Startup Wise Guys

Startup Wise Guys, founded in 2012 and based in Tallinn, Estonia, is a prominent early-stage investor and accelerator in the Central and Eastern European (CEE) region and the Nordics. The organization has accelerated over 165 startups, primarily in B2B SaaS, fintech, and cybersecurity, achieving a startup survival and success rate exceeding 77%. Its intensive three-month accelerator program focuses on product validation, development, and sales to business customers, supported by a network of over 200 international and local mentors. The program culminates in Demo Days and major tech events where startups present their ventures to potential investors. Additionally, participants gain access to an alumni community of more than 145 startups across 40 countries and exclusive alumni events centered on business development and fundraising. Startup Wise Guys also manages dedicated funds targeting various sectors, including an Africa Fund that invests in fintech, health tech, and digital SaaS, among others.

Alexandra Balkova

Partner, Head of Portfolio

Gunce Onur

Venture Partner Turkey

Attila Hudecz

Managing Director, Sustainability

Franziska Kolk

General Partner, Africa

Andrea T. Orlando

Partner

Günce Önür

General Partner, Challenger II

Past deals in SME

S.Lab

Grant in 2022
S.Lab is a manufacturer of biodegradable packaging and decorations made of hemp and mycelium.

Dillali

Pre Seed Round in 2021
Dillali is a comprehensive income and expenditure management tool tailored for micro and small businesses in Africa. It facilitates the transition from paper-based financial record-keeping to a streamlined digital platform, allowing users to manage their financial data in one location. The application enables businesses to handle electronic invoices, track expenses, monitor income, and oversee inventory management efficiently. Accessible on both mobile and desktop devices, Dillali empowers small and medium enterprises to simplify their financial processes, enhancing overall operational efficiency.

Simporter

Seed Round in 2021
Simporter, Inc. is an artificial intelligence software company based in Atlanta, Georgia, founded in 2018. The company specializes in predicting sales and demand for products prior to their market entry, achieving up to 93% accuracy. Simporter's platform utilizes predictive modeling and machine learning, analyzing historical sales data, social media sentiment, customer reviews, and various micro-variables. This comprehensive analysis enables retailers and manufacturers to tailor their marketing strategies, enhance product launches, and effectively manage inventory to prevent stock-outs and overstocks. By leveraging Simporter's insights, companies can improve their revenue by an average of 12%, track competitor performance, and focus on the most promising products to optimize cash flow.

Dillali

Pre Seed Round in 2020
Dillali is a comprehensive income and expenditure management tool tailored for micro and small businesses in Africa. It facilitates the transition from paper-based financial record-keeping to a streamlined digital platform, allowing users to manage their financial data in one location. The application enables businesses to handle electronic invoices, track expenses, monitor income, and oversee inventory management efficiently. Accessible on both mobile and desktop devices, Dillali empowers small and medium enterprises to simplify their financial processes, enhancing overall operational efficiency.

Monevio Consulting

Seed Round in 2020
Monevio Consulting is a fintech company that provides all financial services. It enables brands to deliver embedded finance and better fintech products faster. Electronic Money Institution consulting services are Market review, Business Plan/ Go-to-Market strategy, Financial plan preparation​, IT part documentation preparation, and Human recourse Management. Bank Account Opening, Compliance, and White Labels are other banking services.

IPOhub

Seed Round in 2020
Connecting Investors and SME Growth companies across Europe. IPOhub is a new pan European investment platform that is set to challenge the current processes of investing in share issues and IPOs. We built IPOhub because we believe supporting the economy through investment should be an option for everyone. It should be fair and simple, no matter what part of the world you live.

Spenfi

Pre Seed Round in 2020
Spenfi, developed by UAB Haslle, specializes in spending and expense management software solutions designed for business-to-business applications. Established in 2019 and headquartered in Vilnius, Lithuania, the company offers a comprehensive platform that integrates various financial processes, including business travel expenses, administrative expenditures, subscription management, and invoice processing. Spenfi aims to enhance financial control for organizations by enabling finance teams to track purchases from order to payment, manage vendor payments, and automate expense reporting. The software also supports onboarding, purchase approvals, and provides real-time analysis, thereby streamlining operations and reducing the time spent on repetitive tasks. With its capabilities, Spenfi helps companies define custom budgets and efficiently manage payments, ensuring a more organized approach to financial management.

Meazy

Pre Seed Round in 2020
Meazy is a company based in Vilnius, Lithuania, that specializes in developing an automated remarketing platform for e-commerce businesses. Founded in 2018, the platform focuses on creating effective retargeting strategies that engage potential customers through personalized, visually appealing advertisements. By connecting their online stores to Meazy's platform and selecting a recommended strategy, e-commerce companies can benefit from automated ad generation that targets users at optimal times and locations. This approach aims to enhance brand visibility and drive increased revenue for internet retailers.

Spenfi

Pre Seed Round in 2019
Spenfi, developed by UAB Haslle, specializes in spending and expense management software solutions designed for business-to-business applications. Established in 2019 and headquartered in Vilnius, Lithuania, the company offers a comprehensive platform that integrates various financial processes, including business travel expenses, administrative expenditures, subscription management, and invoice processing. Spenfi aims to enhance financial control for organizations by enabling finance teams to track purchases from order to payment, manage vendor payments, and automate expense reporting. The software also supports onboarding, purchase approvals, and provides real-time analysis, thereby streamlining operations and reducing the time spent on repetitive tasks. With its capabilities, Spenfi helps companies define custom budgets and efficiently manage payments, ensuring a more organized approach to financial management.

Meazy

Pre Seed Round in 2019
Meazy is a company based in Vilnius, Lithuania, that specializes in developing an automated remarketing platform for e-commerce businesses. Founded in 2018, the platform focuses on creating effective retargeting strategies that engage potential customers through personalized, visually appealing advertisements. By connecting their online stores to Meazy's platform and selecting a recommended strategy, e-commerce companies can benefit from automated ad generation that targets users at optimal times and locations. This approach aims to enhance brand visibility and drive increased revenue for internet retailers.

Simporter

Pre Seed Round in 2018
Simporter, Inc. is an artificial intelligence software company based in Atlanta, Georgia, founded in 2018. The company specializes in predicting sales and demand for products prior to their market entry, achieving up to 93% accuracy. Simporter's platform utilizes predictive modeling and machine learning, analyzing historical sales data, social media sentiment, customer reviews, and various micro-variables. This comprehensive analysis enables retailers and manufacturers to tailor their marketing strategies, enhance product launches, and effectively manage inventory to prevent stock-outs and overstocks. By leveraging Simporter's insights, companies can improve their revenue by an average of 12%, track competitor performance, and focus on the most promising products to optimize cash flow.

Trisbee

Pre Seed Round in 2018
Trisbee s.r.o. is a Prague-based company that develops a mobile payment application aimed at individuals and businesses. Founded in 2016, the application enables users to make cashless payments to registered traders and send money to friends, simplifying transactions without the need for paperwork or complex contracts. Trisbee also offers Trisbee Business, a solution for businesses to accept card payments for goods and services, facilitating a seamless payment process. The platform supports payments via phone numbers, allowing small businesses and freelancers to operate efficiently with minimal hardware requirements.

MRPeasy

Pre Seed Round in 2015
MRPeasy Ltd. is a software company based in Tallinn, Estonia, that specializes in developing cloud-based ERP/MRP solutions specifically tailored for small and medium-sized manufacturers. Founded in 2014, the company's software integrates various functionalities, including stock management, supply chain management, production planning and control, and customer relationship management. Additionally, it provides extensive managerial statistics and features that allow users to manage product parameters and track serial numbers for raw materials, subassemblies, and finished goods. By leveraging artificial intelligence, MRPeasy aims to help small manufacturers streamline their operations, reduce costs, and enhance revenue without requiring any prior investment.

Reduce My Invoice

Pre Seed Round in 2015
Reduce My Invoice, a innovative UK company that helps schools make considerable savings on supplies and services by teaming up with businesses, therefore freeing up money for other programmes within the school.

SiftyNet

Pre Seed Round in 2013
SiftyNet is a company based in the Czech Republic that specializes in online news monitoring and information analysis for small and medium-sized enterprises (SMEs). It offers a fully automated lead generation tool that enables businesses to access high-potential foreign markets. By monitoring a variety of reliable information sources, including news outlets, company websites, governmental portals, and e-procurement platforms, SiftyNet delivers targeted and qualified leads to its clients. The platform enhances sales effectiveness by providing not only leads but also essential background checks, contact information, and other relevant data to help businesses discover foreign opportunities.
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