FinSightVentures

The investment holding "FINAM " and the company" Skagitinvestments announced in June 2014 the creation of a new venture fund FinSightVentures. He will specialize in investments in technology companies. financial sector

By combining the resources and competencies of the two players, as well as attracting Western partners, it is planned to form a fund of $50-100 million over the next two years.

Priority areas for FinSightVentures investment are peer-to-peer platforms, payment systems, and various software solutions for the financial sector that help transform it with the introduction of new technologies. The geography of investment is not limited, but the fund is more focused on North America, Southeast Asia and Africa. It is assumed that in the medium term the fund will amount to 50-100 million dollars.

"FinSightVentures will have a clearly focused industry strategy. This is due to the competencies of its founders, who have significant experience in the financial sector, understanding its trends, as well as a growing interest in the fintec segment around the world. We are focused on a rather aggressive development strategy and are now negotiating with a number of large Western partners who are considering joining the fund, "says Alexey Garyunov, director of SkagitInvestments, co-founder and managing partner of the FinSightVentures fund

"We have been preparing for the launch of the fund for a long time, conducted an analysis of global trends in the field of financial technologies on the Internet, reviewed dozens of projects. As a result, we have formed an initial pool of objects for investment, which, it seems to me, can show significant growth dynamics and take leading positions in their segments, "said Viktor Remsha, chairman of the board, director of FINAM investment holding

History

2021

Investing in the developer of AI solutions for the Rubbles business

In mid-December 2021, it became known about the investment of $6 million in Rubbles. The developer of AI solutions for business, founded by Russians, received funds from Elbrus Capital Fund III and FinSight Ventures. More details here.

Investing in Narrative BI Business Measure Platform Developer

In mid-November 2021, it became known about the investment of $1.2 million in Narrative BI. The pre-seed funding round was attended by Elysium Venture Capital, Finsight Ventures, Digital Future, Adventures Lab, Joint Journey, as well as business angels from Google and ServiceNow. Among them are Belarusian programmer and investor Igor Makhanyok (worked on Facebook and Google) and co-founder of the Belarusian game company Belka Games Yuri Mazanik. More details here.

Investing in Qase Software Test Management Platform Developer

In mid-August 2021, the developer of the Qase software testing management platform raised $500 thousand as part of the sowing round. The round was led by the S16VC fund with the participation of FinSight Ventures and ExpoCapital. The funds raised will allow the company to strengthen its development and marketing team, as well as establish more partnerships in the USA and Europe. More details here.

Investing in Easy mobile mortgage service

On July 30, 2021, it became known that the mortgage technology startup Easy from Mumbai raised $15 million as part of Series A. The funding round was headed by the Xponentia Capital Partners fund. Investors such as Harbourfront Capital, Finsight Ventures, RaSa Future Fund and others also took part in the deal. More. here

Investing in a medtech company MediBuddy

In early February 2021, the medical company MediBuddy, based in Bangalore, announced the attraction of funding in the amount of $40 million. The Finsight Ventures fund, created by Finam founder Viktor Remsha and his partner Alexei Garyunov, invested in the MediBuddy. More details here.

2020: Investing in Intelligence Retail

At the end of February 2020, Intelligence Retail announced the attraction of $1.5 million in investments from venture funds Finsight Ventures and ExpoCapital. The startup calls itself the first Russian developer of artificial intelligence technologies for image recognition, which closed the Series A funding round and entered the international market. More details here.