About LAUNCHUB
LAUNCHUB is a venture capital firm founded in 2012. It is primarily based out of Sofia, Bulgaria. As of Apr 2026, LAUNCHUB is an active investor, having invested in 105 companies, with 1 new investment in the last 12 months. It primarily invests in Seed round in Bulgaria based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Seed round of nFuse AI Overall, LAUNCHUB portfolio has seen 1 unicorn, 4 IPOs and 14 acquisitions including key companies like 1inch, Leanplum and Quantive. A lot of funds co-invest with LAUNCHUB, with names like Underline Ventures sharing a substantial percentage of its portfolio. LAUNCHUB has team of 19 people including 5 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 2 more
Portfolio Unicorns
Deals in last 12 months
LAUNCHUB's List of Top Investments
LAUNCHUB has a portfolio of 105 companies, one of which is a Unicorn. Their most notable investments are in Ambire and Veridion.Their portfolio spans across Bulgaria, United Kingdom, United States and 16 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 24 other sectors, across stages such as Seed, Series A and 2 more. Here is the list of top investments by LAUNCHUB:
1. FintechOS
Provider of AI-based software suite for the banking and insurance industry. The platforms capabilities include automated credit decisioning, underwriting, and workflows, creating self-service customer journeys, and optimizing products with analytics. It allows for the creation of financial or insurance product, automating workflows, and more.
Key facts about FintechOS
- Founded Year: 2017
- Location: London (United Kingdom)
- Stage: Series B
- Total Funding till date: $146M
- Employee Count: 218 as on Apr 30, 2026
- Investors: BlackRock, Draper Esprit and 12 Others
- Latest Funding Round: Series B, May 30, 2024, $*****
- Highlight: Editors' Pick
2. 1inch
Decentralized financial solutions. It unites decentralized protocols whose synergy enables the protected operations in the Defi space. It also offers access to hundreds of liquidity sources across multiple chains, including Ethereum, BNB Chain, Polygon, Avalanche, Optimistic Ethereum, Arbitrum, Fantom, and Gnosis Chain. Features include the aggregation protocol, the liquidity protocol, the limit order protocol, wallet, and mobile application for storing, receiving, sending, and swapping crypto assets.
Key facts about 1inch
- Founded Year: 2019
- Location: Tortola (United Kingdom)
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $190M
- Employee Count: 165 as on Apr 30, 2026
- Investors: Orthogonal Thinker, Republic Capital and 50 Others
- Latest Funding Round: Series B, Dec 01, 2021, $*****
- Highlight: Editors' Pick
3. Giraffe360
Developer of a SaaS-driven virtual tour software for real estate professionals. It offers a property listing camera for real estate agents. Its camera has stitching software that creates panoramic views automatically from the images. These can be viewed on the web, mobile, and VR headsets.
Key facts about Giraffe360
- Founded Year: 2016
- Location: London (United Kingdom)
- Stage: Series B
- Total Funding till date: $32.3M
- Employee Count: 170 as on Apr 30, 2026
- Investors: Cipio Partners, Founders Fund and 18 Others
- Latest Funding Round: Series B, Mar 26, 2026, $*****
- Highlight: Editors' Pick
4. Leanplum
Leanplum offers a platform with analytics and A/B testing tools for mobile devices. Techstars Seattle 2012 Alumnus. Added marketing automation to their feature list in July 2014, a new messaging feature that enables developers to create, automate and test highly targeted in-app messages and push notifications to their users. Featured customers include Wanelo, ModCloth, StumbleUpon, BigFish Games. ex-Google founders.
Key facts about Leanplum
- Founded Year: 2012
- Location: San Francisco (United States)
- Stage: Acquired
- Total Funding till date: $172M
- Employee Count: 33 as on Mar 31, 2026
- Investors: Shasta Ventures, Norwest and 14 Others
- Latest Funding Round: Series D, Feb 21, 2020, $*****
- Highlight: Acquired
5. Ferryhopper
Online platform to book ferry tickets. The platform enables users to discover direct/indirect routes and book ferry tickets. Users can provide destination & dates of the travel to compare & book ferry tickets.
Key facts about Ferryhopper
- Founded Year: 2016
- Location: Athens (Greece)
- Stage: Series B
- Total Funding till date: $8.88M
- Employee Count: 128 as on Apr 30, 2026
- Investors: Piton Capital, Metavallon and 4 Others
- Latest Funding Round: Series B, Jun 28, 2022, $*****
- Highlight: Editors' Pick
LAUNCHUB's Year-on-Year Investment Trends
LAUNCHUB has invested in 105 companies over the last 14 years, with an average of 4 new investments annually in the last 10 years. In 2025, it made 5 investments, while as of Apr 2026, it has made 2 investments in this year. Its most recent first time investment was in nFuse AI and most recent follow-on round was in Giraffe360.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 1 | 1 | 2 |
2025 | 3 | 2 | 5 |
2024 | 1 | 2 | 3 |
2023 | 4 | 1 | 5 |
2022 | 9 | 4 | 13 |
2021 | 7 | 3 | 10 |
2020 | 6 | 1 | 7 |
2019 | 4 | 3 | 7 |
2018 | 2 | 0 | 2 |
2017 | 0 | 2 | 2 |
LAUNCHUB's Investments by Stage
LAUNCHUB has made 69 investments in Seed stage with an average round size of $1.67M, 8 investments in Series A stage with an average round size of $12M, 1 investment in Series D stage with an average round size of $27M and 1 investment in Unattributed stage with an average round size of $1.2M.Stage of entry | No. of Investments |
|---|---|
Seed | 69 |
Series A | 8 |
Series D | 1 |
Unattributed | 1 |
Note: We have considered here, only first round of investments
LAUNCHUB's Investments by Sector
LAUNCHUB has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, Enterprise Infrastructure, FinTech and Blockchain - Industry Applications. Notably, it has invested in 95 Tech companies, 69 Software companies, 67 Enterprise (B2B) companies and at least 44 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Enterprise Applications | 41 |
High Tech | 20 |
Enterprise Infrastructure | 11 |
FinTech | 11 |
Blockchain - Industry Applications | 10 |
Others | 88 |
Note: We have considered here, only first round of investments
LAUNCHUB's Investments by Geography
LAUNCHUB has made most investments in Bulgaria (24), followed by United Kingdom where it has made 19 investments.Country | No. of Investments |
|---|---|
Bulgaria | 24 |
United Kingdom | 19 |
United States | 17 |
Romania | 5 |
Slovenia | 3 |
Others | 12 |
Note: We have considered here, only first round of investments
LAUNCHUB's recent investments
LAUNCHUB has made 2 investments in 2026 so far - nFuse AI and Giraffe360.Here are the most recent investments by LAUNCHUB:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 07, 2026 | Bulgaria | Seed | 2310 | ||
Mar 26, 2026 | United Kingdom | Series B | 3319 | [+3] | |
May 08, 2025 | Bulgaria | Seed | 6154 | - | |
Apr 23, 2025 | United Kingdom | Series A | 7283 | [+2] | |
Apr 23, 2025 | United States | Seed | 1962 | [+4] |
Unicorns in LAUNCHUB's Portfolio
LAUNCHUB has 1 unicorn in its portfolio - 1inch. The most recent unicorn in their portfolio is 1inch which became a unicorn in 2021, 1 years after LAUNCHUB first invested in it.Here is a list of unicorns in LAUNCHUB's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
63 | Decentralized financial solutions | 2019 | Tortola | Series B | blttabk |
IPOs and Publicly Listed companies in LAUNCHUB's Portfolio
4 of LAUNCHUB's portfolio companies have become public.Here are LAUNCHUB's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
- | Dec 11, 2012 | Seed | 4167 | |
- | Jun 26, 2014 | Seed | 5719 | |
- | 2014 | Seed | 5750 | |
- | Sep 02, 2014 | Seed | 6113 |
Acquired companies in LAUNCHUB's Portfolio
14 companies from LAUNCHUB's portfolio have been acquired. The most recent acquisition was SplxAI in Nov 2025 by Zscaler for $*****.Here are LAUNCHUB's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 03, 2025 | Feb 13, 2025 | Seed | 3351 | |
May 28, 2025 | Jul 2018 | Unattributed | 7645 | |
Apr 22, 2025 | - | - | 1244 | |
Jul 09, 2024 | May 28, 2021 | Seed | 7252 | |
Apr 05, 2024 | Oct 04, 2021 | Seed | 8458 |
Team profile of LAUNCHUB
LAUNCHUB has a team of 19 members including 5 Partners, 2 Venture Partners and 3 Principals located in Bulgaria, United States and 2 more locations. LAUNCHUB's team sits on the board of 1 company.Here is a list of top team members in LAUNCHUB:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | United States | - | ||
Partner | Sofia | |||
Partner | Bulgaria | - | ||
Partner | Sofia | - | ||
Partner | Helsinki | - | - | |
Venture Partner | Greece | - | - | |
Venture Partner | Bulgaria | - | - | |
Principal | Bulgaria | - | ||
Principal | Washington, DC | - | ||
Principal | Bulgaria | - | - |
Co-investors of LAUNCHUB
Over the past 14 years, 238 investors have co-invested in LAUNCHUB's portfolio companies. This includes funds and angels.
- Invested before LAUNCHUB: Gapminder, Techstars and 44 others have invested in rounds before LAUNCHUB. There are 3 companies where Gapminder has invested before LAUNCHUB and 3 companies where Techstars has invested before LAUNCHUB.
- Top Co-investors of LAUNCHUB: 111 investors entered a company along with LAUNCHUB. These include investors like Underline Ventures (3 companies).
- Invested after LAUNCHUB: A total of 81 investors have invested in LAUNCHUB's portfolio after their investments. Top Investors include Eleven (3 companies), Europa (3 companies) and Cipio Partners (2 companies).
Recent News related to LAUNCHUB
•
•
Giraffe360 Raises $10M Series B Round Led By Cipio PartnersStartup Rise EU•Mar 26, 2026•LAUNCHUB, Cipio Partners, Change Ventures, Hoxton Ventures and 2 others
•
Bulgarian AI Startup Thinkpilot Secures €600K Pre-Seed FundingTrending Topics•May 08, 2025•Thinkpilot, LAUNCHUB
•
•
Security startup SplxAI raised $7 million to preemptively police AI. Here’s its pitch deck.DNYUZ•Apr 20, 2025•SplxAI, LAUNCHUB, Rain Capital, Runtime Ventures and 3 others
•
AI Security Startup SplxAI Raises $7M to Shield Enterprise AI SystemsTrending Topics•Mar 26, 2025•SplxAI, LAUNCHUB, Rain Capital, Inovo Venture Partners and 3 others
•
LAUNCHub Ventures invests in SplxAI, a startup that combats AI-specific threatsstart-up.ro•Mar 26, 2025•SplxAI, LAUNCHUB, Rain Capital, Inovo Venture Partners and 1 other
•
SplxAI Raises $7 Million For AI Security PlatformSecurityWeek•Mar 26, 2025•SplxAI, South Central Ventures, Runtime Ventures, Rain Capital and 3 others
•
Bulgarian UVIONIX secures $3.5M seed funding led by LAUNCHub Venturesstart-up.ro•Feb 10, 2025•Uvionix Aerospace Corporation, LAUNCHUB, Portfolio, Underline Ventures and 5 others
•
Ampeco with new funding of $ 26 millionForbes Bulgaria•Nov 26, 2024•AMPECO, Revaia, Cavalry Ventures, BMW i Ventures and 1 other
