AddVenture

AddVenture is a venture capital firm founded in 2008 and based in Limassol, Cyprus. It operates as an international investor, managing venture funds that typically target early-stage rounds with investments ranging from 0.3–5 million. The firm concentrates on sectors including horizontal marketplaces, vertically integrated services, food tech, and health tech, and has extended activity into home services and medical sectors through its funds. AddVenture supports portfolio companies with capital and guidance to scale operations and expand market reach, aiming to back startups that span consumer platforms, service delivery, and tech-enabled solutions.

Mikhail Erenburg

Managing Partner

Nikita Gerts

Principal

Max Medvedev

Managing Partner

Inna Ponomarenko

Venture Partner

Alexey Prokofyev

Executive Partner

Past deals in Abu Dhabi

ServiceMarket

Series B in 2018
ServiceMarket, formerly known as MoveSouq.com, is one of Dubai's fastest-growing startups. It operates the largest portal in the UAE for connecting customers with professional and licensed home services companies, including movers, cleaners, painters, gardeners, handymen, and insurance providers. The platform allows users to discover service providers, read reviews, and book or request quotes for various home services. ServiceMarket currently serves customers in Dubai, Abu Dhabi, Sharjah, and Doha.

ServiceMarket

Series A in 2016
ServiceMarket, formerly known as MoveSouq.com, is one of Dubai's fastest-growing startups. It operates the largest portal in the UAE for connecting customers with professional and licensed home services companies, including movers, cleaners, painters, gardeners, handymen, and insurance providers. The platform allows users to discover service providers, read reviews, and book or request quotes for various home services. ServiceMarket currently serves customers in Dubai, Abu Dhabi, Sharjah, and Doha.
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