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Coreteq Ventures is a venture capital firm founded in 2021 and headquartered in Prague 5, Czech Republic. The firm was established by software entrepreneurs Gabor Puhalla and Rastislav Kanócz, who previously co-founded profiq, an engineering services company that served clients like Avast and ForgeRock before its acquisition. Coreteq Ventures focuses on early-stage investments, particularly in deep tech software startups, with a notable emphasis on companies based in the United States.
As of now, Coreteq Ventures manages a small team of 6 to 10 employees and operates without a publicly disclosed fund size or formal assets under management (AUM). The firm has made a commitment to support innovative companies that develop software technologies with significant impacts on higher-level components. Their investment strategy is designed to fuel human-led innovation through deep tech software funding.
Coreteq Ventures specializes in early-stage investments, targeting pre-seed, seed, seed+, and Series A rounds. The firm focuses on deep tech software startups, particularly in sectors such as AI components, developer tools, server-side applications, software frameworks, and crypto technologies. Their investment thesis emphasizes the importance of platforms and frameworks that can drive significant advancements in technology.
Coreteq Ventures typically invests between $5,000 and $200,000, with a sweet spot around $50,000. The firm seeks to partner with founders who are building transformative technologies and aims to provide not just capital but also technical expertise through a team of experienced software engineers. This hands-on approach is designed to accelerate the growth and scaling of their portfolio companies.
Coreteq Ventures has invested in three notable companies:
These investments reflect Coreteq Ventures' strategy of backing innovative companies that are developing impactful software technologies.
Gabor Puhalla – Co-founder; Gabor is a software entrepreneur and co-founder of profiq, an engineering services company that was later acquired. His expertise lies in software development and startup growth.
Rastislav Kanócz – General Partner & Co-Founder; Rastislav also co-founded profiq and focuses on early-stage investments in software startups. His background includes extensive experience in engineering and technology.
Beatriz Lopez – Principal; Beatriz is based in Prague and plays a key role in sourcing and evaluating investment opportunities for Coreteq Ventures.
Nemanja Lukic – Team member; specific details about Nemanja's role and background are not provided, but he contributes to the firm's operations.
Coreteq Ventures prefers to receive pitch decks via email at deck@coreteq.ventures or through their website. Founders should include essential information such as the business model, market opportunity, team background, and any traction achieved to date. A well-structured deck that clearly outlines the startup's vision and potential is crucial.
Response times may vary, but founders should expect to hear back within a few weeks. Warm introductions are beneficial but not strictly necessary for submission.
Coreteq Ventures has made recent investments in its portfolio companies, including a follow-on investment in Serenity Connect. The firm continues to support its existing portfolio, focusing on product development and scaling efforts.
As of now, there have been no public announcements regarding new fund raises or significant exits. The firm remains active in the early-stage investment space, particularly within the deep tech software sector.
What are Coreteq Ventures' investment criteria?
Coreteq Ventures invests in early-stage deep tech software startups, focusing on sectors such as AI components, developer tools, server-side applications, and software frameworks. They typically engage with companies at the pre-seed and seed stages.
How can I pitch to Coreteq Ventures?
Founders can submit their pitch decks via email at deck@coreteq.ventures or through their website at coreteq.ventures. It is advisable to include a clear overview of the business model, market opportunity, and team background in the pitch.
What makes Coreteq Ventures different from other investors?
Coreteq Ventures positions itself as a hands-on technical partner, providing not only capital but also access to a team of experienced software engineers. This model aims to accelerate continuous delivery and support startups in scaling effectively.
What is the typical check size for investments?
Coreteq Ventures typically invests between $5,000 and $200,000, with a sweet spot around $50,000. This range allows them to support startups at various stages of their development.
What geographic areas does Coreteq Ventures focus on?
While based in Prague, Coreteq Ventures primarily targets startups located in the United States, reflecting their commitment to investing in innovative deep tech software companies.
What kind of post-investment support does Coreteq Ventures provide?
Coreteq Ventures offers operational support through their engineering team, helping portfolio companies with product development and scaling efforts. This support is integral to their value-add model.
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