# SaaS investors in Central and Eastern Europe (2026 list) > 21 saaS investors in Central and Eastern Europe, 100% active in the last 12 months. Led by Antler, Startup Wise Guys, Practica Capital. Source: https://millionrounds.com/lists/saas-investors-in-cee (Millionrounds; every figure on the page links to its filing or article) [Investor Lists](https://millionrounds.com/lists) # SaaS investors in Central and Eastern Europe Updated 7 November 2026 Firms observed backing a saaS company in Central and Eastern Europe in the last two years, wherever the firm is based. [See all 21 *→*](https://millionrounds.com/login?join=1&next=%2Fapp%2Finvestor-lists%2Fsaas-investors-in-cee)The top 21 **21** investors on the list No change this week **204** cheques in 12 months *-22%* against the market **$3.6M** median round they joined *-56%* against the market median **100%** wrote a cheque in 12 months **38%** have led a round ## The Top 21 Ordered by cheques observed, never by anything anyone paid for Deploying now (21) - 1 [Antler](https://millionrounds.com/fund/antler) *Deploying now* VC firm · United Kingdom **729** **$1M** median round **Nov 2026** last seen - 2 [Startup Wise Guys](https://millionrounds.com/fund/startup-wise-guys) *Deploying now* Accelerator · Estonia **237** **$551K** median round **Sept 2026** last seen - 3 [Practica Capital](https://millionrounds.com/fund/practica-capital) *Deploying now* VC firm · Lithuania **70** **$3M** median round **Nov 2026** last seen - 4 [Tekton Ventures](https://millionrounds.com/fund/tekton-ventures) *Deploying now* VC firm · United States **51** **$9M** median round **Oct 2026** last seen - 5 [Specialist VC](https://millionrounds.com/fund/specialist-vc) *Deploying now* VC firm · Estonia **40** **$2.3M** median round **Jun 2026** last seen - 6 [Educapital](https://millionrounds.com/fund/educapital) *Deploying now* VC firm · France **38** **$10M** median round **Jun 2026** last seen - 7 [Market One Capital](https://millionrounds.com/fund/market-one-capital) *Deploying now* VC firm · Luxembourg **10** **$5.1M** median round **Oct 2026** last seen - 8 [NGL Ventures](https://millionrounds.com/fund/ngl-ventures) *Deploying now* Angel network · Lithuania **7** **$2.2M** median round **Oct 2026** last seen - 9 [Inovo VC](https://millionrounds.com/fund/inovo-vc) *Deploying now* VC firm · Poland **5** **$5.7M** median round **Sept 2026** last seen - 10 [Silicon Gardens](https://millionrounds.com/fund/silicon-gardens) *Deploying now* VC firm · Slovenia **4** **$3M** median round **Oct 2026** last seen - 11 [Markus Villig](https://millionrounds.com/fund/markus-villig) *Deploying now* Angel **4** **$4.5M** median round **Nov 2026** last seen - 12 [Leonis Capital](https://millionrounds.com/fund/leonis-capital) *Deploying now* VC firm · United States **3** **$5.6M** median round **Oct 2026** last seen - 13 [Purple Ventures](https://millionrounds.com/fund/purple-ventures-2) *Deploying now* VC firm · Brazil **2** **$3.6M** median round **Oct 2026** last seen - 14 [Buildit Accelerator](https://millionrounds.com/fund/buildit-vc) *Deploying now* Accelerator · Latvia **1** **$292K** median round **Aug 2026** last seen - 15 [Garage Angels](https://millionrounds.com/fund/garage-angels) *Deploying now* Angel network · Czechia **1** **$1.1M** median round **Oct 2026** last seen - 16 [Adam Jafer](https://millionrounds.com/fund/adam-jafer) *Deploying now* Angel **1** **$5.7M** median round **Sept 2026** last seen - 17 [EstBAN angel investor syndicate](https://millionrounds.com/fund/estban-angel-investor-syndicate) *Deploying now* Angel network **1** **$292K** median round **Aug 2026** last seen - 18 [Fryd Wiatrowski](https://millionrounds.com/fund/fryd-wiatrowski) *Deploying now* VC firm **1** **$5.7M** median round **Sept 2026** last seen - 19 [Kaspar Tiri](https://millionrounds.com/fund/kaspar-tiri) *Deploying now* VC firm **1** **$5.7M** median round **Sept 2026** last seen - 20 [Martin Goroško](https://millionrounds.com/fund/martin-gorosko) *Deploying now* Investment firm **1** **$292K** median round **Aug 2026** last seen - 21 [Timmu Tõke](https://millionrounds.com/fund/timmu-toke) *Deploying now* VC firm **1** **$5.7M** median round **Sept 2026** last seen ## The Newest Cheques Rounds this list's investors joined most recently - **2** Nov **[Roleo](https://millionrounds.com/company/roleo)** Seed · $3.3M *Led by* [Practica Capital](https://millionrounds.com/fund/practica-capital) - **2** Nov **[Dispatch Network](https://millionrounds.com/company/dispatch-network)** Pre-seed · $527K *Led by* [Antler](https://millionrounds.com/fund/antler) - **2** Nov **[Sortrace](https://millionrounds.com/company/sortrace)** Seed · $800K *With* [Antler](https://millionrounds.com/fund/antler) - **29** Oct **[KineDB](https://millionrounds.com/company/kinedb)** Pre-seed · $946K *With* [NGL Ventures](https://millionrounds.com/fund/ngl-ventures) - **29** Oct **[Fronted](https://millionrounds.com/company/fronted)** Seed · $1.9M *With* [Antler](https://millionrounds.com/fund/antler) - **28** Oct **[Maasi](https://millionrounds.com/company/maasi)** Pre-seed · $631K *With* [Antler](https://millionrounds.com/fund/antler) ## Stages This Year 185 rounds - Seed **38%** - Pre-seed **35%** - Series A **12%** - Venture **6%** - Other **2%** - Other **7%** ## What They Backed Sectors, last 12 months - AI **92** - Software **12** - IT Services **12** - SaaS **12** - Big Data & Analytics **10** - Fintech **9** ## Cheques by Quarter Led Joined 64 Q1 25 60 Q2 25 78 Q3 25 87 Q4 25 51 Q1 26 48 Q2 26 41 Q3 26 23 Q4 26 The last bar is the quarter still running. ## Lists Like This - [AI investors in North America 3,859](https://millionrounds.com/lists/ai-investors-in-north-america) - [AI investors in Europe 2,283](https://millionrounds.com/lists/ai-investors-in-europe) - [Fintech investors in North America 1,309](https://millionrounds.com/lists/fintech-investors-in-north-america) - [Big Data & Analytics investors in North America 1,094](https://millionrounds.com/lists/big-data-investors-in-north-america) - [AI investors in Asia 1,047](https://millionrounds.com/lists/ai-investors-in-asia) - [Biotech investors in North America 1,001](https://millionrounds.com/lists/biotech-investors-in-north-america) - [Energy investors in North America 864](https://millionrounds.com/lists/energy-investors-in-north-america) - [Robotics investors in North America 848](https://millionrounds.com/lists/robotics-investors-in-north-america) - [Construction investors in North America 791](https://millionrounds.com/lists/construction-investors-in-north-america) [All investor lists *→*](https://millionrounds.com/lists) ## Reading for founders in b2b software and saas - Lean B2B: Build Products Businesses Want Étienne Garbugli · 2014 4.16 from 249 ratings on Goodreads B2B software and SaaS About the book www.leanb2bbook.com « This is a must read for every B2B entrepreneur, SaaS creator or consultant and business school student. It's the kind of book you don't read once, you go back to it on a regular basis. » - Carmen Gerea, CEO & Co-founder, UsabilityChefs Lean B2B helps… On AmazonListen on Audible - The Pricing Roadmap: How to Design B2B SaaS Pricing Models That Your Customers Will Love Ulrik Lehrskov-Schmidt · 2023 4.43 from 207 ratings on Goodreads B2B software and SaaS About the book "The definitive resource on SaaS pricing, I absolutely can not recommend this book enough." Viktor Heide, COO of Contractbook.com, Forbes "30 under 30" A foolproof method to achieve skyrocketing sales, growth, and profits for your software as a service (SaaS) product starts… On AmazonListen on Audible - Integrity: The Courage to Meet the Demands of Reality Henry Cloud · 2006 4.22 from 3,393 ratings on Goodreads B2B software and SaaS About the book Integrity. It is more than simple honesty. It's the key to success. A person with integrity has the -- often rare -- ability to pull everything together, to make it all happen no matter how challenging the circumstances. Drawing on experiences from his work with Fortune 500… On AmazonListen on Audible - Blueprints for a SaaS Sales Organization by Jacco vanderKooij Jacco van der Kooij · 2015 4.33 from 324 ratings on Goodreads B2B software and SaaS About the book Because of their very nature, SaaS companies live and die on revenue growth. And once the service is ready there is a very small window in which to scale. Missing that window is the difference between massive success and mediocrity. With such high stakes, it is crucial to get a… On AmazonListen on Audible More books for founders and investors on the [Reading List](https://millionrounds.com/reading-list?role=founder&model=b2b_software). As an Amazon Associate we earn from qualifying purchases. ## Quick answers about saaS investors in Central and Eastern Europe ### Who are the most active saaS investors in Central and Eastern Europe? By cheques observed, the most active are Antler, Startup Wise Guys, Practica Capital, Tekton Ventures and Specialist VC. ### How many saaS investors in Central and Eastern Europe are there? 21 are on record. 100% made an investment in the last 12 months and 38% have led a round. ### Which stages do saaS investors in Central and Eastern Europe back? Of the rounds with a named stage in the last 12 months, mostly Seed (42%) and Pre-seed (38%). ### How big are the rounds saaS investors in Central and Eastern Europe join? The typical (median) round among the leading investors here is $3.6M. ### Which sectors do saaS investors in Central and Eastern Europe back most? In the last 12 months, mostly AI, Software and IT Services. ### Which saaS investors in Central and Eastern Europe lead the most rounds? Antler (7 led), Practica Capital (5 led) and Market One Capital (4 led). ### Where are saaS investors in Central and Eastern Europe based? Among the most active, most are based in Estonia (2), Lithuania (2) and the United States (2). ### What have saaS investors in Central and Eastern Europe invested in recently? Recent rounds include Roleo (Seed, Nov 2026, with Practica Capital), Dispatch Network (Pre-seed, Nov 2026, with Antler) and Sortrace (Seed, Nov 2026, with Antler). Built from the rounds we watched, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections)