Superangel

Superangel is an early-stage venture capital firm headquartered in Tallinn, Estonia, with a primary focus on the Baltics and Nordics, though its reach extends to promising startups across broader Europe. Founded by a trio of experienced entrepreneurs – Rain Rannu, Veljo Otsason, and Marek Kiisa – Superangel leverages its founders' deep operational expertise to support ambitious teams from the pre-seed and seed stages. The firm positions itself as a crucial first institutional investor for companies poised for global scale.

The firm's investment strategy centers on identifying high-potential startups with strong founders and innovative solutions. Superangel typically provides initial investments ranging from €100,000 to €1 million, aiming to be the foundational capital that propels early-stage companies forward. They are also known for their commitment to portfolio companies, often participating in follow-on rounds to support growth through subsequent funding stages. In 2022, Superangel successfully closed its second fund, Superangel II, at €42 million, demonstrating continued investor confidence in their strategy and team. This capital allows them to maintain their active investment pace and support a growing portfolio.

Superangel has built a reputation for backing some of the most successful tech companies emerging from the region. Its impressive portfolio includes unicorns and rapidly scaling ventures such as Bolt, a leading transportation platform; Veriff, an identity verification powerhouse; and Starship Technologies, known for its autonomous delivery robots. Other notable investments include Pactum, Montonio, and Salv, showcasing their diverse interest across various tech sectors. The firm's hands-on approach and extensive network contribute significantly to the success of its portfolio companies, solidifying its position as a key player in the European early-stage venture ecosystem.