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.
Top Stages
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Past deals in Croatia
Farmia
Seed Round in 2015
Farmia is an online livestock marketplace that connects farmers with potential buyers, facilitating the sale of livestock in a more efficient and cost-effective manner. The platform caters to over 80,000 active farmers, enabling them to reach a broader audience and maximize profits by selling their animals at optimal times. Farmia operates in multiple countries, including the United States, Germany, Serbia, Croatia, Bosnia, Montenegro, and Macedonia. To date, the platform has facilitated more than 15,000 transactions, resulting in the sale of over 200,000 animals, with a total transaction value exceeding 25 million euros. In addition to connecting buyers and sellers, Farmia offers services such as veterinary checks and transportation organization, further streamlining the trading process.
Colombio
Convertible Note in 2015
Colombio is a Croatian-based company that operates a mobile application and web platform facilitating citizen journalism. Its core business involves connecting users with their preferred news media and journalists, enabling users to act as on-site reporters and submit textual information, photos, and videos directly to news outlets. The platform also allows news media companies to engage with their audience, manage content from eyewitnesses, and collaborate with citizens, enhancing their journalists' ability to inform and serve their communities. Colombio generates revenue through a payment system that enables news media companies to compensate contributors for their content.
Colombio
Seed Round in 2015
Colombio is a Croatian-based company that operates a mobile application and web platform facilitating citizen journalism. Its core business involves connecting users with their preferred news media and journalists, enabling users to act as on-site reporters and submit textual information, photos, and videos directly to news outlets. The platform also allows news media companies to engage with their audience, manage content from eyewitnesses, and collaborate with citizens, enhancing their journalists' ability to inform and serve their communities. Colombio generates revenue through a payment system that enables news media companies to compensate contributors for their content.
Farmia
Convertible Note in 2015
Farmia is an online livestock marketplace that connects farmers with potential buyers, facilitating the sale of livestock in a more efficient and cost-effective manner. The platform caters to over 80,000 active farmers, enabling them to reach a broader audience and maximize profits by selling their animals at optimal times. Farmia operates in multiple countries, including the United States, Germany, Serbia, Croatia, Bosnia, Montenegro, and Macedonia. To date, the platform has facilitated more than 15,000 transactions, resulting in the sale of over 200,000 animals, with a total transaction value exceeding 25 million euros. In addition to connecting buyers and sellers, Farmia offers services such as veterinary checks and transportation organization, further streamlining the trading process.
Farmia
Seed Round in 2014
Farmia is an online livestock marketplace that connects farmers with potential buyers, facilitating the sale of livestock in a more efficient and cost-effective manner. The platform caters to over 80,000 active farmers, enabling them to reach a broader audience and maximize profits by selling their animals at optimal times. Farmia operates in multiple countries, including the United States, Germany, Serbia, Croatia, Bosnia, Montenegro, and Macedonia. To date, the platform has facilitated more than 15,000 transactions, resulting in the sale of over 200,000 animals, with a total transaction value exceeding 25 million euros. In addition to connecting buyers and sellers, Farmia offers services such as veterinary checks and transportation organization, further streamlining the trading process.
Farmia
Seed Round in 2014
Farmia is an online livestock marketplace that connects farmers with potential buyers, facilitating the sale of livestock in a more efficient and cost-effective manner. The platform caters to over 80,000 active farmers, enabling them to reach a broader audience and maximize profits by selling their animals at optimal times. Farmia operates in multiple countries, including the United States, Germany, Serbia, Croatia, Bosnia, Montenegro, and Macedonia. To date, the platform has facilitated more than 15,000 transactions, resulting in the sale of over 200,000 animals, with a total transaction value exceeding 25 million euros. In addition to connecting buyers and sellers, Farmia offers services such as veterinary checks and transportation organization, further streamlining the trading process.
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