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 CIS

Rays of Health

Series B in 2021
BestDoctor is a Moscow-based healthcare technology company that specializes in providing private medical insurance solutions for businesses and their employees. Established in 2015, it has emerged as a significant player in the European insurtech market, boasting the second highest number of users among similar companies. BestDoctor's platform offers a range of services, including 24/7 health support and telemedicine consultations, enabling users to access medical advice and care conveniently. The company serves over 100 corporate clients from various industries, including IT, retail, and pharmaceuticals, and conducts more than 30 telemedicine consultations daily. Its innovative approach to risk management and customer-focused product development has allowed BestDoctor to optimize healthcare costs and enhance service delivery. As a result of its strong performance, the company was recognized in 2019 as one of the "Top 17 Health Insurance Startups" globally.

Rays of Health

Series B in 2020
BestDoctor is a Moscow-based healthcare technology company that specializes in providing private medical insurance solutions for businesses and their employees. Established in 2015, it has emerged as a significant player in the European insurtech market, boasting the second highest number of users among similar companies. BestDoctor's platform offers a range of services, including 24/7 health support and telemedicine consultations, enabling users to access medical advice and care conveniently. The company serves over 100 corporate clients from various industries, including IT, retail, and pharmaceuticals, and conducts more than 30 telemedicine consultations daily. Its innovative approach to risk management and customer-focused product development has allowed BestDoctor to optimize healthcare costs and enhance service delivery. As a result of its strong performance, the company was recognized in 2019 as one of the "Top 17 Health Insurance Startups" globally.

Cherdak

Series A in 2019
Cherdak is a Moscow-based company founded in 2018 that offers a self-storage marketplace, connecting users with nearby storage facilities in a convenient and cost-effective manner. The platform enables residents to store their belongings in the cloud and provides tools for tracking and monitoring stored items online. Cherdak's comprehensive suite of self-storage solutions includes unit search, booking, and payment options, allowing customers to easily find and reserve storage units from various providers, thus helping them save on storage costs while ensuring a seamless experience.

Rays of Health

Series A in 2019
BestDoctor is a Moscow-based healthcare technology company that specializes in providing private medical insurance solutions for businesses and their employees. Established in 2015, it has emerged as a significant player in the European insurtech market, boasting the second highest number of users among similar companies. BestDoctor's platform offers a range of services, including 24/7 health support and telemedicine consultations, enabling users to access medical advice and care conveniently. The company serves over 100 corporate clients from various industries, including IT, retail, and pharmaceuticals, and conducts more than 30 telemedicine consultations daily. Its innovative approach to risk management and customer-focused product development has allowed BestDoctor to optimize healthcare costs and enhance service delivery. As a result of its strong performance, the company was recognized in 2019 as one of the "Top 17 Health Insurance Startups" globally.

Pravoved.ru

Series A in 2018
Pravoved.ru is a leading Russian legal tech company founded in 2011 and based in Saint-Petersburg. It operates an online platform that connects clients with legal professionals, offering both paid and free legal advice. The platform serves as a legal marketplace where users can consult with lawyers, order legal documents, and find assistance for their legal needs without the necessity of in-person meetings. With approximately 6.5 million monthly visitors and a network of 20,000 qualified lawyers, Pravoved.ru is recognized as the largest legal marketplace in Europe. In 2017, the company introduced an AI-powered robot-lawyer capable of providing instant legal advice by understanding questions phrased in plain language. This innovation leverages natural language processing and advanced neural networks, enhancing the accessibility and efficiency of legal assistance for users.

Pravoved.ru

Seed Round in 2017
Pravoved.ru is a leading Russian legal tech company founded in 2011 and based in Saint-Petersburg. It operates an online platform that connects clients with legal professionals, offering both paid and free legal advice. The platform serves as a legal marketplace where users can consult with lawyers, order legal documents, and find assistance for their legal needs without the necessity of in-person meetings. With approximately 6.5 million monthly visitors and a network of 20,000 qualified lawyers, Pravoved.ru is recognized as the largest legal marketplace in Europe. In 2017, the company introduced an AI-powered robot-lawyer capable of providing instant legal advice by understanding questions phrased in plain language. This innovation leverages natural language processing and advanced neural networks, enhancing the accessibility and efficiency of legal assistance for users.

Gettable

Venture Round in 2015
Gettable is a restaurant booking platform based in Russia, specifically serving the Moscow market. It offers a fast and convenient service for users to book tables at over 1100 top restaurants across the city. The platform connects multi-cuisine restaurants with their guests online, allowing users to secure reservations at their preferred time without any associated costs.

Chefmarket.ru

Venture Round in 2015
Chefmarket.ru is a leading meal kit delivery service in Russia, providing customers with everything needed to prepare delicious home-cooked meals. The service offers weekly deliveries of fresh ingredients along with easy-to-follow photo recipes, ensuring that customers can enjoy a variety of meals without the hassle of meal planning. Subscribers receive curated meal options, while non-subscribers can try the service with a trial delivery. Chefmarket.ru collaborates with prominent chefs and culinary magazines to enhance its offerings. The platform simplifies cooking at home, making it accessible and enjoyable for all.

K50

Venture Round in 2015
K50 is a developer of tools designed for the management and optimization of contextual advertising. Based in Russia, the company offers a suite of products that includes K50: Generator, which automates the creation of contextual ads based on a commodity matrix, and K50: Conversion, a bid automation service that supports management in various advertising systems such as Google Adwords and Yandex.Direct. Additionally, K50 provides K50: Navigator, a business intelligence tool for monitoring advertising performance, and K50: Rules, which facilitates monetization strategies for audiences. The platform utilizes smart algorithms that analyze data from web analytics and advertisers' internal metrics to enhance campaign effectiveness and decision-making. K50 operates as a subsidiary of Yandex N.V.

Chefmarket.ru

Seed Round in 2014
Chefmarket.ru is a leading meal kit delivery service in Russia, providing customers with everything needed to prepare delicious home-cooked meals. The service offers weekly deliveries of fresh ingredients along with easy-to-follow photo recipes, ensuring that customers can enjoy a variety of meals without the hassle of meal planning. Subscribers receive curated meal options, while non-subscribers can try the service with a trial delivery. Chefmarket.ru collaborates with prominent chefs and culinary magazines to enhance its offerings. The platform simplifies cooking at home, making it accessible and enjoyable for all.

Delivery Club

Series C in 2013
Delivery Club Ltd. is a leading online food delivery company based in Moscow, Russia, founded in 2009. The company operates an online and mobile food delivery application that connects users with a broad network of over 4,000 restaurants across 75 cities in Russia. It offers a range of services including delivery from restaurants, groceries, organic food, and supplements. Delivery Club has recently introduced its own last-mile delivery service, boasting average delivery times below 40 minutes. With its mobile applications downloaded over 5 million times, the platform significantly contributes to the food delivery market, facilitating convenient ordering for customers. As a subsidiary of Mail.ru Group Limited, Delivery Club maintains its position as the market leader in Russia's food delivery sector.

Delivery Club

Series B in 2012
Delivery Club Ltd. is a leading online food delivery company based in Moscow, Russia, founded in 2009. The company operates an online and mobile food delivery application that connects users with a broad network of over 4,000 restaurants across 75 cities in Russia. It offers a range of services including delivery from restaurants, groceries, organic food, and supplements. Delivery Club has recently introduced its own last-mile delivery service, boasting average delivery times below 40 minutes. With its mobile applications downloaded over 5 million times, the platform significantly contributes to the food delivery market, facilitating convenient ordering for customers. As a subsidiary of Mail.ru Group Limited, Delivery Club maintains its position as the market leader in Russia's food delivery sector.

HomeMe.ru

Series A in 2012
HomeMe.ru operates a furniture and home accessories store in Russia, focusing on affordable, accessible products by cutting intermediaries and operating its own manufacturing facilities. The company positions itself as a producer rather than a reseller, eliminating rental stores, expensive advertising, and markups from vendors to pass savings to customers, with claimed price reductions of up to 50% versus competitors. Its product range includes sofas, armchairs, mattresses, home decorations, fireplaces, lamps, and linen, with delivery to customers' doorsteps. Through its end-to-end approach, it seeks to make furniture more affordable and readily available for everyday use.

Pixonic

Series B in 2010
Pixonic LLC, established in 2009 with headquarters in Moscow, Russia, is a subsidiary of Mail.Ru Group Limited. It specializes in developing, publishing, and marketing mobile and social games globally. Pixonic offers services such as game development assistance, detailed analytics, cross-platform publishing, online marketing, and mobile publishing to enhance game performance and revenue. Notably, the company is renowned for its hit game "War Robots," which has amassed over 200 million registered users and generated lifetime revenues exceeding $500 million.
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