New Vision 3

New Vision 3 is a venture capital investment firm founded in 2019 and based in Sofia, Bulgaria. The firm focuses on seed-stage and early-stage companies, seeking opportunities primarily in sectors such as fintech, blockchain, artificial intelligence, the shared economy, the Internet of Things, big data, 3D printing, robotics, nanotechnology, biotechnology, cybersecurity, cleantech, as well as augmented and virtual reality. By targeting a diverse range of innovative industries, New Vision 3 aims to support and drive the growth of transformative technologies and solutions in both the European and U.S. markets.

Filip Genov

Venture Partner

Slavi Kolev

Investment Analyst

Jordan Stoyanov

Venture Partner

Past deals in Bulgaria

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.

Re:Benefit

Seed Round in 2022
Re:Benefit is a pioneering company in Bulgaria that specializes in benefits management platforms. It offers a cloud-based enterprise solution that allows for the flexible allocation of employee bonuses and fringe benefits. The platform encompasses a wide range of services, including health insurance, sports cards, parking, transport, memberships, and charitable donations. One of its key features is the ability for employees to adjust their benefits each month without incurring additional administrative costs. This innovative approach assists employers in selecting and managing the most suitable benefits for their workforce, making Re:Benefit one of the most flexible solutions in the market.

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.

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.

phyre JSC

Venture Round in 2020
phyre JSC operates a digital wallet that enables users to make payments and transfer money through a mobile application. Founded in 2015 and based in Sofia, Bulgaria, the company offers features such as mobile payments, online shopping, digital loyalty cards, and peer-to-peer payments, allowing for contactless transactions via smartphones. In addition to its consumer-facing services, phyre JSC provides a fintech-in-a-box solution, simplifying the launch of fintech services for businesses. This platform allows clients to integrate various payment services and digital banking solutions into their products, streamlining the process and reducing associated costs. Notable clients include A1, Bosch, Canon, and McAfee, demonstrating the company's capability to support a diverse range of businesses.
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