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We empower local heroes to build global success

Eleven is a venture capital fund supporting early-stage technology companies across Europe.

We empower local heroes to build global success

Eleven is a venture capital fund supporting early-stage technology companies in Central Eastern Europe.

Our Stories

This is Eleven

This is our why. The beliefs and values that have guided us since 2012 as we've backed bold founders from Europe with more than just capital. This is our honest look at what we stand for, what we've learned from hundreds of founders, and why we're committed to building meaningful companies from a region we deeply believe in.
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    PlanDelta

    With our help, PlanDelta raised a €2.3M round led by the international early-stage VC RTP Global, which has backed companies such as SumUp and Delivery Hero. The team had multiple strategy meetings with us and we supported them in the identification of their ideal next investor, as well as multiple intros to other VCs.

    Flaminjoy

    In order to help Flaminjoy optimize its sales processes and decrease the sales cycles, we conducted weekly Sales Board Meetings with the founding and sales teams. As a result, the team was able to improve its sales funnel, generate new ideas, and come up with a structured sales approach. This led to 2x increase in their MRR, decrease in their burn rate and pass break-even.

    Native Teams

    Native Teams encountered a problem many early-stage startups building a product with high demand often do - their growth was faster than their ability to scale their team. We supported them in hiring key positions such as COO and CFO and helped them find the right balance between the roles in the founding team. Moreover, the work we did with them on their strategy and our help in building their fintech layer created a more robust company that is being courted by high profile VCs as they are preparing their Series A round.

    MyTeam

    We started supporting MyTeam at a very early stage of their company development - from setting up the right legal and governance structure to shaping their vision on becoming a comprehensive platform for sports clubs management, leveraging the fintech layer and building an ecosystem that can create additional revenue streams and stickiness with their customers. They have increased their sales team, grown their customer base with double digits and see no churn in the span of less than 6 months.

    True Insights

    True Insights, struggled to set its fundamentals and get ready to go to market with a clear vision of its ideal customer persona and main product offering. We helped them pinpoint their problem-solution fit, which is the first step to PMF, helped them run several sales related experiments to discover their Ideal Customer Persona and now see their first sales results four months later.