Flyer One Ventures

Flyer One Ventures is an early-stage venture capital fund investing in ambitious CEE and Ukrainian founders who build global companies.

They’ve already invested in 95 startups and deployed nearly €40M. They focus on software-first products that use the power of tech to boost productivity. They primarily invest at seed. Occasionally, they do pre-seed, focusing on second-time founders.

Flyer One Ventures partners with ambitious CEE and Ukrainian founders who build the application layer of global software, investing up to €1.5M at the pre-seed and seed stages. They are a fund of entrepreneurs who know how hard it is to build a company, and so their team helps founders with growth, recruiting, PR, business development, and investment relations. Their average check size is €500k, although they have the flexibility to invest as little as €350k or as much as €1.5M.

Investment criteria

Here’s what they look for:

• Second-time founders or former execs at startups/tech companies
• Strong founder-market fit
• Team with solid tech expertise
• Products that are painkillers, not vitamins
• Tech-driven businesses
• Post-MVP stage with some initial traction (e.g., pilot projects, first clients, and initial users)
• Big, fast-growing, and not crowded markets
• Balanced cap tabl

Applicants willing to contact F1V can send an email to [email protected] 

Portfolio: Fintech Farm, Liki24, Mate Academy, Awesomic.