Chernovetsky Investment Group

Chernovetsky Investment Group is an investment company and venture capital firm based in Kyiv, Ukraine. It is a leading venture capital player in Eastern Europe and supports projects at all development stages, from startups to mature companies. The firm emphasizes partnerships with current owners rather than takeovers, focusing on collaboration with existing management. Its investment priorities cover innovative development and technologies, with emphasis on internet and information technology, including cloud computing, mobile applications, data management, big data, electronic payment systems, and software.

Volodymyr Kryvko

Managing Partner

Past deals in Eastern Europe

Zakaz.ua

Series A in 2020
Zakaz.ua is a prominent online grocery delivery service based in Kyiv, Ukraine, founded in 2010. The company operates in 15 cities across Ukraine, as well as in Chisinau, Moldova, and Tashkent, Uzbekistan. Zakaz.ua partners with major retail chains, including Auchan, METRO, and Novus, to provide customers with a seamless grocery shopping experience at shelf prices, without any mark-ups. The platform boasts a proprietary IT system designed to efficiently accept, process, and deliver orders, offering both same-day and scheduled delivery options. Zakaz.ua focuses on delivering high-quality service and convenience to its users, establishing itself as a reliable partner for grocery retailers and a leader in the region's online grocery market.

Foodout Group

Series A in 2017
Foodout.lt is an online food ordering platform that simplifies the process of ordering food through the internet and mobile devices. Catering to users in Lithuania, Latvia, and other regions, Foodout.lt connects hungry customers with local restaurants, enhancing the takeout experience. It holds a leading position in the Baltic countries and Ukraine, with a significant presence in Belarus and Iran. The company aims to expand its influence further, targeting leadership in the CIS and CEE markets. By providing a user-friendly interface for online orders and deliveries, Foodout.lt is transforming the way people enjoy food takeout.

Softcube

Seed Round in 2017
SoftCube LLC is a technology company based in Dnipropetrovsk, Ukraine, founded in 2014. It specializes in providing solutions that help businesses transform customer data into sales. The company offers a range of services, including product recommendations for online stores that suggest items similar to what customers have viewed or added to their carts, as well as personalized email campaigns and push notifications. SoftCube also develops an artificial intelligence platform that automatically generates and optimizes video advertisements at scale, enabling clients to create effective promotional content that showcases their entire product catalogs. Its diverse clientele spans various markets, including wholesale, consumer electronics, fashion, toys and hobbies, health and beauty, and home and gardening.

Zakaz.ua

Series A in 2014
Zakaz.ua is a prominent online grocery delivery service based in Kyiv, Ukraine, founded in 2010. The company operates in 15 cities across Ukraine, as well as in Chisinau, Moldova, and Tashkent, Uzbekistan. Zakaz.ua partners with major retail chains, including Auchan, METRO, and Novus, to provide customers with a seamless grocery shopping experience at shelf prices, without any mark-ups. The platform boasts a proprietary IT system designed to efficiently accept, process, and deliver orders, offering both same-day and scheduled delivery options. Zakaz.ua focuses on delivering high-quality service and convenience to its users, establishing itself as a reliable partner for grocery retailers and a leader in the region's online grocery market.

DOC.ONLINE

Seed Round in 2014
Doc.online it's a medical technology marketplace where patient can arrange appointment with doctor, receive a telemedicine consultation and get prescription filled in any pharmacy. Doc.online provides service in Ukraine, Kazakhstan, Uzbekistan, Moldova, Georgia and Azerbaijan. Currently company is expanding to GCC region.
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