About Lead Ventures
Lead Ventures is a venture capital firm founded in 2017. It is primarily based out of Budapest, Hungary. As of Mar 2025, Lead Ventures has invested in 20 companies. It primarily invests in Series A round in Hungary based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to Auto Tech and High Tech. Most recently it participated in the $***** Seed round of Xund AI Overall, Lead Ventures portfolio has seen 3 acquisitions, namely AImotive, Oxla and Amodo. A lot of funds co-invest with Lead Ventures, with names like Euroventures sharing a substantial percentage of its portfolio. Lead Ventures has team of 13 people including 3 partners.Key Metrics
Lead Ventures' List of Top Investments
Lead Ventures has a portfolio of 20 companies. Their most notable investments are in Good Vision and Leanpay.Their portfolio spans across Hungary, United Kingdom, Croatia and 8 more locations. They have invested in Enterprise Applications, Auto Tech, High Tech and 14 other sectors, across stages such as Series A, Seed and 2 more. Here is the list of top investments by Lead Ventures:1. Antavo
Loyalty and contest software for e-commerce and retail brands. It is a Software-as-a-Service solution to create a point-based loyalty program. Provides API and SDK integrations. Also provides analytics features with the loyalty program. It is a no-code platform to manage loyalty programs.
Key facts about Antavo
- Founded Year: 2011
- Location: London (United Kingdom)
- Stage: Series A
- Total Funding till date: $10M
- Employee Count: 110 as on May 31, 2026
- Investors: Innovation Nest, Fine Day Ventures and 10 Others
- Latest Funding Round: Series A, Nov 09, 2022, $*****
- Highlight: Editors' Pick
2. AImotive
Provider of automated driving software, simulation, data tools, and hardware. The company delivers embedded solutions, automotive-grade hardware, and tooling for automated driving features. It offers data processing tools, AI acceleration hardware IP, and a virtual environment. The company’s products enable development of advanced driver-assistance systems and automated driving solutions.
Key facts about AImotive
- Founded Year: 2015
- Location: Budapest (Hungary)
- Stage: Acquired
- Total Funding till date: $88.8M
- Employee Count: 321 as on May 31, 2026
- Investors: Cisco Investments, Samsung Catalyst Fund and 13 Others
- Latest Funding Round: Grant (prize money), Oct 31, 2023, $*****
- Highlight: Acquired
3. GA Drilling
Developer of downhole anchoring and drive systems for drilling applications. The company focuses on technology for deep geothermal drilling, oil, and gas industries. It offers solutions for large energy consumers and geothermal developers. The company's technology aims to improve drilling speed, safety, and depth capabilities.
Key facts about GA Drilling
- Founded Year: 2008
- Location: Bratislava (Slovakia)
- Stage: Series C
- Total Funding till date: $112M
- Employee Count: 82 as on May 31, 2026
- Investors: Lead Ventures, Pro Partners and 12 Others
- Latest Funding Round: Series C, Oct 23, 2025, $*****
- Highlight: Editors' Pick
4. CloudTalk
Provider of cloud-based communication platform offering AI-powered call center solutions. The platform delivers tools for business phone systems, call flow design, and call management. It offers features such as call recording, real-time monitoring, and analytics and reporting. The platform provides outbound and inbound call automation, team coaching, and integrations with various CRM systems.
Key facts about CloudTalk
- Founded Year: 2015
- Location: Toronto (Canada)
- Stage: Series B
- Total Funding till date: $45.3M
- Employee Count: 217 as on May 31, 2026
- Investors: Montauk Ventures, henQ and 6 Others
- Latest Funding Round: Series B, Jan 17, 2024, $*****
- Highlight: Editors' Pick
5. Oxla
Provider of a platform offering database creation solutions. it is a developer of a distributed database platform designed for the execution of analytical queries. The platform dedicates to data analytics that provides the execution of analytical queries than the current state of the art system enabling businesses to get scalable analytical databases.
Key facts about Oxla
- Founded Year: 2020
- Location: Warsaw (Poland)
- Stage: Acquired
- Total Funding till date: $11M
- Employee Count: 14 as on May 31, 2026
- Investors: TQ Ventures, Lead Ventures and 4 Others
- Latest Funding Round: Seed, Sep 20, 2024, $*****
- Highlight: Acquired
Lead Ventures' Year-on-Year Investment Trends
Lead Ventures has invested in 20 companies over the last 7 years, with an average of 2 new investments annually in the last 5 years. In 2025, it made 1 investment. Its most recent first time investment was in Xund AI and most recent follow-on round was in Leanpay.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 1 | 0 | 1 |
2024 | 5 | 1 | 6 |
2023 | 2 | 0 | 2 |
2022 | 1 | 0 | 1 |
2021 | 2 | 1 | 3 |
2020 | 4 | 0 | 4 |
2019 | 3 | 0 | 3 |
Lead Ventures' Investments by Stage
Lead Ventures has made 11 investments in Series A stage with an average round size of $4.54M, 3 investments in Seed stage with an average round size of $6.89M, 3 investments in Series B stage with an average round size of $14.4M and 1 investment in Series C stage with an average round size of $20M.Stage of entry | No. of Investments |
|---|---|
Series A | 11 |
Seed | 3 |
Series B | 3 |
Series C | 1 |
Note: We have considered here, only first round of investments
Lead Ventures' Investments by Sector
Lead Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Auto Tech, High Tech, Transportation and Logistics Tech and Vertical SaaS. Notably, it has invested in 19 Tech companies, 17 Enterprise (B2B) companies, 17 Software companies and at least 9 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 14 |
Auto Tech | 5 |
High Tech | 5 |
Transportation and Logistics Tech | 5 |
Vertical SaaS | 4 |
Others | 28 |
Note: We have considered here, only first round of investments
Lead Ventures' Investments by Geography
Lead Ventures has made most investments in Hungary (5), followed by United Kingdom where it has made 3 investments.Country | No. of Investments |
|---|---|
Hungary | 5 |
United Kingdom | 3 |
Croatia | 2 |
Lithuania | 2 |
Austria | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
Lead Ventures' recent investments
Lead Ventures has not made any investment in 2026 so far.Here are the most recent investments by Lead Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Mar 05, 2025 | Austria | Seed | 7073 | [+3] | |
Oct 02, 2024 | Croatia | Series B | 7006 | [+2] | |
Sep 20, 2024 | Poland | Seed | 1510 | [+2] | |
Jul 24, 2024 | United Kingdom | Series B | 6943 | [+2] | |
Jul 11, 2024 | Lithuania | Series A | 2578 | [+1] |
Acquired companies in Lead Ventures' Portfolio
3 companies from Lead Ventures' portfolio have been acquired. The most recent acquisition was Oxla in Oct 2025 by Redpanda for $*****.Here are Lead Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Oct 28, 2025 | Sep 20, 2024 | Seed | 5580 | |
Mar 01, 2023 | May 11, 2020 | Series A | 6882 | |
Nov 17, 2022 | May 2020 | Series C | 2915 |
Team profile of Lead Ventures
Lead Ventures has a team of 13 members including 3 Partners and 1 Principal located in Hungary. Lead Ventures' team does not sit on the board of any company as of now.Here is a list of top team members in Lead Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Hungary | - | ||
Partner | Hungary | - | ||
Partner | Hungary | - | ||
Principal | Hungary | - | - |
Co-investors of Lead Ventures
Over the past 7 years, 69 investors have co-invested in Lead Ventures's portfolio companies. This includes funds and angels.
- Invested before Lead Ventures: Europa, EIC Fund and 42 others have invested in rounds before Lead Ventures. There are 3 companies where Europa has invested before Lead Ventures and 3 companies where EIC Fund has invested before Lead Ventures.
- Top Co-investors of Lead Ventures: 19 investors entered a company along with Lead Ventures. These include investors like Euroventures (1 company).
- Invested after Lead Ventures: A total of 6 investors have invested in Lead Ventures's portfolio after their investments. Top Investors include Ministry of Human Capacities (1 company), BlackPeak Capital (1 company) and Catalyst Romania (1 company).
Recent News related to Lead Ventures
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HealthTech Scale-up XUND Secures €6M in Pre-Series A FundingRecurisve Media JSC•Mar 05, 2025•Xund AI, Lead Ventures, J&T Ventures, MassMutual Ventures and 4 others
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Oxla raises $11M Seed for high-volume analytical data processingTech.eu•Oct 22, 2024•Oxla, TQ Ventures, Lead Ventures, Warsaw Equity Group and 3 others
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Redtrack Raises $3.2m For Ai-driven Ad Tracking And Automation PlatformTech Funding News•Oct 09, 2024•RedTrack, Lead Ventures, InstaVC, Iron Wolf Capital and 1 other
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Croatia’s All Eyes On Screens secures €10M to transform TV and video advertising with AISilicon Canals•Oct 02, 2024•Taiwania Capital, Lead Ventures, Recurisve Media JSC, all eyes on screens and 2 others
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The Budapest -based company reveals that it has raised 100 million ...novini247.com•Sep 20, 2024•Lead Ventures
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Leanpay attracts 10 million euros in a new funding round led by BlackPeak Capital and Catalyst Romania Fund IIBiz Magazine•Aug 02, 2024•Leanpay, BlackPeak Capital, Catalyst Romania, South Central Ventures and 1 other
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Bulgarian BlackPeak Capital Leads €10M Series B Funding in Slovenia’s LeanpayRecurisve Media JSC•Jul 30, 2024•BlackPeak Capital, Leanpay, Catalyst Romania, South Central Ventures and 2 others
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Budapest-based Lead Ventures launches €100 million fund to strengthen the CEE ecosystemEU-Startups•Jul 22, 2024•Lead Ventures, 13books Capital, Alpine Space, Index Ventures and 1 other
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