Flyer One Ventures

Founded in 2018, Flyer One Ventures is an international early-stage venture capital firm based in Warsaw, Poland. It focuses on investing in early-stage startups from the CEE region operating on global markets worth over $10 billion. The firm primarily invests in sectors such as Mobile, Health Tech, EdTech, B2B SaaS, Gaming, FoodTech, and AI/ML.

Vitaly Laptenok

General Partner

Elena Mazhuha

Investment Director

Alexey Yermolenko

Vice President

Past deals in Ukraine

Mate Academy

Venture Round in 2021
Mate Academy is an educational technology startup founded in 2015 and based in Kyiv, Ukraine. The institution focuses on teaching individuals to code from scratch, providing comprehensive online training in various programming languages. It offers its services entirely free of charge until students secure employment. This model allows aspiring programmers to access high-quality educational content and build their careers in technology without financial constraints. With a commitment to fostering talent globally, Mate Academy aims to equip learners with the skills needed to succeed in the tech industry through real-time instruction from experienced educators.

3DLOOK

Series A in 2021
3DLOOK is a technology company that develops artificial intelligence powered mobile body scanning and measurement solutions for the apparel industry. Its products include SAIA Perfect Fit, a plug-and-play solution, and SAIA 3D, which generates accurate 3D models of the human body, enabling made-to-measure and on-demand manufacturing, as well as virtual try-on. The company focuses on personalization in retail, helping brands deliver customized shopping experiences, improve conversions, and reduce product returns and apparel waste. By providing body data analytics, 3DLOOK enables better design, product development, inventory planning, and distribution decisions. Headquartered in San Mateo, California, with development and operations in Ukraine, 3DLOOK aims to streamline fitting and sizing, support uniform production at scale, and allow users to visualize body changes over time through AI-driven body composition tracking.

PromoRepublic

Seed Round in 2020
Founded in 2014, PromoRepublic develops a SaaS platform for digital promotion and social marketing. Its platform enables users to acquire and engage customers through contests, lotteries, sweepstakes, and publishing campaigns on various social media websites and mobile applications.

Elision

Seed Round in 2020
Elision is a technology company based in Lviv, Ukraine, with an additional office in Palo Alto, California. Founded in 2019, Elision specializes in developing an intuitive podcasting platform that enhances the audio content experience by adding visualization features. The platform allows users to upload and create podcasts while providing tools for podcasters to merge audio with text, photos, links, or other visual materials. This unique feature enriches the listening experience by offering visually enhanced podcasts.

Mate Academy

Seed Round in 2019
Mate Academy is an educational technology startup founded in 2015 and based in Kyiv, Ukraine. The institution focuses on teaching individuals to code from scratch, providing comprehensive online training in various programming languages. It offers its services entirely free of charge until students secure employment. This model allows aspiring programmers to access high-quality educational content and build their careers in technology without financial constraints. With a commitment to fostering talent globally, Mate Academy aims to equip learners with the skills needed to succeed in the tech industry through real-time instruction from experienced educators.

IO Technologies

Seed Round in 2017
IO Technologies develops content performance analysis tools for media brands, offering solutions such as editorial analytics, multimedia analytics, homepage optimization, insights delivery, and raw data access. These tools are designed to help chief content officers, editorial directors, managing editors, content creators, analysts, and audience engagement teams understand and improve the performance of their content. Founded in 2014 and based in Wilmington, Delaware with an additional office in Kyiv, Ukraine, IO Technologies partners with numerous media brands globally to make analytics accessible for non-analysts, thereby enhancing organizational performance through data-driven insights.
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