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The Venture Codex

Next Road Ventures

ul. Padewska 23/7, Warsaw, Mazowieckie, 00-777, Poland

Overview

We are a polish VC fund backed by the global business angels. Our sweet spot is European early stage companies founded by visionary entrepreneurs who aim to become global winners in their respective industry. Together with our affiliates, CEE Business Angel Network, leading European deal flow platform Vestbee as well as our global network of VC funds and corporate partners, we support our companies with the relevant network, expertise, resources and funds to help them expand to new markets. Next Road Ventures in a nutshell: GEOGRAPHY - Europe with a strong focus on Central & Eastern Europe; ROUNDS - seed, pre-series A, series A; STAGES - product on the market (at least MVP), revenue or growing traction; SECTORS - multi-sector with a preference on ICT, Big Data, SaaS, Martech, Fintech, Industry 4.0, IoT, e-commerce etc.; TICKET - up to 1M EUR

Total investments
6
Lead investments
3
Investments · 12mo
0
Active investors
2

Sector focus

  • E-Commerce
  • FinTech
  • Information and Communications Technology (ICT)
  • Information Technology
  • Internet
  • Internet of Things
  • Marketplace
  • SaaS
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Investment portfolio

  • Epinote

    Led · Seed · Mar 2023

    Epinote offers a plug-and-play workforce and technology platform that handles repetitive, hard-to-automate tasks such as data annotation and enrichment, lead generation and validation, CRM management, customer acquisition, market research, monitoring, and document management. The company combines human associates with software tools to increase productivity and provide deployable teams for companies that need oversight beyond pure AI. Epinote says its service is positioned as a cost-effective alternative to traditional BPOs or temporary hires. It has over 50 clients across three continents, including BCG, Brainly, InPost Fresh, and Packhelp, and the company reports rapid growth in sales. Epinote plans to develop its platform further and use investor support to boost efficiency and serve more companies globally. The startup was founded by Mateusz Wikło and Kacper Raszkiewicz and is based in Warsaw.

  • Amano

    Participated · Seed · Feb 2022

    Amano is developing an aggregator aimed at reinventing the post-purchase e-commerce experience by consolidating purchase-related emails into a single overview for consumers. The product promises real-time tracking, a one-click complaint and return process, and a unified view regardless of marketplace. From a merchant perspective, Amano aims to convert ignored post-purchase emails into engagement and retention opportunities. The startup was previously bootstrapped, supports a team of 12, and was founded by serial entrepreneurs Małgorzata Sitkowska and Nicolas Jedraszak, who built Frisco.pl (acquired by Eurocash in 2015) and Daily.pl (acquired by Wolt in 2018). Amano plans to use new funding to accelerate product development and hire additional staff. The company is Warsaw-based and remains in development while building out its platform.

  • SalesOn

    Led · Equity · Sep 2021

    SalesOn pivoted from offline sales training to an online e-learning platform after COVID, offering an annual subscription with nearly 40 prepared courses for salespeople. The platform supports custom product training, rankings and analytics of sales staff proficiency, gamification, skills verification, and custom assessment templates. The company serves over 13,000 learners across more than 200 companies and is currently available in Polish. Management plans to add English and additional languages to scale across Central and Eastern Europe while avoiding costly local offices. SalesOn intends to develop a proprietary AI to analyze training data and surface insights about learning effectiveness and sales-team performance. The recent investment will be used to accelerate regional expansion, product development, and the AI ambition.

  • SmartHotel

    Participated · Seed · Aug 2021

    SmartHotel is a Polish traveltech SaaS that enables contactless guest–hotel communication via regular messengers (WhatsApp, Facebook Messenger, Signal, Kakao, WeChat) without app installation. Founded in October 2019 by Maciej Prostak, Damian Dąbrowski, and Paula Pul, the product supports check-in, check-out, and handling guest issues through a chatbot-like interface. The solution requires minimal initial setup and is positioned against enterprise competitors as a lightweight, scalable SaaS. SmartHotel is active in Poland and several African countries and counts customers such as Radisson Szklarska Poręba, Hotel Saltic, Zdrojowa Hotels group, Renters.pl, and RentPlanet. The company plans to expand hiring and sales efforts to meet growing demand. Financially, SmartHotel will use the new funds to hire staff, expand sales, and cover short-term losses from pandemic-related market stagnation while adjusting pricing and sales strategies to customers' constrained budgets.

  • Amberlo

    Participated · Seed · Feb 2021

    Amberlo is a cloud-based, all-in-one practice management platform for law firms that combines CRM, workflow and matter management built on microservices with a strong focus on UX. The team ships new features every three weeks and maintains a 12-month product roadmap plus a 24-month research roadmap focused on AI-driven capabilities. Over the next 2–3 years Amberlo plans to automate client intake, task routing, create timesheets automatically based on work patterns, and provide multilingual expert-system insights and recommendations. The company reports significant adoption across Europe and says it has accrued 15–20% of legal professionals in Lithuania as customers; it is also winning larger law firms and corporate legal departments. With a fresh €1M seed investment the firm has started a major AI implementation project and is expanding its Polish team while planning entry into Spanish and German-speaking markets. Management emphasizes that consolidating legacy tools into a cloud solution delivers ROI measured in hours for its clients.

Team