Led · Equity · Jun 2023

Greenstic Europe is a distributor and contract manufacturer of disposable, eco-friendly restaurant packaging, containers and cutlery. The company is based in Budapest, Hungary and occupies the premium segment of the disposable containers and cutlery market. After acquiring a competitor at the end of 2021, Greenstic became market leader in the premium segment. In 2022 the firm began international expansion by establishing a subsidiary in Romania and a franchise partnership in Slovakia under the Greenstic Europe brand identity. In June 2023 Hiventures invested approximately EUR 1.4M. Greenstic intends to use the funds to expand its manufacturing and logistics capacities and to broaden its product range and customer base in Hungary, Slovakia and Romania.

Led · Seed · Feb 2021

Oriana offers a low-code development platform composed of a Studio for defining complex workflows and screens, an Engine for traditional coding, and prebuilt "Blocks" such as calendars, timelines, and customer-data modules. The product targets large enterprise and government core applications including contact-center and enterprise service management systems, procurement, and complex document and process management. Oriana’s platform is already used to power Hungary’s largest Government Hotline (the 1818 number), which handles millions of calls per year. The company emphasizes rapid development of Enterprise Service Management applications and provides application templates to shorten project delivery times. Management is noted to have 20+ years of experience in their respective fields. Financially, Oriana recently closed a second seed investment of €484,000 from Hiventures and is planning a Series A round for its next growth stage. Oriana International offers a low-code platform built from reusable blocks to create 100% customizable business software without additional development. Its product evolved from the Effector CRM into a broader B2B backend focus supporting HR, purchasing, customer service, contact centers, field operations and document management. The company sells primarily through two partner types—business/IT consultants and system integrators—and provides an OEM package, training, templates, and go-to-market support so partners can license and commercialize their own IP. Oriana uses a pay-as-you-go pricing model to allow smaller companies to adopt the platform and also offers services to help partners set pricing and market strategy. Founded in 2002 in Budapest, Oriana split into two entities in December 2018, with Oriana International holding the IP; Oriana International currently has 15 employees while the Hungarian delivery entity operates ~50 staff. The company is pursuing global expansion from Budapest, has Microsoft partner program ties, and expects strong license-side growth.

Led · Series A · Apr 2019

Talentuno operates a community recruitment platform that lets users recommend acquaintances for jobs and earn commission as freelance 'MatchMakers'. Launched in September 2018 and based in Budapest, Hungary, the platform has more than 6,000 MatchMakers who have recommended nearly 7,000 candidates. The company has paid commission to more than 100 MatchMakers and reports hundreds of applications currently in progress. More than 100 companies, including Fortune 500 firms, have posted over 500 positions on the platform. Talentuno plans to use the Series A proceeds to accelerate geographic expansion—Poland is next—and to strengthen its technological and IT solutions. Management has also held initial talks with London-based investors about a potential ~€15m round to support UK expansion in 2020.