Underline Ventures

Founded in 2022 and based in Bucharest, Romania, Underline Ventures is a venture capital investment firm that focuses on partnering with Eastern European founders to support the development of high-growth startups with global aspirations. The firm specializes in seed-stage investments, typically providing an average check size of €500,000, and collaborates with other investors to enhance funding opportunities. Underline Ventures targets a diverse range of sectors, including information technology, artificial intelligence, enterprise automation, cybersecurity, industrial technology, defense, and climate-related initiatives. By focusing on the early stages of company growth, Underline Ventures aims to identify and nurture innovative startups that can achieve significant market impact.

Mihai Faur

Venture Partner

Bogdan Iordache

General Partner

Milana Slobtcova

Principal

Past deals in Romania

Dataworks Research SRL

Seed Round in 2023
Dataworks Research SRL, operating under the name Veridion, is a Bucharest-based company that specializes in developing software-as-a-service (SaaS) solutions for B2B sales lead generation. Founded in 2018, it provides tools that assist B2B companies in identifying leads that align with their ideal customer profiles, offering detailed contact information for outreach initiatives. The company's software delivers insights on various factors, including customer location, product categories, company size, job titles, and technology usage. Serving a diverse clientele, Dataworks Research caters to small and medium-sized SaaS firms, sales development agencies, and digital marketing entities such as SEO and web development agencies, as well as media and social media organizations. With a focus on accuracy and classification, the company leverages AI and Machine Learning to enhance its data offerings, ensuring reliability and real-time updates.
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