Top 20 investors in Central-Eastern Europe with the biggest sum of Early funding rounds over the recent years

Intro

The top 20 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 5 years.

Amount of money raised in funding rounds in Central-Eastern Europe is $862.5M, which is 0.1% of the total amount of money raised in Early rounds over the last 5 years.

Top 20 investors in Central-Eastern Europe with the biggest sum of Early funding rounds over the recent years
data provided by Unicorn Nest

Key takeaways

• Funds Geography – The most common country among top VCs is Estonia which hosts 6 funds. There are also funds from Poland, Hungary and Lithuania. The most common city is Tallinn which is home to 6 funds. There are also funds from Budapest, Warsaw and Vilnius. VCs in the sample usually invest in Poland and Estonia. They also invest in Lithuania and Hungary. 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 Industrial.
• Important Years – The oldest fund in the sample was founded in 1999 and the newest one in 2019. In 2017 the most amount of funds were founded. VCs in the sample made the most deals in the period from 2013 to 2021. For some funds, 2018 was the year with the most amount of deals. 2020 was the peak for successful exits. 2018, 2021, 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 2, the maximum is 94. Average number of funding rounds is 22.6 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 13. Average amount of lead investments is 2.9 while median is 2.0. The most common amount of lead investments is 0. Index of difference in percentage points of lead investments from the average is between -71.0 and 29.0 for funds in the sample. The average value for this difference is 7.02 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 – Funding rounds with these VCs have 3 – 4 or 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 8.55 and median is 0.09. The most common multiplicator value is close to zero.