This paper explores linear methods for combining several word embedding models into an ensemble. We construct the combined models using an iterative method based on either ordinary least squares regression or the solution to the orthogonal Procrustes problem. We evaluate the proposed approaches on Estonian—a morphologically complex language, for which the available corpora for training word embeddings are relatively small. We compare both combined models with each other and with the input word embedding models using synonym and analogy tests. The results show that while using the ordinary least squares regression performs poorly in our experiments, using orthogonal Procrustes to combine several word embedding models into an ensemble model leads to 7-10% relative improvements over the mean result of the initial models in synonym tests and 19-47% in analogy tests.