Hi Founder! We’re Inovo, a seed-stage VC focused on CEE startups. We love founders — especially ones who aren’t afraid to dream big. If you want to build a company with $100M+ revenues – reach out to us!
What do we search for
This is our first ticket size. We do follow-ons up to €10m for individual portfolio companies, and we can do €100-250k ”discovery tickets” in special cases.
We invest mainly at the Seed stage (occasionally earlier or later). Our ticket allows us to make some Pre-Seed and Series A investments too.
We have a GEO focus, invest in startups all over Central and Eastern Europe, and founders from this region who are building startups anywhere in the world. The CEE region includes the following countries: Ukraine, Poland, Romania, Czech Republic, Hungary, Serbia, Bulgaria, Slovakia, Croatia, Bosnia and Herzegovina, Albania, Lithuania, North Macedonia, Slovenia, Latvia, Kosovo, Estonia, Montenegro.
YOU:-) We are excited by ambitious founders, large markets, and products that clients love and are just 10x better than anything else on the market. See our “Industry: Multi-vertical” section above.
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How to contact you?
Can Inovo lead my round?
Yes, we can lead Pre-Seed / Seed rounds. Our ticket is usually too small to be a lead at Series A, but we can still participate. We can lead rounds, co-lead, and be a non-leading investor.
Are you interested in SAFE/convertible notes?
Yes. We can invest and have already invested in Equity rounds, SAFE notes, and convertibles.
What happens if you invest in my startup and it fails?
It’s OK to fail, and if you don’t deliver the desired outcome or go bankrupt—that’s fine. We prefer teams with the ambition to deliver something amazing that failed over teams producing results below their potential.
What’s your fund size/vintage year/number of portfolio companies?
We are currently investing from our Fund III
- Vintage: 2022
- Size: Target size €80-100m (still pre-final close)
- Targeted number of portfolio companies: 20
- Vintage: 2018
- Size: €54m
- Number of portfolio companies: 20 + 5 scouting
- Vintage: 2014
- Size: €8m
- Number of portfolio companies: 15
Why is your website so simple?
We are founders-first, and this website is optimized for their convenience. It’s as brief as possible and has all the data points that founders gather about VCs before talking to them. If you’re a VC-backed startup founder and think something important is missing, feel free to message Tomasz Swieboda about it.
What’s your office address?
We are remote first, but still, we have some offices:
ul. Wspólna 35 lok. 23 (PH1)
00-519 Warsaw, Poland
Jan van Goyenkade 8
1075 HP Amsterdam, the Netherlands
2 Place de Strasbourg