Investor Type | Firm |
Industries | Hospitality (& Events) • Media • BioTech • Businesses Solutions • FinTech (& Financials services) • Retail (& E-Commerce) • Sales (& Marketing) • Entertainment (& Sports) • IoT (& Wearables) • A.I. (& Big Data) • HealthTech (& Fitness) • Gaming (& eSports) • Future Of Work • Medical Devices (& Hospital Services) • Healthcare (& Wellness) • Consumer |
Stages | Seed, Series A, Series B |
Investing | United States • Bulgaria |
Investment Range | $100,000 - $5,000,000 |
Investment Sweet Spot | $1,500,000 |
Eleven Ventures is an early-stage venture capital firm based in Bulgaria that specializes in investing in promising technology companies in Central and Eastern Europe. They primarily focus on enterprises operating in sectors like Hospitality & Events, Media, BioTech, Business Solutions, FinTech & Financial Services, Retail & E-Commerce, Sales & Marketing, Entertainment & Sports, IoT & Wearables, A.I. & Big Data, HealthTech & Fitness, Gaming & eSports, Future of Work, Medical Devices & Hospital Services, Healthcare & Wellness, and Consumer. Their investment strategy is to provide seed to Series B-level funding, with a minimum investment of €100,000 and a maximum of €5,000,000. Their sweet spot for investment lies around €1,500,000. Through their funding and support, Eleven Ventures aims to empower 'local heroes' to build companies with the potential for global success. The name Eleven stems from the concept of escape velocity, which is approximately 11.2 km/s—the speed required for an object to break free from Earth's gravitational pull—symbolizing the fund's mission to propel startups beyond regional boundaries into the international arena. On their website, Eleven Ventures highlights a selection of their portfolio companies, showcasing a diverse range of innovative businesses such as Payhawk, Enhancv, SMSBump, Ebag, Boleron, Econic, Coursedot, Printivo, Productlead, and A4Everyone, each addressing unique market needs and shaping the future in different industries. They also spotlight their priority verticals, recognizing Fintech, Healthcare, the Future of Work, and Climate and Sustainability as industries that will shape our future. Additionally, Eleven Ventures collaborates with partners, like Visa, through the Visa Innovation Program to support fintech startups. Moreover, Eleven Ventures actively engages with its community of founders, mentors, and investors, fostering a collaborative environment for their portfolio companies and stakeholders.