# Top 10 Sports Startup Investors in Bulgaria in May 2026

## Eleven Ventures
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 8
- Stages: Seed, Convertible Note, Pre-Seed
- Focus: Software, SaaS, Information Technology

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

## Daniel Tomov
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 3
- Stages: Seed, Pre-Seed, Series B
- Focus: Software, FinTech, Small and Medium Businesses

Daniel is founding partner at Eleven Accelerator Venture Fund and investing in some of the most promising and exciting tech startups in CEE. Daniel has been involved in startups since 2000 as early stage investor and funded (in some cases bootstrapping) entrepreneur in diverse domains ranging from software to mobile to consumer goods torenewable energy. He has been lucky to meet and befriend with some of the greatest tech entrepreneurs in our region.

## Vitosha Venture Partners
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Software, Marketplace, Apps

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

## Valeri Petrov
- Type: Angel
- Relevant deals: 2
- Stages: Seed, Angel
- Focus: B2B, SaaS, Sports

Valeri is primarily in charge with investment opportunities in Bulgaria and the Western Balkans. Prior to that, he was Partner at Bancroft Private and, before joining Bancroft, he was Investment Director with Global Finance, running the company’s activities in Bulgaria. Valeri led and co-led many transactions in various countries acrossSouth-Eastern Europe (Romania, Bulgaria, Croatia and Turkey among others). Prior to moving to the Private Equity industry, Valeri ran Orgachim, the largest paints & coating company in Bulgaria (backed by private equity funds, including RAEF) as CEO, where he completed a successful turnaround. Valeri also worked for the Royal Dutch/Shell, and held various positions within the organization. Valeri holds an MSc in Engineering from the Technical University of Sofia. He also attended Management Academy in London and ETP on Business Management in Delaware University, Sofia branch.

## LAUNCHub Ventures
- Type: VC Fund
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 2
- Stages: Seed, Series A
- Focus: Software, SaaS, Enterprise Software

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

## Ivaylo Simov
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 2
- Stages: Seed, Pre-Seed
- Focus: Big Data, Coffee, B2B

Ivaylo Simov devised eleven’s strategy. His notorious shyness can be overcome only with ample amounts of beer, preferably while skiing. He was previously a director in a private equity fund, but now wants to change the VC industry from the bottom up.

## Vassil Terziev
- Type: Angel
- Location: Sofia, Grad Sofiya, Bulgaria
- Relevant deals: 1
- Stages: Seed, Angel, Pre-Seed
- Focus: Software, SaaS, FinTech

Vassil is responsible for overseeing Telerik’s strategic direction and enabling its rapid growth as a global provider of enterprise-class software and services. As a co-founder of Telerik, Vassil was instrumental in growing the sales, support and business development units of the company and establishing the fanatical dedication to customerservice. Vassil’s vision and dedication has helped Telerik keep its slogan to “Deliver more than expected” and enjoy a solid track record of growing revenues and profitability in the ever changing developer tools marketplace.Vassil earned his Bachelor’s Degree in Business Administration at the American University in Bulgaria and has served in various roles in companies from real estate, investment and high-tech industries.

## Clark Landry
- Type: Angel
- Location: Nashville, Tennessee, United States
- Relevant deals: 1
- Stages: Seed, Series A, Angel
- Focus: Software, Internet, Advertising

Clark Landry is the Managing Partner of Clover Leaf Ventures.Most recently, Clark was co-founder and COO at CESPPA, a cybersecurity company. Formerly, Clark was co-founder and COO at Maple Media (raised $30 million from private equity investors), co-founder and executive chairman at SHIFT (acquired by Brand Networks), co-founder and CEO at TopLevel Domain Holdings (now Minds + Machines - publicly-traded on the London Stock Exchange's AIM), co-founder and CMO at TagWorld (acquired by Viacom). Clark was a founding investor of Gradient X, a mobile DSP (acquired by SingTel), Traffic Marketplace, an advertising network (acquired by Vivendi), Adconion Media Group, a provider of digital media advertising solutions (acquired by Amobee), Conversion Logic, an advertising attribution company, and CREXi, a commercial real estate marketplace.Clark holds a bachelor of arts degree in economics from Yale University.

## Bogomil Balkansky
- Type: Angel
- Location: San Francisco, California, United States
- Relevant deals: 1
- Stages: Seed, Series A, Series B
- Focus: Software, SaaS, Enterprise Software

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.

## HardGamma Ventures
- Type: VC Fund
- Location: Warsaw, Mazowieckie, Poland
- Relevant deals: 1
- Stages: Seed, Convertible Note
- Focus: Software, E-Commerce, Enterprise Software

HardGamma Ventures is a venture capital fund that invests in startups that focuses on computing, internet, biotechnology, and more. Early stage VC fund focused on Polish and CEE startups.The Fund invests in projects such as seed and startups in the area of computing, Internet, mobile technologies, the biotechnology sector and physicochemicaltechnologies. HardGamma Ventures invests in strong teams developing projects with global potential - providing funding and support for business planning, marketing, product positioning and other business functions.The HardGamma team is constantly in contact and cooperation with leading competitions and incubator programs in Europe and USA - Seedcamp (UK), The Difference Engine (UK), Springboard (UK), Startup Bootcamp (Denmark), TechStars (United States), and the pan-European incubator program HackFwd (Germany), where the team is responsible for the assessment and certification program for start-ups, and the International Incubator of the University of Maryland (United States).The team of HardGamma is also building a network affiliation with other VC funds in the region to broaden the range of exploration and investment opportunities and to increase international support and business opportunities for the portfolio of projects.

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