Inovo VC

About The Fund

Inovo VC is a seed-stage venture capital firm that concentrates its efforts on startups in the Central and Eastern Europe (CEE) region and the CEE diaspora. They specialize in various industry verticals, including Software ranging from Web and Marketplaces to SaaS platforms, Business Solutions, FinTech and Financial Services, CleanTech, and Artificial Intelligence and Big Data. Inovo VC is committed to supporting founders who have the drive to establish companies with the potential to reach over $100 million in revenues, signifying their emphasis on scalable and high-growth potential businesses. Their investment tickets range from €0.5 million to €4 million, focusing primarily on the Seed stage of a company's development, though they are also equipped to fund at the Pre-Seed and Series A stages. Inovo displays a comprehensive offering for startups, including a rich portfolio that showcases their success stories, a dedicated team ready to engage with promising entrepreneurs, and value-adding services such as Talent Support. Additionally, they provide resources for founders, like their public Term Sheet, insights into the funding landscape, and educational materials to aid in pitching and due diligence processes. Inovo maintains a stance of being a founder-friendly VC fund, encouraging applications from young operators and founders, as well as openly sharing testimonials from CEOs of their portfolio companies who have positive experiences working with the firm. They promote simplicity and direct communication, evident in the FAQ section of their website, addressing common inquiries about their investment process, terms, and post-investment scenarios. Relevant to their investor profile, Inovo aligns their values with social responsibility, indicating that their operation benefits from support from the European Union under the InvestEU Fund and showing solidarity with current global events, such as their support for Ukraine.