Venture Capital Firms in Estonia

Angel Roster lists 25 venture capital firms based in Estonia. The most common stage is Seed.

Investors listed
25
With verified email
16%
Most common stage
Seed
Top location
Estonia

Updated October 27, 2026 · How we compile this data

Top 25 venture capital firms in Estonia

The most complete profiles first. Showing 25 of 25.

  • Margus UudamVerified

    Venture Capital, Growth Operator, Private Equity Firm · Estonia

    Health CareTelecommunicationsHospitalsE-commerce

    Portfolio: Xolo, Realeyes, Sonarworks, Lucinity and 11 more

    Verified email available

  • Dag Ainsoo

    Venture Capital, Private Equity Firm, Angel/Individual · Estonia

    CrowdfundingAdvertisingE-commerceDeepTechEnterprise Software

    Portfolio: Haystack TV, PRENAV, HOOKED, Service and 63 more

    Contact details available

  • Kristjan Kalda

    Venture Capital, Private Equity Firm · Estonia

    Health CareE-commerceDatabasesWomen Founded

    Portfolio: Amateks, STENDERS, Zetcom SIA, UPRENT and 30 more

    Contact details available

  • Marili Merendi

    Venture Capital · Estonia

    Health CareTelecommunicationsHospitalsE-commerce

    Portfolio: Xolo, Realeyes, Sonarworks, Lucinity and 11 more

    Contact details available

  • Marko Oolo

    Venture Capital, Accelerator, Micro VC · Estonia

    Autonomous VehiclesE-commerceComputer VisionHR Tech

    Portfolio: nwo.ai, Salv, Sonarworks, Tribe Theory and 20 more

    Contact details available

  • Oliver Kullman

    Venture Capital, Private Equity Firm · Estonia

    Health CareE-commerceDatabasesWomen Founded

    Portfolio: Amateks, STENDERS, Zetcom SIA, UPRENT and 30 more

    Contact details available

  • Peeter Saks

    Venture Capital, Private Equity Firm · Estonia

    Health CareE-commerceDatabasesWomen Founded

    Portfolio: Amateks, STENDERS, Zetcom SIA, UPRENT and 30 more

    Contact details available

  • Rainer Sternfeld

    Venture Capital, Accelerator, Micro VC · Estonia

    Autonomous VehiclesE-commerceComputer VisionHR Tech

    Portfolio: nwo.ai, Salv, Sonarworks, Tribe Theory and 20 more

    Contact details available

  • Rait OjasaarVerified

    Venture Capital, Private Equity Firm, Finance Operator · Estonia

    SeedEstonian StartupsE-commerceEnterprise SoftwareAndroid

    Portfolio: Planet42, Outvio, Fyma, INZMO

    Verified email available

  • Tim HeathVerified

    Venture Capital, Private Equity Firm, Angel/Individual · Estonia

    CryptocurrencyInformation Technology (IT)SoftwareCasino

    Portfolio: Betsio, Coolbet, BlockEx, Coingaming Group

    Verified email available

  • Gerri Kodres

    Venture Capital, Founder, Angel/Individual · Estonia

    SeedPaymentsCybersecurityCredit IndustryBanking

    Portfolio: CybExer Technologies, Nordigen, Fractory, PayQin

    Contact details available

  • Ivar SiimarVerified

    Venture Capital, Private Equity Firm, Angel/Individual · Estonia

    SeedEarly Stage VentureEnterprise SoftwareInfrastructureAndroidEducation

    Portfolio: Planet OS

    Verified email available

  • Rauno Miljand

    Venture Capital, Private Equity Firm, Investor · Estonia

    SeedWellnessArtificial Intelligence (AI)Consumer HealthProductivity Software

    Portfolio: Micropsi Industries, ElFys, Sequential Skin

    Contact details available

  • Kaidi Ruusalepp

    Venture Capital, Angel/Individual · Estonia

    SeedEnterprise SoftwareTrading PlatformStartupsInformation Technology (IT)

    Portfolio: Funderbeam

    Contact details available

  • Karina Univer

    Venture Capital, Private Equity Firm, Angel/Individual · Estonia

    SeedEarly Stage VentureDeepTechEnterprise SoftwareAppsInformation Technology (IT)

    Portfolio: ImagiLabs

    Contact details available

  • Yrjö Ojasaar

    Venture Capital, Private Equity Firm, Finance Operator · Estonia

    SeedEstonian StartupsE-commerceEnterprise SoftwareAndroid

    Portfolio: FanSifter

    Contact details available

  • Alexandra Balkova

    Venture Capital, Investor · Estonia

    SeedEnterprise SoftwareInvestment ManagementClean TechnologySocial Impact

    Contact details available

  • Iryna Krepchuk

    Venture Capital, Private Equity Firm, Investor · Estonia

    SeedEnterprise SoftwareAndroidEducationArtificial Intelligence (AI)

    Contact details available

  • Liis Hiie

    Venture Capital, Private Equity Firm, Investor · Estonia

    SeedEnterprise SoftwareAndroidEducationMarketplace

    Contact details available

  • Mikk Orglaan

    Venture Capital, Advisor, Angel/Individual · Estonia

    SeedPre-SeedTransportationCRMSmall and Medium BusinessesMarketplace

    Contact details available

  • Raimond Russak

    Venture Capital, Investor · Estonia

    SeedClean TechnologySocial Impact

    Contact details available

  • Riivo Anton

    Venture Capital, Founder, Private Equity Firm · Estonia

    SeedDeepTechEnterprise SoftwareCryptocurrencyProductivity Software

    Contact details available

  • Samela Kivilo

    Venture Capital, Private Equity Firm, Investor · Estonia

    SeedDeepTechEnterprise SoftwareMarketplaceProductivity Software

    Contact details available

  • Tim Vaino

    Venture Capital, Angel/Individual, Investor · Estonia

    SeedEnterprise SoftwareConsumer Internet

    Contact details available

  • Siim Teller

    Venture Capital, Private Equity Firm, Angel/Individual · Estonia

    Angel InvestmentSoftwareProductivity SoftwareReviews and Recommendations

    Portfolio: Wowflow

    Contact details available

Frequently asked questions

How many venture capital firms in Estonia are on Angel Roster?

Angel Roster lists 25 venture capital firms in Estonia. 4 of them (16%) include a verified email address.

Are venture capital firms in Estonia also listed as other investor types?

Some are. The most common other types among them are Private Equity Firms (16), Angel Investors (10) and Micro VC Firms (4). An investor can have more than one type, for example an angel who is also a venture partner.

Which stages do venture capital firms in Estonia invest in?

Among those that list a stage, the most common are Seed (15), Early Stage Venture (2) and Pre-Seed (1).

Which companies have venture capital firms in Estonia backed?

The most-backed portfolio companies among them are Sonarworks (4), KOOL Latvija (3), Trafi (3), Eurakras (3) and TrueCare24 (3).

How do I contact venture capital firms in Estonia?

Create a free Angel Roster account to search and filter all 25, then unlock verified emails and LinkedIn profiles on a paid plan. Every plan starts with a 3-day free trial.