LAUNCHub Ventures is a venture capital firm established in 2012 and headquartered in Sofia, Bulgaria. It specializes in early-stage investments, targeting technology startups in the Seed and Series A funding stages primarily located in Central and Southeastern Europe. The firm focuses on ambitious founders and scalable businesses with initial traction, providing initial investments ranging from €300K to €2M, with the capacity to lead funding rounds up to €4M. LAUNCHub Ventures emphasizes not only financial support but also active partnership with portfolio companies, assisting them in achieving their milestones and securing subsequent funding through programs like their 'Series A academy'. The firm has played a significant role in enhancing the startup ecosystem in the CEE region and has attracted attention from major venture capital firms in Europe and the United States.
Dataworks Research SRL, operating as Veridion, specializes in software-as-a-service solutions for B2B sales lead generation. Founded in 2018 and based in Bucharest, Romania, the company provides tools that enable B2B businesses to identify leads aligned with their ideal customer profiles. Its software delivers valuable contact data for outreach campaigns, including details on customer location, product categories, company size, job titles, website attributes, and technology usage. Dataworks Research primarily caters to small and medium-sized B2B software companies, sales development agencies, SEO and web development firms, as well as media and social media agencies. By leveraging artificial intelligence and machine learning, the company enriches business data with real-time updates and maintains a focus on reliability and accuracy, ensuring its datasets are of exceptional quality compared to industry standards.
OfficeRnD
Series A in 2019
OfficeRnD is a company that develops and operates a cloud-based workplace management system designed to streamline the management of flexible and hybrid workspaces. Founded in 2014 and headquartered in Sofia, Bulgaria, the platform enables clients to design work environments, manage office inventory, track relocations, and optimize space utilization without the need for CAD files. OfficeRnD integrates various essential functions such as accounting, payment processing, access control, WiFi management, printing, and customer relationship management, creating a fully automated and connected experience. The platform serves a diverse clientele, including office spaces, co-working spaces, educational institutions, and furniture retailers, helping operators and property management firms enhance operational efficiency, improve member experiences, and make informed, data-driven decisions.
FindMeCure
Seed Round in 2017
FindMeCure is a platform designed to connect individuals seeking treatment options with clinical trials. Founded in 2015 and headquartered in Sofia, Bulgaria, the company provides an easy-to-use interface that allows users to search for and apply to participate in clinical studies with just a few clicks. The platform offers comprehensive information about each trial, including eligibility criteria, objectives, intervention details, and contact information for trial coordinators. By bridging the gap between the clinical research industry and patients, FindMeCure aims to facilitate access to innovative medical treatments and enhance participation in clinical research.
Domestina
Seed Round in 2015
Domestina Ltd. operates an online platform that connects customers with housemaid services, allowing them to hire cleaning professionals efficiently and conveniently. Founded in 2013 and based in Sofia, Bulgaria, the company facilitates interactions between clients and cleaning providers, offering a marketplace where users can compare services, prices, and reviews. Domestina provides a variety of cleaning options, including house cleaning, office cleaning, and deep cleaning, ensuring that customers can access affordable and professional cleaning solutions. The platform also assists cleaning businesses in managing their operations, enabling scalability and enhancing service delivery.
Style Jukebox
Seed Round in 2015
Style Jukebox is a Romanian startup developing the first 24/192 High-Resolution music service designed for the uncompromising sound enthusiast.
Domestina
Seed Round in 2015
Domestina Ltd. operates an online platform that connects customers with housemaid services, allowing them to hire cleaning professionals efficiently and conveniently. Founded in 2013 and based in Sofia, Bulgaria, the company facilitates interactions between clients and cleaning providers, offering a marketplace where users can compare services, prices, and reviews. Domestina provides a variety of cleaning options, including house cleaning, office cleaning, and deep cleaning, ensuring that customers can access affordable and professional cleaning solutions. The platform also assists cleaning businesses in managing their operations, enabling scalability and enhancing service delivery.
Jumpido
Seed Round in 2014
Jumpido is an educational game developer focused on enhancing mathematics learning for primary school students aged 6 to 12. Founded in May 2013 by Kiril Rusev, Nikola Kosev, and Dilyan Rusev, the company utilizes Microsoft's Kinect motion-sensor technology to integrate physical gestures with intelligent problem-solving, creating an interactive and engaging classroom experience. The platform offers a variety of math-related games that not only challenge students' aptitude but also incorporate natural body movements, making learning enjoyable and dynamic. Jumpido received funding from LAUNCHub, a seed and acceleration fund based in Sofia, Bulgaria, to support its mission of providing innovative educational solutions globally.
Style Jukebox
Seed Round in 2014
Style Jukebox is a Romanian startup developing the first 24/192 High-Resolution music service designed for the uncompromising sound enthusiast.
Jumpido
Seed Round in 2014
Jumpido is an educational game developer focused on enhancing mathematics learning for primary school students aged 6 to 12. Founded in May 2013 by Kiril Rusev, Nikola Kosev, and Dilyan Rusev, the company utilizes Microsoft's Kinect motion-sensor technology to integrate physical gestures with intelligent problem-solving, creating an interactive and engaging classroom experience. The platform offers a variety of math-related games that not only challenge students' aptitude but also incorporate natural body movements, making learning enjoyable and dynamic. Jumpido received funding from LAUNCHub, a seed and acceleration fund based in Sofia, Bulgaria, to support its mission of providing innovative educational solutions globally.
AdTapsy
Seed Round in 2014
AdTapsy Ltd., founded in 2013 and based in Sofia, Bulgaria, operates a mobile advertisement revenue accelerator designed for app developers and publishers. The company provides a mediation platform that simplifies the integration and management of multiple ad networks within a single SDK, including popular options like Charboost, Revmob, and Applovin. By employing an automatic switching feature to the highest-paying ad network, AdTapsy ensures a high fill rate, reaching up to 99%. Additionally, the platform offers real-time leaderboards and regular incentives for top-performing publishers, enabling them to optimize their advertising revenue efficiently.
CloudRunner.io
Seed Round in 2014
CloudRunner I/O is a one-stop shop for DevOps which offers framework and tools for configuration and orchestration, deployments, real time logs inspection, applications discovery and collaboration. It runs in the cloud and on physical servers. Product description: CloudRunner I/O is a simple but powerful framework for remote server management, deployments and simple monitoring. On top of that it provides automation tools and a way to build automation workflows. The key features include: • Execute scripts of your choice (Bash, Python, Ruby, Puppet and Chef-Solo recipes, Ansible); • Pass environment variables between servers and between different script languages (works for a limited number of languages, but can be extended with a plugins); • Secure communication using SSL certificates; • Fast and reliable transport backend via ZeroMQ (although a different backend can be used as a plugins); • Automation workflows based on events, specific tasks or processes (e.g Continuous Integration (CI), automation deployments). • Restful API The framework is available in two versions. The Open Source version (v.0.5) includes the basic features. It is available for download in GitHub - https://github.com/CloudRunnerIO/cloudrunner/. The Enterprise version includes all the features plus customer support and tools. It is ready to use on premise and is available upon request. The initial commercial tools will be available as self-service tools on Amazon AWS, RackSpace and OpenStack marketplaces.
IQ Friends
Seed Round in 2014
IQ Friends is a company that specializes in developing brain training games designed to enhance cognitive abilities such as logic, memory, visual perception, arithmetic, reaction speed, and mental flexibility. Founded in 2007 and based in Sofia, Bulgaria, the company began with an online IQ test created in collaboration with researchers from SRH University Heidelberg, which set the foundation for its subsequent offerings. IQ Friends combines scientific principles with engaging gameplay to create social brain training experiences that can also aid in delaying or preventing Alzheimer's disease. The platform emphasizes user experience by integrating psychometric testing with gamification, making brain training enjoyable and interactive on mobile devices. Additionally, IQ Friends provides a series of workouts aimed at building cognitive reserves, promoting a healthy and productive lifestyle.
BGMENU.com
Seed Round in 2014
BGMENU is an online platform for food ordering and delivery including over 250 restaurants in Bulgaria, which increase in number every day. It is the only company on the Bulgarian market, offering express delivery of products and services to individual and corporate clients, using a multichannel approach.
Prefer.ly
Seed Round in 2014
Prefer.ly is an e-commerce platform based in Bulgaria that specializes in providing shopping decision advice. The company aggregates online reviews for various products and transforms this information into actionable insights to assist consumers in making informed purchasing choices. By leveraging a growing database of real people's preferences, Prefer.ly aims to simplify the shopping experience and guide users through their decision-making process.
CloudRunner.io
Seed Round in 2013
CloudRunner I/O is a one-stop shop for DevOps which offers framework and tools for configuration and orchestration, deployments, real time logs inspection, applications discovery and collaboration. It runs in the cloud and on physical servers. Product description: CloudRunner I/O is a simple but powerful framework for remote server management, deployments and simple monitoring. On top of that it provides automation tools and a way to build automation workflows. The key features include: • Execute scripts of your choice (Bash, Python, Ruby, Puppet and Chef-Solo recipes, Ansible); • Pass environment variables between servers and between different script languages (works for a limited number of languages, but can be extended with a plugins); • Secure communication using SSL certificates; • Fast and reliable transport backend via ZeroMQ (although a different backend can be used as a plugins); • Automation workflows based on events, specific tasks or processes (e.g Continuous Integration (CI), automation deployments). • Restful API The framework is available in two versions. The Open Source version (v.0.5) includes the basic features. It is available for download in GitHub - https://github.com/CloudRunnerIO/cloudrunner/. The Enterprise version includes all the features plus customer support and tools. It is ready to use on premise and is available upon request. The initial commercial tools will be available as self-service tools on Amazon AWS, RackSpace and OpenStack marketplaces.
Imagga
Seed Round in 2013
Imagga Ltd. is a company that operates a cloud-based platform focused on image recognition and processing. Founded in 2008 and based in Sofia, Bulgaria, Imagga provides developers and businesses with powerful APIs for image tagging, auto-categorization, and color extraction. Its platform supports various functionalities such as visual image search and auto-tagging, allowing users to efficiently manage and analyze large collections of digital images. Imagga's infrastructure is designed to handle substantial image loads and can automatically scale to accommodate numerous concurrent queries. The services are offered on a software-as-a-service basis, utilizing a pay-as-you-go model for both web and mobile applications, enabling clients to effectively monetize and leverage their image content.
Jumpido
Seed Round in 2013
Jumpido is an educational game developer focused on enhancing mathematics learning for primary school students aged 6 to 12. Founded in May 2013 by Kiril Rusev, Nikola Kosev, and Dilyan Rusev, the company utilizes Microsoft's Kinect motion-sensor technology to integrate physical gestures with intelligent problem-solving, creating an interactive and engaging classroom experience. The platform offers a variety of math-related games that not only challenge students' aptitude but also incorporate natural body movements, making learning enjoyable and dynamic. Jumpido received funding from LAUNCHub, a seed and acceleration fund based in Sofia, Bulgaria, to support its mission of providing innovative educational solutions globally.
StorPool
Seed Round in 2012
StorPool Ltd. is a software provider based in Sofia, Bulgaria, specializing in software-defined storage solutions for distributed data storage. Its flagship product, StorPool, transforms standard servers and drives into a shared storage pool, enabling the aggregation of performance and capacity across multiple servers. This solution supports various workloads, including virtual machines, applications, and databases, facilitating operations such as desktop virtualization and critical data protection. StorPool’s software allows for seamless communication within a shared-nothing cluster, ensuring data redundancy and consistency while exposing volumes as local block devices. The platform is designed for easy management and scalability, allowing customers to expand capacity and performance without service disruption. Its client base includes hosting companies, telecoms, and data centers, all of whom benefit from a reliable and efficient storage solution that simplifies cloud infrastructure and enhances operational performance. StorPool also integrates with multiple cloud management platforms and technology stacks, making it versatile for various deployment scenarios.
Rankur
Seed Round in 2012
Rankur Inc. is a company based in Sofia, Bulgaria, specializing in online reputation management and social media analytics. Founded in 2012, it offers a web tool that enables businesses and professionals in PR and marketing to effectively monitor their brand presence across various platforms. The platform scans over 100 million blog posts, more than 1 million online reviews, and 100,000 news articles, analyzing data from over 1 billion users on major social media networks such as Twitter, Facebook, and Instagram. Rankur's unique web crawler provides insights that help clients track public sentiment, identify trending topics, and understand demographic details such as gender and age group. This comprehensive approach allows users to manage their reputation, analyze competitors, and make informed strategic decisions.
Next Points
Seed Round in 2012
Next Points is a provider of a SaaS-based business intelligence platform designed specifically for fast-moving consumer goods (FMCG) producers, distributors, and retailers. The company's flagship product, AZ4Cast, generates demand forecasts and key performance indicators while identifying trends and seasonal patterns. By aggregating industry data and employing advanced data mining techniques, AZ4Cast can accurately predict the impacts of promotions and provide insights tailored to various business segments. Founded in 2012 and headquartered in Sofia, Bulgaria, Next Points focuses on delivering user-friendly solutions that enhance decision-making for small and medium-sized enterprises, as well as marketing and forecasting departments within larger corporations.
Imagga
Seed Round in 2012
Imagga Ltd. is a company that operates a cloud-based platform focused on image recognition and processing. Founded in 2008 and based in Sofia, Bulgaria, Imagga provides developers and businesses with powerful APIs for image tagging, auto-categorization, and color extraction. Its platform supports various functionalities such as visual image search and auto-tagging, allowing users to efficiently manage and analyze large collections of digital images. Imagga's infrastructure is designed to handle substantial image loads and can automatically scale to accommodate numerous concurrent queries. The services are offered on a software-as-a-service basis, utilizing a pay-as-you-go model for both web and mobile applications, enabling clients to effectively monetize and leverage their image content.
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