
Inovo VC
Description
Inovo VC is a leading venture capital firm based in Warsaw, Poland, with a strong focus on early-stage, post-traction technology startups across Poland and the broader Central & Eastern European (CEE) region. The firm distinguishes itself by seeking out companies that demonstrate significant growth potential, often aiming for a 100x return on investment. Their investment philosophy centers on identifying robust teams and scalable business models that have already achieved initial market validation and traction, positioning them for rapid expansion.
The firm typically participates in Seed and Series A funding rounds, providing crucial capital and strategic support to promising ventures. Inovo VC's initial cheque sizes are substantial, ranging from $0.5 million to $4 million, designed to fuel the early growth phases of their portfolio companies. Beyond the initial investment, Inovo VC is committed to supporting its startups through subsequent rounds, with the capacity to invest up to $10 million throughout a company's lifecycle, demonstrating a long-term partnership approach.
A significant milestone for Inovo VC was the recent closing of its third fund, which secured $100 million. This achievement not only solidifies their position as a major player in the CEE venture capital landscape but also marks it as one of the largest funds dedicated to early-stage tech investments in the region. Their impressive portfolio includes well-known names such as Booksy, a global leader in beauty and wellness scheduling software; Packhelp, a custom packaging provider; and Spacelift, a sophisticated infrastructure-as-code platform. These investments highlight Inovo VC's ability to identify and nurture companies that go on to achieve significant market presence and success, contributing to the vibrant tech ecosystem in CEE.
Investor Profile
Inovo VC has backed more than 66 startups, with 10 new investments in the last 12 months alone. The firm has led 31 rounds, about 47% of its total and boasts 3 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
- Majority of deals are located in United States, Poland, United Kingdom.
- Strong thematic focus on Software, Artificial Intelligence (AI), SaaS.
- Led 6 rounds in the past year.
- Typical check size: $500K – $4M.
Stage Focus
- Seed (47%)
- Pre Seed (24%)
- Series A (14%)
- Series B (8%)
- Series Unknown (6%)
- Convertible Note (2%)
Country Focus
- United States (44%)
- Poland (33%)
- United Kingdom (6%)
- Sweden (3%)
- France (2%)
- Denmark (2%)
- Italy (2%)
- Ukraine (2%)
- Country not foundSlovakia (Slovak Republic) (2%)
- Lithuania (2%)
Industry Focus
- Software
- Artificial Intelligence (Ai)
- Saas
- Information Technology
- Health Care
- Wellness
- Apps
- B2b
- Machine Learning
- Mobile Apps
Frequently Asked Questions
Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.