Kaamos
Also known as Kaamos Group, Kaamos Family Office
Tallinn family office of the Jõeleht family, founded in 2002; owns Kaamos real estate, construction and energy companies and makes early-stage start-up investments.
USEFUL FOR Founders · Co-investors
Family & background
- FAMILY
- Jõeleht
- HEADQUARTERS
- Tallinn, Estonia
- FOUNDED
- 2002
- OUTSIDE CAPITAL
- No — own capital only
Investment approach
- GEOGRAPHY
- EstoniaLVEurope
- STAGES
- Pre-SeedSeed
- ROUTES
- Direct investments
- STRATEGIES
- Direct investmentsReal estateVenture capital
- TICKET
- Up to €100K
- INBOUND
- Accepts submissions
Overview
Kaamos is a family office established by the Jõeleht family in 2002 that brings together the companies of the Kaamos Group. Its largest investments are in Baltic real estate development, construction and renewable energy (Kaamos Kinnisvara, Kaamos Construction, Kaamos Energy, with a Latvian arm in Riga). The group also puts a fixed share of its profits into early-stage start-ups with strong ties to Estonia, usually up to €100,000 per company and without taking the lead. Founder Kaido Jõeleht chairs the supervisory board; Gert Jostov chairs the management board.
Investment thesis
Acquire and develop market-leading companies offering synergy, profit growth and strong cash flows, held long term; in start-ups, back Estonia-linked early-stage companies with a working product and first paying customers, preferably connected to property, construction, timber or energy.
Holdings & investments (19)
- Kaamos Kinnisvara (real estate development)NOTABLEReal Estate & PropTech
- Kaamos Ehitus / Kaamos ConstructionReal Estate & PropTech
- Kaamos EnergyClimate & Energy
- Mobility & Logistics
- Real Estate & PropTech
- Industrial & Manufacturing
- Climate & Energy
- Artificial Intelligence
- Fintech
- Climate & Energy
- Software & SaaS
- ComoduleMobility & Logistics
People
- Kaido JõelehtFounder, Chairman of the Supervisory Board · source
- Gert JostovChairman of the Management Board · source
- Peeter AruvaldChief Financial Officer · source
- Elizabeth TüllHead of Legal · source
- Tanel OlekCEO of Kaamos Kinnisvara · source
- Juulika VahterSupervisory Board member · source
- Teele JõelehtSupervisory Board member · source
- Mari VerrevSupervisory Board member · source
- Carmen Kaidi JõelehtSupervisory Board member · source
- Carolin Kaia JõelehtSupervisory Board member · source
- Mait MengelSupervisory Board member · source
- Kristi TiivasSupervisory Board member · source
- Linnar ViikSupervisory Board member · source
- Eduard PauligSupervisory Board member · source
Classification
Family Holding. A family's holding company that owns stakes in several separate businesses or invests beyond its own group, without calling itself a family office. How family capital is classified →
FAQ
Kaamos is a family holding based in Tallinn, Estonia, founded in 2002.
Kaamos invests on behalf of the Jõeleht family.
Kaamos invests directly in companies. Its stated asset mix includes direct investments, real estate and venture capital.
Kaamos invests at Pre-Seed and Seed stages in Real Estate & PropTech, Climate & Energy, Mobility & Logistics, Software & SaaS and Fintech.
Kaamos's stated ticket size is Up to €100K.
Key people at Kaamos include Kaido Jõeleht (Founder, Chairman of the Supervisory Board), Gert Jostov (Chairman of the Management Board), Peeter Aruvald (Chief Financial Officer) and Elizabeth Tüll (Head of Legal).
Kaamos's holdings and investments include Kaamos Kinnisvara (real estate development), Kaamos Ehitus / Kaamos Construction, Kaamos Energy, Bolt, Bob W, Fermi, Fractory and Fusebox, among others.
Kaamos states that it accepts submissions through its official contact page.
No. Kaamos invests its own capital and does not raise money from outside investors.