Where is Tesonet's headquarters located?

Tesonet's headquarters is located in Vilnius (Lithuania).

How many companies has Tesonet invested in?

Tesonet has invested in 10 companies, including Cast AI & Bank of Siauliai.

Which companies has Tesonet invested in lately?

BirdyChat & Finbee.com are the latest investments by Tesonet.

How many exits has Tesonet been involved in?

Tesonet's portfolio has seen 1 IPO.

How many unicorns are there in Tesonet's portfolio?

There is 1 unicorn in Tesonet's portfolio.

Tesonet - 2026 Investor Profile, Portfolio & Investment Trends

1. Cast AI

Provider of a platform for Kubernetes automation and cost optimisation. The platform offers application performance automation, infrastructure optimisation, and workload rightsizing. It provides real-time visibility into resource utilisation and application performance. The platform also includes self-healing operations and automates spot instance management across cloud environments.

Key facts about Cast AI

Founded Year: 2019
Location: Miami (United States)
Valuation: $*****
Stage: Series C
Total Funding till date: $272M
Employee Count: 340 as on May 31, 2026
Investors: Creandum, Vintage Investment Partners and 15 Others
Latest Funding Round: Series C, Jan 02, 2026, $*****
Highlight: Editors' Pick

2. Bank of Siauliai

Key facts about Bank of Siauliai

Founded Year: 1992
Location: Siauliai (Lithuania)
Stage: Public
Employee Count: 702 as on Mar 31, 2026
Investors: EBRD, Invalda INVL and 1 Other
Latest Funding Round: Conventional Debt, 2006, $*****
Highlight: Public

3. Turing College

Online platform providing data science-related learning courses. It provides income-shared agreement-based learning courses and job assistance solutions for students. It also provides full-time and part-time data science learning certification programs.

Key facts about Turing College

Founded Year: 2020
Location: Vilnius (Lithuania)
Stage: Seed
Total Funding till date: $2.58M
Investors: Y Combinator, Spring Capital and 10 Others
Latest Funding Round: Grant (prize money), Nov 06, 2024, $*****
Highlight: Editors' Pick

4. PIXEVIA

Developer of an AI platform for autonomous retail store operations. The platform integrates artificial intelligence to enhance customer experience and streamline operations. It supports autonomous, twenty-four seven store operation with theft prevention. The platform provides real-time stock information, out-of-stock alerts, customer analytics data, and demand forecasting. The technology includes cameras, sensors, and servers.

Key facts about PIXEVIA

Founded Year: 2013
Location: Vilnius (Lithuania)
Stage: Seed
Total Funding till date: $3.29M
Employee Count: 4 as on May 31, 2026
Investors: Commerce Ventures, Practica Capital and 10 Others
Latest Funding Round: Seed, Jan 02, 2025, $*****
Highlight: Editors' Pick

5. Yours

Provider of guided meditations, sleep stories, musical soundscapes, and psychology advice. It offers resources designed to rejuvenate the body, mind, and soul. Content includes sleep preparation, meditation for calming the mind, music for relaxation, and psychology-based life tips.

Key facts about Yours

Founded Year: 2016
Location: London (United Kingdom)
Stage: Seed
Employee Count: 27 as on May 31, 2026
Investors: Tesonet and 3 Others
Latest Funding Round: Seed, Dec 09, 2021, $*****

View the full list of portfolio companies

Tesonet has invested in 12 companies over the last 6 years, with an average of 1 new investment annually in the last 5 years. In 2025, it made 1 investment, while as of May 2026, it has made 2 investments in this year. Its most recent first time investment was in BirdyChat.

Here are Tesonet's Year-on-Year Investment Trends:

Year	No. of Investments
Year	1^st Round	Follow-on	Total
2026 (YTD)	2	0	2
2025	1	0	1
2024	0	0	0
2023	2	0	2
2022	0	0	0
2021	1	0	1
2020	2	0	2

View all investments by Tesonet

Tesonet has made 7 investments in Seed stage with an average round size of $1.75M and 1 investment in Series C stage with an average round size of $5.78M.

Here are Tesonet's investments by stage:

Stage of entry	No. of Investments
Seed	7
Series C	1

Note: We have considered here, only first round of investments

View all investments by Tesonet

Tesonet has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, FinTech, Life Sciences and Aerospace, Maritime and Defense Tech. Notably, it has invested in 8 Tech companies, 6 Software companies, 5 Consumer (B2C) companies and at least 4 companies focusing on Enterprise (B2B).

Here are Tesonet's investments by sector:

Sector	No. of Investments
Consumer	2
Enterprise Applications	2
FinTech	2
Life Sciences	2
Aerospace, Maritime and Defense Tech	1
Others	8

Note: We have considered here, only first round of investments

View all investments by Tesonet

Tesonet has made most investments in Lithuania (6), followed by United Kingdom where it has made 1 investment.

Here are Tesonet's investments by geography:

Country	No. of Investments
Lithuania	6
United Kingdom	1

Note: We have considered here, only first round of investments

View all investments by Tesonet

Tesonet has made 2 investments in 2026 so far - BirdyChat and Finbee.com.

Here are the most recent investments by Tesonet:

Filter this list

Date	Company	Location	Round Details	Round Amount	Co-Investors
May 05, 2026	BirdyChat	-	Seed	2160	Dig Ventures [+6]
Mar 10, 2026	Finbee.com	Lithuania	Series C	1105	UAB ZSC Techteam [+1]
Jun 03, 2025	FPRO	Lithuania	Seed	3009	-
Jul 13, 2023	Pjaunu Gryba	Lithuania	Seed	8441	-
Jan 09, 2023	Biotecus	Lithuania	Seed	1041	-

See more recent investments made by Tesonet

Tesonet has 1 unicorn in its portfolio - Cast AI. The most recent unicorn in their portfolio is Cast AI which became a unicorn in 2026.

Here is a list of unicorns in Tesonet's portfolio:

Filter this list

Tracxn Score	Company	Short Description	Founded year	Sector	Location	Company Stage	First Investment/ Acquisition Details
65	Cast AI	Provider of a platform for Kubernetes automation and cost optimisation	2019	Enterprise Infrastructure [+2]	Miami	Series C	jgpdbkr

View more details about unicorns in Tesonet's portfolio

1 of Tesonet's portfolio company became public - Bank of Siauliai. It got listed on the Nordic and Baltic regions (NASDAQ OMX), in Nov 1994.

Here are Tesonet's portfolio companies that went public:

Filter this list

Company	IPO Date	First Invested on	First Round of Investment	Round Size
Bank of Siauliai	Nov 29, 1994	-	-	4678

View more details about public companies in Tesonet's portfolio

Over the past 6 years, 31 investors have co-invested in Tesonet's portfolio companies. This includes funds and angels.

Invested before Tesonet: MassChallenge and Pollen Street Group have invested in rounds before Tesonet. There is 1 company where MassChallenge has invested before Tesonet and 1 company where Pollen Street Group has invested before Tesonet.
Top Co-investors of Tesonet: 20 investors entered a company along with Tesonet. These include investors like Startup Wise Guys (1 company).
Invested after Tesonet: A total of 9 investors have invested in Tesonet's portfolio after their investments. Top Investors include Y Combinator (1 company) and Iron Wolf Capital (1 company).