UA Venture Industry in 2015

1. UA Venture Industry 2015
Rostyslav Chayka
www.rchayka.com

3. What do you know about Ukrainian startup scene ?

4. Investigation Goals
Help Ukrainian startups to understand the environment
Facilitate Global players in approaching right strategy
Clarify information and destroy myths

5. Meet Rostyslav Chayka
● Lviv Startup Club since 2009
● Lemberg Tech Business School
● StartupLine.org
● Startup Coach

6. Agenda
UA IT in 2015
UA Startup Successes
Domestic Venture Capital
Investments in UA startups
Startup Ecosystem
Infrastructure

7. UA IT in 2015
90 000 IT professionals (#1 in Europe)
1000+ IT Service companies (20-800)
10 big companies (800+)
106 middle-size companies (80+)
100+ Multinational R&D Centres
36 000 graduates from tech faculties (15 000 - IT)

8. Education

9. TOP-10 Outsourcing Companies (800+)
EPAM (4400)
SoftServe (3891)
Luxoft (3730)
GlobalLogic (2672)
Ciklum (2335)
Nix Solutions (1500)
Infopulse (1211)
NetTracker (962)
Eleks (842)
Miratech (807)

10. Number of 80+ companies

15. R&D Centers

16. UA Startup success in 2015
1. Snapchat acquired Looksery for $150 mln.
2. Oracle bought Maxymiser(8-digits deal)
3. Canadian Mobify acquired Ukrainian Jeapie startup (7-digits deal)
4. Horizon Capital backs Rozetka
5. Yell.ru bought YouScan

17. Yell.ru acquired YouScan
Yell.ru - Swedish recomedation startup for Russia and CIS
YouScan - Ukrainian social monitoring startup
Founded in 2010
Alex Orap
Funded by The OpenFund

18. Horizon Capital backs Rozetka
Rozetka valuation: $200mln - $700mln
Estimated equity acquired: 5% - 15%

19. Mobify acquired Jeapie
Mobify - m-commerce
Jeapie - mobile marketing service
Founded in 2013
GTF grant in Oct. 2013 (240 000 uah)
GrowthUP incubator
Digital Future seed investment ($50K)

20. Oracle bought Maxymiser
Maxymiser - A/B web-content testing
Oracle Marketing Cloud
Founded in 2006
Launched in 2010 on global market
Funded with $12mln in 2012
IT Team in Dnipropetrovsk
Max Polyakov & 2 co-founders
$15 mln. total investments

21. Snapchat bought Looksery for $150 mln
Founded in 2015
CEO - Victor Shaburin
Handster - Opera Software(2011)
Kickstarter in 2015 ($50K)
iOS - 3 mln. downloads
License business model
IT Team in Odessa
$1 mln. / month revenue

22. UA Venture Capital Industry in 2015
Venture Funds
EU Funds in UA
Business Angels
Grants

23. Venture Funds
SMRK
BeValue
GardenVentures

24. EU & Global Venture Funds in UA

25. Business Angels
150-250 angels
50 angels: 5 deals in year, $20K-$50K
15 angels: $50K - $200K

26. Asociations and players
UVCA
UAngel

27. Investments rounds
1. iTech Capital - $2 mln - Clicky
2. SMRK - $1.3 mln - Settle
3. Almaz Capital - $1.1 mln - Petcube
4. The Hive - $1 mln - Augment Pixels
5. SMRK - $1mln - Ajax Systems
6. Undisclosed - $850K - Rentberry
7. WannaBiz - $650K - Kwambio

28. UA Investment Volume
UVCA: $11 mln in 34 startups
UaAngel: 21 deals ($1.6 mln)

29. Incubators

30. Coworkings

31. Ivan Pasichnyk
30 under 30
Ecois.me - habraum
investments

32. Startup Workflow
Global idea in IoT, Energy, BigData
European Accelerator
Global Investors
Distributed Team

33. Credits
Eugene Sysoev
AIN.ua
StartupLine.com.ua
UVCA
UAAngel