ITCAP

Summary

iTech Capital appeared to be the VC, which was created in 2010. The main office of represented VC is situated in the Riga. The venture was found in Europe in Latvia.

The current fund was established by Gleb Davidyuk. We also calculated 1 valuable employee in our database.

The usual cause for the fund is to invest in rounds with 2 partakers. Despite the iTech Capital, startups are often financed by Techstars, Georgian Co-Investment Fund, Bill Tai. The meaningful sponsors for the fund in investment in the same round are Skolkovo Ventures, SDVentures, Russia Partners. In the next rounds fund is usually obtained by Macquarie Capital, MACSF, LIAN Group.

The higher amount of exits for fund were in 2018. The important activity for fund was in 2013. Despite it in 2019 the fund had an activity. When the investment is from iTech Capital the average startup value is 500 millions - 1 billion dollars. Deals in the range of 10 - 50 millions dollars are the general things for fund. Comparing to the other companies, this iTech Capital performs on 18 percentage points less the average number of lead investments. Speaking about the real fund results, this VC is 59 percentage points more often commits exit comparing to other organizations. The fund is constantly included in 2-6 investment rounds annually.

The fund has no specific favorite in a number of founders of portfolio startups. In case when startup counts 5+ of the founder, the chance for it to get the investment is meager. Among the most popular portfolio startups of the fund, we may highlight Garpun, REAL WEB MEDIA, Roistat. Besides, a startup requires to be at the age of 6-10 years to receive the investment from the fund. Among the most popular fund investment industries, there are Marketing, Information Services. For fund there is no match between the country of its foundation and the country of its the most frequent investments - Russian Federation.