STRK Starttrack earlier StartTrack

History

2021

Agreement with the SEZ Innopolis

6 venture funds entered the Innopolis SEZ and signed partnership agreements. This became known in December 2021.

Raising $31 million

On December 23, 2021, the STRK investment platform announced the raising of 31 million rubles ($420 thousand) due to an additional issue of OTS-Platform shares to place them through a closed subscription in favor of 6 private investors. Shareholders received a 16.7% stake in the company with an estimate of 185 million rubles. The deal took place on the company's own platform - STRK.

The funds raised will be directed to the development of the service, in particular, improving the convenience of investing for private investors, implementing echelons of shares and adding convertible loans. In addition, the main focus will be on scaling up the project and increasing the number of placed companies - up to 40 placements worth from 850 million rubles in 2022.

To prepare for the transaction, the current operating company LLC STARTREK was transferred as an asset to the newly created joint-stock company OTS-Platform, which sold its shares to investors. The creation of a joint stock company, the holding of an additional issue of shares and the accounting of the rights of shareholders following the results of the transaction was ensured by the registrar "NRK - R.O.S.T." (part of the Sbera group). Following the results of the transaction, the investor representative will be a member of the Board of Directors of STRK with veto power on key issues (including blur, large transaction and interested party transactions).

Previously, the platform provided b2c lending for small and medium-sized businesses. In 2021, a rebranding took place - the company changed its name to STRK, in accordance with the new concept.

In May 2021, STRK entered the register of investment platforms of the Bank of Russia, the Association of Investment Platforms of Russia, is a resident of Skolkovo and a partner in the Innopolis SEZ. Since the inclusion in the register of the Bank of Russia, placements in the amount of 300 million rubles have already been carried out, another 3 projects in the amount of 275 million rubles are being prepared for placement. In total, more than 300 applications for the placement of companies were received. At STRK as of December 2021, 37 thousand investors were registered. The peculiarity of the project is the possibility of attracting investors in the company's capital in an online format. The money received from the sale of shares, the company can immediately and without taxes use to finance its development. For investors, this is a way to acquire a stake in a promising company at the preSeed stage, Seed, Series A, B, C. STRK implements the idea of ​ ​ creating a market for OTC shares in Russia, similar to C Corp and OTC-markets in the United States, but that it is important that all transactions are structured in Russian jurisdiction.

The transaction followed the same model that we offer to STRK companies using our document templates. The purpose of this format was to create a typical case and materials, which will later be used by the issuers of the platform. I am sure that our own transaction will help set initial standards for such investments in OTC securities with checks up to $1 million, "said Anton Utekhin, CEO of the STRK investment platform.

As an investor and entrepreneur, I see that now the pre-IPO market in Russia has huge potential. I myself am a user of the STRK platform and understand how the platform can close this need, thanks to the ability to online participate in interesting offers that are not always available in the public space. Therefore, when STRK itself announced the round, it was happy to invest in the platform, as I believe in the development of this market and the company that will create infrastructure for it, "said Trofim Zhugastrov, CEO Elonsoft, investor STRK

2020

Reactivation as investment platform

Crowdinvesting platform StartTrack December 24, 2020 announced the resumption of work in a new format. The company has become an investment platform on which shares of Russian small and medium-sized businesses can be purchased. At the same time, the investor becomes a co-owner of these companies and has the right to receive dividends or in the future to sell shares more expensive if the company shows good growth. In 2021, it is also planned to launch a secondary stock market on the site so that investors can realize previously purchased shares in companies.

As the investor on the StartTrack platform any full age natural person or SP registered in Russia, which passed a qualification test and identification on 115-FZ can act. The minimum amount of investment on the site starts from 50 thousand rubles. When investing in the amount of more than 600 thousand rubles, confirmation of the status of a qualified investor is required, according to 39-FZ. All this is carried out in online format on the site itself.

Companies of any sectors of the economy that have passed the scoring procedure and are able to provide the investor with a yield of 20% per annum or more on the horizon of 5 years can be located on the site - due to dividends or an increase in the price of the company's shares. The deals will also feature a lead investor - a professional market participant or expert investing 10% - 50% of the round on preferential terms, but providing an assessment of the company and its investment confirming its quality.

Storage of shares, as well as registration of the register of shareholders and transfer of ownership is maintained by the partner of StartTrack - JSC "Registration Company Status," which is a member of the SberBank group.

The head of the investment platform StartTrack since September 2020 is Anton Utekhin. Before joining the StartTrack, Anton Utekhin served as head of the sales service in the electronic channels of VTB Bank, was the CEO of the NAMES coworking network. As part of the last project, he was also engaged in attracting investments, during his work 78 million rubles were attracted from 130 retail investors.

An important emphasis in the work of the StartTrack will be placed on improving the risk management system: from improving the scoring stage of companies to the stage of legal recovery from companies. In the event of a default of the project, the StartTrack will combine claims against the business and represent the interests of investors in court, helping with the collection of debt. In addition, in 2021, the site, first of all, will host those projects that already have a lead investor in the framework of the current investment round, "says Anton Utekhin, CEO of the StartTrack platform.

Shutdown

Crowdlending platform StartTrack indefinitely suspends work. This was announced in April 2020 by Rusbase by the general director of the site Konstantin Shabalin.

According to him, the risks of doing business on borrowed capital began to significantly exceed the possible income of private investors.

Shabalin noted that the suspension of work will save investors with capital and protect borrowers from possible legal claims in the negative development of the economic situation.

For settlements on transactions that users have already entered into, the platform is not needed - explains the head of StartTrack. Companies will pay directly to investor accounts.

According to StartTrack 's own data, since the foundation of the project, private investors have invested 3 billion rubles in small and medium-sized businesses. Investments received 120 projects.

Representatives of the platform estimate the overall level of default in borrowed investments in StartTrack over five years at 20%.

2016: Launch of crowdland platform for investment in startups

loo StartTrack in 2016

The investment platform StartTrack launched in early 2016 a crowdlanding platform, which allows you to invest small amounts in strataps - from 100 thousand rubles for a period of 30 days. The yield on such loans will be from 30% per annum, which is several times more profitable than the interest that banks now offer on deposits. For business, this tool is also convenient, because it allows you to quickly attract the missing working capital or development money.

The StartTrack platform has developed an interface with which you can see the real movement of parcels, for example, from Moscow to Samara or from St. Petersburg to Nakhodka. Next to the card there is a special terminal with available lots for placing money. It remains only to choose what you like and contribute an amount from 100 thousand rubles to several million. A month later, the money will be returned to the account along with interest, according to the StartTrack.

You can choose an interesting project for investment on the StartTrack website. "For accredited investors on the site site, lots are open that can be redeemed, and their yield is indicated in the annual, which you will receive, but you can place funds for 30 days. You choose the lot that best suits you in size, say, a minimum of 100 thousand rubles. Get a loan agreement, enter your contact information, passport data, account number, where you will need to return this money. The contract is formed in electronic form, and after that you have an opportunity to deposit money to the account of StartTrack, - the CEO of StartTrack Konstantin Shabalin explained the principle of work of the new platform. - In 30 days you will accordingly receive money back with the interest rate that was available to you at the time of the investment. Now you can invest at 30% per annum. "

According to StartTrack, crowdlanding can become a popular tool for attracting financing for companies that work not only in the IT sector. The most attractive for potential investors are precisely understandable and familiar projects with high profitability, for example, cafes, mini-hotels and restaurants.

2014

NAIRIT and LLC Startrek signed a cooperation agreement

On December 3, 2014, the National Association for Innovation and Development of Information Technologies (NAIIT) signed a cooperation agreement with Startrek LLC in the field of supporting the development of innovation activities and supporting the development of promising innovative projects. The main area of ​ ​ cooperation between the parties is the provision of favorable conditions for the creation, growth and development of innovative projects. The parties intend to share their experience, join efforts in the process of attracting investments and implementing innovative programs.

6 transactions worth 50.2 million rubles

In 2014, 4 transactions worth more than 30 million rubles were conducted through the site. Startups included in the StartTrack base update business indicators monthly, providing investors with analytical information about themselves in a standardized form.

In 2014, more than 1,200 people registered at the site; a community of private investors was formed, ready to invest from 300 thousand to 20 million rubles in one transaction. The total investment potential of the site is 1.34 billion rubles (this is the amount of funds that will be formed if each investor invests the amount announced during registration for StartTrack in one transaction).

Businesses that raised funding in 2014 with StartTrack:

• Fotokeeper - from private investor Stanislav Dolzhikov
• Promoatlas - from a private investor and FRII
• Инвестиции101.рф - from strategic investor
• "First Online Accounting" - from Modulbank
• Football - from private investor Natalia Dolgovoy
• AMSRus - from private investor Alexei Dmitriev

Total: 6 transactions worth 50.2 million rubles.

2013: Service Launch

The StartTrack service was founded in November 2013 with the support of the Foundation for the Development of Internet Initiatives (FRII). Accredited investors are given access to the project base at the online site StartTrack. Once a month, personal meetings are held where investors can get acquainted with the founders of projects and communicate with each other. Startups included in the StartTrack base update business indicators monthly, providing the investor with a revenue structure, cost structure, product description, business, and their development plan.

See also

• Crowdinvesting (joint stock crowdfunding) and Crowdlanding
• Venture Capital Investment
• Venture capital investment in Russia's IT sector