Firstpick
Venture capitalVilnius · Pre-Seed–Seed · 9 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 · 9 people
from the firm's website & public directoriesWhat they invest in
from 37 of 63 portfolio companiesSaaS ×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 pathTHEO 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 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
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
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
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)
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 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
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)
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)
Team portal for data aggregation, self-improvement, and work planning.
Commody offers fractional co-ownership of collectible cars, with each vehicle held through a dedicated legal entity and ownership formally recorded.
ConsumerFintechMarketplaces
Marketplace of original pet treats for modern pet parents.
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
AI-powered security control that protects, detects, and optimizes.
AI-powered content engine that automatically creates brand-aligned social posts, ads, and emails.
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
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
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.
Women's neurotech company focused on female brain health.
Skarbe built Oskar, an AI sales assistant designed to help sales teams and reps manage their pipeline and close deals.
AI & Machine LearningSaaSSales Tech
Enables affordable, sustainable reuse of toy building bricks via automatic brick sorting.
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
Informal and formal game-based learning.
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)
Portfolio news
latest coverage across their companiesBirdy · myneworleans.com · Jun 24, 2026
Ace Waves · globenewswire.com · Nov 19, 2025
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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