MTS StartUp Hub

MTS StartUp Hub is an innovation and investment department of MTS based in Moscow, Russia, established in 2019. It operates as a corporate accelerator and venture capital firm, focusing on early-stage and seed investments across various sectors such as fintech, internet of things (IoT), cloud technology, sharing economy, advertising technology, big data, machine learning, cybersecurity, and education technology. MTS StartUp Hub aims to support startups that are looking to commercialize their technologies within the Russian market. The firm typically invests between $0.5 million and $2 million in companies that demonstrate a minimum revenue of RUB 300 million. In addition to direct investments, MTS StartUp Hub is open to co-investment opportunities and emphasizes acquiring minority stakes in its portfolio companies.

Dmitry Kurin

Director, Open Innovations and Investment Department

2 past transactions

Airo

Venture Round in 2021
Airo offers dry cleaning and washing with convenient delivery.

CoinKeeper

Seed Round in 2020
CoinKeeper is personal finance app with intuitive touch interface and gamification system that rewards responsible spending and savings. CoinKeeper is like iPhone vs old mobile OS in finance management: 1. It's EASY to add transactions with simple gestures 2. It's VISUAL - all main financial figures are located on single screen 3. It's FUN and rewarding to track income and expenses with innovative game mechanics. CoinKeeper is available for iPhone/iPod touch, iPad and Android devices.
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