$95M Seed Round — Elinuse AI Capital closed its Seed Round in September 2022. Learn More

Investing in the Future of European Finance

Elinuse AI Capital is a $95M seed-stage fund backing bold founders building the next generation of fintech and insurtech across Europe.

View Portfolio Our Story
$95M Assets Under Management
5+ Portfolio Companies
2022 Founded
100% Seed Stage
EU Focus Region
Investment Thesis

Why European Fintech & Insurtech

Europe's financial services sector is undergoing a fundamental transformation. We back the founders rewriting the rules.

Regulatory Tailwinds

Open Banking mandates and evolving EU regulation are creating extraordinary opportunities for nimble, technology-first financial services challengers.

Deep Talent Pool

European cities from London to Berlin to Stockholm produce world-class engineers and financial services professionals driving breakthrough innovation.

Underserved Market

Legacy incumbents in insurance and banking remain deeply inefficient. AI-native startups are positioned to capture significant market share rapidly.

B2B Expertise

We specialize in enterprise fintech and insurtech solutions — platforms that transform how banks, insurers, and financial institutions operate at scale.

AI-First Ventures

We actively seek companies using AI to fundamentally rethink underwriting, fraud detection, compliance, and customer experience in financial services.

Founder Partnership

We partner with founders at the earliest stages, offering operational support, introductions to our network, and long-term commitment to their vision.

Portfolio Highlights

Companies We Back

A selection of European fintech and insurtech companies from our seed portfolio.

TransferWise
Seed Round
$280M

International money transfer platform eliminating unfair fees and hidden charges for consumers and businesses sending money globally.

Fintech · Cross-border Payments
Improbable
Seed Round
$502M

Technology platform enabling developers to build virtual worlds and advanced simulations for financial modeling and risk scenarios.

Deep Tech · Simulation
Tessian
Seed Round
$65M

AI-powered email security platform protecting financial institutions from data breaches, phishing attacks, and accidental data loss.

Insurtech · Cybersecurity
View Full Portfolio
About Elinuse AI Capital

Seed-Stage Partners for Breakthrough Founders

Founded in 2022 and backed by LocalGlobe, Elinuse AI Capital focuses exclusively on seed-stage investments in European fintech and insurtech. We write initial checks and commit to our founders for the long term.

Our team brings decades of experience from financial services, technology, and venture capital, giving us a unique ability to evaluate and support companies at the intersection of finance and AI.

Learn About Us
Elinuse AI Capital team and office
Leadership

The Team Behind the Fund

Our investment team combines deep financial services expertise with hands-on operational experience building technology companies.

Rachel Goldberg, CEO of Elinuse AI Capital

Rachel Goldberg

Chief Executive Officer

Rachel leads Elinuse AI Capital with a focus on seed-stage fintech and insurtech. She brings deep expertise in European financial services and a conviction that AI will fundamentally reshape how money moves and risk is assessed.

Zoe Bergman, Principal at Elinuse AI Capital

Zoe Bergman

Principal

Zoe leads deal sourcing and due diligence for the fund's insurtech portfolio, combining data science expertise with hands-on experience scaling B2B platforms across the UK and European markets.

Ava Peterson, Venture Partner at Elinuse AI Capital

Ava Peterson

Venture Partner

Ava brings an operator's perspective from founding and scaling two fintech companies to Series B. She advises portfolio founders on go-to-market strategy and regulatory navigation across European markets.

Meet the Full Team
Insights

Perspectives on Fintech & Insurtech

Research, commentary, and market analysis from the Elinuse AI Capital investment team.

European Open Banking Opportunity
March 2025 Fintech

The Open Banking Opportunity: Why 2025 Is a Watershed Year for European Fintech

PSD2 implementation has created the infrastructure layer. Now the applications are arriving. We explore the market dynamics shaping seed-stage fintech opportunity.

AI Underwriting Revolution
February 2025 Insurtech

AI-Powered Underwriting: How Machine Learning Is Transforming Insurance Risk Assessment

Traditional actuarial models are being replaced by neural networks processing thousands of real-time signals. The implications for incumbents and startups are profound.

Seed Stage Fundraising Europe
January 2025 Venture Capital

Seed-Stage Fundraising in Europe: What Founders Need to Know in 2025

The European seed market has matured significantly. We share what the best seed-stage founders are doing differently when approaching investors this year.

Read All Insights
Pitch to Us

Building in European Fintech or Insurtech?

We want to hear from ambitious founders tackling the hardest problems in financial services. We move fast and give direct feedback.

Get in Touch Read Our Insights