
Horizon Capital
Description
Horizon Capital is a prominent private equity firm operating in Emerging Europe, with a primary focus on Ukraine and Moldova. Established as a leading investor in the region, the firm manages four funds with total assets exceeding $1.1 billion. Horizon Capital is dedicated to backing visionary entrepreneurs and high-growth businesses that demonstrate strong market potential and leadership within their respective sectors.
The firm's investment strategy centers on growth equity opportunities, often involving significant minority stakes or control positions in its portfolio companies. Horizon Capital's latest fund, Horizon Capital Growth Fund IV (EEGF IV), successfully closed in 2023, raising $254 million, surpassing its initial target. This fund, like its predecessors, targets export-oriented technology and light manufacturing companies, alongside domestic market leaders in consumer goods, retail, and financial services.
Horizon Capital typically deploys substantial capital, with initial investments generally ranging from $10 million to $30 million per company. The firm also has the capacity to facilitate larger transactions through co-investment opportunities alongside its limited partners. With a long-term investment horizon, Horizon Capital not only provides capital but also actively supports its portfolio companies with strategic guidance, operational expertise, and access to its extensive network, aiming to accelerate their growth and enhance their market value.
Investor Profile
Horizon Capital has backed more than 30 startups, with 0 new investments in the last 12 months alone. The firm has led 20 rounds, about 67% of its total and boasts 4 exits across its portfolio.
Investment Focus Highlights
- Concentrates on Private Equity, Series Unknown, Series A rounds (top funding stages).
- Majority of deals are located in Ukraine, Moldova, United States.
- Strong thematic focus on E-Commerce, Food and Beverage, Information Technology.
- Typical check size: $10M – $30M.
Stage Focus
- Private Equity (67%)
- Series Unknown (10%)
- Series A (7%)
- Seed (7%)
- Series D (3%)
- Post Ipo Equity (3%)
- Series C (3%)
Country Focus
- Ukraine (63%)
- Moldova (13%)
- United States (10%)
- Russian Federation (3%)
- Belarus (3%)
- Poland (3%)
- Nigeria (3%)
Industry Focus
- E-commerce
- Food And Beverage
- Information Technology
- Financial Services
- Retail
- Banking
- Pharmaceutical
- Manufacturing
- Software
- Finance
Frequently Asked Questions
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