People say “it takes a village to raise a child” and this also applies to tech startups. To launch a project and make it skyrocket to the business cosmos, you need to sync up with the market and build a symbiotic relationship – based on trust and capital – with business investors.
Do you know what role angel investors play? Their purpose is to guide and support. Like a godfather, they offer answers during challenging times and help shape ideas into projects with early-stage financial aid.
With our explorer glasses on, we dived into the Romanian market to see which cities host the most angel investors and what niches or solutions are they interested in. Some investors are active in Romania, others keep a global reach; while a few Romanians living abroad are giving back to the local ecosystem.
Angel investors in Romania from Bucharest
Daniela Aldescu is a Partner at Vertik Romania, a financing consultancy company; an Executive Director at ARIR, the Romanian Investor Relations Association; and a co-founder of Smart Impact Capital, a Romanian fund focusing on early-stage investments. She is interested in MedTech, EdTech, and sustainability tech startups. So far, she has invested in VoxiKids, SanoPass, Telios Care, iFactor, and Teleport.
Ciprian Dudulea is the co-founder and CEO of The Outfit and is also part of the new wave of business angels. Although young, he is a supporter of the sustainability vertical, with an investment in Flip.
Alexandru Ghita is the President and CEO of The Entrepreneurship Academy, a Bachelor of Business Administration (BBA) program. He is also an angel investor in fintech Instant Factoring; The Outfit, an e-commerce fashion platform; MyConnector, a platform for online events, amongst others.
Mihai Guran is a managing partner at Atnnovate, a consulting company supporting tech projects. He is also an investor in tech startups like Procesio, a no-code Integration Platform as a Service (iPaaS); SmartHuts, a service management software solution; Machinations.io, a collaborative platform targeting game designers; and RepsMate, an AI and data analytics startup.
Radu Ionescu is an angel investor, advisor, and avid rock climber. He is the Vice President of Climb Again, which addresses children with special needs, as well as an advisor at Sailo, an online platform for renting boats and yachts. His investment portfolio has over 30 startups, with a focus on the US market.
Bogdan Iordache is the founder of How to Web, a leading tech conference in CEE. He is seen as one of the first names in the country that started building the local tech startup ecosystem. He is an advisor and angel investor from Romania looking to support early-stage startups to define their products, vision, and fundraising strategies.
Sergiu Negut is the co-founder of FintechOS and the first investor in the company. He has an impressive C.V., he is a teacher and an advisor to many projects. As an angel investor, he likes to support the new wave of entrepreneurs, like The Outfit team.
Andrei Pitis is the founder of Simple Capital, a private investment company that focuses on scalable tech startups with a global aim. Amongst his investments are the fitness project Crave Bespoke Nutrition, the fashion startup Re-Collections by GI, and edtech Ready for IT, all founded by female entrepreneurs.
Vlad Popovici is the co-founder of KUBIS, a leading digital agency in Romania. He is a digital pioneer, with more than two decades of experience in tech, marketing, and advertising. As an investor, he supports MedTech AiGIA Health; MarCom tech TPS Engage, and blockchain startup Oveit.
Dragos Stanca is the founder of UPGRADE 100, a digital and tech media platform, and managing partner at Thinkdigital, a digital media creative agency. He is also a mentor and angel investor in early-stage startups, with a focus on blockchain projects.
Malin-Iulian Stefanescu is the founder and president of EEU Software, a group of software developers specializing in Java projects. His angel investor portfolio is impressive and it gathers SmartDreamers, a recruitment marketing platform; Tokinomo, which provides robots for marketing purposes; TypingDNA, a software that recognizes people by the way they type; Critique Gaming, a video game developer company; Aggero, a platform that automates processes for marketers in the e-sports and gaming industries; Vatis Tech, which offers a speech recognition platform; fintech SymphoPay, and Green Horse Games.
Laura Tabus is a member of TechAngels Romania, an independent group of angel investors launched almost a decade ago to support the local ecosystem in SEE. She has experience as a financial advisor and is keeping an eye on supporting fintech projects.
Cosmin Tirvuloiu is an entrepreneur and angel investor in Romania with a focus on fintech and blockchain. Amongst his investments there are also proptech startups Pluria and Nooka Space; beauty tech Stailer; and Autodeal, a platform aiming to digitize all the processes connected to cars, like taxes and insurance.
Gregoire Vigroux is a serial entrepreneur and angel investor with double citizenship – French and Romanian. He is the co-founder of bonapp.eco, a local project that aims to combat food waste. Amongst his investments, there is Nasekomo, a Bulgarian agrobiotech; and BTR Exchange, a crypto ATM network.
Angel investors in Romania from Cluj
Sandu Babasan is the co-founder and growth strategist of proptech Nooka Space, which offers a network of proximity office spaces. He is also an investor in Autodeal, which aims to digitize processes connected to cars; StageMe, a live streaming events solution for e-commerce websites; and Bookr, a platform that integrates 3D visual tours.
Catalin Briciu is the co-founder of Linnify, a software development company transforming ideas into products for the health, wellbeing, and education industries. He is also an investor in the beauty marketplace Stailer.
Alex Burciu is the Tech Venture Partner at Fortech Investments, a branch of software developer Fortech, which supports entrepreneurs reach their goals. He has been an angel investor through the Transylvania Angels Network in startups like AI Nifty Learning, ThinkOut, iFactor, Metabeta, Event Mix, Car Loop, and Telios, amongst others.
Emmett King is the COO of Wirtek, a publicly-traded Danish outsourcing company in Romania, since 2006 and the co-founder of Transylvania Angels Network (T.A.N.) since 2018. He is also a founding investor and board member in both MedTech Telios Care, and AiVA, an AI visual analytics deep tech startup; and various other investments in MedTech, FinTech, AgTech, cybersecurity, and e-commerce.
Florin M. Pop is the founder of Primainvest Capital Management, an investment company that has been active for almost two decades. He is also an investor in StageMe, the platform making live e-commerce experiences possible; MedTech Telios Care; proptech Bookr, amongst others.
Mircea Vadan is the managing partner at Activize, offering consultancy for local tech startup ecosystem players, and a co-founder of T.A.N. He is also an investor in MedTech Telios Care and Oncochain; the online forecasting platform ThinkOut, which supports SME managers; cloud security company Cyscale; amongst others.
Angel investors in Romania from Iasi
Angel investors in Romania from Sibiu
Angel investors in Romania from Timisoara
Ciprian Man is the co-founder of the Growceanu Angel Investment network. His investor’s portfolio is quite vast and it includes Metabeta, a platform with tools for startups, investors, and accelerators; proptech Milluu; Sitter.ro, a marketplace with professionals; and edtech Kinderpedia, amongst others.
Angel investors in Romania from the Diaspora
The names are in alphabetical order.