Flashpoint

Flashpoint is an international investment group focused on Western technology companies founded by expatriates from Emerging Europe and Israel. The firm manages multiple venture funds, including four venture capital funds, a venture debt fund, and a secondary fund, with assets under management around 500 million dollars. It serves a global investor base of more than 120 family offices and high-net-worth individuals. Flashpoint maintains offices in London, Tel Aviv, Budapest, Warsaw, Riga, and Nicosia, and has backed more than 50 portfolio companies, with notable exits such as Shazam to Apple and Chess.com to the PokerStars founders and General Atlantic.

Laith Anezi

Venture Partner

Maxim Artiomenko

Analyst

Igor Bilous

Managing Partner

Donatella Callegaris

Managing Partner at Flashpoint VC

Dror Dragucki

Analyst

Past deals in Eastern Europe

ivi

Series D in 2021
ivi.ru Media Ltd. operates an online video and cinema platform in Russia, providing a wide range of content that includes movies, television series, shows, cartoons, and music videos. Founded in 2007 and based in Moscow, the platform offers a video-on-demand service that enhances the traditional television experience by allowing users to access content through a secure, scalable, and portable online player. ivi creates opportunities for both independent content producers and mainstream broadcasters by enabling live streaming channels and expanding audience reach. The company focuses on delivering licensed professional content, allowing users to enjoy premium video offerings at no cost.

ivi

Secondary Market in 2020
ivi.ru Media Ltd. operates an online video and cinema platform in Russia, providing a wide range of content that includes movies, television series, shows, cartoons, and music videos. Founded in 2007 and based in Moscow, the platform offers a video-on-demand service that enhances the traditional television experience by allowing users to access content through a secure, scalable, and portable online player. ivi creates opportunities for both independent content producers and mainstream broadcasters by enabling live streaming channels and expanding audience reach. The company focuses on delivering licensed professional content, allowing users to enjoy premium video offerings at no cost.

L2P Limited

Convertible Note in 2019
L2P Limited is an international educational technology company focused on the eSports sector, developing a comprehensive platform to enhance the skills of both professional and non-professional gamers. The company utilizes artificial intelligence and machine learning to create personalized educational tracks for users, integrating features such as individual post-match feedback, tactical insights, video lessons from professional players, and in-game tasks. L2P Limited has garnered over 1.5 million subscribed users across its products for popular games like Dota 2 and League of Legends, analyzing more than 60 million matches and producing over 2,000 instructional videos. The company is also planning to expand its offerings to include additional games and enter new language markets. Based in Russia, L2P Limited is dedicated to improving the gaming experience through innovative educational solutions.

ivi

Secondary Market in 2019
ivi.ru Media Ltd. operates an online video and cinema platform in Russia, providing a wide range of content that includes movies, television series, shows, cartoons, and music videos. Founded in 2007 and based in Moscow, the platform offers a video-on-demand service that enhances the traditional television experience by allowing users to access content through a secure, scalable, and portable online player. ivi creates opportunities for both independent content producers and mainstream broadcasters by enabling live streaming channels and expanding audience reach. The company focuses on delivering licensed professional content, allowing users to enjoy premium video offerings at no cost.

ivi

Series C in 2019
ivi.ru Media Ltd. operates an online video and cinema platform in Russia, providing a wide range of content that includes movies, television series, shows, cartoons, and music videos. Founded in 2007 and based in Moscow, the platform offers a video-on-demand service that enhances the traditional television experience by allowing users to access content through a secure, scalable, and portable online player. ivi creates opportunities for both independent content producers and mainstream broadcasters by enabling live streaming channels and expanding audience reach. The company focuses on delivering licensed professional content, allowing users to enjoy premium video offerings at no cost.

ivi

Secondary Market in 2019
ivi.ru Media Ltd. operates an online video and cinema platform in Russia, providing a wide range of content that includes movies, television series, shows, cartoons, and music videos. Founded in 2007 and based in Moscow, the platform offers a video-on-demand service that enhances the traditional television experience by allowing users to access content through a secure, scalable, and portable online player. ivi creates opportunities for both independent content producers and mainstream broadcasters by enabling live streaming channels and expanding audience reach. The company focuses on delivering licensed professional content, allowing users to enjoy premium video offerings at no cost.

L2P Limited

Seed Round in 2019
L2P Limited is an international educational technology company focused on the eSports sector, developing a comprehensive platform to enhance the skills of both professional and non-professional gamers. The company utilizes artificial intelligence and machine learning to create personalized educational tracks for users, integrating features such as individual post-match feedback, tactical insights, video lessons from professional players, and in-game tasks. L2P Limited has garnered over 1.5 million subscribed users across its products for popular games like Dota 2 and League of Legends, analyzing more than 60 million matches and producing over 2,000 instructional videos. The company is also planning to expand its offerings to include additional games and enter new language markets. Based in Russia, L2P Limited is dedicated to improving the gaming experience through innovative educational solutions.

L2P Limited

Venture Round in 2019
L2P Limited is an international educational technology company focused on the eSports sector, developing a comprehensive platform to enhance the skills of both professional and non-professional gamers. The company utilizes artificial intelligence and machine learning to create personalized educational tracks for users, integrating features such as individual post-match feedback, tactical insights, video lessons from professional players, and in-game tasks. L2P Limited has garnered over 1.5 million subscribed users across its products for popular games like Dota 2 and League of Legends, analyzing more than 60 million matches and producing over 2,000 instructional videos. The company is also planning to expand its offerings to include additional games and enter new language markets. Based in Russia, L2P Limited is dedicated to improving the gaming experience through innovative educational solutions.

ivi

Series B in 2018
ivi.ru Media Ltd. operates an online video and cinema platform in Russia, providing a wide range of content that includes movies, television series, shows, cartoons, and music videos. Founded in 2007 and based in Moscow, the platform offers a video-on-demand service that enhances the traditional television experience by allowing users to access content through a secure, scalable, and portable online player. ivi creates opportunities for both independent content producers and mainstream broadcasters by enabling live streaming channels and expanding audience reach. The company focuses on delivering licensed professional content, allowing users to enjoy premium video offerings at no cost.

L2P Limited

Seed Round in 2018
L2P Limited is an international educational technology company focused on the eSports sector, developing a comprehensive platform to enhance the skills of both professional and non-professional gamers. The company utilizes artificial intelligence and machine learning to create personalized educational tracks for users, integrating features such as individual post-match feedback, tactical insights, video lessons from professional players, and in-game tasks. L2P Limited has garnered over 1.5 million subscribed users across its products for popular games like Dota 2 and League of Legends, analyzing more than 60 million matches and producing over 2,000 instructional videos. The company is also planning to expand its offerings to include additional games and enter new language markets. Based in Russia, L2P Limited is dedicated to improving the gaming experience through innovative educational solutions.

L2P Limited

Convertible Note in 2018
L2P Limited is an international educational technology company focused on the eSports sector, developing a comprehensive platform to enhance the skills of both professional and non-professional gamers. The company utilizes artificial intelligence and machine learning to create personalized educational tracks for users, integrating features such as individual post-match feedback, tactical insights, video lessons from professional players, and in-game tasks. L2P Limited has garnered over 1.5 million subscribed users across its products for popular games like Dota 2 and League of Legends, analyzing more than 60 million matches and producing over 2,000 instructional videos. The company is also planning to expand its offerings to include additional games and enter new language markets. Based in Russia, L2P Limited is dedicated to improving the gaming experience through innovative educational solutions.

Sravnikupi

Venture Round in 2017
SravniKupi.ru OOO is an online platform based in Moscow, Russia, that allows users to compare and purchase various types of insurance policies, including CASCO, MTPL, and travel insurance. Established in 2009, it is recognized as the first federal insurance online supermarket in Russia, enabling customers to evaluate car insurance offers from leading insurance providers and complete their purchases online. The platform has expanded its reach by opening offices in several major cities, including St. Petersburg, Yekaterinburg, Samara, and Krasnodar, and continues to grow its presence across the country. SravniKupi provides users with accurate calculations and the ability to customize their insurance options, ensuring a user-friendly experience that prioritizes competitive pricing and reliability.

Netology Group

Secondary Market in 2017
Netology Group focuses on the development of educational online platforms and training programs for students, professionals, and businesses. Netology Group offers FOXFORD, a suite of online courses for students; NETOLOGIYA, an online training program that focuses on online trading and business skills; and SMART LEARNING, a training program that focuses the development and implementation of B2B and B2G SaaS-solutions. Netology Group was founded by Maxim Spiridonov in 2014. It is based in Moscow, Russia.

Bonusway

Series A in 2016
Bonusway, headquartered in Helsinki, Finland, is a leading growth company specializing in cashback rewards for online shoppers. It offers consumers cash rewards and shopping inspiration, while providing eCommerce businesses with a platform to engage loyal customers and achieve marketing objectives. With a user base of over 5 million and partnerships with 8,000 eCommerce merchants globally, Bonusway operates in Russia, the Nordic countries, Central and Eastern Europe, and Turkey. In Russia, it operates under the brand Kopikot. The company's platform employs machine learning for personalized user experiences and direct cash rewards to users' bank accounts, driving sales for merchants.

Sravnikupi

Venture Round in 2016
SravniKupi.ru OOO is an online platform based in Moscow, Russia, that allows users to compare and purchase various types of insurance policies, including CASCO, MTPL, and travel insurance. Established in 2009, it is recognized as the first federal insurance online supermarket in Russia, enabling customers to evaluate car insurance offers from leading insurance providers and complete their purchases online. The platform has expanded its reach by opening offices in several major cities, including St. Petersburg, Yekaterinburg, Samara, and Krasnodar, and continues to grow its presence across the country. SravniKupi provides users with accurate calculations and the ability to customize their insurance options, ensuring a user-friendly experience that prioritizes competitive pricing and reliability.

Netology Group

Series A in 2015
Netology Group focuses on the development of educational online platforms and training programs for students, professionals, and businesses. Netology Group offers FOXFORD, a suite of online courses for students; NETOLOGIYA, an online training program that focuses on online trading and business skills; and SMART LEARNING, a training program that focuses the development and implementation of B2B and B2G SaaS-solutions. Netology Group was founded by Maxim Spiridonov in 2014. It is based in Moscow, Russia.

ivi

Secondary Market in 2015
ivi.ru Media Ltd. operates an online video and cinema platform in Russia, providing a wide range of content that includes movies, television series, shows, cartoons, and music videos. Founded in 2007 and based in Moscow, the platform offers a video-on-demand service that enhances the traditional television experience by allowing users to access content through a secure, scalable, and portable online player. ivi creates opportunities for both independent content producers and mainstream broadcasters by enabling live streaming channels and expanding audience reach. The company focuses on delivering licensed professional content, allowing users to enjoy premium video offerings at no cost.

Sravnikupi

Venture Round in 2015
SravniKupi.ru OOO is an online platform based in Moscow, Russia, that allows users to compare and purchase various types of insurance policies, including CASCO, MTPL, and travel insurance. Established in 2009, it is recognized as the first federal insurance online supermarket in Russia, enabling customers to evaluate car insurance offers from leading insurance providers and complete their purchases online. The platform has expanded its reach by opening offices in several major cities, including St. Petersburg, Yekaterinburg, Samara, and Krasnodar, and continues to grow its presence across the country. SravniKupi provides users with accurate calculations and the ability to customize their insurance options, ensuring a user-friendly experience that prioritizes competitive pricing and reliability.

Netology Group

Secondary Market in 2015
Netology Group focuses on the development of educational online platforms and training programs for students, professionals, and businesses. Netology Group offers FOXFORD, a suite of online courses for students; NETOLOGIYA, an online training program that focuses on online trading and business skills; and SMART LEARNING, a training program that focuses the development and implementation of B2B and B2G SaaS-solutions. Netology Group was founded by Maxim Spiridonov in 2014. It is based in Moscow, Russia.

Sravnikupi

Venture Round in 2014
SravniKupi.ru OOO is an online platform based in Moscow, Russia, that allows users to compare and purchase various types of insurance policies, including CASCO, MTPL, and travel insurance. Established in 2009, it is recognized as the first federal insurance online supermarket in Russia, enabling customers to evaluate car insurance offers from leading insurance providers and complete their purchases online. The platform has expanded its reach by opening offices in several major cities, including St. Petersburg, Yekaterinburg, Samara, and Krasnodar, and continues to grow its presence across the country. SravniKupi provides users with accurate calculations and the ability to customize their insurance options, ensuring a user-friendly experience that prioritizes competitive pricing and reliability.

Ponominalu.ru

Venture Round in 2014
Ponominalu.ru is an online ticketing service based in Moscow, Russia, specializing in the sale of both electronic and paper tickets for a variety of entertainment events, including concerts, sporting events, and exhibitions. Founded in 2010, the company has rapidly established itself as a significant player in the Russian online entertainment ticket market, particularly noted for its expertise in e-tickets and information technology. As of February 2018, Ponominalu.ru operates as a subsidiary of Public Joint-Stock Company Mobile TeleSystems.

Ponominalu.ru

Seed Round in 2013
Ponominalu.ru is an online ticketing service based in Moscow, Russia, specializing in the sale of both electronic and paper tickets for a variety of entertainment events, including concerts, sporting events, and exhibitions. Founded in 2010, the company has rapidly established itself as a significant player in the Russian online entertainment ticket market, particularly noted for its expertise in e-tickets and information technology. As of February 2018, Ponominalu.ru operates as a subsidiary of Public Joint-Stock Company Mobile TeleSystems.

Ponominalu.ru

Venture Round in 2013
Ponominalu.ru is an online ticketing service based in Moscow, Russia, specializing in the sale of both electronic and paper tickets for a variety of entertainment events, including concerts, sporting events, and exhibitions. Founded in 2010, the company has rapidly established itself as a significant player in the Russian online entertainment ticket market, particularly noted for its expertise in e-tickets and information technology. As of February 2018, Ponominalu.ru operates as a subsidiary of Public Joint-Stock Company Mobile TeleSystems.

Sravnikupi

Venture Round in 2013
SravniKupi.ru OOO is an online platform based in Moscow, Russia, that allows users to compare and purchase various types of insurance policies, including CASCO, MTPL, and travel insurance. Established in 2009, it is recognized as the first federal insurance online supermarket in Russia, enabling customers to evaluate car insurance offers from leading insurance providers and complete their purchases online. The platform has expanded its reach by opening offices in several major cities, including St. Petersburg, Yekaterinburg, Samara, and Krasnodar, and continues to grow its presence across the country. SravniKupi provides users with accurate calculations and the ability to customize their insurance options, ensuring a user-friendly experience that prioritizes competitive pricing and reliability.

Sravnikupi

Seed Round in 2012
SravniKupi.ru OOO is an online platform based in Moscow, Russia, that allows users to compare and purchase various types of insurance policies, including CASCO, MTPL, and travel insurance. Established in 2009, it is recognized as the first federal insurance online supermarket in Russia, enabling customers to evaluate car insurance offers from leading insurance providers and complete their purchases online. The platform has expanded its reach by opening offices in several major cities, including St. Petersburg, Yekaterinburg, Samara, and Krasnodar, and continues to grow its presence across the country. SravniKupi provides users with accurate calculations and the ability to customize their insurance options, ensuring a user-friendly experience that prioritizes competitive pricing and reliability.
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