Fundraising Fox

Margus Uudam

InvestorFounder

Founding Partner at Karma Ventures · Board director at Infermedica · Founder at Karma

Estonia

Writes $1.1M – $5.4M checks

FoundedKarma

Find your path to Margus

71 people in our graph share verified history with Margus — schools, employers, funds. One of them is your warm intro.

Timo AhopeltounlockedMargus: together at TrademarkNow (2017–2020)
Margus: together at Lucinity
×10Margus: together at Karma Ventures

About

Margus Uudam, since 2008 managing Skype co‑founders' global portfolio, brings deep‑tech experience across the US, Europe and Asia—technologies big companies would buy rather than build—and candidly cites unicorns' $100–500M needs.

Contact· self-published, not guessed

Invests in

AI & Machine LearningCybersecurityDeep TechFintechHardwareSaaS

Board director at Infermedica

Intro paths

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In turn, Margus can intro founders to Infermedica's investors below.

Infermedica's investors · 5

EBRD Venture Capital Investment ProgrammeLondon · $2.2M – $27M checksHeal CapitalBerlin · $1M – $5M checks · since 2022Inovo VCWarsaw · $540K – $4.3M checksKarma VenturesTallinn · $1.1M – $5.4M checks · since 2020Unfold VenturesWrocław · $110K – $1.1M checks

Co-founders at Infermedica

POPiotr Orzechowski
Piotr OrzechowskiChief Executive Officer
RSRoberto Sicconi
Roberto SicconiFounder

Founder at Karma

Intro paths

→

In turn, Margus can intro founders to Karma's investors below.

Karma's investors · 8

1CrowdGV (Google Ventures)Mountain View · $250K – $50M checks · since 2022SoftBank GroupTokyo · since 2022Susquehanna Growth EquityNew YorkTesi (Finnish Industry Investment Ltd)Helsinki · $5.4M – $16.2M checksTiger Global ManagementNew York · $1M – $100M checksTop Tier Capital PartnersSan Francisco · since 2022Y CombinatorSan Francisco · $500K checks · since 2022

Experience

  1. karma.vc / karma venturesFounding Partnercurrent2016 — presentTallinn
  2. WirepasBoard Membercurrent2022 — present
  3. TuumBoard Membercurrent2020 — present
  4. LucinityBoard Membercurrent2020 — present
  5. InfermedicaBoard Membercurrent2019 — present
  6. XoloBoard Membercurrent2019 — present
  7. MeetFrankBoard Membercurrent2018 — present
  8. Realeyes - Emotional IntelligenceBoard Membercurrent2016 — present
  9. Estonian Private Equity & Venture Capital Association (EstVCA)Chairman2019 — 2023
  10. TrademarkNowBoard Member2017 — 2020
  11. Ecofleet OÜBoard Member2009 — 2018
  12. Ambient Sound Investmentshead of venture capital investments2008 — 2016
  13. Inkspin1Board Member2012 — 2016
  14. Clifton ASBoard Member2010 — 2016
  15. EstVCA: Estonian Venture Capital and Private Equity AssociationChairman2012 — 2015Tallinn, Estonia
  16. WahandaBoard Member2012 — 2015
  17. MarkIT.euBoard Member2009 — 2015
  18. Modesat CommunicationsChairman of the Board2010 — 2012
  19. Distribution Network of Estonian EnergyCEO2004 — 2008
  20. Fontes ASCEO2003 — 2004
  21. Ministry of Finance of the Republic of EstoniaDeputy Secretary General2000 — 2003
  22. Compensation FundMemeber of Board1998 — 2001
  23. HF CapitalCEO1996 — 1998
  24. Compensation FundInvestment Manager1994 — 1996

Skills & more

Strategic Planning52Strategy27Management32Start-ups99Venture Capital99Fundraising29HR Strategy1Hiring12Investments40Entrepreneurship67Business Development19Management Consulting31
+12 moreCorporate FinancePersonnel ManagementBusiness StrategyAngel InvestingMergers & AcquisitionsRestructuringPrivate EquityDue DiligenceRecruitingBusiness PlanningStrategic PartnershipsProduct Management

Languages English

From Margus's professional profile.

Investments

Board seats

Infermedica

Per SEC Form D filings.

Colleagues at Karma Ventures

Ahti Heinla
Investor at Karma Ventures
Arthen Sirola-Hashemi
Investment Manager at Karma Ventures
Jaan Tallinn
Investor at Karma Ventures
Jani Huoponen
Investor at Karma Ventures
Kristjan Laanemaa
Founding Partner at Karma Ventures
Linda Võeras
Venture Partner at Karma Ventures
Marianne Kikas
Office Manager at Karma Ventures
Riin Vähk
Finance Manager at Karma Ventures

Frequently asked questions

Who is Margus Uudam?
Margus Uudam, since 2008 managing Skype co‑founders' global portfolio, brings deep‑tech experience across the US, Europe and Asia—technologies big companies would buy rather than build—and candidly cites unicorns' $100–500M needs.
Where does Margus Uudam work?
Margus Uudam is Founder of Karma and Founding Partner at Karma Ventures and Board director at Infermedica.
What does Margus Uudam invest in?
Margus Uudam invests in AI & Machine Learning, Cybersecurity, Deep Tech, Fintech, Hardware, SaaS.
What check size does Margus Uudam write?
Margus Uudam typically writes checks of $1.1M – $5.4M.
What companies did Margus Uudam found?
Margus Uudam founded Karma.
What boards does Margus Uudam sit on?
Margus Uudam holds tracked board seats at Infermedica.
Where did Margus Uudam go to school?
Margus Uudam studied at Estonian Business School (Bachelor’s Degree, Business).

Same school

Also attended Estonian Business School28

Marek KiisaGeneral Partner at NordicNinjaAnti KodarInvestor at Butterfly VenturesIvo RemmelgVenture Partner at Superhero CapitalIvar SiimarPartner at Trind VenturesPeeter KompusPrincipal at Trind VenturesRauno MiljandManaging Partner at Metaplanet

+ 22 more

Shared employers

Also worked at Wirepas4

Juha LehtolaDirector, Venture and Growth Investments at Tesi (Finnish Industry Investment Ltd)Patrick SheehanFounder and Managing Partner at ETF PartnersLaurence GarrettPartner at Highland EuropeSami AhvenniemiGeneral Partner at Vendep Capital

Also worked at Tuum4

Rivo UiboChief Business Officer & Co-founder at TuumJan LakspereLending Product Manager & Co-founder at TuumJüri KirmeCore Banking Product Manager & Co-founder at TuumOve KreisonChief Product & Technology Officer & Co-founder at Tuum

Also worked at Lucinity7

Robert VerwaayenGeneral Partner at Keen Venture PartnersHelga ValfellsFounding Partner at Crowberry CapitalSvenja HarmsPrincipal at Crowberry CapitalGil EigesPartner at Climate Innovation CapitalDaniel PálmasonChief Executive Officer and Co-Founder at LucinityJohann HaraldssonChief Technology Officer and Co-Founder at Lucinity

+ 1 more

Also worked at HF Capital3

Meri HellerantaPartner at Courage Ventures FundsJonathan NelsonManaging Partner at Hack FundMic BlackCofounder, Chief Thunderstorm Creator at Rainstick