Angel investors backing Vilnius startups in 2026

13 June 2026·5 min read

Lithuania has a real angel scene. Unicorn founders now back startups. A national network pools the rest. Here are 11 angels and early backers funding Vilnius startups in 2026.

Vilnius has built real unicorns, and the founders behind them now invest their own money. That capital comes with hard-won operating experience, not just a cheque.

A national network pools angels and backs many deals across the city each year. Alongside it, micro-funds write the first cheques that get a company off the ground.

The early-stage scene here runs deep, so you will pitch both individual angels and small funds. Ellty puts all your data behind one link, so every backer sees the same clean story.

TypeCheck sizeSector focusWebsite
LitBANNational angel networkAngel tickets, syndicatedSector-agnostic, early techlitban.lt
NGL VenturesAngel syndicate~EUR300K-EUR1MFintech, healthtech, deeptechngl.vc
Coinvest CapitalState co-investment fund~EUR50K-EUR270KCybersecurity, fintech, deeptechcoinvest.lt
Mantas MikuckasSuper-angel (Vinted)~EUR25K-EUR1MConsumer, SaaS, fintechvinted.com
Tomas OkmanasSuper-angel / venture builderVaries widelyCybersecurity, AI, SaaStesonet.com
Gintas BalciunasOperator-angel (Dokobit)Angel ticketsFintech, regtech, SaaSdokobit.com
FIRSTPICKAccelerator-VC~EUR100K-EUR500KFintech, AI, SaaSfirstpick.vc
Practica CapitalSeed VC (angel-adjacent)Up to ~EUR3MB2B SaaS, fintech, deeptechpractica.vc
ScaleWolfAngel-style micro-VCPre-seed rangeDeeptech, space, SaaSscalewolf.vc
Iron Wolf CapitalEarly-stage VCSeed to Series AAI, cybersecurity, SaaSironwolfcapital.com
Startup Wise GuysBaltic accelerator~EUR100KFintech, SaaS, B2Bstartupwiseguys.com

Reach every angel with one trackable link

Angels and syndicates read fast and pass faster. Ellty shows who opened your deck so you follow up while interest is hot.

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What an angel backs here

An angel here backs the founder first, and conviction in that person drives the cheque. The market matters, but the team is what closes the round.

They move fast on small rounds, and pre-seed is where they feel most at home. A clear, honest ask wins them over far quicker than a polished pitch with no substance.

A tidy fundraising file makes that ask easy to say yes to. Ellty gives each backer one link, so you can see exactly who opens your deck.

EUR12.1M
LitBAN angels invested 2024
Across the national network
300+
Members in LitBAN
About 100 active angels
~60%
LT deals with angel backing
In 2024 and 2025
6
LitBAN exits in 2024
Two returned over 10x
Our syndicate of 33 angels backed Axiology because its blockchain solution will democratize bond investing for retail investors.
Justinas Pasys, NGL Ventures, 2024

11 Vilnius angel investors

1. LitBAN

LitBAN is Lithuania's national angel network.

Recent Activity: Members invested EUR12.1M in 2024

LinkedIn: LitBAN LinkedIn

Sector Focus: Sector-agnostic, early tech

Stage Focus: Pre-seed, seed

Check Size: Angel tickets, syndicated

Location: Vilnius, Lithuania

Website: litban.lt

2. NGL Ventures

NGL runs a large Lithuanian angel syndicate.

Recent Activity: Its angels backed Axiology and Ligence

Sector Focus: Fintech, healthtech, deeptech

Stage Focus: Pre-seed, seed

Check Size: ~EUR300K-EUR1M

Location: Vilnius, Lithuania

Website: ngl.vc

3. Coinvest Capital

Coinvest co-invests alongside angels.

Recent Activity: Co-invested in CBRX and Ligence

Sector Focus: Cybersecurity, fintech, deeptech

Stage Focus: Pre-seed, seed

Check Size: ~EUR50K-EUR270K

Location: Vilnius, Lithuania

Website: coinvest.lt

4. Mantas Mikuckas

Mantas Mikuckas co-founded Vinted.

Recent Activity: Backed Sintra and HeavyFinance

Sector Focus: Consumer, SaaS, fintech

Stage Focus: Pre-seed, seed

Check Size: ~EUR25K-EUR1M

Location: Vilnius (Vinted co-founder)

Website: vinted.com

5. Tomas Okmanas

Tomas Okmanas co-founded Nord Security.

Recent Activity: Backs ventures via Tesonet

Sector Focus: Cybersecurity, AI, SaaS

Stage Focus: Pre-seed, seed, build

Check Size: Varies widely

Location: Vilnius (Tesonet co-founder)

Website: tesonet.com

6. Gintas Balciunas

Gintas Balciunas runs e-signature firm Dokobit.

Recent Activity: An angel in AMLYZE's 2024 seed

Sector Focus: Fintech, regtech, SaaS

Stage Focus: Seed

Check Size: Angel tickets

Location: Vilnius, Lithuania

Website: dokobit.com

Send each backer one trackable link

Ellty logs when a backer opens your numbers. Chase the keen ones first, not days too late.

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7. FIRSTPICK

FIRSTPICK writes the first Baltic cheques.

Recent Activity: Backed AMLYZE in its 2024 seed

LinkedIn: FIRSTPICK LinkedIn

Sector Focus: Fintech, AI, SaaS

Stage Focus: Inception, pre-seed

Check Size: ~EUR100K-EUR500K

Location: Vilnius, Lithuania

Website: firstpick.vc

8. Practica Capital

Practica co-invests with Lithuanian angels.

Recent Activity: Led AMLYZE's 2024 seed round

Sector Focus: B2B SaaS, fintech, deeptech

Stage Focus: Seed

Check Size: Up to ~EUR3M

Location: Vilnius, Lithuania

Website: practica.vc

9. ScaleWolf

ScaleWolf backs early deeptech founders.

Recent Activity: Backed cybersecurity startup CBRX

Sector Focus: Deeptech, space, SaaS

Stage Focus: Pre-seed, seed

Check Size: Pre-seed range

Location: Lithuania

Website: scalewolf.vc

10. Iron Wolf Capital

Iron Wolf backs AI and cybersecurity startups.

Recent Activity: Backs AI and cybersecurity startups

Sector Focus: AI, cybersecurity, SaaS

Stage Focus: Seed to Series A

Check Size: Seed to Series A

Location: Vilnius and London

Website: ironwolfcapital.com

11. Startup Wise Guys

Startup Wise Guys accelerates Baltic founders.

Recent Activity: Accelerates early Baltic founders

Sector Focus: Fintech, SaaS, B2B

Stage Focus: Pre-seed

Check Size: ~EUR100K

Location: Tallinn, Estonia

Website: startupwiseguys.com

Why founders back founders

Vinted and Nord Security made fortunes, and the people who built them now invest. Their teams write cheques into the next wave of Vilnius startups.

They bring cash and real operating advice in equal measure. Operator scars beat textbook theory when you hit your first hard quarter.

Show them a clean, well-run process and they will lean in. See our Vilnius fintech guide too, and let Ellty log who actually reads your numbers.

How angel networks work here

LitBAN pools many angels under one roof, while NGL runs a large syndicate of its own. Together they share deal flow and split the diligence work.

One round can draw dozens of small cheques from a single network. To reach them, join a network and pitch the lead angel first.

That lead carries your story to the rest of the group. Ellty lets you share with a whole group at once, and our Hanoi angels guide covers the same playbook.

Raising an angel round in Vilnius

Line up several backers at once, because small cheques add up fast into a real round. Momentum matters, so keep the conversations running in parallel.

Protect your data as you share it, and use secure file sharing to stay in control. Lock your key files from leaks with password protection on every link.

Ellty sends updates and tracks every read along the way. That insight helps your startup time each nudge and close the round.

How to pitch an angel investor

Lead with your team and story.

  1. 1.
    Lead with your team and story.
    Open with who you are and why this team will win. Angels back people before products, so make them believe in you first.
  2. 2.
    Show early traction or pilots.
    Bring real numbers, signed pilots, or early revenue to the table. Concrete proof builds trust far faster than projections ever will.
  3. 3.
    Name your round and the ask.
    State exactly how much you are raising and what it buys. Keep the figure small, clear, and tied to your next milestone.
  4. 4.
    Send one Ellty link to your data.
    Share a single trackable link to your deck and numbers. Then watch who digs in so you know where the real interest sits.

How Ellty helps you land an angel investor in Vilnius

You have your Vilnius angel list ready. Set up a data room before you reach out.

  1. 1.
    Upload your deck, metrics, and plan.
    Set access per backer.
    Upload file in data room
  2. 2.
    Share one trackable link per backer.
    Each backer gets a unique link.
    Set permissions data room
  3. 3.
    Watch opens and reply on time.
    Use analytics to time each nudge.
    Analytics data room
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Vilnius angel investor questions

Does Vilnius have angels?
Yes, a real scene. Networks and founders lead.
Who are the super-angels?
Vinted and Nord founders. They back new teams.
How do networks work?
LitBAN and NGL pool angels. They co-invest as groups.
How big are angel cheques?
Often tens of thousands EUR. Syndicates pool more.
Is the angel scene growing?
Yes, deals and exits rose. Angels back most rounds.
When should I set up an Ellty data room?
Before your first backer call. Track who opens your numbers.

Author

Internal team behind the product.

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