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Credo Ventures

Europe, Hlavni mesto Praha, Czech Republic, Prague

Description

Credo Ventures is a prominent venture capital firm based in Prague, Czech Republic, with a dedicated focus on early-stage technology companies across the Central and Eastern European (CEE) region. Established with the mission to identify and nurture high-potential startups in a rapidly evolving market, the firm has solidified its reputation as a key player in the CEE startup ecosystem. Their investment philosophy centers on providing crucial capital and strategic support to innovative companies poised for significant growth and international expansion.

The firm primarily targets seed and Series A funding rounds, offering initial investments that typically range from €250,000 to €2 million. This translates to approximately $270,000 to $2,160,000, based on recent exchange rates, demonstrating their commitment to supporting startups at critical junctures of their development. Beyond capital, Credo Ventures actively engages with its portfolio companies, leveraging its extensive network and operational expertise to assist with product development, market entry, and subsequent fundraising efforts, aiming to accelerate their journey from promising concepts to market leaders.

Credo Ventures has successfully raised multiple funds, progressively increasing its capital deployment capacity. Their latest fund, Credo Ventures IV, closed at €75 million, bringing their total assets under management to over €200 million across all their funds. This substantial capital base allows them to provide follow-on investments and support their most successful portfolio companies through later growth stages. Their portfolio spans various sectors, including SaaS, fintech, cybersecurity, and AI, reflecting the diverse innovation landscape of the CEE region.

The firm's strategic location in Prague provides a strong vantage point for accessing the burgeoning tech talent and entrepreneurial spirit prevalent throughout Central and Eastern Europe. Credo Ventures plays a vital role in bridging the gap between local innovation and global markets, contributing significantly to the maturation and international recognition of the CEE startup scene. Their long-term commitment to the region underscores their belief in its potential to produce globally competitive technology companies.

Investor Profile

Credo Ventures has backed more than 122 startups, with 4 new investments in the last 12 months alone. The firm has led 45 rounds, about 37% of its total and boasts 14 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Series A, Pre Seed rounds (top funding stages).
  • Majority of deals are located in United States, United Kingdom, Czech Republic.
  • Strong thematic focus on Software, Artificial Intelligence (AI), Information Technology.
  • Typical check size: $270K – $2.2M.

Stage Focus

  • Seed (41%)
  • Series A (29%)
  • Pre Seed (12%)
  • Series Unknown (10%)
  • Series B (6%)
  • Convertible Note (2%)
  • Series D (1%)

Country Focus

  • United States (52%)
  • United Kingdom (16%)
  • Czech Republic (9%)
  • Germany (5%)
  • Poland (4%)
  • Croatia (2%)
  • Romania (2%)
  • Serbia (2%)
  • Hungary (2%)
  • The Netherlands (2%)

Industry Focus

  • Software
  • Artificial Intelligence (Ai)
  • Information Technology
  • Saas
  • Machine Learning
  • Health Care
  • Enterprise Software
  • Robotics
  • Internet Of Things
  • E-commerce
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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 Credo Ventures frequently co-invest with?

Day One Capital
Europe, Budapest, Hungary, Budapest
Co-Investments: 8
Seedcamp
Europe, England, United Kingdom, London
Co-Investments: 13
Kleiner Perkins
North America, California, United States, Menlo Park
Co-Investments: 4
Earlybird Venture Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 9
Index Ventures
North America, California, United States, San Francisco
Co-Investments: 11
Inovo VC
Europe, Mazowieckie, Poland, Warsaw
Co-Investments: 4
KAYA
Europe, Hlavni mesto Praha, Czech Republic, Prague
Co-Investments: 7
Accel
North America, California, United States, Palo Alto
Co-Investments: 4
Playfair Capital
Europe, England, United Kingdom, London
Co-Investments: 4
PortfoLion Capital Partners
Europe, Budapest, Hungary, Budapest
Co-Investments: 6

Which angels does Credo Ventures often collaborate with?

LG
North America, California, United States, San Francisco
Shared Deals: 2
DF
North America, California, United States, Penngrove
Shared Deals: 2
NF
North America, California, United States, San Francisco
Shared Deals: 2
ED
North America, New York, United States, New York
Shared Deals: 4
Daniel Gross
North America, California, United States, San Francisco
Shared Deals: 4
NR
North America, California, United States, San Francisco
Shared Deals: 4
Daniel Dines
North America, Delaware, United States, Dover
Shared Deals: 4
EK
Europe, Hlavni mesto Praha, Czech Republic, Prague
Shared Deals: 5
PB
Europe, Hlavni mesto Praha, Czech Republic, Prague
Shared Deals: 3
EG
North America, California, United States, San Francisco
Shared Deals: 2

What are some of recent deals done by Credo Ventures?

Axoflow

Budapest, Budapest, Hungary

Axoflow is a cybersecurity company specializing in an automatic security data curation pipeline to detect and respond to threats.

Cyber SecurityInformation TechnologySoftware
SeedJan 21, 2025
Amount Raised: $6,972,659
Surglogs

San Diego, California, United States

Surglogs is a software development company that streamlines and automates administration of logbooks, and drills in healthcare facilities.

Health CareInformation TechnologyMedicalSoftware
Series UnknownNov 20, 2024
Upheal

Middletown, Delaware, United States

Upheal is a health care company that offers a therapy tool for mental health clinicians via video calling, automated progress.

Artificial Intelligence (AI)Electronic Health Record (EHR)Health CareMental HealthNatural Language ProcessingSoftware
Series ANov 14, 2024
Amount Raised: $10,000,000
vlayer Labs

London, England, United Kingdom

Vlayer simplifies zero-knowledge proofs and integrates web2 data for secure, decentralized web3 application development.

Decentralized Finance (DeFi)Web Design
Pre SeedSep 9, 2024
Amount Raised: $10,000,000
Delta Green

Plzen, Plzensky kraj, Czech Republic

Aggregating household assets in large controllable block of flexibility.

EnergyEnergy ManagementGreenTechRenewable Energy
Series UnknownMay 27, 2024
Amount Raised: $2,389,512
Collabwriting

Belgrade, Vojvodina, Serbia

Collabwriting is a browser extension used to help share, comment, and collaborate on the content directly on web pages.

Browser ExtensionsContentContent MarketingInformation Technology
SeedApr 18, 2024
Amount Raised: $1,170,681
Picogrid

El Segundo, California, United States

Picogrid builds a unified platform for autonomous systems.

Artificial Intelligence (AI)GovernmentIndustrialMilitary
SeedMar 26, 2024
Amount Raised: $12,000,000
Kurs Orbital

Turin, Piemonte, Italy

Kurs Orbital enables satellite life extension and space debris removal missions, securing safe and sustainable orbits for generations.

Aerospace
SeedMar 7, 2024
Amount Raised: $4,051,908
Mindgram

Warsaw, Mazowieckie, Poland

Mindgram is a science-based platform and mobile app for complete mental wellness.

Health CareMental HealthWellness
Series AFeb 14, 2024
Amount Raised: $2,720,033
Ezra AI

New York, New York, United States

Ezra AI provides early cancer detection by combining advanced medical imaging technology and AI technology.

Artificial Intelligence (AI)Health CareHealth DiagnosticsMedical
Series BFeb 7, 2024
Amount Raised: $21,000,000