Overkill Ventures

Overkill Ventures is a Riga, Latvia-based venture capital firm primarily focused on pre-seed stage startups, particularly those developing B2B SaaS solutions. Established with a mission to help early-stage companies achieve product-market fit, the firm provides not only capital but also hands-on support, mentorship, and access to a robust network. They target ambitious founding teams with scalable technology, aiming to bridge the gap between initial concept and readiness for larger seed rounds.

The firm has demonstrated significant growth in its investment capacity. Initially, Overkill Ventures launched its first fund with a modest €1 million in 2019, enabling them to make smaller, impactful investments in nascent companies. Building on the success and lessons from their initial portfolio, they announced the launch of their second fund in 2022, targeting a substantially larger €10 million. This increase in fund size reflects their expanding ambition and ability to support a greater number of promising startups with more substantial initial checks and follow-on capital.

Overkill Ventures typically invests initial checks ranging from €100,000 to €250,000, with the potential for follow-on investments as companies progress. While their primary geographic focus is on the Baltics, Nordics, and Central and Eastern Europe, they remain open to investing in compelling opportunities from other regions, provided there is a strong strategic fit. Their investment philosophy extends beyond mere capital injection; they actively engage with their portfolio companies, offering strategic guidance, operational assistance, and connections to facilitate growth and accelerate their journey towards product-market fit and subsequent funding rounds.