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Gecad Ventures

Europe, Bucuresti, Romania, Bucharest

Description

Gecad Ventures operates as the venture capital arm of the Gecad Group, a prominent entity in the Romanian technology landscape with a history spanning several decades. Founded by serial entrepreneur Radu Georgescu, the Gecad Group gained significant international recognition for the sale of its RAV Antivirus technology to Microsoft in 2003, a landmark event that underscored the potential of Romanian tech innovation. Building on this legacy, Gecad Ventures was established to identify and nurture the next generation of high-tech companies, primarily focusing on the Central and Eastern European (CEE) region.

The firm's investment strategy is centered on early-stage companies, typically engaging in seed and Series A funding rounds. Gecad Ventures seeks out innovative startups that demonstrate strong potential for global scalability and disruption within their respective industries. While their primary geographical focus remains the CEE, they are particularly interested in businesses that can transcend local markets and achieve international reach. Their typical first cheque sizes generally range from €100,000 for seed-stage investments, extending up to €1,000,000 for more mature Series A opportunities, reflecting their commitment to providing foundational capital for growth.

Beyond financial investment, Gecad Ventures leverages the extensive experience and network of the Gecad Group to support its portfolio companies. This includes strategic guidance, operational expertise, and access to a broad ecosystem of industry contacts. Their long-standing presence in the tech sector, coupled with a deep understanding of the challenges and opportunities faced by CEE startups, positions Gecad Ventures as a valuable partner for entrepreneurs aiming to build globally competitive technology businesses. The firm plays a crucial role in fostering the regional startup ecosystem, contributing to its maturation and international recognition.

Investor Profile

Gecad Ventures has backed more than 23 startups, with 0 new investments in the last 12 months alone. The firm has led 5 rounds, about 22% of its total and boasts 9 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series Unknown, Series A rounds (top funding stages).
  • Majority of deals are located in Romania, United Kingdom, United States.
  • Strong thematic focus on Software, SaaS, Artificial Intelligence (AI).
  • Typical check size: $108K – $1.1M.

Stage Focus

  • Seed (74%)
  • Series Unknown (9%)
  • Series A (9%)
  • Private Equity (4%)
  • Pre Seed (4%)

Country Focus

  • Romania (48%)
  • United Kingdom (26%)
  • United States (22%)
  • Denmark (4%)

Industry Focus

  • Software
  • Saas
  • Artificial Intelligence (Ai)
  • E-commerce
  • Cloud Data Services
  • E-commerce Platforms
  • Ebooks
  • Mobile
  • Machine Learning
  • Enterprise Software
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does Gecad Ventures frequently co-invest with?

Day One Capital
Europe, Budapest, Hungary, Budapest
Co-Investments: 1
Techstars
North America, Colorado, United States, Boulder
Co-Investments: 1
SAATCHiNVEST
Europe, England, United Kingdom, London
Co-Investments: 1
Francisco Partners
North America, California, United States, San Francisco
Co-Investments: 1
3TS Capital Partners
Europe, Southern Finland, Finland, Helsinki
Co-Investments: 4
Catalyst Romania
Europe, Bucuresti, Romania, Bucharest
Co-Investments: 2
SeedBlink
Europe, Bucuresti, Romania, Bucharest
Co-Investments: 1
London Co-Investment Fund
Europe, England, United Kingdom, London
Co-Investments: 1
Playfair Capital
Europe, England, United Kingdom, London
Co-Investments: 1
Gapminder VC
Europe, Bucuresti, Romania, Bucharest
Co-Investments: 3

Which angels does Gecad Ventures often collaborate with?

LW
North America, California, United States, San Francisco
Shared Deals: 1
GJ
North America, New York, United States, New York
Shared Deals: 1
ND
North America, New York, United States, New York
Shared Deals: 1
MS
Europe, Bucuresti, Romania, Bucharest
Shared Deals: 1
BV
Europe, Bucuresti, Romania, Bucharest
Shared Deals: 1
PP
Europe, Luxembourg, Belgium
Shared Deals: 1
OP
North America, New York, United States, New York
Shared Deals: 1
VI
Europe, Romania
Shared Deals: 1
MR
North America, United States
Shared Deals: 1
MG
Europe, Bucuresti, Romania, Bucharest
Shared Deals: 1

What are some of recent deals done by Gecad Ventures?

Dataworks Research SRL

Bucharest, Bucuresti, Romania

Dataworks Research, doing business as Veridion, enriches business data by offering comprehensive insights through real-time updates.

Artificial Intelligence (AI)B2BBig DataCommercial InsuranceMachine Learning
SeedOct 20, 2020
Amount Raised: $1,500,000
FintechOS

London, England, United Kingdom

FintechOS is a fintech company that provides retail banking overview, personal lending, mortgage automation, and general insurance.

Artificial Intelligence (AI)Enterprise SoftwareFinancial ServicesFinTechInformation TechnologyInsurTechSoftwareVenture Capital
SeedMay 15, 2019
Amount Raised: $1,232,801
TypingDNA

Brooklyn, New York, United States

TypingDNA is a cybersecurity SaaS platform that offers authentication and fraud detection services.

Artificial Intelligence (AI)Cyber SecurityDeveloper APIsFraud DetectionIdentity ManagementSaaSSoftware
SeedJan 31, 2019
Amount Raised: $1,500,000
Gluru

London, England, United Kingdom

Gluru is an advanced analytical & predictive user data software company, making unstructured user data smart.

AnalyticsArtificial Intelligence (AI)Machine LearningSoftware
SeedNov 15, 2016
Amount Raised: $2,000,000
TypingDNA

Brooklyn, New York, United States

TypingDNA is a cybersecurity SaaS platform that offers authentication and fraud detection services.

Artificial Intelligence (AI)Cyber SecurityDeveloper APIsFraud DetectionIdentity ManagementSaaSSoftware
Pre SeedOct 31, 2016
Amount Raised: $200,000
Symphopay

Bucharest, Bucuresti, Romania

Symphopay connects all payments terminals of a merchant to a central platform transforming them in smart marketing machines.

Information TechnologyMarketingPayments
SeedApr 5, 2016
Amount Raised: $626,061
Smart Bill

Sibiu, Sibiu, Romania

Smart Bill is invoice software for small businesses.

BillingFinanceFinTechSaaSSmall and Medium BusinessesSoftware
SeedMar 9, 2016
Amount Raised: $1,099,918
Vector Watch

London, England, United Kingdom

Vector Watch designs and develops smart watches and wearable technologies.

Consumer GoodsWearables
Series UnknownNov 25, 2015
Amount Raised: $5,000,000
Gluru

London, England, United Kingdom

Gluru is an advanced analytical & predictive user data software company, making unstructured user data smart.

AnalyticsArtificial Intelligence (AI)Machine LearningSoftware
SeedJan 12, 2015
Amount Raised: $1,500,000
Vector Watch

London, England, United Kingdom

Vector Watch designs and develops smart watches and wearable technologies.

Consumer GoodsWearables
SeedJul 7, 2014
Amount Raised: $2,040,988