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vendor

Investor relations.

A transparent view of Vendor's business, leadership, growth, and long-term vision.

Boban and Dejan Milosavleski, founders of Vendor, at the Macedonian E-Commerce Conference

A note from the founders.

Vendor is a privately held, founder-led company built in Skopje, North Macedonia. The company was initially financed through more than €200,000 of founder capital, followed by co-financed support from the Fund for Innovation and Technological Development (FITR) to accelerate research and development.

During the pre-seed stage, the business received €30,000 in family-backed capital from Bozin and Toni Milosavleski, provided without any equity participation. In addition, Vendor secured a €60,000 convertible investment from a group of 6 angel investors, mostly from Zephyr Angels.

We believe in building a sustainable business with strong fundamentals, disciplined growth, and durable unit economics. While we remain open to strategic investment opportunities, Vendor is expected to stay founder-led for the foreseeable future.

This page provides existing and prospective investors with a transparent view of our business, governance, growth, and long-term direction.

Boban & Dejan MilosavleskiFounders, Vendor

The people who backed the round.

Our pre-seed included a €60K convertible investment from a group of six angel investors — most of them through Zephyr Angels. Operators, founders, and finance leaders from across the region.

Zephyr AngelsLead angel group · €60K convertible investment
  • Dragan DimitrovFounder, BDO Macedonia & Faktor Trust

    Financial and audit expert in corporate finance, investments, and auditing. Former President of the Institute of Certified Auditors of Macedonia.

  • Igor MishevskiFounder, first internet marketing agency in Macedonia

    Entrepreneur and award-winning innovator with a strong background in business development and digital transformation.

  • Ivana StankovikjInvestment & startup ecosystem expert

    Venture capital, corporate finance, and business strategy. Supports startups and SMEs across the Balkans with investment readiness, growth, and access to finance.

  • Kosta PetrovFounder, P World

    International entrepreneur, PR expert, and bestselling business author. Runs a global events agency operating in 40+ countries; speaker on leadership and entrepreneurship.

  • Riste MarevskiFounder & Managing Director, Axapta Masters

    ERP expert with 15+ years delivering international projects, specializing in enterprise systems and support-team management.

  • Suzana TuntevaFounder, Faktor Trust

    Financial expert with 30+ years in banking and finance, and a dedicated supporter of new businesses and innovative projects.

Capital raised to date.

  1. Bootstrapped€200K+ self-fundedFounders — Boban and Dejan Milosavleski
  2. R&D co-funding€100K total — €25K founders / €75K FITRFund for Innovation and Technological Development (FITR), North Macedonia
  3. Pre-seed€30K family-backed capitalBozin & Toni Milosavleski
  4. Pre-seed€60K convertible investmentZephyr Angels

Ownership structure.

Vendor is founder-owned. While the company has received a convertible investment from angel investors, the instrument has not yet converted and does not currently represent an equity position. No employee stock option plan (ESOP) or option pool has been established to date.

Founders — Boban and Dejan Milosavleski100%

Investor inquiries

Existing investors should email invest@vendor.com.mk. Prospective investors should review the materials on this page first; we open conversations only when we are actively fundraising.