ST

Sten Tamkivi

North America, California, United States, San Francisco

Description

Sten Tamkivi is a prominent Estonian-born angel investor and entrepreneur, currently based in San Francisco. Known for his deep product expertise and operational background, Tamkivi has played a significant role in the European tech ecosystem, particularly through his early involvement with Skype and as co-founder and CEO of Teleport, which was later acquired by Topia (formerly MOVE Guides), where he served as Chief Product Officer. His transition into angel investing leverages this extensive experience, making him a sought-after early-stage supporter for ambitious founders.

As an angel investor, Tamkivi primarily focuses on pre-seed and seed-stage companies, often with a strong emphasis on product-led growth and global scalability. He is particularly active in supporting founders from the Baltics and wider Europe who are building solutions for a global market. His investment thesis centers on backing exceptional teams with compelling visions, where his operational insights and vast network can provide significant value beyond just capital. He often looks for companies that are tackling complex problems with innovative technology and a clear path to market.

Tamkivi's portfolio showcases a diverse range of successful technology companies. He has made over 40 angel investments, according to public data, contributing to the growth of several unicorns and high-potential startups. Notable investments include Pipedrive, a leading sales CRM platform; Veriff, an AI-powered identity verification service that raised a $7.7 million Series A round with his participation; and Starship Technologies, a pioneer in autonomous delivery robots. He also participated in the €1.5 million seed round for Salv, a financial crime-fighting platform, and the €2.5 million seed round for Montonio, a payment solutions provider, further demonstrating his commitment to early-stage, high-impact ventures.

His approach is characterized by a founder-friendly stance, often acting as a mentor and strategic advisor to his portfolio companies. Tamkivi's unique blend of product leadership, entrepreneurial success, and extensive network makes him a valuable partner for startups navigating the challenges of early-stage development and international expansion. He continues to be an active and influential figure in the global venture landscape, particularly for companies bridging the gap between European innovation and Silicon Valley ambition.

Investor Profile

Sten Tamkivi has backed more than 28 startups, with 0 new investments in the last 12 months alone. The firm has led 3 rounds, about 11% 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 Estonia, United States, United Kingdom.
  • Strong thematic focus on Software, Manufacturing, Financial Services.

Stage Focus

  • Seed (32%)
  • Pre Seed (32%)
  • Series A (14%)
  • Series C (7%)
  • Angel (7%)
  • Series B (4%)
  • Series Unknown (4%)

Country Focus

  • Estonia (46%)
  • United States (29%)
  • United Kingdom (11%)
  • Germany (4%)
  • The Netherlands (4%)
  • Latvia (4%)
  • Bangladesh (4%)

Industry Focus

  • Software
  • Manufacturing
  • Financial Services
  • Fintech
  • Artificial Intelligence (Ai)
  • Information Technology
  • Enterprise Resource Planning (Erp)
  • Data Integration
  • Marketing
  • Marketing Automation
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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 Sten Tamkivi frequently co-invest with?

Startup Wise Guys
Europe, Harjumaa, Estonia, Tallinn
Co-Investments: 2
42CAP
Europe, Bayern, Germany, Munich
Co-Investments: 2
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 2
Superangel
Europe, Harjumaa, Estonia, Tallinn
Co-Investments: 3
Atomico
Europe, England, United Kingdom, London
Co-Investments: 3
Spring Capital
Europe, Harjumaa, Estonia, Tallinn
Co-Investments: 2
Metaplanet
Europe, Harjumaa, Estonia, Tallinn
Co-Investments: 3
Specialist VC
Europe, Harjumaa, Estonia, Tallinn
Co-Investments: 3
Connect Ventures
Europe, England, United Kingdom, London
Co-Investments: 2
SquareOne Venture Capital
Europe, Berlin, Germany, Berlin
Co-Investments: 2

Which angels does Sten Tamkivi often collaborate with?

RS
Europe, Estonia
Shared Deals: 4
OK
North America, California, United States, Menlo Park
Shared Deals: 5
SA
Europe, Harjumaa, Estonia, Tallinn
Shared Deals: 2
MV
Europe, Harjumaa, Estonia, Tallinn
Shared Deals: 2
TK
Europe, Estonia
Shared Deals: 3
JT
Europe, Harjumaa, Estonia, Tallinn
Shared Deals: 5
TH
Europe, England, United Kingdom, London
Shared Deals: 14
KK
Europe, Estonia
Shared Deals: 2
MV
Europe, Harjumaa, Estonia, Tallinn
Shared Deals: 2
IH
Europe, England, United Kingdom, London
Shared Deals: 1

What are some of recent deals done by Sten Tamkivi?

Salv

Tallinn, Harjumaa, Estonia

Salv provides an Anti-Money Laundering platform that uses smart technology to reduce non-compliance and financial crime.

ComplianceFinancial ServicesFinTechFraud DetectionSecurity
SeedJan 26, 2023
Amount Raised: $4,357,398
Katana

Tallinn, Harjumaa, Estonia

Katana is a manufacturing and inventory software for scaling businesses.

Enterprise Resource Planning (ERP)ManufacturingSoftware
Series BOct 13, 2022
Amount Raised: $35,000,000
Entrepreneur First

London, England, United Kingdom

Entrepreneur First brings ambitious founders together to build globally important technology companies.

Artificial Intelligence (AI)FinanceFinancial ServicesFinTechVenture Capital
Series CJun 28, 2022
Amount Raised: $158,316,555
Ampler Bikes

Tallinn, Harjumaa, Estonia

Ampler Bikes is a lightweight electric bike designed for anyone looking for freedom and adventure in their daily routines and commutes.

Consumer ElectronicsConsumer GoodsElectric Vehicle
Series UnknownNov 1, 2021
Amount Raised: $8,583,681
Roofit.solar

Tallinn, Harjumaa, Estonia

Solar energy, Aesthetic solar roofs, BIPV, Integrated PV modules, Solar module manufacturing

Building MaterialManufacturingSolar
Series AOct 5, 2021
Amount Raised: $7,421,245
Lightyear

London, England, United Kingdom

Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers and fees.

Financial Services
SeedSep 15, 2021
Amount Raised: $8,447,888
Chaldal

Dhaka, Dhaka, Bangladesh

Chaldal is an online platform for grocery and delivery based in Dhaka, Chattogram & Jashore in Bangladesh.

DeliveryE-CommerceGrocery
Series CSep 15, 2021
Amount Raised: $10,000,000
Numerade

Los Angeles, California, United States

Numerade is the virtual learning platform that adds understanding back to STEM education.

EducationEdutainment
Series AAug 23, 2021
Amount Raised: $26,000,000
Lightyear

London, England, United Kingdom

Lightyear is a simple and approachable way to invest your money globally without unnecessary barriers and fees.

Financial Services
Pre SeedJun 3, 2021
Amount Raised: $2,116,223
Insempra

Planegg, Bayern, Germany

Insempra is a biotechnology-powered company enabling businesses to transform their ingredient lists with superior bio-based products.

BeautyBiotechnologyFood and BeverageManufacturingPersonal Care and Hygiene
SeedMay 25, 2021
Amount Raised: $15,000,000