Team
Maciej Balsewicz
Founder & Managing Partner
BACKSTORY
Maciej serves as bValue’s Managing Partner and Chief Investment Officer. In 2016, he launched bValue Angels VC, an angels syndicate investing in early stage companies in Poland, what later became bValue Fund – an independent technology investor managing today three funds focused on seed and growth investments in CEE.
At bValue he was instrumental in sourcing and building companies such as: CallPage, Shoplo, Tidio, Senuto, Renters, PushPushGo, YourKaya, MoreGrowth and others.
Before founding bValue, Maciej was part of the executive team at Inpost, a PE backed last mile delivery leader in Europe, where he was responsible for finance and operations across multiple markets. Maciej has also private equity background from PineBridge Investments where he served as VP and was responsible for several growth equity transactions across the region. He also founded an M&A boutique focused on transactions in technology. He was formerly a consultant for EY in the Warsaw office.
He is member of ACCA and graduate of Executive Education Programs at UC Berkeley.
BACKGROUND
Consulting, Private Equity, Business
INVESTMENT STAGE
Seed, Growth
CURRENT COMPANIES
Tidio, Spin.ai, Landingi, YourKaya, MoreGrowth
AREA FOCUS
Application Software, Infrastructure Software,
IT Services, Consumer
LOCATION
Warsaw
SOCIAL
Michał Bartosz
Partner
BACKSTORY
Michał is a Partner at bValue. He joined the company in January 2022 to lead the company’s growth equity investments.
Before joining bValue, Michał was part of the executive team at Avenga, a PE-backed IT service provider, where he was responsible for strategy and M&A activities. He was also an investment professional at Enterprise Investors, Wirtualna Polska and a consultant at Deloitte.
Michał graduated from Aarhus Business School in Denmark.
BACKGROUND
Consulting, Private Equity, Business
INVESTMENT STAGE
Growth
CURRENT COMPANIES
Hostersi, Sportano
AREA FOCUS
B2B software, E-commerce, IT services
LOCATION
Warsaw
SOCIAL
Leszek Orłowski
Partner, CFO
BACKSTORY
Leszek serves as bValue’s Partner and Chief Financial Officer. He joined the Company during its early days in 2016 and played an instrumental role in building company’s operations and compliance.
At bValue he was responsible for investments and value creation process in companies such as: Renters, Purella, WannaBuy, Revolmatic and others. He takes care of operational, compliance and reporting processes across bValue investment structures.
Before bValue, Leszek gained experience with the PwC deals team executing projects from areas of corporate finance. He co-created a new team offering support for early-stage companies and R&D projects. He previously played roles in a Polish privately owned investment fund focusing on PE and real estate projects and with a M&A boutique. He is Chartered Financial Analyst.
Background
Consulting, Private Equity
INVESTMENT STAGE
Seed
CURRENT COMPANIES
Renters, NovaTracking
AREA FOCUS
B2B software
LOCATION
Warsaw
Social
Wiktor Lubieniecki
Investment Associate
BACKSTORY
Wiktor is an Investment Associate at bValue. He joined the company in September 2024 to support the fund’s growth equity investments.
Before joining bValue, Wiktor was a manager at mBank’s investment banking division, advising on various sell-side and buy-side M&A projects (TMT and Industrials). Before mBank, Wiktor worked at Savills where he was responsible for real estate M&A projects and at PwC’s corporate finance department where he participated in distressed M&A, debt advisory and financial restructuring projects.
Wiktor graduated from Wroclaw University of Economics and Business as a valedictorian.
BACKGROUND
Investment Banking, Mergers & Acquisitions, Consulting
AREA FOCUS
B2B Software, IT Services
INVESTMENT STAGE
Growth
LOCATION
Warsaw
SOCIAL
Patryk Jagliński
Investment Analyst
BACKSTORY
Patryk is an Investment Analyst at bValue. He joined the company in 2022 to support the fund’s growth equity investments.
Before joining bValue, Patryk has gained experience in mergers & acquisitions at the „Big Four”. Patryk also served as an investment bank analyst where he actively participated in initial public offerings (IPOs). Patryk has graduated from Kozminski University and Wroclaw University of Business and Economics. In 2024, Patryk was awarded the Chartered Financial Analyst (CFA) designation
BACKGROUND
Mergers & Acquisitions, Investment Banking
INVESTMENT STAGE
Growth
CURRENT COMPANIES
Hostersi, Dataplace, Berlingreen, Hypedome
AREA FOCUS
IT Services, Energy Transition/Green Economy
LOCATION
Warsaw
SOCIAL
Paweł Wisz
Investment Analyst
BACKSTORY
Paweł joined bValue in 2023 and serves as an Investment Analyst responsible for supporting the process of identifying investment opportunities.
Before joining bValue, Paweł was part of the investment team at PFR Ventures, a Development Finance Institution where he was responsible for investment activities in Polish and international venture capital funds.
Paweł graduated from Kozminski University.
BACKGROUND
Venture Capital
INVESTMENT STAGE
Growth
CURRENT COMPANIES
Sportano
LOCATION
Warsaw
SOCIAL
Weronika Osman
Executive Assistant
BACKSTORY
Weronika graduated from Warsaw University. She studied the social rehabilitation and prevention major. She acquired experience as an office manager in major law firms in Warsaw. She joined bValue in 2021 and is responsible for maintaining administrative and legal processes. After working hours, Weronika is a professional yoga teacher.
Social