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 Lithuania

GoRamp

Seed Round in 2023
GoRamp is a cloud-based transportation management software company founded in 2016 and based in Vilnius, Lithuania. It provides a comprehensive platform for shippers to manage freight logistics efficiently. The software offers real-time shipment planning, communication with carriers and stakeholders, and tools for dock scheduling, warehouse, and yard management. It simplifies various logistics processes, including tendering, document scanning, and virtual communication, all under a unified cloud service. By delivering real-time access to transportation orders, GoRamp enables clients to streamline their supply chain management and improve operational efficiency.

Okredo

Seed Round in 2021
Okredo is an open data platform that specializes in providing data and insights aimed at enhancing sales and mitigating credit risk. The platform aggregates and analyzes information from various sources, including financial reports and credit ratings, to deliver insights on creditworthiness, such as scores and limits. This enables businesses to make informed decisions regarding collaborations and investments. Okredo offers both freemium and premium services, catering to different user needs. While the company currently operates in Lithuania, it is in the process of expanding its services to Latvia, Poland, the UK, and other countries in Europe.

Watalook

Pre Seed Round in 2021
Watalook is a beauty booking platform that connects clients with beauty professionals, facilitating an efficient appointment scheduling process. The platform allows beauty experts to manage bookings through custom calendars, automate reminders, and maintain a client history dashboard. Additionally, beauty professionals can create personal web pages to showcase their services and work, enhancing their visibility and appeal to potential clients. Watalook primarily operates in Lithuania, the UK, the US, and Norway, making it easier for customers to discover and book beauty services in these markets.

GoRamp

Seed Round in 2021
GoRamp is a cloud-based transportation management software company founded in 2016 and based in Vilnius, Lithuania. It provides a comprehensive platform for shippers to manage freight logistics efficiently. The software offers real-time shipment planning, communication with carriers and stakeholders, and tools for dock scheduling, warehouse, and yard management. It simplifies various logistics processes, including tendering, document scanning, and virtual communication, all under a unified cloud service. By delivering real-time access to transportation orders, GoRamp enables clients to streamline their supply chain management and improve operational efficiency.

InRento

Pre Seed Round in 2021
InRento is a licensed buy-to-let investment platform operating in the European market, specifically in Lithuania and Spain. It allows investors to earn rental income and capital gains from a minimum investment of €500. Unlike traditional investment platforms, InRento provides a secondary market feature, enabling investors to sell their investments before maturity, offering greater liquidity. The platform focuses on diverse rental properties, including options for Airbnb rentals, where larger investments can also grant time-share rights for personal use. InRento simplifies the investment process by handling property management, allowing investors to own rental properties without the complexities of day-to-day management while promoting portfolio diversification.

Okredo

Pre Seed Round in 2021
Okredo is an open data platform that specializes in providing data and insights aimed at enhancing sales and mitigating credit risk. The platform aggregates and analyzes information from various sources, including financial reports and credit ratings, to deliver insights on creditworthiness, such as scores and limits. This enables businesses to make informed decisions regarding collaborations and investments. Okredo offers both freemium and premium services, catering to different user needs. While the company currently operates in Lithuania, it is in the process of expanding its services to Latvia, Poland, the UK, and other countries in Europe.

Manu

Pre Seed Round in 2020
MANU is a behavioral analytics company established in 2019 and based in Vilnius, Lithuania. The company specializes in developing software that analyzes online form interactions to create user profiles, thereby assisting financial institutions in client onboarding and credit scoring. By offering high granularity data collected from these interactions, MANU enables companies to pre-screen potential users, reducing costs and risks associated with lending. Its technology helps identify unreliable borrowers during the loan application process, allowing consumer lending companies to make informed business decisions and improve user experience. Through its innovative solutions, MANU aims to enhance conversion rates and client satisfaction in the financial sector.

GoRamp

Pre Seed Round in 2019
GoRamp is a cloud-based transportation management software company founded in 2016 and based in Vilnius, Lithuania. It provides a comprehensive platform for shippers to manage freight logistics efficiently. The software offers real-time shipment planning, communication with carriers and stakeholders, and tools for dock scheduling, warehouse, and yard management. It simplifies various logistics processes, including tendering, document scanning, and virtual communication, all under a unified cloud service. By delivering real-time access to transportation orders, GoRamp enables clients to streamline their supply chain management and improve operational efficiency.

Manu

Pre Seed Round in 2019
MANU is a behavioral analytics company established in 2019 and based in Vilnius, Lithuania. The company specializes in developing software that analyzes online form interactions to create user profiles, thereby assisting financial institutions in client onboarding and credit scoring. By offering high granularity data collected from these interactions, MANU enables companies to pre-screen potential users, reducing costs and risks associated with lending. Its technology helps identify unreliable borrowers during the loan application process, allowing consumer lending companies to make informed business decisions and improve user experience. Through its innovative solutions, MANU aims to enhance conversion rates and client satisfaction in the financial sector.

Spenfi

Pre Seed Round in 2019
Spenfi is a developer of an expense management platform that simplifies the tracking of company expenses by integrating payment cards, subscriptions, and invoices in an organized manner. Founded in 2019 and based in Vilnius, Lithuania, Spenfi provides finance teams with enhanced control over expenditures by tracking purchases from order to payment and allowing the definition of custom budgets for teams or projects. The platform also collects data, receipts, and invoices while enabling the approval of budgets and purchases. Additionally, Spenfi issues both virtual and physical payment cards, facilitating a streamlined process that saves time on repetitive tasks and enhances insights into business expenses.

GoRamp

Pre Seed Round in 2019
GoRamp is a cloud-based transportation management software company founded in 2016 and based in Vilnius, Lithuania. It provides a comprehensive platform for shippers to manage freight logistics efficiently. The software offers real-time shipment planning, communication with carriers and stakeholders, and tools for dock scheduling, warehouse, and yard management. It simplifies various logistics processes, including tendering, document scanning, and virtual communication, all under a unified cloud service. By delivering real-time access to transportation orders, GoRamp enables clients to streamline their supply chain management and improve operational efficiency.

Manu

Pre Seed Round in 2019
MANU is a behavioral analytics company established in 2019 and based in Vilnius, Lithuania. The company specializes in developing software that analyzes online form interactions to create user profiles, thereby assisting financial institutions in client onboarding and credit scoring. By offering high granularity data collected from these interactions, MANU enables companies to pre-screen potential users, reducing costs and risks associated with lending. Its technology helps identify unreliable borrowers during the loan application process, allowing consumer lending companies to make informed business decisions and improve user experience. Through its innovative solutions, MANU aims to enhance conversion rates and client satisfaction in the financial sector.

Manu

Pre Seed Round in 2019
MANU is a behavioral analytics company established in 2019 and based in Vilnius, Lithuania. The company specializes in developing software that analyzes online form interactions to create user profiles, thereby assisting financial institutions in client onboarding and credit scoring. By offering high granularity data collected from these interactions, MANU enables companies to pre-screen potential users, reducing costs and risks associated with lending. Its technology helps identify unreliable borrowers during the loan application process, allowing consumer lending companies to make informed business decisions and improve user experience. Through its innovative solutions, MANU aims to enhance conversion rates and client satisfaction in the financial sector.

GoRamp

Seed Round in 2019
GoRamp is a cloud-based transportation management software company founded in 2016 and based in Vilnius, Lithuania. It provides a comprehensive platform for shippers to manage freight logistics efficiently. The software offers real-time shipment planning, communication with carriers and stakeholders, and tools for dock scheduling, warehouse, and yard management. It simplifies various logistics processes, including tendering, document scanning, and virtual communication, all under a unified cloud service. By delivering real-time access to transportation orders, GoRamp enables clients to streamline their supply chain management and improve operational efficiency.

Razzby

Pre Seed Round in 2018
Razzby is a software company based in Vilnius, Lithuania, specializing in a software as a service (SaaS) platform for event management. The platform offers a range of tools designed to streamline the event hosting process, allowing organizers to automate customer-facing tasks such as creating marketing websites, selling tickets, sending invitations, and managing audiences. Additionally, Razzby's services include modern design options, fully translatable content, and search engine optimization, all tailored to enhance engagement and increase ticket sales. By simplifying essential processes, Razzby aims to support event organizers in efficiently managing their events.
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