Granatus Ventures

Granatus Ventures is a venture capital firm established in 2013, with offices in Yerevan, London, and Singapore. It focuses on investing in startups that utilize Armenia's potential as an emerging technology hub. The firm primarily targets sectors such as social media, mobile technology, analytics, and cloud computing, providing not only financial support but also valuable networks and expertise to help these startups succeed on a global scale.

Manuk Hergnyan

Co-Founder and Managing Partner

22 past transactions

SuperAnnotate

Pre Seed Round in 2019
SuperAnnotate is a Stockholm-based technology company founded in 2018, specializing in artificial intelligence software for image annotation services. The company offers advanced tools for image segmentation and object selection, enabling pixel-accurate annotations at speeds 10 to 20 times faster than traditional methods. Its AI-powered technology supports various industries, including autonomous vehicles, retail, security, and medical sectors, by providing high-quality training data that enhances computer vision projects while reducing costs and turnaround times. SuperAnnotate’s platform facilitates the annotation of images, videos, text, and other data types, promoting streamlined collaboration and quality management. Additionally, it offers software development kits to help clients integrate their solutions seamlessly, ensuring the creation of effective training models and efficient data organization.

Grovf

Pre Seed Round in 2018
Grovf Inc. is an application performance acceleration company specializing in the development of programming algorithms on Field Programmable Gate Arrays (FPGAs). Founded in 2017 and headquartered in Berkeley, California, with an additional office in Yerevan, Armenia, Grovf focuses on enhancing data processing capabilities across various industries, particularly in cybersecurity and finance. The company offers a range of products, including GCache, an FPGA-based key-value store for efficient data caching; GRegex, designed for the analysis of semi-structured and unstructured data; and MonetX, which expands server memory. Additionally, Grovf develops FPGA-accelerated algorithms for applications used in data centers, addressing tasks such as searching, sorting, and linear algebra. These solutions can be deployed in both cloud environments and on-premise, allowing for improved performance and reduced power consumption in handling big data and Internet of Things (IoT) challenges.

SuperAnnotate

Pre Seed Round in 2018
SuperAnnotate is a Stockholm-based technology company founded in 2018, specializing in artificial intelligence software for image annotation services. The company offers advanced tools for image segmentation and object selection, enabling pixel-accurate annotations at speeds 10 to 20 times faster than traditional methods. Its AI-powered technology supports various industries, including autonomous vehicles, retail, security, and medical sectors, by providing high-quality training data that enhances computer vision projects while reducing costs and turnaround times. SuperAnnotate’s platform facilitates the annotation of images, videos, text, and other data types, promoting streamlined collaboration and quality management. Additionally, it offers software development kits to help clients integrate their solutions seamlessly, ensuring the creation of effective training models and efficient data organization.

Krisp

Seed Round in 2018
Krisp Technologies, Inc. specializes in artificial intelligence-driven noise-cancelling software that enhances audio quality for voice communications. Founded in 2017 and based in Berkeley, California, Krisp's software effectively eliminates background noise for both incoming and outgoing calls across various communication platforms. It can be seamlessly integrated with popular conferencing, voice messaging, streaming, and recording applications, making it suitable for a diverse range of users, including remote professionals, podcasters, gamers, and educators. The technology operates locally on users' audio devices, such as microphones and headsets, ensuring privacy and high-quality sound without the need for internet bandwidth. Krisp Technologies was previously known as 2Hz, Inc. and rebranded in September 2019.

Netris

Pre Seed Round in 2018
Netris is an automatic network operations platform that transforms physical network infrastructures into a service model, akin to cloud management. Founded in 2017 and headquartered in Sunnyvale, California, Netris offers software-defined solutions for telecom and data centers, facilitating seamless management of network resources. Its flagship product, XCloud Conductor, provides a unified web interface designed for all stakeholders involved in network operations, streamlining the process of managing network infrastructure. By shifting local private environments to a cloud-like management approach, Netris enhances operational efficiency and simplifies the complexities associated with traditional network management.

Intelinair

Seed Round in 2017
IntelinAir, Inc. is an aerial imagery analytics company that specializes in providing actionable intelligence for the agriculture sector. Established in 2015, the company aims to enhance operational efficiency, crop yields, and profitability for farmers through data-driven decision-making. IntelinAir leverages a combination of traditional computer vision, deep learning methodologies, and agronomic science to analyze aerial data. Their flagship solution, AG-MRI™, serves as a field health monitoring and early-warning system, allowing farmers to manage their operations with greater confidence and proactivity. Additionally, IntelinAir offers SafeSmart technology, which includes UAV platforms designed for precision flight and data analysis, supporting both academic research and practical applications in agriculture. The company operates from dual headquarters in San Jose, California, and Champaign, Illinois.

News Deeply

Seed Round in 2017
News Deeply, Inc., a media and technology company, designs and builds online platforms and user-centric projects for news, live events, information design, and social participation. The company also creates educational content for teachers in the United States. In addition, it ideates and creates custom projects for think tanks, institutions, and private sector partners; and offers Syria Deeply, an independent digital media project that explores the model of storytelling around a global crisis. News Deeply, Inc. was founded in 2012 and is headquartered in New York, New York.

Collectly

Pre Seed Round in 2017
Collectly, Inc. is a software company based in Walnut, California, founded in 2016, that specializes in debt recovery solutions. The company provides a platform designed to assist healthcare providers in collecting overdue payments from patients. Collectly's software automates the debt collection process by tracking overdue invoices and facilitating communication with customers through various channels, including email and chat. It also analyzes payment data to identify invoices at risk of becoming overdue and automatically engages with customers who have not made timely payments. Additionally, the platform allows users to connect with payment providers, enabling direct receipt of payments into their accounts. Through its services, Collectly aims to streamline the debt recovery process, making it easier for healthcare providers to manage outstanding invoices and improve cash flow.

Sololearn

Seed Round in 2016
SoloLearn, Inc. operates a mobile learning platform that provides free online courses in nine programming languages, including HTML, CSS, JavaScript, PHP, C++, Java, Python, Swift, and SQL. Founded in 2013 and based in Pleasanton, California, the platform caters to learners worldwide who seek to acquire new skills efficiently. It features short instructional videos, interactive checkpoints, and practical coding exercises, allowing users to apply their knowledge by writing real-life code. As learners progress, they unlock levels, build profiles, and earn achievements, while also engaging in forums for feedback from both experts and peers. SoloLearn aims to enrich career and life choices for its users by offering a comprehensive and accessible coding education.

Bazillion Beings

Pre Seed Round in 2016
Bazillion Beings is a platform for micro AIs as alternatives to apps: cute, user-created social bots that combine public APIs into new services. Our bots self-monetize through subscription fees, ads and commissions. Bots that cover their own server costs survive. Ones that generate excess revenue can be cloned and improved. The bot population as a whole adapts to different micro-communities and demographics through machine learning and evolves to maximize value for users, bot creators and API providers.

Menu Group

Pre Seed Round in 2015
Menu Group UK Limited, through its subsidiary, provides online restaurant food delivery services. The company was incorporated in 2012 and is based in London, United Kingdom with additional locations in Minsk, Belarus; Tbilisi, Georgia; and Yerevan, Armenia.

Menu Group

Venture Round in 2015
Menu Group UK Limited, through its subsidiary, provides online restaurant food delivery services. The company was incorporated in 2012 and is based in London, United Kingdom with additional locations in Minsk, Belarus; Tbilisi, Georgia; and Yerevan, Armenia.

Sololearn

Seed Round in 2015
SoloLearn, Inc. operates a mobile learning platform that provides free online courses in nine programming languages, including HTML, CSS, JavaScript, PHP, C++, Java, Python, Swift, and SQL. Founded in 2013 and based in Pleasanton, California, the platform caters to learners worldwide who seek to acquire new skills efficiently. It features short instructional videos, interactive checkpoints, and practical coding exercises, allowing users to apply their knowledge by writing real-life code. As learners progress, they unlock levels, build profiles, and earn achievements, while also engaging in forums for feedback from both experts and peers. SoloLearn aims to enrich career and life choices for its users by offering a comprehensive and accessible coding education.

ggGeorgia

Seed Round in 2015
gg is your ultimate way of getting reliable ride in Georgia and Armenia. It connects more than 1200 drivers to thousands of passengers, providing them with reliable and quality transportation services.

BeSafe

Seed Round in 2015
BeSafe IO enables businesses and individuals to encrypt, track, and revoke access to confidential data, across any platform or device. BeSafe uses cutting-edge proxy re-encryption technologies for securing data while keeping it easily sharable and accessible over cloud services (e.g. Box, Dropbox).

CodeSignal

Seed Round in 2015
CodeSignal, Inc. develops and operates a cloud-based coding and recruiting platform to discover, develop, and promote technical talent. It applies game mechanics that offer developers online computer programming for both instructional and recruiting purposes. The company’s platform creates custom tests for employers that are calibrated with interview process and creates assessments that test more than data structures and algorithms. CodeSignal, Inc. was formerly known as BrainFights, Inc. and changed its name to CodeSignal, Inc. in October 2020. The company was founded in 2014 and is based in San Francisco, California.

News Deeply

Seed Round in 2015
News Deeply, Inc., a media and technology company, designs and builds online platforms and user-centric projects for news, live events, information design, and social participation. The company also creates educational content for teachers in the United States. In addition, it ideates and creates custom projects for think tanks, institutions, and private sector partners; and offers Syria Deeply, an independent digital media project that explores the model of storytelling around a global crisis. News Deeply, Inc. was founded in 2012 and is headquartered in New York, New York.

WICASTR

Seed Round in 2014
WICASTR Limited, based in London and founded in 2013, operates a cloud-based digital content delivery platform that specializes in the deployment of Edge Clouds. This innovative platform enables local and real-time application processing, reducing reliance on distant cloud resources. WICASTR offers a powerful Edge Gateway, which integrates server, Wi-Fi, storage, and routing functionalities, allowing for the establishment of intelligent networks that connect smart devices, objects, and sensors. The platform is designed to deliver low-latency, secure content distribution and manage edge-based applications efficiently. Targeting various sectors such as telecommunications, transportation, retail, and emerging markets, WICASTR provides value-added services that enhance mobile engagement and facilitate the creation of wireless networks, ensuring effective interaction and data exchange in real-time environments.

Sololearn

Seed Round in 2014
SoloLearn, Inc. operates a mobile learning platform that provides free online courses in nine programming languages, including HTML, CSS, JavaScript, PHP, C++, Java, Python, Swift, and SQL. Founded in 2013 and based in Pleasanton, California, the platform caters to learners worldwide who seek to acquire new skills efficiently. It features short instructional videos, interactive checkpoints, and practical coding exercises, allowing users to apply their knowledge by writing real-life code. As learners progress, they unlock levels, build profiles, and earn achievements, while also engaging in forums for feedback from both experts and peers. SoloLearn aims to enrich career and life choices for its users by offering a comprehensive and accessible coding education.

WICASTR

Seed Round in 2014
WICASTR Limited, based in London and founded in 2013, operates a cloud-based digital content delivery platform that specializes in the deployment of Edge Clouds. This innovative platform enables local and real-time application processing, reducing reliance on distant cloud resources. WICASTR offers a powerful Edge Gateway, which integrates server, Wi-Fi, storage, and routing functionalities, allowing for the establishment of intelligent networks that connect smart devices, objects, and sensors. The platform is designed to deliver low-latency, secure content distribution and manage edge-based applications efficiently. Targeting various sectors such as telecommunications, transportation, retail, and emerging markets, WICASTR provides value-added services that enhance mobile engagement and facilitate the creation of wireless networks, ensuring effective interaction and data exchange in real-time environments.

Benivo

Series A in 2014
Digital products for new starters and relocating employees that improve employee experience NPS by 50% or more. Benivo helps companies improve employee experience when moving, save time for movers and for HR, and create opportunities to save money with a cost effective system to deliver baseline relocation support. The system includes employee actions and workflows to self-serve through a move, cash-flow solutions to provide access to money before payroll, digital destination support, welcome gifting for surprise and delight and lite spouse support coming soon. Multiple versions of the experience can be created for multiple employee populations. For anywhere in the world - unlimited locations, and unlimited customisation potential. Clients include Google, GE, Bloomberg, Verizon Connect, CGI, Hertz and 50 others

Benivo

Non Equity Assistance in 2014
Digital products for new starters and relocating employees that improve employee experience NPS by 50% or more. Benivo helps companies improve employee experience when moving, save time for movers and for HR, and create opportunities to save money with a cost effective system to deliver baseline relocation support. The system includes employee actions and workflows to self-serve through a move, cash-flow solutions to provide access to money before payroll, digital destination support, welcome gifting for surprise and delight and lite spouse support coming soon. Multiple versions of the experience can be created for multiple employee populations. For anywhere in the world - unlimited locations, and unlimited customisation potential. Clients include Google, GE, Bloomberg, Verizon Connect, CGI, Hertz and 50 others
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