Startup Wise Guys

Startup Wise Guys is an accelerator and early-stage program based in Tallinn, Estonia, founded in 2012. It runs intensive up to five-month programs that validate and develop products and prepare founders to sell to business customers, culminating in demo days before venture capitalists and angel investors. The company focuses on B2B software as a service, fintech, cybersecurity, sustainability, and related tech sectors across Europe, and has accelerated more than 300 startups with a startup survival rate above 80%. It operates with a network of over 200 mentors who guide startups through product validation, market entry, and fundraising, and maintains a 300+ startup alumni community spanning more than 40 countries, with ongoing alumni events for business development and fundraising.

Daniela Esposito

Chief Strategy Officer and Board Member

Attila Hudecz

Batch Managing Director

Franziska Kolk

General Partner, Africa

Andrea Orlando

Partner

Past deals in Latvia

MonaTek IoT

Pre Seed Round in 2022
MonaTek, founded in 2018 and based in Riga, Latvia, specializes in energy management systems for real estate and industrial facilities. The company develops a comprehensive software platform designed to monitor and track energy consumption. Utilizing modular hardware and software components, MonaTek's Internet of Things (IoT) system aggregates and analyzes data from various sources, including sensors, smart meters, air quality monitors, and industrial controllers. This integrated approach allows users to efficiently streamline their energy monitoring processes, ultimately promoting better resource management and energy efficiency.

Okredo

Seed Round in 2021
Okredo operates an open data platform that aggregates and analyzes diverse business intelligence data. It offers services at freemium and premium levels, currently operating in Lithuania with plans for expansion across Europe.

Jeff

Seed Round in 2021
Jeff is a personalized loan broker that connects borrowers with lenders by utilizing alternative data to assess creditworthiness. Founded in 2019 and based in Riga, Latvia, Jeff aims to provide financial services to the unbanked population who lack traditional credit histories. By gathering data from various digital sources such as smartphones, social media, and geolocation, Jeff creates innovative solutions to evaluate potential borrowers’ credit profiles. The company’s platform allows users to search, compare, and secure loan offers conveniently while also offering loan-related advice. Through its unique approach, Jeff fosters access to financing and aims to establish a new standard for alternative credit scoring.

Jeff

Seed Round in 2021
Jeff is a personalized loan broker that connects borrowers with lenders by utilizing alternative data to assess creditworthiness. Founded in 2019 and based in Riga, Latvia, Jeff aims to provide financial services to the unbanked population who lack traditional credit histories. By gathering data from various digital sources such as smartphones, social media, and geolocation, Jeff creates innovative solutions to evaluate potential borrowers’ credit profiles. The company’s platform allows users to search, compare, and secure loan offers conveniently while also offering loan-related advice. Through its unique approach, Jeff fosters access to financing and aims to establish a new standard for alternative credit scoring.

Okredo

Pre Seed Round in 2021
Okredo operates an open data platform that aggregates and analyzes diverse business intelligence data. It offers services at freemium and premium levels, currently operating in Lithuania with plans for expansion across Europe.

Orocon

Seed Round in 2020
Orocon is a developer of specialized construction site management software aimed at enhancing operational efficiency for construction companies and real estate developers. The platform offers a comprehensive dashboard that consolidates project information, facilitating online planning, scheduling, and financial management. Additionally, it includes communication tools to streamline coordination across a network of subcontractors and stakeholders. With a successful proof of concept completed in Latvia, Orocon is experiencing increasing demand for demonstrations from other European countries as it prepares to expand its market reach. The company's focus is on helping clients manage their construction projects effectively, ultimately driving profitability and growth.

Orocon

Pre Seed Round in 2019
Orocon is a developer of specialized construction site management software aimed at enhancing operational efficiency for construction companies and real estate developers. The platform offers a comprehensive dashboard that consolidates project information, facilitating online planning, scheduling, and financial management. Additionally, it includes communication tools to streamline coordination across a network of subcontractors and stakeholders. With a successful proof of concept completed in Latvia, Orocon is experiencing increasing demand for demonstrations from other European countries as it prepares to expand its market reach. The company's focus is on helping clients manage their construction projects effectively, ultimately driving profitability and growth.

Motivio

Pre Seed Round in 2018
Motivio Ltd is an HR-tech company based in Latvia, founded in 2017. It specializes in enhancing employee engagement and satisfaction through innovative technology solutions. The company offers two primary products: Wiserstate, a guided personal development and problem-solving coaching platform, and Motivio Meals, a mobile application that digitalizes popular employee benefits such as meal and gym vouchers. Motivio Meals also incorporates features aimed at fostering team cohesion, including micro team building activities, lunch quests, and social engagement opportunities. By focusing on the needs of millennial talent, Motivio aims to assist organizations in attracting and retaining employees while promoting a more engaged workforce.

Orocon

Seed Round in 2018
Orocon is a developer of specialized construction site management software aimed at enhancing operational efficiency for construction companies and real estate developers. The platform offers a comprehensive dashboard that consolidates project information, facilitating online planning, scheduling, and financial management. Additionally, it includes communication tools to streamline coordination across a network of subcontractors and stakeholders. With a successful proof of concept completed in Latvia, Orocon is experiencing increasing demand for demonstrations from other European countries as it prepares to expand its market reach. The company's focus is on helping clients manage their construction projects effectively, ultimately driving profitability and growth.
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