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Venture Capital
abrtfund.com

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Investments

18

Portfolio Exits

2

About ABRT Venture Fund

ABRT is a venture capital firm based in Russia that invests in early and growth stage software companies with R&D efforts based in Russia and East-Central Europe.ABRT Venture Fund's FocusABRT Venture Fund's focus is primarily on companies in the following areas: enterprise software (installed & SaaS), consumer software (Installed & SaaS), Internet and new media, mobility services & software.ABRT Venture Fund's Investment ProcessLike many venture firms, ABRT Venture Fund's process is similar following what they hope is a 6-step process as follows:Investment proposal (executive summary and elevator pitch)Introduction meeting ("chalk talk" and project presentation) + Project expertise (technology and business model)Term SheetDue Diligence (technology, IP rights, investment opportunities)Investment Committee approves the deal. Investment Agreement is signedExit: IPO and sale of the company

ABRT Venture Fund Headquarter Location

16, Bolshoy Ovchinnikovskiy per.,

115184,

Russian Federation

7 (812) 335-5545

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Latest ABRT Venture Fund News

Mangrove Capital Partners, Arlan Investments Group and ABRT Venture Fund have recently invested in first Russian online shopping club KupiVIP

Mar 14, 2016

Moscow, October 29, 2008 Mangrove Capital Partners, a premier European early stage investor, Arlan Invesments Group and ABRT Venture Fund of Moscow, Russia, announced investments in the first online shopping club KupiVIP. KupiVIP is a private shopping club which implements a successful model of European shopping clubs (e.g. Brands4Friends). In KupiVIP every member can buy merchandise from the world famous brands with a discount up to 70%. But the each collection will be available only for 3 days. Contrasting Europe, where such stores are on high demand, there were no similar projects in Russia yet. KupiVIP closely cooperates with Oliver Jung and Klaus Hommels, who support well-known projects such as Brands4Friends, StudiVZ.de, xing.com. "We will change the very image of online shopping in Russia and after that Russian consumers will get the opportunities that they've never had before,"David Waroquier, principal for Mangrove said. "We are investing in a big and sustainable team which is full of enthusiasm and energy" For more information please read the Russian publication at CNews About Mangrove Capital Partners Mangrove Capital Partners "Mangrove" provides venture capital with a punch to entrepreneurs looking to build world class companies. Our mission is to help turn visions into realities by providing financing, thoughtful advice, relevant experience and deep industry relationships to our portfolio companies. Mangrove has invested in, among others, the following companies: Skype ( www.skype.com ), Securewave ( www.securewave.com ), Dialcom Networks ( www.dialcom.com ), Nimbuzz ( www.nimbuzz.com ), Properazzi ( www.properazzi.com ), Quintura ( www.quintura.com ), and Piczo ( www.piczo.com ) To learn more about Mangrove Capital Partners, please visit www.mangrove-vc.com . About Arlan Investments Group Arlan is an investment company actively supporting projects in different segments of Russian and CIS economy About ABRT Venture Fund ABRT Venture Fund is a venture capital fund focused on early and growth stage software and internet companies with R&D efforts based in Russia and East-Central Europe. The firm was established by Ratmir Timashev and Andrei Baronov, the founders of Aelita Software. Aelita Software was sold in March 2004 for $115 million to US-based Quest Software, constituting one of the largest deals in the Russian software market to date. ABRT Venture Fund is based in Moscow, Russia. KupiVIP is the premier Russian online shopping club started in 2008. For more detailed information please visit www.kupivip.ru  Copyright © 2006-2011 ABRT Venture Fund. All rights reserved.    

ABRT Venture Fund Investments

18 Investments

ABRT Venture Fund has made 18 investments. Their latest investment was in StarWind Software as part of their Series B on April 4, 2014.

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ABRT Venture Fund Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

4/15/2014

Series B

StarWind Software

$3.25M

No

1

4/10/2014

Seed VC - II

Zesty

$2M

Yes

1

5/16/2012

Series A

HomeMe

$5M

Yes

4/2/2012

Seed VC

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$99M

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10

3/20/2012

Series B

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$99M

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10

Date

4/15/2014

4/10/2014

5/16/2012

4/2/2012

3/20/2012

Round

Series B

Seed VC - II

Series A

Seed VC

Series B

Company

StarWind Software

Zesty

HomeMe

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Amount

$3.25M

$2M

$5M

$99M

$99M

New?

No

Yes

Yes

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Co-Investors

Sources

1

1

10

10

ABRT Venture Fund Portfolio Exits

2 Portfolio Exits

ABRT Venture Fund has 2 portfolio exits. Their latest portfolio exit was KupiVIP on June 01, 2021.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

6/1/2021

Acquired

5

00/00/0000

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$991

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10

Date

6/1/2021

00/00/0000

Exit

Acquired

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Companies

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Valuation

$991

Acquirer

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Sources

5

10

ABRT Venture Fund Team

1 Team Member

ABRT Venture Fund has 1 team member, including former Chief Investment Officer, Andrey Gershfeld.

Name

Work History

Title

Status

Andrey Gershfeld

Sistema

Chief Investment Officer

Former

Name

Andrey Gershfeld

Work History

Sistema

Title

Chief Investment Officer

Status

Former

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