
Investments
17Portfolio Exits
2Funds
1Partners & Customers
1About Elevator Ventures
Elevator Ventures is Raiffeisen Bank International's corporate venture capital entity. It focuses on strategic direct investments in later-stage fintechs, co-investments with partner investors and investments in VC funds.
Latest Elevator Ventures News
Jul 5, 2023
In recent years, the DACH region (Germany, Austria, and Switzerland) has emerged as a significant source of venture capital for CEE (Central and Eastern Europe) startups. For instance, back in 2022, the Austrian scale-up investor 3VC launched a €150 million fund to support startups in both the CEE and DACH regions. Similarly, SeedBlink, an equity management platform for European innovation, recently announced its expansion in the DACH region with the intention of partnering up with local VCs and business angels to co-invest more than €1.5M in 2023 in 8 startups and with plans to double these volumes in 2024, further cementing the investment ties between the two regions. The Recursive’s research shows that when it comes to investors in the DACH region Austria, in particular, is playing the biggest role in the growth and development of startups in the CEE region. Austrian-based venture capital firms like Speedinvest, Calm/Storm , UNIQA Ventures, and Elevator Ventures have made multiple investments in CEE startups across various sectors, including fintech, healthtech, deep tech, and SaaS. Speedinvest stands out with the most investments in CEE startups, spanning sectors from fintech to deep tech. It’s also worth noting that a lot of these investments have had substantial success, with several CEE startups achieving significant milestones such as becoming a unicorn or being acquired by larger entities. Here you’ll find the top VCs from the DACH region that are actively investing in CEE startups. We explore their investment focus and the stage of companies they invest in. We also highlight some of the CEE startups they have invested in, providing insights into the types of businesses that are attracting DACH venture capital. Speedinvest About: Speedinvest is one of Europe’s most active early-stage investors in the DACH region with more than €1B assets under management and 40+ investors based in Berlin, London, Munich, Paris, and Vienna. UNIQA Ventures About: UNIQA Ventures is a return-driven, independent financial investor based in Austria with initial investments ranging from €0,5M to 5M. Investment Focus: FinTech, InsurTech, Digital Health Company Stage: Series A CEE Investments: Estateguru (Estonia, Fintech), Cachet (Estonia, Fintech), byrd (Austria/Germany, Slovak co-founder, e-commerce), kevin. (Lithuania, Fintech), Telemedi (Poland, Healthcare), Spotawhee (Greece, Automotive), Twisto (Czech Republic, Fintech). Elevator Ventures About: Elevator Ventures is the Corporate Venture Capital Entity of Raiffeisen Bank International (RBI). Based in Austria, its primary focus is on growth investments in fintechs and related enabling technologies in Central and Eastern Europe. Investment Focus: Fintech CEE Investments: Finqware (Romania, Fintech), Autenti (Poland, Fintech), CloudCart (Bulgaria, e-commerce).
Elevator Ventures Investments
17 Investments
Elevator Ventures has made 17 investments. Their latest investment was in SESAMm as part of their Series B - II on March 3, 2023.

Elevator Ventures Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
3/1/2023 | Series B - II | SESAMm | $37.37M | Yes | 9 | |
10/25/2022 | Series A | Bob W | $20.72M | Yes | 10 | |
10/19/2022 | Series B | vestr | Yes | EquityPitcher Ventures, SIX FinTech Ventures, and Undisclosed Investors | 2 | |
9/14/2022 | Series B | |||||
6/29/2022 | Seed VC |
Date | 3/1/2023 | 10/25/2022 | 10/19/2022 | 9/14/2022 | 6/29/2022 |
---|---|---|---|---|---|
Round | Series B - II | Series A | Series B | Series B | Seed VC |
Company | SESAMm | Bob W | vestr | ||
Amount | $37.37M | $20.72M | |||
New? | Yes | Yes | Yes | ||
Co-Investors | EquityPitcher Ventures, SIX FinTech Ventures, and Undisclosed Investors | ||||
Sources | 9 | 10 | 2 |
Elevator Ventures Portfolio Exits
2 Portfolio Exits
Elevator Ventures has 2 portfolio exits. Their latest portfolio exit was Kompany on December 03, 2021.
Elevator Ventures Fund History
1 Fund History
Elevator Ventures has 1 fund, including Elevator Ventures.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
---|---|---|---|---|---|
5/17/2018 | Elevator Ventures | $29.5M | 1 |
Closing Date | 5/17/2018 |
---|---|
Fund | Elevator Ventures |
Fund Type | |
Status | |
Amount | $29.5M |
Sources | 1 |
Elevator Ventures Partners & Customers
1 Partners and customers
Elevator Ventures has 1 strategic partners and customers. Elevator Ventures recently partnered with UNIQA Ventures on .
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
Partner | Austria | 1 |
Date | |
---|---|
Type | Partner |
Business Partner | |
Country | Austria |
News Snippet | |
Sources | 1 |
Elevator Ventures Team
2 Team Members
Elevator Ventures has 2 team members, including current Managing Director, Hannes Cizek.
Name | Work History | Title | Status |
---|---|---|---|
Hannes Cizek | Managing Director | Current | |
Name | Hannes Cizek | |
---|---|---|
Work History | ||
Title | Managing Director | |
Status | Current |
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