TA Venture

TA Ventures is a venture capital firm founded in 2010, with its headquarters in Kyiv, Ukraine, and additional offices in various international locations including Boston and Frankfurt. The firm specializes in growth capital and early-stage investments, specifically targeting seed to Series A startups in sectors such as digital health, mobility and logistics, consumer technology, fintech, and enterprise software. TA Ventures focuses its investments predominantly in Ukraine and Israel, making equity investments ranging from $0.25 million to $1 million, with the capacity for follow-on funding. The firm does not invest in pre-revenue or pre-launch companies, and it typically seeks to co-invest alongside established venture funds rather than leading investment rounds. TA Ventures also aids Western web companies in entering local markets through joint ventures, while leveraging its extensive network to facilitate access to skilled R&D teams in Central and Eastern Europe. The firm does not take board seats or advisory roles in its portfolio companies.

Richard Armstrong

Venture Partner

Roman Khomchuk

Investment Manager

Oleg Malenkov

Partner

Volodymyr Medin

Investment Associate

Stepan Naumov

Partner

Pawel Schapiro

Partner

Igor Semenov

Venture Partner

Past deals in Ukraine

Liki24

Venture Round in 2022
Liki24 operates an online platform that enables users to search for and order medications and health-related products from various pharmacies. Founded in 2017 and based in Kyiv, Ukraine, the platform allows users to compare prices and availability across categories including healthy nutrition, cosmetics, medicinal products, and medical devices. Liki24's software integrates deeply with partner pharmacies, clinics, and insurance providers, facilitating logistics coordination and task management. This streamlined approach ensures that patients can easily access a wide selection of medicines and receive them conveniently at home, thereby enhancing the overall accessibility of healthcare services.

Mate academy

Venture Round in 2021
Mate Academy, founded in 2015 by a former Google employee, is an educational technology institution based in Kyiv, Ukraine. It specializes in teaching computer science subjects, including Python, Java, Frontend, UX, and Ruby, offering these courses at no cost to students. The academy aims to facilitate job placements for graduates, who then repay a portion of their salaries over a period of two to three years. This model not only provides valuable technical skills to students but also enables them to enter the job market without upfront tuition fees.

OVO

Seed Round in 2021
Ovo provides a delivery service specializing in fresh fruits, vegetables, and greens. The company operates in Kyiv and extends its services to a 25-kilometer radius around the capital. Customers can conveniently order weighted goods through Ovo, which offers a next-day delivery option, ensuring timely access to groceries. This service is designed to cater to the increasing demand for fresh produce delivered directly to consumers’ doorsteps.

OVO

Seed Round in 2021
Ovo provides a delivery service specializing in fresh fruits, vegetables, and greens. The company operates in Kyiv and extends its services to a 25-kilometer radius around the capital. Customers can conveniently order weighted goods through Ovo, which offers a next-day delivery option, ensuring timely access to groceries. This service is designed to cater to the increasing demand for fresh produce delivered directly to consumers’ doorsteps.

OVO

Pre Seed Round in 2020
Ovo provides a delivery service specializing in fresh fruits, vegetables, and greens. The company operates in Kyiv and extends its services to a 25-kilometer radius around the capital. Customers can conveniently order weighted goods through Ovo, which offers a next-day delivery option, ensuring timely access to groceries. This service is designed to cater to the increasing demand for fresh produce delivered directly to consumers’ doorsteps.

Liki24

Venture Round in 2020
Liki24 operates an online platform that enables users to search for and order medications and health-related products from various pharmacies. Founded in 2017 and based in Kyiv, Ukraine, the platform allows users to compare prices and availability across categories including healthy nutrition, cosmetics, medicinal products, and medical devices. Liki24's software integrates deeply with partner pharmacies, clinics, and insurance providers, facilitating logistics coordination and task management. This streamlined approach ensures that patients can easily access a wide selection of medicines and receive them conveniently at home, thereby enhancing the overall accessibility of healthcare services.

Adwisely

Seed Round in 2019
Our mission is to make digital advertising easy and efficient. In our vision, human involvement in ads creation and optimization should be minimized. To get the maximum possible returns on advertising investments, people must focus on improving the product/service quality - the ads can be fully automated by software.

Liki24

Series A in 2019
Liki24 operates an online platform that enables users to search for and order medications and health-related products from various pharmacies. Founded in 2017 and based in Kyiv, Ukraine, the platform allows users to compare prices and availability across categories including healthy nutrition, cosmetics, medicinal products, and medical devices. Liki24's software integrates deeply with partner pharmacies, clinics, and insurance providers, facilitating logistics coordination and task management. This streamlined approach ensures that patients can easily access a wide selection of medicines and receive them conveniently at home, thereby enhancing the overall accessibility of healthcare services.

Mate academy

Seed Round in 2019
Mate Academy, founded in 2015 by a former Google employee, is an educational technology institution based in Kyiv, Ukraine. It specializes in teaching computer science subjects, including Python, Java, Frontend, UX, and Ruby, offering these courses at no cost to students. The academy aims to facilitate job placements for graduates, who then repay a portion of their salaries over a period of two to three years. This model not only provides valuable technical skills to students but also enables them to enter the job market without upfront tuition fees.

Renetti

Seed Round in 2018
Renetti is transforming the extremely conservative 15b European upholstery market, by introducing the best digital practices to create the best shopping experience for end customer. They offer a great way to buy personalized sofa or bed, with convenient online research/configuration tools, and tech-driven retail format, supported by excellent customer service. These are three references of what they currently do in Germany and Ukraine. They achieve this by integrating key players along the value chain, working under their umbrella brand. These players are: product designers, suppliers, manufacturers, logistics and retailers, and they coordinate their interactions through their IT platform. Products are designed by Italian architects, and produced-to-order by small size manufacturers in Europe, what allows to offer many customization options while keeping 5-6 week lead time and high quality for great price. Purchases for essential components (i.e. fabrics) are consolidated, as well as logistics. The platform is driven by proprietary technology: in-store visualization/sales tools, including AR and VR, full integration with resellers, suppliers and manufacturers, ERP/CRM and DMP which is able to match online and offline parts of customer journey for efficient marketing spend. With offices in Berlin and Kyiv, Renetti takes advantage of Germany’s 5b upholstery market, and Ukraine’s IT talent as well as low labor costs. They have served over 20.000 highly satisfied customers in Germany and Ukraine. Renetti is currently running benchmark showrooms in Germany and Ukraine. They are opening their products, service and tech stack to upholstery retail partners across Europe, giving small and medium size furniture retailers a ready-to-use packaged product, with 3x market average revenue per square meter, fast breakeven and low switching costs. They will scale by launching 250 new retail locations in Europe with local stores using revenue sharing model.

eTachki

Venture Round in 2016
eTachki is the first online auction platform for the sale of used cars in Ukraine. The company offers a digital marketplace where buyers and sellers can engage in the auction process, facilitating transactions for pre-owned vehicles. By leveraging technology, eTachki aims to streamline the car buying and selling experience in the Ukrainian automotive market. With its headquarters located in Ukraine, the platform serves as a significant player in the country's evolving online commerce landscape.

Renetti

Seed Round in 2015
Renetti is transforming the extremely conservative 15b European upholstery market, by introducing the best digital practices to create the best shopping experience for end customer. They offer a great way to buy personalized sofa or bed, with convenient online research/configuration tools, and tech-driven retail format, supported by excellent customer service. These are three references of what they currently do in Germany and Ukraine. They achieve this by integrating key players along the value chain, working under their umbrella brand. These players are: product designers, suppliers, manufacturers, logistics and retailers, and they coordinate their interactions through their IT platform. Products are designed by Italian architects, and produced-to-order by small size manufacturers in Europe, what allows to offer many customization options while keeping 5-6 week lead time and high quality for great price. Purchases for essential components (i.e. fabrics) are consolidated, as well as logistics. The platform is driven by proprietary technology: in-store visualization/sales tools, including AR and VR, full integration with resellers, suppliers and manufacturers, ERP/CRM and DMP which is able to match online and offline parts of customer journey for efficient marketing spend. With offices in Berlin and Kyiv, Renetti takes advantage of Germany’s 5b upholstery market, and Ukraine’s IT talent as well as low labor costs. They have served over 20.000 highly satisfied customers in Germany and Ukraine. Renetti is currently running benchmark showrooms in Germany and Ukraine. They are opening their products, service and tech stack to upholstery retail partners across Europe, giving small and medium size furniture retailers a ready-to-use packaged product, with 3x market average revenue per square meter, fast breakeven and low switching costs. They will scale by launching 250 new retail locations in Europe with local stores using revenue sharing model.

Renetti

Seed Round in 2013
Renetti is transforming the extremely conservative 15b European upholstery market, by introducing the best digital practices to create the best shopping experience for end customer. They offer a great way to buy personalized sofa or bed, with convenient online research/configuration tools, and tech-driven retail format, supported by excellent customer service. These are three references of what they currently do in Germany and Ukraine. They achieve this by integrating key players along the value chain, working under their umbrella brand. These players are: product designers, suppliers, manufacturers, logistics and retailers, and they coordinate their interactions through their IT platform. Products are designed by Italian architects, and produced-to-order by small size manufacturers in Europe, what allows to offer many customization options while keeping 5-6 week lead time and high quality for great price. Purchases for essential components (i.e. fabrics) are consolidated, as well as logistics. The platform is driven by proprietary technology: in-store visualization/sales tools, including AR and VR, full integration with resellers, suppliers and manufacturers, ERP/CRM and DMP which is able to match online and offline parts of customer journey for efficient marketing spend. With offices in Berlin and Kyiv, Renetti takes advantage of Germany’s 5b upholstery market, and Ukraine’s IT talent as well as low labor costs. They have served over 20.000 highly satisfied customers in Germany and Ukraine. Renetti is currently running benchmark showrooms in Germany and Ukraine. They are opening their products, service and tech stack to upholstery retail partners across Europe, giving small and medium size furniture retailers a ready-to-use packaged product, with 3x market average revenue per square meter, fast breakeven and low switching costs. They will scale by launching 250 new retail locations in Europe with local stores using revenue sharing model.

Topmall

Series A in 2013
Topmall AG is an online marketplace based in Kyiv, Ukraine, specializing in apparel and accessories from renowned global brands. The platform offers over 14,000 products across various categories, including clothing, shoes, accessories, children’s and sports goods, as well as home products. Topmall ensures convenient shopping by providing home delivery across Ukraine within 14 working days after order confirmation, with options for cash on delivery. The company is committed to expanding its range of offerings, regularly introducing new products to enhance the shopping experience for its customers.
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