Ivaylo Simov
Overview
Eleven Accelerator Venture Fund is a venture capital firm based in Sofia, Bulgaria, focusing on early-stage investments in Southeast Europe. Established in 2012 with a €12 million fund, it has been instrumental in developing the regional startup ecosystem by providing mentorship, support, and initial capital to entrepreneurs. The firm primarily invests in technology companies across sectors such as Fintech, Healthcare, SaaS, Mobile, Sports, E-Commerce, Social Media, Internet, Agritech, Foodtech, IT, Media, Telecommunications, Industry 4.0, and B2B. Eleven typically invests between €100,000 and €1.5 million in seed and early-stage companies, aiming to support their growth and scalability. Over the years, Eleven has built a diversified portfolio of over 170 companies, including notable startups like Payhawk, Quantive, Dronamics, SMSBump, and Native Teams. The firm's commitment to fostering innovation and entrepreneurship has solidified its position as a leading early-stage investor in the region.
Investment Focus
- Innovative technology solutions
- Scalable business models
- Strong founding teams
Portfolio Companies
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Unlock full contacts →Frequently asked questions about Ivaylo Simov
What sectors does Ivaylo Simov invest in?
Ivaylo Simov invests in Healthcare, Telecommunications, Media, FoodTech, FinTech and E-commerce, and is based in Sofia, Bulgaria. Ivaylo Simov is listed as a venture capital in the ConnectSafely investor database.
What stage does Ivaylo Simov invest at?
Ivaylo Simov backs companies at Seed and Early Stage, writing cheques of 100K - 1.5M.
Which regions does Ivaylo Simov invest in?
Ivaylo Simov invests across Turkey, Montenegro, Hungary, Bosnia and Herzegovina, Kosovo and Croatia.
What companies has Ivaylo Simov invested in?
Ivaylo Simov's portfolio includes Payhawk, Dronamics, SMSBump, Native Teams and Quantive.
Last updated · Source: ConnectSafely investor database
