70Ventures

70Ventures is a Vilnius, Lithuania-based venture capital firm and revenue accelerator, specifically targeting early-stage B2B SaaS startups. Established in 2019, the firm distinguishes itself by combining capital investment with a hands-on, structured program designed to significantly boost the revenue growth of its portfolio companies. Their core mission revolves around helping B2B startups scale their sales and marketing efforts, aiming to guide them from initial revenue to substantial annual recurring revenue (ARR).

The firm primarily invests in Pre-Seed and Seed-stage companies, focusing on the Baltics, Nordics, and Central and Eastern European (CEE) regions. 70Ventures provides initial cheques ranging from €50,000 to €150,000, typically as the first institutional capital for promising B2B ventures. Beyond mere funding, their unique value proposition lies in their intensive 6-month Revenue Accelerator program. This program is tailored to equip founders with the practical knowledge and strategies needed to build robust sales pipelines, optimize marketing funnels, and ultimately achieve significant revenue milestones.

With their second fund, 70Ventures Fund II, successfully closing at €2.5 million in 2022, the firm has solidified its capacity to support a growing number of startups. As of early 2024, 70Ventures has made approximately 28 investments, demonstrating a consistent commitment to fostering the B2B SaaS ecosystem in their target geographies. Their portfolio reflects a diverse range of B2B solutions, all united by the common goal of achieving rapid revenue acceleration through the firm's specialized guidance and network. This strategic approach aims to prepare their portfolio companies for subsequent, larger funding rounds by proving their market traction and revenue potential.