IM

Ihar Mahaniok

North America, New York, United States, New York

Description

Ihar Mahaniok is a prominent figure in the venture capital landscape, serving as the Managing Partner at Geek Ventures, a New York-based firm he co-founded in 2020. With a strong operational background, Mahaniok leads Geek Ventures' investment strategy, which primarily targets pre-seed and seed-stage technology startups. The firm's focus areas are diverse yet strategic, encompassing sectors such as SaaS, Artificial intelligence, Fintech, Future of Work, Developer Tools, and Marketplaces, reflecting a keen eye for innovation and scalable business models.

Geek Ventures is known for its active investment pace and founder-friendly approach. The firm typically deploys initial checks ranging from $100,000 to $500,000, providing crucial early-stage capital to promising ventures. Since its inception, Geek Ventures, under Mahaniok's leadership, has rapidly built a substantial portfolio, having invested in over 50 startups. This high volume of investments underscores their commitment to identifying and nurturing early-stage potential across various tech domains.

Mahaniok's unique value proposition stems from his extensive experience as an entrepreneur. Prior to co-founding Geek Ventures, he was the co-founder and CEO of PandaDoc, a successful SaaS company that achieved a valuation exceeding $1 billion. This firsthand experience of building and scaling a tech company from the ground up provides him with invaluable insights into the challenges and opportunities faced by founders. He leverages this operational expertise to not only provide capital but also strategic guidance and mentorship to portfolio companies, often taking board positions to further support their growth. The firm has already seen 2 exits from its portfolio, demonstrating early success in its investment thesis.

Investor Profile

Ihar Mahaniok has backed more than 34 startups, with 0 new investments in the last 12 months alone. The firm has led 0 rounds, about 0% of its total and boasts 13 exits across its portfolio.

Investment Focus Highlights

  • Concentrates on Seed, Pre Seed, Series A rounds (top funding stages).
  • Majority of deals are located in United States, Canada, The Netherlands.
  • Strong thematic focus on Software, SaaS, Artificial Intelligence (AI).
  • Typical check size: $100K – $500K.

Stage Focus

  • Seed (71%)
  • Pre Seed (26%)
  • Series A (3%)

Country Focus

  • United States (91%)
  • Canada (3%)
  • The Netherlands (3%)
  • Estonia (3%)

Industry Focus

  • Software
  • Saas
  • Artificial Intelligence (Ai)
  • Information Technology
  • Apps
  • E-commerce
  • Machine Learning
  • Financial Services
  • Fintech
  • Advertising
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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 Ihar Mahaniok frequently co-invest with?

SeedInvest
North America, New York, United States, New York
Co-Investments: 2
LAUNCH
North America, California, United States, San Francisco
Co-Investments: 2
Geek Ventures
North America, New York, United States, New York
Co-Investments: 2
FundersClub
North America, California, United States, San Francisco
Co-Investments: 8
Elysium Venture Capital
North America, California, United States, Palo Alto
Co-Investments: 2
Y Combinator
North America, California, United States, Mountain View
Co-Investments: 8
TA Ventures
Europe, Hessen, Germany, Frankfurt
Co-Investments: 2
Unpopular Ventures
North America, California, United States, San Francisco
Co-Investments: 2
Kima Ventures
Europe, Ile-de-France, France, Paris
Co-Investments: 2
AltaIR Capital
North America, California, United States, San Francisco
Co-Investments: 2

Which angels does Ihar Mahaniok often collaborate with?

JH
North America, Texas, United States, Houston
Shared Deals: 1
George Godula
Asia, Shanghai, China, Shanghai
Shared Deals: 1
AR
North America, Illinois, United States, Chicago
Shared Deals: 1
JB
North America, California, United States, San Francisco
Shared Deals: 1
AB
North America, United States
Shared Deals: 1
AN
North America, California, United States, Los Altos
Shared Deals: 1
YM
Europe, Belarus
Shared Deals: 2
MB
North America, California, United States, San Francisco
Shared Deals: 1
LL
North America, New York, United States, New York
Shared Deals: 1
Dan Teran
North America, New York, United States, New York
Shared Deals: 1

What are some of recent deals done by Ihar Mahaniok?

Localie

Rotterdam, Zuid-Holland, The Netherlands

Localie is a platform for travelers to find verified locals who can show them around and help with all aspects of a trip.

HospitalityTourismTravel
SeedAug 28, 2022
Amount Raised: $97,000
Workee

Lewes, Delaware, United States

SaaS. Simplest personal website builder for private tutors and freelancers in private sessions.

Productivity ToolsSaaSSoftware
Pre SeedJan 30, 2022
Amount Raised: $600,000
Spice AI

Seattle, Washington, United States

Spice AI removes the complexity of building massive data infrastructure to help developers create the next generation of AI-driven apps.

Artificial Intelligence (AI)BlockchainCloud Data ServicesDeveloper PlatformMachine LearningSoftware
Pre SeedOct 14, 2021
Amount Raised: $1,055,000
Yope

Middletown, Delaware, United States

Yope app is the social "Google Photos" for Gen Z, designed for sharing and chatting, not just storage.

Information TechnologyMobile AppsSocial MediaSoftwareVideo Chat
Pre SeedSep 23, 2021
Amount Raised: $660,000
Gainy

San Francisco, California, United States

Thematic investing platform for retail investors

Financial ServicesSoftware
Pre SeedJul 28, 2021
Amount Raised: $20,000
Airbyte

San Francisco, California, United States

Airbyte is an open-source data integration engine that helps to sync data from applications to warehouses.

AnalyticsData IntegrationOpen SourceProductivity Tools
SeedMar 2, 2021
Amount Raised: $5,200,000
ZeroAvia

Hollister, California, United States

ZeroAvia develops zero-emission hydrogen fuel cell powertrain solutions for aircraft.

AerospaceAir TransportationCleanTechIndustrial
Series ADec 16, 2020
Amount Raised: $21,400,000
Jeeves

Miami, Florida, United States

Jeeves is a B2B financial tech platform offering credit, funded corporate cards, and cross-border payments for businesses.

BankingCredit CardsFinancial ServicesFinTechPayments
SeedNov 12, 2020
Amount Raised: $5,000,000
NutriSense

Chicago, Illinois, United States

NutriSense is a metabolic health platform that combines real-time monitoring with personalized dietitian coaching.

AppsFitnessHealth CarePersonal HealthReal TimeWellness
SeedOct 30, 2020
Amount Raised: $2,500,000
Composer

Toronto, Ontario, Canada

Composer allows users to build, test, and manage automated investment strategies without writing a line of code.

FinanceFinancial ServicesFinTech
SeedSep 10, 2020