Lemonade Stand

Lemonade Stand Lemonade Stand, founded in 2019 by Siim Teller in Tallinn, is a €5M seed investor deploying €50K-€300K checks into B2B companies founded by Baltic and Eastern European founders. Despite its modest size, the portfolio of 48 companies includes one unicorn: Veriff (identity verification), which has grown into one of the most valuable Baltic startups. The fund invests from pre-revenue, pre-product through larger seed rounds. The sector coverage is surprisingly broad for a micro-fund: