FIRSTPICK

What is FIRSTPICK?

FIRSTPICK is an investment fund that specializes in seeding emerging companies in various high-growth sectors. Their investment portfolio includes firms in Software, with a keen interest in Web Marketplaces, SaaS (Software as a Service), and Business Solutions which are pivotal in modern digital transformations of businesses.

In the realm of Financial Technology, they focus on FinTech companies as well as businesses offering comprehensive Financial Services that are innovating in the way finance functions.

The fund also invests in A.I. and Big Data, recognizing the transformative impact of intelligent analytics and data-driven decisions in contemporary industries. Web Security and Privacy are critical areas as well, with FIRSTPICK appreciating the significance of robust cybersecurity and privacy measures in our increasingly online world.

Their engagement in Gaming and eSports reflects a belief in the growing digital entertainment sector, while Impact investments underscore a commitment to companies with socially responsible missions. Additionally, they venture into DeepTech, supporting technological breakthroughs that could define the future of industry and society.

FIRSTPICK's investment amounts usually range from $50,000 to $250,000, with a sweet spot of approximately $125,000, typically targeting Pre-seed stage companies. The fund aims to back the most promising enterprises at the outset of their journey, providing the early support necessary for groundbreaking ideas to flourish.

What they say:

FIRSTPICK is a high-speed VC fund and an accelerator for tech startups in the Baltics.

What we look for: We invest in Fintech, SaaS, Deeptech and Consumer marketplaces, but are not limited to those. Our initial ticket is €50-€250K, but we can invest up to €1M into a single company through follow-on rounds. Idea stage startups can use our equity free grants to get started.

How we help: Founders access our bulletproof combo of investment and know-how through our pre-acceleration and acceleration programs. While founders train for the marathon, we are like coaches running by their side and supporting them from the idea to the growth stage. Our portfolio startups receive precious early market access, impactful partnerships, and deep expertise of the early stage.