About South Central Ventures
South Central Ventures is a venture capital firm founded in 2015. It is primarily based out of Zagreb, Croatia. As of Dec 2025, South Central Ventures is an active investor, having invested in 38 companies, with 2 new investments in the last 12 months. It primarily invests in Seed round in Serbia based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and FinTech. Most recently it participated in the $***** Series A round of GlycanAge Overall, South Central Ventures portfolio has seen 8 acquisitions including key companies like SplxAI, Orgnostic and Rubik. A lot of funds co-invest with South Central Ventures, with names like North Base Media sharing a substantial percentage of its portfolio. South Central Ventures has team of 4 people including 2 partners.Key Metrics
South Central Ventures' List of Top Investments
South Central Ventures has a portfolio of 38 companies. Their most notable investments are in Leanpay and Underline.Their portfolio spans across United Kingdom, United States, Serbia and 6 more locations. They have invested in Enterprise Applications, High Tech, FinTech and 18 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by South Central Ventures:1. Cognism
Cognism is a solution that allows enterprises to generate and manage leads from social media. The platform allows sales reps to monitor, track and manage leads, and get updates about any news regarding these leads. It also provides a lead scoring and analytics solution. The platform leverages machine learning and natural language processing techniques to analyze news, social media content, and calendar events and use these insights for generating leads.
Key facts about Cognism
- Founded Year: 2016
- Location: London (United Kingdom)
- Annual Revenue: £50M - £100M as on Dec 31, 2023
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $130M
- Employee Count: 454 as on Jul 31, 2026
- Investors: Blue Cloud Ventures, Venezia Capital and 37 Others
- Latest Funding Round: Series C, Jan 13, 2022, $*****
- Highlight: Editors' Pick
2. Leanpay
Provider of installment payment solutions for businesses. The platform provides BNPL solutions which allows customers for paying in installments for omni-channel platforms. It also provides priced loans,
Key facts about Leanpay
- Founded Year: 2016
- Location: London (United Kingdom)
- Annual Revenue: £10M - £50M as on Dec 31, 2025
- Valuation: $*****
- Stage: Series B
- Total Funding till date: $17.4M
- Employee Count: 117 as on Jul 31, 2026
- Investors: Lead Ventures, Almington Capital and 6 Others
- Latest Funding Round: Series B, Jul 24, 2024, $*****
- Highlight: Editors' Pick
3. SplxAI
Provider of AI powered pentesting solutions. The platform offers solutions for securing Conversational AI applications and chatbots through its pentesting platform. It providing end to end protection against known threats for its AI systems. It offers continuous red teaming, GenAI risk mitigation, GenAI guardrails, regulatory compliance, AI chatbots, conversational AI, and more.
Key facts about SplxAI
- Founded Year: 2023
- Location: United States
- Stage: Acquired
- Total Funding till date: $8.99M
- Employee Count: 24 as on Jul 31, 2026
- Investors: Rain Capital, Runtime Ventures and 6 Others
- Latest Funding Round: Seed, Feb 13, 2025, $*****
- Highlight: Acquired
4. GlycanAge
Key facts about GlycanAge
- Founded Year: 2016
- Location: Newcastle Upon Tyne (United Kingdom)
- Stage: Series A
- Total Funding till date: $12.9M
- Employee Count: 49 as on Jul 31, 2026
- Investors: Fifth Quarter Ventures, Odin Investments and 21 Others
- Latest Funding Round: Series A, Dec 18, 2025, $*****
- Highlight: Editors' Pick
5. Alchemy
Platform offering an AI and cloud-based digital twin platform for the chemical industry. It facilitates the commercialization of new formulations. It spans CRM, PPM, workflow automation, formula management, and analytics to optimize the process of going from concept to chemistry. It consolidates information, collaboration, workflow activity, and reporting into a single, real-time, cloud-based platform and can be accessed from both desktop and mobile devices.
Key facts about Alchemy
- Founded Year: 2017
- Location: San Francisco (United States)
- Stage: Series A
- Total Funding till date: $12.5M
- Employee Count: 49 as on Jul 31, 2026
- Investors: La Famiglia, Uncork Capital and 3 Others
- Latest Funding Round: Series A, Aug 30, 2022, $*****
- Highlight: Editors' Pick
South Central Ventures' Year-on-Year Investment Trends
South Central Ventures has invested in 38 companies over the last 10 years, with an average of 3 new investments annually in the last 10 years. In 2025, it made 3 investments. Its most recent first time investment was in GlycanAge and most recent follow-on round was in SplxAI.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 2 | 1 | 3 |
2024 | 1 | 2 | 3 |
2023 | 1 | 0 | 1 |
2022 | 4 | 2 | 6 |
2021 | 1 | 3 | 4 |
2020 | 1 | 1 | 2 |
2019 | 6 | 1 | 7 |
2018 | 7 | 1 | 8 |
2017 | 5 | 0 | 5 |
South Central Ventures' Investments by Stage
South Central Ventures has made 22 investments in Seed stage with an average round size of $1.12M, 10 investments in Series A stage with an average round size of $3.21M and 1 investment in Series C stage with an average round size of $5.5M.Stage of entry | No. of Investments |
|---|---|
Seed | 22 |
Series A | 10 |
Series C | 1 |
Note: We have considered here, only first round of investments
South Central Ventures' Investments by Sector
South Central Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Vertical SaaS, Consumer, High Tech and FinTech. Notably, it has invested in 36 Tech companies, 29 Enterprise (B2B) companies, 29 Software companies and at least 18 companies focusing on Saas.Sector | No. of Investments |
|---|---|
Enterprise Applications | 24 |
Vertical SaaS | 11 |
Consumer | 8 |
High Tech | 7 |
FinTech | 5 |
Others | 42 |
Note: We have considered here, only first round of investments
South Central Ventures' Investments by Geography
South Central Ventures has made most investments in Serbia (8), followed by United Kingdom where it has made 8 investments.Country | No. of Investments |
|---|---|
Serbia | 8 |
United Kingdom | 8 |
United States | 7 |
Croatia | 4 |
Netherlands | 3 |
Others | 4 |
Note: We have considered here, only first round of investments
South Central Ventures' recent investments
South Central Ventures has not made any investment in 2026 so far.Here are the most recent investments by South Central Ventures:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Dec 18, 2025 | United Kingdom | Series A | 2797 | ||
Dec 18, 2025 | United States | Seed | 2578 | - | |
Feb 13, 2025 | United States | Seed | 8519 | [+4] | |
Oct 02, 2024 | Croatia | Series B | 6852 | [+2] | |
Sep 10, 2024 | United States | Seed | 5750 |
Acquired companies in South Central Ventures' Portfolio
8 companies from South Central Ventures' portfolio have been acquired. The most recent acquisition was SplxAI in Nov 2025 by Zscaler for $*****.Here are South Central Ventures' portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 03, 2025 | Sep 10, 2024 | Seed | 7816 | |
Jan 15, 2025 | Aug 01, 2022 | Seed | 9304 | |
Mar 22, 2024 | Sep 25, 2020 | Seed | 5083 | |
Jan 17, 2023 | Jul 25, 2017 | Seed | 1346 | |
Aug 17, 2021 | - | - | 9529 |
Team profile of South Central Ventures
South Central Ventures has a team of 4 members including 2 Partners and 1 Principal located in Serbia and North Macedonia. South Central Ventures' team does not sit on the board of any company as of now.Here is a list of all team members in South Central Ventures:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | - | - | ||
Partner | Serbia | - | ||
Principal | North Macedonia | - |
Co-investors of South Central Ventures
Over the past 10 years, 95 investors have co-invested in South Central Ventures's portfolio companies. This includes funds and angels.
- Invested before South Central Ventures: LAUNCHUB, Kadmos Capital and 18 others have invested in rounds before South Central Ventures. There is 1 company where LAUNCHUB has invested before South Central Ventures and 1 company where Kadmos Capital has invested before South Central Ventures.
- Top Co-investors of South Central Ventures: 36 investors entered a company along with South Central Ventures. These include investors like North Base Media (2 companies).
- Invested after South Central Ventures: A total of 39 investors have invested in South Central Ventures's portfolio after their investments. Top Investors include Newable (2 companies), Lead Ventures (2 companies) and Europa (2 companies).
Recent News related to South Central Ventures
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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
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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
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SplxAI Raises $7 Million For AI Security PlatformSecurityWeek•Mar 26, 2025•SplxAI, South Central Ventures, Runtime Ventures, Rain Capital and 3 others
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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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Croatia’s SplxAI Raises $2M to Enhance AI Chatbot Security Amid Growing Cyber ThreatsRecurisve Media JSC•Sep 10, 2024•SplxAI, Inovo Venture Partners, South Central Ventures, Runtime 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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Uhura Solutions raises $1.8 mln in seed funding roundSeeNews•Jul 03, 2024•UhuraSolutions, SuperSeed, Newable, South Central Ventures
