1. UKRAINIAN VENTURE
MARKET
October 2014

2. UKRAINE IT SECTOR AS OF 2013
OUTSOURCING
2
• $2B in revenue
• 50,000+
engineers
• 500+ firms
R&D GLOBAL CO
• $ billions created
• 5,000+
engineers
• 100+ centers
SOFTWARE TECH
• $2B worth total value
• Thousands
engineers
• 2,000+ startups
ECOMMERCE
• $2B local market
• Thousands
employees
• 100+ companies
On one hand, IT industry in Ukraine is over $5B in value and is growing fast. On the
other hand, most of the largest IT companies have been built with little external funding,
with venture capital market limited by low tens of millions US dollar per year

3. DEALBOOK UKRAINE: ABOUT THE REPORT
3
TO RECEIVE A COPY OF DEALBOOK ON 1 NOV 2014, WRITE TO EDITOR@EWDN.COM
WITH SUBJECT “COPY OF DEALBOOK”
KEY FACTS:
• Data driven analytics and insights into Ukrainian IT
and venture market
• 250+ venture deals analyzed in 2011-2013, 9M 2014
• Most notable M&A and venture deals not
previously covered in media
• 20+ VCs investing in Ukraine and their insights
• Expert opinions by 5 top international VCs
MEDIA PARTNERS:
PARTNERS & SPONSORS:
Digital Future

4. DEALBOOK UKRAINE: KEY HIGHLIGHTS
4
Total amount of investments, USD million,
2010-2013
KEY HIGHLIGHTS:
Total amount of liquidity events, USD million,
2010-2013
68%
5,7X
• Growing amount and volume of VC deals: in 2013 the amount of investment reached $79m, a
68% increase from 2012
• Seed and Series A rounds are dominating: number of seed deals doubled to 44 in 2013 vs.
2011, series A deals tripled from 4 in 2011 to 12 in 2013
• The liquidity volume is up until 2013. Decline during 9M 2014 is to recover once there is
peace in the region

5. VENTURE ECOSYSTEM AS OF OCT 2014
5
INVESTORS’ GEOGRAPHY
Global Local
TICKET
Round A Round B
Pre seed and seed
Few angels
with local
residence
or roots
FFF is still
predominant
funding
method
Number of Ukrainian
startups are residents
50 deal/year
$15-100k ticket
10-15 deals/year
$0.5-1M ticket
Limited number
$1.5-3M
100s/year
$15-50k
ticket
Late stage
Buy out
$5-10M+

6. IT COMMUNITY INITIATIVES IN 2014 ALONE
BrainBasket
Foundation
to invest funds
and resources
to be invested
into training
100,000 IT
specialists by
2020 and
making the IT
industry the
#1 exporting
industry,
contributing
over $20B
yearly
UAngel is
Ukrainian
business
angel
network,
providing
platform for
entrepreneurs
to meet
investors and
for investors
to locally and
internationally
syndicate
UVCA
association
unites VC and
PE investors
and promotes
investment
opportunities
in Ukraine,
representing
interests of
investors to
policymakers
and improving
investment
and business
climate in
Ukraine
Innovative
Ukraine
program is an
IT community
initiative for
government
reforms in the
IT industry
meant to
boost the
development
of the sector
and the entire
economy of
the country
RPR
developed
reforms to
modernize the
country.
Among other
notable
initiatives,
RPR
promotes 3G/
4G and
reforms to
boost
innovative and
high tech
business
UAID
association
drives the
development
of high-end
and IT
technologies
in Ukraine
through
country
promotion on
foreign
markets and
internal shifts
stimulation
6
Innovative
Ukraine
UVCA
Brain Basket
Foundation UAngel
Ukrainian
Venture Capital
and Private
Equity
Association
Innovative
Ukraine
RPR
(Reanimation
Package of
Reforms)
Ukrainian
Association for
Innovation
Development

7. SUCCESS STORIES FROM UKRAINE
7
…#1 global payment platform for games, other virtual goods and web
services. Over 100+ payment options for 200+ countries. IPO prospects
within 3-5 years…
…SaaS technology for spelling and grammar checking. More than 3m
registered users worldwide trust Grammarly’s products, which are licensed
by over 100 leading universities and corporations…
…global provider of CRM and BPM solutions. Numerous international
awards. Is presented in more than 35 countries around the world servicing
over 5000 organizations…
…provides tools for seamless integration of CRM systems and makes users
love software. Engineered to increase user adoption and ROI of enterprises.
Over 1k customers and 1m paid users globally…
…micro photo stock company, top 4 globally and the world's fastest growing
company in their niche. It has major exit and IPO prospects within 3-5
years…
…among TOP-3 job search engines globally operating in 59 countries with
an audience over 1 million job seekers per day…

8. CONTACT DETAILS
8
TO RECEIVE A COPY OF DEALBOOK ON 1 NOV 2014, WRITE TO EDITOR@EWDN.COM
WITH SUBJECT “COPY OF DEALBOOK”
YEVGEN SYSOYEV
Managing Partner
AVentures Capital
www.aventurescapital.com
ys@aventurescapital.com
Twitter @YevgenSysoyev
http://www.slideshare.net/YevgenSysoyev
http://ua.linkedin.com/in/ysysoyev
News about Ukrainian IT www.uadn.net