BlackPeak Capital
BlackPeak Capital is a Sofia-based private equity and venture capital firm that leads growth capital and Series B rounds (€7M–$50M) across Central and Eastern Europe — spanning fintech, consumer, cleantech, and AI security — and is led by managing partners Rossen Ivanov and Ivailo Gospodinov.
- Company typePrivate
- Founded2025
- HeadquartersSofia, Bulgaria
- Headcount11–50
- GTM typeB2B
- OfferingServices
What BlackPeak Capital does
BlackPeak Capital is a Sofia, Bulgaria-based private equity and venture capital firm founded in 2014, focused on growth capital investments in Central and Eastern Europe with selective exposure to Western markets. The firm leads or co-leads mid-sized growth and Series B rounds, typically writing €7M to €50M checks, as demonstrated by its €10M Series B lead in Slovenian BNPL provider Leanpay (2024), growth equity into Serbian specialty coffee chain Kafeterija (2025), €7M growth equity into Croatian materials company Fasal Bio (2026), and a co-led $50M Series B in US-based AI security company Alcatraz AI (2026). Its portfolio spans fintech/lending, consumer/retail roll-ups, industrial/cleantech materials, and AI-enabled security, with geographic coverage across Bulgaria, Slovenia, Romania, Hungary, Serbia, Croatia, and the United States.
The firm operates with a lean team of 11–50 employees led by two managing partners, Rossen Ivanov and Ivailo Gospodinov, with finance led by Adelina Milanova. BlackPeak's business model follows the standard PE/VC template — generating revenue from management fees on committed fund capital and carried interest on portfolio exits — though fund size, AUM, fee rates, and realized returns are not publicly disclosed. Distribution is relationship-driven; the firm co-invests alongside a recurring cluster of CEE-dedicated capital providers, including South Central Ventures, Lead Ventures, Catalyst Romania Fund II, Cogito Capital, Almaz Capital, EBRD, and Taiwania Capital, which supports deal sourcing and co-investor alignment in the region.
Strategically, BlackPeak is executing a measured regional expansion: entering Serbia in 2025 and Croatia and the US in 2026 while deepening its CEE thesis across verticals. The pattern of leading rounds, syndicating with institutional/EU development capital (notably EBRD), and writing progressively larger checks signals a maturing platform with growing dry powder, even as no new fund close or AUM milestone has been publicly disclosed.
BlackPeak Capital firmographics
Firmographics- Name
- BlackPeak Capital
- Legal name
- BlackPeak Capital
- Website
- https://blackpeak-capital.com
- Company type
- Private
- Founded year
- 2025
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- BlackPeak Capital is a Sofia-based private equity and venture capital firm that leads growth capital and Series B rounds (€7M–$50M) across Central and Eastern Europe — spanning fintech, consumer, cleantech, and AI security — and is led by managing partners Rossen Ivanov and Ivailo Gospodinov.
- Ownership category
- akta.pro rank
BlackPeak Capital industry classification
Industry- Product category
- Private Equity
- NAICS
- All Other Financial Investment Activities (52399)
- SIC
- Investors, Nec (6799)
- akta.pro primary industry
- Technology & Software Growth Equity (FSANACAA)
- akta.pro secondary industry
- Business Services (B2B) Growth Equity (FSANACAD)
Keywords
Where BlackPeak Capital is headquartered
LocationHeadquarters
- HQ city
- Sofia
- HQ country
- Bulgaria
- HQ region
- Europe
Offices1 record
Markets served
BlackPeak Capital business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
BlackPeak Capital product offering
Product offeringCore offering
BlackPeak Capital is a Bulgaria-based private equity and venture capital firm that provides growth capital and Series B funding to companies primarily in Central and Eastern Europe. The firm invests in sectors including composite materials, AI-powered access control, specialty coffee chains, and consumer lending, leading or co-leading funding rounds ranging from €7 million to $50 million.
Differentiator
Problem solved
Functional benefit
Products and services
- Growth Equity Investments
- Series B Funding
Companies that use BlackPeak Capital
Customer profileIdeal customer profiles1 record
BlackPeak Capital technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
BlackPeak Capital partnerships and signals
Strategic signalScale indicators3 records
Recent moves4 records
Expansion highlights6 records
BlackPeak Capital competitors and assessment
Company assessmentRegional players
- Axxess Capital: Bulgaria- and SEE-focused private equity firm with a long regional track record. Comparable as a Bulgaria-anchored competitor for the same Southeastern European growth-equity deals.
Direct peers
- Abris Capital Partners: CEE-focused mid-market private equity investor with track record across Romania, Poland, Hungary and the Balkans. Comparable in regional mandate and growth-stage ticket sizes, and a likely direct competitor for the same founder relationships.
- Mid Europa Partners: One of the largest dedicated CEE private equity firms, making control and growth investments across Central Europe and the Balkans. Highly comparable to BlackPeak by regional focus and growth-stage orientation, though operating at meaningfully larger fund sizes.
- Resource Partners: CEE mid-market private equity firm focused on management buyouts and growth capital in Poland and neighboring countries. Comparable by regional scope and growth-equity orientation, particularly in consumer and services.
- Lead Ventures: CEE growth capital fund that participated in the Leanpay round alongside BlackPeak. Comparable by stage, ticket size, and regional focus, particularly across Hungary and Slovenia.
- Enterprise Investors: One of the longest-established CEE private equity firms, investing growth and expansion capital across Poland and the broader CEE region. Comparable mandate and ticket size to BlackPeak, with a similar focus on supporting regional companies scaling into Europe.
- Cogito Capital: Growth-stage investor focused on CEE and Israeli technology companies. Directly comparable as a co-lead on the Alcatraz AI round and as a likely competitor for tech-driven growth deals in the region.
- South Central Ventures: Venture and growth investor focused on the Western Balkans and the Adriatic region. Comparable as a co-investor alongside BlackPeak in Leanpay and as a regional growth-equity peer targeting similar geographies.
- Catalyst Romania Fund II: Romania-focused growth equity fund that co-invested in Leanpay. Operates in a directly overlapping geographic and stage segment, competing for the same founder and SME universe.
Broad incumbents
- European Bank for Reconstruction and Development (EBRD): Development finance institution that participated in the Alcatraz AI round alongside BlackPeak. Relevant as both a co-investor and a broader capital provider shaping the CEE growth-equity ecosystem in which BlackPeak operates.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks5 records
Key highlights5 records
Customer concentration
BlackPeak Capital social profiles
Digital presenceBlackPeak Capital financial estimates
Financial estimateRevenue estimate
Valuation estimate
BlackPeak Capital leadership team
Management profileNumber of profiles
Profiles3 records
BlackPeak Capital funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
BlackPeak Capital M&A and investment
M&A and investmentM&A
Investments20 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about BlackPeak Capital
What does BlackPeak Capital do?
BlackPeak Capital is a Bulgaria-based private equity and venture capital firm that provides growth capital and Series B funding to companies primarily in Central and Eastern Europe. The firm invests in sectors including composite materials, AI-powered access control, specialty coffee chains, and consumer lending, leading or co-leading funding rounds ranging from €7 million to $50 million.
Is BlackPeak Capital a public or private company?
BlackPeak Capital is a private company. It is classified as management employee owned and is currently operating.
When was BlackPeak Capital founded?
BlackPeak Capital was founded in 2025. It employs 11 to 50 people.
Where is BlackPeak Capital based?
BlackPeak Capital is headquartered in Sofia, Bulgaria, in the Europe region.
Who are BlackPeak Capital's main competitors?
Axxess Capital is listed as a regional player. Direct peers are Abris Capital Partners, Mid Europa Partners, Resource Partners, Lead Ventures, Enterprise Investors, Cogito Capital, South Central Ventures and Catalyst Romania Fund II. European Bank for Reconstruction and Development (EBRD) is listed as a broad incumbent.
Does BlackPeak Capital have an API?
No public API is recorded for BlackPeak Capital.
What industry is BlackPeak Capital in?
BlackPeak Capital's product category is Private Equity. Its primary akta.pro industry code is FSANACAA, Technology & Software Growth Equity, with a secondary code of FSANACAD, Business Services (B2B) Growth Equity. Its NAICS code is 52399 and its SIC code is 6799.