Meet the First Batch of FIRSTPICK Accelerator Startups
FIRSTPICK, a Lithuanian early-stage VC fund and startup accelerator, has officially launched its first accelerator batch, marking a milestone for the Baltic startup ecosystem.
Based in Vilnius, Lithuania, FIRSTPICK focuses on high-speed investments in fintech, SaaS, deeptech, and consumer marketplaces across the Baltic region.
Out of 218 applications from startups across Lithuania, Latvia, Estonia, and beyond, six promising early-stage teams were selected to join the 16-week acceleration program running from November 12, 2022, to March 2, 2023. Founders could participate both locally in Vilnius or remotely online, enabling a global reach for this Baltic-based initiative.
Meet the Selected Startups 👋
1️⃣ Ama Care (Consumer marketplaces) – A mobile app that helps users make smarter, data-driven skincare choices, combining technology and self-care.
2️⃣ Amlyze (Fintech) – A compliance and risk management platform helping fintechs and banks fight financial and white-collar crime.
3️⃣ Beesure (Fintech) – An IT solution for decentralised insurance distribution, empowering brokers to offer smarter, transparent insurance products.
4️⃣ Softloans.io (Fintech) – An embedded lending-as-a-service platform that helps e-commerce and SaaS businesses integrate lending directly into their customer journeys
5️⃣ Three Cubes (Gametech) – A learning platform using Minecraft: Education Edition to make both formal and informal education engaging and interactive.
6️⃣ Stackflows (SaaS) – A no-code process management tool designed for real-time business operations and team collaboration.
About the FIRSTPICK Accelerator in Lithuania
The FIRSTPICK Accelerator supports founders through more than just funding. Each team receives €50K–€250K in investment, plus access to expert guidance and partnerships designed to help them grow faster.
Over 16 weeks, founders:
- Work closely with experienced Baltic and European mentors
- Connect with over 50 potential partners, clients, and investors
- Validate and improve their products through structured feedback
- Make key hires to strengthen their teams
- Prepare for follow-on funding of up to €1M
The program combines capital, mentorship, and connections to accelerate growth for startups building the next generation of fintech, SaaS, and deeptech solutions in the Baltic region.
Meet the Mentors Supporting Baltic Founders
FIRSTPICK’s mentor network brings together experienced operators, investors, and industry experts from across Europe and the Baltics, including Lithuania’s top startup and VC leaders.
- Alex Galkin, Founder at Competera
- Andrius Olechnovičius, Founder at Value Makers
- Audrius Janulis, ex-Industry Manager at Google Lithuania
- Benas Šidlauskas, CBDO & Co-founder at Turing College
- Cedric Charpenet, Founder at CharpStrat
- Donatas Keras, Founding Partner at Practica Capital
- Indrė Kaikarė, Founder at JobRely
- JB Danguene, Co-founder at Evergrowth
- Jevgenij Polonis, Co-founder and CEO at GoRamp
- Karol Szubstarski, Partner at OTB Ventures
- Regimantas Urbanas, CMO at Surfshark
- Renat Lokomet, Strategic Partner at Venture Faculty
These mentors represent a cross-section of the Baltic tech and venture ecosystem, guiding startups on go-to-market strategies, scaling operations, and investor readiness.
Apply Anytime – Join the Leading Baltic Accelerator
FIRSTPICK invests year-round in early-stage startups from Lithuania, Latvia, and Estonia. Whether you’re building in SaaS, fintech, deeptech, or marketplaces, you can apply at any time.
Submit your pitch via our website application form. We reply to every founder within 48 hours.
You can also contact us directly at hello@firstpick.vc or meet us at leading Baltic startup events like TechChill (Riga), Latitude59 (Tallinn), and Startup Fair (Vilnius).
Follow FIRSTPICK on LinkedIn to stay updated on investment calls, ecosystem events, and portfolio news.