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About Underline Ventures

Underline Ventures is a venture capital firm founded in 2022. It is primarily based out of Bucharest, Romania. As of Sep 2026, Underline Ventures is an active investor, having invested in 14 companies, with 3 new investments in the last 12 months. It primarily invests in Seed round in Romania 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 $***** Series A round of Veridion A lot of funds co-invest with Underline Ventures, with names like LAUNCHUB sharing a substantial percentage of its portfolio. Underline Ventures has team of 16 people including 9 partners.
Key Metrics
Portfolio Count
Portfolio Locations
Rounds of Entry
Seed & Series A
Deals in last 12 months

Underline Ventures' List of Top Investments

Underline Ventures has a portfolio of 14 companies. Their most notable investments are in Veridion and Veridion.Their portfolio spans across Romania, United States, Germany and 3 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 5 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by Underline Ventures:
Christian counseling and Bible study app. The platform offers interactive Bible study tools, including AI-powered assistance for exploring scripture and receiving spiritual guidance. Users can access Bible verses, lessons, and trivia, as well as personalized prayer creation and journaling features. The app also provides resources on various biblical topics and facilitates community engagement through shared questions and answers. It aims to support users in their faith journey, offering encouragement and answers to life's challenges.

Key facts about Bible Chat

Key facts about Veridion

Provider of software for hardware abstraction and chip integration solutions. The company offers tools for automated processing of chip documentation into structured data models. It provides a user interface for configuring microcontrollers and generating device configurations. The software supports deterministic code generation for various target environments.

Key facts about Embedd

  • Location: Italy
  • Stage: Seed
  • Total Funding till date: $2.7M
  • Employee Count: 12 as on Sep 30, 2026
  • Investors: Seedcamp, Roosh and 7 Others
  • Latest Funding Round: Seed, Aug 24, 2026, $*****
Cloud-based HRMS platform for enterprises. It is an AI-based coaching assistant which provides a solution such as skill development, coaching practice, employee engagement, and performance management and identifies unhealthy behaviors and risks in the company, workforce analytics, workflow automation, budget management, etc

Key facts about Nestor

Developer of artificial intelligence systems for monitoring industrial factory processes. The technology integrates computer vision and sensor data to capture real-time production activities, identify bottlenecks, and measure cycle times. By processing visual information and operational signals from existing equipment, the platform generates structured insights into shopfloor workflows. These systems translate complex manufacturing movements into process graphs, enabling teams to evaluate station performance and identify non-value-adding activities. The intelligence layer functions as a foundation for automation, helping to determine the feasibility of robotic tasks based on observed human work patterns. Designed for deployment in industrial environments, the architecture prioritizes data privacy through edge processing and anonymization techniques. The platform supports continuous improvement by connecting raw operational data with production goals, facilitating decision-making through analysis of actual shopfloor behavior rather than manual reports or assumptions.

Key facts about Almetra

  • Founded Year: 2022
  • Location: Berlin (Germany)
  • Stage: Series A
  • Total Funding till date: $18.5M
  • Employee Count: 60 as on Sep 30, 2026
  • Investors: Blisce, Critical Ventures and 4 Others
  • Latest Funding Round: Series A, Jun 25, 2026, $*****

Underline Ventures' Investments by Stage

Underline Ventures has made 12 investments in Seed stage with an average round size of $2.84M and 2 investments in Series A stage with an average round size of $16.3M.
Here are Underline Ventures' investments by stage:
Stage of entry
No. of Investments
Seed
12
Series A
2
Breakdown of Underline Ventures' investments by stage of entrySeed (12)Series A (2)
Note: We have considered here, only first round of investments

Underline Ventures' Investments by Sector

Underline Ventures has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Vertical SaaS, Business Services and High Tech. Notably, it has invested in 11 Tech companies, 10 Software companies, 9 Enterprise (B2B) companies and at least 5 companies focusing on Saas.
Here are Underline Ventures' investments by sector:
Sector
No. of Investments
Enterprise Applications
7
Consumer
3
Vertical SaaS
3
Business Services
2
High Tech
2
Others
5
Breakdown of Underline Ventures' investments by sectorsEnterprise Applic... (7)Consumer (3)
Note: We have considered here, only first round of investments

Underline Ventures' Investments by Geography

Underline Ventures has made most investments in Romania (5), followed by United States where it has made 4 investments.
Here are Underline Ventures' investments by geography:
Country
No. of Investments
Romania
5
United States
4
Germany
1
Italy
1
Serbia
1
Others
2
Breakdown of Underline Ventures' investments by countriesRomania (5)United States (4)
Note: We have considered here, only first round of investments

Underline Ventures' recent investments

Underline Ventures has made 4 investments in 2026 so far. Veridion and Embedd are the latest among them.
Here are the most recent investments by Underline Ventures:
Date
Company
Location
Round Details
Round Amount
Co-Investors
Sep 16, 2026
Romania
Series A
1351
Aug 24, 2026
Italy
Seed
5271
  [+7]
Jun 25, 2026
Germany
Series A
8506
  [+4]
May 13, 2026
-
Seed
9508
Feb 19, 2025
United States
Series A
9542

Team profile of Underline Ventures

Underline Ventures has a team of 16 members including 9 Partners, 3 Venture Partners and 1 Principal located in Romania, United States and 1 more location. Underline Ventures' team does not sit on the board of any company as of now.
Here is a list of top team members in Underline Ventures:
Name
Designation
Location
Board Memberships
Contact Details
Partner
Bucharest
-
Partner
New York
-
-
Partner
Bucharest
-
-
Partner
Bucharest
-
-
Partner
Bucharest
-
-
Partner
Bucharest
-
-
Partner
New York City
-
-
Partner
Bucharest
-
-
Partner
Bucharest
-
-
Venture Partner
Bucharest
-
-
Venture Partner
-
-
-

Co-investors of Underline Ventures

Over the past 4 years, 49 investors have co-invested in Underline Ventures's portfolio companies. This includes funds and angels.

  • Invested before Underline Ventures: Day One Capital, Gapminder and 5 others have invested in rounds before Underline Ventures. There are 2 companies where Day One Capital has invested before Underline Ventures and 2 companies where Gapminder has invested before Underline Ventures.
  • Top Co-investors of Underline Ventures: 40 investors entered a company along with Underline Ventures. These include investors like LAUNCHUB (3 companies).
  • Invested after Underline Ventures: Hoxton Ventures (1 company) and Bessemer Venture Partners (1 company) are the investors which have invested in Underline Ventures's portfolio after their investments.

Recent News related to Underline Ventures

•
Embedd Raises €2.31M for Physical AI InfrastructureRecurisve Media JSC•Aug 24, 2026•Embedd, Underline Ventures, Microchip Technology, Connect Ventures and 8 others
View all news related to Underline Ventures

FAQs about Underline Ventures

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