InVenture Partners

InVenture Partners is a venture capital firm established in 2012 and headquartered in Moscow, Russia. The firm focuses on seed, early, mid, and late-stage investments primarily in sectors such as online financial services, technology, marketing, digital media, mobile, and telecommunications. Its investment strategy targets companies located in Russia, the United States, the CIS region, the United Kingdom, and various European markets. InVenture Partners typically invests between $0.5 million and $5 million in businesses with an enterprise value ranging from $1 million to $50 million. The firm seeks to partner with companies that have the potential for an Initial Public Offering within two to three years and generally prefers to take a minority stake and secure a board seat in its portfolio companies. Notable investments include the on-demand service Gett, telehealth provider American Well, and the long-distance bus ticket platform Busfor. InVenture Partners aims for exits within five years, with the possibility of extending this timeline by an additional two years.

Azatyan, Sergey

Founder and Managing Partner

34 past transactions

Squirrel Province

Series A in 2023
Squirrel is a full-scenario living service platform that combines "clothing, food, housing, transportation, travel, shopping, and entertainment. It creates a shared value network and a closed loop between customers, platforms, and merchants by deeply integrating digital twin technology with the Internet of Things (IoT). system to continuously create societal value.

Amwell

Series C in 2020
Amwell is a telehealth platform based in the United States that connects healthcare providers, insurers, patients, and innovators to enhance access to affordable and high-quality medical care. Founded in 2006 and headquartered in Boston, the company offers a comprehensive platform to address various telehealth needs, including urgent and acute care, post-acute care, chronic care management, and healthy living. With over a decade of experience, Amwell serves more than 240 health systems, comprising 2,000 hospitals and 55 health plan partners, and reaches over 150 million individuals, including 36,000 employers. The platform supports both on-demand and scheduled consultations, providing solutions for primary care, specialty consults, and chronic care programs like musculoskeletal and dermatology care.

Refurbed

Series A in 2020
Refurbed GmbH is an online marketplace based in Vienna, Austria, specializing in the sale of refurbished electronic goods. Founded in 2017, the company offers a wide range of products, including smartphones, laptops, tablets, TVs, smartwatches, headphones, consoles, cameras, and kitchen appliances. Refurbed distinguishes itself by providing refurbished devices that are renewed through a meticulous 40-step process, ensuring they look and function like new while being offered at prices up to 40% lower than new items. Additionally, all products come with a minimum 12-month guarantee, making them a more environmentally friendly and cost-effective choice for consumers.

Lemonade

Series D in 2019
Lemonade, Inc. is an insurance provider based in New York, offering a range of products in the United States and Europe. Founded in 2015, the company specializes in homeowners and renters insurance, covering stolen or damaged property and personal liability for accidents involving customers. Additionally, Lemonade offers landlord insurance policies for property owners renting out their units. The company distinguishes itself by utilizing artificial intelligence and behavioral economics to streamline the insurance process, replacing traditional brokers and paperwork with automated systems. As a licensed insurance carrier, Lemonade aims to enhance customer experience while promoting social good.

MILES

Series A in 2019
MILES is an independent carsharing and modern mobility. They believe in the energy and the pulse of cities and how they inspire them. MILES is your wingman on your trip through urbanity, guiding you to its hidden treasures and cool spots, which make your city so worth living. Their passion for the new and unexplored drives them in their vision to make urban life better. Driving with no time pressure, no limits and no specific car brand.

Refurbed

Seed Round in 2019
Refurbed GmbH is an online marketplace based in Vienna, Austria, specializing in the sale of refurbished electronic goods. Founded in 2017, the company offers a wide range of products, including smartphones, laptops, tablets, TVs, smartwatches, headphones, consoles, cameras, and kitchen appliances. Refurbed distinguishes itself by providing refurbished devices that are renewed through a meticulous 40-step process, ensuring they look and function like new while being offered at prices up to 40% lower than new items. Additionally, all products come with a minimum 12-month guarantee, making them a more environmentally friendly and cost-effective choice for consumers.

UBank

Series B in 2018
UBank is a financial services provider based in Moscow, Russia, that specializes in mobile payment solutions. Founded in 2011, the company has a history of serving the financial needs of mineworkers and their families over the past four decades. UBank's mobile application allows users to securely manage multiple credit cards from different banks, enabling them to pay for various services, including mobile communications, utilities, internet, television, and online games. The platform also facilitates money transfers across different payment systems, catering primarily to customers in Russia and the wider CIS region. Through its innovative approach, UBank has established itself as a key player in the mobile payment industry.

Cityscoot

Series B in 2018
Cityscoot offers full access to electric scooters throughout Paris, Nice, Milan and Rome through an app. The company started operating 150 free floating electric scooters in Paris in June 2016. Since then, it has progressively extended its fleet to 5000 scooters in Paris, Nice, Milan and Rome (summer 2019). The user identifies in the app an available scooter nearby, books it free of charge for 10 minutes, then unlocks it with a four digit code. The service includes a comprehensive insurance coverage to ensure safe rentals. Cityscoot is the only operator that has developed its own software and hardware technology. Fleet management is another point of differentiation : employees are maintening the scooters in good conditions and they're driving electric utility-trucks.

Everoad by sennder

Series A in 2017
Based out of Berlin, sennder was founded in 2015 by David Nothacker, Nicolaus Schefenacker and Julius Koehler. In 2020, Everoad, the French leader in digital freight forwarding based in Paris and founded by Maxime Legardez, merged with sennder to become Europe's leading digital freight forwarder. By merging with sennder, Everoad becomes "Everoad by sennder". Our mission as a data-based technology company is to revolutionize the logistics and transport industry by connecting small freight companies with large business groups. By introducing technology, we remove the challenges and inefficiencies associated with the transportation of goods across Europe, while increasing the degree of transparency in the marketplace and helping it to move more seamlessly. Since its foundation, sennder has raised over €120m from leading investors including, Accel, Lakestar, HV Holtzbrinck, Project A, Next47, SCG and Perpetual. In 2020, sennder also made a JV with Poste Italiane in Italy and acquired the European activities of Uber Freight. sennder has strategic partnerships with industry giants Scania and Siemens to guarantee continuous innovation and services using the most up-to-date technology. With a team of over 500 people in 7 countries, we move +50,000 loads across Europe, each month. sennder's teams are passionate about modernizing the freight market, an industry valued today at nearly €400bn, only in Europe.

2can

Series C in 2017
2can is a Russian startup specializing in mobile point-of-sale technology that enables businesses to accept card payments using smartphones. Launched in September 2012, the service provides a smartphone application compatible with iOS and Android, along with an attachable card reader that processes Visa and MasterCard transactions. 2can was the first mobile acquiring service in Russia to meet the security standards set by Visa and MasterCard, and it offers a dual card reader certified with VisaReady and PCI-DSS compliance. By facilitating payment acceptance anywhere and at any time, 2can not only streamlines financial transactions for businesses but also provides valuable customer insights.

Deliver

Seed Round in 2017
Deliver is a Moscow-based company founded in 2014 that offers a web-based platform designed to streamline the transportation of goods across various modes. The platform caters to logistics businesses and provides a fully automated process, enhancing flexibility and convenience in transportation requests. Deliver focuses on improving efficiency in truck utilization while ensuring comprehensive financial and legal responsibility for cargo safety. By prioritizing comfortable and secure transportation services, the company enables timely payments for carriers, thereby supporting the broader e-commerce and logistics sectors.

CHRONEXT

Series C in 2016
CHRONEXT is a comprehensive platform dedicated to the trading of luxury watches. It facilitates the buying, selling, and servicing of watches through its in-house certified watchmaking atelier. The company provides a wide range of options, including brand new, pre-owned, and vintage timepieces, all of which undergo thorough inspection to ensure quality and authenticity. Through its digital platform, CHRONEXT aims to streamline the luxury watch market for both buyers and sellers.

Independent Media Publishing

Secondary Market in 2016
Independent Media Publishing house specializes in producing glossy publications and developing innovative digital projects. We create superior print and digital media, inspiring readers and setting the standard for glossy journalism by employing best practices from around the world. Their highly professional and creative team – one of the most outstanding in Russia – consistently produces unique and engaging content while offering advertisers a range of effective solutions. Leading domestic and international brands have long relied on their publications to connect with Russian readers. Their portfolio consists of six women’s magazines: the first glossy magazines in Russia – Cosmopolitan, Cosmopolitan Shopping and Cosmopolitan Beauty; the first fashion magazine in Russia – Harper’s Bazaar; one of Russia’s most popular women’s magazines – Domashny Ochag; and the fashion weekly Grazia. The strength of their portfolio of men’s magazines is built upon the legendary title Esquire, Popular Mechanics, which explores how the world’s most interesting things work, and Robb Report Russia, a guide to the world of luxury. Their digital portals complements and expands the potential of the print magazines. Each of them has its own dedicated website that does more than simply reproduce the same material online: they serve as full-fledged resources in their own right, with unique content and readerships. All their magazines are also available for the iPad and the most popular websites are accessible through mobile apps. Additionally, the publishing house runs Fotoimedia, an in-house photo agency with images for sale from its own archives and from the photo collections of its partners.

iboxPro

Series B in 2016
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.

2can

Venture Round in 2015
2can is a Russian startup specializing in mobile point-of-sale technology that enables businesses to accept card payments using smartphones. Launched in September 2012, the service provides a smartphone application compatible with iOS and Android, along with an attachable card reader that processes Visa and MasterCard transactions. 2can was the first mobile acquiring service in Russia to meet the security standards set by Visa and MasterCard, and it offers a dual card reader certified with VisaReady and PCI-DSS compliance. By facilitating payment acceptance anywhere and at any time, 2can not only streamlines financial transactions for businesses but also provides valuable customer insights.

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.

CHRONEXT

Series B in 2015
CHRONEXT is a comprehensive platform dedicated to the trading of luxury watches. It facilitates the buying, selling, and servicing of watches through its in-house certified watchmaking atelier. The company provides a wide range of options, including brand new, pre-owned, and vintage timepieces, all of which undergo thorough inspection to ensure quality and authenticity. Through its digital platform, CHRONEXT aims to streamline the luxury watch market for both buyers and sellers.

Netology Group

Series A in 2015
Netology Group focuses on the development of educational online platforms and training programs for students, professionals, and businesses. Netology Group offers FOXFORD, a suite of online courses for students; NETOLOGIYA, an online training program that focuses on online trading and business skills; and SMART LEARNING, a training program that focuses the development and implementation of B2B and B2G SaaS-solutions. Netology Group was founded by Maxim Spiridonov in 2014. It is based in Moscow, Russia.

Ometria

Seed Round in 2015
Ometria Ltd. operates a SaaS-based ecommerce intelligence platform designed to assist retailers in making data-driven decisions regarding customer segmentation, product merchandising, marketing, and on-site customer experiences. Founded in 2013 and based in London, the company aims to enhance communication between retailers and their customers by leveraging data to create detailed customer profiles. This enables retailers to send relevant messages, thereby increasing engagement and revenue. Ometria's platform incorporates a customer data platform (CDP) that facilitates cross-channel marketing and customer experience management through automated software and big data technology. The company has attracted investment from prominent entrepreneurs and investors and is utilized by leading retailers in the UK, Europe, and beyond.

Amwell

Venture Round in 2015
Amwell is a telehealth platform based in the United States that connects healthcare providers, insurers, patients, and innovators to enhance access to affordable and high-quality medical care. Founded in 2006 and headquartered in Boston, the company offers a comprehensive platform to address various telehealth needs, including urgent and acute care, post-acute care, chronic care management, and healthy living. With over a decade of experience, Amwell serves more than 240 health systems, comprising 2,000 hospitals and 55 health plan partners, and reaches over 150 million individuals, including 36,000 employers. The platform supports both on-demand and scheduled consultations, providing solutions for primary care, specialty consults, and chronic care programs like musculoskeletal and dermatology care.

Moneymatika

Seed Round in 2014
Moneymatika LLC is an online financial platform based in Moscow, Russia, that serves as a comprehensive resource for banking, insurance, and cellular communication services. The platform aims to simplify the decision-making process for consumers by providing information on a wide array of financial products and highlighting essential details often overlooked. By enabling users to compare, select, and purchase various financial services efficiently, Moneymatika helps consumers save money and make informed choices tailored to their needs.

Netology Group

Venture Round in 2014
Netology Group focuses on the development of educational online platforms and training programs for students, professionals, and businesses. Netology Group offers FOXFORD, a suite of online courses for students; NETOLOGIYA, an online training program that focuses on online trading and business skills; and SMART LEARNING, a training program that focuses the development and implementation of B2B and B2G SaaS-solutions. Netology Group was founded by Maxim Spiridonov in 2014. It is based in Moscow, Russia.

onlinetours

Venture Round in 2014
OnlineTours is a Russian online travel agency that specializes in selling packaged tours through its website. The platform facilitates the planning of holiday vacations by providing a user-friendly search system for various destinations. It offers comprehensive services that include searching, booking, and payment for tours, allowing clients to select the ideal options for their travel needs. By streamlining the process of planning and booking vacations, OnlineTours aims to enhance the overall experience for travelers seeking well-organized tours.

Gill Business Systems

Series A in 2014
Gill Business Systems develops and inventory-distribution system for the passenger bus transportation market.

Busfor

Series A in 2014
Busfor is a company that enhances the bus transportation sector by offering a comprehensive online ticketing platform. It connects bus operators and carriers with both online and offline customers, facilitating the search, comparison, and purchase of bus tickets. With inventory from over 7,000 operators, Busfor allows passengers to conveniently book tickets through its website, mobile app, or via more than 600 partner locations. The platform is designed by experienced professionals and IT specialists to ensure users can access competitive pricing while streamlining the booking process.

CrowdSystems

Series A in 2014
CrowdSystems specializes in crowd management and security services, focusing on the design and implementation of staffing and security plans for various events. The company also provides innovative retail analytics solutions by employing crowdsourcing techniques to enhance trade returns and communication activities for leading retailers and manufacturers. By leveraging advanced IT platforms, CrowdSystems collects real-time retail visibility and consumer insights, transforming these data into actionable strategies that drive revenue and profitability. With a team of experts who possess extensive experience in working with global brands, CrowdSystems aims to disrupt traditional methods of retail audits and consumer research studies.

Netologiya groups

Series A in 2014
Netologiya" - a university for training and additional training of specialists in the field of Internet marketing, project management, design, interface design, and web development. As part of our online platform, students receive valuable practical knowledge from leading experts Runet, perform practical tasks in the testing of acquired skills, communicate with experts and like-minded people.

Netology Group

Series A in 2014
Netology Group focuses on the development of educational online platforms and training programs for students, professionals, and businesses. Netology Group offers FOXFORD, a suite of online courses for students; NETOLOGIYA, an online training program that focuses on online trading and business skills; and SMART LEARNING, a training program that focuses the development and implementation of B2B and B2G SaaS-solutions. Netology Group was founded by Maxim Spiridonov in 2014. It is based in Moscow, Russia.

2can

Series B in 2014
2can is a Russian startup specializing in mobile point-of-sale technology that enables businesses to accept card payments using smartphones. Launched in September 2012, the service provides a smartphone application compatible with iOS and Android, along with an attachable card reader that processes Visa and MasterCard transactions. 2can was the first mobile acquiring service in Russia to meet the security standards set by Visa and MasterCard, and it offers a dual card reader certified with VisaReady and PCI-DSS compliance. By facilitating payment acceptance anywhere and at any time, 2can not only streamlines financial transactions for businesses but also provides valuable customer insights.

StarCard

Series A in 2012
Starcard - a new generation of loyalty program

2can

Series A in 2012
2can is a Russian startup specializing in mobile point-of-sale technology that enables businesses to accept card payments using smartphones. Launched in September 2012, the service provides a smartphone application compatible with iOS and Android, along with an attachable card reader that processes Visa and MasterCard transactions. 2can was the first mobile acquiring service in Russia to meet the security standards set by Visa and MasterCard, and it offers a dual card reader certified with VisaReady and PCI-DSS compliance. By facilitating payment acceptance anywhere and at any time, 2can not only streamlines financial transactions for businesses but also provides valuable customer insights.

onlinetours

Series A in 2012
OnlineTours is a Russian online travel agency that specializes in selling packaged tours through its website. The platform facilitates the planning of holiday vacations by providing a user-friendly search system for various destinations. It offers comprehensive services that include searching, booking, and payment for tours, allowing clients to select the ideal options for their travel needs. By streamlining the process of planning and booking vacations, OnlineTours aims to enhance the overall experience for travelers seeking well-organized tours.

Fogg Mobile

Series A in 2012
Fogg is the Service Creation Factory for the Internet of Things. Although not a factory in the traditional sense as a place where physical goods are made or assembled, the Fogg Factory is engaged logically in the same process. Like some of the best physical factories, the Fogg Factory builds to order, using common components where possible to exploit economies of scale to keep prices down, while meeting the individual needs of each customer. The output is an Internet of Things service platform fit for the required purpose without the customer having to worry about how the constituent parts, including the SIM, have been put together. Fogg is based in San Francisco with additional offices in Stockholm, Seattle, London and Singapore. Fogg is owned by founders, employees and InVenture Partners. Follow the journey at www.foggmobile.com

Happlink

Series A in 2012
Happlink - is a service through which you can: ● to meet people who share your interests .● find places and events that are worth visiting ● read the most recent publications and other users themselves write about what you are interested in/ It is important here that you can find new people and learn from them, and not just add "friends" you know, as is customary in social networks. Also, you can see on the map, who is currently near you. Here it easy to find interesting places, events and intentions of other users, you can join and have a great time. And to your publications became popular, and you got recognition Happlink, it is not necessary to add thousands of "friends" - just to be active in their own interests. Service interest Happlink unite you with like-minded people help to find good buddies, new places and exciting activities, as well as entertain you. By signing up, you can read every day fresh publications on topics of interest to you, discuss them, and create the posts that other users will "laykat" and comment. A map you can track existing events, places and intentions and create your own.
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