Flyer One Venture

Flyer One Ventures is a venture capital firm established in 2018 and based in Warsaw, Poland. The firm focuses on investing in early-stage startups across various sectors, including B2B and B2C markets. With a particular interest in companies that demonstrate high growth potential, Flyer One Ventures aims to support innovative startups by providing not only financial backing but also strategic guidance. The firm leverages its expertise in digital marketing and product development to assist portfolio companies in optimizing their operations and expanding into international markets. By focusing on startups in regions with limited access to early-stage financing, Flyer One Ventures seeks to empower entrepreneurs and help them scale their businesses to achieve global recognition.

Elena Mazhuha

Investment Director

Alexey Yermolenko

Vice President

Past deals in Eastern Europe

Kodland

Series A in 2022
Kodland is an online programming school that caters to children aged eight to seventeen. The school provides a range of courses, including visual programming, project informatics, game development, Python basics, and website development. By focusing on engaging and interactive learning experiences, Kodland enables young learners to acquire essential programming skills in a fun and accessible manner.

Educate Online

Venture Round in 2021
The Educate Online platform allows the parents to avoid a number of difficulties in choosing the educational institution, to reduce the time frame for enrollment, and, importantly, to find a school which suits their child most.

Level Up - Basketball Training App

Pre Seed Round in 2021
LevelUpBasket - mobile app for basketball players and coaches. Players can track skills progress and share it with the community. Coaches get access to the ultimate set of PRO tools: daily dashboard, training programs, payments management and many more.

Mate academy

Venture Round in 2021
Mate Academy, founded in 2015 by a former Google employee, is an educational technology institution based in Kyiv, Ukraine. It specializes in teaching computer science subjects, including Python, Java, Frontend, UX, and Ruby, offering these courses at no cost to students. The academy aims to facilitate job placements for graduates, who then repay a portion of their salaries over a period of two to three years. This model not only provides valuable technical skills to students but also enables them to enter the job market without upfront tuition fees.

Competera

Seed Round in 2021
Competera Limited is a cloud-native, AI-driven price optimization company that helps both online and brick-and-mortar retailers enhance their revenue through effective pricing strategies. Founded in 2014 and headquartered in West Hollywood, California, with additional offices in London, Singapore, and an R&D center in Kyiv, Ukraine, Competera offers advanced software solutions that leverage machine learning and econometric practices. The platform analyzes 60 pricing and non-pricing factors, along with self-price elasticity and cross-product sales dependencies, to provide retailers with optimal price recommendations. By implementing these insights, businesses can improve their bottom line metrics and maintain appropriate price perceptions in the market.

Educate Online

Venture Round in 2021
The Educate Online platform allows the parents to avoid a number of difficulties in choosing the educational institution, to reduce the time frame for enrollment, and, importantly, to find a school which suits their child most.

IntellectoKids

Series A in 2020
IntellectoKids Ltd is an educational platform designed for parents and their children, particularly those up to seven years old. Established in 2016 and based in Russia, the company offers a suite of four mobile applications that provide gamified educational experiences. These apps support early childhood education by engaging children in subjects critical for their schooling. Additionally, IntellectoKids addresses various parenting needs, offering resources for school preparation, bedtime routines, language learning, and parenting advice. The platform serves as an online supplement to traditional educational methods, enhancing the learning experience for both parents and children.

Educate Online

Seed Round in 2020
The Educate Online platform allows the parents to avoid a number of difficulties in choosing the educational institution, to reduce the time frame for enrollment, and, importantly, to find a school which suits their child most.

PromoRepublic

Seed Round in 2020
PromoRepublic is a SaaS company based in Kyiv, Ukraine, that specializes in social media content automation for small and medium-sized businesses. Founded in 2014, the platform enhances the quality of social media posts on networks such as Facebook and Instagram by providing automation tools and customizable templates. PromoRepublic enables users to create and manage engaging marketing campaigns, including contests and sweepstakes, to attract and retain customers. The company serves a diverse clientele, including digital agencies and large corporations, and has achieved consistent growth, with over 50,000 registered users and 2.5 million social media posts published through its platform. Its technology aims to improve online visibility and maintain brand integrity for businesses with multiple locations.

SF Education

Series A in 2020
SF Education is an online university based in Moscow, Russia, focused on delivering high-quality education to Russian speakers worldwide. Utilizing a blended learning approach, the institution offers a diverse range of courses in finance and accounting, business analytics, data science, management consulting, and law, catering to various skill levels. The platform features video courses, live webinars with industry professionals, and interactive educational experiences, allowing learners to engage with the material at their convenience. Over the past five years, SF Education has experienced significant growth in both revenue and its client base, supported by a vibrant online community of approximately 200,000 individuals globally.

Liki24

Venture Round in 2020
Liki24 operates an online platform that enables users to search for and order medications and health-related products from various pharmacies. Founded in 2017 and based in Kyiv, Ukraine, the platform allows users to compare prices and availability across categories including healthy nutrition, cosmetics, medicinal products, and medical devices. Liki24's software integrates deeply with partner pharmacies, clinics, and insurance providers, facilitating logistics coordination and task management. This streamlined approach ensures that patients can easily access a wide selection of medicines and receive them conveniently at home, thereby enhancing the overall accessibility of healthcare services.

Vochi

Seed Round in 2020
Vochi is a mobile application focused on creative video editing, leveraging advanced computer-vision technology and AI-based algorithms. The app enables users to apply high-quality effects to individual objects within videos in real-time, maintaining visual fidelity in 1080p resolution. By utilizing neural networks and a custom rendering engine, Vochi allows for unique and personalized video creations, empowering users to express their creativity effortlessly on mobile devices.

Elision

Seed Round in 2020
Elision develops a podcasting platform for audio and video content. The company allows the users to upload podcast content on the platform, access visualization tools, and create audio content. The company was founded in 2019 and is based in Lviv, Ukraine. It has an additional office in Palo Alto, California.

IntellectoKids

Venture Round in 2019
IntellectoKids Ltd is an educational platform designed for parents and their children, particularly those up to seven years old. Established in 2016 and based in Russia, the company offers a suite of four mobile applications that provide gamified educational experiences. These apps support early childhood education by engaging children in subjects critical for their schooling. Additionally, IntellectoKids addresses various parenting needs, offering resources for school preparation, bedtime routines, language learning, and parenting advice. The platform serves as an online supplement to traditional educational methods, enhancing the learning experience for both parents and children.

Liki24

Series A in 2019
Liki24 operates an online platform that enables users to search for and order medications and health-related products from various pharmacies. Founded in 2017 and based in Kyiv, Ukraine, the platform allows users to compare prices and availability across categories including healthy nutrition, cosmetics, medicinal products, and medical devices. Liki24's software integrates deeply with partner pharmacies, clinics, and insurance providers, facilitating logistics coordination and task management. This streamlined approach ensures that patients can easily access a wide selection of medicines and receive them conveniently at home, thereby enhancing the overall accessibility of healthcare services.

Mate academy

Seed Round in 2019
Mate Academy, founded in 2015 by a former Google employee, is an educational technology institution based in Kyiv, Ukraine. It specializes in teaching computer science subjects, including Python, Java, Frontend, UX, and Ruby, offering these courses at no cost to students. The academy aims to facilitate job placements for graduates, who then repay a portion of their salaries over a period of two to three years. This model not only provides valuable technical skills to students but also enables them to enter the job market without upfront tuition fees.

IO Technologies

Seed Round in 2017
IO Technologies, Inc. specializes in developing content performance analysis tools designed for media brands. Founded in 2014 and based in Wilmington, Delaware, with an additional office in Kyiv, Ukraine, the company provides a range of services, including editorial analytics for both historical and real-time content performance, multimedia analytics, homepage optimization solutions, and insights delivery tools. Their platform aims to make analytics accessible to non-analysts, thereby enhancing organizational performance. IO Technologies partners with numerous media companies globally, including DMG Media and Times Internet, among others. Their tools focus on improving the reader experience and facilitating business growth by delivering ready-to-use dashboards that help teams track projects and ongoing work effectively.
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