About Morningside Hill
Morningside Hill is a venture capital firm founded in 2014. It is primarily based out of Sofia, Bulgaria. As of Jul 2023, Morningside Hill has invested in 5 companies. 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 Real Estate and Construction Tech. Most recently it participated in the $***** Seed round of Yoga Llama A lot of funds co-invest with Morningside Hill, with names like Blue Ocean Ventures sharing a substantial percentage of its portfolio. Morningside Hill has team of 5 people including 4 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed & Series A
Morningside Hill's List of All Investments
Morningside Hill has a portfolio of 5 companies. Their most notable investments are in ThingsLog and nPloy.Their portfolio spans across and Bulgaria. They have invested in Enterprise Applications, High Tech, Real Estate and Construction Tech and 6 other sectors, across stages such as Seed, Series A stages. Here is the list of all investments by Morningside Hill:
1. nPloy
Mobile-based application for job matching. It provides a platform to find job opportunities, upload CV and candidates can chat with employers directly. It enables applicants to manage resumes and cover letters, add anonymity filter, develop profiles, and more. The offering sectors include marketing, IT, sales, finance, HR, and more.
Key facts about nPloy
- Founded Year: 2011
- Location: Sofia (Bulgaria)
- Stage: Series A
- Total Funding till date: $6.69M
- Employee Count: 16 as on Jul 01, 2024
- Investors: Blue Ocean Ventures, Morningside Hill and 1 Other
- Latest Funding Round: Series A, Feb 01, 2024, $*****
- Highlight: Editors' Pick
2. Nasekomo
Key facts about Nasekomo
- Founded Year: 2017
- Location: Sofia (Bulgaria)
- Stage: Series A
- Total Funding till date: $13.3M
- Employee Count: 33 as on Jul 01, 2024
- Investors: Innovasjon Norge, New Vision 3 Fund and 4 Others
- Latest Funding Round: Series A, Jan 11, 2024, $*****
3. ThingsLog
Provider of smart monitoring solutions for industries. It provides solutions such as water & liquid metering and monitoring, gas metering & monitoring, power monitoring, remote pressure monitoring, and tank level monitoring. It uses low-power LPWAN data loggers for smart monitoring with IoT platforms. It provides products such as GSM data loggers, NB-IoT data loggers, LoRa data loggers, LoRa gateways, and a platform for consumption monitoring as a service.
Key facts about ThingsLog
- Founded Year: 2013
- Location: Sofia (Bulgaria)
- Stage: Seed
- Employee Count: 14 as on Jul 01, 2024
- Investors: Morningside Hill and ReconArt Software
- Latest Funding Round: Seed, Jan 13, 2022, $*****
4. Yoga Llama
AI-powered tracking and self-learning yoga application. The company's app combines yoga augmented reality (AR) and artificial intelligence (AI) to provide a visual representation of yoga poses, track the movement of the human body, and identify whether a user is performing a pose properly or not.
Key facts about Yoga Llama
- Founded Year: 2016
- Location: Sofia (Bulgaria)
- Stage: Seed
- Total Funding till date: $1.11M
- Investors: Morningside Hill
- Latest Funding Round: Seed, Jul 24, 2023, $*****
- Highlight: Editors' Pick
Key facts about Fidelitas Group
- Founded Year: 2016
- Location: Varna (Bulgaria)
- Stage: Seed
- Investors: Morningside Hill
- Latest Funding Round: Seed, Jan 19, 2022, $*****
Morningside Hill's Year-on-Year Investment Trends
Morningside Hill has invested in 5 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 Yoga Llama.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 | 3 | 0 | 3 |
2021 | 0 | 0 | 0 |
2020 | 1 | 0 | 1 |
Morningside Hill's Investments by Stage
Morningside Hill has made 4 investments in Seed stage with an average round size of $1.57M and 1 investment in Series A stage with an average round size of $4.52M.Stage of entry | No. of Investments |
|---|---|
Seed | 4 |
Series A | 1 |
Note: We have considered here, only first round of investments
Morningside Hill's Investments by Sector
Morningside Hill has a diverse portfolio, with companies operating in the Enterprise Applications, High Tech, AR VR - Industry Applications, Consumer and Energy Tech. Notably, it has invested in 3 Tech companies, 2 Consumer (B2C) companies, 2 Enterprise (B2B) companies and at least 2 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 2 |
High Tech | 2 |
AR VR - Industry Applications | 1 |
Consumer | 1 |
Energy Tech | 1 |
Others | 8 |
Note: We have considered here, only first round of investments
Morningside Hill's Investments by Geography
Morningside Hill has made most investments in Bulgaria (5).Morningside Hill's recent investments
Morningside Hill has not made any investment in 2026 so far.Here are the most recent investments by Morningside Hill:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 24, 2023 | Bulgaria | Seed | 9547 | - | |
Aug 17, 2022 | Bulgaria | Seed | 2539 | ||
Jan 19, 2022 | Bulgaria | Seed | 9520 | - | |
Jan 13, 2022 | Bulgaria | Seed | 7622 | ||
Jul 07, 2020 | Bulgaria | Series A | 9848 |
Team profile of Morningside Hill
Morningside Hill has a team of 5 members including 4 Partners located in United States and Bulgaria. Morningside Hill's team does not sit on the board of any company as of now.Here is a list of all team members in Morningside Hill:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | New York City | - | ||
Partner | New York City | - | - | |
Partner | - | - | ||
Partner | Sofia | - | - |
Co-investors of Morningside Hill
Over the past 6 years, 7 investors have co-invested in Morningside Hill's portfolio companies. This includes only funds.
- Invested before Morningside Hill: Chivas Venture has invested before Morningside Hill.
- Top Co-investors of Morningside Hill: 3 investors entered a company along with Morningside Hill. These include investors like Blue Ocean Ventures (1 company).
- Invested after Morningside Hill: A total of 3 investors have invested in Morningside Hill's portfolio after their investments. Top Investors include Europa (1 company), Innovasjon Norge (1 company) and Invenio Partners (1 company).
Recent News related to Morningside Hill
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Coursedot closes a new investment round of $1 millionEleven Capital•Jun 24, 2021•Course Dot, Eleven, Morningside Hill
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Nasekomo signs the largest publicly announced early stage AgTech deal in Emerging EuropeAgriculture XPRT•Jul 02, 2020•Nasekomo, Morningside Hill, Emerging Europe, New Vision 3 Fund and 2 others
