Startup Wise Guys

Startup Wise Guys, founded in 2012 and based in Tallinn, Estonia, is a prominent startup accelerator focused on early-stage investments in the CEE region and Nordics. The accelerator has supported over 300 startups, specializing in sectors such as B2B, software as a service, fintech, cybersecurity, and sustainability. With an intensive program lasting up to five months, Startup Wise Guys helps founders validate, develop, and market their products to business customers, leveraging the expertise of more than 200 international and local mentors. The program prepares startups for investor engagement, culminating in Demo Days and appearances at major tech events to showcase their innovations to potential investors. The organization boasts a high startup survival rate exceeding 80% and has facilitated 11 significant exits. Upon completion of the program, startups join a network of over 300 alumni across more than 40 countries, gaining access to exclusive events focused on business development and fundraising.

Dag Ainsoo

CFO and General Partner

Attila Hudecz

Managing Director, Sustainability

Franziska Kolk

General Partner Africa

Andrea Orlando

Partner

Peter Sandberg

Venture Partner

Past deals in Eastern Europe

Pibox

Venture Round in 2024
Pibox is a cloud-based messenger application founded in 2014 and headquartered in Kyiv, Ukraine. It facilitates seamless communication and file sharing for users on both mobile and web platforms, allowing for the storage, management, and synchronization of files in the cloud. The platform is particularly beneficial for music producers, offering features like time-stamped audio commenting, high-resolution audio streaming for live collaboration, and internal messaging. Additionally, Pibox serves as a content collaboration tool that streamlines the review and discussion of creative materials such as music, video, and images, ultimately improving the efficiency of the content production process.

Akurateco

Pre Seed Round in 2022
Akurateco operates a Payment Orchestration Platform that offers a white-label solution for merchants, enabling them to establish a customizable and brandable payment gateway. The platform boasts over 350 connectors to various banks and payment methods worldwide, allowing users to manage multiple payment channels through a single integration. This streamlined approach helps optimize payment processing costs and improve transaction approval rates. In addition to its payment solutions, Akurateco provides managed security services to protect businesses from cyber threats, ensuring compliance with financial and security regulations. With a team of over 40 professionals and offices in the Netherlands, Ukraine, and Portugal, Akurateco leverages its expertise in digital payment technologies to enhance the security and efficiency of its clients' payment processing and information management systems.

Data Against Data

Pre Seed Round in 2022
Data Against Data is a company based in Bucharest, Romania, that focuses on enhancing online data privacy. It has developed a platform aimed at identifying companies that hold personal data and provides users with a comprehensive list of websites and applications to help secure their online information. The platform enables users to reclaim control over their data by allowing them to request deletion from various online sources that collect and store personal information, thereby facilitating greater privacy protection.

CleverEat

Pre Seed Round in 2022
CleverEat develops a platform that connects consumers to various restaurants for buying and selling food surplus. It helps reduce food waste by offering them for a cheaper price. CleverEat was founded in 2021 and is based in Timișoara, Romania.

Hirio

Pre Seed Round in 2021
Hirio is a technology company based in Kyiv, Ukraine, that specializes in automating the recruiting process using artificial intelligence. Founded in 2020, Hirio provides a digital platform designed to streamline recruitment by reducing repetitive tasks, organizing candidate information, and filtering qualifications specific to job requirements. This innovative approach aims to enhance efficiency in hiring by allowing companies to manage large volumes of applications more effectively. By leveraging technology, Hirio addresses the challenges faced by human resources departments, enabling them to focus on strategic decision-making rather than administrative burdens.

LookSize

Seed Round in 2020
We have created an online Clothing Fit and Size Solution that helps fashion shoppers filter the correct size with a single click while shopping online. We achieve this by using the MY SIZE button that automatically filters the products that fit the buyer perfectly. Once the clothing was preselected with the My Size button, we use the visual avatar to see the exact fit of the garment. TOP 50 Ukrainian startups according to the rating of MC Today/ Ukrainian startup fund winner.

Ticketsell

Pre Seed Round in 2019
Ticketsell.ai is the AI-empowered platform that provides products suite such as Top Competition, Top Sales, and Top Price. The platform evaluates market demand in concerts/sports events with the purpose of dynamically adjust ticket prices. They solve price inefficiently problem of concerts and sports event promoters, which stimulates ticket resellers resulting in profit loss and consumer desperation. Ticketsell.ai was founded in 2018 and is based in Kiev, Ukraine.

Ninja Lender

Pre Seed Round in 2019
Ninja Lender is a B2B marketplace based in Kyiv, Ukraine, established in 2018, that facilitates the buying and selling of rejected loan applications among various credit institutions. The platform aims to enhance financial inclusion by connecting borrowers with lenders who may be willing to finance previously rejected applications. By using an API for data exchange with financial institutions, Ninja Lender streamlines the process of matching lenders to rejected loan applications. Additionally, the company offers a web application for borrowers to gather necessary information and permissions. Acting as a financial intermediary, Ninja Lender generates revenue by charging a brokerage fee on the data price for applications that receive financing. This approach not only helps banks and lending companies improve customer loyalty but also reduces their customer acquisition costs by allowing them to sell rejected applications to other credit providers.

Ninja Lender

Pre Seed Round in 2018
Ninja Lender is a B2B marketplace based in Kyiv, Ukraine, established in 2018, that facilitates the buying and selling of rejected loan applications among various credit institutions. The platform aims to enhance financial inclusion by connecting borrowers with lenders who may be willing to finance previously rejected applications. By using an API for data exchange with financial institutions, Ninja Lender streamlines the process of matching lenders to rejected loan applications. Additionally, the company offers a web application for borrowers to gather necessary information and permissions. Acting as a financial intermediary, Ninja Lender generates revenue by charging a brokerage fee on the data price for applications that receive financing. This approach not only helps banks and lending companies improve customer loyalty but also reduces their customer acquisition costs by allowing them to sell rejected applications to other credit providers.

Pibox

Pre Seed Round in 2018
Pibox is a cloud-based messenger application founded in 2014 and headquartered in Kyiv, Ukraine. It facilitates seamless communication and file sharing for users on both mobile and web platforms, allowing for the storage, management, and synchronization of files in the cloud. The platform is particularly beneficial for music producers, offering features like time-stamped audio commenting, high-resolution audio streaming for live collaboration, and internal messaging. Additionally, Pibox serves as a content collaboration tool that streamlines the review and discussion of creative materials such as music, video, and images, ultimately improving the efficiency of the content production process.

PromoRepublic

Seed Round in 2014
PromoRepublic is a provider of a software-as-a-service (SaaS) platform focused on online digital promotion and social marketing. Founded in 2014 and based in Kyiv, Ukraine, the platform assists users in acquiring and engaging customers through various promotional mechanics, including contests and sweepstakes. It enables marketers to launch campaigns across multiple social media channels, such as Facebook and Twitter, as well as through mobile applications and standalone websites. The company's solutions cater to a diverse clientele that includes digital agencies, small and medium-sized enterprises, large corporations, and retail brands. PromoRepublic's technology is designed to enhance online visibility, maintain brand consistency, and streamline marketing efforts for multi-location businesses and agencies.
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