Firstpick
Venture capitalVilnius · Pre-Seed · 7 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.
Team · 7 people
from the firm's websiteWhat they invest in
from 49 of 67 portfolio companiesSaaS ×29AI & Machine Learning ×24Enterprise Software ×10Fintech ×10Consumer ×8Cybersecurity ×7E-commerce ×5EdTech ×5
HQs:Lithuania×16Estonia×4United Arab Emirates×1Bulgaria×1Spain×1United Kingdom×1
Who they back
founder profiles across 33 portfolio companiesFounding team size:solo founder×142 founders×113 founders×24+ founders×6
Where their founders studiedfrom 29 founders with education data
Vilniaus universitetas / Vilnius University ×12Kaunas University of Technology ×3Mykolas Romeris University ×2University of Oxford ×2
What their founders studiedfrom 32 founders with field-of-study data
Business & Management ×16Computer Science ×6Economics ×5Law ×3Finance & Accounting ×2Mathematics & Statistics ×2Medicine ×2
Where their founders worked beforefrom 31 founders with career history
Fintech Hub LT ×3Atelier Investment Management ×2Invest Lithuania ×2Kaunas University of Technology ×2Lietuvos bankas / Bank of Lithuania ×2Newsec ×2NRD Cyber Security ×2Pipedrive ×2
1 founders hold a PhD · 3 hold an MBA (of 32 with degree data)
Investments · 67 tracked
founders shown can be your intro pathBy year:2026 · 32025 · 52024 · 32023 · 617 dated
Commody is a fractional ownership platform for rare and exceptional cars, allowing users to invest in curated vehicles from verified collectors starting at €25.
B2B MarketplacesConsumerFintechMarketplacesVilnius, LT
Vilius Oškeliūnas(Co-founder)inGerda Oškeliūnė(Co-founder)inVytautas Zabulis(Co-founder)inGintautas Ščerbavičius(Co-founder)Martynas Pranaitis(Co-founder)inVitoldas Milius(Co-founder)
Co-investorsCoinvest Capital
Display.dev is a gated publishing platform that allows teams to share AI-generated HTML and Markdown artifacts with secure authentication via Google, Microsoft, or one-time passwords.
AI & Machine LearningDeveloper ToolsSaaS
Co-investorsCuriosity VCOutlast Fund
Handwave builds palm-based biometric payment technology for retailers, enabling identity verification, age checks, loyalty program enrollment, and payment through a single hand scan.
AI & Machine LearningCybersecurityDeep TechFintechHardwareRetail TechRiga, LT
Co-investorsInovo VCOutlast FundPractica Capital
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 TechSaaSVentspils, LV
Guntis Coders(Strategy & Methodology; second-time founder)inMartins Ermanis(Product & Operations)Vigo Krumins(Technology)in
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 FundMarketplace
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 VenturesRed BullShilling VCClave Capital
AMLYZE provides automated transaction monitoring software that detects suspicious activity and financial crimes in real-time for banks, fintechs, and payment providers.
AI & Machine LearningCybersecurityEnterprise SoftwareFintechSaaSVilnius, LT
Gabrielius Erikas BilkštysinAlexandre PinotinJekaterina GovinainMindaugas Petrauskasin
Co-investorsCoinvest CapitalPractica Capital
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 a scheduling and workforce management platform for hospitality and service businesses that enables shift planning by the minute, automatic staff assignment, real-time labor cost tracking, and integration with point-of-sale systems.
Enterprise SoftwareFuture of WorkHR TechSaaSVilnius, LT
Felix Rodriguez(Executive Officer, Director)Glennys Rodriguez(Director)
BoardJack Freeman(Director)inChase Goree(Director)inPatrick Matthews(Director)
Co-investorsPeakSpan Capital Partners
Beesure provides an IT system that lets businesses integrate and onboard various insurance products for selling to their customers.
InsurTechSaaS
Augustinas Zilinskas(Founder)in
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
Sort A Bricks offers an AI-powered service that sorts used mixed LEGO® bricks shipped in by customers, identifies which sets can be rebuilt, sources any missing parts, and returns restored, ready-to-build sets.
AI & Machine LearningCircular EconomyConsumer
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
Povilas(Co-founder & CTO)Paulius Šliavas(Founder)in
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
LaimonasArunas Vismantas(Founder & CEO)in
Co-investors500 Global
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
Co-investorsCoinvest Capital
Tallinn, EE
Taavet Hinrikus(Co-founder)in
Co-investorsChange VenturesHeartfelt CapitalSpecialist VCL Catterton
Debt collection solution optimizing recovery rates and legal compliance.
AI & Machine Learning
Lukas Kairevicius(Founder)in
Co-investorsPractica Capital
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
Co-investorsAndreessen Horowitz
Copla offers managed vulnerability scanning for cloud environments, delivering audit-mapped reports aligned with compliance frameworks including ISO 27001, DORA, NIS2, and SOC 2.
Cloud ComputingCybersecurityEnterprise SoftwareFintechSaaS
AurimasAndrius Minkevicius(Founder)Aurimas Bakas(Founder)
Co-investorsSpecialist VCSuperhero CapitalIron Wolf CapitalOperator Stack
Marketplace of original pet treats for modern pet parents.
Evergrowth provides AI agents for B2B research, lead qualification, and copy generation, built with enterprise-grade security and compliance controls for sales and marketing teams.
AI & Machine LearningSaaSSales Tech
Aivaras Rastenis(Founder)Algimantas Padegimas(Founder)Jean-Baptiste Daguene(Founder)Mantas Urnieza(Founder)Tadas Cekavicius(Founder)
Co-investorsChange VenturesImpellent VenturesPractica Capital
FinFra enables digital businesses in Southeast Asia to integrate lending services into their platforms, offering embedded financing solutions for digital transactions.
Data & InfrastructureFintechSaaS
Co-investorsAccionBADideas.fundCento VenturesDS/X VenturesZ Venture CapitalAccion Venture Lab+1 more
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
Airidas Juskaitis(Founder)in
Goramp is a logistics platform that integrates scheduling, yard management, and warehouse operations for teams across Europe.
Enterprise SoftwareLogistics & Supply ChainSaaSVilnius, LT
Co-investorsBHM GroupPresto Ventures
Holo is a marketing tool platform designed to make campaign creation intuitive and accessible for growing brands and teams.
AI & Machine LearningCreator EconomyMarketing TechSaaSVilnius, LT
Alexander Urbanavičius(Founder)in
Co-investorsLeonis CapitalImpact46Rua Growth Fund
Holo operates a property buying platform in the United Arab Emirates that combines finance, property, and technology in one place to help people buy property and make property decisions.
FintechMarketplacesPropTech
MichaelArranArian Aghababaie(Founder)Arran Summerhill(Founder)Brian Adzima(Founder)Hal Zarem(Founder)
Co-investorsAnnex InvestmentsOIG Capital (Oracles Investment Group)Plus VCWamda CapitalImpact46Lightspeed Venture Partners
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 CapitalEuropean Investment Fund
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 VenturesTechstarsHEARTFELT_
Inspectle provides solutions for large food manufacturers to ensure compliance with SQF food safety standards.
Advanced ManufacturingEnterprise SoftwareFoodTechSaaS
Co-investorsHeartfelt CapitalChange VenturesHEARTFELT_
kevin. is a Lithuanian fintech building API-based account-to-account payment infrastructure as an alternative to card payments.
Tadas Tamošiūnas(Founder)in
Co-investorsAccelOpenOcean20VCEurazeoOTB VenturesSpeedinvest
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 CapitalHEARTFELT_
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)Andrej Vistorskij(Founder)Liudas Kanapienis(Founder)Liudas Kanapienis Andrej Vistorskij(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
Laura Martinkute Korsakova(Founder)in
Co-investorsBSV VenturesBSVCoinvest Capital
PushOps is a cloud management platform that automates infrastructure so development teams can focus on building products.
Cloud ComputingDeveloper ToolsSaaS
Andrius BagdonavičiusAleksej Trofimov
Samphire Neuro develops brain-based neurotechnology medical devices to treat chronic pain and mood conditions in women, targeting PMDD, dysmenorrhea, perimenopause, chronic migraines, and endometriosis.
Digital HealthFemTechMedical Devices
Emilė Radytė(CEO (Founder))inAlex Cook(COO (Founder))inErvinas Bern(CTO)inKendell Cannon(Chief Medical Officer)
Co-investorsAfterWork VenturesAlberts Impact VenturesAngel AcademeCVX VenturesFortify VenturesInventure+4 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
Co-investorsSomersault Ventures
Softloans provides embedded lending tools for electronic money institutions, ecommerce sites, and other digital service platforms.
AI & Machine LearningE-commerceFintechSaaSVilnius, LT
Audrius Griskevicius(Founder)in
Sort A Brick is a service provider that sorts and organizes used LEGO bricks on behalf of customers.
AI & Machine LearningCircular EconomyConsumerKaunas, LT
Aurimas Slapšys(Managing Director)inAurimas Slapsys(Founder)Ilya Malkin(Founder)
No-code process management platform for real-time business operations.
Superpal is a Slack-native AI assistant that handles work tasks for small teams across founders, sales, and marketing roles, including investor updates, sales briefs, CRM management, and campaign launches.
AI & Machine LearningEnterprise SoftwareSaaSSales Tech
Co-investorsOutlast Fund
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
Lauris Rutkis(Founder)in
Co-investorsBADideas.fundBalnord Sp. z o.o.
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)inLukas Kaminskis(Founder)inBenas Sidlauskas(Founder)inTomas Moska(Founder)in
Co-investorsY CombinatorSpring CapitalSuperCharger VenturesIron Wolf CapitalVenture Investment Associates
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
Marcin Paukszteło(Founder)in
Vinted operates an online marketplace for buying and selling secondhand clothing, accessories, and related items across categories such as women's, men's, and jewelry.
Circular EconomyE-commerceMarketplaces
Justas Janauskas(Founder)inMilda Mitkutė(Founder)inThomas Plantenga(Founder)Adam Jay(Founder)inMilda Mitkute Justas Janauskas(Founder)Thomas Plantenga (CEO)(Founder)
Co-investorsAccelBurda Principal InvestmentsInsight PartnersLightspeed Venture PartnersAglae VenturesAspire11+14 more
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)inAntanas Sitnikas(Founder)Paulius Taraskevicius(Founder)Tomas Martunas(Founder)
Co-investorsBADideas.fundFirst Degree Capital
Other
Tracked investments with no reachable website or further public details — typically companies that wound down, renamed, or were absorbed.
ANACodigyFinfra (previously DanaBijak)GREÏJeffMeet UsNarratoneRealtify,SamphireSubsigTingit
Portfolio news
latest coverage across their companiesDisplay · thesaasnews.com · Jul 8, 2026
InSoil · thesaasnews.com · Jul 3, 2026
Backoffice · backoffice.lt · May 25, 2026
WhiteBridge AI · thesaasnews.com · Mar 16, 2026
Chaseit · ffnews.com · Mar 13, 2026
Copla · copla.com · Mar 7, 2026
Algori · finsmes.com · Dec 9, 2025
CBRX · thesaasnews.com · Oct 13, 2025
Frequently asked questions
- How many investments has Firstpick made?
- Firstpick has 67 tracked investments, including 8 dated in the last 24 months.
- What stage does Firstpick invest at?
- Firstpick invests at the Pre-Seed stage.
- 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 43 tracked co-investors.
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