Internet Initiatives Development Fund (IIDF)

One of the priorities of Internet Initiatives Development Fund (IIDF) is financial and expert support to startups in their early development stages. IIDF has invested in 402 tech startups. The Fund invests between 2.5M and 324M rubles in tech companies at early stages, i.e. pre-seed, seed and series A. The Fund also plans to launch a variety of educational programs and to perform a number of legislative initiatives. These steps will help to increase transparency and ensure effective cooperation between entrepreneurs, investors, and state agencies in the field of venture capital investments in Russian online-projects. IIDF's mission is to make Russia more attractive for tech enterpreneurs. They want to make the Russian venture market understandable and accessible to anyone who wants to begin or grow their Internet businesses.

Alexey Grinenko

Investment Manager

461 past transactions

SportPriority

Venture Round in 2025
SportPriority is a technology company that provides a digital platform for sports clubs and coaches. Its software enables clubs to manage and streamline various aspects of their operations, including scheduling classes, processing subscription payments, tracking additional income from membership fees and certificates, and integrating client data directly into their CRM system.

Style Box

Seed Round in 2023
Style Box is a personal styling service that caters to individuals seeking a fashionable, confident, and time-saving shopping experience. The company begins by assessing each client's color type and preferences through a comprehensive questionnaire, considering factors such as clothing style, preferred brands, and budget. Utilizing data analysis, Style Box then curates personalized clothing recommendations and delivers a selection of items directly to the client, allowing them to choose their preferred styling options.

Style Box

Pre Seed Round in 2023
Style Box is a personal styling service that caters to individuals seeking a fashionable, confident, and time-saving shopping experience. The company begins by assessing each client's color type and preferences through a comprehensive questionnaire, considering factors such as clothing style, preferred brands, and budget. Utilizing data analysis, Style Box then curates personalized clothing recommendations and delivers a selection of items directly to the client, allowing them to choose their preferred styling options.

SalesAI

Seed Round in 2023
SalesAI uses AI to provide RevOps for call quality management and automated CRM completion.

Geecko

Seed Round in 2021
Geecko is a recruiting and technical screening platform that focuses on connecting competent developers with employers through innovative methods. The company utilizes high-quality programming games to evaluate candidates, which reduces the costs associated with traditional hiring methods such as recruiting and headhunting. By employing alternative channels like HR marketing and interactive skill-testing games, Geecko enhances the hiring process. Its intelligent code editor supports twelve programming languages, allowing for comprehensive assessment of candidates' programming abilities. Additionally, the platform incorporates artificial intelligence to match software engineers with suitable job vacancies, streamlining recruitment procedures while promoting team building.

Bewearcy

Seed Round in 2021
Bewearcy aims to make sourcing and listing as easy as possible for sellers. The time dedicated to sourcing, listing, pricing, and processing inventory is a significant hindrance to scaling a resale business. Their platform allows sellers to source clothes to sell without having to actively search for them.

Malivar

Series A in 2021
Malivar is a media company focused on the creation and promotion of virtual influencers and synthetic characters. Utilizing an AI-based platform, the company specializes in developing digital personas that businesses and content creators can use in their marketing efforts. By generating royalty-free faces through advanced neural networks, Malivar enables brands to significantly reduce production and advertising costs while minimizing the risks associated with human involvement in the burgeoning blogging industry. Through its innovative approach, Malivar provides a unique solution for companies seeking to enhance their digital presence and engage audiences effectively.

Talkbank

Seed Round in 2021
TalkBank LLC is a digital banking service provider located in Moscow, Russia, that leverages messenger applications to deliver financial services. Founded in 2016, the company specializes in virtual and digital banking solutions for both individuals and businesses. By utilizing natural language processing, TalkBank's platform allows users to interact with banking services through everyday conversational commands. The company offers a range of services, including prepaid cards, online wallets, payment processing, money transfers, and financial assistance via virtual chatbots. Additionally, TalkBank provides cryptocurrency-based bank cards and a virtual assistant named Buffet, which helps users analyze their personal finances and offers coaching through integration with social media platforms. Its innovative approach aims to automate and streamline customer engagement for banks while enhancing the overall user experience.

Mashina

Seed Round in 2021
Mashina is a car subscription service that offers a diverse array of automotive solutions through an annual subscription model. The company specializes in providing rental vehicles along with additional services such as car washes, tire fitting, maintenance, tow trucks, and roadside assistance. Customers can conveniently select their desired vehicles through a dedicated application, allowing them to access and utilize cars in a flexible and innovative manner. This approach aims to enhance the overall customer experience by streamlining vehicle access and maintenance services under one comprehensive platform.

Food Rocket

Seed Round in 2021
Food Rocket is a rapid grocery delivery startup founded in 2021, offering door-to-door delivery within 15 minutes of order placement. The company leverages AI-enabled technologies to manage warehouse stocks, forecast demand, and optimize delivery times by predicting the closest store for fastest and most cost-effective delivery. Food Rocket aims to change consumer buying habits from advance bulk purchasing to daily shopping, competing with major players like DoorDash, GoPuff, Amazon Fresh, and InstaCart. The company's platform specializes in a prediction AI engine and enterprise resource planning to manage product ranges specific to each location, ensuring customers can quickly purchase household necessities at local grocer prices without leaving home. Food Rocket does not charge delivery fees or require minimum order amounts.

Unitourn

Series A in 2021
Unitourn is a mobile gaming platform that organizes tournaments for popular games such as Call of Duty, PlayerUnknown's Battlegrounds, and Garena Free Fire. Participants can register on the platform and compete in daily competitions for cash prizes. The platform features a customer relationship management (CRM) system that analyzes the results of each match and displays them to all participants, allowing users to demonstrate their skills and earn rewards. By providing a structured environment for competitive gaming, Unitourn enhances the gaming experience while fostering a community of gamers.

Flomly

Seed Round in 2021
Flomly is a developer of a sales management service software in unorganized retail for distributors and manufacturers.

Vectorly

Seed Round in 2021
recommendations for developers

Fantasy Invest

Seed Round in 2021
Fantasy Invest is a stock market game based on proven fantasy sports mechanics. We combine the thrill of competition with the ups and downs of stocks. The Fantasy Stocks will be the next cultural phenomenon with millions of fans and players. And the numbers prove it! Launched in 2019, Fantasy Invest has a 65% month-over-month growth with 520К games played by 80К users. And this is not the limit! People don't want to mess up their real investments, but players can go wild and experiment with Fantasy Invest! And no one needs to be a Wall Street pro to take part in the rumble. In Fantasy Invest, players gather fantasy stock portfolios to compete against each other and conquer the Stock Hill. The app engages users in hourly, daily, or weekly stock contests based on real-time data It’s easy to pick stocks, earn coins & get cool prizes....and the season never ends.

Careerist

Seed Round in 2021
Careerist is an ed-fintech platform that specializes in training job seekers for various tech careers, including Quality Assurance, Sales, and Support. It addresses the growing demand for specific hard skills through fast training programs that can be completed in months, catering to individuals who prefer targeted education over traditional degree paths. Careerist's approach includes live and self-paced training sessions delivered by third-party tutors, along with adaptive learning software designed to prepare candidates for tech interviews. The platform also automates the job application process, enhancing candidates' chances of securing employment. Additionally, Careerist focuses on underserved communities by providing financial support and protection to those lacking access to traditional credit products, thus empowering a significant number of job seekers who might otherwise face barriers in pursuing tech careers.

Ducalis.io

Seed Round in 2020
Ducalis is a developer of a task prioritization system aimed at enhancing collaboration among online and offline product teams. The company's tool facilitates alignment around priorities by providing features such as real-time issue synchronization, issue evaluation, score calculation, and automatic ranking on a centralized priorities page. This system allows team members to access all relevant information in one location, thereby simplifying the decision-making process and improving overall efficiency in managing tasks.

CleverData

Pre Seed Round in 2020
CleverData is a company focused on personalizing advertising and communications through the use of Big Data and artificial intelligence. It has developed a comprehensive data management platform that enables businesses to monetize their data and enhance their data analysis capabilities. This platform offers a collection of ready-to-use components for creating private data management systems, as well as implementing marketing automation solutions. Additionally, CleverData specializes in data mining and machine learning algorithms, allowing businesses to build complex information systems for effective data processing and knowledge extraction.

Selvery

Pre Seed Round in 2020
Selvery is a SaaS platform. They create and manage customized content to help bridge the gap between the product owner and the sales channel. It is a presentation maker for salespeople.

MOZEN

Pre Seed Round in 2020
MOZEN offers taxi firms legal protection as well as instant payment for drivers, commission revenues, and fueling of vehicles. Their refunds and errors are apparent in the system, and payments from reliable drivers are promptly collected for payment. Drivers' applications are processed manually, and they create payment orders that any bank customer can understand. Upload orders, then handle them as normal payments.

QVALON

Pre Seed Round in 2020
QVALON is a software-as-a-service (SaaS) company that specializes in managing, analyzing, and enhancing in-store operations for retailers. Through its mobile applications and advanced analytics powered by artificial intelligence, QVALON continuously evaluates and improves operational processes. The company's platform facilitates workforce optimization and management by automating store audits and staff management tasks. It allows retailers to create checklists, manage operations, execute tasks, and track store-related issues. By leveraging analytics, QVALON aims to enhance performance and drive higher customer satisfaction and loyalty, ultimately improving the overall quality of the retail chain.

Antifraud Adviser

Pre Seed Round in 2020
Antifraud Adviser is a business intelligence and simulation system for countering fraud based on artificial intelligence.

No Paper

Pre Seed Round in 2020
No Paper offers electronic document management services. Their service has a built-in, enhanced electronic signature that is stored directly on the smartphone. Their clients can verify their identities online and sign documents using a smartphone.

KeyHabits

Pre Seed Round in 2020
KeyHabits is an employee experience management platform. It also offers feedback monitoring and recommendations to improve employee engagement at all stages of their life in the company.

Torus

Pre Seed Round in 2020
Torus is a technology company established by former executives from Mastercard, aimed at addressing the complexities banks and payment service providers face in managing payment scheme fees. The company offers a cloud-based software-as-a-service platform that enables these financial institutions to gain deeper insights into their card transaction costs. By leveraging existing data, Torus provides tools for detailed analysis, reconciliation, and forecasting of fees associated with payment schemes like Visa and Mastercard. This analytical capability helps clients identify cost-saving opportunities, streamline their operations, and potentially reduce expenses by up to 20%. Torus's solutions empower banks and payment service providers to enhance their profitability on card transactions while optimizing product pricing and eliminating inefficiencies in transactional profitability.

Friday

Pre Seed Round in 2020
Friday HR automates the path of an employee in the company, from hiring and adaptation to dismissal. They provide a corporate networking tool to help fast-track onboarding and improve training programs while providing HR with analytics.

Soundeon

Seed Round in 2020
Soundeon is a vertically integrated music platform that facilitates the buying and selling of music royalty rights through a transparent marketplace. By leveraging blockchain technology, the platform connects creators, institutional investors, and retail buyers, enabling them to access initial offerings and participate in the secondary royalty market. Soundeon offers a range of services, including song creation, copyright management, and the contractual sale of both existing and future music royalties. Additionally, the platform supports ticket sales and enhances fan engagement, allowing music artists to implement fair and transparent mechanisms for media rights administration and monetization, while fostering loyalty among their fan base.

Foody

Seed Round in 2020
Foody marketplace helps restaurants, dark stores, stores, and food suppliers find each other, chat, place orders, and maintain document flow on one platform.

MONQ

Pre Seed Round in 2020
MONQ uses naturally extracted and organic essential oils, harvested from eco-friendly farms. They simplified the process with the portable essential oil diffuser.

Dragon Family

Series A in 2020
Dragon Family World is a family-oriented social platform that utilizes artificial intelligence to enhance children's development of soft skills. The company has developed a mobile application aimed at helping children improve their interpersonal abilities through engaging and innovative teaching methods. This application includes features such as a point-based rewards system, daily progress reports, and suggestions for chores and family activities, allowing parents to effectively monitor their children's schedules and progress. By combining education with entertainment, Dragon Family World aims to make the development of essential life skills enjoyable for both children and their families.

Texel

Venture Round in 2020
Texel, Inc. is a Moscow-based company specializing in the design and manufacture of professional 3D scanners and software solutions for size recommendation and virtual try-on applications. The company’s flagship product, the Texel Portal, is renowned for its full-body scanning capabilities, enabling the creation of detailed 3D models of individuals and large objects. This scanner is characterized by its complete automation, instant visualization of scan results, and ease of transport and assembly. Texel employs advanced deep learning and computer vision technologies to generate photorealistic user avatars from a single photo, facilitating accurate body measurement predictions based on minimal user input. The company’s innovative solutions cater to a range of industries, including fashion, fitness, and entertainment, by enabling clients to produce 3D models for various applications such as clothing selection, fitness tracking, and realistic animations. Texel has established a global presence, with its scanners being sold in over 25 countries, underlining its reputation as a leader in the 3D scanning market.

Datamania

Series A in 2020
Datamania is a Russian company that offers a platform for the secure management of personal data. The service enables individuals to connect directly with businesses, facilitating the monetization of their personal information. By providing users with the tools to manage their data, Datamania empowers them to obtain guaranteed income from its use. In a market where personal data has become a significant revenue source for numerous organizations, Datamania positions itself as a key player in promoting responsible data ownership and utilization.

AgentApp

Series A in 2019
AgentApp is a Russian company founded in 2010 that specializes in developing software for insurance brokers and agents. Its online platform facilitates the sale of insurance products by allowing agents to create personalized accounts for their customers, enabling efficient policy management and renewal reminders. The platform includes an EOSAGO sales module designed to enhance website conversion and facilitate online policy sales. AgentApp's software features an intuitive interface for managing clients, policies, payments, and sales workflows, along with accounting capabilities such as invoice creation and automated emailing. Additionally, it offers customizable options and online cloud storage, empowering insurance agents and brokers to oversee the entire sales process and effectively manage all aspects of insurance policies.

2UP digital

Seed Round in 2019
2UP digital is an IT solution provider that develops tools to solve the decision-making problems of companies. The company creates IT solutions that help businesses work more efficiently while earning more. It also offers transformation of IT development using growth tools for businesses.

Ubirator

Pre Seed Round in 2019
Ubirator is a waste management service focused on promoting environmental sustainability for businesses. The company optimizes garbage collection costs by implementing a flexible tariff and payment system, providing monthly closing documents to clients. Ubirator offers a range of services, including collection, disposal, and industry-leading recycling solutions, allowing businesses to efficiently manage their waste while meeting their environmental objectives. Through its timely and reliable services, Ubirator supports clients in reducing their ecological footprint and enhancing their overall waste management practices.

Expeditor.Pro

Seed Round in 2019
Expeditor.Pro is a software-as-a-service (SaaS) platform designed to streamline freight management in Russia. The company offers a cloud-based solution that automates various aspects of freight transportation by road. Its platform facilitates connections between users and freight forwarding enterprises as well as couriers, allowing for the selection of suitable carriers and the formation of optimal transportation routes. Additionally, it provides real-time vehicle location monitoring, dynamic slot distribution for loading and unloading operations, and automatic document flow management between involved parties. By enhancing operational efficiency, Expeditor.Pro enables freight companies to effectively manage their business processes and finances while optimizing costs related to IT infrastructure and contractor interactions.

VIM

Seed Round in 2019
VIM is a startup in the PropTech industry.

Infobot

Seed Round in 2019
Infobot automates routine tasks associated with calling a large number of customers.

Handswork

Seed Round in 2019
Handswork is an online service for companies that use manual labor, allowing them to hire temporary labor.

Altair Digital

Seed Round in 2019
Altair Digital is an innovative company specializing in the development of projection equipment and the distribution of fulldome content for digital planetariums. The company focuses on providing affordable, high-quality solutions, offering a comprehensive range of services including the design and manufacture of inflatable and fixed domes for portable planetariums and spherical theaters. Additionally, Altair Digital produces and dubs fulldome shows and develops hardware and software to ensure safe content distribution. By leveraging virtual reality technology, the company also offers business tools tailored for educational systems, enabling clients such as summer camps and educational centers to deliver immersive virtual reality experiences for children's events.

All Hardware

Seed Round in 2019
All Hardware- is an international service of remote access to debug boards of various manufacturers.

DataFuel

Seed Round in 2019
DataFuel Inc. is a technology company based in Russia that specializes in behavioral analytics and psychological profiling. The firm utilizes neural networks and machine learning to analyze social media profiles, identifying users' interests, personality traits, and behavioral patterns. Through its innovative platform, DataFuel assists businesses in crafting personalized communication strategies across social media, email, and web channels. By leveraging external data sources, the company enhances the efficiency of sales in remote channels, enabling clients to better understand and engage with their customers.

CreditCall

Seed Round in 2019
Creditcall is a large specialized call center for financial institutions. The main activity is to attract customers for banks and microcredit companies.

Amlab

Seed Round in 2019
Amlab is an educational technology company established in 2014, headquartered in Saint-Petersburg, Russia. It specializes in developing and delivering online courses focused on post-production and color grading techniques in filmmaking. The platform offers courses tailored to various creative disciplines, including mobile photography, Davinci Resolve editing and color grading, Fusion compositing, Final Cut Pro X color grading, and audio post-production. Amlab's mission is to make education accessible, convenient, and engaging for individuals pursuing careers in these creative fields.

WORKHANDS

Pre Seed Round in 2019
WorkHands is a cloud-based robotic service for businesses and individuals that allows them to hire temporary labor at a fixed price to perform any unskilled work. For searching, hiring and providing the necessary personnel, the service uses an automated algorithm and predictive-type artificial intelligence. Payment of work occurs by bank transfer through the service. The internal system of the “Working Hands” project consists of server and client parts (mobile and web applications), a separate robotized telephony module, and external partner services connected to the system via API: FTS (self-employed tax calculations), Yandex.Money service (online-payments), Yandex.Maps (geolocation), Sms.ru (SMS service), Onesignal (Push-notifications), Point Bank (Financial calculations), TalkBank (Financial calculations). The system has open modular structure with APIs to integrate it in into partner services (white-label solutions). The project “Working Hands” has 2 key processes: the selection of contractors and check whether the contractor will come to the client’s site on time or not. In order to implement the business process for the selection of contractors, the “Working Hands” project managers place advertising notices on various work sites and forums. Customers and workers who call these ads meet a voice robot that implements the following steps: 1. Lead generation and client qualification via AI. 2. Making an application via AI 3. Selection of contractors for an application via AI 4. Control of answer the application and work starting with AI. 5. Work execution 6. Work Completion, calculation, financial transactions 7. Ratingscomplaints, claims. 8. Add workers to favorites. 9. Data fixation for further AI training. The key business process of the Workers Hands project is to verify that the Customer receives the contractors at their facility at the right time. The system of work with Customers and Contractors functions as follows: a phone call is made using one of the available methods for implementing such a call: - Own virtual PBX based on Asterisk - Services similar to VoxImplant or Oktell The synthesized voice welcomes the client / contractor and offers to place an order or become a contractor. The user further communicates with the system in the voice dialogue mode. The user's speech in the form of an audio stream is transmitted to a recognition server built on Yandex, Microsoft LUIS and Google technology (voice generation is performed on a similar technology stack). The recognition server turns the audio stream into text, and the text then enters a service that classifies the intents of the user. The training of the classifier of intents is conducted on the base of dialogues of contractors and partners with the operators of the “Workers Hands” project. The technological base of the intent analysis system is built on bidirectional LSTM neural networks with the attention-mechanism. According to the results of the classification of "intents", one or several models are selected, which are used for testing one or another "intent". In the case of the “Workers Hands” project, the main processor after the definition of “intents” is form-filling system. The form-filling system is built on the basis of structural representations, which can be called a frame. For example, a frame for placing an order for cleaning the territory after construction may consist of the following fields: - type of work - Address of the object - duration of work - preferred work date (date-recognition task) - target cost of work The field values are recognized by specialized analyzers based on regular expressions, dictionaries and individual classifiers. Recognized values are transmitted to the CRM-system, which forms the order. If any value was not recognized, the system sends information to the module, which is called Dialog Manager. This module is responsible for managing the process of dialogue with the user and decides the information to be requested. The Dialog Manager module uses for its work specialized configuration files in XML format, where the rules of work, sequences of dialogues and response templates are written. A graphical interface is also provided for the dialog module, which allows managers to build requestresponse sequence trees without the need to have knowledge of programming languages. This module contains a set of pre-configured dialogue templates, formed on the basis of audio recordings of communication between laborers and workers of the Workers Hands project. A number of heuristics are also being developed that improve the quality of the system, in particular, the form-filling system core technology is used to resolve anaphores and ellipsis. The additional module that is available in our system is a “chit-chat” or third-party communication module, which is also used for tasks when the bot could not answer the questions asked by users. The “chit-chat” module is based on a DSSM-like neural network with two blocks performing encoding (one for the system response and one for the current dialogue context). The system also provides for textual communication with customers and contractors through the most popular communication channels, which include Facebook, Telegram, Viber, Vkontakte, Telegram, WhatsApp. Communication can be initiated by the Workers Hands system, as well as by the contractorlaborer. A set of elements IT infrastructure based on docker containers and a system of orchestration and load control, ready for deployment in popular PaaS (Heroku, Azure, Google.AppEngine, Amazon Web Services). Ubuntu Linux operating systems.

Medical Information Solutions

Series A in 2019
Medical Information Solutions is focused on enhancing healthcare delivery through innovative mobile services for both medical professionals and patients. Their flagship product, The Doctor's Handbook, is a free reference tool designed to assist physicians in making informed daily decisions. Additionally, the "My Health" application enables users to manage their medications, store medical records, and monitor vital signs. The company’s digital healthcare platform also includes specialized handbooks, medical calculators, and a comprehensive medical library, ensuring that healthcare providers have quick access to essential information. By integrating these resources, Medical Information Solutions aims to improve the quality of medical care and promote medical literacy among patients.

BBsit

Seed Round in 2019
Bbsit is a Moscow-based company founded in 2018 that specializes in providing babysitting services to busy parents. The company offers a range of services, including hourly babysitting, tutoring, and transportation of children to and from school or kindergarten. Bbsit ensures that all nannies undergo a thorough multi-stage interview process and receive additional training to ensure quality care. By offering these services, Bbsit allows parents to free up their time for work or personal activities, catering to their specific needs regarding childcare.

Bartello

Seed Round in 2019
Bartello is a Moscow-based company that offers a mobile application designed for ordering and paying for food and drinks in bars, clubs, and restaurants. The application enables users to locate nearby establishments, browse menus, and complete transactions seamlessly. By streamlining the ordering process, Bartello enhances the dining and nightlife experience for its customers in the vibrant Moscow market.

Biometric Identification Data

Seed Round in 2019
BID developed an authorisation form for websites and mobile apps by replacing login and password forms to a facial recognition system.

Hello World

Seed Round in 2019
Hello World is an online programming school based in Saint Petersburg, Russia, founded in 2018. It specializes in teaching programming to children aged 8 to 16, offering a range of courses in web development, Python programming, and the creation of games and mobile applications for both Android and iOS platforms. The company provides individualized online lessons with live instructors, fostering computer literacy and digital skills among young learners. By adapting its curriculum to fit students' schedules, Hello World aims to cultivate an interest in programming through engaging and accessible digital education.

ART-MOST.COM

Seed Round in 2019
ART-MOST.COM is a large-scale federal marketplace selling art objects. Reflecting its name, the project is a reliable bridge that connects those who create the material from the non-material - that is, artists, and those who are ready to acquire their works - buyers.

SweetClub

Seed Round in 2019
Sweet Club is a sweets delivery service.

RusTrans.info

Seed Round in 2019
RusTrans.info is an online platform based in Chelyabinsk, Russia, that facilitates access to various transportation services. It allows users to search and compare prices for taxi, shipping, car rental, and delivery services, including food and goods. The platform caters to private clients, offering additional services such as interpreters and guides. For transportation companies, RusTrans.info provides tools for business intelligence and call center support, enabling them to optimize their operations and enhance customer service. By aggregating diverse transportation options, the platform empowers users to make informed decisions and select services that best meet their needs while potentially minimizing costs.

Versal Broker

Seed Round in 2019
Versal Finance provides insurance services. Their insurance products include those for private individuals, property of legal entities, liability of legal persons, financial risk insurance, personnel insurance, and construction companies and industries.

Cinemood

Series A in 2019
Cinemood is a company that specializes in developing portable mini cinema projectors aimed at delivering curated content for children. Based in San Francisco and Moscow, Cinemood's projectors are equipped with features such as a rechargeable battery, Wi-Fi and Bluetooth connectivity, built-in speakers, and internal memory, allowing users to project content onto any surface. The devices support mobile device screen mirroring and provide access to a diverse collection of movies, cartoons, audio stories, and digital books. Operating in 150 countries, Cinemood has achieved significant revenue milestones, positioning itself as a notable player in the children's entertainment sector.

Brandquad

Series A in 2019
Brandquad LLC specializes in providing a comprehensive product content management suite tailored for manufacturers, retailers, and distributors. Founded in 1998 and based in Moscow, Russia, the company enables its clients to create, enrich, manage, and export high-quality product content. Its platform facilitates collaboration across departments by assigning tasks as new products are introduced and supports the syndication of product content throughout the commerce ecosystem. Brandquad also offers valuable ecommerce insights and analytics to enhance sales performance. The suite includes features for product information management, digital asset management, and data distribution, alongside tools like BuyButton to drive online sales and analyze consumer behavior and retailer performance. Additionally, Brandquad provides architecture planning, technical deployment, training, and ongoing support services.

Gerda

Seed Round in 2019
Gerda is a company that specializes in providing construction and installation workers, as well as offering a snow removal service aimed at enhancing the safety of residential and commercial properties. The company's subscription model allows customers to access unlimited snow clearance services at their location throughout the duration of the contract. Gerda also employs a worker automation service that streamlines operations, significantly reducing the time needed to complete snow removal tasks. This combination of services enables clients to enjoy efficient and hassle-free solutions for their construction and snow management needs.

Genius Negotiations Online

Seed Round in 2019
Genius Negotiations Online is a provider of innovative online training programs designed to enhance employee skills in negotiation. The company develops a training platform that employs gaming mechanics to engage users, making learning more accessible and enjoyable. This platform allows employees to participate in on-the-job training from any device and at any time, aiming to improve their negotiation capabilities. By fostering these skills, Genius Negotiations Online helps businesses reduce customer churn and drive sales growth, ultimately contributing to enhanced overall performance in customer interactions.

GetSmart

Seed Round in 2019
GetSmart is a software development firm specialising in creating smart contracts, investor dashboards, and minimum viable products (MVPs) for client projects within the blockchain and cryptocurrency sectors. The company has developed smart contracts for notable projects such as Sharpe Capital, Hade, Globitex, CLN, STAY.VIP, KIMERA, Golden Phoenix, and ICOs. GetSmart's platform efficiently reviews blockchain protocol documentation and initiates project development swiftly, offering clients rapid software solutions to facilitate smart contract creation.

TOscan

Seed Round in 2019
TOscan owns and operates a business to business service platform for car maintenance.

Cmbizness

Seed Round in 2019
Cmbizness helps banking and insurance agents, realtors, car repair shops and other b2c-entrepreneurs to sell additional services and interact with customers.

Playkey

Series B in 2018
Playkey is a cloud gaming company based in Russia that offers a platform for users to play high-quality video games on various devices, including smartphones, tablets, smart TVs, and low-performance equipment. Utilizing its adaptive game streaming protocol powered by artificial intelligence, Playkey delivers an impressive gaming experience with Full HD resolution at 120 frames per second and low latency of 4 milliseconds. The service operates by running games on powerful servers and streaming them to users, who only need a device capable of displaying video and a broadband internet connection of at least 4 Mbps. By employing advanced video encoding and streaming technology, Playkey makes modern 3D games accessible without the need for high-performance CPUs or GPUs, allowing gamers to enjoy a broad range of titles using a simple controller and a small plugin. The company's mission is to ensure that gaming is available to everyone, everywhere.

Pharm Znanie

Series A in 2018
Pharm Znanie is an online educational platform based in Novosibirsk, Russia, that focuses on enhancing the profitability and efficiency of pharmacies and pharmaceutical companies. Founded in 2016, the company offers a range of training services, including seminars, webinars, conferences, and certification courses tailored for pharmacists, pharmacy managers, purchasing managers, and marketing professionals. By providing these educational resources, Pharm Znanie enables participants to gain essential medical knowledge and improve their strategic management skills without disrupting their work schedules. Additionally, the company operates an online marketplace that facilitates marketing contracts between drugstore chains and pharmaceutical firms, further integrating its services within the industry.

Stafory (Robot Vera)

Series A in 2018
Stafory is the first service created for employers and HR-agencies in Russia and the creator of Robot Vera - the robot-recruiter. In three hours it goes through the whole chain of the hiring process, finds the best candidates for a job, and invites them to the final interview with the employer. Vera is multitasking, professional and can work anywhere in the world. Our goal is to simplity the process of searching a reliable partner in the field of recruitment, and allow recruitment agencies to have access to an unlimited amount of employers' applications for recruitment services

Leadza

Seed Round in 2018
Leadza is a technology company that specializes in advertising software aimed at supporting e-commerce businesses in enhancing their online sales. The company's platform utilizes machine learning to analyze socio-demographic characteristics and customer behavior, allowing clients to identify potential buyers within specific niches on social media. Designed for beginner marketers, Leadza's software streamlines the campaign optimization process, enabling users to save significant time—up to 10 hours per week—while improving overall campaign performance by 30% through the implementation of daily optimization suggestions.

Starfish24

Seed Round in 2018
Starfish24 offers a solution to retailers with physical stores that helps grow their revenue and market share by implementing new omnichannel business processes. We offer IT-platform to manage order life cycles across all touchpoints with customers and logistics. Predefined but flexible business-process library for new fulfillment models: Click & Collect, Click and Reserve, Ship from Store, Ship from Warehouse, Marketplace integrations.

Myguru.ru

Seed Round in 2018
Myguru is an online platform based in Moscow, Russia, designed to assist users in finding professionals for various household services, including repairs, equipment installation, cargo transport, and cleaning. By connecting customers with service providers, Myguru aims to save time and money, making it easier for individuals to access the help they need for their home-related tasks. The platform streamlines the search process, ensuring that users can quickly identify suitable professionals for their specific requirements.

AgentApp

Seed Round in 2018
AgentApp is a Russian company founded in 2010 that specializes in developing software for insurance brokers and agents. Its online platform facilitates the sale of insurance products by allowing agents to create personalized accounts for their customers, enabling efficient policy management and renewal reminders. The platform includes an EOSAGO sales module designed to enhance website conversion and facilitate online policy sales. AgentApp's software features an intuitive interface for managing clients, policies, payments, and sales workflows, along with accounting capabilities such as invoice creation and automated emailing. Additionally, it offers customizable options and online cloud storage, empowering insurance agents and brokers to oversee the entire sales process and effectively manage all aspects of insurance policies.

Debitorka Online

Seed Round in 2018
Debitorka Online specializes in online debt collection services aimed at simplifying the receivables recovery process for businesses. By automating and unifying the recovery procedures, the company enables clients to efficiently recover outstanding debts. Debitorka Online leverages electronic engagement with entities such as rosreestr and Sberbank to facilitate quick recoveries from creditors, offering a streamlined solution that enhances the efficiency of debt collection.

CargoTech

Seed Round in 2018
CargoTech Inc. is a logistics company based in Moscow, Russia, that specializes in freight transportation by road. Founded in 2016, CargoTech has developed a logistics application that connects drivers with cargo owners, facilitating the efficient transfer of various types of goods, including furniture, household items, pets, documents, food, building materials, and more. The platform enhances shipment efficiency by utilizing available cargo space in trucks, identifying optimal routes through trusted carriers, and providing comprehensive cargo insurance. By streamlining logistics processes and offering valuable recommendations, CargoTech aims to reduce costs for transport companies and cargo owners while improving overall operational efficiency.

Praktika

Seed Round in 2018
Praktika is a collective of local wellness experts focused on providing a comprehensive wellness sharing platform. It is designed to prioritize end-to-end dental solutions through a user-friendly web application. In addition to its wellness services, Praktika also develops a management platform tailored for beauty salons and barbershops. This platform aims to reduce customer loss by utilizing personalization and analytics. It offers features such as payroll and invoice management, calendar and online scheduling, warehouse management, integration with online cash registers and barcode scanners, as well as management for franchise networks. By streamlining these administrative processes, Praktika enables clients to save time and increase revenue.

Umniy Polis

Seed Round in 2018
Smart policy is a platform for calculating and selling insurance through the website itself. They offer a range of services in the field of IT implementation in insurance departments and insurance companies, including software development, IT consulting, the implementation of business applications, and IT outsourcing, enabling clients to select insurance offers, fill in the order conditions, and choose the delivery terms through the website.

Time Saving Machine

Seed Round in 2018
Time Saving Machine is a courier and logistics company based in Moscow, Russia, established in 2018. It specializes in the delivery of letters, parcels, and cargo both domestically and internationally. The company caters to various business needs by handling shipments such as documents, catalogs, spare parts, dangerous goods, and liquids, often requiring coordination with government agencies, airports, and customs. Additionally, Time Saving Machine offers packaging services, customs clearance, and solutions for inquiries, along with an online platform that allows users to compare shipping prices. Its focus on efficiency aims to enhance the international express delivery process for businesses and corporate clients seeking cost-effective shipping solutions.

Bookerson

Seed Round in 2018
Bookerson is a Moscow-based company that specializes in publishing personalized books for children. It focuses on creating personalized fairy tales designed to address children's fears and promote emotional awareness. By tailoring stories to individual experiences, Bookerson aims to engage young readers in a meaningful way, fostering both literacy and personal growth.

Cashee

Seed Round in 2018
Cashee offers speech and video analytics to produce added value for businesses. Cashee's speech analytics solution caters to offline retail, call centers, and emotion analytics while its video analytics solution is used for face personalization, people counting on queues, and construction sites.

Sliza - Social Commerce Platform

Seed Round in 2018
Sliza enables influencers or KOL to become a social media reseller through automating order processing on social media sites Right now more than our 350,000 resellers are spending 40 hours to upload 5 mln products to social media sites every week - they are losing money because they can’t process all these received orders efficiently.

First Data

Seed Round in 2018
First Data, LLC is a media platform based in Moscow, Russia, founded in 2017. The company specializes in assisting advertisers by connecting them with online users based on their offline and online purchasing behaviors. It collects non-personalized information regarding purchases from various retail sectors, including pharmacies, grocery stores, and service providers. By segmenting this data, First Data enables advertisers to target their campaigns more effectively, reaching individuals who have previously shown a genuine interest in specific products or services, rather than a random audience. This targeted approach enhances the efficiency of advertising efforts across various industries, such as pharmaceuticals, banking, and consumer goods.

UrbaniEco

Seed Round in 2018
UrbaniEco is a Moscow-based farming school established in 2016, dedicated to promoting urban farming through online courses aimed at beginners. The organization focuses on equipping individuals with the skills and knowledge needed to cultivate food in urban environments, enabling them to start their own farming ventures in a short timeframe. UrbaniEco's platform offers a comprehensive range of educational resources covering various modern farming techniques, including hydroponics, aquaponics, and aeroponics. By providing these training opportunities, the company empowers aspiring entrepreneurs to grow fresh and healthy food year-round, irrespective of climatic conditions.

Working Hands

Seed Round in 2018
Working Hands is an internet company that focuses on the creation of an automated platform for providing business with labor resources and scientific and technical research in the field of personnel selection. The company specializes in the fields of investment, labor resources, and scientific research.

DataFuel

Seed Round in 2018
DataFuel Inc. is a technology company based in Russia that specializes in behavioral analytics and psychological profiling. The firm utilizes neural networks and machine learning to analyze social media profiles, identifying users' interests, personality traits, and behavioral patterns. Through its innovative platform, DataFuel assists businesses in crafting personalized communication strategies across social media, email, and web channels. By leveraging external data sources, the company enhances the efficiency of sales in remote channels, enabling clients to better understand and engage with their customers.

WORKHANDS

Pre Seed Round in 2018
WorkHands is a cloud-based robotic service for businesses and individuals that allows them to hire temporary labor at a fixed price to perform any unskilled work. For searching, hiring and providing the necessary personnel, the service uses an automated algorithm and predictive-type artificial intelligence. Payment of work occurs by bank transfer through the service. The internal system of the “Working Hands” project consists of server and client parts (mobile and web applications), a separate robotized telephony module, and external partner services connected to the system via API: FTS (self-employed tax calculations), Yandex.Money service (online-payments), Yandex.Maps (geolocation), Sms.ru (SMS service), Onesignal (Push-notifications), Point Bank (Financial calculations), TalkBank (Financial calculations). The system has open modular structure with APIs to integrate it in into partner services (white-label solutions). The project “Working Hands” has 2 key processes: the selection of contractors and check whether the contractor will come to the client’s site on time or not. In order to implement the business process for the selection of contractors, the “Working Hands” project managers place advertising notices on various work sites and forums. Customers and workers who call these ads meet a voice robot that implements the following steps: 1. Lead generation and client qualification via AI. 2. Making an application via AI 3. Selection of contractors for an application via AI 4. Control of answer the application and work starting with AI. 5. Work execution 6. Work Completion, calculation, financial transactions 7. Ratingscomplaints, claims. 8. Add workers to favorites. 9. Data fixation for further AI training. The key business process of the Workers Hands project is to verify that the Customer receives the contractors at their facility at the right time. The system of work with Customers and Contractors functions as follows: a phone call is made using one of the available methods for implementing such a call: - Own virtual PBX based on Asterisk - Services similar to VoxImplant or Oktell The synthesized voice welcomes the client / contractor and offers to place an order or become a contractor. The user further communicates with the system in the voice dialogue mode. The user's speech in the form of an audio stream is transmitted to a recognition server built on Yandex, Microsoft LUIS and Google technology (voice generation is performed on a similar technology stack). The recognition server turns the audio stream into text, and the text then enters a service that classifies the intents of the user. The training of the classifier of intents is conducted on the base of dialogues of contractors and partners with the operators of the “Workers Hands” project. The technological base of the intent analysis system is built on bidirectional LSTM neural networks with the attention-mechanism. According to the results of the classification of "intents", one or several models are selected, which are used for testing one or another "intent". In the case of the “Workers Hands” project, the main processor after the definition of “intents” is form-filling system. The form-filling system is built on the basis of structural representations, which can be called a frame. For example, a frame for placing an order for cleaning the territory after construction may consist of the following fields: - type of work - Address of the object - duration of work - preferred work date (date-recognition task) - target cost of work The field values are recognized by specialized analyzers based on regular expressions, dictionaries and individual classifiers. Recognized values are transmitted to the CRM-system, which forms the order. If any value was not recognized, the system sends information to the module, which is called Dialog Manager. This module is responsible for managing the process of dialogue with the user and decides the information to be requested. The Dialog Manager module uses for its work specialized configuration files in XML format, where the rules of work, sequences of dialogues and response templates are written. A graphical interface is also provided for the dialog module, which allows managers to build requestresponse sequence trees without the need to have knowledge of programming languages. This module contains a set of pre-configured dialogue templates, formed on the basis of audio recordings of communication between laborers and workers of the Workers Hands project. A number of heuristics are also being developed that improve the quality of the system, in particular, the form-filling system core technology is used to resolve anaphores and ellipsis. The additional module that is available in our system is a “chit-chat” or third-party communication module, which is also used for tasks when the bot could not answer the questions asked by users. The “chit-chat” module is based on a DSSM-like neural network with two blocks performing encoding (one for the system response and one for the current dialogue context). The system also provides for textual communication with customers and contractors through the most popular communication channels, which include Facebook, Telegram, Viber, Vkontakte, Telegram, WhatsApp. Communication can be initiated by the Workers Hands system, as well as by the contractorlaborer. A set of elements IT infrastructure based on docker containers and a system of orchestration and load control, ready for deployment in popular PaaS (Heroku, Azure, Google.AppEngine, Amazon Web Services). Ubuntu Linux operating systems.

Yord

Seed Round in 2018
Yord is a developer of training software focused on enhancing corporate training through innovative methods. The company specializes in creating solutions for training chatbots and blended learning projects that integrate face-to-face, mobile, and e-learning formats. Yord’s software is designed to equip employees with essential skills in areas such as sales, management, corporate values, and various communicative and behavioral competencies. By facilitating virtual training, Yord enables businesses to effectively train their workforce from remote locations, thus improving accessibility and flexibility in employee development.

NEOS

Seed Round in 2018
NEOS is an insurance service provider that specializes in Smart CASCO insurance, which protects motor vehicles. The company allows customers to calculate costs and purchase insurance policies online, streamlining the registration and receipt process. NEOS aims to minimize risks for vehicle owners by offering policies that cover unexpected expenses arising from accidents, thereby ensuring that customers can safeguard their vehicles against unforeseen circumstances.

Unomika

Seed Round in 2018
Unomika is a company focused on streamlining the process of obtaining mortgages for property purchases. By automating various steps involved in the mortgage application and approval process, Unomika aims to save customers both time and money. Their innovative service simplifies the complexities of securing a mortgage, ultimately providing users with a more efficient and profitable experience when making a home purchase.

Okogram

Seed Round in 2018
Okogram is a company that specializes in a sales and marketing platform aimed at helping businesses promote their products and services on Instagram. The platform offers a range of features, including automatic welcome messages, subscriber mailings, scheduled publications, automated responses to incoming messages, and autoposting of updates to a subscriber base. By utilizing these tools, Okogram enables users to enhance their reach, attract new subscribers, and drive additional sales.

Memes For Brands

Seed Round in 2018
Memes For Brands is a company based in Moscow, Russia, that operates a platform designed for the organization and search of social media copywriters' work. The platform facilitates the production of social media content, enabling businesses to engage with their audiences effectively. By leveraging a diverse range of contributors, including artists, photographers, musicians, and writers, Memes For Brands supports various projects within the digital ecosystem. This approach aims to enhance the interaction between brands and their audiences, providing a positive experience through creative content marketing solutions.

Handswork

Seed Round in 2018
Handswork is an online service for companies that use manual labor, allowing them to hire temporary labor.

Cyberarena.pro

Seed Round in 2018
CyberArena is a company based in Irkutsk, Russia, that specializes in online gaming applications. Its platform includes various features designed to enhance user engagement and competition, such as a ladder for competitive play, daily events like Cyber War for premium users, individual ratings through a feature called Sprint, and a self-assessment task known as Progress. Additionally, CyberArenaPro offers automated game analysis and rewards players for their victories, further enriching the gaming experience.

Jetlex

Pre Seed Round in 2018
Jetlex is a technology company founded in 2018 and based in Moscow, Russia, specializing in automated data extraction from documents. Utilizing advanced machine learning algorithms, including optical character recognition and named entity recognition, Jetlex offers a highly accurate software solution that streamlines the processing of incoming documents. This technology significantly reduces the time required for manual data entry, allowing businesses to enhance efficiency by reallocating their workforce to more critical tasks. By minimizing processing costs and improving accuracy, Jetlex supports clients in optimizing their document management workflows.

RD17

Seed Round in 2018
RD17 specializes in developing advanced information and analytical systems tailored for the security services sector of large enterprises. The company offers IT consulting services that focus on enhancing security protocols by automating the evaluation of the reliability of customers, potential employees, and contractors. By employing machine learning algorithms, RD17 provides solutions that can streamline and potentially replace traditional security services, allowing businesses to implement more efficient and cost-effective measures.

Roomberry

Seed Round in 2018
Roomberry is a real estate search platform that focuses on new buildings in Moscow and St. Petersburg. The company offers a comprehensive database of proposals for these developments, providing users with access to current information on existing new buildings. Its platform facilitates direct communication between customers and developers, enabling users to filter projects based on various criteria such as room count, area, and construction status. Additionally, Roomberry includes tools for mortgage calculation, enhancing the user experience by streamlining the search for suitable apartments directly from developers.

Smart Distribution

Seed Round in 2018
Smart Distribution is a technology company that specializes in providing an aggregator platform for food suppliers. Its software enables producers and suppliers to streamline direct deliveries to retail shops, enhancing efficiency in the supply chain. By offering secure and feature-rich online store creation tools, Smart Distribution helps its users reduce operational costs and minimize staffing needs. The company's innovative approach supports food suppliers in organizing their logistics more effectively, ultimately facilitating better access to markets and improving overall distribution processes.

ODIN

Seed Round in 2018
ODIN is a company founded in 2004 and based in Moscow, Russia, specializing in cloud-based applications for the real estate sector. Its software is designed to enhance market management and operational efficiency within real estate, facilitating processes such as winning tenders and improving interactions with tenants and residents. The company's applications also focus on maintenance automation, enabling clients to optimize employee performance, minimize tenant turnover, increase cost transparency, and accurately assess property conditions. Through its innovative solutions, ODIN aims to address key challenges in real estate management and operations.

InSize

Pre Seed Round in 2018
InSize is a company focused on enhancing the efficiency of logistics in e-commerce and distribution. It has developed an innovative dimension measurement device that utilizes a 3D camera and scales to accurately measure objects of various shapes and sizes. This technology is designed to streamline the logistics process by eliminating the need for manual measurement by warehouse employees. InSize's device integrates seamlessly with Warehouse Management Systems (WMS), allowing logistics companies to accelerate cargo handling and reduce transportation costs. Through these advancements, InSize aims to support directors of major online stores and distributors in improving their service levels while lowering operational expenses.

Vezdefon

Seed Round in 2018
Vezdefon is an electronics company specialized in developing remote control devices tailored for contact with door security systems from a distance. The company's innovative device includes an intercom system that allows users to communicate directly with their security system, sending signals to their mobile phones. This feature is particularly beneficial for low-mobility individuals and the elderly, enabling them to unlock doors easily by answering a mobile call. Through its technology, Vezdefon aims to enhance accessibility and security for users in various living environments.

PIM Solutions

Series A in 2018
PIM Solutions, established in 2012, operates within the e-commerce sector, focusing on facilitating settlements between sellers and buyers engaged in distance trading. The company has earned the trust of over 2,500 customers and is dedicated to advancing the e-commerce industry in Russia. PIM Solutions offers a platform for working capital financing that allows online retailers to receive cash prior to the delivery of goods. This platform utilizes a comprehensive purchase rate that takes into account various parameters, including customer location, purchase history, type of parcel, and gender. By enabling retailers to analyze and optimize their logistics and financial processes, PIM Solutions plays a significant role in enhancing the operational efficiency of e-commerce businesses.

My Family Tracker

Seed Round in 2018
My Family Tracker is the free cross-platform family GPS locator and multi-purpose family helper.

Agrofly International

Seed Round in 2018
Agrofly International specializes in the manufacture of agrocopters designed for disease recognition and crop processing in agriculture. The company produces innovative agrocopter sprayer products that utilize ultra-low-volume spraying technology, enhancing the efficiency of agricultural practices. These products are constructed with heavy-duty, lightweight carbon body propellers and feature robust brushless motors specifically engineered for sprayer drills. The design ensures durability and resistance to water and dirt, making them suitable for various farming conditions. By providing advanced tools for identifying crop diseases and facilitating crop processing, Agrofly International aims to support farmers in managing their crops more effectively and at a reduced cost.

Finansist

Seed Round in 2018
Finansist is a cloud service of financial planning and management analysis.

Wasteout

Seed Round in 2018
Wasteout is a waste management platform. The cloud platform allows online monitoring of the state of the waste and recyclable materials collections in the selected service area. With the help of the platform you can plan the waste removal and control its result. The platform contains many useful functions that allow not only to manage the waste transportation process but also to analyze its results. The data that accumulate in the platform data bases are repeatedly protected from unauthorized, intentional or accidental disclosure, modification or destruction.
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