Da Vinci Capital

Da Vinci Capital Management Ltd. is a private equity and venture capital firm that specializes in growth capital and a variety of investment stages, including buyouts, startups, and turnarounds. Founded in 2007 and based in Guernsey with offices in Moscow and London, the firm focuses on investments in sectors such as fintech, business services, technology, artificial intelligence, and cybersecurity. Da Vinci Capital primarily targets companies in Russia, the Central and Eastern European region, and other emerging markets, with a typical investment range of $5 million to $100 million in enterprises valued between $100 million and $1 billion. The firm often seeks significant minority stakes or controlling interests, aiming for active involvement in mid-market buyouts or board representation in larger companies. Its investment horizon generally spans two to five years, with exit strategies that include sales to strategic investors, secondary sales, or initial public offerings. Da Vinci Capital manages approximately $400 million in discretionary and advisory assets and employs a team of professionals with extensive experience in investment management and private equity.

Vadim Botchkarev

Managing Director

David Clark

Director

Tatyana Eliseeva

Associate

Anna Ermakova

Partner and COO

Dennis Fulling

Managing Partner

Tatyana Golubeva

Vice President

Igor Gonikhin

Investment Director

Oleg Jelezko

Managing Partner

Oleg Konev

Managing Partner

Alexey Lukyanov

VP

Dmitry Shkrabin

Chief Operating Officer

Anton Stepannikov

Associate

Olek Teonidis

Managing Director

Arthur Valiullin

Partner

Alexander Varennya

Senior Vice President

Past deals in Russia

OCSiAl Group

Private Equity Round in 2021
OCSiAl Group specializes in the manufacturing of single-wall carbon nanotubes, known for their unique properties that enhance the performance of various materials. Founded in 2009, the company offers a range of products under the TUBALL brand, including additives that improve electrical and thermal conductivity in applications such as polymer composites, rubbers, metals, and paints. Key products include TUBALL MATRIX, a line of pre-dispersed concentrates for easy integration into different systems, and TUBALL BATT, a dispersion designed for lithium-ion batteries. The company operates from its headquarters in Luxembourg and has a significant production capacity of 75 tonnes of nanotubes per year. OCSiAl also maintains a global presence with offices in the USA, Russia, Korea, China, and other countries, focusing on technologies that advance various industries, including electrochemical power sources and coatings.

BitRussia

Seed Round in 2019
BitRussia is a financial ecosystem built with modern technological solutions of a distributed registry, smart contracts, with the possibility of issuing and exercising digital rights (tokens). BitRussia is constantly developing its own infrastructure and a set of pre-built business scenarios that provide users with the opportunity to implement projects in the field of factoring, banking, crowdfunding, insurance, reinsurance, banking, processing, trading, human resources and management. It is the only legal investment operator&platform in Russia with embedded DLT and smart-contracts. BitRussia is deeply integrated with classic fin-tech industries as banking and insurance. Present status: official piloting in "sandbox mode" with Central Bank of Russia. Platform launch: 3Q 2020. The ecosystem is a hardware-software complex developed using the distributed ledger technology of the Hyperledger Sawtooth enterprise level framework developed by the Linux Foundation with the participation of dozens of the largest IT and fintech companies including IBM, Intel, SAP, Airbus, American Express, Daimler, Fujitsu, JP Morgan, etc. A number of special super-projects are being implemented within the ecosystem - long-term large commercial projects in large business segments with the participation of significant market players. Super-projects will have a huge impact on the development of both the BitRussia ecosystem and the development of new digital methods of doing business in the state. The investment operator and its digital platform is one of the super-products of the BitRussia ecosystem, built on the implementation of regulated digital rights (tokens) with the following functionality: - Private blockchain with the release of digital rights (tokens) of utilitarian and securitising types - Realisation of digital rights of projects - applicants for financing - System templates for investment projects - investment, charity, social - Placement of collateral in projects - Limits and rules for attracting and placing investments depending on the type of user - Built-in system smart contracts - Financial control of projects (Escrow) as a protection of investor interests - Voting system - Project Crisis Management Mechanisms - Integration with banking services and the Fast Payment System (SBP) - Integration of government and commercial databases for BI/AML - A platform for discussing projects and their implementation - Automatic rating system for projects and users (4Q 2020) - Integration with Government Services (centralised ID system of Russia) - Ability to implement AML procedures - Ability to configure the system to meet GDPR requirements as part of ecosystem’s global expansion strategy - Direct sale, exchange, transfer and deposit of tokens - Integration of contractors assisting project proponents in meeting digital rights obligations - Etc.

Gett

Series E in 2018
Gett, Inc. is a technology company that specializes in providing on-demand black car services through a SaaS-based platform tailored for corporate transportation. Founded in 2006 and headquartered in New York, with additional offices in London, Moscow, and Tel Aviv, Gett facilitates taxi bookings via its mobile application across several countries, including the United States, the United Kingdom, and Israel. The platform integrates various ride-hailing options, allowing businesses to optimize their ground travel experience, which includes features such as automatic invoicing and analytics. Gett aims to streamline corporate travel and has demonstrated its effectiveness by helping clients reduce their global ground travel costs by approximately 25%. The company has established a strategic partnership with Volkswagen Group and serves a diverse clientele, including a significant number of Fortune 500 companies.

2can

Series C in 2017
2can (ZAO Smartfin) mobile terminal is the Russian equivalent of the U.S. Square service; this is a special application for smartphones (based on iOS and Android platform ) and a card reader, which turns a smartphone into a terminal for accepting Visa and MasterCard payment cards. 2can is a Russian startup created specifically for the development, implementation and operation of the payment service via smartphones. 2can Service was launched on the Russian market at the end of September 2012 and became the first Russian mobile acquiring service to comply with the relevant security requirements for card payments imposed by Visa and MasterCard international payment systems. 2can is the first Russian mPOS-service that sertified dual card reader (EMV+Magstripe) with VisaReady and PCI-DSS.

Finvale

Seed Round in 2017
The company was founded in 2016. As the assets of the company transferred the rights to a unique design by ITI Group in the field of technology trade in the financial markets for different products and investor groups, as well as in the field of risk management and security.

iboxPro

Series C in 2017
In 2015 ibox merged with 2can ( SME mPOS provider in Russia ) Besides of mPOS, they have products and services that provide us additional income sources. 1. Payments — the all-in-one mobile payment and Point of Sale (POS) solution enable SMEs to process payments cost-effectively from E-wallets & Messengers. 2. Software as a Service (SaaS) — a platform for SME, merchants can drive business via a centralized SaaS toolkit. 3. Financial products — short term cash advances and short term loans to select merchants provided from their financial partners.

Noventiq

Venture Round in 2016
Softline Group provides IT solutions and services in Russia, the CIS, Latin America, India, and Southeast Asia. Softline offers comprehensive technology solutions, software licensing, the supply of hardware, and related IT-services. Private cloud Softline platform provides customers with access to the public, private, and hybrid cloud solutions. In 2014, Softline achieved a turnover of more than $ 900 million, and over the past 11 years, compound annual sales growth rates (CAGR) was 37.2%. For more than 20 years of successful activity in the IT-market, they have managed to accumulate a unique experience in large and growing markets. Softline is a partner of more than 3,000 suppliers of software and hardware. Softline clients - 60 000 private and public organizations of all sizes, from large corporate customers and small to medium businesses.

iboxPro

Series A in 2015
In 2015 ibox merged with 2can ( SME mPOS provider in Russia ) Besides of mPOS, they have products and services that provide us additional income sources. 1. Payments — the all-in-one mobile payment and Point of Sale (POS) solution enable SMEs to process payments cost-effectively from E-wallets & Messengers. 2. Software as a Service (SaaS) — a platform for SME, merchants can drive business via a centralized SaaS toolkit. 3. Financial products — short term cash advances and short term loans to select merchants provided from their financial partners.

ITI Capital

Private Equity Round in 2014
ITI Capital (former ITinvest) is one of the leading technology platforms on Emerging markets for online trading with offices in Londonm, Guernsey and Russia. Provides brokerage services on domestic and foreign financial markets. Developed in the company's stock solutions were highly appreciated by the professional environment of the stock market on all counts: the convenience and ergonomics, operation stability, order execution speed and the number of options to facilitate trade.

FCB Group (First Collection Bureau)

Private Equity Round in 2013
FCB Group is Russia’s largest debt collection group, which consists of First Collection Bureau and National Recovery Service

B2B-Center

Private Equity Round in 2012
B2B-Center is the operator of a major e-procurement marketplace in Russia. B2B-Center platform enables businesses both to sell and purchase products and services, thus extending sales channels for suppliers and improving sourcing and procurement efficiency. Daily contracts value on B2B-Center is between USD $70-300 mn, with an average transaction amount of USD $200,000. As of today, more than 80% of the business sector's e-trade in Russia takes place on B2B-Center, of which the clients are over 343,000 companies from nearly 100 countries.

Moscow Exchange

Venture Round in 2008
Moscow Exchange is the largest exchange group in Russia, operating trading markets in equities, bonds, derivatives, the foreign exchange