Runa Capital

Runa Capital is a technology-focused venture capital firm established in 2010, based in California. The firm manages three funds, with Runa I and Runa II each launched with $135 million and making 33 and 30 investments, respectively. Runa III, initiated in 2019, is currently in the active investment stage. Runa Capital targets early-stage software and technology companies, emphasizing sectors such as cloud computing, fintech, edutech, and digital healthcare. Its investment strategy includes a geographical focus on North America, Europe, and the Asia-Pacific region, with particular attention to Central and Eastern Europe, Turkey, and Israel. Individual investments typically range from $1 million to $10 million, with an average investment of $3 million to $5 million. Founded by experienced entrepreneurs, Runa Capital leverages its extensive operational experience and professional network to identify and support growth businesses that demonstrate potential for international success.

Peter Bauert

Partner

Andre Bliznyuk

General Partner

Anastasia Borodina

Chief Financial Officer

Dmitry Chikhachev

Co-Founder & General Partner

Michael Fanfant

General Partner

Dmitry Galperin Ph.D

General Partner

Konstantin Gnyp

Senior Associate

Jinal Jhaveri

Venture Partner

Kelly Lachance

Associate

Maria Lepskaya

Senior Associate

Marie Lepske

Senior Associate

Gleb Onischenko

Associate

Konstantin Vinogradov

Senior Associate

Ilya Zubarev

Co-Founder & Chairman

Past deals in CIS

GOSU.AI

Series B in 2019
GOSU.AI operates an artificial intelligence-based esports platform designed for competitive gamers and multiplayer online game players. Founded in 2017 and headquartered in Moscow, Russia, the company provides advanced tools including bots for post-match analysis and pre-match preparation, as well as simulators that help players train by addressing repeated mistakes. Utilizing machine learning algorithms, GOSU.AI enhances gaming performance through data-driven insights, training professional gamers, and improving analytics for gaming companies.

Monedo

Venture Round in 2019
Monedo Holding GmbH specializes in providing credit lending solutions through advanced technology, particularly focusing on the underbanked population. The company employs machine-learning algorithms and big data scoring to enhance credit decision-making and accessibility. Its product lineup includes customized installment loans, microloans through Kredito24, a digital wallet, and a personal finance manager aimed at helping customers manage their finances effectively. Additionally, Monedo offers a "Lending as a Service" model, enabling partners to integrate its credit products via API into their platforms. Founded in 2012 and headquartered in Hamburg, Germany, Monedo operates across multiple markets, including Poland, Romania, Russia, Spain, and Thailand, processing over four million loan applications to date. The company is led by CEO and Co-Founder Alexander Graubner-Müller and is supported by prominent investors.

GOSU.AI

Series A in 2018
GOSU.AI operates an artificial intelligence-based esports platform designed for competitive gamers and multiplayer online game players. Founded in 2017 and headquartered in Moscow, Russia, the company provides advanced tools including bots for post-match analysis and pre-match preparation, as well as simulators that help players train by addressing repeated mistakes. Utilizing machine learning algorithms, GOSU.AI enhances gaming performance through data-driven insights, training professional gamers, and improving analytics for gaming companies.

Lingualeo

Venture Round in 2015
Lingualeo.com is an online service for learning and practicing English, used by 17 million people around the world! They solve the main problem of foreign language learners - they support motivation. Their users study English using authentic materials in English (movies, music, books), undergo exciting training sessions to consolidate vocabulary, master courses for their goals (for work, communication, travel) , perform tasks and monitor the satiety of the Leo character. Lingualeo is a multi-platform service. It is available on the web platform and in the form of free mobile applications for iOS, Android, Windows Phone and browser extensions .

Acumatica

Series D in 2014
Acumatica, Inc. is a provider of cloud-based business management software designed for small and mid-sized enterprises. The company offers a comprehensive suite of integrated applications, including Financial Management, Distribution Management, Project Accounting, and Customer Management, all built on a flexible cloud platform. These solutions help businesses manage essential functions such as financial reporting, inventory control, project budgeting, and customer relationship management. Acumatica also provides a development platform that allows software developers to create and customize applications for the cloud. The company serves various industries, including wholesale distribution, manufacturing, retail, and professional services, and offers support services such as training, consulting, and implementation. Founded in 2007 and headquartered in Bellevue, Washington, Acumatica has expanded its presence with additional offices in locations like Moscow and Singapore.

Ecwid

Series B in 2014
Ecwid, Inc. is an e-commerce platform designed for small businesses, allowing them to sell products online seamlessly. Founded in 2009 and based in Ulyanovsk, Russia, the platform enables users to integrate a fully functional online store into their existing websites while maintaining the original design. It supports sales through various channels, including websites, social media, and marketplaces, providing merchants with tools for centralized inventory, order management, and pricing. Ecwid facilitates the convergence of online and offline sales through point-of-sale and mobile point-of-sale integrations, enabling merchants to sell products anytime and anywhere. The platform allows businesses to establish a digital storefront quickly and offers access to major marketplaces like Amazon and Google, along with advertising and selling capabilities on social media platforms, such as Instagram and Facebook.

Acumatica

Series C in 2013
Acumatica, Inc. is a provider of cloud-based business management software designed for small and mid-sized enterprises. The company offers a comprehensive suite of integrated applications, including Financial Management, Distribution Management, Project Accounting, and Customer Management, all built on a flexible cloud platform. These solutions help businesses manage essential functions such as financial reporting, inventory control, project budgeting, and customer relationship management. Acumatica also provides a development platform that allows software developers to create and customize applications for the cloud. The company serves various industries, including wholesale distribution, manufacturing, retail, and professional services, and offers support services such as training, consulting, and implementation. Founded in 2007 and headquartered in Bellevue, Washington, Acumatica has expanded its presence with additional offices in locations like Moscow and Singapore.

RocketBank

Seed Round in 2013
RocketBank LLC is a Moscow-based company that develops mobile applications to provide banking services, catering primarily to smartphone users. Founded in 2012, RocketBank offers a range of services including free card loading, cash withdrawals at any ATM worldwide, money transfers, expenditure analysis, a discount guide, and an air miles program. The company focuses on modernizing traditional financial services to enhance user experience. As of May 2016, RocketBank operates as a subsidiary of Otkritie Bank Joint Stock Company and currently serves customers exclusively in Russia.

Angry Citizen

Seed Round in 2013
Angry Citizen Limited is a Russian company that provides an online platform for submitting and tracking complaints related to products and services. The platform allows users to report issues, which are then routed to the appropriate vendors and authorities responsible for addressing them. This software solution facilitates the resolution of complaints by connecting consumers with the relevant organizations, ensuring that grievances are effectively managed and reported.

VitaPortal

Series B in 2013
Vitaportal.ru is a Russia based online web portal offering comprehensive and reliable health and medicine information to improve users and their families' health. The medical information published on the portal is all independently reviewed by specialty health care providers and medical institutions to ensure its reliability. The site also has certification by HONcode - the internationally recognized symbol for ethical and credible medical information published on websites. Vitaportal.ru was launched in June 2011 by the team of professionals with more than 20 year's expertise in the Russian internet and healthcare industries. The company was initially funded by innovative venture capital company, Fast Lane Ventures, and was modeled on the leading healthcare information site in the United States, WebMD Health Network. VitaPortal: * Is backed by a World Class Advisory Board: Esther Dyson, Peter Frishauf, Milena Adamian * Winner of the Russian Internet Award 2011 in Healthcare Vitaportal.ru is a Fast Lane Ventures portfolio company.

Eruditor Group

Series B in 2013
Eruditor Group owns and operates online search portals connecting customers with professional service providers for private tutors, sports coaches, beauty specialists, driving instructors, artists, musicians, photographers, doctors and medical professionals, repair technicians and building contractors. The company was founded in 2005 and is based in Moscow, Russia.

profi.ru

Series B in 2013
profi.ru operates an online marketplace that allows users to find freelancers and professionals in categories such as tutors, doctors, beauty masters, artists and musicians, handymen, personal trainers, and driving instructors. The company was founded in 2005 and is based in Moscow, Russia.

Playtox

Series A in 2013
Playtox is a company that specializes in the development of multi-platform browser-based multiplayer mobile games, which operate on various mobile web browsers without the need for downloads. Established in 2010 and headquartered in Novosibirsk, Russian Federation, Playtox has garnered a significant user base, with over 33 million registered players primarily in Russia and CIS countries, and hundreds of thousands of daily active users. The company extends its services internationally, launching games in markets such as Brazil, India, Vietnam, Indonesia, and Mexico. Playtox's focus on creating accessible game worlds allows players from diverse regions to engage with its offerings on any mobile device.

uBank

Series A in 2013
uBank is a financial services provider based in Midrand, South Africa, specializing in banking and transactional services. Established in 2011, the company offers a range of mobile payment solutions that facilitate payments for utilities, mobile communications, internet services, fines, and online gaming. uBank primarily targets customers in Russia and the wider CIS region, building on a legacy of providing essential financial services to mining communities for over 40 years. The company has successfully expanded its offerings to encompass savings, loans, and various banking services, positioning itself as a prominent player in the financial sector.

GRUZOBZOR

Series A in 2013
GRUZOBZOR – is freight and trucks matching service for b2b logistics. Carriers, shippers and forwarders exchange offers and work online. They give tools to manage lots of freight and trucks online from anywhere. They help establishing closed information channels for exchanging trucks and loads between partners. They provide communication tools. They have useful features like distance calculator with cost of fuel and weather forecast. Their mission is to solve real problems in logistics.

Vdolg

Series A in 2013
Vdolg operates a mutual consumer loan portal in Russia, facilitating peer-to-peer lending. Based in Moscow, the platform connects borrowers and lenders directly, allowing individuals to obtain funds without the need for income verification or guarantors. Borrowers benefit from lower interest rates compared to traditional banks, while lenders can choose from various investment strategies to potentially earn higher returns than those offered by bank deposits. This innovative approach to lending aims to create a mutually beneficial environment for both parties involved.

ClipClock

Series A in 2012
ClipClock - is the video time-tagging service. Users can collect, share and search most relevant video moments of online video placed on most popular platforms on Internet.

Eruditor Group

Series A in 2012
Eruditor Group owns and operates online search portals connecting customers with professional service providers for private tutors, sports coaches, beauty specialists, driving instructors, artists, musicians, photographers, doctors and medical professionals, repair technicians and building contractors. The company was founded in 2005 and is based in Moscow, Russia.

Talkbits

Series A in 2012
TALKBITS IS A FREE SOCIAL WALKIE-TALKIE, A LOCATION BASED VOICE SERVICE (PTT) Talkbits is a real-time social voice stream with people nearby, anywhere in the world! With talkbits you can share public voice messages, listen to what others say, ask them about interesting events, exchange personal voice messages in a walkie-talkie style or discuss something exciting in group chats. ★ Venture Beat: «Need help? Walkie-talkie app lets you broadcast a message to nearby users» http://bit.ly/V19Eyf ★ The Wall Street Journal: «This works better than a text-based service»http://on.wsj.com/UoS0qO Learn firsthand news, ask locals about new places or drivers about current traffic jams, share your own advice, appoint meetings, talk over burning questions collectively, make new acquaintances or just chat… It’s up to you. Turn your phone into a social walkie-talkie! Key features: ★ Live public audio streams and voice messages ★ Cross Platform Push-to-talk (PTT) instant walkie-talkie messenger ★ Sending public voice records to geotagged channels ★ Private chats ★ Group chats ★ Conversation history ★ Facebook contacts Integration ★ Works over EDGE/3G/4G or Wi-Fi ★ Absolutely FREE and NO Advertising

Domosite

Series A in 2012
Domosite owns and operates a social network for people who live in big houses. Users can meet members of other condominiums, send a request to the plumber or just chat about the news. Domosite is based in the Russian Federation.

Dnevnik

Series B in 2012
Dnevnik.ru operates an online educational network that facilitates collaboration among school administrators, teachers, students, and parents. The platform offers various features, including online scheduling, homework management, report cards, a social calendar, and access to a virtual library. Launched in August 2007 by Gavriil Levi and Alexander Zubkov, Dnevnik is headquartered in Saint Petersburg, Russia. The service not only assists educators in refining their teaching processes but also allows parents to monitor their children's academic progress and engage in their education. Additionally, it provides state agencies with the ability to oversee and keep informed about educational activities within their jurisdiction.

Lingualeo

Series A in 2012
Lingualeo.com is an online service for learning and practicing English, used by 17 million people around the world! They solve the main problem of foreign language learners - they support motivation. Their users study English using authentic materials in English (movies, music, books), undergo exciting training sessions to consolidate vocabulary, master courses for their goals (for work, communication, travel) , perform tasks and monitor the satiety of the Leo character. Lingualeo is a multi-platform service. It is available on the web platform and in the form of free mobile applications for iOS, Android, Windows Phone and browser extensions .

B2B-Center

Private Equity Round in 2012
B2B-Center is the operator of a major e-procurement marketplace in Russia. B2B-Center platform enables businesses both to sell and purchase products and services, thus extending sales channels for suppliers and improving sourcing and procurement efficiency. Daily contracts value on B2B-Center is between USD $70-300 mn, with an average transaction amount of USD $200,000. As of today, more than 80% of the business sector's e-trade in Russia takes place on B2B-Center, of which the clients are over 343,000 companies from nearly 100 countries.

Travelmenu

Series B in 2012
Travelmenu is a leading online travel company in Russia and Ukraine, catering to various market segments including travel agencies, corporate clients, and individual consumers. The company stands out in the industry with its extensive product offering, featuring access to 250,000 hotels and 500 airlines, surpassing local competitors. Travelmenu achieves this through advanced technology, utilizing Amadeus and XML API connectivity to integrate with third-party services, thereby enhancing its service delivery and reach in the travel market.

Dnevnik

Series B in 2012
Dnevnik.ru operates an online educational network that facilitates collaboration among school administrators, teachers, students, and parents. The platform offers various features, including online scheduling, homework management, report cards, a social calendar, and access to a virtual library. Launched in August 2007 by Gavriil Levi and Alexander Zubkov, Dnevnik is headquartered in Saint Petersburg, Russia. The service not only assists educators in refining their teaching processes but also allows parents to monitor their children's academic progress and engage in their education. Additionally, it provides state agencies with the ability to oversee and keep informed about educational activities within their jurisdiction.

Ecwid

Series A in 2011
Ecwid, Inc. is an e-commerce platform designed for small businesses, allowing them to sell products online seamlessly. Founded in 2009 and based in Ulyanovsk, Russia, the platform enables users to integrate a fully functional online store into their existing websites while maintaining the original design. It supports sales through various channels, including websites, social media, and marketplaces, providing merchants with tools for centralized inventory, order management, and pricing. Ecwid facilitates the convergence of online and offline sales through point-of-sale and mobile point-of-sale integrations, enabling merchants to sell products anytime and anywhere. The platform allows businesses to establish a digital storefront quickly and offers access to major marketplaces like Amazon and Google, along with advertising and selling capabilities on social media platforms, such as Instagram and Facebook.

Travelmenu

Series A in 2011
Travelmenu is a leading online travel company in Russia and Ukraine, catering to various market segments including travel agencies, corporate clients, and individual consumers. The company stands out in the industry with its extensive product offering, featuring access to 250,000 hotels and 500 airlines, surpassing local competitors. Travelmenu achieves this through advanced technology, utilizing Amadeus and XML API connectivity to integrate with third-party services, thereby enhancing its service delivery and reach in the travel market.

Metabar

Venture Round in 2011
Metabar is a Russian platform for creating and maintaining browser extensions for media/news sites. Company was created in 2011, had more than 1m users and was funded by Runa Capital. Metabar was acquired by Yandex in 2014.

OnAir3G

Venture Round in 2010
OnAir3G is a voice-enabled mobile social networking platform ticking the right box for a start-up in the mobile-data-hungry, social-media crazy Russian market.