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Venture capital
Estonia

Change Ventures

Investment focus

Sectors

AI
Consumer
Enterprise
SaaS

Investment stages

Pre-seed
Seed

Geographic focus

Europe
Estonia
Latvia
Lithuania

Investment thesis

First pre-seed and seed fund with presence in all three Baltic states. Backs ambitious Estonian, Latvian, and Lithuanian founders and diaspora building global companies.

Typical check size

€100k – €750k

Fund size: €49M (Fund II)

Browse similar check sizes →

Portfolio highlights

Veriff - AI identity verification platform (unicorn)
Printify - print-on-demand marketplace (10M+ merchants)
Modash - creator partnership and influencer marketing platform

Contact

www.changeventures.com
Estonia

Research with AI

Learn more about Change Ventures using AI:

Ask ChatGPTAsk Perplexity

Pitch guides

Learn what Change Ventures and similar investors look for:

AI pitch guideConsumer pitch guideEnterprise pitch guide

More investors in Estonia

Honey Badger CapitalKarma VenturesMetaplanetSiena Secondary FundView all in Estonia

Related resources

Pre-seed fundraising guidePre-seed pitch deck guideSeed fundraising guideSeed pitch deck guideSaaS pitch deck by modelGlossary: Term sheet
Fundraising in Estonia

Tips, programs, and cultural notes

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