Firstpick
Venture capitalVilnius · Pre-Seed–Seed · 8 people tracked
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.
Team · 8 people
from the firm's website & public directoriesWhat they invest in
from 48 of 64 portfolio companiesSaaS ×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 companiesFounding team size:solo founder×72 founders×83 founders×24+ founders×3
Investments · 64 tracked
founders shown can be your intro pathBy year:2026 · 12025 · 22024 · 25 dated
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 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
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
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
News assistant that digests daily news and reports what is relevant.
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
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
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
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
Tallinn, EE
Taavet Hinrikus(Co-founder)in
Co-investorsChange VenturesHeartfelt CapitalSpecialist VC
Debt collection solution optimizing recovery rates and legal compliance.
AI & Machine Learning
Co-investorsPractica Capital
Team portal for data aggregation, self-improvement, and work planning.
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
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
Marketplace of original pet treats for modern pet parents.
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
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
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
Goramp is a cloud-based yard management and dock scheduling platform for logistics and supply chain teams.
Logistics & Supply ChainSaaS
Co-investorsBHM GroupPresto Ventures
AI-powered security control that protects, detects, and optimizes.
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
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
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
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 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
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
Co-investorsOpen Circle Capital
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
Psilocybin biosynthesis platform that produces psychoactive molecular entities using yeast-based technology for pharmaceutical research and drug development.
BiotechDeep TechDigital Health
Co-investorsBSV Ventures
PushOps is a cloud management platform that automates infrastructure so development teams can focus on building products.
Cloud ComputingDeveloper ToolsSaaS
Andrius BagdonavičiusAleksej Trofimov
A drug-free solution for PMS, PMDD, and period pain.
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
Skarbe built Oskar, an AI sales assistant designed to help sales teams and reps manage their pipeline and close deals.
AI & Machine LearningSaaSSales Tech
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
No-code process management platform for real-time business operations.
Software discovery in the age of AI.
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.
Informal and formal game-based learning.
Co-investorsBADideas.fundHeartfelt Capital
Marketplace of tractor parts to simplify buying spare parts.
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
Unive is an AI-powered college application platform that helps students plan deadlines, write and get feedback on essays, build a college list, find matching scholarships, and see how their profile might appear to admissions officers.
AI & Machine LearningEdTechSaaS
Vinted operates an online marketplace for buying and selling second-hand clothing, shoes, and accessories for women, men, and children.
Circular EconomyE-commerceMarketplaces
Justas Janauskas(Founder)in
Co-investorsAccelAglae VenturesSuperhero Capital
Vocal Image is an AI-powered voice and communication coach where users record short voice exercises and receive instant feedback on pitch, clarity, pace, and confidence, along with a personalized daily training plan covering articulation, intonation, public speaking, and accent work.
AI & Machine LearningConsumerEdTech
Co-investorsSpecialist VC
WhiteBridge is an AI-powered digital identity research tool that aggregates and verifies publicly available data about individuals to produce verified reports.
AI & Machine LearningData & InfrastructureSaaSVilnius, LT
Irmantas Motiejūnas(Founder)
Co-investorsBADideas.fund
Portfolio news
latest coverage across their companiesVinted · arcticstartup.com · Aug 24, 2026
Handwave · dakota.com · Aug 3, 2026
Birdy · myneworleans.com · Jun 24, 2026
Copla · copla.com · Mar 7, 2026
Algori · pulse2.com · Dec 15, 2025
Ace Waves · tesonet.com · Nov 19, 2025
Holo · eu-startups.com · Nov 14, 2025
Samphire Neuroscience · futurefemhealth.com · Jun 2, 2025
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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