Organization · Accelerator
FIRSTPICK
FIRSTPICK is a venture capital fund and accelerator based in Vilnius, Lithuania, focusing on early-stage tech startups in the Baltic region. They provide initial funding and support for founders at the inception and pre-seed stages.
Overview
What FIRSTPICK does
What FIRSTPICK is
FIRSTPICK is a venture capital fund and accelerator based in Vilnius, Lithuania, focusing on early-stage tech startups in the Baltic region. They provide initial funding and support for founders at the inception and pre-seed stages.
How it participates in the startup ecosystem
The current public profile supports funder and program host capabilities. Each capability below is shown separately so organization identity and role-specific information do not get conflated.
Operational profile
Organization status and context
Organization status describes the entity itself. Funding and program availability appear within the relevant capability profile.
- Operational status
- Active
- Organization type
- Accelerator
- Founded
- Founded in 2022
- Approximate age
- About 4 years
- Structured capabilities
- Funder · Program host
- Last reviewed
- March 5, 2026
What Accelerator means
An accelerator is a structured, short-term program designed to speed up a startup's progress toward product-market fit, traction, fundraising, or scale.
Open the glossary entryOfficial channels
Find FIRSTPICK elsewhere
Open the official website or a supported primary organization account.
Capability profile
FIRSTPICK as a funder
Investment thesis
FIRSTPICK invests primarily in AI-first software companies and other technology sectors. The fund aims to support early-stage startups in the Baltic region.
Focus narrative
FIRSTPICK primarily invests in AI-first software companies, along with other technology sectors. The fund typically provides initial investments ranging from €100,000 to €500,000, with the capacity for follow-on investments up to €1 million. The geographical focus is on startups from the Baltic states: Lithuania, Latvia, and Estonia.
Terms and economics
- Typical check
- $100,000–$500,000
- Sweet spot
- $300,000
Focus and fit
- Stages
- Pre-seed · Seed
- Regions
- EuropeLatin America
Availability
- Currently deploying
- Yes
Portfolio and track record
- Recorded portfolio count
- 43
Portfolio context
Since its inception, FIRSTPICK has invested in 43 companies across various sectors, including Copla, a cybersecurity as a service solution; Samphire Neuroscience, developing a drug-free solution for PMS; Handwave, providing biometric payment solutions; Holo, an AI-powered content engine; Algori, an AI-enabled consumer analytics platform; Finfra, a fintech infrastructure for embedded lending; and Amlyze, a compliance solution for combating financial crime.
Capability profile
FIRSTPICK as a program host
Program thesis
FIRSTPICK aims to empower Baltic founders by providing them with the necessary funding and support to launch and scale their startups, particularly in the AI and technology sectors.
Focus narrative
The primary focus of FIRSTPICK is on AI-first software companies, although it also invests in a variety of technology sectors. The accelerator seeks to identify and support startups that leverage cutting-edge technology to solve real-world problems.
Value and support
Founders participating in the FIRSTPICK accelerator gain access to initial funding, mentorship from experienced partners, and a network of industry connections. The program is designed to provide the resources necessary for startups to thrive in competitive markets.
Terms and economics
- Indicative investment
- $500,000
Availability
- Application state
- Accepting
Focus and fit
- Stages
- Pre-seed · Seed
- Regions
- EuropeLatin America
Alumni and track record
Alumni context
Notable alumni include Copla, a cybersecurity solution provider; Samphire Neuroscience, which develops drug-free solutions for menstrual pain; and Handwave, a fintech company specializing in biometric payment solutions.
Common questions
What to know about FIRSTPICK
Upseed classifies FIRSTPICK under the Accelerator organization type. Its current public profile includes funder and program host capabilities.
Source and update disclosure
Know what this page is based on
Source basis
Public organization and program material, official websites, and structured Upseed records.
Last reviewed
March 5, 2026
Known limits
Capability profiles appear only when a structured public profile also contains decision-useful role evidence. Terms and availability can change.
Upseed is an independent guide. It is not affiliated with or endorsed by the organization described on this page.