Change Ventures

Change Ventures is a venture capital firm established in 2016 and headquartered in Tallinn, Estonia. The firm specializes in pre-seed stage investments, primarily targeting ambitious technology startups, with a focus on B2B and SaaS businesses in Eastern Europe, particularly in Estonia, Latvia, and Lithuania. Change Ventures aims to support founders by providing investments ranging from €100,000 to €500,000, along with a straightforward and efficient investment process that facilitates quick decision-making. Beyond financial backing, the firm assists entrepreneurs in achieving product-market fit, securing additional funding, and scaling their businesses by leveraging an extensive network of follow-on investors and partners.

Janis Krums

Venture Partner

Rait Ojasaar

Investment Partner

Gabrielė Poteliūnaitė

Associate

Past deals in Lithuania

Memby

Pre Seed Round in 2021
Memby is a Lithuania-based EdTech startup focused on providing affordable online tutoring for high school students. The company operates an online learning platform designed to assist students who may struggle with after-school studies. This platform offers real-time large group lessons that engage students in various subjects, allowing them to participate live or access recorded sessions if they are unable to attend in real time. By offering a more cost-effective alternative to traditional one-on-one tutoring, Memby aims to enhance students' learning experiences and promote academic consistency.

HumansApp

Pre Seed Round in 2019
HumansApp is a Social networking Mobile App company.
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