Internet Initiatives Development Fund (IIDF)

In 2013 was created Internet Initiatives Development Fund (IIDF), which is appeared as VC. The leading representative office of defined VC is situated in the Moscow. The fund was located in Europe if to be more exact in Russian Federation.

The standard case for the fund is to invest in rounds with 1-2 partakers. Despite the Internet Initiatives Development Fund (IIDF), startups are often financed by Life.SREDA, HaxAsia, Verdane. The meaningful sponsors for the fund in investment in the same round are Moscow Seed Fund, RVC InfraFund, RBF Ventures. In the next rounds fund is usually obtained by SmartHub, Moscow Seed Fund, Far Eastern High Technology Fund.

The fund has no specific favorite in a number of founders of portfolio startups. In case when startup counts 4 of the founder, the chance for it to get the investment is meager. Besides, a startup requires to be at the age of 4-5 years to receive the investment from the fund. For fund there is a match between the location of its establishment and the land of its numerous investments - Russian Federation. We can highlight the next thriving fund investment areas, such as Internet, Retail. Among the various public portfolio startups of the fund, we may underline Ubic Technologies, Brandquad, PimPay

The common things for fund are deals in the range of 100 thousands - 1 million dollars. When the investment is from Internet Initiatives Development Fund (IIDF) the average startup value is 1-5 millions dollars. Speaking about the real fund results, this VC is 17 percentage points less often commits exit comparing to other organizations. The fund is constantly included in more than 49 investment rounds annually. The important activity for fund was in 2014.

We also calculated 6 valuable employees in our database.

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