PortfoLion Capital Partners

PortfoLion Ltd. is a private equity and venture capital firm based in Budapest, Hungary, and serves as the corporate venture capital arm of OTP Bank Plc. Established in 2008, PortfoLion focuses on investments in start-ups and early-stage companies, primarily in sectors such as biotechnology, alternative energy, information technology security, healthcare, financial technology, and artificial intelligence. The firm targets companies operating in Hungary and aims to invest between HUF 100 million and HUF 400 million in enterprises with an enterprise value ranging from HUF 300 million to HUF 2000 million. Additionally, PortfoLion looks for businesses with sales values between HUF 100 million and HUF 1500 million and EBITDA between HUF 50 million and HUF 500 million. The firm typically seeks to exit its investments within three to five years through trade sales or management buyouts. PortfoLion also has a presence in Szombathely, Hungary, supporting its investment activities in the region.

Tamás Balassa

Principal

Miklós Bónis

Investment Director

Anna Csellár

Business Analyst

Zoltán Farkas

Investment Manager

Bence Gergely

Principal

Elemér Gidofalvy

Partner

Dániel Kiss-Király

Investment Manager

János Likavcsán

Senior Investment Analyst

Lili Lénárd

Investment Analyst

Péter Máthé

Investment Associate

Jenő Nieder

Deputy CEO

Botond Németh

Investment Manager

Gábor Pozsonyi

Partner

Csaba Páczai

CFO

Aurel Pasztor

Partner

Kinga Szocs

Investment Associate

László Vécsei

Investment Director

Past deals in Hungary

SEON

Series B in 2022
SEON is a Budapest-based fraud prevention startup that specializes in developing advanced fraud detection software. Founded in 2017, the company utilizes machine learning and human intelligence algorithms to analyze transactional data in real-time. Its software collects information about transactions and associated customers, integrating features such as device fingerprinting, email verification, and IP address analysis. This comprehensive approach enables businesses to identify and mitigate fraudulent activities effectively, ensuring enhanced data security. SEON operates with commercial headquarters in London, UK, and aims to provide organizations with the tools needed to safeguard against evolving fraud patterns.

SEON

Series A in 2021
SEON is a Budapest-based fraud prevention startup that specializes in developing advanced fraud detection software. Founded in 2017, the company utilizes machine learning and human intelligence algorithms to analyze transactional data in real-time. Its software collects information about transactions and associated customers, integrating features such as device fingerprinting, email verification, and IP address analysis. This comprehensive approach enables businesses to identify and mitigate fraudulent activities effectively, ensuring enhanced data security. SEON operates with commercial headquarters in London, UK, and aims to provide organizations with the tools needed to safeguard against evolving fraud patterns.

VCC Live

Series A in 2020
VCC Live Group Inc. is a Budapest-based company that specializes in developing a comprehensive software platform for call center and telecommunications services. Founded in 1999, VCC Live provides a range of solutions including telesales, debt collection, customer service, and multi-channel communication through voice, email, SMS, chat, and dialers. Its cloud-based technology enables both in-house and outsourced call centers to manage customer interactions efficiently and effectively across diverse channels. The company focuses on enhancing communication processes, ensuring that businesses can securely and efficiently connect with their customers.

SEON

Seed Round in 2019
SEON is a Budapest-based fraud prevention startup that specializes in developing advanced fraud detection software. Founded in 2017, the company utilizes machine learning and human intelligence algorithms to analyze transactional data in real-time. Its software collects information about transactions and associated customers, integrating features such as device fingerprinting, email verification, and IP address analysis. This comprehensive approach enables businesses to identify and mitigate fraudulent activities effectively, ensuring enhanced data security. SEON operates with commercial headquarters in London, UK, and aims to provide organizations with the tools needed to safeguard against evolving fraud patterns.

Talk-A-Bot

Seed Round in 2019
Talk-A-Bot is an information technology company based in Budapest, Hungary, founded in 2016. It specializes in developing a chatbot platform that facilitates communication for enterprises through messaging. The company's solutions serve various sectors, including media and entertainment, e-commerce, financial services, banking, insurance, utilities, and retail. Talk-A-Bot's platform is designed to automate communication between businesses and their customers, enhancing user experience through a digital approach. The company emphasizes data privacy and backend integration while offering both technical and marketing services, ensuring compatibility with multiple chat platforms.

CloudStorm

Seed Round in 2018
CloudStorm is a company specializing in robotic process automation solutions, aimed at enhancing administrative efficiency for businesses. Founded in 2016 and headquartered in Budapest, Hungary, with additional offices in Vienna, Austria, and Kraków, Poland, CloudStorm develops a comprehensive process automation software toolkit. This toolkit enables organizations to connect various software applications and automate repetitive tasks through the use of software robots. Key functionalities include task automation, software integration, complex workflow creation, data entry, reporting, and remote workforce applications. The company operates cloud data centers located in Germany, Ireland, and the United States, facilitating its innovative approach to creating an automated office environment where tedious tasks are efficiently managed by technology.

Starschema

Private Equity Round in 2018
Starschema Ltd. is a data warehousing and business intelligence service provider based in Budapest, Hungary, with an additional office in Arlington, Virginia. Founded in 2006, the company specializes in big data services and technology innovation, offering solutions such as data visualization through its use of Tableau. Starschema focuses on addressing complex data management challenges and provides a technology outsourcing platform that includes tools for data virtualization. This allows businesses to integrate external data sources into their existing databases in real-time, thereby enhancing their ability to make informed decisions and drive growth.

SEON

Seed Round in 2018
SEON is a Budapest-based fraud prevention startup that specializes in developing advanced fraud detection software. Founded in 2017, the company utilizes machine learning and human intelligence algorithms to analyze transactional data in real-time. Its software collects information about transactions and associated customers, integrating features such as device fingerprinting, email verification, and IP address analysis. This comprehensive approach enables businesses to identify and mitigate fraudulent activities effectively, ensuring enhanced data security. SEON operates with commercial headquarters in London, UK, and aims to provide organizations with the tools needed to safeguard against evolving fraud patterns.

Samebug

Seed Round in 2017
Samebug, Inc. operates a software platform designed to assist developers in finding and sharing solutions to software bugs. Founded in 2015 and based in Budapest, Hungary, the company utilizes stack trace analysis to identify solutions to runtime errors, making it easier for developers to address software issues. By inputting a stack trace from a crash into its platform, users can search through an extensive database of solutions, which is continually expanding. If a solution has already been identified by another developer, Samebug presents it directly; if not, the platform connects users with experts for further assistance. Samebug aims to facilitate the adoption of new technologies and enhance application development by leveraging collective bug-fixing knowledge within the developer community. As of early 2019, Samebug operates as a subsidiary of Rollbar, Inc.

D-ÉG Thermoset

Private Equity Round in 2012
D-ÉG Thermoset Kft. is a prominent entity in Hungary's building engineering sector, primarily recognized for its panel radiator manufacturing facility located in Dunaújváros, the only Hungarian-owned company in this field. In addition to its manufacturing operations, D-ÉG Thermoset has established a retail network comprising 23 stores nationwide, which have significantly outperformed its radiator sales in terms of turnover. Despite facing challenges during the post-2008 construction sector recession, the company has successfully maintained its market share and operational profitability through efficiency-enhancing initiatives. Its business strategy focuses on improving efficiency, exploring new market segments, and increasing radiator exports, while leveraging its existing retail network and expanding its offerings to include a range of HVAC and plumbing products. D-ÉG Thermoset aims to navigate the current economic landscape and position itself for future growth amidst a stagnant construction market.

Intellio

Series A in 2011
Intellio Ltd. is a privately held technology company based in Budapest, Hungary, specializing in the development of advanced video surveillance systems tailored for medium to large multi-site environments. Founded in 2004 by a team of engineers from the security industry, Intellio focuses on enhancing security measures for stadiums, retail shops, and logistics operations. Its flagship product, the Intellio Video System 4, integrates sophisticated video management software and advanced camera technology to automate the recognition of various security risk events. This automation allows security providers to respond promptly to potential threats, significantly improving incident management and overall safety.
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