Mind.ua selected the 11 largest investment deals of 2020 in Ukraine and ranked them by funding volume. Here is TOP-5 of them:
5th place: DMarket
- Volume of attracted investments in 2020: $ 6.5 million
- Creation year: 2017
- Founders: Vladimir Panchenko, Tamara Slanova, Alexander Kokhanovsky
- Offices: Kiev
It is a blockchain exchange for selling and exchanging items from virtual games. More than 5 million “relics” have already been sold at the site. According to the company, the daily turnover of DMarket is about $ 100,000. The service earns 5% commission from sales.
The startup attracted investments in fiat. The investors are Almaz Capital and Xsolla. Electronic Arts founder Trip Hawkins joined the board of directors of DMarket. The team intends to invest the funds raised in the development of technology that will allow game developers, players, influencers and brands to create content for video games and generate profit in games.
In 2017, the team raised $ 25 million in two stages of the ICO. Although initially intended to raise only $ 1 million (the project received this amount in the first 17 minutes of the ICO).
4th place: Allset
- Amount of attracted investments in 2020: $ 8.25 million
- Creation year: 2015
- Founders: Stas Matvienko, Anna Polishchuk
- Offices: Kiev, San Francisco
This is an application for booking tables and ordering meals in restaurants. It can also be used to pay the bill and leave a tip. During the pandemic, the team expanded the functionality of the service by adding the ability to order food to go with contactless delivery. The service works with more than 2,000 restaurants in 20 US cities.
Allset raised $ 8.25 million in Round B from Andreessen Horowitz, Greycroft, SMRK, VC Fund and Inovo Venture Partners. The startup started attracting investments in 2017. Now on the “account” of the team more than $ 16.5 million injections.
The founders of the project, Stas Matvienko, Anna Polishchuk, were included in the rating of the American Forbes “30 most successful entrepreneurs and figures under 30” this year.
3rd place: Preply
- Volume of attracted investments in 2020: $ 10 million
- Creation year: 2012
- Founders: Kirill Bigay, Sergey Lukyanov, Dmitry Voloshin
- Offices: Kiev, Barcelona
It is a platform for recruiting tutors and learning foreign languages. The user just needs to choose the language, the cost of training, the country of the tutor and a convenient time for classes. According to Preply, the platform has already hosted more than 2 million lessons with teachers from 160 nationalities. The average cost of a class is $ 15–20 per hour. “Most students use Preply for professional purposes: moving abroad and promoting their careers. The service is also used by parents who help their children learn a new language, ”the authors of the project explain.
Over the past years, Preply has already managed to attract investments for a total of $ 15.5 million 5 times.In 2020, the project was financed by Hoxton Ventures, Point Nine Capital, All Iron Ventures, The Family, EduCapital and Diligent Capita funds and angel investors Arthur Kosten, Harry Swart , David Helgason, Daniel Hoffer.
The team intends to strengthen its positions in the markets of North America, France, Germany, Spain, Italy, Great Britain and open an American office. The attracted investments will also be used to expand the functionality of the platform. In the future, Preply wants to attract tutors not only of foreign languages, but also of other subjects (mathematics, chemistry, etc.).
2nd place: Mobalytics
- Volume of attracted investments in 2020: $ 11.25 million
- Creation year: 2016
- Founders: Bogdan Suchik, Nikolay Lobanov
- Offices: headquartered in Los Angeles, the Ukrainian team works remotely
This is an online simulator for gamers. The game companion currently supports 4 games: League of Legends, Teamfight Tactics, Legend of Runeterra and Valorant. In the future, the developers want to expand this list.
“The platform is based on machine learning, analysis of available player data and domain expertise. We presented our technology for the first time at TechCrunch Disrupt 2016 in San Francisco and won first place: the coveted cup and a prize of $ 50,000. The project began in 2020 with 1.6 million monthly active users, and in May this figure has already exceeded 7 million. “, – say the authors.
The team attracted investments in Round A from Almaz Capital, Founders Fund, General Catalyst, GGV Capital and T1 esports company. In 2016, the same funds invested $ 2.6 million in the project.
1st place: Restream
- Volume of attracted investments in 2020: $ 50 million
- Creation year: 2015
- Founders: Andrey Surzhinsky, Alexander Khuda
- Offices: Kiev, Austin (USA)
This is a video streaming service. It allows you to simultaneously stream videos on over 30 platforms: Youtube, Facebook, Periscope, Beam, Ustream, Twitch, etc.
Restream now has more than 2 million streamers, which launch about 8 million broadcasts per month. Among the users of the service is the World Health Organization, which held a charity concert on the platform to cheer up at the beginning of the COVID-19 pandemic. The broadcast was watched by about 270 million viewers.
The project team reports a 300% increase in monthly views in the first half of the year: “We have had tremendous growth over the past year as the covid quickly forced companies and authors to go live.”
In August 2020, the startup raised $ 50 million in Round A. Investments came from Sapphire Ventures and Insight Partners. The managing partners of these funds – Paul Levine and Teddy Vardy – have entered the Restream board of directors.
In 2018, the team raised $ 4.5 million from Silverton Partners, Liquid2, Anorak Ventures and James Armstrong.