# Top 10 Mobile Apps Angel Investors in Estonia in May 2026

## Kristjan Raude
- Type: Angel
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Equity Crowdfunding
- Focus: Consumer Electronics, Internet of Things, Software

I am a serial entrepreneur and angel investor with 15+ years of international experience in sales & marketing, leading teams of 300+ with annual revenue of 10M+. Founder of 3 international companies and investor to 10+ startups. Member of the board at Estonian Business Angels Network.

## Madis Müür
- Type: Angel
- Location: Tallinn, Harjumaa, Estonia
- Relevant deals: 2
- Stages: Seed, Equity Crowdfunding, Pre-Seed
- Focus: Apps, Smart Building, Marketing Automation

Madis Müür

## Andrus Purde
- Type: Angel
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, Public Transportation, Internet

Experienced startup marketer. Co-founder and CEO of Outfunnel. Skype and Pipedrive alumni. Angel investor.

## Märt Kelder
- Type: Angel
- Location: Berlin, Berlin, Germany
- Relevant deals: 2
- Stages: Seed, Angel, Pre-Seed
- Focus: Public Transportation, Software, Apps

founder at Voog.

## Kristian Segerstrale
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Angel
- Focus: Gaming, Online Games, PC Games

Kristian Segerstrale is the Co-founder of Initial Capital and Board member of Supercell, as well as the Co-founder and CEO of Playfish. Kristian has been at the forefront of the rapidly transforming game industry since 2001.He was a co-founder of mobile gaming pioneer Macrospace – today Glu Mobile (Nasdaq: GLUU) in 2001 through the successfulIPO in 2007. He left to co-found Playfish, the social gaming pioneer, where he served as CEO through the company’s rapid growth to 60 Million players and the subsequent acquisition by Electronic Arts for $400M in 2009. After a period as EVP Digital at Electronic Arts driving the aggressive transformation of the company from packaged goods to digital, Kristian left in March 2013 to focus on startups. Today Kristian leads seed stage investments with Initial Capital and serves on the board of Supercell, the #1 iOS game company.Kristian has previously served on the board of LOVEFiLM, the European streaming video pioneer until its acquisition by Amazon.com.

## Riccardo Zacconi
- Type: Angel
- Location: London, England, United Kingdom
- Relevant deals: 1
- Stages: Series A, Seed, Series B
- Focus: Gaming, Mobile, Online Games

Previously, Riccardo served as vice president of European Sales and Marketing at uDate.com Ltd., an online dating service, and was involved in driving market penetration and partnerships until the company was acquired by InterActive Corporation in 2002. Before that, he was managing director for Spray Network GmbH an online portal based inHamburg with a presence in Germany, France, Italy, Sweden, Denmark and Norway. In this role, Riccardo demonstrated his understanding for developing solid company strategy, intelligent plans for sustainable growth and strategic partnerships, which supported the successful sale of Spray Network to Lycos for $764 million. In addition, Riccardo has been an entrepreneur-in-residence at Benchmark Capital Partners, a Qualified Case Leader at The Boston Consulting Group, Inc. and a consultant at LEK Consulting LLP. He holds a B.A. in Economics from LUISS University, Italy. Riccardo’s favourite King game used to be Jungle Bubble. He’s currently deciding on his new favourite King game.

## Veljo Otsason
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Film, Manufacturing, Electrical Distribution

Veljo Otsason is Estonian entrepreneur and investor. In 2007 he co-founded mobile payments company Fortumo and served as its CTO. Since 2013 he has been active angel investor and early backer of Bolt (formerly Taxify), Monese, Veriff, Pipedrive & 30+ others. In 2018 he co-founded Superangel, early-stage seed fund and company builder.

## Toomas Bergmann
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Angel
- Focus: Hardware, Mobile Apps, Construction

Toomas Bergmann

## Mikko Silventola
- Type: Angel
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Angel
- Focus: E-Commerce, Transportation, Apps

Mikko is an active investor, with over 50 investments globally. Besides Europe, he is also active in Southeast Asia, Middle East, and Lat Am. He is the first investor of Bolt (Estonia), an investor of Rappi (Colombia), and of Hugo (El Salvador). He has founded 3 international media companies which in total have generated over €35M in sales overjust a few years. He has helped companies with internationalization, fundraising and M&As in Asia, Europe and the Middle East.

## Anton Gauffin
- Type: Angel
- Location: Berlin, Berlin, Germany
- Relevant deals: 1
- Stages: Seed, Pre-Seed, Series B
- Focus: Gaming, Video Games, Mobile Apps

Anton Gauffin is the Founder of Sumoing.

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