Business Angels Invest in Three Promising Croatian Startups

Members of the Croatian Business Angels Network (CBAN), established in March of this year, participated in investments in three innovative Croatian startups: ArkenSight, Euforia, and Strives.ai.

ArkenSight is an advanced platform for visualizing and tracking business data in real-time, utilizing intelligent analytical tools for quick informed decision-making. It is designed for business teams and managers who seek insight into key metrics and performance of their operations in a simple and clear manner. The platform integrates various data sources, allowing users to monitor sales, finances, marketing, and other important aspects of the business on one intuitive dashboard.

Renowned entrepreneur and investor Damir Sabol, a member of CBAN, recognized the potential of ArkenSight and participated in the seed round of investment. A total of approximately 600 thousand euros has been invested in ArkenSight, confirming confidence in the unique technology and vision of this startup.

Samir Vreto, a member of CBAN, decided to further invest in the domestic startup Euforia, after having previously supported the project in its early phase, with backing from other business angels outside the network. This new investment comes at a crucial moment in development, ahead of the platform’s launch scheduled for October 2025.

Euforia is a digital platform that allows users to personalize the discovery of current events, clubs, bars, wineries, restaurants, and cultural locations in the region – all according to their mood and desired experience. Through an advanced discovery system, Euforia connects users with outings that best suit them, enabling online reservations, ticket purchases, and the use of an integrated loyalty program.

The project is designed as a modern guide to urban life, aimed at the digital generation that seeks more than traditional searches and random recommendations. The additional investment will enable further development of the application, expansion of the partner network, and a stronger penetration into the regional market.

Strives.ai is an AI-driven platform that enables startups and companies to clearly identify ideal customers, validate market opportunities, and shape effective market entry strategies. By utilizing advanced machine learning algorithms and data analytics, Strives.ai helps optimize sales and marketing processes, significantly increasing the chances of success for innovative products and services.

This investment round included CBAN members and experienced investors Tajana and Mihovil Barančić, who actively support the development of startups with their knowledge and experience. In addition, the investment was further supported by business angels outside the CBAN network.

– Established in March of this year, CBAN has demonstrated in just three months how strong an impact experienced investors can have on the development of domestic startups. Our members, such as Damir Sabol, Samir Vreto, Tajana, and myself, actively invest in promising projects with clear global potential. Our mission is to connect capital, experience, and a network of contacts to help Croatian innovators grow quickly and successfully – stated Mihovil Barančić, president of CBAN.

CBAN is determined in its intention to continuously build a strong community of experienced investors and entrepreneurs and to position Croatia as a regional center for innovation.