AddVenture

The Business Angels Fund AddVenture formed in 2008 Elena Masolova by Maxim Medvedev to invest in the Russian IT planting stage projects.

AddVenture helps to solve key problems IT-:startup

• To create the beta or a prototype of future product, service, service.
• Achieve first sales or agreements of intent.
• Form an involved and active team.
• Dynamically develop and attract the next round of investments.

History

2021

Investing in a delivery service MetroSpeedy

At the end of September 2021, MetroSpeedy attracted $5 million in investments. The startup plans to spend the funds raised on the development of the "last mile" delivery platform. The initial funding round was headed by the Russian AddVenture fund, TA Ventures, Joint Journey, Fores Investments and Russian Vershina Capital and TMT Investments funds also invested in the startup. More details here.

Investing in Borzo delivery service

At the end of August 2021, the courier service Dostavista announced the attraction of $35 million in investments and rebranding. Now it will be called Borzo. The Series C funding round was led by a fund of. UAE Mubadala Also invested in the project, Russian Direct Investment Fund (RDIF) the Swedish VNV Global, venture funds Flashpoint Venture Capital Alexandra Konoplasty and the AddVenture of Maxim Medvedev. The parameters of the transaction, including the shares of investors and the estimated value of the startup, are not disclosed. Dostavista intends to spend the funds raised on international expansion and development of new products. More. here

Investing in Wowworks Service Search

July 9, 2021 it became known about the company attracting Wowworks investments in the amount of $3.6 million. Funds were invested in the startup (DV Capital created by former top managers "" and National Media Group Olga Paskina Alexei Yanchishin) and LVL1 co-founder "," Vkontakte Lev Leviyev as well as the fund. Addventure More. here

Investing in telemedicine service BestDoctor

On June 10, 2021, it became known that the company attracted BestDoctor investments in the amount of $26 million from the Winter Capital Partners fund (the largest investor is Interros Vladimir Potanin), the Swedish VNV Global fund and the Austrian insurance company Uniqa, part of the international group Raiffeisen Bank International. AddVenture, Target Global and LVL 1 funds also invested in the project. More details here.

Investing in the delivery service of products with Russian roots Jiffy

In early March 2021, it became known about investing in Jiffy. Most of all funds invested LVL1 Group Lev Leviyev. The financing round was also attended by AddVenture, TA Ventures, business angel Alexander Nevinsky, co-founders of KupiVIPOskar Hartmann and Vladimir Kholyaznikov and investor Dominic Losher. More details here.

2020

Investment in Qonversion

On August 13, 2020, Qonversion announced the raising of $850 000 in investments from LVL1 and the international venture fund AddVenture. Investments will be used for further development. More details here.

Investment in BestDoctor

On July 20, 2020, it became known that the company attracted BestDoctor about $4.5 million in investments. Venture funds AddVenture, and co-founder LVL1 invested Target Global in the health insurance service. VKontakte Lev Leviyev LVL1 has previously invested in BestDoctor. More. here

2017: Total volume AddVenture - $100 million

According to data for the summer of 2017 - the total volume of the fund AddVenture - $100 million. The partners of the fund are Maxim Medvedev, Pavel Terentyev and Mikhail Ehrenburg. Among key investments of the company there are Growfood, Qlean, ShefMarket, Gettable, Delivery Club, Medbooking, etc.

2011: $6 million raised

As of February 2011, almost $6 million was raised^[1]The fund invests $20-50 thousand in the project, gives startup teams "smart money," helps actively develop the business and get on the radar of investors.

Among the funded projects:

• geolocation service AlterGeo
• publisher of social games, Pixonic where Masolova became CEO.

2009: Launch of AddVenture II

The AddVenture II Foundation has been operating since April 2009 and has invested in 4 projects.

2008: Launch of Fund AddVenture I

Fund AddVenture I launched in August 2008 and invested in 6 projects. Professional investors and serial entrepreneurs praised the results of the work. Indeed, already in December 2008, two of the six "graduates" attracted investments of the next round.

Notes