Profile
FIRSTPICK is a venture capital firm based in Vilnius, Lithuania, founded in 2022. The firm is led by a team of experienced professionals, including Managing Partner Jone Vaituleviciute, who previously held roles at Startup Wise Guys. FIRSTPICK is known for its focus on early-stage investments, particularly in AI-first software, and supports Baltic founders at inception and pre-seed stages.
The firm typically invests between €100K and €500K as an initial check, with the capacity for follow-on investments up to €1M. FIRSTPICK primarily invests in sectors such as technology, B2B, B2C, fintech, and deeptech, focusing on companies within the Baltic region. The firm manages funds including Firstpick Fund I with an AUM of $20 million, launched in 2022.
Notable investments by FIRSTPICK include Holo - AI software, Handwave - fintech solutions, Algori - SaaS platform, Copla - compliance management, and Samphire Neuroscience - neurotech wearable. These investments highlight the firm's commitment to supporting innovative startups in the Baltic region.
Industry
FIRSTPICK Funds
| Name | Type |
|
|
|
Size | AUM | Launch date |
|---|---|---|---|---|---|---|---|
|
Firstpick Fund I
|
Venture Capital (VC)
|
Education
Financial Services
Fintech
Food and Beverage
Foodtech
Marketing and Advertising
SaaS
Security
Software
Transportation
|
Pre-seed
Seed
|
North America
|
$5-10 m
|
$20 M
|
November 2022
|
|
FIRSTPICK Baltic Pre-Seed Fund
|
Venture Capital (VC)
|
Software
AI
|
Pre-seed
|
Europe
|
$0-1 m
|
$27.5 M
|
March 2026
|
|
FIRSTPICK Fund II
|
Venture Capital (VC)
|
Software
AI
|
Pre-seed
Seed
|
Europe
|
$0-1 m
|
$27.5 M
|
April 2026
|
Contacts
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