Eleven Ventures

26/06/2024

30 minutes and you are in.

Into the real business.

BESCO - The Bulgarian Entrepreneurial Association and Eleven join forces. 🤜 🤛

Eleven’s investment team is opening up dedicated office hours for BESCO members starting next month.

Got a burning fundraising question? 👀 It's the perfect chance to pitch your idea, chat, and get advice tailored just for you.

We know it is vacation season so we’ll be hosting them both online and in-person at Eleven’s office. (optional if we decide to use the first visual)

✔︎ Get in touch with BESCO’s team to learn how to sign up.

25/06/2024

It’s already Tuesday but we still can’t stop thinking about last Friday 🤫

In between the pine trees, founders, investors, and ecosystem supporters gathered to downshift instead of close deals.

The “no-agenda” agenda turned out to be just what we needed on this hot Friday evening. Friendly faces, burgers, mojitos and ice cream were just some of the ingredients for a perfect night under the stars.

🌞 Thank you to everyone who was a part of our Downshifting party and let the summer begin!

CC: Skapto, Barkeepers on wheels, Miam, Seewines, Rosey's Market, Zero Wave, Lifeholic Botanicals, Хляб и Soul, Gaya

28/05/2024

🎉 Portfolio news! Pluria makes its first acquisition.

The startup revolutionizing remote collaboration, acquired Bili, a menu ordering and payment solution.

The goal? To provide users with seamless food ordering and enhanced hybrid work experiences across 110 cities in 14 Latin American and European countries.

"The world has settled on hybrid work, with workspaces evolving to meet the increased need for flexibility. Cafés, where people can share a meal and casually work, are part of the new work infrastructure. We aim to elevate this experience, making work days more productive and teams more connected”, shares Andrei Cretu, co-founder and CEO of Pluria.

👉 Find out more about thе acquisition on The Recursive - https://therecursive.com/romanian-founded-pluria-announced-their-first-acquisition-to-elevate-user-experience-in-workspaces/?utm_content=294279204&utm_medium=social&utm_source=linkedin&hss_channel=lcp-71195805.

Congrats, Andrei, Gabriela, and team! 🙌

23/05/2024

☕️ Yesterday, we started the day off right!

A group of builders, a fruitful discussion, good coffee, fresh bagels, and a great view.

Special thanks to Volen Vulkov for being so open and sharing his mistakes and learnings in achieving product-market fit.

And a heartfelt thank you to the founders who shared their morning with us (we know how busy you are!).

One takeaway we are all bringing home👇

"Product-market fit may seem like a destination you're striving to reach, but maintaining and expanding it is an ongoing quest that lasts as long as your company does."

Stay tuned for our next "Builders & Bagels" breakfast! You never know where the next location might surprise you. 👀

21/05/2024

🦄 When is the right time to start looking for funding? How long does it typically take? What are the best strategies to maintain connections with venture capital funds?

These are just a few of the questions our Founding Partner Daniel Tomov and Mary Ivanova dive into during the latest episode of Капитал's "Zero to Unicorn" podcast.

Perfect company for your morning coffee! ☕️

🎧 Listen here - https://www.capital.bg/podcast/ot_nula_do_ednorog/2024/05/14/4625579_podkast_ot_nula_do_ednorog_s1e7_kak_se_finansira/.

Изпълнителният директор на фонда за рисков капитал Еleven за инвестициите в напреднали компании

14/05/2024

The long-awaited Season 5 Demo Day of Elevate AUBG Accelerator is in the books! 🤩

Congratulations to the seven teams who poured their hearts and souls into their startup ideas over the last 18 weeks and well-deserved for those who received funding from the $30,000 investment pool - Verdere, Enthela аnd Regrounded.

It's almost five years since the start of the program empowering AUBG students and alumni to kickstart their ventures. We are glad to be part of this journey and to be supporting its growth!

🙌 A big thank you goes out to all the donors and supporters who believe in the long-term vision and value of the accelerator, the dedicated mentors who worked tirelessly with the participating student-led teams, and of course, the stellar Elevate managing team!

The best is yet to come!

👀 Learn more in Капитал's article - https://www.capital.bg/biznes/startup/2024/05/02/4620867_aubg_finansira_3_studentski_startup_idei_v/.

CC: American University in Bulgaria - AUBG, AUBG Alumni Association - AAA
and the team of Elevate: Martin Stanchev, Daria Naidenova, Georgi Vankov, Nikol-Valerie, Mariela Nikolova, Emilian Pramatarov

24/04/2024

🎾 While Hristo Borisov masters the game of fintech at Payhawk, we have seen him equally impressive with a tennis racket in hand. Speaking of which...

You heard the news, right? Grigor Dimitrov joining Payhawk as its first global brand ambassador!

"It's great to be part of a team whose dedication to their work has led them to global success. I am truly happy that we share the same values, along with a drive to give back to our local communities", Grigor shares about the partnership.

👏 We're excited to see his newest playing shirts get some action on the court this week in Madrid.

23/04/2024

AI Adoption Chapter 3 is here! Salespeople, mark your calendars! 📆

Join us on May 15th, at our home Campus X to:

🗒 Gain insights from professionals who are actively using AI to enhance sales strategies in areas like lead generation, customer relationship management, predictive analytics, sales automation, and more.
🧑‍💻 Walk away with practical knowledge and strategies that you can apply to your own sales efforts.
🤝 Connect with like-minded entrepreneurs, AI enthusiasts, and industry experts. It's also your chance to mingle with our team, portfolio founders, and partners.

👉 Seats are limited so make sure to reserve your spot - https://lu.ma/5usaunkk.

P.S. We'll reveal the speakers' line-up very soon! 👀

18/04/2024

💭 “We don't believe in local micro-ecosystems, but in common infrastructure for the CEE ecosystem to thrive.”

That's the insight our Partner Valeri Petrov shared with Lisa Palchynska in an interview for Vestbee during the Vestbee CEE VC Summit.

If you are curious about:

👀 Boosting the number of unicorns in the region?
👀 The impact of brand awareness in the VC landscape?
👀 Current challenges VC funds are facing?
👀 Steps needed to build a common infrastructure for the entire region?
👀 Future plans for Eleven?

👉 Dive into the full conversation - https://www.vestbee.com/blog/articles/we-don-t-believe-in-local-micro-ecosystems-but-in-common-infrastructure-for-the-cee-ecosystem-to-thrive-interview-with-eleven-ventures.

What are your thoughts? Do you think a common infrastructure is key to boosting the number of unicorns in our region? 🤔

12/04/2024

🛩 We are sure you couldn't have missed the drone parked right in front of Campus X's entrance but...

The first public exhibition of the Black Swan is opening doors this weekend!

🗓 April 14-26, 2024
📍 Campus X, where it all started
🎟 Free admission

Dronamics is coming back to its roots.

👋 Come see the evolution of a Black Swan up close and make sure to stop by our office and say hi!

04/04/2024

📺 founder Hristo Borisov on Payhawk's strategic moves for Bloomberg TV Bulgaria.

✔️ The company is in advanced discussions for global acquisitions.
✔️ In 2024, Payhawk plans to enhance its Bulgarian team by adding 60 new talents, with a keen focus on programming and sales roles.
✔️ Amidst the challenges of scaling up, Payhawk reports a 90% surge in regular subscriptions year-on-year for 2023.

👇 For more details on what lies ahead, read the full article on Bloomberg TV Bulgaria.

Христо Борисов, съосновател на Payhawk, „UpDate”, 30.03.2024 г.

25/03/2024

🤩 Feeling energized and inspired after the CEE VC Summit 2023 hosted by Vestbee!

With more than 200 VC fund managers from all over Central and Eastern Europe, the opportunities to connect, learn, and engage in meaningful conversations were endless.

📌 What are the key challenges and trends in the CEE ecosystem?
📌 How can the market progress faster and catch up with its more mature Western peers?
📌 How to select companies for a profitable portfolio?
📌 What could be done to facilitate the rise of unicorns originating from the region?

These were only some of the critical questions shaping the CEE venture landscape that we addressed over the two days.

Vestbee team, thank you again for welcoming us and providing a platform for the CEE ecosystem to thrive!

Warsaw, we will see you soon! 👋