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AddVenture

Europe, Nicosia, Cyprus, Nicosia

Description

AddVenture is a global venture capital firm headquartered in Nicosia, Cyprus, with a strategic focus on early-stage technology companies. The firm primarily targets investments at the Pre-seed, Seed, and Series A stages, demonstrating a commitment to supporting startups from their foundational phases through initial growth. With a broad geographic mandate, AddVenture actively seeks opportunities across the globe, maintaining a notable presence in key markets such as Europe, the United States, and various emerging economies. This international outlook underscores their ambition to identify and nurture innovative ventures with global scalability potential.

AddVenture's investment thesis centers on disruptive technologies and business models across a diverse range of sectors. Their portfolio spans areas including Software-as-a-Service (SaaS), marketplaces, fintech, edtech, foodtech, artificial intelligence, and gaming, among others. The firm is known for its hands-on approach, providing not just capital but also strategic guidance and operational support to its portfolio companies. To date, AddVenture has made investments in over 100 companies, showcasing a robust and active investment pace since its inception.

The firm typically deploys first cheques ranging from $500,000 to $5 million, indicating a sweet spot for significant early-stage capital injections that can fuel product development, market entry, and team expansion. AddVenture's impact extends beyond initial funding, as evidenced by the collective success of its portfolio companies, which have cumulatively raised over $1.2 billion in follow-on funding from subsequent investors. Furthermore, the firm boasts a track record of more than 10 successful exits, validating their ability to identify promising ventures and guide them towards lucrative outcomes for founders and investors alike. Their long-term vision and commitment to fostering innovation position them as a key player in the global early-stage venture ecosystem.

Investor Profile

AddVenture has backed more than 52 startups, with 1 new investments in the last 12 months alone. The firm has led 28 rounds, about 54% of its total and boasts 5 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Series A, Seed, Series B rounds (top funding stages).
  • Majority of deals are located in Russian Federation, United States, India.
  • Strong thematic focus on E-Commerce, Internet, Marketplace.
  • Typical check size: $500K – $5M.

Stage Focus

  • Series A (31%)
  • Seed (27%)
  • Series B (17%)
  • Series Unknown (15%)
  • Series C (6%)
  • Pre Seed (2%)
  • Convertible Note (2%)

Country Focus

  • Russian Federation (46%)
  • United States (13%)
  • India (8%)
  • Spain (6%)
  • South Korea (6%)
  • United Kingdom (6%)
  • United Arab Emirates (6%)
  • Turkey (6%)
  • Cyprus (2%)
  • Greece (2%)

Industry Focus

  • E-commerce
  • Internet
  • Marketplace
  • Software
  • Service Industry
  • Food Delivery
  • Delivery
  • Home Services
  • Mobile
  • Logistics
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FAQ

Frequently Asked Questions

Learn who this investor regularly partners with—both firms and angels—and explore their latest activity.

Who does AddVenture frequently co-invest with?

Target Global
Europe, Berlin, Germany, Berlin
Co-Investments: 3
Flashpoint
Europe, England, United Kingdom, London
Co-Investments: 4
FundersClub
North America, California, United States, San Francisco
Co-Investments: 2
Primer
Asia, Seoul-t'ukpyolsi, South Korea, Seoul
Co-Investments: 2
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 2
I2BF Global Ventures
North America, New York, United States, New York
Co-Investments: 2
Somersault Ventures
North America, Delaware, United States, Dover
Co-Investments: 2
LVL1 Group
Europe, Limassol, Cyprus, Limassol
Co-Investments: 5
Strong Ventures
North America, California, United States, Los Angeles
Co-Investments: 2
AltaIR Capital
North America, California, United States, San Francisco
Co-Investments: 3

Which angels does AddVenture often collaborate with?

AN
Europe, England, United Kingdom, London
Shared Deals: 1
EP
North America, Illinois, United States, Chicago
Shared Deals: 1
IT
North America, California, United States, Burbank
Shared Deals: 1
GR
North America, California, United States, San Francisco
Shared Deals: 1
JR
Europe, England, United Kingdom, London
Shared Deals: 1
DL
Europe, Vaud, Switzerland, Vevey
Shared Deals: 1
DK
Europe, England, United Kingdom, London
Shared Deals: 1
Shared Deals: 1
Osuke Honda
Asia, Tokyo, Japan, Tokyo
Shared Deals: 1
PT
North America, California, United States, Redwood Shores
Shared Deals: 1

What are some of recent deals done by AddVenture?

Cloud Retail

London, England, United Kingdom

Cloud Retail is an online supermarket with an on-demand delivery service that offers fresh produce, meals, and household essentials.

E-CommerceFood DeliveryGrocery
SeedApr 23, 2025
Amount Raised: $2,200,000
Jiffy Grocery

London, England, United Kingdom

Jiffy is an online supermarket with an on-demand delivery service that offers fresh produce, meals, and household essentials.

E-CommerceFood DeliveryGrocery
Series UnknownSep 14, 2023
Amount Raised: $2,200,000
Borzo

Mumbai, Maharashtra, India

Borzo is a global crowdsourced same-day delivery marketplace operating in 9 countries on a fully asset-light basis.

Courier ServiceDeliveryDelivery ServiceLogisticsMarketplaceSame Day DeliveryTransportation
Series CAug 30, 2021
Amount Raised: $35,000,000
MetroSpeedy

New York, New York, United States

MetroSpeedy is a technology based local delivery company providing on-demand, same day or scheduled delivery services.

DeliveryLogistics
SeedJul 23, 2021
Amount Raised: $5,000,000
Jiffy Grocery

London, England, United Kingdom

Jiffy is an online supermarket with an on-demand delivery service that offers fresh produce, meals, and household essentials.

E-CommerceFood DeliveryGrocery
SeedMar 16, 2021
Amount Raised: $3,614,600
wowworks

Moscow, Moscow City, Russian Federation

Wowworks is a facility management firm designed to provide comprehensive service and total command over the entire maintenance process.

Human ResourcesInformation TechnologyRetail
SeedMar 1, 2021
Amount Raised: $3,600,000
ByNext

New York, New York, United States

ByNext is an omni-channel and omni-service single source solution company for customers' home service needs.

Home Services
Convertible NoteSep 1, 2020
Amount Raised: $2,500,000
Qonversion

San Francisco, California, United States

The subscription data platform for mobile-first companies. Best subscription analytics, subscription management and growth tools.

AnalyticsApp MarketingDeveloper PlatformDeveloper ToolsiOSMobile AppsMobile PaymentsSaaSSoftware
Pre SeedAug 14, 2020
Amount Raised: $850,000
BestDoctor

Moscow, Moscow City, Russian Federation

BestDoctor is a healthcare company that creates tech insurance products for people and businesses.

Health CareHealth InsuranceInsuranceInsurTech
Series BJul 21, 2020
Amount Raised: $4,500,000
Cherdak

Moscow, Moscow City, Russian Federation

Cherdak is a Russia-based storage service that allows users to track and monitor stored items online.

E-CommerceInternetInternet of ThingsSoftware
Series ASep 13, 2019
Amount Raised: $2,000,000