www.siena2ndary.com

Company Details

Fund type

VC

Team size

5

HQ location

Tallinn, Estonia

Other offices

N/A

VC advisor team

2

VC classification​

Local

INVESTMENT SCOPE

Investment stages

Series A and onwards

Average ticket size

EUR 500.000 - 3 million

Startup geography

Baltics and Nordics

EU impact classification

Article 6 - No specific ESG focus

Verticals and technologies

Generic

Siena Secondary Fund

Investing into “New Nordic`s” successful high growth startups via secondary transactions

  • Series A
  • Estonia

Portfolio

Portfolio size

6

Annual investments

4

Highlighted portfolio companies

Bolt, Starship, Kry, Veriff

Exits

N/A

Active Funds

Fund

I
  • Launch year:
2021
  • Size (AUM):
EUR 18 million
  • Investor involvement:
We have 70+ LPs across the region, half of them from the startup ecosystem (founders, early employees, angels of well known unicorns like Vinted, Bolt, Twilio, Wise, Pipedrive, Unity etc)
  • Fund management location:
Tallinn, Estonia

Asia Connection & Vision

Our fund focuses on later stage startups out of which many are looking to expand to Asian markets. Therefore they are more suitable for Asian institutional investors who can besides capital also provide network and local market intelligence.

INVESTOR COLLABORATION

  • Lead investments:

Yes

  • Syndicate investments:

No

  • Follow investments:

Yes, in terms of follow on secondary transactions

  • Co-investors:

Yes, we are providing actively co-investments for our LPs

UPCOMING FUND

Fund size

EUR 25 million

Fund thesis

Secondary transactions in high growth startups

Closing date

Q4 2022

GET IN TOUCH WITH

Siena Secondary Fund