Thorgate

Thorgate is a product development studio that delivers end-to-end design and software development for web and mobile applications. It offers product design, Python and Django development, and mobile development using React Native, with back-end and front-end work built on React.js and PostgreSQL. The design process includes mapping needs, demonstrations, and validation to ensure solutions meet client requirements. Thorgate supports clients with end-to-end product development and strategic input on product design. Founded in 2011, the company maintains a multi-city presence in Tallinn, London, and Oslo, serving clients with a focus on delivering scalable, customer-oriented software solutions.

Raido Pikkar

Chairman and Partner

Past deals in Estonia

Xolo

Series A in 2021
Xolo OU, founded in 2015 and based in Tallinn, Estonia, offers an online platform designed to assist freelancers, contractors, and digital nomads in managing their microbusinesses. The company provides two primary services: Xolo Go, which facilitates the creation of a virtual company, and Xolo Leap, an EU-based company option. Targeting approximately 40 million independent professionals globally, Xolo aims to minimize business administration tasks by integrating company formation, banking, accounting, and related services into a single, user-friendly platform. This approach allows individuals, particularly in markets such as Germany, Spain, France, the UK, Ukraine, and Turkey, to quickly and easily launch and operate one-person businesses. Xolo's typical clientele includes software developers, management consultants, designers, and other independent professionals seeking a streamlined solution for enterprise management.

EZIIL

Seed Round in 2020
Eziil Production Intelligence OU is a software development company based in Viljandi, Estonia, specializing in solutions for manufacturing firms. Founded in 2016, Eziil offers a software platform that enables users to track and report production data in real-time. The company's technology incorporates artificial intelligence and systematic tracking, providing a framework that enhances production efficiency. By utilizing Eziil's software, manufacturing companies can achieve lower production costs, improved quality, and increased profitability.

EZIIL

Pre Seed Round in 2019
Eziil Production Intelligence OU is a software development company based in Viljandi, Estonia, specializing in solutions for manufacturing firms. Founded in 2016, Eziil offers a software platform that enables users to track and report production data in real-time. The company's technology incorporates artificial intelligence and systematic tracking, providing a framework that enhances production efficiency. By utilizing Eziil's software, manufacturing companies can achieve lower production costs, improved quality, and increased profitability.

Xolo

Series A in 2019
Xolo OU, founded in 2015 and based in Tallinn, Estonia, offers an online platform designed to assist freelancers, contractors, and digital nomads in managing their microbusinesses. The company provides two primary services: Xolo Go, which facilitates the creation of a virtual company, and Xolo Leap, an EU-based company option. Targeting approximately 40 million independent professionals globally, Xolo aims to minimize business administration tasks by integrating company formation, banking, accounting, and related services into a single, user-friendly platform. This approach allows individuals, particularly in markets such as Germany, Spain, France, the UK, Ukraine, and Turkey, to quickly and easily launch and operate one-person businesses. Xolo's typical clientele includes software developers, management consultants, designers, and other independent professionals seeking a streamlined solution for enterprise management.

Xolo

Equity Crowdfunding in 2017
Xolo OU, founded in 2015 and based in Tallinn, Estonia, offers an online platform designed to assist freelancers, contractors, and digital nomads in managing their microbusinesses. The company provides two primary services: Xolo Go, which facilitates the creation of a virtual company, and Xolo Leap, an EU-based company option. Targeting approximately 40 million independent professionals globally, Xolo aims to minimize business administration tasks by integrating company formation, banking, accounting, and related services into a single, user-friendly platform. This approach allows individuals, particularly in markets such as Germany, Spain, France, the UK, Ukraine, and Turkey, to quickly and easily launch and operate one-person businesses. Xolo's typical clientele includes software developers, management consultants, designers, and other independent professionals seeking a streamlined solution for enterprise management.
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