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Slovak Fintech Vestberry Raises €2.2M to Disrupt VC Fund Management in the US

Slovak Fintech Vestberry Raises €2.2M to Disrupt VC Fund Management in the US, TheRecursive.com
Image credit: Vestberry founders
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Slovak startup Vestberry closed a new investment for further US expansion. 

👯 Founders: Marek Zámečník, Ján Káčer, Matej Pavlanský

📅 Founding year: 2018

🏭 Industry: Fintech / Venture Capital Technology

💥 Problem: Venture capital funds still rely on manual analyses and reports, often using Excel, making investment management inefficient.

📣 Solution: Vestberry provides a sophisticated technological infrastructure tailored for venture capital funds, enabling better portfolio management and data-driven decision-making.

👥 Customers: European Investment Bank, Commerzbank, Atomico, Earlybird, and other VC funds across the UK, Germany, Switzerland, and Sweden.

🌱 Stage: Growth stage, expanding internationally

💰 Investment amount: 2.2 million

🚀 Funded by: Seed Starter of Česká a Slovenská spořitelna, Venture to Future Fund, Zero One Hundred

👁️‍🗨️ Investor’s perspective:

Vestberry is a very successful supplier of solutions for leading European venture capital funds. It has great potential for further growth. Its unique solution provides excellent portfolio management and allows companies to make quick and qualified decisions based on data.” — Tomáš Milota, CEO of Seed Starter

💡 It will be spent on: Expansion into the U.S. market and further technological development

💬 In their own words:

Our ambition is to build a sophisticated technological infrastructure tailored to venture capital funds and help them replace manual analyses and reports.” — Marek Zámečník, Founder & CEO

🔑 Business model: SaaS-based platform for VC fund management

👩‍🏫 Market: Primarily European VC funds, expanding to the US

📊 Traction: Managing over €30 billion in investments, employing around 40 people, with a fast-growing international client base.

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