Non-Vetted Deals
These are the non-vetted deals that mostly come to the fff. via inbound, directly or via Partner networks. fff team has went through the decks of those opportunities but has not looked any further from there on. We are happy to make introduction to the founder upon the request in case of interest.
🇪🇪 Taita, Raising 300k€ in a Pre-Seed Round, an AI pre-screening that lowers cost and time of hiring. Uses automated video interviews and interactive chat-based tasks to assess candidates' skills. Aims to reduce bias and integrates with existing ATS.
First hire made with an MVP tested on ~20 applicants. Closed beta launch with feedback from 20 recruiters. Market pivot from EU to APAC (India). Large-scale system test on ~150 applicants.
CEO Georgi Sokolov, 3x founder. CTO Kumar Shantanu, ex-Veriff. ML/AI Lead Viktor Tsvil. Advisors include Samuli Salonen, Özgür Özlük, PhD, and Patrick Watson, PhD.
Intro request: Interested to get in touch with founders
🇱🇹 Bettermarket, Raising 300k€ in a Pre-Seed Round, a sustainable food wholesale marketplace. Empowers retailers to fulfill sustainability goals by providing comprehensive product impact assessments. Boosts retailer sales and customer satisfaction with tailored product recommendations.
Reach buyers across 190 countries. Over 15,000 products and 800+ brands. Notable retailers include Carrefour, ALDI, and others.
Team includes Tomas Indriūnas (CEO), Liutauras Plioplys (Product), Mantė Petrauskaitė (Head of Growth), and Mindaugas Indriūnas (CTO).
Intro request: Interested to get in touch with founders
🇪🇪 Allicater, Raising 150k€ in a Pre-Seed Round, an AI-powered catering platform that matches customers with the best fitting caterers and generates initial offerings on behalf of caterers. Beta version running since March 2024. 40+ catering partners and 120+ registered customers. 65,000€ worth of catering requests since March 2024.
Looking to raise 50,000 - 150,000€ in pre-seed funding. Core team includes professionals with experience at Nokia, Playtech, University of Tartu, and Fractory.
Intro request: Interested to get in touch with founders
🇱🇹 FindRisk, Raising 1m€ in a Seed Round, revolutionizes compliance with AI, transforming it into a seamless advantage. The platform ensures businesses meet regulatory standards and empowers sustainable growth.
Official start on 1st of July. MVP ready by 1st of November. Client onboarding begins 1st of December.
Pre-seed round aiming to raise 1M EUR by 1st of Sept/Oct.
Team includes experienced professionals in fintech, compliance, technology, and marketing. Notable members include Mindaugas Petronis (CEO), Agnė Daukšienė (COO), and Timas Saltanavičius (Technology).
Intro request: Interested to get in touch with founders
🇱🇹 Kaisense Raising 500k€ in a Seed Round, develops advanced sensors and AI-driven training tools for combat sports and other technique-intensive sports.
Four iterations of hardware and industrial designs. Established manufacturing partnerships. Raised €100k from Baltic Sandbox Ventures and €86k EU Grant for AI Development.
Raising €500k to finish development and go to market. Led by Baltic Sandbox Ventures. In talks with Coinvest and looking for 2 angel investors.
CEO has 7 years of Muay Thai experience and 15 years of weightlifting. Team includes experts in AI/ML, UX/UI, and cloud infrastructure.
Intro request: Interested to get in touch with founders
🇱🇹 Poklet Raising 300k€ in a Pre-Seed Round, a digital banking solution for youngsters, offering a smart debit card and engaging financial education to make learning about money fun and rewarding.
60k app downloads, 15k active IBANs, €1M+ ARR from VISA card volumes. Growth success in Lithuania, expanding to Europe & UK.
Raising €300k pre-seed round to reach €5k MRR by end of 2024. Valued at €2M pre-money. Funds to be used for development, rebranding, and partnerships.
Intro request: Interested to get in touch with founders
🇪🇪 DefioLab Raising 450k€ in a Seed Round, developing a next-generation VPN service integrated with mobile applications for messaging and email. Developed a mobile application for Android, available on Google Play. Started public testing of free VPN access.
Implemented functionality for regular reissuance of clients' security certificates and traffic obfuscation. First round of funding, raising 450,000 €
Intro request: Interested to get in touch with founders
🇪🇪 Campy Raising 500k€ in a Seed Round, a customer engagement platform and app for shopping malls and retail chains. Integrates digital and physical environments to increase frequency, duration, and spending during mall/store visits.
Platform briefly launched in 2022 in Estonia. Acquired IPR and technology platform in Q3 2023. Preparing the launch of the white-labeled Campy with several clients.
Round size: 500k€. Pre-valuation: 5M€. Min. ticket: 100k€. Expected closing: Q3 2024.
First customers in the pipeline include T1 Mall of Tallinn and Astri.
Intro request: Interested to get in touch with founders
🇪🇪 DriveSparky Raising 500k€ in a Pre-Seed Round, an EV subscription service for ride-hailing drivers in emerging markets. Offers long-term EV subscription and rent-to-buy options.
Planning to launch in Thailand with 100 EVs in 2024. Targeting 500 EVs by 2026 and 2000 EVs by 2028.
Raising EUR 500,000 to buy the first 10 EVs and leverage debt financing to grow to 40-50 EVs in the first 4 months.
Founder Hannah Swabey has over 7 years of experience in mobility startups. Team includes a fractional CFO and local operations manager.
Intro request: Interested to get in touch with founders
🇪🇪 PowerUp, Raising 7m€ in a Pre-Seed Round, Manufacturer of hydrogen fuel cell-based energy solutions. Post-revenue. 51 signed contracts worth $600,000 annually. 3 letters of intent signed. 1589 contracts in pipeline worth $400,000,000 annually.
Looking to raise 7M EUR to set up full value chains, boost sales & marketing, file 9 patents, and certify products in the US, Canada, and Japan.
Founded in 2016. CEO/Founder: Ivar Kruusenberg. Team distributed across multiple countries. Competitor SFC Energy achieved 117M EUR revenue and 5M EUR profit in 2023.
Intro request: Interested to get in touch with founders
🇱🇻 IVA, Raising 200k€ in a Pre-Seed Round, provides intelligent virtual agents for SMBs to grow sales teams affordably and quickly. Offers lead generation, management tools, automated outreach, and sales enablement.
Raising €200k to reach €25k MRR. Allocation: 40% Product, 30% Team, 20% Growth, 10% Ops.
Combined experience of more than 25 years in startup, scale-up, unicorn, and enterprise companies. Notable team members include Valdis Sprogis (Founder/CEO) and Ivan Ivanka (Founder/President).
Intro request: Interested to get in touch with founders
🇪🇪 Askly, Raising up tp 1m€ in a Seed Round,an AI-human blend to deliver high-quality and 100% localized customer service with ease on any website across e-commerce.
Customers in 10 countries, annual churn rate 1,5%, operating on a subscription-based business model, with monthly subscription fees ranging from 49 to 349 EUR. Their lifetime value (LTV) is 2100 EUR, CAC is 150 EUR, and the yearly churn rate is less than 2%.
Askly has over 400 e-stores and websites as daily active customers. Validated customers being SMEs with a yearly revenue of 0.5M-25M EUR. In the EU 150,000+ companies sell goods and services online. Digital marketing is used to grow our user base.
Intro request: Interested to get in touch with founders
🇪🇪 ListX, Raising 500k€ in a Pre- Seed Round, is a preloved marketplace that removes the effort from reselling your unused things.
Three experienced founders from Bolt, Wise, and Adcash, building a digital registry for users to manage and sell their belongings effortlessly through Listx, other marketplaces, and C2B buyers. Leveraging AI, they aim to help users participate in the circular economy by connecting physical items with third-party services and offering hyper-targeted advertising for monetization. Their platform, with over 6,000 unique monthly visitors and 500+ signed-up users (4x growth since March), has identified 5,500+ historic purchases and features 1,750+ listings averaging €163 in value.
Additionally, 30% of new users grant access to their Gmail inbox for automatic purchase data collection, and 10% make their purchases visible for offers, leading to transactions even without integrated payments or shipping.
Intro request: Interested to get in touch with founders
🇱🇻 Adventum Tech, Raising 500k€ in a Seed Round, specializes in sensors for measuring loadbearing, concrete strength, surrounding environment, and deformations.
Implemented "LiveLoad" and "TempSense" supply in "Postgrunden", Copenhagen, Denmark with 120 Liveload sensor network and 200 TempSense sensors.
Seeking 500K EUR investment to allocate 10% for buffer, 20% for R&D, and 70% for talent & team. Aims for 50K MRR by Q2 2025 and 10M ARR by Q4 2026.
Intro request: Interested to get in touch with founders
🇱🇻 YourGreenhouses, Raising 500k€ in a Pre-Seed Round, being an e commerce platform offering high-quality European gardening products to US clients. Acts as an 'Amazon for Gardening' with a focus on B-2-C sales. Reached USD 1m in sales in under 5 months. Profitable business with overwhelmingly positive client feedback. Average order value of USD 2,267 and 470 orders.
Seeking USD 500,000 investment for 7.5% shareholding. Funds to be used for working capital, stock purchase, marketing, and back-office operations. Founders include experienced professionals in e-commerce, marketing, finance, and logistics. Own investment of EUR 50k and over 1,600 hours of work invested.
Intro request: Interested to get in touch with founders
🇪🇪 Spindl, Raising 2m€ in a Seed Round, a next generation delivery native restaurant operating system built with a suite of interconnected tools. Launched in early 2023. Monthly order volume grew from €150,000 to over €1M. Recent partnership with Balti Jaama Turg, adding 25 restaurants/cafes as clients.
Currently raising a seed round and looking for a lead investor to help expand beyond Estonia and Finland. Previously raised pre-seed funding from Icebreaker. Notable clients include top restaurants in Estonia and Finland.
Intro request: Interested to get in touch with founders
🇱🇹 Integral Solutions, Raising 500k€ in a Pre-Seed Round, a probiotic solutions for longevity and performance. Focus on gut-brain health using AI and CRISPR genome engineering technologies.
Recurring revenue from Integral Biotics® EasyMind® sales. Nutralngredients Probiota Pioneers 2023 winners. Multiple international partnerships and speakers at health and biotech international conferences.
Intro request: Interested to get in touch with founders
🇪🇪 Elnora, Raising 2m€ in a Seed Round, developing a SaaS platform for antiviral drug discovery using AI. Targets host cells to create antivirals resistant to viral mutations.
Founded in September 2023. MVP development and first SaaS users. Partnership with pharma and testing targets in wet lab for RSV and Influenza.
Closed a Pre-Seed round in the beginning of the year, adjusted the course and now ready to go after a bigger round.
Intro request: Interested to get in touch with founders
🇱🇹 GetFunded, Raising 100k€ in a Pre-Seed Round, a EU financing platform using AI to simplify the financing process. Offers personalized EU financing options, reducing commission fees and speeding up the process.
Received EU funding for 85k and completed the Fil Rouge Capital acceleration program. Developed a tool that allows businesses to see all custom funding options available to them.
Intro request: Interested to get in touch with founders
🇱🇻 Fintelligence, Raising 250k€ in a Pre-Seed Round, provides a reputation checking tool designed to gather and analyze publicly available information about potential customers or partners, focusing on negative aspects that could impact potential cooperation.
Successfully completed testing with two prominent law firms in the Baltics, with one law firm agreeing to use the system. Engaging with KYC platform holders and banks for solution testing. Notable differentiation includes competitive pricing, leveraging Google's commercial access for wider information gathering, and a graph project for analyzing information across customer groups.
Intro request: Interested to get in touch with founders
🇱🇹 AskToSell, Raising 500k€ in a Pre-Seed Round, a latform for companies with 1,000+ customers to cover their entire SMB portfolio with dedicated Autonomous Agents that proactively retain, expand, and recover revenue.
Paid customers include Apollo Group and Creditinfo. Selected use cases from the sales pipeline include Deel, Shopify, and Eventbrite.
Looking for 18 months of financing to iterate the product and deploy 120 Autonomous Agents to reach $1M ARR. €4.5M pre-money valuation.
Intro request: Interested to get in touch with founders
🇫🇮 ForteAI, Raising 1m€ in a Pre-Seed Round, an AI platform specialized in job seeking, job application processes, career planning, recruitment, and talent resources.
Strong early traction with job seekers and B2B demand from software/consulting companies. More than 50 businesses on the waitlist representing 100,000+ talents. First B2B customers in closed beta.
Raising €1m pre-seed funding round. Initial investors include YES VC and Redstone.
Intro request: Interested to get in touch with founders
🇱🇻 Tipcall, Raising 1.3m€ in a Pre-Seed Round, aims to become the world's No.1 platform for consultants, offering video call quality, calendar UX, and hassle-free billing to monetize expertise.
Launched a beta product in Q4 2023, plans to acquire first paying customers in Q2 2024, and aims for U.S. expansion by Q4 2025. Has a free version available now, with individual and enterprise subscriptions launching in November 2024 and February 2025, respectively.
Intro request: Interested to get in touch with founders
🇱🇻 Fermentful, Raising 300k€ in a Pre-Seed Round, offers fermented plant-based dairy drinks made from organic green buckwheat, which are dairy-free, gluten-free, soy-free, and rich in probiotics.
Achieved listing in high profile retail chains in Latvia and Austria. Strong pipeline of ongoing negotiations with retail chains in Baltics, Poland, Switzerland, and other export markets. Regular monthly sales of approx. €5k.
Intro request: Interested to get in touch with founders
🇪🇪 Lawato, Raising 330k€ in a Pre-Seed Round, a modular platform to transform admin work for lawyers. Legal Practice Management and Legal Super App to boost efficiency 5-10X with smart modules including ML, AI, and NLP features. Completed MVP. Onboarded initial users. 1 paying client and 18 trial clients.
Intro request: Interested to get in touch with founders
🇫🇮 Eiffels, Raising 250k€ in a Pre-Seed Round, digital platform aiming to reform construction supply and demand by organizing collaboration in the digital space, featuring trustee matching algorithms, pro messenger & site chats, e-signatures & reporting, and a one-stop-shop for construction industry needs.
Intro request: Interested to get in touch with founders
🇪🇪 HassleRaccoon, Raising 300k€ in a Pre-Seed Round, developing a global HR platform to ease international labor market mobility, seeking a financial partner to move forward. Entering a global job placement market valued at $777.55 billion in 2024, with a focus on simplifying global workforce mobility.
Intro request: Interested to get in touch with founders
🇱🇹 Hoperfy, Raising 500k€ in a Seed Round, is seamlessly handles travel arrangements, complicated reporting, and accounting for a hassle-free business journey, offering solutions for both opportunity and recurring clients, including event-specific travel services and comprehensive travel planning and support for business travellers.
Intro request: Interested to get in touch with founders
🇪🇪 Fairown, Raising 5M€ in a Pre-Series A Round, it let’s you own things on your own terms. They work with leading brands and retailers. This is a convenient way to own electronics, hobby equipment, or anything that is expensive or you only need it for a couple of years.
Entered Germany and are active in 9 countries. Fairowns customers are large enterprises Stihl, Apple, LG, Komplett, and Euronics.
Big part of the round is together as of today.
Intro request: Interested to get in touch with founders
🇫🇮 Step2Fit, Raising 300k€ in a Pre-Seed Round, developed by a fitness professional with 15 years of experience. This experience provides a clear perspective on how coaches use their time and how time management could be improved. They operate actively in the field and gather feedback, constantly bringing in innovations to ensure that our customers benefits even more from S2F.
Being the market leader in Finland. Things are progressing rapidly in Sweden, and they started in Norway at the beginning of this year. Secured significant partners operating internationally
Intro request: Interested to get in touch with founders
🇱🇻 NexALL, Raising 650k€ in a Seed Round, a CRM and case management system for lawyers. SaaS, B2B, LegalTech, Web platform. Traction includes 10 law offices, 93 users, and approximately 1800 EUR per month in revenue.
Fundraising for a pre-seed round of 650k EUR, with 300k EUR still needed. Business model based on subscription fees, with a monthly fee of 40 EUR per user.
Intro request: Interested to get in touch with founders
🇱🇻 Sen-Vision, Raising 300k€ in a Bridge Round, an analytical complex with five modules, aims to reduce retail losses and increase sales by recognizing key incidents and breaches leading to losses. The anti-theft module is the first to be developed.
Raised €57,000 in pre-seed round and €110,000 in pre-alpha version. Achieved 85% theft detection rate in test environment. Plans to complete development of anti-theft module by end of 2024.
Intro request: Interested to get in touch with founders
🇱🇹 Beesure, Raising 500k€ in a Seed Round: beesure offers embedded insurance solutions. Expansion from Baltics to Poland, first distribution partner launched - Loando. In talks to become Embedded Insurance technology provider for AXA in Finland. Currently launched operations Poland. Company generating ca.25k€ in revenue monthly.
Intro request: Interested to get in touch with founders
🇪🇪 Monemon, Raising a 1m€ in a Seed Round: Monemon, a Gen-Z targeted 'bank' concept, uses gamification and entertainment to make money management fun. Product launch planned for summer. Already backed by several investors, looking to develop relationships with additional investors. “ Gamifying money management for Gen-Z with a fun, engaging 'bank' concept.”
Intro request: Interested to get in touch with founders
🇱🇹 Quanted, Raising a 320k€ in a Pre-Seed Round: Quanted is a stock market data research software for traders. It reduces the time, money, and resources needed to research the markets, develop trading strategies, and get alerted in real-time. The software provides access to a large amount of research-ready data instantly, uses no-code filters and natural language for data research and analysis, and allows traders to research data, build trading strategies, and be alerted in real time when market conditions align.
Quanted has 33 recurring users and has generated $26,000 to date. It has customers from professional trading firms in the US, including Seven Points Capital.
Intro request: Interested to get in touch with founders
🇱🇹 Okredo, Raising a 2m€ in a Seed Round: Okredo, an open data platform for SME's risk management and sales increase. Reduces late payments costs 9 times, covering all stages of client's lifecycle.
Significant traction from 2 small countries, with 1.8M EUR invested by EU VC funds, 2.2M Google impressions, 25,000 freemium registered users, and 6,500 strong & diversified client portfolio. 20+ experienced sales & IT team, with 15,000 IT hours invested into scalable platform.
Intro request: Interested to get in touch with founders
🇪🇪 MindChip, Raising a 1.5m€ in a Seed Round: MindChip, a deep tech company, develops and produces the modular Artificial Captain (AC) unit for autonomous navigation of both manned and unmanned surface vessels. Founded in 2018 in Kuressaare, Estonia, the company has invested about 1.3 MEUR into product development and delivered its first AC-equipped autonomous vessel in 2023. The company is ready to expand its sales to the European markets and beyond.
Intro request: Interested to get in touch with founders
🇱🇹 Tiings, Raising a 500k€ in a Seed Round: Tiings is a sustainability marketplace focusing on tech-powered clothing repairs. It provides a platform for product lifecycle extension, starting with clothing repairs, and aims to become a one-stop-shop for product lifecycle extension.
Tiings launched its MVP in February 2024 in Vilnius. Since its public launch, it has received 137 paid orders and generated over 5000 euros in revenue. The company has also signed its first third-party merchant partner, JOGLE, and has a 100% customer happiness rate.
Tiings is currently building the merchant gateway MVP to validate the supply side and complete the open marketplace model. The company plans to launch Tiings 2.0, the marketplace, in Q3 2024. The new version will include features such as a fully functioning merchant profile, service selection & order distribution, and fully integrated local delivery services & payment options.
Intro request: Interested to get in touch with founders
🇱🇻 Affire, Raising 650k€ in Pre-Seed Round: Affire, a SaaS operations management platform, centralizes and automates SaaS management. Provides insights into SaaS usage, access, and license expenditures, enabling optimization of spending and informed decision-making. MVP ready.
SaaS market expected to grow from $120.4 billion in 2021 to $236.6 billion by 2028, with SaaS spend growing 15-20% annually. Affire targets medium-sized businesses (100-500 employees), particularly those that are fast-growing, hybrid/remote, and use at least 30+ SaaS apps.
Seeking $650k pre-seed investment to develop full product, hire additional technical team members, and onboard first paying customers.
Demo Call: https://www.youtube.com/watch?v=E_u-KecCbIw
Intro request: Interested to get in touch with founders
🇪🇪 Investor 2.0, Raising 250k€ in a Pre Seed Round: Investor 2.0 provides a fully equipped low-cost service - an Investment Purpose Vehicle (IPV) for investors to access open and private financial markets. The IPV is an Estonian legal entity, offering automated accounting, consolidated portfolio dashboard, and community education among other features.
The startup targets Generation Z investors, offering a fresh, forward-thinking service. It also partners with investing platforms and brokers to reduce their cost of due diligence by onboarding a pre-checked and framed IPV with an LEI code.
Investor 2.0 is seeking €250k in pre-seed funding to support key areas such as administrative department, customer support, office space, community growth, and product build.