Venture capital firm
Underline Ventures portfolio
underline.vcUnderline Ventures is a venture capital firm based in Amsterdam, Netherlands. It has invested in 9 venture-backed companies across 10 funding rounds on VCMC, and led 2 of those rounds. 2 of them were in the last 12 months.
9
Venture-backed companies
in its portfolio on VCMC
10
Funding rounds
led 2
2
Last 12 months
rounds, Oct 2025 to Sep 2026
$447M
Combined value of its private companies
the whole companies, not what Underline Ventures owns
9 private companies Underline Ventures has backed have a VCMC valuation; together they are worth $447M. That is the value of the whole companies, not what Underline Ventures owns. Bible Chat is 31% of the total. How VCMC values companies.
Values cover private companies only; public companies are not included.
Portfolio
Full Underline Ventures portfolio (9 companies)
9 companies.
| # | Last round | History | Range | Trend | Grade | ||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 | Bible Chat Tech Companies · since Series A, 2025 | Series A Feb 2025 $14M | $140M | $54.6M – $266M | $107M (-24%) | $34.3M | 64% | 38 | flat | C | |
| 2 | Videowise Tech Companies · since Seed, 2023 | Seed Mar 2023 $3.0M | $23.6M | $2.95M – $55.7M | $21.6M (-8%) | $7.60M | 39% | 37 | flat | D | |
| 3 | SaleSqueze Tech Companies · led at Seed, 2024 | Seed Jun 2024 $1.5M | $11.6M | $3.12M – $25.5M | $10.2M (-12%) | $3.88M | 55% | 21 | flat | D | |
| 4 | Veridion Data Solutions · since Seed, 2023 | Series A Sep 2026 $20M | $108M | $67.0M – $279M | $183M (+69%) | $28.0M | 0% | 58 | flat | C | |
| 5 | Designverse Software Development Services · since Seed, 2026 | Seed May 2026 $5.5M | $45.9M | $22.1M – $102M | $67.3M (+47%) | $13.2M | 0% | 99 | growing | C | |
| 6 | Uvionix Industrial Machinery & Supplies · since Seed, 2025 | Seed Feb 2025 $3.5M | $51.0M | $13.1M – $77.7M | $51.0M (0%) | $9.18M | 0% | 24 | up | C | |
| 7 | Turneo Tech Companies · since Seed, 2024 | Seed Sep 2024 $2.2M | $21.5M | $5.40M – $39.1M | $16.8M (-22%) | $6.23M | 34% | 14 | down | C | |
| 8 | Genezio Tech Companies · since Pre-seed, 2024 | Pre-Seed Apr 2024 $2.0M | $18.6M | $3.98M – $37.4M | $15.1M (-19%) | $5.54M | 37% | 21 | flat | D | |
| 9 | Nestor Tech Companies · led at Seed, 2022 | Seed Dec 2022 $2.0M | $27.2M | $2.07M – $41.5M | $25.9M (-5%) | $5.13M | 0% | 65 | up | D |
Valuation: VCMC's valuation with its range, from a low to a high scenario; a company with no valuation shows a dash, one acquired after its last round its last value as a private company.
Activity
How Underline Ventures invests: stages, industries and countries
Most of its rounds are seed (70%). Its companies span 4 industries, most in Tech Companies, Data Solutions and Industrial Machinery & Supplies, across 3 countries.
Rounds by stage
- Pre-seed 1
- Seed 7
- Series A 2
Investments by industry
- Tech Companies 6
- Data Solutions 1
- Industrial Machinery & Supplies 1
- Software Development Services 1
Investments by country
- United States 5
- Romania 3
- United Kingdom 1
Recent rounds
Underline Ventures' latest investments
Underline Ventures' most recent funding rounds, newest first. 2 rounds in the last 12 months.
- Veridion Series A $20M 16 Sep 2026
- Designverse Seed $5.5M 13 May 2026
- Bible Chat Series A $14M 19 Feb 2025
- Uvionix Seed $3.5M 10 Feb 2025
- Turneo Seed $2.2M 18 Sep 2024
- SaleSqueze Seed, led $1.5M 12 Jun 2024
- Genezio Pre-seed $2.0M 5 Apr 2024
- Videowise Seed $3.0M 27 Mar 2023
- Veridion Seed $6.0M 21 Feb 2023
- Nestor Seed, led $2.0M 7 Dec 2022
Co-investors
Underline Ventures' top co-investors
The investors that most often join the same rounds as Underline Ventures. GapMinder leads, with 4 rounds together.
- GapMinder 4 rounds together
- LAUNCHub 3 rounds together
- 2 rounds together
- OTB Ventures 2 rounds together
- Day One Capital 2 rounds together
About
About Underline Ventures
Underline Ventures B.V. is a Dutch private company with limited liability engaged in venture capital investments, with a focus on early-stage startups in Eastern Europe. The company invests in sectors such as big data, AI, cybersecurity, e-commerce infrastructure, industrial technology, defense technology, space technology, and climate-related startups. In addition to its investment activities, Underline Ventures provides a platform for its portfolio companies, offering support in areas such as recruitment, marketing, sales, communications, finances, and fundraising. The company serves founders and startups across Romania, Croatia, Serbia, and the broader Eastern European diaspora.
Description from Veridion's company data.
- Based in
- Amsterdam, Netherlands
- Team
- 17 people, +21% in a year
- Type
- Venture capital firm
Focus markets
- Technology
- Defense
- Space
- Climate
What Underline Ventures offers
- Early-Stage Venture Capital Investment
- Technology Sector Startup Investment
- Eastern European Founder Support Services
- Startup Operational Scaling Support
- Strategic Business Advisory Services
- Startup Fundraising and Capital Access
- Portfolio Company Network Access Services
- Recruitment Support Services for Startups
Questions
Underline Ventures: frequently asked questions
How many companies has Underline Ventures invested in?
9 venture-backed companies on VCMC, across 10 funding rounds.
What are Underline Ventures' most valuable private companies?
Bible Chat ($140M), Veridion ($108M), Uvionix ($51.0M), by VCMC's valuation.
What was Underline Ventures' latest investment?
Veridion, a Series A round in Sep 2026 of $20M.
Which stages does Underline Ventures invest in?
Underline Ventures invests most often at seed (7 rounds), followed by Series A (2) and pre-seed (1).
What is Underline Ventures' portfolio worth?
Its private companies with a VCMC valuation are worth $447M together. That is the sum of the companies' values, not what Underline Ventures owns.
Who does Underline Ventures invest alongside?
GapMinder (4 rounds), LAUNCHub (3 rounds), Robin Capital (2 rounds).