70Ventures

AI Verified

Location

Lithuania


Investor type

Accelerator/Incubator


Current investment status

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Website

http://70ventures.com


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Company address

18 Arklių gatvė, 01305 Vilnius, Vilnius County, Lithuania


Founding year

2018


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Criteria Requirements Match
Regions Eastern Europe, North America, Northern Europe, Western Europe
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Stage Seed, Pre-Seed, Series A
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Company description

70Ventures has transitioned into a new phase, concluding its active investment period while maintaining acceleration and fund management services for its existing 70Ventures Accel and Seed funds. The investment firm continues to play a significant role in the Nordic and Baltic startup ecosystem, with team members now engaging with promising startups as angel investors and strategic advisors. For direct communication, interested parties are encouraged to connect with team members through LinkedIn or email correspondence.

The firm's impressive portfolio encompasses over 50 companies with global market ambitions, demonstrating 70Ventures' commitment to supporting internationally-focused startups. Their investment approach has yielded notable success, including their first profitable exit with Paysolut, which achieved remarkable growth by increasing revenue tenfold within just twelve months of investment. This track record highlights the firm's ability to identify high-potential ventures and provide the necessary resources for accelerated growth.

Portfolio companies under 70Ventures' guidance are experiencing substantial growth trajectories, creating numerous attractive career opportunities across various sectors. The firm actively encourages talent acquisition, inviting professionals to apply directly through their website or by contacting portfolio companies. Their talent development program has proven particularly effective in sales roles, with top Sales Development Representatives (SDRs) earning in excess of €7,000 monthly and advancing to Account Executive positions within an expedited timeframe of 8-14 months.

70Ventures has established itself as a significant talent incubator in the region, having recruited and trained over 240 professionals throughout its operational history. This extensive human capital development underscores the firm's holistic approach to startup ecosystem building, focusing not only on financial investment but also on cultivating the skilled workforce necessary for portfolio company success. As the firm evolves, its dual focus on fund management and talent development positions it uniquely within the Baltic and Nordic venture capital landscape.

Highlights

Supporting 50+ global portfolio companies with services
First successful exit with Paysolut achieving 10x revenue

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Frequently asked questions

Where is 70Ventures located?

70Ventures maintains its global headquarters in Lithuania, serving as the strategic center for its operations. The company's primary corporate offices are located at 18 Arklių gatvė, 01305 Vilnius, Vilnius County, Lithuania.

What investment stages 70Ventures focuses on?

70Ventures focuses its investment activities on companies operating in the following stages: Seed, Pre-Seed, Series A. 70Ventures provides strategic capital and expertise to support promising businesses at these critical phases of development.

Where does 70Ventures invest?

70Ventures maintains a strategic global investment presence, actively seeking opportunities across the following key regions: Eastern Europe, North America, Northern Europe, Western Europe.

When was 70Ventures founded?

70Ventures was established in 2018, marking the beginning of its journey as an investment firm.

What kind of investment firm is 70Ventures?

70Ventures is the following type of investment firm: Accelerator/Incubator. The organization provides capital and strategic support to entrepreneurs and growing companies.