# Top 50 Software Angel Investors in Estonia in May 2026 ## Jaan Tallinn - Type: Angel - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 12 - Stages: Seed, Series A - Focus: Software, Artificial Intelligence, Internet Jaan Tallinn is the Co-founder of Future of Life Institute. ## Martin Villig - Type: Angel - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 8 - Stages: Seed, Angel, Pre-Seed - Focus: Software, Information Technology, Education 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 ## Sten Tamkivi - Type: Angel - Location: San Francisco, California, United States - Relevant deals: 8 - Stages: Seed, Pre-Seed, Series A - Focus: Software, Financial Services, Artificial Intelligence 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. ## Kristjan Raude - Type: Angel - Relevant deals: 7 - 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. ## Martin Tajur - Type: Angel - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 7 - Stages: Pre-Seed, Seed, Angel - Focus: Software, SaaS, Recruiting Martin Tajur is the co-founder of Pipedrive. ## Ragnar Sass - Type: Angel - Relevant deals: 7 - Stages: Pre-Seed, Seed - Focus: Software, Information Technology, SaaS 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. ## Timo Rein - Type: Angel - Location: New York, New York, United States - Relevant deals: 6 - Stages: Seed, Angel, Convertible Note - Focus: Software, Artificial Intelligence, Human Resources Timo Rein - Co-Founder @ Pipedrive ## Andrus Purde - Type: Angel - Relevant deals: 6 - Stages: Seed, Pre-Seed - Focus: Software, Public Transportation, Internet Experienced startup marketer. Co-founder and CEO of Outfunnel. Skype and Pipedrive alumni. Angel investor. ## Martin Henk - Type: Angel - Location: San Francisco, California, United States - Relevant deals: 6 - Stages: Pre-Seed, Seed, Angel - Focus: Software, SaaS, Information Technology Martin Henk is the Co-founder of Pipedrive. ## Kaarel Kotkas - Type: Angel - Relevant deals: 5 - Stages: Seed, Series A, Angel - Focus: Gaming, Software, 3D Technology Kaarel Kotkas is a Co-Founder and CEO at Veriff. ## Kristjan Vilosius - Type: Angel - Relevant deals: 5 - Stages: Seed, Angel, Pre-Seed - Focus: Software, Information Technology, E-Commerce Kristjan Vilosius - Co-Founder and CEO @ Katana ## Taavet Hinrikus - Type: Angel - Location: London, England, United Kingdom - Relevant deals: 4 - Stages: Seed, Series A, Series B - Focus: FinTech, Financial Services, Software Taavet Hinrikus is co-founder and CEO of TransferWise. Prior to starting TransferWise, Taavet was Skype’s director of strategy until 2008, starting as its first-ever employee. One of the World Economic Forum's Tech Pioneers, Taavet is an adviser to Prime Minister of Estonia on the digital agenda. He’s also a mentor and angel investor; hisinvestments include Tweetdeck, Mendeley, OMGPOP, Property Partner, Sunrise, Improbable and Mapillary. ## Ahti Heinla - Type: Angel - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 4 - Stages: Seed, Angel, Series A - Focus: Internet, Project Management, Software Ahti is the CEO, CTO and co-founder in Starship Technologies, a startup that intends to disrupt last-mile delivery by introducing self-driving local delivery robots. He is also a co-owner in Ambient Sound Investments, a private investment vehicle launched by Estonian Skype co-founders.Ahti conducts technical reviews of all ASI's potentialinvestments. His experience and knowledge as a system architect is invaluable in assessing and managing ASI's portfolio companies.Ahti picked up programming at the early age of ten, his fascination with all things technical resulting in him being the lead technical architect at Skype. Ahti has also worked on artificial intelligence, 3D graphics engines, signal processing, and building mobile phones.Out of the office, Ahti dons his running gear to enjoy orienteering and adventure racing events, where navigation is his strong-point. ## Mikko Silventola - Type: Angel - Relevant deals: 4 - 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. ## Märt Kelder - Type: Angel - Location: Berlin, Berlin, Germany - Relevant deals: 4 - Stages: Seed, Angel, Pre-Seed - Focus: Public Transportation, Software, Apps founder at Voog. ## Peep Vain - Type: Angel - Relevant deals: 4 - Stages: Seed, Angel - Focus: Software, Genetics, Recruiting Peep Vain is the Private Investor at Vain and Partners. He attended Bentley University. ## Taavi Kotka - Type: Angel - Relevant deals: 3 - Stages: Pre-Seed, Seed, Angel - Focus: Electronics, Battery, FinTech 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. ## Alvar Lumberg - Type: Angel - Relevant deals: 3 - Stages: Seed - Focus: Software, FinTech, GreenTech Alvar Lumberg - CTO, co-founder @ Grünfin ## Veljo Toodo - Type: Angel - Relevant deals: 3 - Stages: Angel, Pre-Seed - Focus: Apps, Fitness, Software Veljo Toodo ## Kuido Lepik - Type: Angel - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: Apps, GPS, Pet Kuido Lepik - Owner & CEO @ Signiti ## Andres Kull - Type: Angel - Relevant deals: 3 - Stages: Seed, Series A - Focus: AgTech, Farming, Software Andres Kull ## Marek Kiisa - Type: Angel - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 3 - Stages: Seed, Series A, Pre-Seed - Focus: Software, Information Technology, Artificial Intelligence Marek Kiisa is the co-founder and Managing Partner at NordicNinja VC, and the co-founder and partner at Superangel.io. He has made 15 private angel investments and created several companies, like Astrec Baltic, Pilvio.io and Kood/Johvi coding school. He has his Master Degree on Machine Design from KTH Stockholm and he is a Kauffman FellowClass 19. ## hi VC - Type: Angel - Relevant deals: 3 - Stages: Seed, Pre-Seed - Focus: Software, Artificial Intelligence, Information Technology hi VC ## Toomas Kont - Type: Angel - Relevant deals: 2 - Stages: Angel, Pre-Seed - Focus: Apps, Fitness, Software Toomas Kont ## Joachim Hedenius - Type: Angel - Location: Stockholm, Stockholms Lan, Sweden - Relevant deals: 2 - Stages: Seed, Pre-Seed, Series A - Focus: Gaming, Augmented Reality, Virtual Reality Joachim Hedenius is the VPE and Co-Founder of KRY. ## Markus Villig - Type: Angel - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 2 - Stages: Seed, Angel - Focus: E-Commerce, FinTech, Financial Services Markus Villig is founder and CEO of Taxify. He attended University of Tartu. ## Arvi Tavast - Type: Angel - Relevant deals: 2 - Stages: Seed, Angel - Focus: AgTech, Farming, Software Arvi Tavast is the Director at Institute of the Estonian Language. ## Taavi Lepmets - Type: Angel - Location: Luxembourg, Luxembourg, Luxembourg - Relevant deals: 2 - Stages: Seed, Angel - Focus: Software, Human Resources, Apps Taavi Lepmets - Co-Founder @ Karu Capital ## Sebastien Borget - Type: Angel - Location: San Francisco, California, United States - Relevant deals: 2 - Stages: Seed, Series A, Pre-Seed - Focus: Blockchain, Cryptocurrency, Gaming Sebastien Borget is the Co-founder and COO of Pixowl. Passionate for blockchain technology, gaming and education, he is a very active speaker and evangelist who spent the past 8 years focused exclusively on mobile gaming, creating successful games that were downloaded millions of times. ## Vitaly Rubstein - Type: Angel - Location: Zürich, Zurich, Switzerland - Relevant deals: 2 - Stages: Seed, Angel - Focus: Human Resources, Apps, SaaS Vitaly Rubstein - Co-Founder and Partner @ RubyLight ## Oliver Ahlberg - Type: Angel - Relevant deals: 2 - Stages: Seed, Angel - Focus: Information Technology, Software, SaaS Oliver Ahlberg is the Co-Founder and Chief Operating Officer of Skeleton Technologies. He has assured excellent operational capabilities and played a critical role in the development of internal procedures which have kept the company on the forefront of energy storage development. He has had an integral role in securing VC funding and settingup the company's R&D Center in Estonia. Additionally he plays a central role in the company's IT capabilities, production systems and processes and daily administration of the company. Leading the pilot production of the company, he also offers input in product development and has led production optimization efforts. Oliver Ahlberg has previously worked in the IT and law sector in San Fransisco, USA and Tallinn, Estonia. He has co-founded digital media company Vigvam Studio and a daily deals site acquired by the market leader in 2010. Oliver Ahlberg has earned a law degree from University of Tartu. ## Akim Arhipov - Type: Angel - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, iOS, Apps Akim is an Estonian entrepreneur who has cofounded BAASIS ID with Sergey Shcherbak – all-in-one identity verification (KYC) platform for financial institutions and governmental agencies in Southeast Asia. Akim’s team was participated in creation of electronic ID system and eGovernment portals for Estonian government.BAASIS ID use biometric facialrecognition, passport / ID validation, bank account validation and sanctions screening in automatic way providing final approval results in 3 minutes.For businesses, BAASIS ID means the end of vast, vulnerable databases of customer data – hugely reducing the risk of regulatory issues, fraud and the reputational damage of a breach providing the data storage in the blockchain.Proud to be a facilitator of reputation economy among Southeast Asia regulatory sandboxes and governmental agencies, like Security and Exchanges Commision of Thailand and Bank Negara Malaysia. Akim and his team work together with Bahrain government in order to build electronic identity system for citizens.Previously a co-founder of successful companies in IT and transportation sectors – OnniBus.com and SuperBus.com. The first one is the most successful commercial bus operator in Finland: 20 lines, 200+ daily departures, 6+ million passengers served annually. ## Ott Kaukver - Type: Angel - Location: Menlo Park, California, United States - Relevant deals: 2 - Stages: Series A, Seed, Pre-Seed - Focus: Software, Financial Services, SaaS Ott Kaukver is Chief Technology Officer at Checkout.com. Attended Estonian Business School. ## Priit Kasesalu - Type: Angel - Relevant deals: 2 - Stages: Seed - Focus: iOS, Apps, Email Priit is heavily involved in assessing all of ASI's new technology investments.Before ASI, Priit played an integral role in developing Kazaa and later Skype; indeed, he continues to work at Skype as a core library developer.While cryptography and data communication are his areas of expertise, his other passion is computer gamedevelopment. Together with Ahti and Jaan, he wrote the first Estonian commercial computer game, Kosmonaut.When he isn't using his innate ability to solve complex technical problems, Priit enjoys good company, gourmet restaurants and biking.He holds a degree in automation and system technology from Tallinn University of Technology. ## Aydın Mizrahi - Type: Angel - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, InsurTech, Logistics Aydın Mizrahi ## Batuhan Gültakan - Type: Angel - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, Crowdsourcing, Computer Vision Batuhan Gültakan ## Christopher Sier - Type: Angel - Location: London, England, United Kingdom - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Education, Recruiting, Professional Services Christopher Sier - Executive Chairman @ ClearGlass ## Toomas Bergmann - Type: Angel - Relevant deals: 2 - Stages: Seed, Angel - Focus: Hardware, Mobile Apps, Construction Toomas Bergmann ## Janno Oja - Type: Angel - Relevant deals: 2 - Stages: Angel, Pre-Seed - Focus: Apps, Fitness, Software Janno Oja ## Joakim Karske - Type: Angel - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Education, Recruiting, Professional Services Joakim Karske ## Triin Hertmann - Type: Angel - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: FinTech, Software, E-Commerce Triin Hertmann is founder of Grünfin, a sustainable investment platform, angel investor (mostly in Estonia and Nordics region). She is a former COO at TransferWise and early employee of Skype. ## Engin Gürsöz - Type: Angel - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, Crowdsourcing, Computer Vision Engin Gürsöz ## Urmas Purde - Type: Angel - Location: San Francisco, California, United States - Relevant deals: 2 - Stages: Angel - Focus: Software, Recruiting, Human Resources Co-Founder of Pipedrive. ## Indrek Prants - Type: Angel - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 2 - Stages: Seed, Series A - Focus: Education, Recruiting, Professional Services Indrek Prants - Co-Founder @ Elasteq do Brasil ## Yiğit Barış Şemin - Type: Angel - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, Crowdsourcing, Computer Vision Yiğit Barış Şemin ## Emre Kozlu - Type: Angel - Relevant deals: 2 - Stages: Seed, Pre-Seed - Focus: Software, Artificial Intelligence, InsurTech Emre Kozlu ## Taavi Tamkivi - Type: Angel - Location: Tallinn, Harjumaa, Estonia - Relevant deals: 2 - Stages: Seed, Angel, Pre-Seed - Focus: Financial Services, Software, AgTech Taavi Tamkivi was Helping in Banks & FinTechs fight FinCrime. also a Founder & CEO at Salv . ## 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 ## Taavi Madiberk - Type: Angel - Location: Dresden, Sachsen, Germany - Relevant deals: 2 - Stages: Seed, Angel - Focus: Information Technology, Software, SaaS Taavi Madiberk is the Co-Founder and Chief Executive Officer at Skeleton Technologies. His business development, sales and marketing and company management skills have been instrumental in setting-up and driving growth. He has been the driving force for excellent customer traction, (the company counts as customers European Space Agency and severalTier 1 automotives), business strategy (leveraging the advantage in materials technology to energy storage cells and modules), product development and fundraising from venture capital, private equity and public sources in German, Estonian and EU level. Taavi Madiberk brings knowledge from the IT, locomotive and NGO sectors from his experience prior to Skeleton Technologies. Among other Board positions he has served as the youngest ever Chairman of the Supervisory Board in Estonian Railways Ltd (AS Eesti Raudtee) from 2012-2014 the national railway. He also served as a Member of the Supervisory Board of RKAS in 2014, an Estonian state-owned real estate company with over 400 M EUR of assets. ## Marvin Liao - Type: Angel - Location: San Francisco, California, United States - Relevant deals: 1 - Stages: Pre-Seed, Seed, Series A - Focus: Software, Artificial Intelligence, Information Technology Marvin works with awesome startups across the globe and at the SF/SV accelerator programs – that is, when he's not practicing his signature song (Backstreet Boys ``I Want it That Way`` btw) & dealing with his book buying addiction, A recovering exec from Yahoo! he's very happy to be part of the Revolution! He invests in digitalmedia, adtech, marketing cloud, e-commerce and mobile startups across the globe. Formerly of Yahoo! Inc. (10.5 years), Marvin has worked in various departments – sales, business development, ad operations and marketing. Most of his positions have been regional or global management roles, giving him extensive experience across Asia, Europe, Latin America and the United States. He presently serves on the boards and advisory boards of several internet advertising and ad technology companies across the globe. In addition, he is a mentor for several startup accelerator programs in Europe, Israel and the US, helping guide startup teams with their sales, marketing and partner development efforts.I'm an experienced client-facing senior executive in the media and technology space in both large and start up growth companies, managing large multifunctional teams across multiple countries while based in the Silicon Valley.A longtime fan, participant, and an observer of the digital technology revolution occurring for the last 14 years across the world, i am presently on the advisory boards of several internet advertising and ad technology companies across the globe. # About Shizune Shizune.co is an investor database. Core features: - 48,091 startup investors (angels, VCs, accelerators, and others) - Email, phone, LinkedIn (for intros), socials, and other contact data - Updated daily from public funding news - CSV and Excel export The User can access the full database FOR FREE after signing up: shizune.co