Top 5 Mobile Startup Investors in Bulgaria (May 2026)

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

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

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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Summary - Rune Sovndahl (Born 13 February, 1975) is a Danish-born entrepreneur with over fifteen years' experience in the the IT, dot-com and telecommunications industries. He is the founder of Briing.com, Polish portal Gadatka.com and Victor Connect Ltd. He is currently the co-owner and CEO of international SEO agency Early Life- Sovndahl grew up in Copenhagen attending both Following his service in the Royal Danish Navy, Rune developed a passion for the culinary arts which lead to him to working in the kitchens of multiple Michelin Star restaurants in Copenhagen and Søllerød under the tutelage of Franz Stockhammer. Rune was fascinated by El Bulli and the school of culinary technology and organization, but he left the industry due to a severe shellfish allergy. He keeps the passion of his culinary days alive in the day to day work of his companies. Career- Rune's interest in technology and human interaction led him to the fields of Search Engine Marketing, Paid Search, Natural Search, Brand Discovery, and Protection & Visibility. His early days in technology involved the development of location-based systems and the early development of a In 2003 Rune launched a mid-sized SEO and affiliate web design company, - - - - - - - - - Personal Life – Sovndahl currently resides in London's Bloomsbury. He remains passionate about travel, culinary arts and designing sustainable business models for technology that optimize marketing and usability across the full value chain of the consumer. Philanthropy – Rune is the co-founder of Stepnote, a charity music school in Denmark. The

Investment focus

Industry: iOS, Apps, Mobile
Stage:Seed
Geography: Bulgaria

Investor stats

Total investments: 1
Lead/follow: 0% lead, 100% follow

Portfolio highlights

Appzio — Create great native apps easy. Appzio is a platform for full stack developers to create native mobile applications. Build and maintain apps from the backend, no compiling, no client side coding.

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Tim Draper is the Founder of Draper Associates. He was a Member of the Advisory Board at Mode Media. He attended Harvard Business School.

Investment focus

Industry: Software, FinTech, Mobile
Stage:Seed, Series A, Series B
Geography: United States, United Kingdom, Canada

Investor stats

Total investments: 216
Round size: Seed $350k–$3.7M; Series A $2.3M–$20M; Series B $3M–$32M
Lead/follow: 24% lead, 76% follow

Portfolio highlights

EtherMail — EtherMail is the Web 3.0 Email Solution setting the standard for anonymous and encrypted wallet-to-wallet communication.
Arkam Intelligence — See intelligence on the addresses, entities, individuals, and assets most important to you.
SignalRank Corporation — SignalRank Corporation is a FinTech company in the Venture space. It focuses on the seed stage asset class and uses data analytics to allocate capital to the best seed fund managers for their top performing companies. GPRank and CompanyRank are two proprietary algorithms it leverages to automate capital allocation. The company invests from balancesheet. Its customers are seed stage investors with outstanding companies in their portfolio.

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