212 is a venture capital firm backing B2B tech solutions and early-stage companies across Emerging Europe and the diaspora.
Portfolio
2
companies
Bolt Insight
Bolt Insight provides AI-powered consumer research and intelligence platforms for global brands.
Flow48
Flow48 offers real-time financial solutions and lending access for small and medium-sized enterprises.
Ali Karabey
Managing Director
Ali serves as managing director at 212, following earlier corporate development and finance roles at Deutsche Bank and Morgan Stanley.
LinkedIn
Numan Numan
Founding Partner
Numan brings investment and operational experience from roles at Goldman Sachs and 212. He currently serves as co-founder and managing partner at 212.
LinkedInThe £7m investment was led by Pembroke VCT with participation from 212, Active Partners, Velocity, and TIBAS Ventures.
"When we launched Bolt Insight in 2019, our mission was to bring real consumer voices into the heart of business decision-making. With the launch of BoltChatAI in 2022, we proved that AI-moderated qualitative research could deliver rich insight at unprecedented speed and scale."
The pre-Series A round included participation from Speedinvest, Daphni, and Endeavor Catalyst.
"What Flow48 is bringing to the table is not just innovative, it’s essential for SME growth in the region’s economic landscape. As we look ahead, the potential for Flow48 to expand beyond Revenue Based Financing is very exciting. The team is on track to become a full-service fintech solution for SMEs and expand their offerings to insurance, payments, and other financial services,"
The investment from 212 will support new product development, team expansion, and international growth.
"We invest in problem-solvers and teams that tackle hard, global-scale problems with simple and elegant solutions. We are convinced by the Bolt Insight team’s ability to dramatically transform the quantitative market research space, enabling companies to collaboratively and openly develop their products to address users’ wants and needs better."
