Bratislava-based company Vestberry has secured €2.2 million in a new funding round led by Seed Starter. Other investors include Venture to Future Fund and Zero One Hundred, The Recursive reports. The company helps investment funds automate analytical and data processes to improve investment profitability.
About Vestberry
- Founded in 2018 by Marek Zamecnik, Jan Kacer, and Matej Pavlansky, Vestberry provides a sophisticated technological infrastructure tailored for venture capital funds, enabling better portfolio management and data-driven decision-making.
- The company’s customers include European Investment Bank, Commerzbank, Atomico, Earlybird, and other VC funds across the UK, Germany, Switzerland, and Sweden.
- Vestberry enables VC experts to save up to 75% of their time by automating manual processes, including reporting, data collection, and limited partner communication.
Investment details
The funding was led by Seed Starter, a VC program of Česká a Slovenská spořitelna. The program helps startups with the go-to-market phase and engages their projects in the Slovak Savings Bank’s environment.
Other investors include Venture to Future Fund, a Slovak fund providing SMEs with ‘fresh’ capital to finance development and expansion phases, and Zero One Hundred, a VC company founded by company builders, backing the best startups from Emerging Europe.
Prior to the current round, Vestberry managed to secure Non Equity Assistance from Tenity in 2018 and VentureOut in 2020, according to Crunchbase. And in 2022, the company raised pre-seed funding round from CB Investment Management.
Vestberry will use the raised capital to further expand its operations, particularly into the American market.
