About Startup Highway
Startup Highway, an accelerator and incubator program founded in 2011, is based in Vilnius, Lithuania. With a presence in 5 countries, it has supported around 11 startups in sectors like Enterprise Applications, Retail. As of Jul 2026, Startup Highway has witnessed 2 portfolio exits. Most notable companies in
its portfolio include Planner 5D, Devtodev and Sellfy. The program primarily supports Seed startups based in United States. Its latest investment was a $168K Seed round in Funderful on Sep 20, 2016.
Key Metrics
Founded Year
2011
Location
Vilnius, Lithuania
Portfolio Companies
Sectors of Investment
Stages of Investment
Seed
Locations of Investment
Startup Highway's List of Top Investments
Startup Highway has a portfolio of 11 companies. Their most notable investmentis in FunderfulTheir portfolio spans across Lithuania, United States, Latvia and 2 more locations. They have invested in Enterprise Applications, Retail, Consumer and 3 other sectors, across stages such as Seed stage. Here is the list of top investments by Startup Highway:1. Planner 5D
Planner 5D is a web-based landscape and interior design tool for amateurs. Users can create detailed home plans and interior designs from a library of designs and ideas. The users can select from among the designs and design floor plans/ideas. Also provides 3D rendering and visualization features with the tool. Provides both mobile and web-based application
Key facts about Planner 5D
- Founded Year: 2011
- Location: Vilnius (Lithuania)
- Stage: Funding Raised
- Employee Count: 140 as on May 31, 2026
- Investors: IMI.VC and Startup Highway
2. Devtodev
devtodev provides real-time analytics solution for enterprises to improve mobile and web application performance by engaging customers, choosing right advertising channels, enhancing user retention etc. The pricing options are based on the number of features available: Pro and Lite. Some of the customers are CTIGames, datcroft games, planner 5D etc.
Key facts about Devtodev
- Founded Year: 2013
- Location: Vilnius (Lithuania)
- Stage: Acquired
- Employee Count: 32 as on May 31, 2026
- Investors: IMI.VC and Startup Highway
- Highlight: Acquired
3. Sellfy
Sellfy provides a simple and easy solution in the form of an e-commerce platform to sell digital products by self-publishers. Sellfy allows creators of digital content - e-books, comics, design assets, music, video or any type of digital file - to sell their goods by opening a storefront on Sellfy or adding buy buttons to their own website, blog or social media profile. In addition to eCommerce platform, Sellfy offers smart and agile tools to enhance sales and promote products via social media.They take care of digital product storage, delivery and payments.
Key facts about Sellfy
- Founded Year: 2011
- Location: Riga (Latvia)
- Annual Revenue: €0 - €1M as on Dec 31, 2015
- Stage: Seed
- Employee Count: 32 as on May 31, 2026
- Investors: Startup Highway and 1 Other
- Latest Funding Round: Angel, Jun 15, 2012, $*****
4. Funderful
Funderful provides online fundraising tools to universities, nonprofit organizations. Its solution features creative themes, campaign sharing, milestone challenges, pool prizes, and social media campaigning. Notable clients include Wolfson College, The Rhodes Trust, London Business School, Keble College etc.
Key facts about Funderful
- Founded Year: 2013
- Location: Boston (United States)
- Stage: Acqui-Hired
- Total Funding till date: $168K
- Employee Count: 11 - 50 as on Jul 01, 2024
- Investors: Wiser Financial Advisors, Siena Capital and 5 Others
- Latest Funding Round: Seed, Jan 04, 2018, $*****
5. MoboFree
Mobofree is a mobile first social marketplace in Nigeria. It initially focused on featured phones customer experience (as smartphone penetration is Africa is still under 10%) and has since optimize its mobile web version for smartphones also. It allow its African users to buy, sell and swap stuff between friends and community members. Users can also check background of buyers/sellers (ratings, common friends, history, etc.) and can negotiate online via chatting, private messaging and other internal communication tools.
Key facts about MoboFree
- Founded Year: 2011
- Location: Abuja (Nigeria)
- Stage: Deadpooled
- Employee Count: 1 as on Apr 30, 2026
- Investors: EVA Fund and Startup Highway
- Latest Funding Round: Seed, Mar 25, 2015, $*****
Startup Highway's Investments by Stage
Startup Highway has made 3 investments in Seed stage with an average round size of $168K.Startup Highway's Investments by Sector
Startup Highway has a diverse portfolio, with companies operating in the Business Services, Enterprise Applications and Retail. Notably, it has invested in 8 Tech companies, 6 Software companies, 4 Consumer (B2C) companies and at least 4 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Business Services | 1 |
Enterprise Applications | 1 |
Retail | 1 |
Note: We have considered here, only first round of investments
Startup Highway's Investments by Geography
Startup Highway has made most investments in United States (2), followed by Latvia where it has made 1 investment.Country | No. of Investments |
|---|---|
United States | 2 |
Latvia | 1 |
Note: We have considered here, only first round of investments
Startup Highway's recent investments
Startup Highway has not made any investment in 2026 so far.Here are the most recent investments by Startup Highway:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Sep 20, 2016 | United States | Seed | 4044 | - | |
Nov 01, 2011 | Latvia | Seed | 8964 | - | |
Oct 15, 2011 | United States | Seed | 8216 | - |
Acquired companies in Startup Highway's Portfolio
2 companies from Startup Highway's portfolio have been acquired. The most recent acquisition was Devtodev in Nov 2023 by AppsFlyer for $*****.Here are Startup Highway's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 08, 2023 | - | - | 1830 | |
Feb 08, 2019 | Sep 20, 2016 | Seed | 6093 |
Co-investors of Startup Highway
Over the past 15 years, 4 investors have co-invested in Startup Highway's portfolio companies. This includes funds and angels.
- Invested after Startup Highway: A total of 4 investors have invested in Startup Highway's portfolio after their investments. Top Investors include Sten Tamkivi (1 company) and Wiser Financial Advisors (1 company).
