Rubylight Technology

RubyLight is a venture capital firm established in 2010 and based in Riga, Latvia. The firm focuses on investing in fast-growing internet and mobile startups, particularly in sectors such as social media, content sharing, communications, and crowdsourcing. RubyLight aims to support young companies in scaling and expanding globally by providing not only financial funding but also access to a professional technology team and proprietary technology. By leveraging these resources, RubyLight assists startups in accelerating their growth and enhancing their competitive edge in the market.

Dmitry Burbo

Product Analyst and Partner

Alexey Chirkov

Partner, Web and Mobile Architecture

Andrey Golev

Partner and Infrastructure Architecture

Elino Parhomenko

Partner, Product Development and Product Architect

Aija Perta

Partner, Operations and Finance

Vitaly Rubstein

Co-Founder and Partner

10 past transactions

Megamod

Seed Round in 2024
Megamod is a user-generated content platform that entered early access in May 2023, offering a catalog of over 20,000 games by year's end. It provides creators with tools to develop, distribute, promote, and monetize their video games without requiring coding or advanced art skills. The platform is designed to engage young users, who are familiar with voxel graphics and various game mechanics, enabling them to create diverse game types such as parkour tracks, mazes, and sports games, often influenced by popular culture. Additionally, Megamod focuses on play-to-earn projects, allowing users to earn cryptocurrencies and trade NFTs, enhancing the gaming experience through financial incentives and community engagement.

Peerby

Seed Round in 2022
A neighborhood network for sharing consumer goods. Borrow power tools, electronics, party equipment, and much more from your neighbors.

Tandem

Series A in 2020
Tandem is a peer-to-peer language-learning platform that connects users globally, allowing them to practice and learn over 300 languages through text, audio, and video chat. Founded in 2015 by Arnd Aschentrup, Tobias Dickmeis, and Matthias Kleimann, the platform currently serves ten million members who can engage with native speakers and other language learners. Users have the option to book lessons with professional teachers, enhancing their language skills through diverse interactions. Tandem has been recognized by both Apple and Google for its innovative approach to language education. The app is available for free on iOS, Android, and the web, and it is supported by notable European investors.

Sweatcoin

Seed Round in 2018
Sweatcoin is a digital currency that incentivizes physical activity by converting verified movement into a cryptocurrency. Users can earn this currency by engaging in exercise, which can then be donated to charity, transferred to other users, or spent on various products, services, and experiences offered by Sweatcoin's vendors and user community. The platform aims to address present bias by providing immediate rewards for physical movement, thereby changing how individuals perceive the benefits of exercise. By leveraging technology to track and verify physical activity, Sweatcoin enables users to earn currency while maintaining an active lifestyle.

Jodel

Series A in 2017
At Jodel, we're more than just a social media app. Jodel enables the users to discover, follow, and participate in real-time in the most relevant conversations with people nearby. You can connect with people who share your interests, discover new places, and express yourself freely. Jodel has millions of active users across the Nordics, DACH and middle-east and continue to expand globally. No sign-up or profile necessary.

Tandem

Seed Round in 2016
Tandem is a peer-to-peer language-learning platform that connects users globally, allowing them to practice and learn over 300 languages through text, audio, and video chat. Founded in 2015 by Arnd Aschentrup, Tobias Dickmeis, and Matthias Kleimann, the platform currently serves ten million members who can engage with native speakers and other language learners. Users have the option to book lessons with professional teachers, enhancing their language skills through diverse interactions. Tandem has been recognized by both Apple and Google for its innovative approach to language education. The app is available for free on iOS, Android, and the web, and it is supported by notable European investors.

Jodel

Seed Round in 2016
At Jodel, we're more than just a social media app. Jodel enables the users to discover, follow, and participate in real-time in the most relevant conversations with people nearby. You can connect with people who share your interests, discover new places, and express yourself freely. Jodel has millions of active users across the Nordics, DACH and middle-east and continue to expand globally. No sign-up or profile necessary.

Bolt

Seed Round in 2014
Bolt is the first European app with a mission to make cities for people, not cars. Bolt has 100 million customers in 45 countries across Europe and Africa. The company challenges personal car ownership, offering better alternatives for every use case, including ride-hailing, shared cars and scooters, and food and grocery delivery. Bolt was founded in 2013 and is headquartered in Tallinn, Estonia.
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.