Fundraising Fox

Firstpick

Venture capital

Vilnius · Pre-Seed–Seed · 8 people tracked

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Investment thesis

Firstpick is an early-stage, first-check VC fund focused on backing founders from the Baltic region (Lithuania, Latvia, and Estonia), including Baltic founders headquartered elsewhere. It invests at inception and pre-seed as a generalist with a strong emphasis on AI-first software. Initial checks range from €100k to €500k depending on stage, with follow-on capacity up to €1M. The fund can lead rounds or co-invest. Beyond capital, portfolio companies gain lifetime access to a platform of 100+ experienced operators and a network of 250+ founders.

Source: firm website, verified Aug 3, 2026.

Stage
Pre-Seed–Seed
Check
$110K – $550K
HQ
Vilnius, LT
Leads rounds
Leads
Instruments
Equity
Founded
2022
Last 12 months
2 investments
Tracked investments
64

Team · 8 people

from the firm's website & public directories
Jokūbas Vaičiulis· Senior Associatein

What they invest in

from 48 of 64 portfolio companies

SaaS ×28AI & Machine Learning ×22Fintech ×9Consumer ×8Cybersecurity ×6Enterprise Software ×6E-commerce ×5EdTech ×5

HQs:Lithuania×10Estonia×4Bulgaria×1Spain×1United Kingdom×1Indonesia×1

Who they back

founder profiles across 20 portfolio companies
35%
solo founders
7 of 20 mapped founding teams

Founding team size:solo founder×72 founders×83 founders×24+ founders×3

Investments · 64 tracked

founders shown can be your intro path

By year:2026 · 12025 · 22024 · 25 dated

Micapassmicapass.comin𝕏✓ verified

micapass integrates KYC/AML compliance solutions for blockchain-based applications, including security exchanges, open banking, and privacy protocols.

Crypto & Web3CybersecurityFintech

Justas Rožėnas(CMO & Co-Founder)inTatiana Afonina(CTO)in

THEO Growththeogrowth.com✓ verified

THEO is a competitive brand positioning intelligence platform that delivers structured positioning briefs for brand strategists, covering competitor landscape mapping, positioning territories, visual identity analysis, and white space opportunities.

AI & Machine LearningMarketing TechSaaS

Guntis Coders(Strategy & Methodology)Martins Ermanis(Product & Operations)Vigo Krumins(Technology)

Co-investorsBADideas.fund

Ace Wavesacewaves.comin𝕏

Ace Waves provides AI-powered customer support agents that automate up to 80% of support operations, operating 24/7 with human-like intelligence across multiple channels while maintaining enterprise-grade security and compliance standards.

AI & Machine LearningEnterprise SoftwareSaaS

Antanas Baksys(Founder)in

Co-investorsDig Ventures Management LimitedFJ LabsInception Fund

Algorialgori.aiDec 2025

Algori operates a consumer panel platform that collects real-time, SKU-level shopper data from 45,000 shoppers in Spain to provide granular market insights for FMCG (fast-moving consumer goods) companies.

AI & Machine LearningData & InfrastructureRetail Tech

Co-investorsChange Ventures

Amlyzeamlyze.comin𝕏

AMLYZE offers an all-in-one AML/CFT compliance platform providing transaction monitoring, customer risk scoring, and sanctions screening for banks, credit unions, marketplaces, and virtual asset service providers.

CybersecurityFintechSaaS

Co-investorsPractica Capital

ANA

News assistant that digests daily news and reports what is relevant.

Aphoneafriendaphoneafriend.com

a Phone, a Friend co. is building an AI-powered smartphone concept designed to make phone use friendlier, including on-device features for memory recall, personalized content curation, productivity nurturing, and AI-generated audio.

AI & Machine LearningConsumerHardware

Vykintas Maknickas(Think-team: Product strategist)in

Backofficebackoffice.ltin

Backoffice is an all-in-one management platform for hospitality businesses such as restaurants, covering staff scheduling, time tracking, contracts and documents, training, supplier invoicing, POS integration and real-time labor cost tracking.

Enterprise SoftwareHR TechSaaS

Beesurebeesure.euin

Beesure provides an IT system that lets businesses integrate and onboard various insurance products for selling to their customers.

InsurTechSaaS

Birdybirdy.chat

BirdyChat is a work-focused messaging app for professional 1:1 chats, topic-based group chats, and communities, letting users reach contacts by email and message WhatsApp contacts while keeping work and personal conversations separate.

Future of WorkSaaSSocialSofia, BG

Rolands Mesters(Co-founder)Martins Spilners(Co-founder)

Co-investorsChange VenturesDig Ventures Management Limited

Br1Ckbr1ck.comin

Sort A Bricks offers an AI-powered service that sorts customers' mixed used LEGO® bricks, identifies which sets can be rebuilt, sources missing parts, and returns ready-to-build restored sets.

AI & Machine LearningCircular EconomyConsumer

Buck4Bugbuck4bug.comin

Buck4Bug is a bug bounty platform serving the Baltics that connects organizations with vetted ethical hackers to continuously test and secure their digital assets.

CybersecuritySaaS

Paulius(Founder & CEO)Povilas(Co-founder & CTO)

Callsycallsy.aiin𝕏

Callsy provides AI voice agents that make automated phone calls to recover abandoned checkout carts for D2C and e-commerce merchants.

AI & Machine LearningE-commerceMarketing TechSaaSSales TechTallinn, EE

ArunasinLaimonasArunas Vismantas(Founder)in

Co-investors500 Global

CBRXcbrx.aiin

CBRX is a consultancy that designs, tests and governs AI systems for European enterprises, ensuring compliance with EU regulations including GDPR, NIS2, DORA, the EU AI Act and ISO 42001.

AI & Machine LearningCybersecurityEnterprise Software

Kazimieras Sadauskas(Co-founder & CEO)inAudrius Miknevičius(Co-founder & CTO)in

Certificcertific.co

Tallinn, EE

Taavet Hinrikus(Co-founder)in

Co-investorsChange VenturesHeartfelt CapitalSpecialist VC

Chaseitchaseit.aiin

Debt collection solution optimizing recovery rates and legal compliance.

AI & Machine Learning

Co-investorsPractica Capital

Codicodi.gyin

Codigy is a collaboration tool for engineering teams that runs retrospectives, icebreakers, and mood checks while tracking team health metrics such as DORA, ownership, and architectural coupling.

AI & Machine LearningDeveloper ToolsSaaS

Codigy

Team portal for data aggregation, self-improvement, and work planning.

Commodycommody.comin

Commody offers fractional co-ownership of collectible cars, with each vehicle held through a dedicated legal entity and ownership formally recorded.

ConsumerFintechMarketplaces

Coplacopla.cominFeb 2024

Copla is a compliance and operational security platform that combines automated evidence collection with expert support to help companies certify against frameworks such as ISO 27001, DORA, NIS2, PCI DSS, MiCA, and SOC2.

CybersecurityEnterprise SoftwareSaaS

Co-investorsSpecialist VCSuperhero CapitalIron Wolf CapitalOperator Stack

Displaydisplay.dev𝕏

display.dev is a platform that publishes documents and artifacts (HTML or Markdown) created by AI agents to a permanent, private URL via CLI, MCP, or web upload, gated behind a company's Google or Microsoft SSO.

AI & Machine LearningDeveloper ToolsSaaS

Co-investorsOutlast Fund

Doohoodoohoo.lt

Marketplace of original pet treats for modern pet parents.

Evergrowthevergrowth.comin

Evergrowth offers an AI-driven go-to-market (GTM) workspace centered on an AI assistant called Eva that runs specialist agents to research, qualify, enrich accounts and draft personalized sales outreach.

AI & Machine LearningSaaSSales Tech

Co-investorsChange VenturesImpellent VenturesPractica Capital

Finfrafinfra.io

FINFRA provides embedded finance infrastructure and APIs that let non-financial technology companies offer credit products such as invoice financing, payroll financing, working capital loans, and point-of-sale lending to their customers.

Data & InfrastructureFintechSaaS

Co-investorsAccionBADideas.fundZ Venture CapitalCento VenturesHustle Fund

Furnisystemsfurnisystems.comin

FurniSystems provides a digital sales platform for the furniture industry, including a product configurator that calculates prices and dimensions, automatic commercial offer (PDF) generation, and an order management system.

Retail TechSaaSSales Tech

Gorampgoramp.comin

Goramp is a cloud-based yard management and dock scheduling platform for logistics and supply chain teams.

Logistics & Supply ChainSaaS

Co-investorsBHM GroupPresto Ventures

Greigrei.aiin

Grei offers an AI-based application that monitors, detects, and addresses workplace risks and inefficiencies, including fire safety and operational issues.

AI & Machine LearningEnterprise SoftwareSaaS

GREÏ

AI-powered security control that protects, detects, and optimizes.

Handwavehandwave.cominAug 2025

Handwave provides palm-based biometric payment technology for retailers, using palm geometry, vein patterns, and liveness detection to verify identity, process payments, handle age-restricted purchases, and integrate loyalty programs.

FintechHardwareRetail Tech

Co-investorsInovo VCOutlast FundPractica Capital

Handwavehandwave.euin

Handwave builds palm-based biometric payment technology for retailers, enabling identity verification, age checks, loyalty program enrollment, and payment through a single hand scan.

FintechHardwareRetail Tech

Holotryholo.aiin

Holo is an AI marketing platform that learns a brand from its website URL and generates ads, social media posts, and email campaigns matched to the brand's tone and audience.

AI & Machine LearningMarketing TechSaaS

Co-investorsLeonis CapitalImpact46Rua Growth Fund

Hoptedhopted.comin𝕏

Hopted offers an automated data movement platform for Google Sheets, syncing live data between work apps and spreadsheets through import automations and writebacks.

Data & InfrastructureDeveloper ToolsE-commerceFuture of WorkSaaS

Vlad(Co-founder)inAlex(Co-founder)in

Co-investorsBADideas.fund

InSoilinsoil.comin𝕏

InSoil provides mid-term debt capital and lending to agricultural SMEs across Europe, with a focus on sustainable agriculture financing.

AgTechClimate TechFintechVilnius, LT

Co-investorsPollen Street CapitalPractica Capital

Inspectle Foodinspectle.onlinein

Inspectle is a food safety inspection and task management platform that automates compliance documentation, non-conformity tracking, and report generation for food producers.

Enterprise SoftwareFoodTechSaaSTallinn, EE

Co-investorsChange VenturesTechstars

Jeffjeff.com
Kevinkevin.eu

kevin. is a Lithuanian fintech building API-based account-to-account payment infrastructure as an alternative to card payments.

Tadas Tamošiūnas(Founder)in

Co-investorsAccelOpenOcean

Lileduliledu.com

Liledu is a toy subscription service offering a monthly Play & Swap model that delivers curated, age-appropriate educational toys for young children.

Circular EconomyConsumerEdTechSidcup, GB

LaurynasAiste

Co-investorsBADideas.fundHeartfelt Capital

Lovilovi.carein

Lóvi is an iOS skincare assistant app that uses AI to scan a user's face for 11+ skin issues, analyze cosmetic products for personal fit and ingredient safety, and answer skincare questions through a chat assistant.

AI & Machine LearningConsumerWellness & Fitness

MBitombito.appin

MBito builds an OBD diagnostics tool and app for Mercedes vehicle owners worldwide, letting them read and understand their car's health and diagnose issues remotely.

ConsumerHardwareIoTMobility & TransportationKaunas, LT

Meet Usgoogle.lt

Co-investorsOpen Circle Capital

Narratonenarratone.com
Nobenobe.eein

NOBE is an Estonian construction company operating since 2000, providing general contracting, project management, concrete works, and design/consulting services.

Construction Tech

Ondatoondato.comin𝕏

Ondato is a technology company providing KYC (Know Your Customer) and AML compliance tools for businesses, covering the full compliance lifecycle from client onboarding to ongoing client monitoring.

CybersecurityFintechSaaSVilnius, LT

Liudas(Co-founder)inAndrej(Co-founder)

Co-investorsBalnord Sp. z o.o.OTB VenturesSmart Partnership CapitalStartup Wise Guys

Orderoordero.ltin

Ordero is a platform for ordering school meals that connects parents, schools, and caterers, letting parents select, edit, and pay for their child's meals while schools receive automated daily headcount reports and caterers manage menus and order logs.

EdTechFoodTechSaaS

Psylinkpsylink.ioin𝕏

Psilocybin biosynthesis platform that produces psychoactive molecular entities using yeast-based technology for pharmaceutical research and drug development.

BiotechDeep TechDigital Health

Co-investorsBSV Ventures

PushOpspushops.com

PushOps is a cloud management platform that automates infrastructure so development teams can focus on building products.

Cloud ComputingDeveloper ToolsSaaS

Andrius BagdonavičiusAleksej Trofimov

Realtify,realtify.cz
Samphire

A drug-free solution for PMS, PMDD, and period pain.

Samphire Neurosciencesamphireneuro.cominFeb 2024 · $2.3M

Samphire Neuro makes the Nettle Headband, a medical-grade wearable that uses neurostimulation to manage mood and chronic pain symptoms linked to hormonal changes across the menstrual cycle.

Digital HealthFemTechMedical Devices

Emilė Radytė(CEO)

Co-investorsAfterWork VenturesAlberts Impact VenturesAngel AcademeCVX VenturesFortify VenturesInventure+3 more

Skarbeskarbe.com

Skarbe built Oskar, an AI sales assistant designed to help sales teams and reps manage their pipeline and close deals.

AI & Machine LearningSaaSSales Tech

Softloanssoftloans.ioin

Softloans provides embedded lending tools for electronic money institutions, ecommerce sites, and other digital service platforms.

AI & Machine LearningE-commerceFintechSaaSVilnius, LT

Sort A Bricksortabrick.comin

Sort A Bricks is a service that uses AI to sort customers' mixed used LEGO® bricks, identify which sets can be rebuilt, source missing parts, and return cleaned, ready-to-build restored sets.

AI & Machine LearningCircular EconomyConsumer

Stackflowsstackflows.com

No-code process management platform for real-time business operations.

Subsig

Software discovery in the age of AI.

Superpalsuperpal.aiin𝕏

Superpal is an AI agent that works inside Slack to handle sales and business tasks such as building pitches, writing reports and decks, running outreach, following up with leads, and booking meetings.

AI & Machine LearningSaaSSales Tech

Swotzyswotzy.com

Swotzy is a multi-carrier shipping platform that aggregates shipments from e-commerce sellers to negotiate better rates and simplify shipment management from checkout to delivery.

E-commerceLogistics & Supply ChainSaaS

Co-investorsBADideas.fundBalnord Sp. z o.o.

Three Cubesthree-cubes.net

Informal and formal game-based learning.

Tingittingit.com

Co-investorsBADideas.fundHeartfelt Capital

Tractor Partstractorparts.eu

Marketplace of tractor parts to simplify buying spare parts.

Turing Collegeturingcollege.comin

Turing College is an online school that teaches practical technical skills through project-based, expert-supported learning programs designed to prepare students for tech careers.

AI & Machine LearningEdTechFuture of WorkVilnius, LT

Tomas Moška(Founder)inBenas Šidlauskas(Founder)inTomas Moska(Founder)inBenas Sidlauskas(Founder)inLukas Kaminskis(CEO)

Co-investorsY CombinatorSpring CapitalSuperCharger VenturesIron Wolf Capital

Portfolio news

latest coverage across their companies

Frequently asked questions

How many investments has Firstpick made?
Firstpick has 62 tracked investments, including 1 dated in the last 24 months.
What stage does Firstpick invest at?
Firstpick invests at the Pre-Seed, Seed stages.
What is Firstpick's typical check size?
Firstpick typically writes checks of $110K – $550K.
What sectors does Firstpick focus on?
Firstpick focuses on AI & Machine Learning, Crypto & Web3, Fintech, Marketplaces, SaaS, Sector Agnostic, Wellness & Fitness.
Where is Firstpick located?
Firstpick is headquartered in Vilnius, LT.
Does Firstpick lead rounds?
Yes, Firstpick leads investment rounds.
Who does Firstpick co-invest with?
Firstpick most often shares deals with BADideas.fund, Change Ventures, Heartfelt Capital, among 34 tracked co-investors.

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