Ready Player Me uses photos to create realistic full-body 3D avatars, adjustable to the art style of the virtual world. These avatars can be used in virtual meetings, VR training, gaming, or metaverse.
We are a Prague-based investment company empowering talented CEE startup founders. As our name suggests, speed is key to our mission. We act quickly to help you progress quickly – supporting you in fast learning, fast business development, and, ultimately, fast growth.
Most often, we enter the partnership in the pre-seed or seed stage (round size up to €3 mio) and continue investing in the follow-up rounds.
We invest in entrepreneurs from the entire CEE region, including the Baltics, Balkans, and Ukraine. Most recently, Georgia has joined the list.
At Presto, we focus on B2B tech startups that are built on solid technology and have the potential to scale up and succeed in a big market.
Presto is built by founders for founders. Our network is always ready to lend a hand in areas where it matters most – sales, marketing, and hiring.
We’re backed by successful entrepreneurs, exited tech founders, and family offices. They pack a punch when it comes to networks and opportunities.
We have the know-how and contacts to help founders structure their operations and get ready for follow-up rounds in Western Europe and the US.
We believe entrepreneurs are the ultimate agents of transformational change. The bigger the challenge they solve, the greater the value they unlock. And with great power comes great responsibility – our mission is to empower talent for faster progress.
Solid, authentic connections lie at the core of Presto’s DNA. And that comes hand in hand with responsibility. For us, it’s a steadfast commitment towards our founders, investors, as well as each other. It’s what drives us to bring our best every single day – and we expect nothing less from those around us.
Founder and Managing Partner
Partner
Partner
Partner
Operating Partner
Sales Partner
Legal Counsel
Deep Tech Partner
Venture Partner
From time to time, our founders and portfolio companies make waves in the news – here’s a sneak peek. For more updates, check out our LinkedIn page or follow @PrestoVC on Twitter.
Talking to people smarter than us is the best part of our job. It’s why we partner with the most ambitious, extraordinary founders – and, in return, we love helping them change the game.
Founders at Cloudtalk, Slovakia
Cloudtalk is on its way to becoming Slovakia’s very first unicorn. Now, almost everybody wants to have a part in our success – but Presto was there for us long before, supporting us through thick and thin, actively helping along the way. It’s very hard to find a partner with a genuine interest in both your work and wellbeing. Presto is one of them.
CEO & Co-founder at Ready Player Me, Estonia
In 2020, only a handful of people talked about the metaverse – and even fewer of them understood cross-game avatars platforms like our ‘Ready Player Me’. Kudos to Presto for believing in our vision and participating in the seed investment to help us launch it. They saw the underlying trend early and believed in Web3 and NFTs before it was cool.
CEO & Founder at Oddin.gg, Czech Republic
With Presto, you aren’t talking to bankers but fellow tech founders. We didn’t expect to find a VC with hands-on experience with image processing, machine learning, or advanced mathematics. Presto quickly understood our product and learned the very specific market we target. They know what it takes to build a successful company and take it global.
CEO & Co-founder at Omofox, Georgia
I enjoyed having Presto as the lead investor. They truly understand you as a startup operator and help you prepare for the next steps. They were transparent throughout the diligence process and very respectful of the founders' timeline. More than 'value add', their support, patience, and understanding are remarkable for early-stage startups.
CEO & Co-founder at Secfense, Poland
When raising our last round, it was critical for us to craft the perfect combination of investors. We were looking for smart money – not only financial investment but also a chance to gain some real market experience and technical feedback. When we crossed paths with Presto Ventures, it struck us how much they know about the enterprise market.
CEO & Co-founder at Sharry, Czech Republic
We were looking for a fifth crew member – someone who would understand the specifics of our business. The team at Presto Ventures showed us empathy, as well as fast onboarding. Besides, a similar sense of humour has always played an important role in our partnership.
Here are a few of the questions we get the most. Don’t see what’s on your mind? Feel free to reach out using the form below.
We believe that highly skilled people in the right market are able to build great products – valuable, scalable, and with excellent growth potential.
For this reason, when evaluating the three key pillars – Market, Product, and Team – Team becomes our primary focus. When it comes to founders, we look for fast learners with international experience, courageous outlook, and the grit necessary to thrive in both the sprint & marathon dynamics of the startup world.
Naturally, the Market factor is also of great importance to us. To be aligned on the path to success, we invest in teams who share our vision of the given market’s future.
At Presto, our lean, streamlined processes allow us to act fast. Assuming the counterparty’s legal team possesses startup knowledge, we’re able to complete the investment process in one month, money transfer included.
Like other top-notch VC funds, we tend to follow a standardized process, which can be summarized as follows: first, a meeting is held with one of our partners; next, we sign a term-sheet followed by a thorough due diligence process; finally, we draw up the documentation needed to close the deal, and the money is transferred.
We believe the key to success is hiring the right people for the job. That’s why Presto works with top professionals with a proven track-record in the recruitment business – using their broad networks, they assist our startups with finding and attracting new talent.
We know our numbers. The Presto team helps our portfolio companies understand what and why to track, without getting caught up in endless reporting. Our SALESDOCk partners assist startups with sales craft methodology and best practices to build solid sales teams, increase their business velocity, and close those game-changing deals.
Last but not least, we continue to broaden our network of VC funds across Europe and the US – this way, we help our founders find the most suitable partners for follow-up financing rounds.
Presto supports the startup ecosystem through a variety of channels – especially education and mentoring, as well as conferences and events.
We believe entrepreneurial mindset should be encouraged and developed early on. We invest a great deal of time into holding startup lectures at various universities and are a proud co-organizer of the Singularity University Czech Summit.
We also support accelerators and incubators, where we often provide mentoring – such as for the Alchemist Accelerator in San Francisco.
Our team attends a lot of conferences, summits, and startup events – check out our LinkedIn page to find out where we’re headed next. We love meeting sharp, driven people, so don’t be shy to say hi.
If you’d like to speak to one of our analysts, feel free to contact us using the form below, and we can schedule a call.
It's simple. Send us an email to hello@prestoventures.com and tell us a bit about yourself. There are opportunities both in our core team and in our startups – from business analyst entry roles to CxO positions in one of our portfolio companies.
Are you a startup? Great, tell us more about your project. Do you want to chat about collaboration or media activities? Drop us a line below or send us an email. Cheers, can’t wait to hear from you.
Artificial intelligence tool that analyzes and ranks NFT collections based on their community engagement and more.
OdkazArtificial intelligence tool that analyzes and ranks NFT collections based on their community engagement and more.
Odkaz