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The Venture Codex

Lithuanian Business Angels Network

L. Stuokos-Gucevičiaus g. 9-10, Vilnius, Vilniaus Apskritis, 01122, Lithuania

Overview

Fosters business angel activity through networking and education.

Founded

2017

Deals · 12mo

0

Links

WebsiteLinkedIn

Stage focus

Seed

Geographic focus

Lithuania

Sector focus

Association
Events
Information Technology
Messaging

Investment portfolio

6rounds
NAMEDATESIZE
BrachyDOSE
Jul 2025Participated
$0.64 MOther Equity
Perfection42
Apr 2023Participated
$1 MSeed
NO-CV
Dec 2021Participated
$0.24 MOther Equity
Cogastro
Dec 2021Led
$0.57 MSeed
Attention Insight
Jun 2019Participated
$217 MOther Equity
Oxipit
Jun 2018Led
$0.12 MOther Equity
BrachyDOSE
Jul 2025Participated
$0.64 MOther Equity
Perfection42
Apr 2023Participated
$1 MSeed
NO-CV
Dec 2021Participated
$0.24 MOther Equity
Cogastro
Dec 2021Led
$0.57 MSeed
Attention Insight
Jun 2019Participated
$217 MOther Equity
Oxipit
Jun 2018Led
$0.12 MOther Equity
6
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Insights

Time horizon

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Deal Distribution

Lithuanian Business Angels Network: 6 funding rounds are recorded in the selected participation categories.All available history.
Lithuanian Business Angels Network: 6 funding rounds are recorded in the selected participation categories. All available history
Round typeLed dealsParticipated deals
Seed11
Other Equity13

Monthly Deal Activity

Lithuanian Business Angels Network: 6 deals are recorded across 101 months.All available history.
Lithuanian Business Angels Network: 6 deals are recorded across 101 months. All available history
MonthDeals
Jun '181
Jul '180
Aug '180
Sep '180
Oct '180
Nov '180
Dec '180
Jan '190
Feb '190
Mar '190
Apr '190
May '190
Jun '191
Jul '190
Aug '190
Sep '190
Oct '190
Nov '190
Dec '190
Jan '200
Feb '200
Mar '200
Apr '200
May '200
Jun '200
Jul '200
Aug '200
Sep '200
Oct '200
Nov '200
Dec '200
Jan '210
Feb '210
Mar '210
Apr '210
May '210
Jun '210
Jul '210
Aug '210
Sep '210
Oct '210
Nov '210
Dec '212
Jan '220
Feb '220
Mar '220
Apr '220
May '220
Jun '220
Jul '220
Aug '220
Sep '220
Oct '220
Nov '220
Dec '220
Jan '230
Feb '230
Mar '230
Apr '231
May '230
Jun '230
Jul '230
Aug '230
Sep '230
Oct '230
Nov '230
Dec '230
Jan '240
Feb '240
Mar '240
Apr '240
May '240
Jun '240
Jul '240
Aug '240
Sep '240
Oct '240
Nov '240
Dec '240
Jan '250
Feb '250
Mar '250
Apr '250
May '250
Jun '250
Jul '251
Aug '250
Sep '250
Oct '250
Nov '250
Dec '250
Jan '260
Feb '260
Mar '260
Apr '260
May '260
Jun '260
Jul '260
Aug '260
Sep '260
Oct '260

Sector Breakdown

Lithuanian Business Angels Network: Enterprise Software is the largest displayed sector by deal count (3 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.

Lithuanian Business Angels Network: Enterprise Software is the largest displayed sector by deal count (3 deals). All available history
SectorDeals
Enterprise Software3
AI & Machine Learning3
Developer Tools2
Networks, Cloud & Communication2
Health & Life Sciences2
Marketing & Advertising1
Manufacturing1
Media & Entertainment1
Food & Agriculture1
AR/VR1
Professional Services1
Gaming & eSports1
Data, Analytics & IT1
Space & Frontier Tech1

Deal Size Distribution

Lithuanian Business Angels Network: 6 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.

Lithuanian Business Angels Network: 6 rounds have a disclosed size in the displayed size bands. All available history
Round size band (USD)Deals
<$5M5
$5M-$10M0
$10M-$25M0
$25M-$50M0
$50M-$100M0
$100M-$250M1
$250M-$500M0
$500M-$1B0
$1B+0

Deals By Geography

Lithuanian Business Angels Network: Europe has the largest recorded deal count among the displayed regions (6 deals).All available history.

Top 1 of 1 regions; European countries are grouped as Europe.

Lithuanian Business Angels Network: Europe has the largest recorded deal count among the displayed regions (6 deals). All available history
RegionDeals
Europe6
Lithuanian Business Angels Network: 7 co-investors are shown, with Coinvest Capital sharing 5 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.

Lithuanian Business Angels Network: 7 co-investors are shown, with Coinvest Capital sharing 5 recorded deals. All available history
Co-investorShared deals
Coinvest Capital5
EstBAN2
Baltic Sandbox Ventures1
Latvian Business Angels network1
OCC1
Open Circle Capital1
Startup Lithuania1

Investment Strategy

Lithuanian Business Angels Network: Led accounts for 33% and participating for 67% of round participation.All available history.
Lithuanian Business Angels Network: Led accounts for 33% and participating for 67% of round participation. All available history
CategoryDeals (count)Share (%)
Led233%
Participating467%
Lithuanian Business Angels Network: Single-lead accounts for 50% and co-led for 50% of lead dynamics.All available history.
Lithuanian Business Angels Network: Single-lead accounts for 50% and co-led for 50% of lead dynamics. All available history
CategoryDeals (count)Share (%)
Single-lead150%
Co-led150%

Team

Gytenis Galkis

Founder & Member of the Board

Martynas Kandzeras

Member of The Board | Co-Founder

Paulius Lastas

Member

Roberta Rudokienė

CEO