Startup Wise Guys
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Startup Wise Guys - overview
Established
2012
Location
Tallinn, -, Estonia
Primary Industry
Financial Services
About
Based in Estonia, Startup Wise Guys is a venture capital firm that specializes in startup accelerator programs aimed at early-stage B2B founders, providing expert guidance and resources to foster growth. Startup Wise Guys, founded in 2012 in Tallinn, Estonia, operates as a venture capital firm focused on supporting early-stage B2B startups through accelerator programs. The founding team includes Christian Testman, Daniels Dubovskis, Herty Tammo, Muhammed Turan, Ricardo Roach, Vaïk Boulou, and Vytautas Kubilius, with Andrea Orlando currently serving as CEO. Over the years, the firm has successfully executed 2 deals, with the latest funding round occurring in September 2013, raising EUR 1 million from SmartCap, bringing the total amount raised to EUR 1 million.
Startup Wise Guys primarily offers startup accelerator programs tailored for early-stage B2B founders. These programs provide bespoke guidance and resources aimed at helping startups achieve product-market fit and scalable growth, with a focus on sectors such as cybersecurity, fintech, SaaS, proptech, sustainability, and Web3. Since its establishment, the firm has expanded its services to over 60 countries, targeting entrepreneurs seeking to validate and scale their business ideas. For the year 2023, Startup Wise Guys reported a revenue of EUR 2,872,881.
30, with an EBITDA of EUR -365,206. 50. The firm's revenue generation is primarily driven through participation fees from its accelerator programs, which involve equity stakes in the startups, allowing the firm to foster long-term partnerships and potentially realize revenue from future exits of portfolio companies. Looking ahead, Startup Wise Guys aims to expand its offerings and penetrate new markets.
The firm is focusing on launching new accelerator programs designed to cater to emerging technologies and is exploring expansion into markets in North America, South America, and Asia by 2024. The funding raised in September 2013 will be utilized to enhance their program infrastructure and support initiatives that facilitate the growth of startups in these targeted regions.
Current Investors
SmartCap
Primary Industry
Financial Services
Sub Industries
Hedge Funds, Investment Banking, Private Equity
Website
www.startupwiseguys.com
Verticals
FinTech
Company Stage
Early Stage
Total Amount Raised
Subscriber access only
Startup Wise Guys - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, Trade Sale | Completed | Elai Inc. | - |
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