Svetozar Georgiev

Svetozar Georgiev is a seasoned entrepreneur and angel investor, having co-founded Telerik, a software company that achieved a significant exit by being acquired by Progress Software for $262.5 million in 2014. This success story is frequently highlighted as one of Bulgaria's most notable business achievements, underscoring his capability in building and scaling global technology companies from the ground up. activator+3

Beyond his entrepreneurial ventures, Georgiev is deeply committed to nurturing the Bulgarian tech ecosystem. He co-founded Telerik Academy, an educational institution for tech skills, and Campus X, a major private incubator and co-working space in Bulgaria, aimed at supporting startups and fostering an environment of knowledge-sharing. 11+4

Svetozar Georgiev is actively involved in impact-driven initiatives, serving on the Board of Trustees for the American University in Bulgaria (his alma mater) and as Vice Chair of the Board for Teach For Bulgaria. His contributions extend to advocating for positive change within the Bulgarian startup landscape through his role as Chairman of BESCO – The Bulgarian Startup Association. aubg+3

As a General Partner at Eleven Ventures, Svetozar focuses on the 'Future of Work' vertical, with a particular emphasis on artificial intelligence. He believes AI levels the playing field for pre-seed companies, allowing them to innovate and compete with established businesses by optimizing operations and integrating AI into core products. 11+1

Described as someone who can simplify complex matters, Svetozar emphasizes a balanced approach to life, prioritizing professional success while maintaining discipline in family time and health. He views crises as opportunities for rethinking and restarting, allowing companies and entrepreneurs to emerge stronger. 11+1