Eleven Ventures
Venture capitalSofia · Pre-Seed–Seed · 10 people tracked
Not to be confused with Eleven Ventures (Venture capital · Palo Alto, US)
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Investment thesis
Eleven Ventures focuses on backing bold founders from Europe, offering more than just capital. Active since 2012, the firm emphasizes building meaningful companies from a region it strongly believes in, drawing on lessons learned from working with hundreds of founders.
Source: firm website, verified Sep 27, 2026.
Team · 10 people
from public directoriesFounder mafia
3 people who came through Eleven Ventures went on to found or lead other companies.
What they invest in
from 36 of 74 portfolio companiesSaaS ×20AI & Machine Learning ×13Enterprise Software ×7Fintech ×7Future of Work ×6HR Tech ×5Consumer ×4Digital Health ×4
HQs:Bulgaria×10United States×4Greece×2Czechia×1Germany×1Estonia×1
Who they back
founder profiles across 20 portfolio companiesFounding team size:solo founder×82 founders×83 founders×14+ founders×3
Where their founders studiedfrom 26 founders with education data
Sofia University St. Kliment Ohridski ×8New Bulgarian University ×3Istanbul University ×2Stanford University ×2Technical University of Sofia ×2The University of Sheffield ×2University of California, Santa Cruz ×2University of National and World Economy ×2
What their founders studiedfrom 27 founders with field-of-study data
Computer Science ×12Business & Management ×10Engineering ×6Design & Architecture ×3Economics ×3Humanities ×2Mathematics & Statistics ×2
Where their founders worked beforefrom 28 founders with career history
Microsoft ×4Gheorghe Asachi Technical University of Iași ×2Telerik ×2
4 founders hold a PhD · 7 hold an MBA (of 28 with degree data)
Investments · 74 tracked
founders shown can be your intro pathBy year:2025 · 22024 · 22023 · 32022 · 22019 · 110 dated
BibeCoffee provides real-time data, automation, and predictive analytics for coffee operations, connecting coffee machines to help businesses monitor and manage them at scale.
FoodTechIoTSaaSMaroúsi, GR
Panos Vrettos(Founder)inVasilis Apostolopoulos(Founder)in
Co-investorsUni.FundVentureFriends
Bitloops provides infrastructure tools for AI-native software development, enabling engineering teams to build, govern, and improve AI-powered applications reliably.
AI & Machine LearningCloud ComputingData & InfrastructureDeveloper Tools
Sergio Pereira(Founder)inVasilis Danias(Founder)in
Co-investorsCorallia VenturesEleven Bulgaria AD
Blue Longevity provides advanced diagnostics and evidence-based therapies, combining scientific research with personalized care to create individualized longevity plans for people focused on their long-term health.
Digital HealthLongevityWellness & Fitness
Boleron is an online platform for comparing, buying, and managing insurance policies, including car insurance, travel, property, life, health, and business coverage.
ConsumerFintechInsurTechSofia, BG
Desislava Tsvetkova(Founder)inAlexander Tsvetkov(Founder)
Co-investorsImpetus CapitalNew Vision 3
Businessmap offers a software platform for work management that combines Kanban boards, OKR tracking, portfolio workspaces, value stream mapping, and project and capacity planning to connect strategy with execution.
Enterprise SoftwareFuture of WorkSaaS
Cognitiwe is an industrial computer vision company that builds a predictive Vision AI platform converting video and images into data to improve operational efficiency, safety, and sustainability.
Advanced ManufacturingAI & Machine LearningRetail TechTallinn, EE
Attila Algan(Founder)inMete Bayrakin
Co-investorsDOMiNO VenturesKickstart InnovationMetis VenturesTechOne Venture CapitalFlat6Labs
Smart Soft Healthcare develops AI-powered medical imaging solutions for analyzing and reporting spine MRI examinations.
AI & Machine LearningDigital HealthHealthtechMedical Devices
Nedelcho Georgiev(CEO & Cofounder)Asen Asenov(CTO, Cofounder)in
Co-investorsBrightCap Investment Advisor AD
Cupffee makes edible, crunchy cookie cups designed as a sustainable alternative to disposable coffee cups, sold to consumers and businesses.
Circular EconomyConsumerFoodTech
Miroslav Zapryanov(Founder)in
Dronamics develops autonomous aircraft for cargo transport.
Deep TechDefense TechHardwareLogistics & Supply ChainRobotics
Svilen Rangelov(Founder)Konstantin Rangelov(Founder)
Co-investorsFounders FactoryFounders Factory NYSpeedinvestEleven Bulgaria AD
Econic One makes smart, connected e-bikes that pair with a smartphone app for locating, locking/unlocking, anti-theft alarms, and sharing.
ConsumerIoTMobility & Transportation
Co-investorsVitosha Venture Partners
Enhancv is an AI-powered resume builder that helps job seekers create ATS-friendly resumes, cover letters, and tailored applications, with tools for resume checking, job tracking, and interview preparation.
AI & Machine LearningHR TechSaaSSofia, BG
Volen Vulkov(Founder)in
Co-investorsEleven Bulgaria AD
Flow.life designs online communities to facilitate connections among individuals, their local neighbors, and the natural environment.
Social
Adam Neumann(Founder)Aparna Dhinakaran(Founder)inDieter Shirley(Founder)Eswar Dhinakaran(Founder)inMikhael Naayem(Founder)Parikshat Singh(Founder)
Co-investorsAndreessen Horowitza16z cryptoAmerican Express Ventures (Amex)BAM VenturesCeras VenturesDeep Science Ventures+10 more
Frisbo operates a European e-commerce order fulfillment network that lets online brands and retailers store inventory across multiple fulfillment centers, sync orders across sales channels, and access local courier services for cross-border, next-day delivery.
E-commerceLogistics & Supply ChainSaaS
Bogdan Colceriu(Founder)in
Healee provides a virtual care platform that helps healthcare organizations and providers deliver telehealth and manage patient interactions.
AI & Machine LearningDigital HealthHealthtechSaaSChicago, US
Josif Dishliev(Co-founder & CEO)inHristo Kosev(Co-founder & CTO)inPlamen Petrov(Executive Officer, Director)inIrina Simeonova(Executive Officer)in
Co-investorsCalm/Storm VCKAYAMudita VentureNina Capital
LAM'ON is a manufacturing company that produces certified bio-based, compostable laminating films and packaging materials as alternatives to petroleum-based plastics for the print and packaging industries.
Advanced ManufacturingCircular EconomyCleantechNew MaterialsSofia, BG
Angela Ivanova(Co-founder & CEO)inGergana Stancheva(Co-founder & COO)inPhilip Ublekov(Co-founder & CTO)in
LangAware develops AI-driven diagnostic tools for the early detection of cognitive and mental health disorders, integrating into healthcare systems to provide clinicians with insights for personalized treatment.
AI & Machine LearningCloud ComputingDigital HealthHealthtechMental Health
Vassiliki Rentoumi(Founder & CEO)in
Co-investorsMetavallon VC
mBrainTrain develops portable, head-worn wireless EEG systems designed for brain research in labs, outdoor environments, and even aboard the International Space Station.
Deep TechHardwareHealthtech
Bogdan Mijovic(Founder)in
MClimate builds LoRaWAN-based IoT devices and a buildings management platform (MClimate Enterprise) for monitoring, controlling and automating heating, cooling, energy use, air quality and water systems in buildings.
EnergyIoTPropTechSofia, BG
Blagovest Dimitrov(Founder)inLyubomir Yanchev(Founder)in
Co-investorsKickstart Innovation
Mentessa offers an AI-powered, skills-based platform for organizations to run mentoring, peer learning, talent-matching, and diversity and inclusion programs.
AI & Machine LearningEdTechFuture of WorkHR TechSaaS
Dr. Tina Ruseva(Founder)inTina Ruseva
Co-investorsKickstart Innovation
Metrilo provides ecommerce analytics, CRM, and email marketing tools aimed at improving customer retention and growth.
E-commerceMarketing TechSaaS
Co-investorsLAUNCHub Ventures
Moveo.AI develops generative AI agents powered by proprietary large language models that automate customer service and business processes for enterprises.
AI & Machine LearningEnterprise SoftwareSaaSNew York, US
Panos Karagiannis(Founder)inGeorge Karagiannis(Founder)inGerman Attanasio Ruiz(CTO)inThanos Papadimitriou(President)in
Co-investorsEleven Bulgaria AD
A platform offering team sportswear and apparel for athletic clubs, associations, and academies, partnering with GSA (a leading European sportswear brand) to provide branded merchandise with discounted pricing and flexible payment options.
FintechSaaSSports TechAthens, GR
Co-investorsGenesis Ventures
Native Teams provides a unified platform for managing global workforce payments, including payroll, contractor payouts, digital wallets, and employment administration.
Enterprise SoftwareFintechFuture of WorkHR TechSaaS
Aleksandra Mitrevska(Founder)Jack Thorogood(Founder)Nikola Bubevski(Founder)
Co-investorsBegin CapitalHaatchEleven Bulgaria AD
Nestor provides HR teams and managers with software to catalog, evaluate, and assign employees based on their skills, using AI to match workers to internal roles, projects, and upskilling opportunities aligned with business needs.
Enterprise SoftwareHR TechSaaSSan Francisco, US
Bogdan Apostol(CEO)inRaluca Apostol(CPO)inAdrian Pironescu(CTO)
Co-investorsUnderline VenturesY Combinator
Co-investorsLAUNCHub Ventures
NitroPack provides a WordPress performance optimization platform that helps website owners improve page load speeds and pass Core Web Vitals metrics.
Cloud ComputingDeveloper ToolsSaaS
Co-investorsEleven Bulgaria AD
Outfindo is an AI company offering guided selling and product data enrichment tools for online retailers, matching products to customer questions to help shoppers select the right items.
AI & Machine LearningE-commerceRetail TechPrague, CZ
Jan Matějů(Founder)in
Co-investorsPateroPresto VenturesEleven Bulgaria ADLighthouseLighthouse Ventures
Payhawk is a corporate spend management platform that combines company cards, expense management, accounts payable, budgets, travel, reimbursements, subscriptions, and procurement with AI-based receipt extraction and reconciliation.
Enterprise SoftwareFintechSaaS
Hristo Borisov(Founder)inBoyko Karadzhov(Founder)inKonstantin Dzhengozov(Founder)inKonstantin Djengozov(Founder)
Co-investorsHubSpot VenturesLightspeed Venture PartnersQED InvestorsSprints CapitalEarlybird Venture CapitalEleven Bulgaria AD+1 more
PlanDelta builds an enterprise-grade financial consolidation and FP&A (financial planning and analysis) software platform that automates reporting and delivers real-time financial insights.
AI & Machine LearningEnterprise SoftwareFintechSaaS
Co-investorsRTP Global
Pluria offers an app that lets companies book workspaces—coworking spaces, meeting rooms, private offices, work cafés, and event spaces—across a network of 1,000+ locations plus their own offices, with tools to coordinate team days and analytics on space usage and team engagement.
Future of WorkPropTechSaaSDover, US
Gabriela Draghia(Founder)in
Co-investorsSparking Capital
WorkBoard provides a software platform for enterprise teams to define, align, and track strategic priorities and OKRs (objectives and key results).
AI & Machine LearningEnterprise SoftwareFintechFuture of WorkHR TechSaaSSofia, BG
Deidre Paknad(CEO)Daryoush Paknad(Co-founder)inIvan Osmak(Founder)Jordan Angelov(Founder)Martin Kirov(Founder)Radoslav Georgiev(Founder)
Co-investorsIndex VenturesLAUNCHub VenturesScaleX VenturesTechstarsVisionaries ClubInsight Partners+2 more
Sensika is a media monitoring and analytics platform that uses AI and NLP to capture, analyze, and visualize mentions and conversations about brands across the media landscape.
AI & Machine LearningData & InfrastructureMarketing TechMedia & EntertainmentSaaSSofia, BG
Konstantin Christoff(Co-founder, CEO & Managing Partner)inVassil Velichkov(Co-founder, CTO & Managing Partner)inNenko Ivanov(Co-founder, CSA & Managing Partner)inAleksandar Kanchev(Co-founder, CDIO & Managing Partner)in
Smartocto provides editorial analytics software with AI-driven features that helps newsrooms and media organisations turn data into content decisions.
AI & Machine LearningData & InfrastructureMarketing TechMedia & EntertainmentSaaS
Co-investorsNEVEQ Capital Partners Ltd.North Base MediaSouth Central Ventures
SuperOkay provides a white-label, customizable client portal that lets creative agencies and freelancers exchange files, assign tasks, get approvals, and sell packaged services in one centralized platform.
Creator EconomyFuture of WorkSaaS
TaxiMe is a taxi-hailing mobile app that connects riders with drivers in Sofia, Bulgaria, and also serves as a platform for drivers to earn income as partners.
MarketplacesMobility & TransportationSofia, BG
Woli provides a digital banking platform and prepaid card for children and teenagers, offering mobile payments and financial literacy tools.
ConsumerEdTechFintech
VasilisFilipposFilippos Antonopoulos(Founder)Vasilis Zoupas(Founder)
Co-investorsGenesis Ventures
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
AhaPlayAlmacenaAngel BabyAppzioArteryAYOBIOPIX-TBoleronBread and SoulBusinessSoftCloud OfficeCoursedotEillaFlaminjoyGameraGymRealmHavelockiGreetMagfiMaistorPlusMetaSimnFuseNoble HireNOLDOndoPaketPerfeqtPlayground EnergyPollenityRushStrawberry EnergyTrue InsightsVivian LabWoli
Portfolio news
latest coverage across their companiesPluria · trysignalbase.com · May 19, 2026
Enhancv · pulse2.com · Mar 3, 2026
Payhawk · pymnts.com · Jan 7, 2026
Econic One · leadsontrees.com · Apr 22, 2025
Frequently asked questions
- How many investments has Eleven Ventures made?
- Eleven Ventures has 74 tracked investments, 1 of which have exited, including 2 dated in the last 24 months.
- What stage does Eleven Ventures invest at?
- Eleven Ventures invests at the Pre-Seed, Seed stages.
- What is Eleven Ventures's typical check size?
- Eleven Ventures typically writes checks of $270K – $1.6M.
- What sectors does Eleven Ventures focus on?
- Eleven Ventures focuses on Climate Tech, E-commerce, Fintech, Future of Work, Healthtech, Longevity.
- Where is Eleven Ventures located?
- Eleven Ventures is headquartered in Sofia, BG.
- Does Eleven Ventures lead rounds?
- Yes, Eleven Ventures leads investment rounds.
- Who does Eleven Ventures co-invest with?
- Eleven Ventures most often shares deals with Kickstart Innovation, LAUNCHub Ventures, Index Ventures, among 36 tracked co-investors.
Media · Podcasts & interviews
featuring the teamOpening Keynote by Svetozar Georgiev, Eleven Ventures (PMF.AI)
Eleven Ventures · Svetozar Georgiev
Valeri Petrov, Eleven Ventures: „Aș vrea fondatori mai deschiși la coaching”
start-up Business · Valeri Petrov
Fintech Summer Meetup 2020 | 30th July 2020 | Mr Daniel Tomov, Founding Partner at Eleven Ventures
Crowdpolicy | Greece · Daniel Tomov
Среща с инвеститори - Илевън Кепитъл (03.06.2026)
Eleven Ventures
Среща с инвеститори - Илевън Кепитъл (25.02.2026)
Eleven Ventures
Lars Rasmussen - Lessons from Building Google Maps (Eleven Ventures Founders Weekend 2025)
Eleven Ventures
Images
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