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Change Ventures

Change Ventures

Tallinn, Harju Countychangeventures.com

Overview

Change Ventures is a seed stage venture capital fund based in the Baltic states, backing ambitious Baltic founders anywhere in the world . They invest in technology or technology enabled early-stage enterprises primarily active in the Baltic countries of Estonia, Latvia and Lithuania . The firm seeks to invest in the technology sector with a preference for B2B and SaaS businesses .

Year Founded

2016

Portfolio Companies

23

Investments

CompanyDateStageLead
BirdyChatMay 2026SeedCo-investor
Giraffe360Mar 2026Series BCo-investor
SaltzMar 2026Series ALead
AlgoriDec 2025Early FundingCo-investor
AeronesJun 2025Early FundingCo-investor
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Key People

Yrjö Ojasaar

Fund II - Founder Investment Partner

Aveli Nurk

Operating Partner

Eldars Sarafutdinovs

Venture Partner

Ģirts Graudiņš

Venture Partner

Martin Vaivods

Venture Partner

Vytautas Kubilius

Venture Partner

Rait Ojasaar

Investment Partner

Andris K. Berzins

Partner

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Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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Firmographic Details

HeadquartersTallinn, Harju County
Year Founded2016

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