6
Total investments
3
Early stage
3
Mid stage
0
Late stage
10y
Years active
Portfolio
6 investments · sorted by recency
All investments
Early stage
Mid stage
Late stage
Angel Investor
Jul 2022
Algori is a consumer panel reimagined. We provide fast-moving consumer goods (FMCG) companies the fastest and most granular insights for growth. Algori helps improve distribution, sales and marketing of FMCG brands and retailers, and is already working with some of the top FMCG companies in Spain.
Led by industry veterans, Algori combines technology with an unmatched data set from operating Spain’s largest panel sample of 45,000 weekly shoppers. We offer individual stock keeping unit (SKU) level insights in near real-time, resulting in a 7 times faster delivery than incumbent panels. The cross-retailer SKU-level data from 25,000 daily baskets is enriched with demographics, psychographics and store location data as well as targeted shopper trigger-surveys for qualitative inputs.
To date Algori has raised €1.2m in equity and debt instruments with backing from Change Ventures, prominent business angels from Shopify, Google, Bolt, Unilever and Spain’s National Innovation Company (ENISA). Algori is disrupting the incumbent household purchase panel industry in Iberia, as it enables FMCG companies of all sizes to benefit from the freshest data insights with a flexible engagement model and fully transparent pricing.
Algori’s co-founders working together since 2019 combine FMCG retail, data analytics and technology venture experience from holding previous CxO-level roles. Algori is based out of Spain with a technology-focused subsidiary in Lithuania, where some of the engineering talent have been working together for a decade.
Algori is an employee-owned company: the current Employee Share Option Pool (ESOP) exceeds the European average at least 4 times compared to companies of the same stage. This means every employee is a co-owner, both in terms of equity and responsibility for their work outcomes. Algori is constantly growing and on the lookout for exceptional talents, passionate in developing products for data-driven growth as and disrupting the status quo.
Founding Board Member
Jun 2022
IAB Baltics is a unique industry association, covering 3 distinct and particular media markets of the Baltic States. IAB ambition is to unite leading players in the interactive media market in Estonia, Lithuania and Latvia, while becoming the first choice for representation, data services, cutting edge marketing and media research, skills and expertise in the digital market. IAB Baltics plans to advocate for its members and promotes the value of the interactive advertising industry to legislators and policymakers. We are here to help simplify and explain the complex world of digital advertising, as a trusted source of research, guidance and education for our members, industry, advertisers and authorities.
Angel Investor
Jan 2019
LitBANs objective is to foster business angel activity through communication, events, networking, syndication of deals both locally and across Europe.
The association’s key directions of activity:
1. Networking & start-up deal flow facilitation via monthly events
2. Private investor interest representation through a consistent dialogue with public officials and
governmental institutions
3. Sharing of tools, legal frameworks and knowledge for the purpose of attracting new angel investors.
Member of the Board
Aug 2017
The region‘s most complex and integrated ICT hub, Vilnius Tech Park aims to attract and unite innovative talent from game development, big data, cyber security, smart solutions, fintech and digital design.
Vilnius Tech Park is inviting cutting edge companies to become part of this unique ecosystem, located 9000+ sq meters of renovated XIX century buildings, surrounded by an old park just a 15 minute walk from Vilnius city centre.
Member of the Board
Aug 2016
We provide fair business financing solutions in Lithuania and Latvia. Believing that business financing needs to be more transparent and simple, we offer financing without any hidden conditions or additional fees.
Over 1,600 companies have trusted us since 2016.
We have loaned out more than 44 million Euro.
We are an official partner of the European Investment Fund.
Co Founder, Mentor, Investor
Aug 2016
We are a diverse team of tech lovers, mentors, experts, and founders ourselves bound together by our passion to support founders on their entrepreneurial journey.
We help to solve key challenges at every stage
Dare to dream global. We’re a startup accelerator like no other, our optimized approach puts early stage startups on the map and catapults them into worldwide success.
Startup Wise Guy’s origins began in Europe’s tech-savvy startup capital, Estonia. Since 2012, we have used our carefully curated expertise, skills and funding to skyrocket hundreds of emerging early stage startups into upwards growth.
This is not our first rodeo… we are the most experienced accelerator fund in the region with over 35+ programs, an international community of founders from over 60 countries and an established market in CEE and CIS countries.
Experience · 7 entries
All (7)
Investments (5)
Founder (1)
Board (3)
2022
Angel Investor
Jul 2022
Algori is a consumer panel reimagined. We provide fast-moving consumer goods (FMCG) companies the fastest and most granular insights for growth. Algori helps improve distribution, sales and marketing of FMCG brands and retailers, and is already working with some of the top FMCG companies in Spain.
Led by industry veterans, Algori combines technology with an unmatched data set from operating Spain’s largest panel sample of 45,000 weekly shoppers. We offer individual stock keeping unit (SKU) level insights in near real-time, resulting in a 7 times faster delivery than incumbent panels. The cross-retailer SKU-level data from 25,000 daily baskets is enriched with demographics, psychographics and store location data as well as targeted shopper trigger-surveys for qualitative inputs.
To date Algori has raised €1.2m in equity and debt instruments with backing from Change Ventures, prominent business angels from Shopify, Google, Bolt, Unilever and Spain’s National Innovation Company (ENISA). Algori is disrupting the incumbent household purchase panel industry in Iberia, as it enables FMCG companies of all sizes to benefit from the freshest data insights with a flexible engagement model and fully transparent pricing.
Algori’s co-founders working together since 2019 combine FMCG retail, data analytics and technology venture experience from holding previous CxO-level roles. Algori is based out of Spain with a technology-focused subsidiary in Lithuania, where some of the engineering talent have been working together for a decade.
Algori is an employee-owned company: the current Employee Share Option Pool (ESOP) exceeds the European average at least 4 times compared to companies of the same stage. This means every employee is a co-owner, both in terms of equity and responsibility for their work outcomes. Algori is constantly growing and on the lookout for exceptional talents, passionate in developing products for data-driven growth as and disrupting the status quo.
Founding Board Member
Jun 2022
IAB Baltics is a unique industry association, covering 3 distinct and particular media markets of the Baltic States. IAB ambition is to unite leading players in the interactive media market in Estonia, Lithuania and Latvia, while becoming the first choice for representation, data services, cutting edge marketing and media research, skills and expertise in the digital market. IAB Baltics plans to advocate for its members and promotes the value of the interactive advertising industry to legislators and policymakers. We are here to help simplify and explain the complex world of digital advertising, as a trusted source of research, guidance and education for our members, industry, advertisers and authorities.
2019
Angel Investor
Jan 2019
LitBANs objective is to foster business angel activity through communication, events, networking, syndication of deals both locally and across Europe.
The association’s key directions of activity:
1. Networking & start-up deal flow facilitation via monthly events
2. Private investor interest representation through a consistent dialogue with public officials and
governmental institutions
3. Sharing of tools, legal frameworks and knowledge for the purpose of attracting new angel investors.
2018
Venture Partner
Sep 2018
We back ambitious Baltic founders, both in Estonia, Latvia, or Lithuania, and the diaspora around the globe. Our investments range between €100K and €500K in pre-seed stage technology startups.
Our partners have 45 years of operating experience between them that we bring to bear in supporting our portfolio and we aim to provide a founder-friendly, fast, and efficient investment process.
Post-investment we support founders in getting to product-market fit and scaling the business, especially with our personal network of over 700 follow-on and co-investors around the globe.
The best way to find out whether we, or any other VC investor, provides real value-added to the startups they back, talk to any of the founders we have invested in, and also those whose businesses we have passed on. For anonymous reviews, you can check out our page at https://www.landscape.vc/investors/change-ventures.
2017
Member of the Board
Aug 2017
The region‘s most complex and integrated ICT hub, Vilnius Tech Park aims to attract and unite innovative talent from game development, big data, cyber security, smart solutions, fintech and digital design.
Vilnius Tech Park is inviting cutting edge companies to become part of this unique ecosystem, located 9000+ sq meters of renovated XIX century buildings, surrounded by an old park just a 15 minute walk from Vilnius city centre.
Show all 7 entries ↓
Investment activity
2016–2022 · 6 investments
Recent (last 2 years)Earlier
