Specialist VC (formerly United Angels VC) is a Tallinn-based early-stage venture capital firm investing in startups from Estonia, Latvia, Lithuania, Finland and Ukraine. It combines traditional early-stage investing with secondary transactions, focusing on B2B, SaaS, fintech, platforms, software-enabled hardware, Web3 and deep tech.
Deal activity increased 100% year-over-year (2 deals in the last 12 months). Average disclosed round size is $4.8M (across 4 rounds with reported amounts).
Portfolio
22
Fund Size
$53M
Top Stage
Seed
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
24 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Copla | Series A | $6.3M | Feb 2026 |
 Vok Bikes | Series A | — | Jul 2025 |
| AAIATELLA | Seed | — | Jun 2025 |
 SensusQ | Unknown | — | Feb 2024 |
 Agileday | Pre-Seed | — | Jun 2023 |
 Vool | Seed | — | Feb 2023 |
 Yaga | Unknown | — | Nov 2022 |
 Fractory | Series A | $9M | Sep 2021 |
| LLightCode Photonics | Pre-Seed | — | May 2021 |
 Grünfin | Unknown | — | Jan 2021 |
| VVumonic Datalabs | Pre-Seed | — | Jul 2019 |
| Vool | Seed | $1.4M | — |
 CybExer Technologies | Unknown | — | — |
| Agileday | Series A | — | — |
 Agileday | Series A | — | — |
 Banani | Pre-Seed | — | — |
| CCybexer | Growth | — | — |
 Leil | Seed | — | — |
 Value.Space | Seed | — | — |
 Kingdom Technologies | Seed | — | — |
 Biteful | Unknown | — | — |
| FFlowstep | Seed | $2.6M | — |
| BBetter Medicine | Pre-Seed | — | — |
| YYaga | Seed | — | — |
Top Co-Investors
Startup Wise Guys7 shared
Trind Ventures4 shared
Superangel3 shared
Iron Wolf Capital3 shared
Karma Ventures3 shared
Vendep Capital3 shared
Business Finland3 shared
Newion3 shared
Lemonade Stand3 shared
Superhero Capital2 shared
Metaplanet2 shared
First Fellow Partners2 shared
private angel investors2 shared
Teleport1 shared
OTB Ventures1 shared
Verve Ventures1 shared
Index Ventures1 shared
Rubylight1 shared
SmartCap1 shared
GL Ventures1 shared
Last updated: 9 September 2026