VP

Valeri Petrov

Partner at Eleven Ventures

Bulgaria

Overview

Work Experience

  • Partner

    2019 - Current

    Eleven Ventures is one of the leading early-stage VCs in Southeast Europe, investing in startups since 2012. With more than 150 collective investments over 10 years, Eleven’s team has been instrumental in catalysing the regional startup ecosystem. Eleven supports tech companies in four priority verticals - Fintech, Healthcare, Future of Work, Sustainability/Food and invests primarily in B2B technology innovation.

  • Member Of The Advisory Board

    2012 - 2019

  • Co-Founder

    2016

    Production and promotion music agency with prime focus on the classical and jazz concert fields.

  • Founder

    2013

    Management consulting, corporate finance and transaction services.

  • Partner

    2014 - 2020

    Axxess Capital is a Private Equity firm with the most extensive investment experience in the region of South-Eastern Europe (+15 years presence) and invested equity in excess of EUR 250M.

  • Partner

    2008 - 2013

    As a part of the Bancroft’s investment team, developing investment opportunities with main focus on the Balkans and SEE. Led and co-led several transactions across the region. Board Member in different portfolio companies.

  • Investment Director

    2004 - 2008

    Part of the investment team of Global Finance – a leading Private Equity group in South-Eastern Europe. Led and co-led a number of transactions during the period. Board Member in a number of portfolio companies.

  • CEO

    2000 - 2004

    Ran the largest paints and chemicals producer in Bulgaria with more than 100 years of history and over 750 employees, listed on Sofia Stock Exchange, backed by Private Equity funds. During the period also acting as Group Managing Director Sales & Marketing of Policolor (largest Romanian coatings producer backed by the same Private Equity funds), based in Bucharest. Successfully completed turnaround of the company. Market Cap increased 10 times during the period.

  • Commercial Director

    1999 - 2000

    Ran the sales, marketing and trading activities of the second largest oil refinery in the country.

  • Commercial Manager Bulgaria&Romania

    1993 - 1999

    Part of the Shell CEE Management Team, coordinated the Shell Commercial business for the assigned geographic markets, also involved in different pan-European projects;

Education

Relevant Websites