Eleven Ventures

Eleven Ventures is a venture capital firm based in Sofia, Bulgaria, specializing in early-stage investments in technology-driven startups. Founded in 2012, the firm focuses on sectors such as Fintech, HealthTech, e-commerce, the Future of Food, the Future of Work, software tools and platforms, consumer products, Sportstech, gaming, Adtech, mobility, and home automation. Eleven Ventures typically invests between €0.025 million and €0.5 million, taking minority stakes in its portfolio companies, generally ranging from 6% to 30% equity. The firm runs a three-month accelerator program quarterly, mentoring 10-15 teams per cycle, providing not only capital but also office space and back-office support. Additionally, accepted teams benefit from free deals with technology service providers, enhancing their operational capabilities. Eleven Ventures aims to foster a vibrant startup ecosystem in Southeast Europe, particularly in Bulgaria, while also being open to investing in startups from other countries, provided they participate in the program.

Hristo Hristov

Venture Partner

Elena Ivanova

Platform Associate

Belizar Marinov

Investment Principal

Viktor Minchev

Principal

Martin Ouzounov

COO

Valeri Petrov

Partner

Ivaylo Simov

Founder

Gergana Stoitchkova

Investment Associate

Daniel Tomov

Founding Partner

Past deals in Cental and Eastern Europe

Nold

Seed Round in 2023
Nold operates a reselling marketplace that focuses on pre-loved fashion by connecting brands with customers in the second-hand market. The company provides a platform for individuals to sell garments online, allowing them to monetize items they no longer wear. Nold emphasizes convenience and aesthetics in its service, enabling users to list clothing items effortlessly. The marketplace features curated collections from Bulgarian influencers, popular personalities, and fashion icons, making it easier for consumers to access unique fashion pieces while promoting sustainable practices in the fashion industry.

Boleron

Venture Round in 2022
Boleron is an insurtech company and the first digital insurance broker in Bulgaria, offering a digital marketplace where customers can compare and purchase a variety of insurance policies from multiple insurers. With a focus on enhancing the customer experience, Boleron provides access to 35 different insurance products from 15 insurers, facilitating seamless processes from policy acquisition to claims management. The company has developed its technology in-house, which includes a comprehensive suite of four core systems: an insurance core system, a back-office system, a front-end web portal, and a mobile application. This infrastructure allows for real-time price comparisons and conditions across insurers, enabling instant and automated policy issuance 24/7. Boleron also features the only mobile application for insurance in Bulgaria and Romania, allowing customers to buy, store, and manage all their insurance policies conveniently.

Nold

Seed Round in 2021
Nold operates a reselling marketplace that focuses on pre-loved fashion by connecting brands with customers in the second-hand market. The company provides a platform for individuals to sell garments online, allowing them to monetize items they no longer wear. Nold emphasizes convenience and aesthetics in its service, enabling users to list clothing items effortlessly. The marketplace features curated collections from Bulgarian influencers, popular personalities, and fashion icons, making it easier for consumers to access unique fashion pieces while promoting sustainable practices in the fashion industry.

Rebellious Software

Seed Round in 2021
Rebellious Software is a Bulgaria-based company that specializes in the development of immersive social games. Founded by two software developers who gained recognition in national software competitions, the company rose to prominence by winning the NASA Space Apps Challenge in 2013, competing among over 9,000 participants. With a growing team of skilled professionals, Rebellious Software focuses on creating competitive games that align with players' real-life interests. Their portfolio includes innovative titles such as a collectible card game that transforms traditional battle mechanics, allowing for multiplayer interactions among friends. The company's games are accessible through its website and on both Android and iOS platforms, emphasizing engagement and social connectivity among players.

Printivo

Seed Round in 2021
Printivo Ltd. is a 3D-bioprinting startup based in Sofia City, Bulgaria, founded in 2016. The company specializes in designing 3D human bone tissue for in-vitro efficacy and toxicity assays, providing pharmaceutical companies with on-demand bone tissue grafts for drug testing in pre-clinical trials. Printivo's technology allows for the creation of native-like micro-architecture of bone tissue with high precision, addressing the urgent need for effective drug testing and personalized medical therapies. The company's mission is to improve the accessibility and affordability of organ transplants, thereby contributing to solutions for the critical shortage of available organs for transplantation.

Boleron

Seed Round in 2021
Boleron is an insurtech company and the first digital insurance broker in Bulgaria, offering a digital marketplace where customers can compare and purchase a variety of insurance policies from multiple insurers. With a focus on enhancing the customer experience, Boleron provides access to 35 different insurance products from 15 insurers, facilitating seamless processes from policy acquisition to claims management. The company has developed its technology in-house, which includes a comprehensive suite of four core systems: an insurance core system, a back-office system, a front-end web portal, and a mobile application. This infrastructure allows for real-time price comparisons and conditions across insurers, enabling instant and automated policy issuance 24/7. Boleron also features the only mobile application for insurance in Bulgaria and Romania, allowing customers to buy, store, and manage all their insurance policies conveniently.

Escreo

Seed Round in 2020
Creo offers a wide range of innovative paint. Founded in April 2015, it is based in Sofia, Bulgaria.

Printivo

Pre Seed Round in 2020
Printivo Ltd. is a 3D-bioprinting startup based in Sofia City, Bulgaria, founded in 2016. The company specializes in designing 3D human bone tissue for in-vitro efficacy and toxicity assays, providing pharmaceutical companies with on-demand bone tissue grafts for drug testing in pre-clinical trials. Printivo's technology allows for the creation of native-like micro-architecture of bone tissue with high precision, addressing the urgent need for effective drug testing and personalized medical therapies. The company's mission is to improve the accessibility and affordability of organ transplants, thereby contributing to solutions for the critical shortage of available organs for transplantation.

Rebellious Software

Seed Round in 2020
Rebellious Software is a Bulgaria-based company that specializes in the development of immersive social games. Founded by two software developers who gained recognition in national software competitions, the company rose to prominence by winning the NASA Space Apps Challenge in 2013, competing among over 9,000 participants. With a growing team of skilled professionals, Rebellious Software focuses on creating competitive games that align with players' real-life interests. Their portfolio includes innovative titles such as a collectible card game that transforms traditional battle mechanics, allowing for multiplayer interactions among friends. The company's games are accessible through its website and on both Android and iOS platforms, emphasizing engagement and social connectivity among players.

Printivo

Pre Seed Round in 2019
Printivo Ltd. is a 3D-bioprinting startup based in Sofia City, Bulgaria, founded in 2016. The company specializes in designing 3D human bone tissue for in-vitro efficacy and toxicity assays, providing pharmaceutical companies with on-demand bone tissue grafts for drug testing in pre-clinical trials. Printivo's technology allows for the creation of native-like micro-architecture of bone tissue with high precision, addressing the urgent need for effective drug testing and personalized medical therapies. The company's mission is to improve the accessibility and affordability of organ transplants, thereby contributing to solutions for the critical shortage of available organs for transplantation.

Rebellious Software

Seed Round in 2019
Rebellious Software is a Bulgaria-based company that specializes in the development of immersive social games. Founded by two software developers who gained recognition in national software competitions, the company rose to prominence by winning the NASA Space Apps Challenge in 2013, competing among over 9,000 participants. With a growing team of skilled professionals, Rebellious Software focuses on creating competitive games that align with players' real-life interests. Their portfolio includes innovative titles such as a collectible card game that transforms traditional battle mechanics, allowing for multiplayer interactions among friends. The company's games are accessible through its website and on both Android and iOS platforms, emphasizing engagement and social connectivity among players.

Sensika

Convertible Note in 2015
Sensika, Inc. is a company based in Sofia, Bulgaria, founded in 2012, that specializes in developing a cloud-based information intelligence platform. This platform extracts information from diverse web sources, social networks, and premium content providers, creating a comprehensive electronic archive of Bulgarian-language publications, websites, and blogs. Sensika offers a media monitoring solution that combines advanced software capabilities with the expertise of developers, AI specialists, and media analysts. By transforming media content into actionable insights, Sensika enables clients to make informed, data-driven decisions through its range of products, which include dashboards, data alerts, and reports.

Escreo

Convertible Note in 2015
Creo offers a wide range of innovative paint. Founded in April 2015, it is based in Sofia, Bulgaria.

Bincode

Convertible Note in 2015
They are a young software company located in Belgrade, Serbia. They are specalised in developing of mobile applications for phones and tablets. They can provide you with solutions for Android, iPad, iPhone, Windows phone 7 and Blackberry. With their passion in mobile application development and to explore new avenues in mobile apps sphere, they bring you some of the latest projects that they have executed. With us you can let your imagination work & they will ensure that their experienced team of Mobile Application developers makes it reality

mBrainTrain

Convertible Note in 2015
MBrainTrain d.o.o. is a Serbian company focused on developing innovative wearable devices for recording and analyzing electrical brain activity. The company's flagship product, Smarting, allows users to engage in an interactive training program designed to enhance overall brain fitness by enabling them to control their brain signals. This mobile device, along with the accompanying Smarting Android application, facilitates real-time observation of electroencephalography (EEG) signals, making brain monitoring accessible outside traditional laboratory settings. The technology has versatile applications, including neuromarketing studies, brain-computer interfaces, serious gaming, and neurorehabilitation. By offering a user-friendly solution for brain activity monitoring, MBrainTrain aims to improve mental health and cognitive performance while providing valuable insights into brain function.

EnhanCV

Convertible Note in 2015
Enhancv Ltd. is a human resources company based in Sofia, Bulgaria, that operates a web-based platform designed to assist job applicants in creating impactful resumes. Founded in 2014, the platform transforms traditional resumes into tailored documents that emphasize achievements, personality, and relevant skills to enhance the likelihood of securing interviews. It features tools that guide users through the resume-building process, helping them to effectively highlight their strengths while avoiding clichés and vague language. By producing job-specific resumes that can navigate machine filtering, Enhancv aims to improve users' chances of standing out in a competitive job market.

BusinesSoft

Seed Round in 2015
BusinesSoft Ltd. is a prominent software company based in Sofia, Bulgaria, specializing in the development, implementation, and maintenance of enterprise management systems (ERP). Established in 1991, the company offers a suite of software solutions tailored for various sectors, including construction, production, and trade. Its products include WorkStream.Production, designed for process industries; WorkStream.Construction for infrastructure projects; and BusinesSoft Building, which aids in planning and reporting on construction sites. Additionally, the company provides Building.Cloud, a Software-as-a-Service ERP solution, and WorkFlow, which enhances information flow across enterprise functions. HRManager is another key offering, focusing on personnel management and salary calculations. With over 4,000 clients, ranging from small businesses to large corporations and government institutions, BusinesSoft has established itself as a significant player in the Bulgarian software market, supported by representatives in major cities across the country.

Bincode

Seed Round in 2015
They are a young software company located in Belgrade, Serbia. They are specalised in developing of mobile applications for phones and tablets. They can provide you with solutions for Android, iPad, iPhone, Windows phone 7 and Blackberry. With their passion in mobile application development and to explore new avenues in mobile apps sphere, they bring you some of the latest projects that they have executed. With us you can let your imagination work & they will ensure that their experienced team of Mobile Application developers makes it reality

TrainCamp.Me

Convertible Note in 2015
TrainCamp.me is an online platform that offers users the ability to discover and learn from a diverse range of resources, including web courses, events, tutorials, books, and podcasts, all tailored to those involved in digital fields such as coding, design, and marketing. Founded in 2014 and based in Bulgaria, the platform utilizes advanced algorithms and community insights to recommend the most relevant educational materials according to individual needs. By aggregating content from across the web, TrainCamp.me simplifies the learning process for users seeking to enhance their skills in the rapidly evolving digital landscape.

GymRealm

Seed Round in 2015
GymRealm is a Bulgaria-based company, established in 2011, that specializes in developing software for the fitness and wellness industry. It offers a cloud-based platform designed to assist users in locating fitness and sport centers, thereby enhancing their ability to organize activities efficiently. The company's software provides a range of features tailored for gym management, including member management, booking and scheduling, financial reporting, access control, and marketing tools. These functionalities enable fitness businesses to improve operational efficiency, increase profitability, and enhance customer satisfaction. Additionally, GymRealm provides sport pass cards as part of its offerings.

Wiener Games Studio

Seed Round in 2015
Wiener Games is a Bulgaria-based developer specializing in online casino and social games. The company operates a game development platform that encompasses the entire game creation process, from initial concept and mathematical modeling to artwork, animation, and final development. Wiener Games provides its services to various companies in the market, utilizing a flexible and advanced Random Game Server (RGS) or Random Number Generator (RNG) platform. This technology allows clients to efficiently manage slot games, including back-office operations and integrations, thereby enhancing the user experience in the online gaming sector.

mBrainTrain

Seed Round in 2015
MBrainTrain d.o.o. is a Serbian company focused on developing innovative wearable devices for recording and analyzing electrical brain activity. The company's flagship product, Smarting, allows users to engage in an interactive training program designed to enhance overall brain fitness by enabling them to control their brain signals. This mobile device, along with the accompanying Smarting Android application, facilitates real-time observation of electroencephalography (EEG) signals, making brain monitoring accessible outside traditional laboratory settings. The technology has versatile applications, including neuromarketing studies, brain-computer interfaces, serious gaming, and neurorehabilitation. By offering a user-friendly solution for brain activity monitoring, MBrainTrain aims to improve mental health and cognitive performance while providing valuable insights into brain function.

Colombio

Convertible Note in 2015
Citizens reporting to journalists mobile app and web platform. Mobile app enables citizens to send textual information, photo and video directly to one or multiple news media contacts, making exclusive delivery channel, and enabling two way communication channel for collaboration between citizens and journalists through messaging system. By using Colombio, citizens can collaborate with journalists, and help them publish more content they would like to see in news media, and by being socially engaged in collaboration with journalists, citizens can make direct positive impact on their communities and society through participating in process of public informing. News media companies can engage with their audience, using great number of citizens as reporters on site, accessing instant multimedia content and information from eyewitnesses, and enabling their journalists to be more informed, manage more valuable information for publishing, and adding value to their jobs within community. How it works? - Citizens use free for download mobile app, with adress book of news media contacts, both e-mails and phone numbers, and can send textual information or multimedia content directly to journalists by adding content, and clicking on icon of newsdesk(s) they want to send - News media companies get information on their newsdesk e-mail, and can additionaly use web service for managing gathered information, and making orders for citizens to do tasks (take photo, video), making them reporters on site - Payment system allows news media companies to pay for contribution, or buy photo/video from contributors, with rights for publishing - Rating system enables news media companies to make positive selection of contributors, and get more valuable sources Testing release of app - Croatian market in March 2015.

Bincode

Seed Round in 2015
They are a young software company located in Belgrade, Serbia. They are specalised in developing of mobile applications for phones and tablets. They can provide you with solutions for Android, iPad, iPhone, Windows phone 7 and Blackberry. With their passion in mobile application development and to explore new avenues in mobile apps sphere, they bring you some of the latest projects that they have executed. With us you can let your imagination work & they will ensure that their experienced team of Mobile Application developers makes it reality

TrainCamp.Me

Convertible Note in 2015
TrainCamp.me is an online platform that offers users the ability to discover and learn from a diverse range of resources, including web courses, events, tutorials, books, and podcasts, all tailored to those involved in digital fields such as coding, design, and marketing. Founded in 2014 and based in Bulgaria, the platform utilizes advanced algorithms and community insights to recommend the most relevant educational materials according to individual needs. By aggregating content from across the web, TrainCamp.me simplifies the learning process for users seeking to enhance their skills in the rapidly evolving digital landscape.

LegalTrek

Convertible Note in 2015
LegalTrek is an integrated legal practice management solution designed for small-to-medium law firms, founded in 2013 and based in Sofia, Bulgaria. The company offers software that simplifies the management of legal practices by securely storing data, handling project management, timesheets, and invoicing. LegalTrek enables law firms to gain complete oversight of project success and increase profitability through accurate and timely billing. Its platform allows users to create professional-looking invoices in minutes and provides valuable reporting features. The company is known for its responsive customer support, addressing inquiries within minutes, which enhances user satisfaction and fosters business growth.

MaistorPlus

Convertible Note in 2015
MaistorPlus is an online platform based in Sofia, Bulgaria, that connects homeowners with skilled craftsmen for home improvement projects. Founded in 2012, the platform allows homeowners to post job listings and provides a space for tradesmen to create profiles showcasing their work. Users can leave feedback after the completion of jobs, fostering a community of trust and accountability. By simplifying the process of finding and hiring reliable professionals, MaistorPlus serves as a valuable resource for both homeowners seeking services and tradesmen looking to reach potential clients.

Golden Pages

Convertible Note in 2014
For eight years since its launch in 2006, Golden Pages was owned by NED BG. During that time the company developed into the leading on-line classified directory in Bulgaria used daily by tens of thousands of consumers and helping thousands of businesses to attract new customers. In September 2014 Golden Pages was acquired via a management buy-out supported by funding from Eleven Accelerator Venture Fund. The new company, Golden Media Ltd. is the owner of the brands Golden Pages ™ and a new sales and lead generation service, Rent A Team . For almost ten years Golden Pages has been the leading source of business information in Bulgaria. It is the preferred marketing partner for small and medium businesses, as well as the most comprehensive, reliable, accessible and valuable source of business information in Bulgaria.

Tryad Games

Convertible Note in 2014
Tryad Games Ltd. is a mobile game developer based in Sofia, Bulgaria, specializing in real-time multiplayer experiences. The company aims to transform the massively multiplayer online (MMO) gaming landscape by bringing competitive games, which thrive on PC platforms, to mobile devices. This approach seeks to enhance the gaming experience for mobile players, offering more meaningful and immersive interactions. By focusing on creating innovative and engaging games, Tryad Games is positioned to tap into the rapidly growing mobile gaming market, where such competitive offerings are currently limited.

Dextrophobia Rooms

Seed Round in 2014
Dextrophobia Rooms is a pioneering provider of real-life escape games based in Sofia, Bulgaria. The company offers a unique gaming experience that combines elements of adventure and strategy, appealing to both casual players and enthusiasts. In addition to their immersive escape rooms, Dextrophobia Rooms also specializes in live-hosted online team-building activities, custom challenges, and hidden identity roleplaying games. Their original storylines and interactive environments create engaging experiences that foster teamwork and problem-solving skills, making them a popular choice for groups seeking entertainment and collaboration.

EnhanCV

Seed Round in 2014
Enhancv Ltd. is a human resources company based in Sofia, Bulgaria, that operates a web-based platform designed to assist job applicants in creating impactful resumes. Founded in 2014, the platform transforms traditional resumes into tailored documents that emphasize achievements, personality, and relevant skills to enhance the likelihood of securing interviews. It features tools that guide users through the resume-building process, helping them to effectively highlight their strengths while avoiding clichés and vague language. By producing job-specific resumes that can navigate machine filtering, Enhancv aims to improve users' chances of standing out in a competitive job market.

TrainCamp.Me

Seed Round in 2014
TrainCamp.me is an online platform that offers users the ability to discover and learn from a diverse range of resources, including web courses, events, tutorials, books, and podcasts, all tailored to those involved in digital fields such as coding, design, and marketing. Founded in 2014 and based in Bulgaria, the platform utilizes advanced algorithms and community insights to recommend the most relevant educational materials according to individual needs. By aggregating content from across the web, TrainCamp.me simplifies the learning process for users seeking to enhance their skills in the rapidly evolving digital landscape.

Tryad Games

Seed Round in 2014
Tryad Games Ltd. is a mobile game developer based in Sofia, Bulgaria, specializing in real-time multiplayer experiences. The company aims to transform the massively multiplayer online (MMO) gaming landscape by bringing competitive games, which thrive on PC platforms, to mobile devices. This approach seeks to enhance the gaming experience for mobile players, offering more meaningful and immersive interactions. By focusing on creating innovative and engaging games, Tryad Games is positioned to tap into the rapidly growing mobile gaming market, where such competitive offerings are currently limited.

Golden Pages

Seed Round in 2014
For eight years since its launch in 2006, Golden Pages was owned by NED BG. During that time the company developed into the leading on-line classified directory in Bulgaria used daily by tens of thousands of consumers and helping thousands of businesses to attract new customers. In September 2014 Golden Pages was acquired via a management buy-out supported by funding from Eleven Accelerator Venture Fund. The new company, Golden Media Ltd. is the owner of the brands Golden Pages ™ and a new sales and lead generation service, Rent A Team . For almost ten years Golden Pages has been the leading source of business information in Bulgaria. It is the preferred marketing partner for small and medium businesses, as well as the most comprehensive, reliable, accessible and valuable source of business information in Bulgaria.

GymRealm

Seed Round in 2014
GymRealm is a Bulgaria-based company, established in 2011, that specializes in developing software for the fitness and wellness industry. It offers a cloud-based platform designed to assist users in locating fitness and sport centers, thereby enhancing their ability to organize activities efficiently. The company's software provides a range of features tailored for gym management, including member management, booking and scheduling, financial reporting, access control, and marketing tools. These functionalities enable fitness businesses to improve operational efficiency, increase profitability, and enhance customer satisfaction. Additionally, GymRealm provides sport pass cards as part of its offerings.

GymRealm

Convertible Note in 2014
GymRealm is a Bulgaria-based company, established in 2011, that specializes in developing software for the fitness and wellness industry. It offers a cloud-based platform designed to assist users in locating fitness and sport centers, thereby enhancing their ability to organize activities efficiently. The company's software provides a range of features tailored for gym management, including member management, booking and scheduling, financial reporting, access control, and marketing tools. These functionalities enable fitness businesses to improve operational efficiency, increase profitability, and enhance customer satisfaction. Additionally, GymRealm provides sport pass cards as part of its offerings.

PartyWithMe

Seed Round in 2014
PartyWithMe is based in Sofia, Grad Sofiya, Bulgaria.

EnhanCV

Seed Round in 2014
Enhancv Ltd. is a human resources company based in Sofia, Bulgaria, that operates a web-based platform designed to assist job applicants in creating impactful resumes. Founded in 2014, the platform transforms traditional resumes into tailored documents that emphasize achievements, personality, and relevant skills to enhance the likelihood of securing interviews. It features tools that guide users through the resume-building process, helping them to effectively highlight their strengths while avoiding clichés and vague language. By producing job-specific resumes that can navigate machine filtering, Enhancv aims to improve users' chances of standing out in a competitive job market.

LegalTrek

Convertible Note in 2014
LegalTrek is an integrated legal practice management solution designed for small-to-medium law firms, founded in 2013 and based in Sofia, Bulgaria. The company offers software that simplifies the management of legal practices by securely storing data, handling project management, timesheets, and invoicing. LegalTrek enables law firms to gain complete oversight of project success and increase profitability through accurate and timely billing. Its platform allows users to create professional-looking invoices in minutes and provides valuable reporting features. The company is known for its responsive customer support, addressing inquiries within minutes, which enhances user satisfaction and fosters business growth.

PartyWithMe

Seed Round in 2014
PartyWithMe is based in Sofia, Grad Sofiya, Bulgaria.

Farmhopping

Convertible Note in 2013
Farmhopping Ltd. is an online platform that connects small farmers with consumers, facilitating direct interactions and transactions. Founded in 2012 and based in Sofia, Bulgaria, the platform allows farmers to establish personal storefronts where they can sell their produce and engage with customers. Through Farmhopping, farmers can offer various farm share packages, which may include fresh produce, accommodations, and other goods or services. This marketplace not only supports the financial development of farms but also encourages consumers to access sustainably grown food directly from local producers, enhancing community connections and promoting responsible agricultural practices.

Wiener Games Studio

Convertible Note in 2013
Wiener Games is a Bulgaria-based developer specializing in online casino and social games. The company operates a game development platform that encompasses the entire game creation process, from initial concept and mathematical modeling to artwork, animation, and final development. Wiener Games provides its services to various companies in the market, utilizing a flexible and advanced Random Game Server (RGS) or Random Number Generator (RNG) platform. This technology allows clients to efficiently manage slot games, including back-office operations and integrations, thereby enhancing the user experience in the online gaming sector.

LegalTrek

Seed Round in 2013
LegalTrek is an integrated legal practice management solution designed for small-to-medium law firms, founded in 2013 and based in Sofia, Bulgaria. The company offers software that simplifies the management of legal practices by securely storing data, handling project management, timesheets, and invoicing. LegalTrek enables law firms to gain complete oversight of project success and increase profitability through accurate and timely billing. Its platform allows users to create professional-looking invoices in minutes and provides valuable reporting features. The company is known for its responsive customer support, addressing inquiries within minutes, which enhances user satisfaction and fosters business growth.

GymRealm

Seed Round in 2013
GymRealm is a Bulgaria-based company, established in 2011, that specializes in developing software for the fitness and wellness industry. It offers a cloud-based platform designed to assist users in locating fitness and sport centers, thereby enhancing their ability to organize activities efficiently. The company's software provides a range of features tailored for gym management, including member management, booking and scheduling, financial reporting, access control, and marketing tools. These functionalities enable fitness businesses to improve operational efficiency, increase profitability, and enhance customer satisfaction. Additionally, GymRealm provides sport pass cards as part of its offerings.

Divesquare

Seed Round in 2013
Divesquare is a Bulgaria-based company that provides cloud-based solutions tailored for scuba divers. Its platform enables users to maintain a digital logbook, plan upcoming dives, and connect with fellow divers, enhancing the overall diving experience. By facilitating social interaction and data synchronization across web and mobile devices, Divesquare aims to foster a community among divers, allowing them to share their adventures and make new friends in the diving world.

NumberPicture

Seed Round in 2013
NumberPicture is a Bulgarian startup that offers an online application for content creators to develop infographics. This application emphasizes superb design, data visualization, and usability, allowing users to easily transform data from various sources into engaging graphical stories. The platform aims to enhance the visual communication capabilities of its users, enabling them to express complex information in a more accessible and appealing manner. NumberPicture is also part of the Bulgarian startup accelerator Eleven, which supports its growth and development in the competitive tech landscape.

Wonderswamp

Convertible Note in 2013
Wonderswamp is a studio that specializes in video commercials, short films, music videos, and social video marketing. Wonderswamp was founded by Kalin Iliev in 2011 and is based in Sofia, Bulgaria.

NumberPicture

Seed Round in 2013
NumberPicture is a Bulgarian startup that offers an online application for content creators to develop infographics. This application emphasizes superb design, data visualization, and usability, allowing users to easily transform data from various sources into engaging graphical stories. The platform aims to enhance the visual communication capabilities of its users, enabling them to express complex information in a more accessible and appealing manner. NumberPicture is also part of the Bulgarian startup accelerator Eleven, which supports its growth and development in the competitive tech landscape.

Quizens

Seed Round in 2013
Quizens is a mobile location-based game that enables players to compete for ownership of real locations on a map by correctly answering general knowledge questions. Founded by Cristian Olteanu, Eugen Varzaru, and Tiberiu Maxim in Sofia, Bulgaria, Quizens combines entertainment with education, allowing users to enhance their knowledge while engaging in gameplay. Players can continuously improve their skills and vie for higher rankings on the leaderboard, making the experience both competitive and informative.

Wiener Games Studio

Seed Round in 2013
Wiener Games is a Bulgaria-based developer specializing in online casino and social games. The company operates a game development platform that encompasses the entire game creation process, from initial concept and mathematical modeling to artwork, animation, and final development. Wiener Games provides its services to various companies in the market, utilizing a flexible and advanced Random Game Server (RGS) or Random Number Generator (RNG) platform. This technology allows clients to efficiently manage slot games, including back-office operations and integrations, thereby enhancing the user experience in the online gaming sector.

MaistorPlus

Seed Round in 2013
MaistorPlus is an online platform based in Sofia, Bulgaria, that connects homeowners with skilled craftsmen for home improvement projects. Founded in 2012, the platform allows homeowners to post job listings and provides a space for tradesmen to create profiles showcasing their work. Users can leave feedback after the completion of jobs, fostering a community of trust and accountability. By simplifying the process of finding and hiring reliable professionals, MaistorPlus serves as a valuable resource for both homeowners seeking services and tradesmen looking to reach potential clients.

LegalTrek

Seed Round in 2013
LegalTrek is an integrated legal practice management solution designed for small-to-medium law firms, founded in 2013 and based in Sofia, Bulgaria. The company offers software that simplifies the management of legal practices by securely storing data, handling project management, timesheets, and invoicing. LegalTrek enables law firms to gain complete oversight of project success and increase profitability through accurate and timely billing. Its platform allows users to create professional-looking invoices in minutes and provides valuable reporting features. The company is known for its responsive customer support, addressing inquiries within minutes, which enhances user satisfaction and fosters business growth.

GymRealm

Seed Round in 2013
GymRealm is a Bulgaria-based company, established in 2011, that specializes in developing software for the fitness and wellness industry. It offers a cloud-based platform designed to assist users in locating fitness and sport centers, thereby enhancing their ability to organize activities efficiently. The company's software provides a range of features tailored for gym management, including member management, booking and scheduling, financial reporting, access control, and marketing tools. These functionalities enable fitness businesses to improve operational efficiency, increase profitability, and enhance customer satisfaction. Additionally, GymRealm provides sport pass cards as part of its offerings.

Farmhopping

Seed Round in 2013
Farmhopping Ltd. is an online platform that connects small farmers with consumers, facilitating direct interactions and transactions. Founded in 2012 and based in Sofia, Bulgaria, the platform allows farmers to establish personal storefronts where they can sell their produce and engage with customers. Through Farmhopping, farmers can offer various farm share packages, which may include fresh produce, accommodations, and other goods or services. This marketplace not only supports the financial development of farms but also encourages consumers to access sustainably grown food directly from local producers, enhancing community connections and promoting responsible agricultural practices.

Wonderswamp

Seed Round in 2013
Wonderswamp is a studio that specializes in video commercials, short films, music videos, and social video marketing. Wonderswamp was founded by Kalin Iliev in 2011 and is based in Sofia, Bulgaria.

Sensika

Seed Round in 2013
Sensika, Inc. is a company based in Sofia, Bulgaria, founded in 2012, that specializes in developing a cloud-based information intelligence platform. This platform extracts information from diverse web sources, social networks, and premium content providers, creating a comprehensive electronic archive of Bulgarian-language publications, websites, and blogs. Sensika offers a media monitoring solution that combines advanced software capabilities with the expertise of developers, AI specialists, and media analysts. By transforming media content into actionable insights, Sensika enables clients to make informed, data-driven decisions through its range of products, which include dashboards, data alerts, and reports.

Farmhopping

Seed Round in 2012
Farmhopping Ltd. is an online platform that connects small farmers with consumers, facilitating direct interactions and transactions. Founded in 2012 and based in Sofia, Bulgaria, the platform allows farmers to establish personal storefronts where they can sell their produce and engage with customers. Through Farmhopping, farmers can offer various farm share packages, which may include fresh produce, accommodations, and other goods or services. This marketplace not only supports the financial development of farms but also encourages consumers to access sustainably grown food directly from local producers, enhancing community connections and promoting responsible agricultural practices.

Sensika

Seed Round in 2012
Sensika, Inc. is a company based in Sofia, Bulgaria, founded in 2012, that specializes in developing a cloud-based information intelligence platform. This platform extracts information from diverse web sources, social networks, and premium content providers, creating a comprehensive electronic archive of Bulgarian-language publications, websites, and blogs. Sensika offers a media monitoring solution that combines advanced software capabilities with the expertise of developers, AI specialists, and media analysts. By transforming media content into actionable insights, Sensika enables clients to make informed, data-driven decisions through its range of products, which include dashboards, data alerts, and reports.
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