Change Ventures

General contacts

Investor type

Founded

2016

AUM

$26 M

Location

Tallinn, Harju County, Estonia

Investment Ticket

$100+ m

Investment Stage

Seed Pre-seed Series B

Region of investment

Europe Africa

Investor profile last updated: 27 August, 2026

Profile

Change Ventures is a venture capital firm based in the Baltic region, specifically focusing on Estonia, Latvia, and Lithuania. The firm was founded by a group of experienced investors and entrepreneurs with a deep understanding of the local market. The team consists of venture partners who provide hands-on support to startups and leverage a strong network of later-stage investors and industry experts to help their portfolio companies succeed globally.

Change Ventures primarily invests in seed and pre-seed stages, targeting ambitious Baltic founders or the Baltic diaspora globally. Key areas of investment include AI, SaaS, and E-commerce/Marketplace, with initial check sizes typically ranging from €100k-500k. The firm places a strong emphasis on backing founders who demonstrate significant potential to build scalable, global businesses.

Notable investments by Change Ventures include Saltz, a European fresh products marketplace, and Handhold, a company building AI agents for tailored product demos. These investments reflect the firm's commitment to supporting innovative startups that can achieve widespread impact and growth.

Industry

Education Edtech E-commerce/Marketplace Financial Services Fintech Food and Beverage Foodtech Gaming Marketing and Advertising Media and Entertainment SaaS Software AI Technology

Contacts

Name

Title

Social Networks

Aveli Nurk Operating Partner

Operating Partner

a•••@•••

Andris K. Berzins Managing Partner

Managing Partner

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Investment-team contacts for Change Ventures — including verified work emails and LinkedIn profiles — are available to Private Equity List subscribers.
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Contacts sourced from the firm's website and LinkedIn, re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

FAQs about Change Ventures

Is Change Ventures a venture capital or private equity firm?

Change Ventures is a venture capital firm. It backs companies at Seed, Pre-seed and Series B, writing tickets of $100+ m.

Where is Change Ventures located?

Change Ventures is located in Tallinn, Harju County, Estonia.

When was Change Ventures founded?

Change Ventures was founded in 2016.

What sectors and industries does Change Ventures invest in?

Change Ventures invests in companies and startups in Education, Edtech, E-commerce/Marketplace, Financial Services, Fintech, Food and Beverage, Foodtech, Gaming, Marketing and Advertising, Media and Entertainment, SaaS, Software, AI, Technology.

What is Change Ventures geographical focus of investments?

Change Ventures invests in companies and startups in Europe, Africa.

At what stages of companies and startups does Change Ventures typically invest in?

Change Ventures invests in companies and startups at Seed, Pre-seed, Series B.

What is the usual amount of Change Ventures investment?

Change Ventures usually invests $100+ m on average.

What is the amount of assets of under management (AUM) for Change Ventures?

Change Ventures has around $26m assets under management.

What are the contacts of Change Ventures?

Change Ventures can be reached through its website changeventures.com, its LinkedIn page and its X account. Its general enquiries address is [email protected]. Cold-mailing a general inbox rarely reaches a partner, so Private Equity List also lists the investment-team contacts for Change Ventures — names, roles, verified work emails and LinkedIn profiles — available on a Pro plan from $129/month (see pricing). Contacts are sourced from the firm's website and LinkedIn and re-verified on a rolling cycle. Spot a stale contact, or none at all? Report it — we re-run that firm within 48h and get back to you.

Can I access Change Ventures data via API or MCP?

Yes. Every field on this page — profile, funds, investment criteria, portfolio and investment-team contacts — is available programmatically through the Private Equity List REST API and MCP server, so AI assistants such as Claude and ChatGPT can query Change Ventures directly instead of scraping this page. One subscription covers both the web app and machine access — see API & MCP.

When was the Change Ventures profile last updated?

Private Equity List re-verifies investor profiles on a rolling cycle, pulling from the firm's own website and LinkedIn rather than a one-off import. This profile was last updated on 27 August, 2026. Something out of date here? Report it — we re-run that firm within 48h and get back to you.