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The Venture Codex

Firstpick

Gedimino pr. 27, Vilnius, Vilniaus Apskritis, LT-01105, Lithuania

Overview

High-speed VC fund and accelerator for tech startups.

Founded

2022

Deals · 12mo

9

Links

WebsiteLinkedIn

Stage focus

Seed

Geographic focus

Estonia
Latvia
Lithuania
United States

Sector focus

Finance
Financial Services
Information Technology
Internet
...

Investment portfolio

31rounds
NAMEDATESIZE
EnforceShield
Sep 2026Participated
$2 MSeed
Guideless
Aug 2026Participated
$1 MSeed
Display.dev
Jul 2026Participated
$0.54 MSeed
Superpal
Jun 2026Led
$0.57 MSeed
Backoffice
May 2026Led
$0.17 MOther Equity
WhiteBridge
Mar 2026Led
$3 MSeed
Tingit
Feb 2026Participated
$2 MOther Equity
Copla
Feb 2026Participated
$7 MSeries A
Algori
Dec 2025Participated
$4 MOther Equity
CBRX
Oct 2025Participated
$0.63 MSeed
Unive
Sep 2025Led
$0.48 MOther Equity
GREÏ
Aug 2025Led
$0.76 MSeed
EnforceShield
Sep 2026Participated
$2 MSeed
Guideless
Aug 2026Participated
$1 MSeed
Display.dev
Jul 2026Participated
$0.54 MSeed
Superpal
Jun 2026Led
$0.57 MSeed
Backoffice
May 2026Led
$0.17 MOther Equity
WhiteBridge
Mar 2026Led
$3 MSeed
Tingit
Feb 2026Participated
$2 MOther Equity
Copla
Feb 2026Participated
$7 MSeries A
Algori
Dec 2025Participated
$4 MOther Equity
CBRX
Oct 2025Participated
$0.63 MSeed
Unive
Sep 2025Led
$0.48 MOther Equity
GREÏ
Aug 2025Led
$0.76 MSeed
31
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Insights

Time horizon

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Deal Distribution

Firstpick: 31 funding rounds are recorded in the selected participation categories.All available history.
Firstpick: 31 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed814
Series A01
Other Equity44

Monthly Deal Activity

Firstpick: 31 deals are recorded across 42 months.All available history.
Firstpick: 31 deals are recorded across 42 months. All available history
MonthDeals
May '231
Jun '231
Jul '230
Aug '231
Sep '230
Oct '231
Nov '230
Dec '232
Jan '240
Feb '242
Mar '240
Apr '242
May '241
Jun '240
Jul '240
Aug '241
Sep '240
Oct '243
Nov '241
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '251
Jul '251
Aug '252
Sep '251
Oct '251
Nov '250
Dec '251
Jan '260
Feb '262
Mar '261
Apr '260
May '261
Jun '261
Jul '261
Aug '261
Sep '261
Oct '260

Sector Breakdown

Firstpick: Enterprise Software is the largest displayed sector by deal count (12 deals).All available history.

A deal can appear in multiple sectors, so sector totals may overlap. Capital represents disclosed total round sizes, not fund cheque sizes.

Firstpick: Enterprise Software is the largest displayed sector by deal count (12 deals). All available history
SectorDeals
Enterprise Software12
AI & Machine Learning9
Cybersecurity & Privacy8
Data, Analytics & IT7
Networks, Cloud & Communication6
Professional Services6
Consumer & Lifestyle5
Fintech5
Education & Workforce3
Marketing & Advertising2
Health & Life Sciences2
Social & Community Platforms2
Travel & Hospitality1
E-Commerce & Retail1
Space & Frontier Tech1
Transportation & Logistics1
Food & Agriculture1
Developer Tools1

Deal Size Distribution

Firstpick: 31 rounds have a disclosed size in the displayed size bands.All available history.

Undisclosed round sizes are excluded. Capital represents total round sizes, not fund cheque sizes.

Firstpick: 31 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M30
$5M-$10M1
$10M-$25M0
$25M-$50M0
$50M-$100M0
$100M-$250M0
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Firstpick: Europe has the largest recorded deal count among the displayed regions (29 deals).All available history.

Top 3 of 3 regions; European countries are grouped as Europe.

Firstpick: Europe has the largest recorded deal count among the displayed regions (29 deals). All available history
RegionDeals
Europe29
United States1
Indonesia1
Firstpick: 20 co-investors are shown, with NGL Ventures sharing 6 recorded deals.All available history.

Co-Investors

Bubble size = shared deals

Click a bubble to open that fund in a new tab.

Shows up to 20 co-investors ranked by shared deals. Deals may be shared with multiple funds, so rows overlap. Capital is total round size, not fund cheque size.

Firstpick: 20 co-investors are shown, with NGL Ventures sharing 6 recorded deals. All available history
Co-investorShared deals
NGL Ventures6
BADideas.fund5
Coinvest Capital5
Heartfelt4
Practica Capital4
Outlast Fund3
ScaleWolf VC3
Superhero Capital3
Change Ventures2
First Degree Capital2
Necto Labs2
PurposeTech2
Specialist VC2
Advanzia Bank1
AfterWork Ventures1
AttaPoll1
Ayuh1
Baltic Sandbox Ventures1
Black Pearls VC1
Cento Ventures1

Investment Strategy

Firstpick: Led accounts for 39% and participating for 61% of round participation.All available history.
Firstpick: Led accounts for 39% and participating for 61% of round participation. All available history
CategoryDeals (count)Share (%)
Led1239%
Participating1961%
Firstpick: Single-lead accounts for 83% and co-led for 17% of lead dynamics.All available history.
Firstpick: Single-lead accounts for 83% and co-led for 17% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead1083%
Co-led217%

Team

Andra Bagdonaite

Partner

Dmitrij Sosunov

Partner

Jokūbas Vaičiulis

Investment Associate

Jone Vaituleviciute

Managing Partner

Marijus Andrijauskas

Partner

Nikodemas Valiušaitis

Compliance & Finance Associate

Tadas Gudauskas

Acceleration Program Manager