Estonia · Investor

Specialist VC

Last cheque observed Jun 2026; 40 cheques on record.

Deploying nowVC firm

Pre-seedSeedSeries AB2BSaaSFintech

Deploying now
38%of best year6cheques in 12 months, 40 on record
Since the last cheque152days00hrs00min00sec
Median round$2.3MCheque size, as they say$3.0M – $3.2MRounds led1 of 40Sole investor6 roundsMostly inEstonia, 68%
Pitch Specialist VC

Specialist VC highlights

  1. 01

    6 cheques in the last 12 months

  2. 02

    Mostly Seed and Venture: 58% of its rounds

  3. 03

    Sole investor in 6 rounds, median $1.1M

What they do

We are a venture capital fund supporting forward-thinking founders from Estonia, Latvia, Lithuania, Finland and Ukraine.From their own website
Type
VC firm
Cheque size
$3.0M – $3.2M as they say
Stages
Pre-seedSeedSeries A
Sectors
B2BSaaSFintech
Based in
Tallinn, Estonia
Cold pitches
Not stated

The record

Every round we can evidence, newest first40 appearances

  1. 2026

    3 rounds

  2. Jun
    Nanordica MedicalVenture · EE · Firms' own news pages$1.8MWith 7 others
  3. Feb
    CyberUpgradeSeries A · LT$7.1MWith 2 others
  4. Jan
    AgiledaySeries A · FI$7.5MWith 3 others
  5. 2025

    15 rounds

  6. Nov
    Vocal ImageSeed · EE · Crunchbase News$3.6MWith 2 others
  7. Nov
    YagaPre-seed · EE · Firms' own news pages$4.6MLed
  8. Nov
    Leil StorageSeed · EE$1.7MSole investor
  9. Oct
    Starship TechnologiesSeries C · US$50MWith 3 others
  10. Oct
    SeraSeed · EE$1.8MSole investor
  11. Aug
    Better MedicinePre-seed · EE · TechStartups$1.2MWith 4 others
  12. Aug
    SensusQEE$209KWith 1 other
  13. Jul
    LightyearSeries B · GB · NordicNinja (JB Nordic Fund I)$23MWith 12 others
  14. Jul
    VOOLSeed · EE$1.8MWith 2 others
  15. Jul
    Vok BikesSeries A · EE$5.9MWith 3 others
  16. Jun
    FlowstepSeed · GB · Tera Ventures$2.6MWith 8 others
  17. Jun
    Banani AIVenture · USUndisclosedWith 2 others
  18. Jun
    AIATELLASeed · FI$2.3MWith 1 other
  19. May
    eAgronomVenture · EEUndisclosedWith 1 other
  20. Jan
    GridioSeed · EE$2.5MWith 1 other
  21. 2024

    9 rounds

  22. Nov
    MirosPre-Series A · EE · EBRD Venture Capital$6.6MWith 6 others
  23. Nov
    CyberUpgradeSeed · LT$2.6MWith 2 others
  24. Oct
    BitefulPre-seed · EE$83KWith 1 other
  25. Sept
    CertificVenture · EE$778KWith 3 others
  26. Apr
    SupersimplePre-seed · EE$2.2MWith 1 other
  27. Mar
    SalvVenture · EEUndisclosedWith 4 others
  28. Feb
    Bob WSeries B · FI$43MWith 3 others
  29. Feb
    Kingdom TechnologiesVenture · GB$1.8MWith 3 others
  30. Jan
    CybExer TechnologiesDebt · EE$1.6MSole investor
  31. 2023

    7 rounds

  32. Dec
    PayQinVenture · GBUndisclosedWith 6 others
  33. Dec
    SalvVenture · EE$4.3MWith 4 others
  34. Nov
    FlowstepPre-seed · EE · Firms' own news pages$805KWith 2 others
  35. Nov
    BilancePre-seed · EE$321KSole investor
  36. Oct
    Gearbox BiosciencesPre-seed · EE$399KSole investor
  37. May
    Value.SpaceSeed · EE$2.3MWith 3 others
  38. Jan
    GrúnfinSeed · EE$2.2MWith 2 others
  39. 2022

    3 rounds

  40. Dec
    LightCode PhotonicsVenture · EEUndisclosedWith 3 others
  41. Jul
    YeraSeed · EE$545KSole investor
  42. Feb
    FoodDocsVenture · EE$2.4MWith 1 other
  43. 2021

    1 round

  44. Feb
    xoloSeries A · DE$3.9MWith 1 other
  45. 2020

    1 round

  46. Sept
    OutfunnelPre-seed$2.5MWith 3 others
  47. 2019

    1 round

  48. Mar
    SupervaisorPre-seed$1.3MWith 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 4 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)

41 of 60 we have independently watched raise

AgiledayAiatellaBettermedicineBitefulBobwBoltCertificClickandgrowComoduleEagronomEpicbriefExit to Cake EquityExit to PockitExit to Quantum SystemsFlowstepFooddocsFractoryGearboxGiraffe360GridioInzmoKiloKoosMeetfrankMemoryosMirosMontonioPatchstackSalvSonarworksStarshipStartupwiseguysSupersimpleTimbeterTwicecommerceVeriffVocalimageVokbikesVoolXoloYagaAmorphousBananiBilanceappCodemagicCoplaCustCybexerDrhouseExitExit to GoCardlessExit to JetbeepExit to MTGExit to PipedriveExit to SiteMinderLeilLightyearNanordicaProcurliProject closedand 6 more

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.

Who they invest alongside

The investors most often in the same rounds as Specialist VC. A count of rooms they were both in, not a relationship either has claimed.

Recently backed

The latest companies Specialist VC put money into.

Quick answers about Specialist VC

What does Specialist VC invest in?

Specialist VC invests most often at Seed and Venture (58% of the rounds on record), in sectors such as B2B, SaaS and Fintech.

How active is Specialist VC?

40 investments on record, 6 of them in the last 12 months, and it led 1. The most recent was in Jun 2026.

What has Specialist VC invested in recently?

Its most recent investments on record: Nanordica Medical (Venture, Jun 2026), CyberUpgrade (Series A, Feb 2026) and Agileday (Series A, Jan 2026).

How big are Specialist VC's cheques?

The median round it joins is $2.3M. It says it writes cheques of $3.0M to $3.2M.

Does Specialist VC lead rounds?

Sometimes: it led 1 of its 40 investments on record (3%).

Where does Specialist VC invest?

Most of the companies it backs are in Estonia (68%), the United Kingdom (11%) and Finland (8%).

Is Specialist VC investing now?

Yes: it is actively investing, with 6 investments in the last 12 months.

Who does Specialist VC invest alongside?

Most often Superangel (10 rounds together), Startup Wise Guys (6 rounds together) and Metaplanet (4 rounds together).

Raising now?

Find the investors who back rounds like yours, and keep every conversation on one fundraising board.

Built from the rounds we watched, its filings and its own website, refreshed every night. How we count · Report a correction · Is this your firm? Claim it