Close Many team members at Unicorn Nest are Ukrainians affected by Russian aggression. We do our best to solve any issues and answer your questions in the shortest possible time frames but some delays are possible.


Investor type Micro VC
Founders Serik Kaldykulov


Unlock datapoints

Portfolio analytics



News & Media

Add fund to favorites
Save this fund for later to form your own custom list of funds
This summary is composed by our algorithm based on the analysis of the deals. If you think that some of this information is not accurate, please let us know about it and provide any supporting evidences if possible. Such cases will be analyzed by our ML-algorithm and implemented in our database, which will improve this summary.
Total investments 37
Average round size
The average size of a deal this fund participated in
Portfolio companies 30
Rounds per year 5.29
Lead investments 3
Follow on index
How often the fund supports its portfolio startups at next rounds
Exits 3
Key employees 4
Stages of investment
Early Stage Venture

Areas of investment

  • FinTech
  • Insurance
  • InsurTech
  • Financial Services
  • Mobile

In 2013 was created Elefund, which is appeared as VC. The main office of represented VC is situated in the Palo Alto. The fund was located in North America if to be more exact in United States.

We also calculated 3 valuable employees in our database.

The top amount of exits for fund were in 2016. The high activity for fund was in 2013. Despite it in 2019 the fund had an activity. The usual things for fund are deals in the range of 5 - 10 millions dollars. The average startup value when the investment from Elefund is 100-500 millions dollars. The fund is constantly included in 2-6 deals per year. Comparing to the other companies, this Elefund performs on 17 percentage points less the average number of lead investments.

Besides, a startup needs to be aged 2-3 years to get the investment from the fund. Among the most popular fund investment industries, there are Cryptocurrency, Finance. The fund has no exact preference in some founders of portfolio startups. In case when startup counts 4 or 5+ of the founder, the chance for it to get the investment is meager. For fund there is a match between the country of its foundation and the country of its the most frequent investments - United States. Among the most popular portfolio startups of the fund, we may highlight Robinhood, Calm, Pie Insurance.

The typical case for the fund is to invest in rounds with 8-9 participants. Despite the Elefund, startups are often financed by Y Combinator, Sirius International Insurance, Moxley Holdings. The meaningful sponsors for the fund in investment in the same round are Sirius International Insurance, Moxley Holdings, Todd Corenson. In the next rounds fund is usually obtained by Union Square Ventures, Susa Ventures, Spark Capital.

Read more

Related Funds

Funds investing in previous rounds
These funds often invest in the rounds preceeding the rounds of Elefund:
Typical Co-investors
Elefund is more likely to invest in rounds together with the following funds:
There are no funds here. If we find new data, we will add it here.
Funds investing in following rounds
These funds have a tendency to invest in the following rounds after Elefund:
There are no funds here. If we find new data, we will add it here.

Funds with similar focus

Funds from United States
Funds with similar focus located in United States:
Funds with the same geo focus
Funds with similar geography of portfolio companies:
Funds doing lead investments
Funds with similar focus acting as lead investors:

Look at other 50 related and similar funds Collapse list
Fund NameLocation
APAMAN Japan, Tokyo
Bajaj Finserv Limited -
Edpstarter Lisbon, Portugal, Sacavém e Prior Velho
Fermi Ventures China, Shanghai
Healthcare Alpha Management China, Shanghai
Inertia Ventures New York, New York, United States
Integrated Asset Management Canada, Ontario, Toronto
Kokopelli -
Kormeli Burlington, Massachusetts, United States
Matsuo Sangyo Japan, Osaka, Osaka Prefecture
Morningside Venture Partners New York, New York, United States
Pacific Asset Partners California, San Francisco, United States
PAI Partners France, Ile-de-France, Paris
Santander Bank Boston, Massachusetts, United States
Sauzalito Ventures California, Sausalito, United States
Security Capital Corporation -
Shanghai Wanmei Touzi Guanli Youxian Gongsi China, Shanghai
TRIBUS Missouri, Saint Louis, United States
Wasson Enterprise Chicago, Illinois, United States

Notable deals

CompanyIndustryRound SizeDateInvestorsLocation


Artificial Intelligence
Image Recognition
Machine Learning
$3M24 May 2022 Belfast, Northern Ireland, United Kingdom


$3M07 Apr 2022 Calabasas, California, United States

Citadel - Payroll APIs

Data Integration
Developer APIs
Information Technology
$25M03 Mar 2022 San Francisco, California, United States


Fantasy Sports
$5M18 Dec 2021 -


$3M28 Oct 2021 -


Social Media Advertising
$25M26 Oct 2021 London, England, United Kingdom


Developer Platform
Financial Services
$5M05 Aug 2021 South Korea, Gyeonggi-do, South Korea

Talos Trading

$40M27 May 2021 New York, New York, United States


UX Design
$15M31 Mar 2021 Salt Lake City, Utah, United States
Pie Insurance Completes $118M Series C Round

– Pie Insurance, an insurtech specializing in workers’ comp insurance for small businesses, today announced the completion of a $118m Series C funding round.
Allianz X and Acrew Capital led the round, and existing investors Greycroft, SVB Capital, SiriusPoint, Elefund, and Moxley Holdings also participated in the round.
– This funding round follows Pie’s $127m Series B extension round in May 2020, in which it formed Pie Carrier Holdings with a $100m equity capital commitment to create and purchase licensed insurance companies.
– In total, Pie has raised over $300m in funding since being founded in 2017.


  • No reviews are submitted yet.
Do you want more?
We provide dozens of additional datapoints about this fund.
Sign up and get access to full fund profile and advanced analysis.
Full team
Industries heatmap
Stages heatmap
Georgaphy breakdown
Portfolio analysis
Performance indexes
Latest highlights
Unlock all data
Do you represent Elefund?
Get access to manage this page
Get in touch
Found incorrect info? Let us know!

You can raise money with us faster

Get matched with relevant funds

Find decision makers data

Connect with investors by email

Remind me later
...and save more than 200 hours*
*-Our recommendation and outreach system saves up to 200 hours of founder time on fundraising for seed and series A+ startups
We use LinkedIn only to verify your account. We don't import or message your contacts, nor post on your behalf.
By creating an account, you agree to our Terms of Service and Privacy Policy.
Crunchbase icon

Content report

The following text will be sent to our editors: