Kite Ventures

Kite Ventures is a global investment company that specializes in marketplace and transactional network investments for startups and early stage companies. It focuses on high technology and internet investments. The firm seeks to invest in companies in Europe and New York. Kite Ventures is a Russia-based company that was founded in 2008 by Edward Shenderovich.

Edward Shenderovich

Founding Partner

Past deals in Russia

Trends Brands

Series B in 2013
Trends Brands is a global online fashion retailer that offers over 10 000 branded items across womenswear, menswear, footwear, accessories, and jewellery, with approximately 1500 new product items being introduced each month. It's growing to become the largest and the most recognizable online fashion store in Russia. The users are drawn not only by means of banners advertising, but also by putting up urban festivals, concerts, fashion weeks, special projects with photos of celebrities wearing the clothes we offer, as well as the clothes in the context of major places in Moscow and Saint-Petersburg.

Ostrovok.ru

Venture Round in 2011
Founded in 2011, today Ostrovok.ru is ranked by Similarweb as Russia’s leading domestic online hotel booking site offering over 2,200,000 different types of accommodation in hotels, hostels, and apartments. This inventory is sourced directly from accommodation providers or via world’s leading third-party suppliers. This combination of direct and third-party supply helps us deliver on the brand’s main strengths: excellent availability, competitive prices, transparent pricing policy, and a constantly growing number of unique customer reviews. Ostrovok.ru runs its own customer service center working 24/7. Ostrovok.ru is an official partner of both Aeroflot and Pobeda airlines. Ostrovok.ru is recognized as an advertising platform by leading brands and advertising agencies in Russia and abroad. Its head office is in Moscow.

Pixonic

Series C in 2011
Pixonic LLC is a mobile game developer and publisher based in Limassol, Cyprus, with additional offices in Moscow and Berlin. Founded in 2009, the company initially focused on social network games but has since concentrated on the mobile gaming market. Pixonic assists other developers in creating multiplayer games and offers services such as game publishing across global networks, online marketing, and detailed game performance analysis. The company is particularly known for its successful title, War Robots, which has garnered over 200 million registered users and generated lifetime revenue exceeding 500 million USD. As part of the MY.GAMES international company, Pixonic continues to innovate and expand its offerings in the competitive mobile gaming industry.

AlterGeo

Venture Round in 2009
AlterGeo, founded in 2008 and initially known as Wi2Geo, is a technology company specializing in hybrid positioning systems that integrate various navigation methods, including WiFi, GPS, and GSM. The company has developed a prominent cross-platform location-based social networking service, which allows users to easily navigate urban environments, discover interesting places, share their locations, and receive personalized recommendations. AlterGeo's platform supports over 30 million devices and processes data from more than 170 million locations daily, utilizing a comprehensive database of unique WiFi and radio signal spots. The company also offers Gvidi, an intelligent mobile recommendation service that personalizes suggestions for cafes, bars, and restaurants based on user preferences and social connections. With a user base exceeding one million, primarily in Russia and Ukraine, AlterGeo has gained international recognition, receiving several awards for its innovative contributions to the tech industry.

Kanobu

Seed Round in 2009
Kanobu Network is a gaming media company based in Russia.
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