Underline Ventures is Eastern Europe's first solo-GP venture capital fund, based in Bucharest, Romania. It partners with Eastern European founders at the earliest stages (pre-seed and seed) to build high-growth startups with global ambitions, providing capital and hands-on support across recruitment, marketing, sales, and fundraising.
Their most common stage is pre-seed (40% of deals). Average disclosed round size is $6.1M (across 6 rounds with reported amounts).
Portfolio
10
Fund Size
$20M
Top Stage
Pre Seed
Last 12 Mo
1
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
10 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Almetra | Series A | $19M | Jan 2026 |
| MMixRift | Pre-Seed | — | Aug 2024 |
 Veridion | Seed | $6M | Feb 2023 |
 Goodlegal | Pre-Seed | — | Jan 2022 |
 Nestor | Seed | $2M | — |
 Genezio | Pre-Seed | — | — |
| EEmbedd | Pre-Seed | $2.7M | — |
 SaleSqueze | Seed | $1.5M | — |
 Bible Chat | Series A | — | — |
 DesignVerse | Seed | $5.5M | — |
Top Co-Investors
GapMinder3 shared
Robin Capital2 shared
SOSV1 shared
Courtside Ventures1 shared
Day One Ventures1 shared
Experian Ventures1 shared
OTB Ventures1 shared
blisce/1 shared
Merantix1 shared
NAP1 shared
Earlybird Venture Capital1 shared
Credo Ventures1 shared
Y Combinator1 shared
private angel investors1 shared
Seedcamp1 shared
Cocoa1 shared
Roosh1 shared
2100 Ventures1 shared
Common Magic1 shared
True Ventures1 shared
Last updated: 9 September 2026