Top 12 investors in Central-Eastern Europe with the biggest sum of Early funding rounds in Enterprise industry over the recent years

Intro

The top 12 investors according to the total money raised in the funding rounds. These are VC funds and corporate investors in Central-Eastern Europe that have invested in Early stage over the last 4 years. They are actively investing in Enterprise industry.
Enterprise industry supports every aspect of running a large-scale business. It includes project and product management, enterprise software, and data mining, as well as supply chain management, customer relations, and billing.

Amount of money raised in Enterprise funding rounds is $177.8M, which is 22.3% of the total amount of money raised in Early rounds in Central-Eastern Europe over the last 4 years.

Top 12 investors in Central-Eastern Europe with the biggest sum of Early funding rounds in Enterprise 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 3 funds. There are also funds from Ukraine, Poland and Romania. The most common city is Tallinn which is home to 3 funds. There are also funds from Kyiv, Warsaw and Vilnius. There is no investment geofocus for VCs in the sample. All of them invest in startups from different countries. 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 Industrial, Gamification and Business Development.
• Important Years – The oldest fund in the sample was founded in 1999 and the newest one in 2020. In 2016 the most amount of funds were founded. 2020 holds the most deals for 5 VCs. 2014, 2019 and 2018 were also fruitful. 2020 was the peak for successful exits. 2021, 2018, and 2017 are the runner ups.
• 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 94. Average number of funding rounds is 26.7 while median is 14.0. The most common amount of funding rounds for VCs in the sample is 4. Minimum amount of lead investments for funds is 0 and maximum is 7. Average amount of lead investments is 3.2 while median is 3.0. The most common amount of lead investments is 2. Index of difference in percentage points of lead investments from the average is between -21.0 and 29.0 for funds in the sample. The average value for this difference is 5.82 and the median is 6.78. It means that these funds act as lead investors more often than other funds. The most common value is -21.0.
• Typical Rounds – VCs usually participate in rounds with 1 – 2 investors. Less often in rounds with 3 – 4 investors. VCs in the sample have an average round size of less than 100 thousands or 1 – 5 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 14.91 and median is 2.01. The most common multiplicator value is close to zero.