Trind Ventures

Trind Ventures is a venture capital firm based in Tallinn, Estonia, founded in 1999. The firm specializes in early-stage investments across Northern and Central Europe, focusing on sectors such as business-to-business, business-to-consumer, marketplaces, and information and communication technology. Trind Ventures provides seed capital starting from €100,000 and follows up with additional investments of up to €3 million per company. The firm's investment strategy includes targeting consumer products and services as well as business solutions, emphasizing sustainable growth and innovation in its portfolio companies.

Joel Aasmae

Managing Partner

Kimmo Irpola

Partner

Peeter Kompus

Principal

Reima Linnanvirta

Partner

44 past transactions

SparkReceipt

Venture Round in 2025
AI Pre-Accounting, Expense & Income Tracker for Small Business Owners, Entrepreneurs, and Freelancers.

Bahn Express

Pre Seed Round in 2025
Bahn Express is a global car transportation company that supports independent contractors while offering quick and easy auto shipping throughout Europe.

Jobilla

Venture Round in 2024
Jobilla is a digital recruitment platform that assists employers in branding and hiring candidates effectively. The platform leverages artificial intelligence and data-driven insights to enhance recruitment efforts, allowing companies to identify and engage potential candidates who may not be actively seeking new employment. By implementing targeted recruitment campaigns, Jobilla helps businesses access a wider talent pool and connect with individuals best suited to their job openings. This innovative approach facilitates a more efficient hiring process, aligning companies with qualified job seekers based on their specific needs and qualifications.

InGain

Venture Round in 2024
InGain is a no-code SaaS platform designed to streamline loan management for lenders and organizations across various industries. The company provides a customizable lending solution that automates the entire lending lifecycle, allowing lenders, fintech firms, and banks to enhance their operational efficiency. InGain's platform features a user-friendly interface that supports real-time business intelligence data and offers extensive system customization without the risks of vendor lock-in or business continuity issues. This enables financial services companies to swiftly launch new products and adapt their lending rules, facilitating market testing and product development.

Groover

Series A in 2024
Groover is a comprehensive music promotion platform designed for independent artists, serving a community of 200,000 users across more than 186 countries. The platform allows artists to easily and directly submit their music to a network of media outlets, radio stations, playlists, and labels. Through this service, musicians can receive quality feedback and concrete sharing proposals from a vetted community of 3,000 music curators and professionals. With over two million pieces of feedback provided on submitted tracks, Groover aims to enhance the promotion and discovery of music for independent artists, ensuring they gain honest insights and increased visibility based on their performances.

Scorestars

Seed Round in 2024
Scorestars is a sports fan's club, where lovers of sports can collect, trade, and play with officially licensed digital collectibles ranging from player cards to video moments. Based on the collectibles you already own, you can play the game during live matches or challenge others to not just get bragging rights but also win exciting goodies. Scorestars targets the expansive global sports fan engagement market. This market encompasses millions of sports enthusiasts who seek immersive and interactive ways to connect with their favorite sports. The size of this market is vast, with the potential to grow significantly due to increasing digital adoption and sports fandom worldwide.

Fractory

Venture Round in 2023
Fractory Ltd is a company that operates an online platform for sheet metal fabrication, allowing users to upload CAD files and connect with partner service providers based on availability, location, and capabilities. Founded in 2019 and based in Manchester, United Kingdom, Fractory offers a range of services including laser cutting, plasma cutting, sheet metal fabrication, tube laser cutting, oxy cutting, waterjet cutting, metal bending, and surface treatment. The platform serves engineering companies in the United States, the United Kingdom, and Nordic Europe, facilitating on-demand manufacturing and enabling quick access to custom laser-cut parts, regardless of batch size. Fractory aims to streamline the manufacturing process and promote sustainability within the industry.

Your.Rentals

Seed Round in 2023
Your.Rentals offers a management and sales platform tailored for owners and managers of short-term rental accommodations. The service is free to use, with a pay-per-booking model, and facilitates the distribution of listings across various online travel agency (OTA) channels, including Airbnb, Booking.com, Expedia, and VRBO. The platform consolidates essential functions such as marketing, bookings, guest communication, operations, and payments, allowing hosts and small business agencies to streamline their rental management processes. Additionally, Your.Rentals provides features that support the growth of direct bookings, helping users enhance their revenue potential while simplifying the management of their rental properties.

Boksi

Series A in 2023
Boksi operates a digital advertising platform that transforms how companies acquire content by connecting them with micro-influencers. By analyzing social media posts and mapping the behavior and preferences of followers, Boksi enables businesses to engage authentically with their target audiences. The platform offers a more genuine alternative to traditional stock photos, featuring companies' own products in the content, while also providing significant cost savings—over 70% compared to conventional photo shoots and media agencies. This innovative approach allows companies to gain better engagement through tailored influencer partnerships and authentic content creation.

Mjuk

Seed Round in 2023
Mjuk operates an online marketplace that facilitates the buying and selling of used furniture, aiming to streamline what can often be a complicated process. The company provides a curated selection of second-hand furniture and manages the entire transaction process for customers. This includes picking up the furniture, conducting quality checks, taking photographs, washing the items, marketing, and handling sales. By taking care of these various aspects, Mjuk enables customers to find affordable furniture while also simplifying the process of selling their unused items. The company's mission is to make transactions involving used furniture straightforward and secure, addressing common challenges like unpredictable payments and lengthy procedures.

RoyaltyRange

Venture Round in 2023
RoyaltyRange is a specialized provider of an intellectual property royalty rate database, focusing on royalty and licensing terms associated with agreements in Europe. The company offers a comprehensive data-as-a-service (DaaS) platform that serves professionals in international tax and intellectual property valuation. Its database includes detailed information on ownership structures, financials, and descriptive data about both publicly listed and private companies. Additionally, RoyaltyRange supplies critical insights into royalty rates, service fees, and loan interest rates derived from third-party agreements. This information is essential for tax authorities and international law firms, ensuring the accuracy and reliability of tax and valuation assessments conducted for multinational enterprises.

SACLÀB

Seed Round in 2023
SACLÀB operates an online marketplace that specializes in the acquisition and sale of pre-owned luxury handbags from renowned designers. The company provides a personal service to clients seeking to buy or sell bags, ensuring a curated selection of high-demand and waiting-list items. In addition to facilitating transactions, SACLÀB offers restoration services for bags showing signs of previous use and a customization option, allowing customers to transform select models into unique, one-of-a-kind pieces. Through these services, SACLÀB aims to make hard-to-find designer handbags accessible to its clientele while enhancing the overall value and appeal of each item.

Xceed

Venture Round in 2022
Xceed operates in the nightlife industry by offering a comprehensive cloud-based platform that caters to both consumers and businesses. It enables users to browse and join events while providing businesses with tools to manage and promote these events effectively. Unlike its competitors, Xceed integrates event browsing, ticketing, management, and real-time analytics into a single solution. This platform allows party-goers to discover upcoming events locally or while traveling, facilitating easy access to guest lists, ticket purchases, and bottle service reservations. Additionally, Xceed supports charitable initiatives by funding projects through its events, blending entertainment with social responsibility.

My Telescope

Pre Seed Round in 2022
My Telescope - Your virtual data analyst. Get insights on your brand, market, category and marketing effectiveness through Share of Search analytics. That’s why we built your own virtual data-analyst. We built My Telescope for you who loves being fact driven but hates collecting and working with data. You who wants the insights but don’t have the time for collecting, structuring and analysing it. Data is boring Insights are fun. We know that collecting data and spending countless hours in excel can actually be quite boring. That's why we created My Telescope - for you who wants to know the what and why of market trends, without the hassle. The problem we solve: How to measure the impact of brand building Our point of view: Marketing is about building brands. Do you know if you are succeeding? Most marketers don’t. Where some see search data and mentions we see brand interest - Share of Search. We convert massive amount of data into insightful market facts. Introducing the Share of Search analytical platform My Telescope

eAgronom

Series A in 2022
eAgronom is a company focused on transforming agriculture through its online farm management system, which aids farmers in planning, managing, and analyzing their agricultural activities. The platform supports over 1,500 paying farmers by guiding them toward carbon-capturing practices and ensuring transparency for carbon credit buyers. eAgronom addresses both farming and non-farming tasks, such as adhering to grant regulations, managing inventory, and providing real-time updates on task progress. This comprehensive approach enables farmers to operate sustainably and profitably, while also promoting ecological interests in response to challenges like climate change and soil degradation. The company's ambition is to become a leading provider of agricultural carbon credits in Europe, fostering a synergy between economic and environmental goals.

Jobilla

Venture Round in 2022
Jobilla is a digital recruitment platform that assists employers in branding and hiring candidates effectively. The platform leverages artificial intelligence and data-driven insights to enhance recruitment efforts, allowing companies to identify and engage potential candidates who may not be actively seeking new employment. By implementing targeted recruitment campaigns, Jobilla helps businesses access a wider talent pool and connect with individuals best suited to their job openings. This innovative approach facilitates a more efficient hiring process, aligning companies with qualified job seekers based on their specific needs and qualifications.

Ready Player Me

Series A in 2021
Wolf3D specializes in creating realistic 3D avatars and models for virtual reality (VR) and augmented reality (AR) applications, as well as for gaming. Founded in 2014 and headquartered in Tallinn, Estonia, with an office in Los Angeles, the company employs advanced 3D scanning technology to generate detailed avatars from smartphone captures. Their platform enables the 3D printing of human sculptures and the creation of anatomical models for surgical planning, thereby enhancing the capabilities of developers in integrating 3D content into games and VR environments. Wolf3D has also operated its scanning technology in various public venues, including airports and museums, expanding its reach across multiple industries.

Fractory

Series A in 2021
Fractory Ltd is a company that operates an online platform for sheet metal fabrication, allowing users to upload CAD files and connect with partner service providers based on availability, location, and capabilities. Founded in 2019 and based in Manchester, United Kingdom, Fractory offers a range of services including laser cutting, plasma cutting, sheet metal fabrication, tube laser cutting, oxy cutting, waterjet cutting, metal bending, and surface treatment. The platform serves engineering companies in the United States, the United Kingdom, and Nordic Europe, facilitating on-demand manufacturing and enabling quick access to custom laser-cut parts, regardless of batch size. Fractory aims to streamline the manufacturing process and promote sustainability within the industry.

Sonarworks

Venture Round in 2021
Sonarworks Ltd. is an audio technology company based in Riga, Latvia, founded in 2012. It specializes in software that calibrates sound across various headphones and speakers, enhancing audio experiences for both consumers and professionals. The company's key offerings include Reference 4, which is tailored for studio environments, and True-Fi, designed for everyday listeners. Sonarworks' SoundID technology customizes sound devices to align with individual hearing preferences, improving sound quality and eliminating noise shortcomings. This software is widely used in professional recording studios and is available online as well as through international dealers, bridging the gap between sound creators and listeners.

Jobilla

Debt Financing in 2021
Jobilla is a digital recruitment platform that assists employers in branding and hiring candidates effectively. The platform leverages artificial intelligence and data-driven insights to enhance recruitment efforts, allowing companies to identify and engage potential candidates who may not be actively seeking new employment. By implementing targeted recruitment campaigns, Jobilla helps businesses access a wider talent pool and connect with individuals best suited to their job openings. This innovative approach facilitates a more efficient hiring process, aligning companies with qualified job seekers based on their specific needs and qualifications.

Jobilla

Seed Round in 2021
Jobilla is a digital recruitment platform that assists employers in branding and hiring candidates effectively. The platform leverages artificial intelligence and data-driven insights to enhance recruitment efforts, allowing companies to identify and engage potential candidates who may not be actively seeking new employment. By implementing targeted recruitment campaigns, Jobilla helps businesses access a wider talent pool and connect with individuals best suited to their job openings. This innovative approach facilitates a more efficient hiring process, aligning companies with qualified job seekers based on their specific needs and qualifications.

Boksi

Venture Round in 2020
Boksi operates a digital advertising platform that transforms how companies acquire content by connecting them with micro-influencers. By analyzing social media posts and mapping the behavior and preferences of followers, Boksi enables businesses to engage authentically with their target audiences. The platform offers a more genuine alternative to traditional stock photos, featuring companies' own products in the content, while also providing significant cost savings—over 70% compared to conventional photo shoots and media agencies. This innovative approach allows companies to gain better engagement through tailored influencer partnerships and authentic content creation.

RangeForce

Series A in 2020
RangeForce is a software-as-a-service platform focused on enhancing cybersecurity readiness through interactive training and simulations. It provides a cloud-based environment that allows organizations to conduct realistic cyberattack simulations, enabling IT employees to develop and refine their defensive skills against emerging threats. By offering a sandbox setting for practicing responses to various cyber incidents, RangeForce equips businesses with the tools necessary to strengthen their cybersecurity posture and ensure their teams are prepared for real-world challenges.

Tandem

Series A in 2020
Tandem is the app that connects language learners around the globe. Ten million members are currently using the platform, which enables individuals to connect and learn new languages via text, audio, and video chat. More than 300 languages are currently available, including fictional and sign languages. Tandem was founded by Arnd Aschentrup, Tobias Dickmeis, and Dr. Matthias Kleimann. The company is backed by prominent European investors such as Brighteye Ventures, GPS Ventures, Hannover Beteiligungsfonds, Rubylight Limited, Trind Ventures and Atlantic Labs. Tandem is available for free on iOS, Android, and the Web. Find out more at www.tandem.net. Tandem was founded in 2015 by Arnd Aschentrup, Tobias Dickmeis, and Matthias Kleimann and was listed by Apple in their "App Store Best of 2015" and by Google in their "Play Store Best of 2017."

Ready Player Me

Seed Round in 2020
Wolf3D specializes in creating realistic 3D avatars and models for virtual reality (VR) and augmented reality (AR) applications, as well as for gaming. Founded in 2014 and headquartered in Tallinn, Estonia, with an office in Los Angeles, the company employs advanced 3D scanning technology to generate detailed avatars from smartphone captures. Their platform enables the 3D printing of human sculptures and the creation of anatomical models for surgical planning, thereby enhancing the capabilities of developers in integrating 3D content into games and VR environments. Wolf3D has also operated its scanning technology in various public venues, including airports and museums, expanding its reach across multiple industries.

Taimer

Pre Seed Round in 2020
Taimer is a developer of comprehensive business management software tailored for small and mid-size enterprises. Its platform integrates various functions, allowing users to manage sales, projects, finances, and customer relationships from a single interface. Key features include project management tools for efficient resource scheduling and task tracking, a customizable CRM to handle contacts and accounts, and a streamlined sales process that facilitates lead nurturing and deal closing. Additionally, the platform enhances collaboration through Kanban boards and project threads, while offering financial management capabilities such as invoicing and expense tracking. Taimer also provides business intelligence tools that deliver actionable insights on performance metrics, enabling informed decision-making. Overall, Taimer's solution aims to improve productivity, mobility, and cost-effectiveness for its clients.

Vumonic Datalabs

Convertible Note in 2020
Vumonic provides market tracking and competitive intelligence to the world's leading online sellers. Vumonic's core backend technology allows for highly precise and real-time market insights, which give strategic teams unfair advantages against their competition. Vumonic currently serve insights across nine different countries and three continents.

Logmore

Series A in 2020
Logmore specializes in providing cost-effective data loggers designed for logistics condition monitoring, particularly in the pharmaceutical and food industries. The company's services utilize Internet of Things (IoT) devices to monitor critical parameters such as temperature, humidity, and location, thereby helping businesses minimize waste and spoilage. Logmore's data loggers are integrated with the Logmore Cloud, allowing for efficient data collection and real-time access through a mobile application. Data upload is facilitated by scanning a QR code, making it compatible with any smart device equipped with a camera. With pricing beginning at 12€ per year for each data logger, Logmore aims to reduce data logging costs while ensuring the integrity of sensitive products during transportation.

Speakly

Seed Round in 2020
Speakly is a language learning tool that leverages advanced learning technology to facilitate convenient language acquisition. The platform employs scientific methods and computational algorithms tailored to each user's strengths, optimizing the memorization of relevant words and phrases. Speakly focuses on practicing real-life scenarios, enabling users to achieve fluency in multiple languages through interactive exercises on their phones or computers.

Showell

Seed Round in 2019
Showell is a sales enablement platform that facilitates the presentation, sharing, and tracking of various content types, including documents, videos, and images. It enables users to create interactive content and forms, which can be accessed on smart devices. The platform also provides online content management services that function without an internet connection, allowing clients to customize and visualize branding options for their presentations. With its intuitive design, Showell aims to enhance the efficiency of sales teams by streamlining the way they manage and deliver content.

Fractory

Seed Round in 2019
Fractory Ltd is a company that operates an online platform for sheet metal fabrication, allowing users to upload CAD files and connect with partner service providers based on availability, location, and capabilities. Founded in 2019 and based in Manchester, United Kingdom, Fractory offers a range of services including laser cutting, plasma cutting, sheet metal fabrication, tube laser cutting, oxy cutting, waterjet cutting, metal bending, and surface treatment. The platform serves engineering companies in the United States, the United Kingdom, and Nordic Europe, facilitating on-demand manufacturing and enabling quick access to custom laser-cut parts, regardless of batch size. Fractory aims to streamline the manufacturing process and promote sustainability within the industry.

Vumonic Datalabs

Seed Round in 2019
Vumonic provides market tracking and competitive intelligence to the world's leading online sellers. Vumonic's core backend technology allows for highly precise and real-time market insights, which give strategic teams unfair advantages against their competition. Vumonic currently serve insights across nine different countries and three continents.

RangeForce

Seed Round in 2019
RangeForce is a software-as-a-service platform focused on enhancing cybersecurity readiness through interactive training and simulations. It provides a cloud-based environment that allows organizations to conduct realistic cyberattack simulations, enabling IT employees to develop and refine their defensive skills against emerging threats. By offering a sandbox setting for practicing responses to various cyber incidents, RangeForce equips businesses with the tools necessary to strengthen their cybersecurity posture and ensure their teams are prepared for real-world challenges.

Boksi

Venture Round in 2019
Boksi operates a digital advertising platform that transforms how companies acquire content by connecting them with micro-influencers. By analyzing social media posts and mapping the behavior and preferences of followers, Boksi enables businesses to engage authentically with their target audiences. The platform offers a more genuine alternative to traditional stock photos, featuring companies' own products in the content, while also providing significant cost savings—over 70% compared to conventional photo shoots and media agencies. This innovative approach allows companies to gain better engagement through tailored influencer partnerships and authentic content creation.

Neural DSP Technologies

Seed Round in 2019
Neural DSP Technologies Oy, established in 2017 and headquartered in Helsinki, Finland, specializes in sound processing hardware and software for musicians. The company offers a range of products, including the Quad Cortex and various Archetype series plugins, which utilize advanced algorithms and machine learning to enhance sound quality. Neural DSP aims to democratize access to high-quality sound, allowing musicians to capture and share their desired audio experiences easily. Its proprietary technology, known as "Neural Capture," enables users to model and replicate the sound of physical amplifiers and effects, streamlining the process of sound creation for both live performances and studio recordings. By combining intuitive hardware with powerful software solutions, Neural DSP provides musicians with an efficient way to achieve professional-level audio without the extensive time and financial investment typically required.

eAgronom

Seed Round in 2018
eAgronom is a company focused on transforming agriculture through its online farm management system, which aids farmers in planning, managing, and analyzing their agricultural activities. The platform supports over 1,500 paying farmers by guiding them toward carbon-capturing practices and ensuring transparency for carbon credit buyers. eAgronom addresses both farming and non-farming tasks, such as adhering to grant regulations, managing inventory, and providing real-time updates on task progress. This comprehensive approach enables farmers to operate sustainably and profitably, while also promoting ecological interests in response to challenges like climate change and soil degradation. The company's ambition is to become a leading provider of agricultural carbon credits in Europe, fostering a synergy between economic and environmental goals.

Playmore Games

Venture Round in 2018
Playmore Games Oy, founded in 2014 and headquartered in Helsinki, Finland, specializes in the development and publishing of gaming software and tabletop games. The company is known for its flagship product, Dized, an interactive application that enhances the tabletop gaming experience by providing customizable tutorials and rules that players can access during gameplay. This platform allows users to tailor the gaming experience to their specific needs, accommodating different player counts and preferences. Playmore Games aims to fill a gap in the market for innovative board games that foster creativity and imagination, leveraging modern technology to enrich traditional gaming experiences.

Speakly

Seed Round in 2018
Speakly is a language learning tool that leverages advanced learning technology to facilitate convenient language acquisition. The platform employs scientific methods and computational algorithms tailored to each user's strengths, optimizing the memorization of relevant words and phrases. Speakly focuses on practicing real-life scenarios, enabling users to achieve fluency in multiple languages through interactive exercises on their phones or computers.
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