Top 20 investors in Central-Eastern Europe that took part in the most funding rounds in E-Commerce industry over the recent years

Intro

The top 20 investors according to the total amount of funding rounds. These are VC funds and corporate investors in Central-Eastern Europe that have invested over the last 3 years. They are actively investing in E-Commerce industry.
E-Commerce is about buying and selling goods and services over the internet. It includes online auctions and marketplace, price comparison, and consumer reviews.

Amount of funding rounds in E-Commerce is 77, which is 8.8% of the total amount of rounds in Central-Eastern Europe over the last 3 years.

Top 20 investors in Central-Eastern Europe that took part in the most funding rounds in E-Commerce industry over the recent years
data provided by Unicorn Nest

Key takeaways

• Funds Geography – The most common country among top VCs is Poland which hosts 6 funds. There are also funds from Hungary, Estonia and Lithuania. There is an equal amount of VCs in Tallinn and Budapest which host 4 funds each. There are also funds from Warsaw and Vilnius. VCs tend to invest in startups from Poland, but also invest in startups from Hungary, Estonia, and Lithuania. For the majority of the funds, the country of the funds’ establishment and the country of their most frequent investments coincide.
• Industry Focus – The funds’ most common field for investments is Finance. They also invest in Gamification, Business Development and Telecommunications.
• Important Years – The oldest fund in the sample was founded in 1989 and the newest one in 2020. In 2018 the most amount of funds were founded. VCs in the sample made the most deals in the period from 2011 to 2021. For some funds, 2020 was the year with the most amount of deals.
• Investments – Usually VCs take part in 2 funding rounds per year, sometimes in 2 – 6. The minimum number of funding rounds for VCs in the sample is 4, the maximum is 350. Average number of funding rounds is 46.6 while median is 17.0. The most common amount of funding rounds for VCs in the sample is 13. Minimum amount of lead investments for funds is 0 and maximum is 44. Average amount of lead investments is 6.0 while median is 2.0. The most common amount of lead investments is 1. Index of difference in percentage points of lead investments from the average is between -40.23 and 29.0 for funds in the sample. The average value for this difference is 11.69 and the median is 17.6. It means that these funds act as lead investors more often than other funds. The most common value is 29.0.
• Typical Rounds – Seed and Early stages are more common for funds in the sample. Venture and Late stages are less common. VCs usually participate in rounds with 1 – 2 investors. Less often in rounds with 2 – 3 investors. The most common round size for VCs in the sample is less than 100 thousands. Less common range is 100 thousands – 1 million. A Funds’ average multiplicator for portfolio companies at the last known valuation is close to zero at minimum and 135.63 at maximum. Average value for this multiplicator is 7.71 and median is 0.08. The most common multiplicator value is close to zero.