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Eleven is an accelerator and venture capital fund for early-stage investments. It provides mentorship, support through its partners, and the critical first round of investment. With EUR 12 million of funding provided by the European Investment Fund (EIF) through the JEREMIE Program Eleven is one of the biggest early stage investors in CEE. We are building a vibrant new community – a fast-growing ecosystem of entrepreneurs who come together to change the world. Our 150+ mentors and partners bring practical, global experience, counsel and connections to the 50+ companies we accelerate each year.

 

Startups find their first home at the Roof, Eleven’s headquarters in Sofia, along with a wide range of support tools and infrastructure provided by our growing list of partners including Telerik, Microsoft, Amazon, IBM and Google. Eleven is a member of GAN and it is quickly building strong connections to startup hubs across Europe and North America.

What does Eleven do?

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Eleven’s office in Sofia

Eleven develops startup teams and ideas into winning businesses – making startup escape velocity (the inspiration behind our name) possible, i.e. the speed needed to break free of local restraints and become truly global. Eleven welcomes close to 50 startups into our accelerator program annually, providing hands-on support and mentorship, collaborative office space, and critical seed funding. We fund potent ideas by providing up to EUR 200k in incremental rounds starting initially with EUR 25-50k.