The new investment will help Vestberry to further expand, especially into the American market. Almost half of this amount will be received from a strategic investor – Seed Starter of Česká a Slovenská spořitelna. Other investors include Venture to Future Fund and Zero One Hundred. This is the 10th startup that Česká spořitelna’s corporate venture capital fund Seed Starter has supported since its inception.
“Vestberry is a very successful supplier of solutions for leading European venture capital funds to manage their investment portfolios. It has great potential for further growth in the future, and I am therefore personally very happy to be one of the investors. Its unique solution provides excellent portfolio management and allows companies to make quick and qualified decisions based on data. I look forward to using Vestberry’s solution within our Seed Starter investment fund,” said Tomáš Milota, CEO of Česká spořitelna’s Seed Starter program.
“Our ambition is to build a sophisticated technological infrastructure tailored to venture capital funds and help them replace manual analyses and reports that are often still done in Excel. The new investment will help us in further expansion, namely into the American market,” said Marek Zámečník, founder and CEO of the startup Vestberry.
The startup Vestberry was founded in Bratislava in 2018 by a trio of Slovak entrepreneurs Marek Zámečník, Ján Káčer and Matej Pavlanský. The company is currently one of the fastest growing fintech startups in Slovakia, with its services and solutions used by clients mainly from abroad – in the UK, Germany, Switzerland and Sweden. It employs around 40 people and through its platform, customers manage investments worth more than 30 billion euros. The startup’s main clients include the European Investment Bank, Commerzbank, Atomico, Earlybird.
The Vestberry startup initially grew thanks to the support of angel investors, including Martin Hauge – one of Spotify’s early investors, but it also gained trust among other investors, such as František Krivda and Andrej Kiska Jr.
