Speedinvest Makes Four Investments In Four Months

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Vienna and San Francisco based Super angel fund Speedinvest, launched just over 6 months ago, has announced it’s made four investments to date. According to Founder and CEO Oliver Holle, the fund has invested more than €1 million in those four startups and doubled that sum through co-investors.

The investments made are rather diverse, ranging from VoiP to an already well-known social sharing app. Sipwise, a VoiP vendor based on an open source framework catering to small regional ISPs and cable providers received funding together with local VC fund tecnet. The company is eventually entering the US market as well. Furthermore, the fund invested a “6-digit” amount into Finderly, a social commerce site, that focuses on consumer electronics and Soup.me, which launched at Social Media Week last week and which aims to become the digital hub for one’s online presence, much like about.me or flavors.me.

Gaminside, another one of the investments made, is a white labeled loyalty program and gamification tool for online entertainment sites, where SpeedInvest led the angel round.

In total the SpeedInvest fund has collected $10 million and is looking to expand further – both geographically and financially. Its offices are located in San Francisco and Vienna.