RTP Ventures (Ru-Net Technology Partners)

RTP Ventures is an American division of the Russian investment fund Ru-Net, the founder and head of which is Leonid Boguslavsky^[1].

Overseas, RTP Ventures prefers to present itself as a project from an early investor in Yandex and Ozon.ru.

Investments

The new fund plans to fund startups in areas such as cloud, software development, e-commerce and internet services.

"In the new market, it is good to start with investments at an early stage," said Leonid Boguslavsky FT, noting that he hopes to move to a larger investment when his fund becomes part of the US IT community.

• The first startup to receive funding from RTP Ventures was Tinfoil Security, a Solution SaaS provider that is designed to analyze websites for vulnerabilities in web security.

• RTP has also already invested in the Internet platform for programmers Kodingen^[2].

2024: Armenian AI audio editing service Podcastle raises $13.5 million investment

On February 1, 2024, the Armenian service based on artificial intelligence Podcastle for creating and editing audio content announced a Series A funding round. $13.5 million was raised for further development, and the total investment since its inception startup in 2020 amounted to $22.3 million. More. here

2023: Investing in a fintech platform at Emma

On March 22, 2023, it became known that the no-code emma platform with Russian roots during the Seed round of financing raised $6 million for development. Read more here.

2022

Investing in Indian logistics platform Vahak

On June 20, 2022, Vahak announced a $13 million investment. The A-series financing round was attended by Nexus Ventures, Leo Capital, as well as Leonid Boguslavsky's fund RTP Global. Taking into account this transaction, the total amount of funds received by the startup from investors reached $20.3 million. Read more here.

Investing in Indian private school platform Classplus

In April 2022, Edtech startup Classplus announced that it had received $70 million in funding. The investment deal was attended by Tiger Global Management and Alpha Wave Global, as well as Chimera Ventures and Leonid Boguslavsky's RTP Global Foundation]. Read more here.

Investing in Singapore electric scooter rental service Beam

At the end of February 2022, the Singapore electric scooter rental service Beam announced a series B funding round of $93 million. The funds raised will be used to take vehicles and technology to arc markets such as Japan, Indonesia, the Philippines, Vietnam and Turkey. Read more here.

Investing in Appboxo's Super Application Development Platform

In mid-February 2022 Appboxo , it raised $7 million as part of the Series A investment round, which was headed by Leonid Boguslavsky the RTP Global fund. Other investors include Antler and 500 Southeast Asia, SciFi VC, Gradient Ventures (a venture capital fund Google focused on) artificial intelligence and business angels Huey Lin and Kaivon Deldar. More. here

Investing in Bijak Agrotech Platform

In mid-February 2022, as part of the Series B investment round startup Bijak , it raised almost $20 million. The round was led by Bertelsman ($13.15 million), Omidyar ($3 million), Leonid Boguslavsky the RTP Global fund (more than $2 million), as well as Surge Ventures and Better Capital. More. here

Investing in solar power software developer Colossus

January 10, 2022 Colossus announced the attraction of $36 million in investments. The Series A funding round was led by Build Group, with Capital Creek, CEAS, Poplar Ventures Leonid Boguslavsky and the RTP Global fund also participating. As a result of this transaction, the total amount of funding software for a solar development company power engineering specialists reached $41 million. More. here

Investing in UK wine and arts investment platform Koia

In mid-January 2022, Koia raised $1.4 million in investments. Seedcamp, Leonid Boguslavsky's RTP Global fund, Portfolio Ventures, some business angels, and co-founders of Monzo and Freetrade have invested in the company. Read more here.

Investing in Refyne

Digital Horizon on January 14, 2022 announced that it had invested in Refyne, which offers advance payments of part of the salary, in a $82 million round led by Tiger Global, and also accepted RTP Global. Read more here.

2021

Investing in the TealBook e-procurement AI platform

On December 14, 2021, the Canadian company TealBook, which analyzes and evaluates supplier data and electronic procurement systems for its customers, raised $50 million in investments, in particular from RTP Ventures. Read more here.

Investing in the low-code Daylight Automation platform

On September 22, 2021, Daylight Automation announced the completion of a $12.3 million Series A funding round. The round was led by Leonid Boguslavsky's RTP Global Foundation, Bessemer Venture Partners and Golden Ventures. Read more here.

Investing in AI developer for effective GoKwi sales

In mid-November 2021, the Indian company GoKwik announced the attraction of $15 million in investments. The Series A funding round was led by Sequoia Capital India, Matrix Partners India as well as Leonid Boguslavsky's RTP Global fund. Read more here.

Investing in UK corporate learning platform GoodCourse

In November 2021, the Edtech company GoodCourse raised €671.6 thousand in preliminary funding led by RLC Ventures and RTP Capital Leonid Boguslavsky. Others on the deal include Monzo founder Tom Blomfield, Lendable founder Victoria Van Lennep, GoCardless & Nested founder Matt Robinson and Look After My Bills founder Henry de Zote. Read more here.

Investing in electric scooter rental company Tier Mobility

In mid-November 2021, the Berlin-based e-scooter rental company Tier Mobility announced the raising of $200 million as part of the Series D funding round. Among investors is the Leonid Boguslavsky RTP Global fund. Read more here.

Investing in Indian financial services marketplace Cred

On October 19, 2021, Cred announced it would raise $251 million in investments. According to the results of this round of financing, the startup was valued at $4.01 billion. The funds received are planned to be used to expand the existing range of products and financial offers for customers. The funding round was led by funds from Tiger Global and Flacon Edge Capital. Two new investors also took part in the deal: London-based Marshall Wace and Steadfast Capital. Other participants in this funding round were existing investors Insight Partners, Coatue Management, Sofina, RTP Global and Yuri Milner's DST GlobalFund. Read more here.

Investing in Primer Internet Business Payment Platform

At the end of October 2021, information appeared that, Britishstartup Primer who created a system that helps merchants easily create payment stacks for online sales, conducted a $50 million funding round and was valued at $425 million. Leonid Boguslavsky's fund has invested in the startup. RTP Global Existing investors Accel, Balderton Capital, Seedcamp, Speedinvest also took part in the deal. ICONIQ Growth, the investment firm's arm affiliated with, Mark Zuckerberg Sheryl Jack Dorsey Sandberg, and other wealthy tech executives led the series' funding round. More. here

Investing in Indian mobile esports platform Mobile Premier League

In mid-October 2021, Mobile Premier League became the new unicorn (startup worth more than $1 billion) in the field of mobile eSports, as it held a round of financing with an estimate of $2.3 billion. Read more here.

Investing in the Armenian platform for creating Podcastle audio content

In early October 2021, Podcastle raised $7 million in an initial round of funding jointly led by the Leonid Boguslavsky Foundation RTP Global and Point Nine Capital. S16 VC and the company's previous investors, Sierra Ventures and AI Fund, also participated in the round. Read more here.

Investing in AI developer for effective GoKwik sales

In early September 2021, GoKwik raised $5.5 million. The investment round was led by Matrix Partners India Fund with participation of Leonid Boguslavsky RTP Global Fund and several business angels. Read more here.

Investing in the CoachHub Employee Training AI Platform

In early September 2021, the German company CoachHub raised $80 million as part of the B2 series investment round, increasing its total capital of the series B round to $110 million. Draper Esprit, HV Capital, Signals Venture Capital, Partech and Speedinvest, as well as Leonid Boguslavsky's RTP Global fund, invested in CoachHub. The total amount of funds raised since 2019 amounted to $130 million. Read more here.

Investing in Vara Small Business HR Service

In mid-July 2021, the personnel management service for small businesses Vara announced the attraction of initial funding in the amount of $4.8 million. The Leonid Boguslavsky fund RTP Global, Go Ventures, AlphaJWC, FEBE Ventures and Taurus Ventures have invested in Vara. Read more here.

Investing in Urban Sports Club sports service

At the end of June 2021, the sports service across EuropeUrban Sports Club successfully completed a funding round worth more than. The investment round was headed by the German media company ProSiebenSat.1, and Claret Capital Partners, HV Capital, Partech, Leonid Boguslavsky's fund RTP Global, Rocket Internet and INKEF Capital invested in the service. Read more here.

Investing in private school solution developer Classplus

At the end of June 2021, the Indian developer of solutions for private schools Classplus raised $65 million. The Series C Investment Round was led by Tiger Global Fund, also attended by GSV Ventures, Alpha Wave Incubation (AWI), which is supported by DisruptAD and managed by Falcon Edge, Blume Ventures and Leonid Boguslavsky's RTP Global Fund. Read more here.

Investing in private school solution developer Classplus

At the end of June 2021, the Indian developer of solutions for private schools Classplus raised $65 million. The Series C Investment Round was led by Tiger Global Fund, also attended by GSV Ventures, Alpha Wave Incubation (AWI), which is supported by DisruptAD and managed by Falcon Edge, Blume Ventures and Leonid Boguslavsky's RTP Global Fund. Read more here.

Investing in the Zenyum eliner developer

In early June 2021, 3D-printed liner maker Zenyum raised $40 million, including $25 million from L Catterton, a private equity firm focused on consumer brands. Leonid Boguslavsky's fund RTP Global, Sequoia Capital India, Partech, TNB Aura, Seeds Capital and FEBE Ventures also took part in the series B investment round. Read more here.

Investing in Refyne payday loan service

In mid-June 2021, the payday loan service Refyne announced the attraction of $16 million. The series A investment round was headed by Leonid Boguslavsky the RTP Global fund, partners DST Global and existing investors XYZ Capital, QED Investors, Jigsaw VC also invested in Refyne. More. here

Investing in the iSeed II Microinvestment Fund

In mid-April 2021, the iSeed II micro-venture fund raised $15 million to invest additional funds in the Indian startup ecosystem. Investors were about 60 partners of the iSeed fund, as well as funds such as RTP Global, FJ Labs, Tribe Capital, Hummingbird and Kamco Jedi Fund. Read more here.

Investing in SaaS protection startup DoControl

In mid-April 2021 startup , security SaaS applications DoControl announced the raising of $10 million as part of the financing of series A. The investment round was headed by Leonid Boguslavsky the RTP Global fund, and CrowdStrike Falcon, StageOne Ventures and Cardumen Capital invested in the startup. More. here

Investing in Indian fintech service Cred

In mid-April 2021 Indianstartup Cred , he announced the attraction of $215 million as part of a new round of financing for series D, as a result of which its value reached $2.2 billion. The previous round, which ended in January 2021, brought Cred $81 million in investments and a valuation of about $800 million. The RTP Ventures fund invested in it. More. here

Investing in blockchain company TON Labs

In early April 2021, it became known about raising $6 million with an investment by TON Labs. The venture capital fund Runa Capital and the investment company RTP Global Leonid Boguslavsky, as well as a number of foreign funds, have invested in it. Read more here.

Investing in Video Conferencing Noise Removal Software Developer

In mid-February 2021, it became known that RTP Global invested in, startup Krisp developing ON to remove noise in video conferencing. The financing will be used to accelerate product development, attract new specialists and expand the market in,, and USA. To Europe Armenia More. here

Investing in EdTech startup Newton School

In early February 2021, RTP Global Leonid Boguslavsky invested in the Bengaluru startup Newton School, working in the field of educational technologies. In the Series A round, the startup raised $5 million thanks to Nexus Venture Partners, Prophetic Ventures and co-founders of Academy. Read more here.

Investing in Mobile Premier League (MPL) mobile esports platform

In early February 2021, Leonid Boguslavsky's RTP Global Foundation, together with partners, invested in the Indian platform for mobile eSports Mobile Premier League (MPL). After collecting $95 million in the Series D round, the company cost $945 million. Read more here.

Investing in a service developer to improve the quality of Agara customer support

In early February 2021, startup Agara which is developing a service to improve the quality of customer support, raised $7.5 million. The funding round was led by the Japanese company UTEC, and existing investors Blume Ventures Leonid Boguslavsky and the RTP Global fund also invested in the startup. More. here

Investing in B2B drug procurement platform Saveo Healthtech

At the end of January 2021, it became known that RTP Global Leonid Boguslavsky invested in the B2B-platform for the purchase of Saveo Healthtech drugs. The Bangalore company, founded in August 2019 by Indian Institute of Technology graduates, has already raised $4 million in seed funding with the assistance of Matrix Partners India and RTP Global. Read more here.

Investing in the developer of the Tealbook purchase analysis system

On January 26, 2021, Tealbook announced it was raising $14.4 million in investments. The most in the Series A funding round was invested by Leonid Boguslavsky's RTP Global fund, but the amount is not specified. Read more here.

Investing in agrotech startup DeHaat

In January 2021, DeHaat announced the attraction of $30 million in investments. Among the participants in the funding round was Leonid Boguslavsky's RTP Global fund, which acted as the main investor along with Prosus Ventures. Sequoia Capital India, the Dutch Entrepreneurship Development Bank (FMO), Omnivore and AgFunder also participated in the deal. Read more here.

2020

Investing in CoachHub Employee Training Cloud Platform

In mid-December 2020, CoachHub, a platform for "talent development" that connects employees with business coaches, raised $30 million in a series B funding round. The round was headed by venture capital firm Draper Esprit, and Leonid Boguslavsky's RTP Global fund also participated in it. Read more here.

Investing in AppFollow mobile app monitoring service

At the end of October 2020, AppFollow held an investment round A Series, in which it raised $5 million. Investors included funds from Nauta Capital, Vendep Capital and RTP Global. What shares in the startup were received by investors is not specified. AppFollow's valuation has also not been disclosed. Read more here.

Investing in fintech startup Penta

On July 7, 2020, Penta announced that it had raised more than €4 million in investments. RTP GlobalLeonid Boguslavsky and venture capital fund S7 Group - S7V took part in the deal among other investors. In addition, ABN Amro Ventures, VR-Ventures, HV Holtzbrinck Ventures, Presight Capital and others have invested in the project. Read more here.

Negotiations on participation in the investment of 1.5 billion rubles in SKB Kontur

The Russian Direct Investment Fund (RDIF), together with RTP Global and direct investment funds Elbrus Capital and Baring Vostok, plans to invest 1.5 billion rubles in SKB Kontur. This was reported on June 19, 2020 by RBC with reference to the head of the RDIF Kirill Dmitriev. Read more here.

Investing $4 million in the developer of the distance learning service Classplus

In early May 2020, it became known about the attraction of Classplus about $9 million. Among other things, the venture capital fund of billionaire Leonid Boguslavsky RTP Global, which was the main investor in this round of financing, was invested in it. Read more here.

Exit from the information security company DivvyCloud, which sold for $145 million

At the end of April 2020, the information security company Rapid7 announced the acquisition of the information security company DivvyCloud for $145 million. The Buyer intends to pay for the transaction with its own shares and funds. Prior to DivvyCloud's sale, the company raised a total of $28.9 million, including from Leonid Boguslavsky's RTP Ventures fund. Read more here.

2019

Investment in digital mirror developer Vaha

At the end of December 2019, the Leonid Boguslavsky RTP Global fund invested in Vaha. TQ Ventures, HV Holtzbrinck Ventures and Global Founders Capital also invested in the developers of the digital mirror, which helps conduct fitness training at home. Read more here.

Baring Vostok and Leonid Boguslavsky Foundation invested in cloud platform

In mid-December 2019, Voximplant announced it was raising $10 million in investments. The round of financing for the developer of the cloud platform for voice and video communication was led by Baring Vostok Capital Partners and the RTP Ventures fund Leonid Boguslavsky. Read more here.

Investment in mobile insurance app developer Cuvva

In early December 2019, it became known about the funding round conducted by Cuvva. Among other things, a venture capital fund with Russian roots Digital Horizon and the RTP Global fund Leonid Boguslavsky invested in it. Read more here.

Investment in invisible bracket developer Zenyum

At the end of November 2019, the Leonid Boguslavsky RTP Global fund, along with other investors, invested in the Singapore dental startup Zenyum. In general, in the next round of financing, the startup raised $13.6 million, as a result of which the total amount of funds raised by the company reached $16.1 million. Read more here.

Investment in CoachHub Employee Training AI Platform

On November 12, 2019, CoachHub announced the closure of the funding round, which amounted to 10 million euros. Both existing investors, including HV Holtzbrinck Ventures, Partech and Speedinvest, and new ones, have invested in the startup. The latter included Leonid Boguslavsky's RTP Global fund. How much funds each investor provided is not reported. Read more here.

History

According to the Financial Times, RTP Ventures opened its own office in New York in September 2011, on the 25th floor of the business center on Third Avenue.

This venture capital fund was headed by Kirill Sheinkman, a former investor in Greycroft Partners and co-founder of Plumtree Software, bought by Oracle. Sheinkman is a native of St. Petersburg, who moved to the United States before the collapse of the USSR and received a technical education at Stanford, and an MBA in Berkeley. In the late 1980s and early 1990s, Sheinkman was engaged in sales at Oracle and then met Leonid Boguslavsky, the future owner of Ru-Net Holdings, and then left for the venture capital business. This summer, Boguslavsky convinced Sheinkman to head Ru-Net Technology Partners (RTP Ventures).

RTP Ventures capital amounted to $100 million. The company's website states that the target amount of the fund is $750 million. According to Sheinkman, the remaining more than $600 million can be invested in startups of later stages of development. He emphasizes that the fund will be created in full accordance with the samples of Silicon Valley.

According to analysts, having opened a venture capital fund in the United States, Boguslavsky will follow in the footsteps of another famous IT investor from Russia, Yuri Milner, who, through his DST investment fund, has already acquired significant shares in such prominent Internet companies as Facebook, Zynga, Airbnb and Groupon.

However, unlike Milner, who mainly buys back shares of large companies already held from their employees, Boguslavsky plans to approach the work of the venture capital fund more traditionally, investing amounts from $1 million to $10 million in promising startups at an early stage.

"Starting investments during the 1999-2000 internet bubble, I learned that if you make good investments, then time does not matter and the market situation does not matter, especially if you invest in real business models at an early stage," Boguslavsky added.

Notes