About
Konstantin Dzhengozov backed Payhawk as its first angel investor and was, in his own words, involved 100% from day minus one — then became its third co-founder and CFO, steering the company to a $1 billion valuation in 2022 and past $100 million of annual recurring revenue by 2026 on a lifetime burn multiple of roughly 1.2x. He spent about five years in corporate finance at KPMG and then ran financial planning at Telerik through its acquisition by Progress, choosing to stay in Bulgaria rather than relocate. EY named him CFO of the Year. He is a mountain biker and downhill skier who once dislocated the same shoulder three times on a single ski trip and was back on a snowboard within days.
Beyond investing
- Founded
- Joined Payhawk as an angel investor 'with 100 percent involvement from day minus one', then became its third co-founder and CFO.
- Education
- Studied economics at Sofia University and took a finance master's at the University of National and World Economy.
- Awards
- Named CFO of the Year in EY's awards.
- Hobbies
- Mountain biking and downhill skiing are how he disconnects from work — he once dislocated the same shoulder three times on one Italian ski trip and was back snowboarding within three days.
- More
- Spent about five years in corporate finance at KPMG — M&A, valuations and due diligence — before running financial planning at Telerik. Declined to relocate to the United States with Progress after it acquired Telerik, staying in Bulgaria.
From Konstantin's own website — common ground for a warm intro.
Co-founder & CFO at Payhawk
Intro paths
→
In turn, Konstantin can intro founders to Payhawk's investors below.
Payhawk's investors · 5
Co-founders at Payhawk
HB
Hristo BorisovCo-founder & CEO
BK
Boyko KaradzhovCo-founder & CTO
Experience
- PayhawkCo-founder and CFOcurrent2018 — present
- VTI CapitalPartner2018 — 2020
- Eleven VenturesVenture Partner2018 — 2019
- Software GroupDeputy CFO2017 — 2018
- ProgressSr. Manager, Business Planning & Analysis2016 — 2017
- ProgressManager, Financial Planning & Analysis2013 — 2016
- KPMGSr Advisor, Corporate Finance2008 — 2013
- KPMGTrainee in Financial Services Audit Group2008Bulgaria
Education
- Harvard Business School Executive EducationOwner/ President Management (OPM 66)2025 — 2027
- Sofia University St. Kliment OhridskiBachelor’s degree in Economics, Economics2004 — 2008
- University of National and World EconomyMaster's Degree in Finance, Finance2008 — 2010
- Instituto Bilingüe de Bachillerato "Miguel de Cervantes" Sofía, Bulgaria
Skills & more
Leadership4Negotiation3Strategy3EntrepreneurshipCorporate Finance56Valuation46Real Estate8Financial Analysis29Business Analysis12Financial Modeling47Impairment Testing10Auditing13
+12 more
FinanceDue DiligenceRestructuringExternal AuditBusiness PlanningEconomicsForecastingMarket ResearchBudgetsIFRSEquitiesAnalysis- Certified business appraiser — Chamber of Independent Appraisers in Bulgaria (CIAB)
- Chartered Financial Analyst (CFA) — CFA Institute
From Konstantin's professional profile.
Podcasts & interviews
featuring Konstantin DzhengozovFrequently asked questions
- Where does Konstantin Dzhengozov work?
- Konstantin Dzhengozov is Co-founder & CFO at Payhawk.
- What companies did Konstantin Dzhengozov found?
- Konstantin Dzhengozov founded Payhawk.
Same school
Also attended Harvard Business School Executive Education130
Ryan LaurinManaging Director at Marlin Equity PartnersPaul SlosarInvestor at FortySix Venture CapitalRaghu MadabushiInvestment Director at Samsung Catalyst FundTom KalinskeInvestor at Alsop Louie PartnersKevin MandiaGeneral Partner at Ballistic VenturesRichard GrecoVenture Partner at IronGate Capital Advisors
.png)
+ 124 more
Also attended Sofia University St. Kliment Ohridski10
Boyko KaradzhovCo-founder & CTO of PayhawkMelissa Morano AurigemmaChief of Staff at Exceptional CapitalIvaylo SimovPartner at Eleven VenturesVeselina MarkovaInvestment Principal at Eleven VenturesRumen TrilevInvestment Associate at Urban Impact VenturesSiyka KostevskaVice President, Finance at Optum Ventures
+ 4 more
Also attended University of National and World Economy9
Veselina MarkovaInvestment Principal at Eleven VenturesHristo ValevPartner at Urban Impact VenturesAnatoly CrachilovCEO & Founding Partner at Nickel Digital Asset ManagementPeter MatevPartner - Eastern Europe at VU Venture PartnersIveta Tancheva-NikolovaPortfolio Manager at Finance in MotionAleksandrina TsenovaJunior Investor Relations Officer at Trustmoore Luxembourg
+ 3 more
Shared employers
Also worked at Payhawk8
Hristo BorisovCo-founder & CEO of PayhawkBoyko KaradzhovCo-founder & CTO of PayhawkKeith RobinsonSenior Advisor at OxxDan LupuInvestor at Earlybird Venture CapitalPerry BlacherPartner at Augmentum FintechMehmet AticiManaging Partner at Bek Ventures
+ 2 more
Also worked at VTI Capital1
Also worked at Eleven Ventures12
Daniel TomovPartner at Eleven VenturesIvaylo SimovPartner at Eleven VenturesValeri PetrovPartner at Eleven VenturesMartin OuzounovPartner at Eleven VenturesBelizar MarinovInvestment Principal at Eleven VenturesSvetozar GeorgievPartner at Eleven Ventures
+ 6 more
Also worked at Progress20
Hristo BorisovCo-founder & CEO of PayhawkBoyko KaradzhovCo-founder & CTO of PayhawkEsther DominguezGeneral Counsel at .406 VenturesJoseph AlsopInvestor at Alsop Louie PartnersTien WongTech investor, entrepreneur, and CEO; Chairman & CEO of Opus8Amit AnandFounding Partner & Managing Director at Jungle Ventures
+ 14 more