About Cleverage VC
Cleverage VC is a venture capital firm founded in 2020. It is primarily based out of Bucharest, Romania. As of Oct 2023, Cleverage VC has invested in 12 companies. It primarily invests in Seed round in Romania based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to HealthTech and Life Sciences. Most recently it participated in the $***** Seed round of Zitamine Overall, Cleverage VC portfolio has seen 1 acquisition, namely Sanopass. A lot of funds co-invest with Cleverage VC, with names like Techcelerator sharing a substantial percentage of its portfolio. Cleverage VC has team of 6 people including 5 partners.Key Metrics
Team Members
Portfolio Sectors
Rounds of Entry
Seed
Portfolio Acquisitions
Cleverage VC's List of Top Investments
Cleverage VC has a portfolio of 12 companies. Their most notable investments are in Synaptiq health and Zitamine.Their portfolio spans across Romania, Austria and United Kingdom. They have invested in Enterprise Applications, HealthTech, Life Sciences and 3 other sectors, across stages such as Seed stage. Here is the list of top investments by Cleverage VC:
1. Medicai
Provider of second opinion software for doctors and consultation for patients. Provider of cloud-based, real-time collaboration between doctors and patients on imaging investigations (CT, MRI, PET-CT, and more) and medical documents, for second opinions. Their technology assists team members to collaborate and gives medical teams access to imaging data whenever they need it. Pricing is scaled according to the size of the business.
Key facts about Medicai
2. Xvision
AI-based algorithm for radiologist imaging. It offers anomaly detection for providing screening and analysis of radiographic medical images along with the interpretation of x-rays, AI-powered tools for lung segmentation and bone extraction, and other helper tools.
Key facts about Xvision
- Founded Year: 2018
- Location: Timisoara (Romania)
- Stage: Seed
- Total Funding till date: $1.71M
- Employee Count: 26 as on May 31, 2026
- Investors: bValue Fund, Gapminder and 8 Others
- Latest Funding Round: Seed, Jan 13, 2022, $*****
- Highlight: Editors' Pick
3. Parol
Provider of AI-powered EHR voice solutions for healthcare. It offers a platform that transcribes the consultation in real time, completes the paperwork, and streamlines the clinical process. It also offers a personalized account for doctors to save audio notes.
Key facts about Parol
- Founded Year: 2022
- Location: Bucharest (Romania)
- Stage: Series A
- Total Funding till date: $1.51M
- Employee Count: 10 as on Jul 31, 2026
- Investors: Gapminder, Cleverage VC and 4 Others
- Latest Funding Round: Series A, Dec 12, 2024, $*****
4. VoxiKids
VoxiKids is a mobile-based application providing speech therapy solutions for kids. It provides a gamified language development solution, therapy sessions, exercises, parent speech-therapist communication, and many more. It enables in development of language and vocabulary of children. It provides its application for Android as well as iOS.
Key facts about VoxiKids
- Founded Year: 2020
- Location: Bucharest (Romania)
- Stage: Seed
- Total Funding till date: $247K
- Employee Count: 11 as on May 31, 2026
- Investors: Gapminder, Techcelerator and 5 Others
- Latest Funding Round: Grant (prize money), Feb 29, 2024, $*****
- Highlight: Editors' Pick
5. MediNav
Provider of AI-based data management and documentation platform for healthcare professionals. The tool developed by the company assists with patients' form filling process and data documentation for clinical data and patient data management. The tool with AI-enabled technology has features to pre-populate the medical forms for the helathacre professional and has features to cross-check for drug interactions that enable doctors to revise patients' records for consultation.
Key facts about MediNav
- Founded Year: 2020
- Location: Vienna (Austria)
- Stage: Seed
- Total Funding till date: $327K
- Employee Count: 5 as on Jul 31, 2026
- Investors: Techcelerator, Overkill Ventures and 3 Others
- Latest Funding Round: Seed, Dec 16, 2022, $*****
Cleverage VC's Year-on-Year Investment Trends
Cleverage VC has invested in 12 companies over the last 6 years, with an average of 1 new investment annually in the last 5 years. Its most recent first time investment was in Zitamine.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 1 | 0 | 1 |
2022 | 2 | 0 | 2 |
2021 | 2 | 0 | 2 |
2020 | 1 | 0 | 1 |
Cleverage VC's Investments by Stage
Cleverage VC has made 6 investments in Seed stage with an average round size of $435K.Cleverage VC's Investments by Sector
Cleverage VC has a diverse portfolio, with companies operating in the Enterprise Applications, HealthTech, Artificial Intelligence - Industry Applications, Healthcare and Life Sciences. Notably, it has invested in 11 Tech companies, 9 Software companies, 8 Enterprise (B2B) companies and at least 5 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 4 |
HealthTech | 4 |
Artificial Intelligence - Industry Applications | 1 |
Healthcare | 1 |
Life Sciences | 1 |
Note: We have considered here, only first round of investments
Cleverage VC's Investments by Geography
Cleverage VC has made most investments in Romania (4), followed by Austria where it has made 1 investment.Country | No. of Investments |
|---|---|
Romania | 4 |
Austria | 1 |
United Kingdom | 1 |
Note: We have considered here, only first round of investments
Cleverage VC's recent investments
Cleverage VC has not made any investment in 2026 so far.Here are the most recent investments by Cleverage VC:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Oct 03, 2023 | Romania | Seed | 6875 | [+1] | |
Aug 13, 2022 | Romania | Seed | 8671 | [+3] | |
Jan 13, 2022 | Romania | Seed | 4753 | [+6] | |
Oct 19, 2021 | United Kingdom | Seed | 1984 | [+2] | |
Oct 19, 2021 | Romania | Seed | 4173 |
Acquired companies in Cleverage VC's Portfolio
1 company from Cleverage VC's portfolio has been acquired. The most recent acquisition was Sanopass in Sep 2022 by MedLife for $*****.Here are Cleverage VC's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 12, 2022 | - | - | 1894 |
Team profile of Cleverage VC
Cleverage VC has a team of 6 members including 5 Partners located in Romania. Cleverage VC's team does not sit on the board of any company as of now.Here is a list of all team members in Cleverage VC:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Romania | - | ||
Partner | Bucharest | - | ||
Partner | Bucharest | - | ||
Partner | Bucharest | - | ||
Partner | Bucharest | - | ||
Partner | Romania | - |
Co-investors of Cleverage VC
Over the past 6 years, 20 investors have co-invested in Cleverage VC's portfolio companies. This includes funds and angels.
- Invested before Cleverage VC: EIT Health and Gapminder have invested in rounds before Cleverage VC. There is 1 company where EIT Health has invested before Cleverage VC and 1 company where Gapminder has invested before Cleverage VC.
- Top Co-investors of Cleverage VC: 15 investors entered a company along with Cleverage VC. These include investors like Techcelerator (2 companies).
- Invested after Cleverage VC: A total of 3 investors have invested in Cleverage VC's portfolio after their investments. Top Investors include Gapminder (1 company), Growceanu (1 company) and Overkill Ventures (1 company).
Recent News related to Cleverage VC
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Czech startup Kardi AI secures €1.1M in funding to develop its cardiac health solutionAin•Apr 28, 2025•Kardi Ai, BrightCap Ventures, DEPO Ventures, Garage Angels and 4 others
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Czech medtech KARDI AI raises €1.5M in seed fundingAIN.Capital•Nov 28, 2023•Soulmates Ventures, Cleverage VC, DEPO Ventures, Purple Ventures and 1 other
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Romanian healthtech Zitamine Nutrition secures €350kAIN.Capital•Oct 03, 2023•Zitamine, V7Capital, Cleverage VC, Mavers
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The Medtech company Synaptiq raises new investment round, open for the private investorsBusiness Review•Apr 05, 2023•Synaptiq, Fortech Investments, Cleverage VC, Gapminder and 1 other
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The XVision medical platform obtains 1 million euros in a new round of fundingForbes Romania•Jan 13, 2022•Xvision, Gapminder, ROCA X, Cleverage VC and 2 others
