Business angel · Venture capital · Angel syndicates

Capital from someone who has built and fixed companies.

I back early-stage founders as a business angel, through venture funds in Europe and together with angel syndicates. Tickets from €25k to €150k, and hands-on help with product, technology and the next round.

Three ways in

One investor, three routes to your round

Early rounds are rarely filled by a single cheque. Depending on what your round needs, I can come in alone, bring other angels, or work through a fund.

01

Business angel

My own capital, my own decision. Suited to pre-seed and seed rounds where speed and a hands-on partner matter more than a big name on the cap table.

02

Venture capital

I invest as a partner in venture funds across Europe. When a company fits a fund's thesis, the conversation can continue there, with larger follow-on capacity.

03

Angel syndicates

I co-invest with groups of experienced angels. One conversation can bring several investors into the round, with one person coordinating the process.

Ticket size

€25k to €150k

Per company, from my own capital. Larger amounts are possible together with syndicates or funds.

How it works

From your deck to a partnership

A short, predictable process. You always know what happens next, and a no comes with the reasons.

Process

Six steps, one person accountable for the answer

1 Your deckform below or email 2 First readsector, stage, team 3 Founder callproblem, product, people 4 Deep diveproduct and tech review 5 Decision€25k to €150k 6 Partnershipboard, product, next round alone, with angels, or alongside a fund
  1. You send a short deck and a few lines about the round, through the form below or by email. No warm introduction needed.
  2. I read every submission myself and check the fit: sector, stage, team and whether I can genuinely help. If it is not a fit, you hear that early.
  3. A call with the founders about the problem, the product and the people. I care more about how you think than about polished slides.
  4. A focused look at the product and the technology: architecture, data, delivery risk and what it will take to scale. This is where my background matters most.
  5. A clear decision with the ticket, between €25k and €150k, and the route: on my own, with an angel syndicate, or alongside a fund.
  6. After the money: board or advisory work, product and technology reviews, interim leadership when needed, and introductions for the next round.

What I look for

Sectors I invest in

Technical founders with a real problem to solve, and markets where engineering depth is an advantage rather than a cost.

Core focus

Healthcare

Healthtech, care delivery and medical data, where trust, privacy and reliability are part of the product.

In the portfolio
Kliniki.plDrOmnibus
Core focus

Telemetry and big data

IoT, time series and data platforms that turn large streams of signals into decisions.

In the portfolio
SilvairAlgolytics+7 undisclosed
Core focus

AI and machine learning

Applied AI with a defensible data loop: evaluation, reliability and unit economics, not just a model call.

In the portfolio
Cosmose AISkilltelligence+4 undisclosed

Developer tools

Products built for engineers, where I can judge the product as a user.

In the portfolio
EnsoRevDeBugPerfect Dashboard+1 undisclosed

B2B and vertical SaaS

Software that runs a business process end to end, with a clear path to retention.

In the portfolio
XTRFPOSbistroVersum

Fintech, edtech and marketplaces

Where the portfolio has its strongest exits so far.

In the portfolio
PreplyZenCardAllani

Beyond the cheque

What founders get

Technical due diligence, from the inside

An architect's view of your product: what will break at scale, what to fix first, and how to explain it to the next investors.

Interim leadership

When the company needs it, I can step in as acting CTO or support the CEO through a critical phase.

Board experience

Supervisory and management board work: governance that helps the company move instead of slowing it down.

Exit experience

Companies I backed have been acquired by Wirtualna Polska, PKO Bank Polski, WP Engine, TransPerfect and others.

Portfolio

Companies I have backed

Investments made through Hedgehog Fund and Experior Venture Fund, ordered from the strongest outcomes. Further investments are confidential and not listed here.

Exits

17 of 27

Stakes sold, companies acquired, merged or listed. Returns appear only where publicly reported.

Vertical SaaS · backed 2015
Merged with Booksy, 2020

Software for hair and beauty salons. Combined with Booksy in December 2020, continuing exposure through the merged company.

Hedgehog Fund
Edtech marketplace · backed 2016
Exit 2022 · 14x cash-on-cash

Global marketplace for online language tutoring. The stake was sold in 2022 at 14x cash-on-cash, as reported by the fund's partner.

Hedgehog Fund
Healthtech · backed 2015
Exit

Marketplace for private medical services, formerly Tourmedica.

Experior Venture Fund
Mobility · backed 2016
Exit

Taxi ordering platform for consumers and businesses.

Experior Venture Fund
E-commerce · backed 2013
Acquired by Domodi / Wirtualna Polska, 2015

Fashion offer aggregator. Domodi, part of the Wirtualna Polska group, bought 100% in 2015; Forbes described the return as roughly 6x.

Hedgehog Fund
Fintech · backed 2015
Acquired by PKO Bank Polski, 2017

Card-linked loyalty platform. PKO Bank Polski, Poland's largest bank, acquired 100% of the shares in January 2017.

Experior Venture Fund
B2B SaaS · backed 2014
Fund bought out, 2020

Management platform for translation businesses. The fund's stake was bought out in 2020; XTRF was later acquired by K1 in a separate deal.

Experior Venture Fund
Developer tools / SaaS · backed 2016
Assets acquired by WP Engine, 2019

Automated website updates (AutoUpdater). WP Engine acquired the technology and the engineering team in 2019.

Experior Venture Fund
AI data · backed 2015
Acquired by TransPerfect (DataForce), 2021

Crowdsourced data collection and annotation for AI. TransPerfect acquired it in 2021 to expand its DataForce AI data business.

Hedgehog Fund
Martech · backed 2015
Acquired by POSbistro, 2017

Mobile loyalty programmes for restaurants. POSbistro, another portfolio company, bought 100% of the shares in 2017.

Hedgehog Fund
Marketplace · backed 2016
Stake sold by 2019

Online marketplace for used cars. The fund's shares were sold by 2019; terms were not disclosed.

Experior Venture Fund
Edtech / consumer · backed 2015
Exit by 2018

Educational dolls and toys for girls, built to travel internationally. The investment was exited by 2018.

Experior Venture Fund
Eventtech · backed 2013
Exit, 2019

Event registration and ticketing platform.

Hedgehog Fund
Foodtech marketplace · backed 2015
Exit, 2022

Marketplace for food from local farmers. The fund exited in 2022, when a media group took control of the company.

Hedgehog Fund
Edtech · backed 2013
Exit, 2016

Study materials and services for students and employers. The fund exited in 2016.

Hedgehog Fund
Gaming · backed 2012
Exit, 2020 and 2024

Mobile and browser games studio. Both funds exited, in 2020 and 2024.

Hedgehog FundExperior Venture Fund
IoT / smart lighting · backed 2015
IPO on the Warsaw Stock Exchange, 2018

Bluetooth mesh lighting control, listed on the main market of the Warsaw Stock Exchange in July 2018.

Hedgehog Fund

Still building

6 of 27

No exit yet. Later rounds and valuations are not shown as returns.

E-commerce / furniture · backed 2016
No exit yet

Made-to-measure furniture designed online; co-investors included Paua Ventures and Gruner + Jahr.

Experior Venture Fund
AI / retail analytics · backed 2016
No exit yet

AI that connects offline shopping behaviour with online marketing.

Experior Venture Fund
Developer tools / data · backed 2016
No exit yet

Visual and textual programming for data workflows, formerly Luna.

Experior Venture Fund
Developer tools / observability · backed 2017
No exit yet

Debugging and observability tooling for code running in production.

Experior Venture Fund
AI / predictive analytics · backed 2015
No exit yet

Automated predictive modelling and data analytics.

Experior Venture Fund
Vertical SaaS · backed 2015
No exit yet

Point-of-sale and management system for restaurants; among its first investors.

Hedgehog Fund

Closed

4 of 27

Part of early-stage investing. Each one taught something about timing, markets or execution.

Healthtech · backed 2015
Polish company in liquidation
Experior Venture Fund
B2B SaaS · backed 2015
Original company struck off, 2023
Hedgehog FundExperior Venture Fund
B2B manufacturing · backed 2015
Bankruptcy
Experior Venture Fund
E-commerce · backed 2014
Bankruptcy, 2015
Experior Venture Fund

Status as found in public sources (company announcements, court registers, press) as of November 2026. A missing exit does not mean the fund still holds shares; registry changes and mergers are shown as such, not as profitable exits. Amounts and multiples appear only where publicly reported.

Get in touch

Send your pitch

A short deck is enough to start: the problem, the product, the team, traction so far and what the round is for. Attach files or share links (DocSend, Google Drive, Notion, a demo video).

Prefer email? Write to marcin@devinside.cloud.

    Questions founders ask

    What ticket size do you invest?

    From €25k to €150k per company from my own capital. Together with angel syndicates or funds the round can be larger.

    Which stages?

    Early stage: mostly pre-seed and seed, where a hands-on investor with product and technology experience can make the biggest difference.

    Do you only invest in technology companies?

    Almost always. The strongest fit is a company where engineering, data or AI is central to the product: healthcare, telemetry and large-scale data, AI and machine learning, developer tools and B2B software.

    Can you bring other investors?

    Yes. I co-invest with angel syndicates and work with venture funds in Europe, so one conversation can reach more than one investor when the company fits.

    What happens to the files I send?

    They are read only to evaluate the investment and are not shared outside that purpose without your permission. See the privacy notice.