Estonian Sera AI raises €1.4M in seed round

Estonian Sera AI has raised €1.4M in a seed round to enter the international market. The round was led by Maki VC. Other participants in the financing included Specialist VC, co-founder of Ready Player Me Kaspar Tiri, and co-founder and CEO of Bolt Markus Villig. 

Founded in Tallinn in 2024 by Sergio Rannula and Karl Maaroos, Sera has developed an AI lead generation tool that automates the manual work of sales research. Sera's client needs to briefly describe the company he is looking for (industry, geography, type of product, competitors, how much funding they have raised). Using custom AI prompts, he can refine his search and ask to include CEOs, their LinkedIn profiles, emails, and so on in the list.

Maki.vc is a venture capital firm founded in 2018 and based in Helsinki, Finland. The company focuses on investing in early-stage startups, from seed to Series A and beyond. Maki.vc operates in various sectors, including deep tech, consumer products and services, medical technology, artificial intelligence, and machine learning.

Founded in Tallinn in 2017, Specialist VC is a venture capital firm that supports companies in the Baltic region, Finland, and Ukraine. In early 2022, Specialist VC launched a new €50M fund, supported by the Estonian LHV pension fund and the European Investment Fund through the European Guarantee Fund and the Baltic Innovation Fund 2. The partners of Specialist VC are Kaspar Hanni, Riivo Anton, Tõnu Esko, and Gerri Kodres.