Top 11 investors in Central-Eastern Europe that took part in the most Seed funding rounds in Financial Services industry over the recent years

Intro

The top 11 investors according to the total amount of funding rounds. These are VC funds and corporate investors in Central-Eastern Europe that have invested in Seed stage over the last 2 years. They are actively investing in Financial Services industry.
Financial services are provided to people and companies. It includes accounting, audit, and tax services, as well as asset management, investment and financing advisory, and brokerage.

Amount of funding rounds in Financial Services is 30, which is 7.0% of the total amount of Seed rounds in Central-Eastern Europe over the last 2 years.

Top 11 investors in Central-Eastern Europe that took part in the most Seed funding rounds in Financial Services industry over the recent years
data provided by Unicorn Nest

Key takeaways

• Funds Geography – The most common country among top VCs is Estonia which hosts 5 funds. There are also funds from Poland, Hungary and Lithuania. The most common city is Tallinn which is home to 5 funds. There are also funds from Budapest, Vilnius and Sofia. VCs tend to invest in startups from Estonia, but also invest in startups from Poland, Hungary, and The United Kingdom. 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, Industrial and Business Development.
• Important Years – The oldest fund in the sample was founded in 1999 and the newest one in 2020. In 2012 the most amount of funds were founded. VCs in the sample made the most deals in the period from 2014 to 2021. For some funds, 2020 was the year with the most amount of deals.
• Investments – Usually VCs take part in 2 and in 2 – 6 funding rounds per year. The minimum number of funding rounds for VCs in the sample is 3, the maximum is 350. Average number of funding rounds is 63.2 while median is 18.0. The most common amount of funding rounds for VCs in the sample is 9. Minimum amount of lead investments for funds is 0 and maximum is 44. Average amount of lead investments is 8.8 while median is 5.0. 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 0.4 and the median is 5.12. It means that these funds act as lead investors more often than other funds. The most common value is -4.33.
• Typical Rounds – VCs usually participate in rounds with 1 – 2 investors. Less often in rounds with 2 – 3 investors. The majority of funds have an average round size of less than 100 thousands. Others have 100 thousands – 1 million. A Funds’ average multiplicator for portfolio companies at the last known valuation is close to zero at minimum and 0.62 at maximum. Average value for this multiplicator is 0.15 and median is 0.08. The most common multiplicator value is close to zero.