Credo Ventures

Ondrej Bartos and Jan Habermann are the founding partners, and the firm describes itself as built by entrepreneurs and outsiders rather than finance or investment-banking professionals. Maciej Gnutek, Jakub Krikava and Max Kolowrat serve as general partners on the early-stage side, with Matej Micek as tech partner and Guillaume Fournier as board partner. Ales Duchac is chief financial officer, supported by finance manager Alena Kandakova and finance analyst Jan Budinsky.

Credo runs a separate later-stage effort, Credo Crossover, staffed by general partners Michal Cernocky and Lukas Hurych plus investment analyst Tomas Burian. Fourteen people appear on the firm's team page across the Prague and Krakow offices. The partnership positions itself around hands-on relationships with technical management teams and states that it invests without requiring a deck or a warm introduction.

Credo Ventures has raised five funds and reports 17 years in the market, having led its first rounds in 2009. The firm does not publish individual fund sizes. Its vehicles are structured as the Credo Stage series and domiciled in Jersey: Credo Stage IV L.P., registered in St. Helier, filed a Form D in September 2022 with a first sale on 15 September 2022 and an indefinite offering amount, the standard disclosure for a Jersey limited partnership raising from US investors.

Credo writes $1 million to $5 million first checks, leading pre-seed rounds and following on from there, and reports backing more than 100 companies. It claims the first check into both of Central and Eastern Europe's decacorns: it led the pre-seed in ElevenLabs, whose most recent round valued the company at $11 billion, and co-led the pre-seed in UiPath, which reached a $35 billion IPO. It also invested at pre-seed in Wabi, the second company from Replika's management team. The firm operates from Prague and Krakow.