
Eleven S11 - Rolling Application
Eleven's Rolling Application
Funds up to
€
100K
per team
Takes
6-10%
equity
Funds
30 startups
per year
Markets
Hardware
•
Software
•
SaaS
Invests in
Eastern Europe
Eleven is a EUR 25 million early stage fund, which has already invested in 115 companies and boasts close to 300 alumni from 20 countries.
In 2016 Eleven will invest in up to 15 projects. Teams are expected to join Eleven's co-working space (the "Roof") in Sofia for a couple of months, while also take part in additional events and initiatives throughout the year.
After the initial investment of EUR 25k in exchange for 8% equity stake, all companies are eligible for follow-on investment, depending on their needs and potential. Eleven may invest up to an aggregate of EUR 1 million per project, usually in incremental steps and alongside other investors that may join the companies Seed or Series A rounds.
In 2016 Eleven will invest in up to 15 projects. Teams are expected to join Eleven's co-working space (the "Roof") in Sofia for a couple of months, while also take part in additional events and initiatives throughout the year.
After the initial investment of EUR 25k in exchange for 8% equity stake, all companies are eligible for follow-on investment, depending on their needs and potential. Eleven may invest up to an aggregate of EUR 1 million per project, usually in incremental steps and alongside other investors that may join the companies Seed or Series A rounds.
Staff
Daniel Tomov
An accidental VC with a curious mind and an entrepreneurial spirit. Chief Dreamer. Runner. Proud father.
Ivaylo Simov
founder @ eleven