Eleven Capital AD

Venture Capital Sofia, Bulgaria ·Founded 2019

Overview

Eleven Capital AD is a venture capital firm specializing in early-stage investments in technology companies across Central and Eastern Europe. The firm focuses on acquiring minority equity stakes in high-growth startups, primarily in Bulgaria and the broader region. Eleven Capital AD was established in 2019 and is listed on the Bulgarian Stock Exchange, providing investors with public access to the venture capital asset class. The firm's investment strategy targets companies in various sectors, including technology, fintech, insurtech, life sciences, healthtech, agritech, foodtech, IT, media, telecommunications, Industry 4.0, SaaS, and B2B. Eleven Capital AD invests in companies at different stages, from seed to growth, with investment sizes ranging from €100,000 to €5 million. As of 2025, Eleven Capital AD's portfolio includes minority stakes in 25 companies, with the five largest holdings accounting for 81.2% of the portfolio's value. The firm's diversified approach aims to support the growth of successful companies in the region's startup ecosystem.

Investment Focus

  • Innovative technology solutions
  • Scalable business models
  • Strong management teams
  • Potential for regional or global expansion
  • Alignment with Eleven Capital AD's investment strategy
  • Technology-focused startups
  • Early-stage companies
  • High-growth potential
  • Primarily based in Central and Eastern Europe

Portfolio Companies

Taxime OODBusinessmap OODAngel Baby OODEnhanCV R&DBusinessmap LTDSensika TechnologiesMClimate ADDronamics GlobalNovalogi IncTaxi Me LTDSmartOcto 360 B.VmBrainTrain LTDAngel Baby

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Frequently asked questions about Eleven Capital AD

What sectors does Eleven Capital AD invest in?

Eleven Capital AD invests in Technology, Consumer Goods, Real Estate, Telecommunications, Media and Software, and is based in Sofia, Bulgaria. Eleven Capital AD is listed as a venture capital in the ConnectSafely investor database.

What stage does Eleven Capital AD invest at?

Eleven Capital AD backs companies at Seed, Early Stage, Series A, Series B and Growth, writing cheques of 100K - 5M.

Which regions does Eleven Capital AD invest in?

Eleven Capital AD invests across Turkey, Montenegro, Hungary, Bosnia and Herzegovina, Kosovo and Slovenia.

What companies has Eleven Capital AD invested in?

Eleven Capital AD's portfolio includes Taxime OOD, Businessmap OOD, Angel Baby OOD, EnhanCV R&D, Businessmap LTD, Sensika Technologies, MClimate AD and Dronamics Global.

Last updated · Source: ConnectSafely investor database