COMMITMENT TO THE OVERALL WELLNESS OF THE EARTH AND ALL OF ITSINHABITANTS IS MANIFESTED IN OUR CHOOSING OF PLANT-BASEDFOOD TO CREATE OUR PORTFOLIO; ALONG WITH OUR WAYS OF PRODUCTION CENTERED AROUND RESPONSIBILITY AND EFFICIENCY, AND OUR SOURCING AROUND SUSTAINABILITY.
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Zoran Arsovski
Angel · Sofia, Grad Sofiya, Bulgaria · 1 investments in Bulgaria Internet startups

Zoran and his team focus on Digital Marketing Consulting for B2B growth-stage companies supported by the leading technology VC funds.

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Investment focus

  • Industry: SaaS, Internet, Software
  • Stage:Seed, Angel
  • Geography: Bulgaria

Investor stats

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

Portfolio highlights

  • Releva.ai — AI powered marketing automation for eCommerce Releva enables real-time revenue management with empathetic automated brand communication.
  • icanpreneur — The first Accelerator-as-a-Software that guides tech entrepreneurs from idea to product/market fit without relying on luck
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3TS Capital Partners
VC Fund · Helsinki, Southern Finland, Finland · 1 investments in Bulgaria Internet startups

3TS Capital Partners is a European technology focused private equity and venture capital firms. 3TS provides expansion capital and buyout funding for small and medium-sized businesses in growth sectors including technology & internet, media & communications and technology-enabled services. Investors in the current and past 3TS fundstotaling over €300 million include EIF, EBRD, Cisco, OTP, Sitra, 3i and KfW among others.Its team of highly qualified experts become active business partners of the portfolio companies and deliver substantial value added beyond financing. When analyzing new investment opportunities and supporting portfolio companies, the company often augment its core team by its sector partners, various co-investors and other industry experts. 3TS is also an active member of several international industry associations and other organizations like EVCA – European Private Equity & Venture Capital Association, the International Venture Club and the Draper Venture Network.

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Investment focus

  • Industry: Software, Internet, SaaS
  • Stage:Series A, Seed
  • Geography: United States, Romania, Poland

Investor stats

  • Total investments: 58
  • Round size: Seed $702k–$2.6M; Series A $750k–$9M
  • Lead/follow: 44% lead, 56% follow
  • Last fund: Likely still investing — fund raised in 2021

Portfolio highlights

  • Autenti — Autenti is a platform for document authorization and contracting via the Internet. It facilitates the signing of many papers and accelerates the working mode in companies.
  • Spectrm — Streamline your marketing funnel with Spectrm conversational marketing. The leading end-to-end chatbot platform for growth teams and enterprise.
  • ShiftMed — ShiftMed offers a uniquely efficient and user-friendly approach to on-demand staffing for the healthcare industry with 90%+ show rates.
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Skynet Trading
VC Fund · 1 investments in Bulgaria Internet startups

Skynet Trading is a digital assets trading and investment firm in the crypto capital market.

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Investment focus

  • Industry: Blockchain, Financial Services, Cryptocurrency
  • Stage:Seed, Series A
  • Geography: United States, Singapore, Bulgaria

Investor stats

  • Total investments: 26
  • Round size: Seed $1.5M–$4.3M; Series A $9M–$11M
  • Lead/follow: 8% lead, 92% follow

Portfolio highlights

  • Veax — The Future of Decentralized Trading powered by Near blockchain.
  • Optix — Optix is ​​a multi-chain option protocol service provider.
  • Blocklords — Be part of the most ambitious strategy game of our age.
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Petr Baron
Angel · London, England, United Kingdom · 1 investments in Bulgaria Internet startups

Petr Baron CEO TBI Financial Services

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Investment focus

  • Industry: FinTech, Internet, Marketing
  • Stage:Seed
  • Geography: Bulgaria, Ukraine

Investor stats

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

Portfolio highlights

  • Finmap — Finmap is financial management tool that allows business owners to see the state of their company without special knowledge of finance and studying of complex systems. By using 3 simple buttons - income, outcome and transfer - all analytics appears in a few clicks at a glance: how much the company earned, which projects more profitable, astatement of cash flows, accounts receivable and payable of the company. Finmap makes it possible to see the business situation on one sheet, removes chaos in financial management and gives the business owner the opportunity to make the right decisions
  • Swipe.bg — Swipe.bg is the first Bulgarian platform for buying and selling second-hand mobile phones.
  • Releva.ai — AI powered marketing automation for eCommerce Releva enables real-time revenue management with empathetic automated brand communication.
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Ascensive Assets
VC Fund · Seoul, Seoul-t'ukpyolsi, South Korea · 1 investments in Bulgaria Internet startups

Ascensive Assets is a seed-stage venture firm that invests in blockchain-enabled companies across the full spectrum of web3.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Gaming
  • Stage:Seed, Series A
  • Geography: United States, Singapore, Brazil

Investor stats

  • Total investments: 38
  • Round size: Seed $1.2M–$8.6M
  • Lead/follow: 23% lead, 77% follow
  • Last fund: Likely still investing — raised $130M in 2021

Portfolio highlights

  • zkLink — zkLink is a unified middleware layer connecting L1 chains and L2 networks with zk-SNARKs technology, reshaping the crypto landscape for DeFi, NFT, and RWA trading.
  • Optix — Optix is ​​a multi-chain option protocol service provider.
  • Blocklords — Be part of the most ambitious strategy game of our age.
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Bogomil Balkansky
Angel · San Francisco, California, United States · 1 investments in Bulgaria Internet startups

Bogomil Balkansky is a Partner at Sequoia Capital. He started his career as a management consultant at McKinsey & Company. Bogomil holds a bachelor of arts in Mathematics from Cornell University and an MBA from Stanford Graduate School of Business.

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Investment focus

  • Industry: Software, SaaS, Enterprise Software
  • Stage:Seed, Series A, Series B
  • Geography: United States, Bulgaria, Israel

Investor stats

  • Total investments: 36
  • Round size: Seed $321k–$4.8M; Series A $17M–$19M
  • Lead/follow: 30% lead, 70% follow

Portfolio highlights

  • Cortex — Cortex makes it easy for engineering organizations to gain visibility into their services and deliver high quality software.
  • Stoke — Fiverr Enterprise is a SaaS platform which helps companies source, onboard, manage, and pay your freelance talent legally and compliantly.
  • Promethium — Promethium is an augmented data management provider with the first AI-powered solution that combines natural language processing (NLP) with automated data prep to deliver true self-service analytics. Users simply ask a question in natural language, and Promethium locates the data, demonstrates how it should be assembled, automatically generates theSQL statement to get the right data, and executes the query across multiple repositories.
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Access 48,091 investors

822 industries, 177 countries. Updated daily. Emails and phones included.

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Nedelcho Spasov
Angel · 1 investments in Bulgaria Internet startups

Nedelcho Spasov is a Co-Founder of Management Financial Group.

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Investment focus

  • Industry: Farming, FinTech, Payments
  • Stage:Seed
  • Geography: Bulgaria, United Kingdom

Investor stats

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

Portfolio highlights

  • ONDO Smart Farming Solutions — Precise drip irrigation management and control, precise plant nutrition and climate control for various crops - ONDO Smart Farming solutions.
  • Payhawk — Save time and money, manage spend, and scale your business with Payhawk. Get premium Visa Cards, dedicated IBANs, SEPA, and Faster Payments, all in one place.
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BrightCap Ventures
VC Fund · Amsterdam, Noord-Holland, The Netherlands · 1 investments in Bulgaria Internet startups

We invest in early-stage tech startups with roots in Southeast Europe, working on defensible technology and a clear strategy for entering affluent markets.

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Investment focus

  • Industry: Software, Health Care, SaaS
  • Stage:Seed, Pre-Seed
  • Geography: Bulgaria, United States, France

Investor stats

  • Total investments: 17
  • Round size: Seed $536k–$6M; Pre-Seed $214k–$375k
  • Lead/follow: 29% lead, 71% follow
  • Last fund: May invest from a new fund soon — raised $27M in 2018

Portfolio highlights

  • CoLumbo — CoLumbo helps radiologists work efficiently with MRI and achieve consistent, high-quality results. Our award-winning algorithm aids pathology detection, eliminates human biases and saves critical time in generating MRI reports.
  • Apricity — APRICITY is the world's first virtual fertility clinic. It aims at disrupting the fertility treatment experience and at improving chances for women and couples who have difficulties to conceive using data and Artificial Intelligence. The project is led by prominent entrepreneurs, medical practitioners, committed executives and data scientistswith a proven track record.
  • Kardi AI — With Kardi AI, we aim to offer medical grade cardiac home monitoring for a low cost by utilizing AI to achieve EKG level performance from a low-cost wearable that is available to the patient any time they need it. The Kardi AI kit is available from your cardiologist and contains all you'll need to have at home, cardiac monitoring whenever youneed. Kardi AI's artificial neural network will monitor and diagnose your heart every day, letting you know if you should contact your doctor or go to the emergency room.
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Denis Gorbunov
Angel · 1 investments in Bulgaria Internet startups

Denis Gorbunov

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Investment focus

  • Industry: Internet, Marketing, E-Commerce
  • Stage:Seed
  • Geography: Bulgaria

Investor stats

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

Portfolio highlights

  • Swipe.bg — Swipe.bg is the first Bulgarian platform for buying and selling second-hand mobile phones.
  • Releva.ai — AI powered marketing automation for eCommerce Releva enables real-time revenue management with empathetic automated brand communication.
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SFC Capital
VC Fund · London, England, United Kingdom · 1 investments in Bulgaria Internet startups, 24 in the past 12 months

SFC Capital, the UK's most active seed investor (PitchBook, 2020), provides capital and support to British startups. By combining its Angel Network and Seed Funds, SFC has created a unique model that allows investors to get exposure to SEIS- and EIS-qualifying businesses, either directly or through a diversified portfolio curated and managedby SFC’s expert team. In 2020, SFC received a £10m allocation from Business Investments as part of the Regional Angels Programme in support of SFC's mission to back promising early-stage companies from every corner of the UK.SFC Capital is an Appointed Representative of SFC Capital Partners Ltd which is authorised and regulated by the UK Financial Conduct Authority (FRN 736184).

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Investment focus

  • Industry: Software, Information Technology, Artificial Intelligence
  • Stage:Pre-Seed, Seed
  • Geography: United Kingdom, United States, Canada

Investor stats

  • Total investments: 179
  • Round size: Seed $153k–$2M; Pre-Seed $123k–$492k
  • Lead/follow: 43% lead, 57% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • Odore — Our platform enables the world's leading brands to sample their products more effectively.
  • Decently — Decently provides the world a better place by developing advanced digital products. Decently mission is to improve lives through innovative digital product.
  • TrainThis.AI — TrainThis.AI revolutionizes the way you manage and coach your team. Say goodbye to wasting hours on call reviews and email reading just to provide feedback on a fraction of the work. The company's real-time feedback system empowers your reps to receive continuous input on their work, eliminating poor-quality outcomes and maximizing thebenefits of ongoing feedback.
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MetaCartel Ventures
VC Fund · 1 investments in Bulgaria Internet startups

they aim to become the creator epicentre of the Web 3 movement,a hunting ground for the earliest of early ventures around decentralized applications and crypto experiments.they fund and support individuals and teams that aim to part-take in the collective effort towards this vision.they are a coordinating body, we are the connectors and fabric ofthe community.they are the infamous el cartel de la meta.

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Investment focus

  • Industry: Blockchain, Cryptocurrency, Financial Services
  • Stage:Seed, Pre-Seed, Series A
  • Geography: United States, United Kingdom, Singapore

Investor stats

  • Total investments: 30
  • Round size: Seed $1.2M–$9M; Pre-Seed $1M–$2.5M; Series A $4.3M–$12M
  • Lead/follow: 3% lead, 97% follow
  • Last fund: May invest from a new fund soon — last raise in 2019

Portfolio highlights

  • zkLend — zkLend is an L2 money-market protocol built on StarkNet, combining zk-rollup scalability, superior transaction speed, and cost-savings with Ethereum’s security.
  • Diagonal — Diagonal is the the most powerful API for crypto payments. Integrate crypto subscriptions in just a few lines of code, and get paid on multiple chains and in multiple tokens.
  • Float Capital — Float Capital is a synthetic asset protocol.
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Internet Investor funding in Bulgaria at a glance

Stats across 16 deals from 19 investors.

19
investors
in Bulgaria Internet startups
16
deals
in Bulgaria Internet startups
$75k
median round
in Bulgaria Internet startups
21%
lead investors
lead at least one round
69%
Seed
most common funding stage
68/32
VC / Angel
share of investor count

Access all 19 investors in Bulgaria Internet startups.

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