# Gecad Ventures: portfolio, investments and team > Gecad Ventures is a vc firm based in Romania. 17 investments on record, latest May 2019. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/gecad-ventures (Millionrounds; every figure on the page links to its filing or article) Romania · [Investor](https://millionrounds.com/investors) # Gecad Ventures Last cheque observed May 2019. Silence since then is not evidence of inactivity: our sources miss unannounced rounds. Email VC firm Quiet Pre-seed Seed Series A Fintech Software AI Follow Gecad Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fgecad-ventures) Cheques on record **0%** of best year **0** **cheques in 12 months**, 17 on record Since the last cheque **2733** days **00** hrs **00** min **00** sec Median round **$1.4M** Rounds led **0 of 17** Sole investor **2 rounds** Exits **5 from the portfolio** Mostly in **Romania, 43%** Pitch Gecad Ventures ## Gecad Ventures highlights - 01 17 rounds on record - 02 Mostly Seed and Series A: 88% of its rounds - 03 Sole investor in 2 rounds, median $2.0M - 04 5 exits from the portfolio ## What they do > We firmly believe the next big thing can come from anywhere and should have access to best-in-class capital, and that’s why we support global-first companies from emerging ecosystems to expand to major tech hubs. From their own website - **Type:** VC firm (from a list, unverified) - **Cheque size:** Not stated - **Stages:** Pre-seed Seed Series A Series B - **Sectors:** Fintech Software AI - **Based in:** Bucharest, Romania - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **17 appearances** - **2019** 2 rounds - **May** **[FintechOS](https://millionrounds.com/company/fintechos)** Seed · RO · Finextra **$1.2M** With 2 others - **Jan** **[TypingDNA](https://millionrounds.com/company/typingdna)** Seed · RO · FinSMEs **$1.5M** With 1 other - **2014** 5 rounds - **Jul** **[Vector Watch](https://millionrounds.com/company/vector-watch)** Seed · GB **$2.0M** Sole investor - **Feb** **[Coinzone](https://millionrounds.com/company/coinzone)** Seed · US **$1.4M** With 1 other - **Jan** **[Gluru](https://millionrounds.com/company/gluru)** Seed · GB **Undisclosed** With 1 other - **Jan** **[PawSquad](https://millionrounds.com/company/pawsquad)** Seed · GB **$1.7M** With 1 other - **Jan** **[Soupologie](https://millionrounds.com/company/soupologie)** Seed · GB **Undisclosed** With 1 other - **2013** 1 round - **Jan** **[Avangate](https://millionrounds.com/company/avangate)** Growth · US **Undisclosed** With 2 others - **2011** 1 round - **Mar** **[Avangate](https://millionrounds.com/company/avangate)** Series A · NL · techcrunch.com **$5.5M** With 2 others - **2007** 1 round - **Nov** **[Axigen](https://millionrounds.com/company/axigen)** Series A · RO · axigen.com **$2.9M** With 3 others - **2006** 2 rounds - **May** **[Avangate](https://millionrounds.com/company/avangate)** Seed · US **$2.0M** With 1 other - **Jan** **[Smartree](https://millionrounds.com/company/smartree)** Seed **$200K** With 1 other - **2004** 2 rounds - **Sept** **[Axigen](https://millionrounds.com/company/axigen)** Seed · RO **$2.0M** With 1 other - **Jan** **[GECAD ePayment](https://millionrounds.com/company/gecad-epayment)** Seed · RO **$2.0M** With 1 other - **2003** 1 round - **Jan** **[OTOMED Medical Center](https://millionrounds.com/company/otomed-medical-center)** Venture **Undisclosed** Sole investor - **1994** 1 round - **Jan** **[RAV Antivirus](https://millionrounds.com/company/rav-antivirus)** Seed **$100K** With 1 other - **1992** 1 round - **Jan** **[GECAD NET](https://millionrounds.com/company/gecad-net)** Seed · RO **$1K** With 1 other An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team We hold **5** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## What they claim to have backed From their own portfolio page (on their website) **11** of 16 we have independently watched raise [Avangate](https://millionrounds.com/company/avangate)[Axigen](https://millionrounds.com/company/axigen)[Coinify](https://millionrounds.com/company/coinify)[Crikle](https://millionrounds.com/company/crikle)[Fintechos](https://millionrounds.com/company/fintechos)[Gecadnet](https://millionrounds.com/company/gecad-net)[Pawsquad](https://millionrounds.com/company/pawsquad)[Seedblink](https://millionrounds.com/company/seedblink)[Smartree](https://millionrounds.com/company/smartree)[Typingdna](https://millionrounds.com/company/typingdna)[Vectorwatch](https://millionrounds.com/company/vector-watch) Karehq Payu Smartbill Soleadify Symphopay Weaker than a round we watched, stronger than a list somebody sold us. A firm is far less willing to put a company on its own site that it never funded. ## Exits from the portfolio Companies it backed that were later bought or listed **5 in all** **[Axigen](https://millionrounds.com/company/axigen)** Bought by Modulo Consulting **Undisclosed** Jan 2014 **[Avangate](https://millionrounds.com/company/avangate)** Bought by [Francisco Partners](https://millionrounds.com/fund/francisco-partners) **Undisclosed** Oct 2013 **[GECAD ePayment](https://millionrounds.com/company/gecad-epayment)** Bought by [MIH](https://millionrounds.com/fund/mih) **Undisclosed** Oct 2010 **[Smartree](https://millionrounds.com/company/smartree)** Bought by [Enterprise Investors](https://millionrounds.com/fund/enterprise-investors) **Undisclosed** Apr 2010 **[RAV Antivirus](https://millionrounds.com/company/rav-antivirus)** Bought by [Microsoft](https://millionrounds.com/fund/microsoft) **Undisclosed** Jan 2003 An exit counts when it came after the firm's first round in the company. From historical deal records. ## The cheque Pre-seed Seed Series A Median round joined **$1.4M** the round, not its cheque Alone, median **$2.0M** Led 0 of 17 rounds **0%** - **Sole investor:** 2 rounds - **Last cheque:** May 2019 - **Exits:** 5 from the portfolio Rounds by stage said on their site - Seed said *13* - Series A said *2* - Growth *1* - Venture *1* - Pre-seed said *-* - Series B said *-* Cheques by year Led Joined 1992 2019 Often in the room with - [Radu Georgescu](https://millionrounds.com/fund/radu-georgescu) 13 - [3TS Capital Partners](https://millionrounds.com/fund/3ts-capital-partners) 2 **Pitching Gecad Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Gecad Ventures. A count of rooms they were both in, not a relationship either has claimed. [**Radu Georgescu** Angel **13** rounds together](https://millionrounds.com/fund/radu-georgescu)[**3TS Capital Partners** Private equity **2** rounds together](https://millionrounds.com/fund/3ts-capital-partners) ## Recently backed The latest companies Gecad Ventures put money into. [**FintechOS** $1.2M · May 2019](https://millionrounds.com/company/fintechos)[**TypingDNA** $1.5M · Jan 2019](https://millionrounds.com/company/typingdna) ## Quick answers about Gecad Ventures ### What does Gecad Ventures invest in? Gecad Ventures invests most often at Seed and Series A (88% of the rounds on record), in sectors such as Fintech, Software and AI. ### How active is Gecad Ventures? 17 investments on record, 0 of them in the last 12 months. The most recent was in May 2019. ### What has Gecad Ventures invested in recently? Its most recent investments on record: FintechOS (Seed, May 2019) and TypingDNA (Seed, Jan 2019). ### How big are Gecad Ventures's cheques? The median round it joins is $1.4M. ### Does Gecad Ventures lead rounds? Rarely, if at all: none of its 17 investments on record names it as the lead. ### Where does Gecad Ventures invest? Most of the companies it backs are in Romania (43%), the United Kingdom (29%) and the United States (21%). ### Is Gecad Ventures investing now? No investments in the last 12 months; the latest was in May 2019. ### Who does Gecad Ventures invest alongside? Most often Radu Georgescu (13 rounds together) and 3TS Capital Partners (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=gecad-ventures) · [Is this your firm? 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