AddVentures
Overview
AddVenture is an international venture capital fund distinguished by its sector-focused strategy, primarily investing in the Home & Local Services sector with a range from $1 to $20 million per investment. Their investment thesis centers on two primary areas: horizontal marketplaces that connect freelancers with job opportunities in home and local services, as well as SaaS solutions for workforce management. Additionally, AddVenture seeks to support vertically integrated service providers that offer trusted brands in sectors such as cleaning, beauty, storage, laundry & dry-cleaning, and legal services. They aim to back companies that ensure quality control and seamless service delivery, enhancing customer trust and satisfaction in these essential service sectors.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| Bizongo | Dec 2021 | Series D | Co-investor |
| Validus | May 2020 | Series B Extension | - |
| M2X Energy | Jun 2024 | Series B | Co-investor |
Key People
Max Medvedev
Founder, Managing Partner
Mikhail Erenburg
Managing Partner
Pavel Terentev
Partner
Sector & Stage Mix
Industry, funding stage, and valuation band breakdowns.
FAQ
Where is AddVentures based?
AddVentures is headquartered in Limassol, Limassol District (Leymasun), Cyprus.
When was AddVentures founded?
AddVentures was founded in 2008.
How many portfolio companies does AddVentures have?
AddVentures has 3 portfolio companies in Caplight's dataset.
What are some companies in AddVentures's portfolio?
Portfolio companies visible on Caplight include Bizongo, Validus, M2X Energy.
What was AddVentures's most recent investment shown here?
AddVentures's most recent investment in this portfolio sample was in M2X Energy in 2024.
What sectors does AddVentures focus on?
AddVentures focuses on FinTech, Energy & Sustainability, Enterprise Software, FinTech, Frontier & Industrial Tech.
What company stages does AddVentures focus on?
AddVentures typically invests at the Mid stage.
What is AddVentures's AUM?
AddVentures's assets under management are estimated between $100.0M and $250.0M.