Change Ventures
Baltic pre-seed and seed venture capital firm.
Available information varies by company and source.
Profile record updated:
Company facts
- Official name
- Change Ventures
- Entity type
- COMPANY
- Founded
- 2016
- Headquarters
- Valukoja 8/2, Tallinn 11415, Estonia
- Company size
- <10
- Market role
- Private Equity, VC & Investor
- Official website
- changeventures.com
What Change Ventures does
Change Ventures operates as a venture capital fund manager. It raises capital from institutional and other limited partners into closed-end funds, invests that capital into early-stage startups, supports portfolio development, and seeks long-term returns through exits. The firm captures value through recurring fund management fees and performance-based participation in investment gains.
Category differentiation
This company is a venture capital firm, not a startup operating marketing, advertising, or software products. It should be distinguished from change management consultancies and from consumer finance brands with similar names.
Strategic context
AI-supported assessment from the existing company research; distinguish interpretation from sourced facts.
Change Ventures is an Estonia-based venture capital firm focused on backing early-stage startups in the Baltics. Based on the provided evidence, it manages successive fund vehicles and deploys capital primarily at pre-seed and seed stage, with institutional backing including the Baltic Innovation Fund, the European Bank for Reconstruction and Development, and other fund investors. Its customers are effectively two-sided: founders seeking equity financing and limited partners allocating capital to venture funds. Change Ventures creates value by sourcing early opportunities in a concentrated regional market, investing through managed funds, and seeking returns through portfolio appreciation and exits. Revenue is therefore likely driven by fund management fees and carried interest rather than software or media monetisation.
Business model & monetisation
The core monetisation model is fund management: recurring management fees on committed or managed capital, plus carried interest on profitable exits from portfolio companies. Additional economics may include co-investment structures or related fund participation, but these are not explicitly evidenced in the input.
- Fund management fees
- Recurring fees on committed or managed capital
- Carried interest
- Share of realised investment gains on exits
- Co-investment or related vehicles
- Potential additional fund economics
Products & capabilities
No products with linked sources are available in this view.
Subsidiaries & acquisitions
- Modash
Influencer marketing software for creator discovery, workflow and attribution.
Recent recorded signals
Dates refer to the source publication. Older entries are historical context, not evidence of a new event.
No sufficiently sourced and dated signals are available for this view.
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Questions about Change Ventures
What is Change Ventures?
Change Ventures is an Estonia-based venture capital firm focused on pre-seed and seed-stage startup investing in the Baltics.
Who uses Change Ventures?
Startup founders use it as a source of early-stage equity capital, while institutional and other limited partners use it as a specialised venture fund manager.
How does Change Ventures make money?
It primarily earns management fees on its funds and carried interest when portfolio investments generate profitable exits.
Sources & coverage
This profile uses public, official and technically observable information. Missing information does not prove that a product or relationship does not exist. The list below does not imply that every profile statement has been verified.
15 publicly documented primary sources and citations linked across the market graph.
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