Croatian Business Angels Network
CRANE (Croatian Business Angels Network) is a Zagreb-based nonprofit founded in 2008 that organizes business angels from Croatia and abroad, connecting individual investors with Croatian early-stage companies seeking angel capital and co-investment opportunities.
- Company typePrivate
- Founded2008
- HeadquartersZagreb, Croatia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Croatian Business Angels Network does
CRANE (Croatian Business Angels Network) is a nonprofit organization founded in 2008 and headquartered in Zagreb, Croatia. The organization functions as a membership-based association that brings together business angels from Croatia and abroad, operating within the early-stage investment ecosystem. Its stated purpose is to organize and grow the Croatian angel-investing community and to channel individual private capital into early-stage companies. The organization employs between 11 and 50 people based in Zagreb, with its founder Davorin Štetner continuing to serve as Founder, CEO and President.
The core offering is the network itself: a structured environment for business angel activity, including deal sourcing, syndication of co-investments, shared due diligence, and educational programming for both angel members and entrepreneurs. As a nonprofit, CRANE most plausibly derives revenue from a mix of membership dues, event sponsorship, training programs, and institutional or EU grant funding, although the source data does not disclose revenue mechanics, pricing, or specific funding sources. No digital products, software platforms, APIs, or proprietary technology assets are described in the available material.
Founded 16+ years ago, CRANE serves two principal counterparties: Croatian and internationally-based high-net-worth individuals seeking structured access to early-stage deal flow in Croatia, and Croatian early-stage companies seeking angel capital. The firm's enduring role in the regional angel ecosystem suggests an established brand position, but detailed operating metrics (membership count, capital deployed, deal flow, recent strategic activity) are not available in the source data, which is materially incomplete and includes an unverifiable website payload.
Croatian Business Angels Network firmographics
Firmographics- Name
- Croatian Business Angels Network
- Website
- https://crane.hr
- Company type
- Private
- Founded year
- 2008
- Headcount range
- 11–50 employees
- Short description
- CRANE (Croatian Business Angels Network) is a Zagreb-based nonprofit founded in 2008 that organizes business angels from Croatia and abroad, connecting individual investors with Croatian early-stage companies seeking angel capital and co-investment opportunities.
- Ownership category
- akta.pro rank
Croatian Business Angels Network industry classification
Industry- Product category
- Angel Investment Network
- akta.pro primary industry
- Micro-VC & Angel Funds (FSANAAAI)
Keywords
Where Croatian Business Angels Network is headquartered
LocationHeadquarters
- HQ city
- Zagreb
- HQ country
- Croatia
- HQ region
- Europe
Markets served
Croatian Business Angels Network business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales
Croatian Business Angels Network product offering
Product offeringCore offering
Croatian Business Angels Network (CRANE) is a nonprofit organization that brings together business angels from Croatia and abroad to co-invest in early-stage companies and startups. The network facilitates deal flow, investor education, and matchmaking between high-net-worth individual investors and entrepreneurs seeking seed and early-stage capital.
Differentiator
Problem solved
Functional benefit
Products and services
- Business Angel Network Membership Membership-based nonprofit network that connects business angels with entrepreneurs and startups, providing deal flow, co-investment opportunities, and investor education for high-net-worth individuals and early-stage companies.
Companies that use Croatian Business Angels Network
Customer profileIdeal customer profiles2 records
Croatian Business Angels Network technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Croatian Business Angels Network partnerships and signals
Strategic signalRecent moves2 records
Expansion highlights1 record
Croatian Business Angels Network competitors and assessment
Company assessmentBroad incumbents
- European Business Angels Network (EBAN): EBAN is the pan-European federation of business angel networks, of which CRANE is a regional member. It is directly comparable as a higher-order umbrella organization serving the same angel-investing category across Europe, including Croatia.
- Keiretsu Forum: A global network of accredited angel investor chapters with shared deal-sourcing processes. Comparable to CRANE in being a multi-chapter angel syndication platform with standardized due-diligence practices.
Direct peers
- Tech Coast Angels: One of the most active U.S. angel networks, operating as a structured member-run nonprofit that screens, funds, and supports early-stage companies. Directly comparable to CRANE in structure, scale intent, and member-driven deal flow.
- Band of Angels: One of the largest U.S.-based angel networks, structured similarly to CRANE as a nonprofit/club of individual angels screening and syndicating early-stage deals. Highly comparable operating model and member governance.
- New York Angels: A long-standing nonprofit U.S. angel network screening and syndicating early-stage investments. Mirrors CRANE's nonprofit member-driven model and cross-deal collaboration.
Regional players
- Slovenian Business Angels Network (SBAN): A national angel network operating in Slovenia, a neighboring ex-Yugoslav market to Croatia. Highly comparable in mandate (national nonprofit angel infrastructure), target geography (small CEE economy), and likely member overlap with CRANE.
- Italian Business Angels Network (IBAN/Italian Angels for Growth): Italy's leading business angel network, structured as a nonprofit association of individual investors screening and co-investing in early-stage Italian startups. Directly comparable regional model to CRANE, though operating in a larger deal market.
- Croatian Private Equity and Venture Capital Association (CVCA): The main Croatian industry body for PE/VC investors. It is adjacent rather than directly competitive but covers the same Croatian early-stage capital ecosystem that CRANE serves.
- Golden Egg Check: A CEE-focused early-stage deal-sourcing and screening platform. Comparable to CRANE in serving the regional angel and seed-investor community, though operating a different model (deal platform rather than member network).
Emerging players
- Starters.co: An early-stage investor activity platform focused on the Croatian/CEE region that facilitates connections between founders and investors. Adjacent to CRANE's angel-matching mission in the same geographic ecosystem.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights4 records
Customer concentration
Croatian Business Angels Network social profiles
Digital presenceCroatian Business Angels Network financial estimates
Financial estimateRevenue estimate
Valuation estimate
Croatian Business Angels Network leadership team
Management profileNumber of profiles
Profiles1 record
Croatian Business Angels Network funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Croatian Business Angels Network M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Croatian Business Angels Network
What does Croatian Business Angels Network do?
Croatian Business Angels Network (CRANE) is a nonprofit organization that brings together business angels from Croatia and abroad to co-invest in early-stage companies and startups. The network facilitates deal flow, investor education, and matchmaking between high-net-worth individual investors and entrepreneurs seeking seed and early-stage capital.
When was Croatian Business Angels Network founded?
Croatian Business Angels Network was founded in 2008. It employs 11 to 50 people.
Where is Croatian Business Angels Network based?
Croatian Business Angels Network is headquartered in Zagreb, Croatia, in the Europe region.
Who are Croatian Business Angels Network's main competitors?
Broad incumbents on record are European Business Angels Network (EBAN) and Keiretsu Forum. Direct peers are Tech Coast Angels, Band of Angels and New York Angels. Regional players are Slovenian Business Angels Network (SBAN), Italian Business Angels Network (IBAN/Italian Angels for Growth), Croatian Private Equity and Venture Capital Association (CVCA) and Golden Egg Check. Starters.co is listed as an emerging player.
Does Croatian Business Angels Network have an API?
No public API is recorded for Croatian Business Angels Network.
What industry is Croatian Business Angels Network in?
Croatian Business Angels Network's product category is Angel Investment Network. Its primary akta.pro industry code is FSANAAAI, Micro-VC & Angel Funds.