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
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
Marcel Animucki
Principal
BACKSTORY
Marcel serves as bValue’s Principal. Having joined in 2017 as an analyst he gradually became responsible for deal sourcing, managing the investment pipeline and supervision of portfolio companies.
At bValue, he sourced and supports value creation in companies such as: Port, Fluentbe, Rayscape, Shopstory, Timerise, Dataplace and others.
Before joining bValue, Marcel has gained experience in mergers & acquisitions, supporting both buy side and sell side in acquisition processes, strategy building and transaction advisory for CEE corporates. Marcel graduated from the Warsaw School of Economics and became a Chartered Financial Analyst (CFA).
BACKGROUND
Venture Capital, Mergers & Acquisitions, Strategy
INVESTMENT STAGE
Seed
CURRENT COMPANIES
Port, Dataplace, Rayscape, Berlingreen, Fluentbe, Deligoo,
Shopstory, Timerise, Natura Cold Press
AREA FOCUS
B2B Software, e-commerce, Hardware+Software
LOCATION
Warsaw
Social
Maciej Ciarkowski
Investment Associate
BACKSTORY
Maciej joined bValue in 2022 and serves as an Associate responsible for screening, executing and monitoring investments.
Prior to joining bValue, Maciej gained experience as a Senior Investment Analyst at Avallon MBO private equity fund, where he focused on software development and e-commerce industries as well as was involved in the acquisition of Norlys AS, a premium outdoor lighting manufacturer from Norway.
He was formerly an Investment Banking Analyst at Rothschild & Co and Pekao Investment Banking in Warsaw, where he advised on M&A and ECM transactions, mainly in TMT and infrastructure sectors. Maciej holds a master’s degree in Finance and Investment from the University of Nottingham and bachelor’s degree in Finance and Accounting from the University of Lodz.
BACKGROUND
Investment Banking, Private Equity
INVESTMENT STAGE
Growth
LOCATION
Warsaw
SOCIAL
Jagoda Wieczorek
Head of Talent
BACKSTORY
Jagoda serves as bValue’s Head of Talent. The majority of her experiences lies in startups and scaleups. She has experience building the People & Culture function from scratch, scaling companies from 8 to 150 people, improving processes, and introducing systems. She worked for both Polish and global startups (Zoovu, Zety, BOLD, Colorful) and has experience growing teams in Europe and the US.
At the moment, her biggest expertise is in recruitment but the generalist background enables her to support our fast-growing portfolio companies in building hiring and people management processes in an automated and efficient way.
BACKGROUND
Technology, Outsourcing, Consulting
INVESTMENT STAGE
Seed, Growth
CURRENT COMPANIES
AlohaCamp, MoreGrowth, Domeguru, Dataplace
AREA FOCUS
Technology, Product
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