Freesbee Ventures Research
Investment Thesis
Freesbee Ventures is a $15M early-stage fund investing in applied AI companies where AI runs an entire business function end to end, rather than appearing as a feature inside an existing product. The firm's own example is an AI operator that runs a company's full finance operations (reconciling invoices, chasing overdue payments, preparing the monthly close) as opposed to a single smart button in an accounting tool. Their core belief is that AI has made building fast and copying equally fast, so code alone no longer protects a company. Distribution (acquiring and retaining customers efficiently) is the durable moat, and the fund is designed to help portfolio companies build it.
Stage Focus
Late seed to Series A. Companies are expected to be under three years old with confirmed product-market fit and a go-to-market that works. The fund explicitly avoids pre-revenue companies, AI bolted onto an existing product, and rounds that do not yet have a lead investor.
Check Size
- $300K to $500K per company, as a co-investor alongside a lead
- Target traction: ARR above $1M, healthy retention, organic demand
- Fund size: $15M (Fund II)
Lead Tendency
Freesbee does not lead rounds. It co-invests on the lead investor's terms and states it does not ask for unbalanced conditions. The same language appears on the sibling firm Freesearch Ventures' site.
Three Founder Tracks
- Equity: $300-500K co-investment from late seed to Series A.
- Growth accelerator: a structured programme with partner AdQuantum (performance marketing agency focused on consumer and subscription user acquisition), in exchange for equity. Covers scaling paid acquisition and building an in-house marketing team.
- Cohort financing: non-dilutive growth capital. Freesbee co-funds marketing cohorts 50/50 and is repaid as the cohorts pay back, leaving the cap table untouched.
Recent Activity
Fund II was publicly launched in early October 2026 through a post by Principal Mike Torro and a LinkedIn post by Anton Vasiliev. The fund is newly launched, so it is at the start of its deployment period. No Fund II investments have been publicly announced yet. The team's prior vehicle, Freesearch Ventures (founded 2022 in Singapore), reports 14 companies and a 4.65x portfolio MOIC.
Portfolio Highlights
The portfolio shown on third-party directories is that of the team's prior fund and wider Freesearch platform: Finom, Pluto, BNINE, B Generous, Quiltt, Getmo, Torus, Otis AI, Praktika, Welltory, Renova, inspace, Parta and Whizz. The freesbee.vc site is a JavaScript-rendered page whose portfolio content could not be read directly, so this list comes from the Venture Capital Archive profile.
Team
- Anton Vasiliev, General Partner: SKOLKOVO MBA graduate and mentor at Founder Institute Cyprus.
- Andrei Yuranau, Principal
- Mike Torro, Principal: writes a monthly breakdown of new VC funds on Substack.
Decision Process
Small partnership of three. Process: apply with deck and key metrics, reply within 5 working days, evaluation of product, market and unit economics, a strategy session on which track fits, and a final decision within 6 weeks of first contact. A no comes fast and with a reason. Exceptional companies that miss a criterion still get a look. The fund runs sourcing, screening, portfolio monitoring and investor reporting through its own AI tools.
Founder Preferences
Founder-market fit, domain expertise and complementary skills. Founders should be building applied AI operators, assistants or co-pilots for routine business functions, with real revenue and a working go-to-market.
Geographic Focus
US first, and open to the EU, LATAM, MENA and APAC. The fund is based in Larnaca, Cyprus.
Value Add
Warm intros to Series A funds timed to readiness, senior engineering and marketing hiring from Eastern Europe, an operator network across go-to-market, product and engineering, fundraising prep (data room, investor lists, narrative, intro sequencing), PR coverage, and $10K+ in cloud and tooling credits.
Sectors
Consumer, AI-native industries, specialist fintech and MarTech.
Contact
Applications go to [email protected] or via freesbee.vc.