As of today, CVCA regular members include: Aymo Ventures, BlackPeak Capital, Blue Sea Capital, ECM Partners, Eleven Ventures, Enterprise Investors, Fil Rouge Capital, Feelsgood Capital Partners, GreenArt Equity (formerly CEE Equity Partners), GYAS, HMID d.o.o. (Croatian Pension Investment Company), Inspire Investments, Integral Venture Partners, InterCapital Asset Management, Invera Private Equity, Mezzanine Partners, N Vision Ventures, Orbit Capital, Prosperus Invest, Provectus Capital Partners, Roca X, Silicon Gardens, and Vesna VC, bringing together 23 regional private equity, venture capital, and other alternative investment fund managers.

Associate members are key service providers supporting the PE/VC ecosystem, including VentureXchange Ltd., Bradvica Marić Wahl Cesarec Skerlev odvjetničko društvo d.o.o. (law firm), Cohres d.o.o., Forvis Mazars, Hren Tomašković odvjetničko društvo d.o.o. (law firm), Kovačević Prpić Simeunović odvjetničko društvo d.o.o. (law firm), Odvjetničko društvo Kramarić & Partneri d.o.o., Raiffeisen Bank International, and Wolf Theiss Rechtsanwalte GmbH (law firm), a total of 9 distinguished advisory and financial institutions.

In recent years, Croatia has emerged as one of the top destinations for private equity and venture capital investments in CEE. In 2021 and 2022, Croatian startups, scale-ups, and other high-potential companies — whether founded in Croatia or by Croatians abroad — attracted over EUR 1 billion annually in PE/VC investments, positioning Croatia among the leading countries in CEE in terms of PE/VC investments relative to GDP.

Croatia holds a unique distinction as one of the countries with the highest number of unicorns per capita in the region, being home to globally recognized companies such as Infobip and Rimac, and a fast-growing community of ‘soonicorns’ — companies poised to become the next generation of unicorns.

The role of private equity and venture capital in Croatia is pivotal, as these investments are transforming the Croatian economy, turning it into an economy based on high skills, high technology, and high wages, bringing Croatia closer to the developed economies of the world. These investments act as a catalyst to globalize Croatian companies, align them with international markets and standards, and help them reach the global stock exchanges, supporting the emergence of current and future Croatian unicorns.

Moreover, PE and VC funds offer much more than capital. Beyond financing, they bring strategic expertise, operational knowledge, and industry connections that enable entrepreneurs and management teams to successfully scale their businesses, expand internationally, and achieve sustainable growth.

Looking ahead, the private equity and venture capital industry in Croatia is poised for continued growth, further supporting the most dynamic and competitive sectors of the economy. Since 2004, CVCA has been actively working to develop, promote, and professionalize the private equity and venture capital market in Croatia, and today we are proud to see how far the market has come — with much more to achieve in the future.

It has never been a more exciting time to be part of the private equity and venture capital community in Croatia and the region.

Are you interested in joining us? Please contact us or fill out the membership application form on our website.

CVCA membership is open to all members of the private equity and venture capital community — including private equity and venture capital funds, investment and pension funds, banks, law firms, accounting and advisory firms, and individuals interested in contributing to the development of the PE/VC market in Croatia and the region.