Siena Secondary Fund

Siena Secondary Fund specializes in creating liquidity opportunities for early-stage participants in promising startups across Central Eastern Europe and the Nordic regions. The fund strategically acquires equity stakes from initial investors, company founders, and team members who seek to monetize their holdings prior to traditional exit events. Focusing primarily on post-Series A companies with proven business models and significant growth trajectories, Siena has established itself as a valuable bridge between primary stakeholders and secondary market opportunities.

With a disciplined investment approach, Siena targets companies that have demonstrated market validation through successful fundraising rounds and established revenue streams. The fund's portfolio consists of carefully selected high-growth ventures that have surpassed early-stage risks but still offer substantial upside potential. This curated collection of emerging regional champions spans various sectors including fintech, enterprise software, digital health, and consumer technology, reflecting the diverse innovation landscape across the CEE and Nordic ecosystems.

What distinguishes Siena in the secondary market is its privileged access to typically private transactions that remain inaccessible to most investors. By cultivating strong relationships with founders, venture capital firms, and ecosystem partners throughout the regions, the fund gains visibility into exclusive deal flow before companies reach broader markets. This selective approach enables Siena to function effectively as a specialized index fund for scaling companies, offering investors diversified exposure to the region's most promising ventures without the typical J-curve associated with primary venture investments.

The fund's investment strategy addresses a critical gap in European venture markets, where liquidity options have traditionally been limited compared to more mature ecosystems. For investors, Siena provides access to a portfolio of vetted, high-potential companies with reduced early-stage risk and shorter time horizons to potential exits. For founders and early employees, the fund offers valuable partial liquidity while allowing continued participation in their company's growth journey. This balanced approach has positioned Siena as an important player in strengthening the overall maturity and sustainability of the CEE and Nordic startup ecosystems.