Fundraising Fox

Gecad Ventures

Venture capital

Bucharest · Seed–Series A · 4 people tracked

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Investment thesis

Gecad Ventures is a Bucharest-based investment group founded by serial entrepreneur Radu Georgescu that invests in and builds early-stage technology companies, often leading seed rounds and taking meaningful equity stakes. Its activity spans SaaS and software, cybersecurity and AI-based biometrics, ecommerce and payment solutions, and consumer marketplaces, with companies based in Romania and the UK. The fund has a history of scaling ventures toward international exits, having sold or exited businesses to acquirers such as Microsoft, Fitbit, Francisco Partners and others. It syndicates alongside local business angels and co-investors on selected rounds.

Source: firm website, verified Aug 3, 2026.

Stage
Seed–Series A
Check
$1M – $7M
HQ
Bucharest, RO
Leads rounds
Leads
Instruments
Equity
Founded
1992
Tracked investments
22

Team · 4 people

from the firm's website

What they invest in

from 10 of 22 portfolio companies

Fintech ×6SaaS ×6Enterprise Software ×4AI & Machine Learning ×3Cloud Computing ×2Cybersecurity ×2Crypto & Web3 ×1Data & Infrastructure ×1

HQs:Romania×3Denmark×1United States×1

Investments · 22 tracked

founders shown can be your intro path
Avangateavangate.comin𝕏

Verifone (formerly Avangate/2Checkout) operates an all-in-one monetization and digital commerce platform that helps businesses sell software and digital goods globally, expand internationally, and manage recurring revenue across channels.

E-commerceFintechSaaS

Co-investorsFrancisco Partners

Axigenaxigen.comin𝕏

Axigen is an on-premise and hosted email, calendaring, and collaboration messaging platform built on proprietary technology, with administration tools for system administrators.

Cloud ComputingCybersecurityEnterprise SoftwareSaaS

Coinifycoinify.comin𝕏

Coinify is a virtual currency platform that enables businesses to accept crypto payments and provides payment processing services, corporate brokerage, and trading solutions across 180+ compliant markets.

Crypto & Web3Fintech

Iben Teglman(Co-CEO)inMinghui Shan(Co-CEO)in

Co-investorsSEED Capital Denmark

Coinzone
Criklecrikle.com

Crikle is a platform that connects customers to sales advisors through online and offline consultations for high-end travel and luxury products.

Marketing TechSaaSTravel & Hospitality

ePayment

Romanian provider of integrated eCommerce solutions; majority control divested to Allegro Group.

Fintechosfintechos.comin

FintechOS provides an AI platform for financial product operations, letting banks, insurers, and wealth managers configure, price, launch, and evolve financial products with governed AI and reduced dependency on legacy core systems.

AI & Machine LearningFintechInsurTech

Co-investorsCipio PartnersEarlybird Venture CapitalMolten VenturesOTB VenturesLAUNCHub Ventures

Gecad Epayment
GECAD NETgecadnet.roacquired by Bittnet Systems

IT infrastructure/services venture acquired by Bittnet Systems.

Glurugluru.co
Kare Knowledgewareacquired by Dialpad

British customer experience platform for workflow orchestration, knowledge management and analytics; acquired by Dialpad.

Karehqkarehq.com
PawSquadpawsquad.com
Payupayu.ro

PayU provides merchants with a digital payment processing platform covering both local and global markets, including payment technologies, market-adapted payment methods, transaction data analytics, and payment security.

FintechSaaS

Rav Antivirus
Seedblinkseedblink.com
Smart Billsmartbill.roin

SmartBill is a cloud-based invoicing and accounting software platform that enables businesses to issue, deliver, and receive invoices online, manage inventory, and process payments.

Enterprise SoftwareFintechSaaSRomania, RO

Co-investorsCatalyst Romania

Smartreesmartree.comin

Smartree provides HR services and software for small, medium, large and multinational companies in Romania, including payroll outsourcing, personnel administration, and HCM software with full legislative compliance and automated payroll calculations.

Enterprise SoftwareHR TechSaaSRomania, RO

Soleadifysoleadify.com

Soleadify provides B2B data on small and medium businesses, including company names, locations, classifications, activities, products, technologies, size, and contact details, gathered from over 10M sources and updated weekly.

AI & Machine LearningData & InfrastructureSales Tech

Symphopaysymphopay.ro

Co-investorsEarly Game Ventures

TypingDNAtypingdna.comin𝕏Dec 2018

TypingDNA provides cloud-based authentication and continuous endpoint authentication solutions using behavioral biometrics.

AI & Machine LearningCloud ComputingCybersecurityEnterprise SoftwareFintechNew York City, US

Adrian Gheara(Executive Officer, Director)Raul Popa(Executive Officer, Director)Cristian Tamas(Executive Officer, Director)

Co-investorsFlucas VenturesTechstarsCredo VenturesGapMinderGradient Ventures

Vector Watchvectorwatch.com

Wearable smartwatch technology company; sold to Fitbit.

Co-investorsCatalyst Romania

Exits · 2

IPOs and acquisitions across the tracked portfolio

GECAD NETacq. by Bittnet SystemsKare Knowledgewareacq. by Dialpad

Frequently asked questions

How many investments has Gecad Ventures made?
Gecad Ventures has 22 tracked investments, 2 of which have exited via acquisition or IPO.
What stage does Gecad Ventures invest at?
Gecad Ventures invests at the Seed, Series A stages.
What is Gecad Ventures's typical check size?
Gecad Ventures typically writes checks of $1M – $7M.
What sectors does Gecad Ventures focus on?
Gecad Ventures focuses on AI & Machine Learning, Cybersecurity, E-commerce, Enterprise Software, Fintech, Marketplaces, SaaS.
Where is Gecad Ventures located?
Gecad Ventures is headquartered in Bucharest, RO.
Does Gecad Ventures lead rounds?
Yes, Gecad Ventures leads investment rounds.
Who does Gecad Ventures co-invest with?
Gecad Ventures most often shares deals with Catalyst Romania, Earlybird Venture Capital, Molten Ventures, among 9 tracked co-investors.

Media · Podcasts & interviews

featuring the team

Radu Georgescu, Founding Partner, Gecad Ventures la Zilele Biz 2021

Revista Biz · Radu Georgescu

Startup Spotlight Interview Series - Radu Georgescu (Gecad Ventures)

How to Web · Radu Georgescu

În ce investește GECAD VENTURES. Radu Georgescu la The Vast&The Curious

Andreea Roșca · Radu Georgescu

Images

Gecad Ventures photo

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