Fundraising Fox

Firstpick

Venture capital

Vilnius · Pre-Seed–Seed · 9 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
Tracked investments
63

Team · 9 people

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

What they invest in

from 37 of 63 portfolio companies

SaaS ×22AI & Machine Learning ×19Consumer ×7Fintech ×6EdTech ×5Enterprise Software ×5Cybersecurity ×4Developer Tools ×4

HQs:Lithuania×7Estonia×3Bulgaria×1United Kingdom×1Latvia×1

Investments · 63 tracked

founders shown can be your intro path
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)Tatiana Afonina(CTO)

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)

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

Algorialgori.ai
Amlyzeamlyze.com

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

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

Jonas Lekevičius(Think-team: Designer & Developer)Vykintas Maknickas(Think-team: Product strategist)Aurelija Petrauskytė Latakė(Think-team: Product creator)Karolis Malcevičius(Think-team: Product designer)Sandra Zaidova(Think-team: UX researcher)

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 chat and messaging application that integrates WhatsApp messaging with professional team collaboration features including group chats, community building, and AI tool integration for work teams and organizations.

AI & Machine LearningFuture of WorkSaaSSofia, BG

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.com

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

ArunasLaimonas

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)Audrius Miknevičius(Co-founder & CTO)

Certificcertific.co
Chaseitchaseit.aiin

Debt collection solution optimizing recovery rates and legal compliance.

AI & Machine Learning

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.com

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

ConsumerFintechMarketplaces

Coplacopla.comin
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

Doohoodoohoo.lt

Marketplace of original pet treats for modern pet parents.

Evergrowthevergrowth.com
Finfrafinfra.io
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

Googlegoogle.lt
Gorampgoramp.comin
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.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

Holo

AI-powered content engine that automatically creates brand-aligned social posts, ads, and emails.

Hoptedhopted.comin

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)Alex(Co-founder)

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

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

Jeffjeff.com
Kevinkevin.eu
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

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

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
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

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.comin

Women's neurotech company focused on female brain health.

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 Brick

Enables affordable, sustainable reuse of toy building bricks via automatic brick sorting.

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

Three Cubesthree-cubes.net

Informal and formal game-based learning.

Tingittingit.com
Tractor Partstractorparts.eu

Marketplace of tractor parts to simplify buying spare parts.

Tryholotryholo.aiin
Turing Collegeturingcollege.comin𝕏

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)

Portfolio news

latest coverage across their companies

Frequently asked questions

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.

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