JRH ASI S.A.

Investing in the future

JRH in numbers

11 x

Return rate since debut on NewConnect

56.87 %

6Y CAGR

6 x

6Y increase in portfolio value

29

Companies in the investment portfolio

191 + M PLN

Investment portfolio value as of September 30th, 2025

2.74

P / BV

We invest in the industries of future

AI & CYFROWY BIZNES

AI & DIGITAL BUSINESS

Digitalization of business based on artificial intelligence, support for efficiency and meeting the demand for computing power, development of robotics, revolution in education and the medical industry.

TRANSFORMACJA ENERGETYCZNA

ENERGY TRANSFORMATION

Energy storage and green energy, striving for climate neutrality, decarbonization.

DEEPTECH, PRZEMYSŁ KOSMICZNY

DEEPTECH. SPACETECH

A new wave of innovation, projects based on research and development or technologically advanced engineering.

BIOTECH, MED-TECH

BIOTECH. MEDTECH

Development of genetic diagnostics, production and modification of medical products, modified food.

GAMING

GAMING

Game development and publishing.

SUSTAINABILITY, CIRCULAR ECONOMY

SUSTAINABILITY. CIRCULAR ECONOMY

Extending the life cycle of products and minimizing waste.

Selected portfolio companies

Minte.ai

Minte.ai addresses one of the key challenges of the claims processing process in all insurances that have a health aspect, i.e. the analysis and assessment of medical documentation. Thanks to AI-based algorithms and internally created NLP, the platform provided by Minte.ai allows you to prepare a recommendation for an insurance decision. In cooperation with UNIQA, Minte.ai has implemented solutions there, enabling compensation payments even in 5 minutes!

Flexee

Flexee is a modern financial benefit in which employees can withdraw part of the money they earn using a mobile application, without having to wait for the payday! 80% of employees would like to be paid more than once a month. With the Flexee application, the employer can meet their needs without incurring any costs!

SatRev

According to NASA's "State of the Art Small Spacecraft Technology" report, SatRev is one of 12 manufacturers in the world that comprehensively designs, manufactures and places nanosatellites in orbit around Earth to collect optical data. By focusing on small, light and reliable spacecraft, SatRev wants to change the way spacecrafts are built!

Igloo

IGLOO is a Polish manufacturer of technologies used in professional energy recovery, heating and cooling devices. The company's flagship product is the MultiTherma heat pump, which brings savings on heating bills in commercial and public facilities, but also in single-family homes. IGLOO MultiTherma has been awarded prestigious awards from experts in the field of design and renewable energy sources.

LiveKid

LiveKid is the most frequently chosen system for kindergartens and nurseries in Poland! Communication with parents, settlements, documentation - all in one place. Currently, over 3,000 facilities and over 300,000 users in Poland and around the world have chosen the LiveKid application!

NOXO

NOXO is one of the most dynamically developing networks of electric vehicle charging stations in Poland, which already has over 350 charging points and intends to exceed 1,000 points by the end of 2025. Noxo responds to society's demand for the development of a network of charging points, thereby strengthening its leading position in the "destination charging" segment on the market.

AI Clearing

AI Clearing software is used to supervise the construction of highways, automotive factories, gas pipelines, shipping canals and in the construction of The Line (a futuristic city in Saudi Arabia). Today, AI Clearing provides software to five of the twenty largest construction companies operating in the infrastructure sector. The start-up's clients include: Vinci, Skanska, Kajima, Ferrovial and EllisDon.

Fluence

Fluence offers modern, fiber-based laser technology, developed for the most demanding applications. The company's goal is to supplement the current laser market with the highest quality femtosecond lasers, used, among others, for micromachining, which require minimal human operation. Their products are characterized by unprecedented stability and resistance.

Motivizer

Motivizer is the leader of building employee engagement through innovative benefit solutions. Thanks to its proprietary cafeteria platform, known as benefits, it offers unique possibilities for managing Social Fund funds, access to an extensive internal e-commerce store and a dedicated development module. A personalized offer takes into account the individual needs of customers. The application ensures security and integration with the following systems: SAP, Teta, IFS, Microsoft Dynamics and Enova.

Investment Strategy

Our goal is for JR Holding to be the fastest growing investment company in the CEE region. We intend to achieve this by consistently implementing the adopted investment strategy focused on rapidly growing technology companies.

Entity structure

The main investment entity in the group is JRH ASI, a company listed on the Warsaw Stock Exchange, which is responsible for the implementation of the investment strategy. According to it, the group of investment entities in 2027 will also include three dedicated Smartlink funds, one of which is already operational. Each of them will have an initial capitalization of PLN 50-100 million, they will cooperate closely with JRH, which will have significant or majority capital involvement in them. The funds are aimed at professional investors participating in amounts above PLN 2 million each. In accordance with the strategy for 2024-2027, we will also invite selected funds from Poland and CEE to cooperate as Partners. As part of the cooperation, JRH may acquire up to 20% of the capital of a given Partner.

JRH Investment Model

We focus our investments in the CEE region, also investing in projects from the United States and Great Britain. We invest in fast-growing and promising technology companies with a proven business model. We participate in investment rounds: Scale Up, A / B / Pre IPO. Our investment ticket ranges from PLN 4 to 50 million, including follow-on investments.

Who are we looking for?

We invest primarily in people who can manage the company, team, capital and achieve the assumed goals. We believe in the principle of creating value through investments. Our company builds its financial potential by investing in projects and industries with a high rate of return, which allow us to achieve above-average profits in the long term.

 

Why us?

JRH is a well-coordinated team of experts from the investment industry. We are distinguished by the investment conditions and an attractive business support network we offer. Thanks to our commitment, we proud ourselfs of the fastest investment process on the market.

In 4 years, we achieved an over 5x increase in the value of the investment portfolio, growing from 3 to 47 companies in 2019-2023.

 

Submit Project

If you are looking for an investor who will believe in your idea of modern solutions for a better future, who, in addition to financial capital, will support your business with knowledge and a real network of contacts, submit your project and let us get to know you!