Horizon Capital

Horizon Capital is a private equity firm based in Kyiv, Ukraine, with an additional office in Chicago, Illinois. Established in 2006, the firm focuses on investing in later-stage companies, primarily in small to mid-cap enterprises across sectors such as light manufacturing, information technology, financial services, consumer goods, and e-commerce. Horizon Capital targets industry leaders in fast-growing sectors and companies with consolidation potential, while also identifying opportunities in more mature industries for buyouts. The firm typically invests between $5 million and $20 million, acquiring control stakes or minority interests in its portfolio companies. With a strong emphasis on governance and value creation, Horizon Capital aims to liquidate its investments within three to five years through trade sales or public offerings. Backed by over 40 institutional investors, the firm manages assets exceeding $1.1 billion and focuses on export-oriented businesses in Ukraine and the surrounding regions.

Boroday, Dmytro

Partner

Bogdan Svyrydov

Investment Director

Denis Tafintsev

Senior Partner and Member of Investment Committee

Vasile Tofan

Partner

38 past transactions

Viseven

Private Equity Round in 2024
Viseven is a global MarTech services provider specializing in the pharmaceutical and life sciences sectors, with over a decade of experience in digital transformation. The company delivers innovative solutions tailored to organizations of varying sizes and digital maturity, combining marketing and technology expertise with strategic capabilities. Viseven's modular content platform aims to reduce production costs and facilitate localization and review processes. It offers a range of services, including CLM agnostic digital content, eDetailing, mobile applications, salesforce applications, and educational VR and AR apps. The solutions developed by Viseven are utilized by top pharma and life sciences companies in more than 50 countries worldwide.

GoIT

Private Equity Round in 2023
GoIT is an international EdTech company that focuses on improving IT education for over seven years. The company operates in more than 30 countries online and has branches in Ukraine, Poland, Turkey, Mexico, and the USA. With a mission to help individuals create their success stories, GoIT has guided thousands of graduates to secure jobs and earned several industry awards.

Resolute Health Corporation Limited

Private Equity Round in 2022
Resolute Health Corporation Limited is a health care service provider primarily focused on patients with snoring issues and sleep apnea.

Achilles Therapeutics

Grant in 2022
Achilles Therapeutics is a developer of immunotherapies intended to offer next-generation, patient-specific therapies to treat cancer. The company's immunotherapies harness the immune system to destroy cancer cells that target truncal tumor neo-antigens and flags to the immune system present on the surface of every cancer cell, enabling scientists to target and destroy tumors without harming healthy tissues.

Liki24

Venture Round in 2022
Liki24 is a logistics company that operates an e-commerce pharmacy platform aimed at enhancing healthcare accessibility. The platform offers a comprehensive selection of medicines by analyzing prices and availability across numerous partner pharmacies. It facilitates seamless integration and coordination among pharmacies, clinics, and insurance companies, allowing patients to efficiently connect with pharmacies. By utilizing advanced software for logistics team coordination, task management, and data management, Liki24 enables the delivery of medications directly to patients' doorsteps.

Innoventric

Grant in 2021
Innoventric is a medical device company based in Ness-Ziona, Israel, focused on developing innovative percutaneous solutions for Tricuspid Regurgitation and right heart disease. Founded in 2017, the company has made significant advancements with its Trillium™ technology, designed to provide functional tricuspid valve replacement through cross-caval anchoring and a unique multi-valve design. This technology aims to regulate blood flow effectively, thereby enhancing both the lifespan and quality of life for patients. Innoventric has successfully completed over ten implantations of the Trillium™ technology as part of its first clinical trial in Europe and maintains a robust patent portfolio covering its key innovations in tricuspid treatment.

Avrora

Private Equity Round in 2021
Avrora is a Ukrainian dollar store chain that aims to make everyday and trendy items accessible and memorable for customers.

Creatio

Venture Round in 2021
Creatio is a global vendor specializing in a no-code platform that automates workflows and customer relationship management (CRM) processes. The company's platform empowers businesses to create applications and automate various processes without requiring programming skills. It provides comprehensive CRM solutions that enhance marketing, sales, and service automation, enabling organizations to manage customer relationships effectively and improve overall customer experience. Additionally, Creatio offers robust business process management tools that allow users to design, execute, monitor, and optimize their workflows. By combining CRM and business process management capabilities with a user-friendly no-code approach, Creatio aims to accelerate organizational efficiency and innovation.

Liki24

Venture Round in 2020
Liki24 is a logistics company that operates an e-commerce pharmacy platform aimed at enhancing healthcare accessibility. The platform offers a comprehensive selection of medicines by analyzing prices and availability across numerous partner pharmacies. It facilitates seamless integration and coordination among pharmacies, clinics, and insurance companies, allowing patients to efficiently connect with pharmacies. By utilizing advanced software for logistics team coordination, task management, and data management, Liki24 enables the delivery of medications directly to patients' doorsteps.

MakeUp

Private Equity Round in 2020
MakeUp is a distributor and online retail marketplace specializing in a wide array of cosmetic products for both men and women. The company offers a diverse selection that includes shampoos, hair conditioners, face creams, face masks, dermatocosmetics, and nutritional supplements. In addition to skincare and hair care items, MakeUp provides perfumes, nail care products, and makeup kits from various brands, allowing customers to conveniently shop for their beauty needs in one place.

Purcari

Private Equity Round in 2020
Purcari operates as a wine producing company. The Wine Days were the days were the days when Chateau Purcari organized a very nice party.

Dobrobut

Private Equity Round in 2019
Dobrobut is a network of clinics and medical institutions in Kyiv and Kyiv region, offering essential services to patients in Ukraine. The company owns a wide network of clinics and hospitals, staffed by strong professionals and equipped with modern medical equipment, providing quality care to their patients. The company continuously invests in digitalization of business processes, including mobile platform that allows patients to plan and pay for their visits online.

Ajax Systems

Series A in 2019
Ajax Systems manufactures smart security systems and sensors for homes. It offers wireless window and door opening sensors and movement sensors. The company was founded in 2011 and is based in Kyiv, Ukraine.

Yarych Confectionery

Private Equity Round in 2018
Yarych Confectionery LLC, established in 1986 and based in Lviv, Ukraine, specializes in the production of semi-sweet biscuits and crackers. The company offers a variety of products, including its branded Maria biscuits, petit beurre, and several flavors of packaged long cookies and crackers. As of October 2018, Yarych Confectionery operates as a subsidiary of Dilbeta Investments Limited and Sermola Holdings Limited, focusing on delivering quality baked goods to the retail market.

Moldova Agroindbank

Private Equity Round in 2018
Moldova Agroindbank is a commercial bank based in Chişinău, Moldova, established in 1991. It offers a wide range of financial services tailored for both individuals and legal entities. The bank provides various products including mortgage loans, consumer credit, term deposits, current accounts, and payment cards. Additionally, it offers capital market investment products, letters of credit, bank guarantees, and documentary collections. Moldova Agroindbank also provides leasing options, multi-optional loans, credit cards, overdraft facilities, and microcredit loans, as well as financing solutions for personal expenses and working capital. Through its diverse offerings, the bank aims to meet the needs of its varied customer base.

Anex

Private Equity Round in 2016
In only 9 years of the company’s existence we have managed to achieve great success, to receive several international awards and to expand sales to 42 countries around the world. Today, we are one of the leaders on the juvenile products market of Eastern Europe and CIS. Every day we work on the improvement and development of our products. We are glad to provide comfort and reliability for parents, as well as happiness and safety for children. Rapidly progressing and continuously pursuing new horizons for ourselves, we are interested in collaborative projects with companies whose values are similar to ours. We constantly promote our brand internationally, investing great resources in diverse and effective advertisements that will contribute to the promotion of your business as well. Every year we participate in international baby products trade fairs that give us the opportunity to expand our markets and to find new partners.

DataGroup

Acquisition in 2016
Datagroup is a leading company in the telecommunications market. Customers of the company receive exactly the services that are needed for the active, dynamic development of their business. The history of the company began in 2000, since the development of Datagroup has become a serious player in the market of telecommunication technologies. The company is the leader in the VSAT satellite communication segment in Ukraine (85%) and the CIS. According to the results of 2012, Datagroup owns 40% of the total revenue in the telecommunications market for corporate clients. In the inter-operator segment of the market, the company occupies 25% of the market in the revenue structure. The company has set up a national network throughout Ukraine with a special rate on the regions and has become one of the leaders in the geography of the provided communication services.

Rozetka

Private Equity Round in 2016
Rozetka operates an e-commerce retailer that sells goods and services.

Rozetka

Private Equity Round in 2015
Rozetka operates an e-commerce retailer that sells goods and services.

Biofarma

Private Equity Round in 2012
Biofarma operates as a pharmaceutical manufacturer. Biofarma manufactures medicinal products made of donated human blood, recombinant preparations and drugs based on spore-forming bacteria.

Tinkoff

Series D in 2012
Tinkoff is an online financial ecosystem designed to meet the needs of both individuals and businesses. It provides a comprehensive array of financial services, including consumer lending, savings, investments, mortgages, insurance, and travel services, all accessible through its mobile app and website. Tinkoff emphasizes lifestyle banking, allowing customers to manage personal spending, earn loyalty rewards, and book various services seamlessly. Operating without physical branches, the company employs a network of smart couriers for product delivery across Russia and offers customer support through online platforms and call centers. Tinkoff leverages artificial intelligence and machine learning to enhance customer interactions, with AI handling a significant portion of inquiries. The bank's technological foundation is robust, with the majority of its staff specializing in IT, enabling the development of its products and systems in-house. Tinkoff has been recognized with multiple awards for innovation and excellence in digital banking, affirming its position as a leader in the financial technology sector.

Chukong Technologies

Series C in 2012
Chukong Technologies is a mobile entertainment platform company headquartered in Beijing, China, with additional operations in Tokyo, Seoul, Taipei, and Menlo Park, California. Initially founded as CocoaChina.com, the largest iOS developer community in China, Chukong provides tools and services that enhance efficiency and reduce costs for mobile content creators and developers globally. The company sponsors Cocos2d-x, a widely used cross-platform open-source game engine, which has been downloaded over 1.1 million times worldwide and is the foundation for many top-grossing games in China. To facilitate game development, Chukong developed CocoStudio, a toolset that simplifies game design and animation. The company's in-house studio has successfully created several popular games, including the Fishing Joy franchise and Pocket Climber. Chukong also partners with international developers to help them enter the Chinese mobile gaming market, offering support in areas such as game design, monetization, app store distribution, and localization. This extensive collaboration has enabled Chukong to reach over 63 million monthly active users and facilitate the success of games in various international markets.

Ciklum

Venture Round in 2012
Ciklum is a Danish IT outsourcing company founded in 2002, specializing in nearshore software development primarily in Eastern Europe, including Ukraine and Belarus. The company offers a range of services such as software development, quality assurance, IoT, big data analytics, and engineering consulting. Ciklum's business model combines technical expertise with a focus on client collaboration, allowing companies to enhance their IT processes and sustain growth through scalable resources. With a workforce of over 1,700 IT specialists, Ciklum supports more than 150 global clients and provides both project-based services and short-term resource solutions for specific tasks. The company operates six development offices in Ukraine, one in Belarus, and two in Pakistan, with additional representative offices across several European countries. Ciklum has received multiple accolades for its innovation and service quality, including recognition as a top IT employer in Ukraine and awards for its contributions to technology in the EMEA region.

UkrFinance

Private Equity Round in 2011
UkrFinance is a debt purchasing and collection agency. UkrFinance works with debt portfolios, as well as purchases distressed debts.

Vitmark

Private Equity Round in 2010
Vitmark operates as a manufacturer of non-alcoholic beverages. Vitmark brands include well-known Jaffa and Nash Sik. It currently operates two production sites in the Odessa region, processing plant in Rakhny and a nation wide distribution network with 12 regional sales offices. Jaffa and Nash Sik brands cover both premium and middle market segments.

Fortis Life Insurance Ukraine

Acquisition in 2010
Fortis Life Insurance Ukraine provides life insurance services. Fortis Life Insurance Ukraine insurance products, which include life insurance products for children's education, weddings, and retirements.

DataGroup

Private Equity Round in 2010
Datagroup is a leading company in the telecommunications market. Customers of the company receive exactly the services that are needed for the active, dynamic development of their business. The history of the company began in 2000, since the development of Datagroup has become a serious player in the market of telecommunication technologies. The company is the leader in the VSAT satellite communication segment in Ukraine (85%) and the CIS. According to the results of 2012, Datagroup owns 40% of the total revenue in the telecommunications market for corporate clients. In the inter-operator segment of the market, the company occupies 25% of the market in the revenue structure. The company has set up a national network throughout Ukraine with a special rate on the regions and has become one of the leaders in the geography of the provided communication services.

Bostavan

Acquisition in 2010
Bostavan engages in the production and sale of wine and spirits. Bostavan is state-of-the-art outfit and runs more the 800 hectares of young vineyards. Moreover, Bostavan Wineries Group owns one of the most famous Moldovan wine brands Rosu de Purcari and Negru de Purcari.

Purcari

Acquisition in 2010
Purcari operates as a wine producing company. The Wine Days were the days were the days when Chateau Purcari organized a very nice party.

Evrotek

Venture Round in 2008
Evrotek is a holding company that manages a food retail chain in Ukraine operating under the brand name Fresh. The company runs a network of supermarkets, mini-markets, and home-based stores, offering a diverse selection of products that includes food and non-food items, as well as its own produced goods. In addition to these products, Evrotek provides a variety of additional services to enhance the shopping experience for its customers.

Purcari

Private Equity Round in 2008
Purcari operates as a wine producing company. The Wine Days were the days were the days when Chateau Purcari organized a very nice party.

FinComBank

Private Equity Round in 2007
FinComBank S.A. is a prominent financial institution in the Republic of Moldova, offering a comprehensive range of commercial and retail banking services to private and corporate clients. Established in 1993 and headquartered in Chisinau, the bank provides various deposit products such as current accounts, savings deposits, and term deposits. Its lending portfolio includes consumer loans, business loans, mortgages, car leasing, revolving credit, and bank guarantees. Additionally, FinComBank issues and services debit and credit cards, facilitates the encashment of travel cheques, and processes utility payments through multiple channels, including ATMs and online platforms. The bank also offers foreign trade services, currency exchange, money transfer services, and investment opportunities in state securities, alongside auto and property insurance products. With a network of 17 branches and 82 representative offices, FinComBank caters to a diverse clientele, ranging from private individuals to small and medium-sized enterprises and large corporations.

MTBank

Private Equity Round in 2007
MTBank provides various banking services. MTBank is a member of the Association of Belarusian Banks, the Community of Worldwide Interbank Financial Communications (SWIFT), international payment systems VISA International and MasterCard.

FedBid

Series A in 2000
FedBid is the fully managed online marketplace optimizing the way governments, businesses and educational institutions buy the goods and services they need. In addition to benefitting businesses of every size, FedBid's marketplace is a proven positive force among local economies.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at support@teaserclub.com. Your feedback is most welcome.