Movens Capital
Movens Capital is a Warsaw-based multi-stage venture capital fund investing €0.25–3M (with follow-ons up to €5M) in Central and Eastern European tech founders with global ambitions, focused on AI, fintech, SaaS, and marketplaces. The €60M Fund 2 is backed by EBRD, PFR Ventures, and 80+ tech entrepreneurs.
- Company typePrivate
- Founded2018
- HeadquartersWarsaw, Poland
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Movens Capital does
Movens Capital is a Warsaw-based multi-stage venture capital fund manager founded in 2018 that invests €0.25–3M in Central and Eastern European tech companies targeting global markets, with a focus on AI, fintech, SaaS, and marketplaces. The firm is led by a nine-person partner team combining 150+ years of tech operating experience and has been active in AI/ML investing since 2015; more than 50% of the current portfolio sits in AI/ML. Its core 'product' is a multi-vehicle platform comprising the historic Movens Ventures 1/2/3 SPVs, Movens Fund 1 (€14M deployed 2020–2023 across 20 pre-seed/seed startups), Movens Growth Equity (a 2022 Series A+ vehicle), and the flagship €60M Movens Fund 2 launched in mid-2025.
Movens Fund 2 is backed by institutional LPs EBRD and PFR Ventures plus 80+ tech entrepreneurs and family offices, and provides initial checks of €0.25–3M with reserved follow-on capital of up to €5M per company (total exposure up to €8M). The firm differentiates on operator-led value-add rather than capital alone: an in-house pricing expert (Maciej Kraus, PhD, lecturer at Stanford MBA), direct introductions to 300+ international VCs, sales playbooks, KPI/OKR support, C-level hiring assistance, and access to 100+ operational experts. The leadership team's track record includes €500M+ in transactions managed, 25+ closed M&A deals, and €110M raised by portfolio companies in follow-on funding at a 9x multiple.
The business model combines management fees and carried interest across the fund vehicles with revenue from a separate Movens Advisory sub-brand offering revenue management and pricing strategy services. Portfolio of 30+ companies spans vertical AI (Talkie.ai, Sky Engine AI, Replenit, Mos Health, Attention Insight), B2B SaaS (Certifier, Alokai, DevSkiller, Demoboost, Doctor.one), marketplaces (sun.store, Packhelp, Fenige, Nethansa, Woltair, Fyrtel), climate/solar, healthtech, insurtech, and logistics (Cargofy, Grid.online), with named exits including Packhelp (2019) and Fenige (2023) generating an average ~9x cash-on-cash multiple across Fund 1's six successful exits.
Movens Capital firmographics
Firmographics- Name
- Movens Capital
- Legal name
- Movens Venture Capital Sp. z o.o.
- Website
- https://movenscapital.com
- Company type
- Private
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Movens Capital is a Warsaw-based multi-stage venture capital fund investing €0.25–3M (with follow-ons up to €5M) in Central and Eastern European tech founders with global ambitions, focused on AI, fintech, SaaS, and marketplaces. The €60M Fund 2 is backed by EBRD, PFR Ventures, and 80+ tech entrepreneurs.
- Ownership category
- akta.pro rank
Movens Capital industry classification
Industry- Product category
- Venture Capital Fund Management
- NAICS
- Portfolio Management and Investment Advice (523940), Other Financial Investment Activities (5239)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Sector-Focused Venture Capital (Vertical Specialists) (FSANAAAD)
Keywords
Where Movens Capital is headquartered
LocationHeadquarters
- HQ city
- Warsaw
- HQ country
- Poland
- HQ region
- Europe
Offices1 record
Markets served
Movens Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- Fund management (Movens Fund 2): Multi-stage venture capital fund of €60M reserved for top early-stage and growth startups. Generates management fees and carried interest from limited partners including EBRD, PFR Ventures, and 40+ tech leaders from CEE.
- Capital gains from portfolio exits: Movens Fund 1 (2020-2023) invested €14 million in 20 tech startups, generating over €110 million in follow-on funding (9x multiple). Early portfolio had 6 successful exits at average 9x CoC. Realized exits include Packhelp (2019), Fenige (2023), and Salad Story via SPVs Movens Ventures 1/2/3.
- Movens Advisory (Revenue Management): Adjacent revenue management and advisory services operated via separate entity Movens Advisory (movensadvisory.com) for portfolio support and external clients
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Other | Initial checks: €250K – €3M |
| Other | Other | Follow-on checks: up to €5M |
| Other | Other | Fund 2 size: €60M |
Go-to-market motion3 records
Distribution channels4 records
Marketing channels8 records
Movens Capital product offering
Product offeringCore offering
Movens Capital is a multi-stage venture capital fund that invests €0.25M–€3M (initial) and up to €5M (follow-on) in Central and Eastern European (CEE) tech companies targeting €50M+ ARR and global market leadership, with a stated focus on AI/ML and B2B SaaS. The firm combines equity capital with operator-led value-add support, including in-house pricing strategy expertise, direct access to 300+ international VCs and 100+ operational experts, fundraising coaching, GTM playbooks, KPI/OKR support, and C-level hiring assistance. Its current €60M Fund 2 is backed by EBRD, PFR Ventures, and 80+ tech entrepreneurs and family offices.
Product overview
Movens Capital operates a platform-plus-modules architecture built around multiple investment vehicles rather than a single software product. Its core offering is the newly launched Movens Fund 2, a €60M multi-stage CEE venture capital fund that targets pre-seed through Series A+ with initial checks of €0.25M–€3M and follow-ons up to €5M. It is complemented by legacy vehicles Movens Fund 1 (pre-seed/seed), Movens Growth Equity (Series A+), and the historic Movens Ventures 1/2/3 SPVs, as well as by an adjacent advisory arm, Movens Advisory, which provides revenue management and pricing strategy support. Together these funds back a portfolio of 30+ active CEE tech companies — including AI/ML plays such as Talkie.ai, Sky Engine AI, Mos Health, Replenit, and Attention Insight; B2B SaaS such as Certifier, Alokai, Doctor.one, Demoboost, DevSkiller, Partory, and Epinote; and marketplace and commerce names such as Sun.Store, Packhelp, Fenige, Nethansa, Fyrtel, and Woltair — plus exited positions such as Packhelp and Fenige.
Differentiator
Problem solved
Functional benefit
Brands
- Movens Advisory: Revenue management and pricing strategy advisory service operated as a separate sub-brand. Operates its own website at movensadvisory.com.
Products and services
- Movens Fund 2 Multi-stage venture capital fund sized at €60M that invests €0.25M–€3M initially (up to €5M in follow-ons, total exposure up to €8M) in CEE tech founders from pre-seed through Series A+. Backed by EBRD, PFR Ventures, and 80+ tech entrepreneurs and family offices, targeting globally scalable AI/ML, B2B SaaS, and marketplace startups.
- Movens Fund 1 First institutional pre-seed and seed venture capital fund that invested €14M into 20 tech startups and generated over €110M in follow-on funding (9x multiple), producing exits including Packhelp (2019), Fenige (2023), and Salad Story via SPVs Movens Ventures 1/2/3.
- Movens Growth Equity Growth-stage venture capital vehicle focused on Series A+ investments as a complement to the early-stage Fund 1. Specific fund size for this vehicle is not publicly disclosed.
- Movens Advisory Adjacent revenue management and pricing strategy advisory service operated via separate entity Movens Advisory (movensadvisory.com) for portfolio support and external clients.
Quantifiable outcome
- €110M raised by portfolio companies in follow-on rounds (9x multiple)
- +5 more outcomes
Companies that use Movens Capital
Customer profileNamed customers33 records
Segments5 records
Ideal customer profiles3 records
Movens Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Movens Capital partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Mati Staniszewski / ElevenLabs (ecosystem reference)minorElevenLabs co-founder/CEO Mati Staniszewski participated as angel in Replenit pre-seed round co-led by Movens Capital. The Polish VC market context references ElevenLabs and Iceye as exemplars of deeptech mega-rounds that attract above-average valuations.
Scale indicators11 records
Recent moves9 records
Expansion highlights6 records
Movens Capital competitors and assessment
Company assessmentDirect peers
- Vastpoint: Polish early-stage VC that co-led Replenit's pre-seed round with Movens. Comparable stage, CEE geographic focus, and AI/vertical SaaS orientation.
- SMOK Ventures: CEE-focused early-stage VC that co-led Mos Health's pre-seed with Movens and participates in multiple CEE syndicates. Comparable CEE mandate, similar ticket sizes, and direct co-investment overlap make it the closest peer.
- Day One Capital: Budapest-based early-stage CEE VC focused on CEE founders. Existing investor in Volteum alongside Movens; comparable regional focus, AI/SaaS orientation, and pre-seed/seed ticket sizes.
- Market One Capital: CEE-focused VC backing marketplace and B2B models; co-led sun.store seed with Movens. Comparable regional mandate and stage focus with overlapping portfolio sectors.
- Reflex Capital: Czech/Central European early-stage VC co-investing with Movens in grid.online and similar CEE rounds. Closely comparable geographic focus, stage range, and AI/SaaS thesis.
- Contrarian Ventures: Lithuania-based early-stage VC with CEE/climate-tech orientation; co-led sun.store seed alongside Movens. Comparable regional focus with overlapping climate and B2B SaaS thesis.
- J&T Ventures: CEE-focused venture arm of J&T Group, co-investing with Movens in grid.online and other CEE rounds. Comparable mandate, stage focus, and regional deal sourcing.
- DFF Ventures: European early-stage VC that led the grid.online seed round alongside Movens. Comparable pre-seed/seed ticket sizes and European founder focus with overlapping sectors.
Broad incumbents
- Speedinvest: Large pan-European multi-stage VC covering seed through growth with sector-focused teams (AI/ML, fintech, SaaS). Broader geographic footprint and AUM make it a benchmark incumbent in the categories Movens invests in.
- Index Ventures: Global multi-stage VC with strong European footprint, active in SaaS, AI, and marketplaces. Serves as the aspirational incumbent peer Movens targets as its CEE founders scale into global opportunities.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks7 records
Key highlights7 records
Customer concentration
Movens Capital social profiles
Digital presenceMovens Capital compliance and trust
Trust signalCompliance3 records
Movens Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
Movens Capital leadership team
Management profileNumber of profiles
Profiles9 records
Movens Capital subsidiaries and ownership
Company hierarchySubsidiaries6 records
Movens Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Movens Capital M&A and investment
M&A and investmentM&A
Investments45 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Movens Capital
What does Movens Capital do?
Movens Capital is a multi-stage venture capital fund that invests €0.25M–€3M (initial) and up to €5M (follow-on) in Central and Eastern European (CEE) tech companies targeting €50M+ ARR and global market leadership, with a stated focus on AI/ML and B2B SaaS. The firm combines equity capital with operator-led value-add support, including in-house pricing strategy expertise, direct access to 300+ international VCs and 100+ operational experts, fundraising coaching, GTM playbooks, KPI/OKR support, and C-level hiring assistance. Its current €60M Fund 2 is backed by EBRD, PFR Ventures, and 80+ tech entrepreneurs and family offices.
Is Movens Capital a public or private company?
Movens Capital is a private company. It is classified as management employee owned and is currently operating.
When was Movens Capital founded?
Movens Capital was founded in 2018. It employs 11 to 50 people.
Where is Movens Capital based?
Movens Capital is headquartered in Warsaw, Poland, in the Europe region.
How does Movens Capital make money?
Three revenue lines are on record. Fund management (Movens Fund 2) is the primary driver. The others are capital gains from portfolio exits and movens Advisory (Revenue Management).
Who are Movens Capital's main competitors?
Direct peers on record are Vastpoint, SMOK Ventures, Day One Capital, Market One Capital, Reflex Capital, Contrarian Ventures, J&T Ventures and DFF Ventures. Broad incumbents are Speedinvest and Index Ventures.
Does Movens Capital have an API?
No public API is recorded for Movens Capital.
What industry is Movens Capital in?
Movens Capital's product category is Venture Capital Fund Management. Its primary akta.pro industry code is FSANAAAD, Sector-Focused Venture Capital (Vertical Specialists). Its NAICS code is 523940 and its SIC code is 6282.