Underline Ventures is an early-stage venture capital firm based in Bucharest, Romania, dedicated to supporting Eastern European founders in building high-growth startups with global ambitions. Founded by Bogdan Iordache, the firm manages a €20 million fund and has completed 13 investments to date. Underline Ventures invests at the seed stage, including pre-seed, seed, and late seed rounds, with an average investment size of $500,000.

The firm focuses on helping founders define the right strategy, set milestones, and connect with capital and talent, while ensuring founders maintain control over their companies. Underline Ventures has a diverse portfolio, with investments in sectors such as life sciences, consumer products, and business services. The firm operates across various countries in Central and Eastern Europe, including Romania, Poland, and Hungary.