Organization · Venture Capital

HR Capital

HR Capital is a publicly listed investment holding company based in Sofia, Bulgaria, focusing on direct investments in technology-driven companies and indirect investments through venture funds. It aims to provide public market investors access to private tech opportunities in Southeast Europe.

Venture CapitalFunderAllocator

Overview

What HR Capital does

What HR Capital is

HR Capital is a publicly listed investment holding company based in Sofia, Bulgaria, focusing on direct investments in technology-driven companies and indirect investments through venture funds. It aims to provide public market investors access to private tech opportunities in Southeast Europe.

How it participates in the startup ecosystem

The current public profile supports funder and allocator 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
Venture Capital
Founded
Founded in 2021
Approximate age
About 5 years
Structured capabilities
Funder · Allocator
Last reviewed
April 22, 2026

Official channels

Find HR Capital elsewhere

Open the official website or a supported primary organization account.

Capability profile

HR Capital as a funder

Investment thesis

HR Capital aims to democratize access to private-tech upside for public investors outside the VC bubble, focusing on the digital future of Bulgaria.

Focus narrative

HR Capital invests in companies undergoing structural transformation driven by digitalization, automation, and data. The organization targets businesses with proven products, recurring customer behavior, and clear potential for scaling. It prefers to invest in companies operating in large or expanding markets, particularly those that combine technology with logistics, infrastructure, or service delivery. HR Capital seeks to support portfolio companies through strategic guidance, market access, and operational expertise, rather than acting as a passive financial investor.

Value beyond capital

HR Capital adds value to its portfolio companies through strategic guidance, market access, and operational expertise, positioning itself as a long-term partner rather than a passive investor.

Terms and economics

Typical check
$10,000–$500,000
Sweet spot
$250,000

Availability

Currently deploying
Yes

Portfolio and track record

Portfolio context

HR Capital's notable investments include eBag, a technology-enabled commerce and logistics platform transforming the grocery market, and Healee, a telemedicine service. Other sectors include digital healthcare, biometric security, agriculture media, and software platforms. The organization has also invested in regional venture funds such as Endeavor Catalyst and Eleven Ventures.

Capability profile

HR Capital as an allocator

Allocator mandate

HR Capital aims to provide public market investors access to growing private companies before they reach maturity and broader capital markets. The company acquires significant minority stakes and, in some cases, majority ownership positions, working closely with management teams as a long-term shareholder.

Focus narrative

HR Capital invests in companies undergoing structural transformation driven by digitalization, automation, and data. The organization targets businesses with proven products, recurring customer behavior, and clear potential for scaling, particularly those that combine technology with logistics, infrastructure, or service delivery.

Value and partnership

HR Capital seeks to support portfolio companies through strategic guidance, market access, and operational expertise, rather than acting as a passive financial investor.

Availability and engagement

Direct co-investment
Yes

Mandate and fit

Fund stages
Early Stage · Growth
Asset classes
Venture

Portfolio context

Portfolio context

HR Capital's notable investments include eBag, a technology-enabled commerce and logistics platform, and other sectors such as digital healthcare, biometric security, agriculture media, and software platforms. The organization has also invested in regional venture funds like Endeavor Catalyst and Eleven Ventures.

Common questions

What to know about HR Capital

Upseed classifies HR Capital under the Venture Capital organization type. Its current public profile includes funder and allocator capabilities.

Next step

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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

April 22, 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.