We always co-invest
Building partnerships & eco-systems is in the DNA of our Fund, encoded in its name - Coinvest Capital.
We aim to be fast & founder-friendly, we care about the success of our portfolio companies and founders, we start curious and informed about market trends & innovations, and we remain competent & professional in our decision-making.
We always co-invest in startups with partners:
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offering a generous profit-sharing scheme for accredited private investors at successful exit, and/or
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investing on equal terms (pari-pasu) with other co-investors
You can apply for funding directly to our Fund, and we will be happy to share your pitch-deck with our network of accredited private investors to assist in finding co-investors. If you already have interest or commitments from other investors, this accelerates our investment process.
Investment structure
We tailor our investment structure to specific startup needs through equity or convertible loan instruments. Our ticket sizes are subject to startup age, innovativeness, and other factors, defined in the Fund's mandate documents:
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up to EUR 600,000 standard ticket;
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up to EUR 1,200,000 for innovative company;
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up to EUR 1,600,00 for young & innovative company, registered outside large cities
Our target share in the round is:
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60-70% vs. accredited co-investors
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30-50% in case of investing on pari-pasu basis
When co-investing under a profit-sharing scheme with accredited business angels and other private investors, the minimum number of accredited private investors is:
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2, when we invest less than EUR 100,000
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3, when we invest more than EUR 100,000
Angel syndicate (legal entity) is considered as one investor.
Our ideal target startup
We are an evegreen fund and can invest in very early startups, that are still developing their product and are not generating revenue. We look for startups with:
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clear understanding of the actual target customer needs
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solving a real problem;
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founders' team with complimentary skill set, dedicating their full attention to the startups;
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innovative edge and future-proof solutions with IP
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next round funding & exit potential.
In order to qualify for our investment, a startup shall not be in the status of financial distress ("sunkumus patirianti įmonė").
In the ideal case we seek to co-invest with business angels or other investors, that understand both the industry and markets where a startup plans to expand.
We are stage and sector-agnostic and have a wide range of startups in our original portfolio, yet our current focus is on:
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DefenceTech, MilTech & DualUse
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DeepTech, BigData, SaaS
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ClimateTech & GreenTech
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Life sciences, BioTech & MedTech
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Impact Investing
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Supporting women founders
Get ready for due-dilligence
We aim to take investment decisions and complete deal negotiations fast, our investment committee is scheduled to meet every week, but the actual speed depends on the readiness and smooth cooperation of all parties involved, from founders to lawyers and co-investors.
To be able to move ahead fast, we expect you to have:
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1-3 interested co-investors, depending on the deal structure;
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company's documents ready for the legal due diligence, with a focus on IP ownership rights, employee, vendor, and client contracts, if any, as well as financial reports & budgets;
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founders & key-employees available for technical & business due diligence.
Our typical process involves:
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online application via our dealroom, which we discuss internally on a weekly basis;
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potentially interesting startup founders are invited for an in-person or virtual meeting and Q&A session, after which we identify next steps;
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in case a startup has no co-investors identified, we facilitate finding them through our networks;
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we present potential investment to our investment committee for the soft approval to move ahead with initial due diligence, based on which we prepare and negotiate a term-sheet with startup founders
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on the basis of signed term-sheet and investment committee approval thereof