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1. TRACXN MONTHLY REPORT
DECEMBER 2021
RUSSIA TECH

2. Russia Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Contents
2
Russia Tech Snapshot 3
Investment Snapshot 4
List of Funding Rounds 5
Top Funded Business Models - last 1 year 6
New Analyst Picks 7
Acquisitions 8
Recent News 9

3. Russia Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Russia Tech Snapshot – December 2021
Russia Tech: Snapshot – December 2021
Note : "Investors" refers to "Institutional Investors" only
3
$15.3M
1
Overall Geo Stats
2
2
8
2
Funding Rounds $ Invested Analyst Picks
MindBox Upgraded
to MINICORN
New Investors
Series A+ rounds Active Investors IPOs Acquisitions
Utkonos
ALM Works
Top Funding Rounds Top Markets Top Investors Top Cities
Monthly Leader Board
Moscow
(2 Rounds, $15.3M)
$13M - PE
MindBox (2006, Moscow, $13M)
$2.3M - Seed
Synchronize.ru (2015, Moscow, $2.3M)
Baring Vostok
(1 Investments)
AdFirst
(1 Investments)
MarketingTech
MindBox
Continued Learning
Synchronize.ru
Market Size
Companies Covered 7,358
Funded Companies 1,092
Total Funding $4.6B
Funding in last 12 months $584M
Top Exits
IPOs 12
Acquisitions 117
Company Stage
Unicorns 1
Soonicorns 11
Minicorns 64
Editor Picks 508
Series A+ 205
Series C+ 36
Acqui-Hires 1
Deadpooled 775
Top Cities
Moscow (638 Rounds, $3.3B)
St. Petersburg (56 Rounds, $79.0M)
Top Investors
IIDF (110 Investments)
Altair Capital (17 Investments)

4. Russia Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Investment Snapshot
Investment Snapshot of Russia Tech as of December 2021
Russia Tech: Investment Snapshot
4
# Rounds
$ Funding
Investment Trend Top Investments (December 2021)*
MindBox
(2006, Moscow, $13.0M)
$13.0M - PE Baring Vostok
Synchronize.ru
(2015, Moscow, $2.3M)
$2.3M - Seed Maxim Basov
*Shows only the lead Investors

5. Russia Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
List of Funding Rounds
List of Funding Rounds in Russia Tech in December 2021
Russia Tech: List of Funding Rounds
Note: Seed Stage (Seed, Angel), Early Stage (Series A, Series B), Late Stage (Series C+), PE
5
LATE STAGE
$13.0M - PE
MindBox (2006, Moscow, $13.0M)
Cloud based multi industry omnichannel marketing
suite solutions
Baring Vostok
SEED STAGE
$2.3M - Seed
Synchronize.ru (2015, Moscow, $2.3M)
Online platform providing multi-disciplinary learning
courses
AdFirst, Maxim Basov, Mikhail Tsyferov, Anton Volkov,
Stas Korostelev

6. Russia Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Top Funded Business Models - last 1 year
* Rank is based on $Invested in last 1 year in the Business Model. ▲- Indicates change in Rank from previous 1
year.
6
Rank Business Model $ Funding # Rounds Top Funding Round
1 -- Subscription Video On Demand $250M 2 IVI | $250M | Series D
2 <> 0 Car Ride Hailing $150M 1 Indriver | $150M | Series D
3 -- Station Based Intercity Car Rentals $75.0M 1 Delimobil | $75.0M | Series C
4 ▲3 Employee Insurance Benefits Administration $26.0M 1 BestDoctor | $26.0M | Series B
5 ▲3 Employee Healthcare Benefits Administration $26.0M 1 BestDoctor | $26.0M | Series B
6 ▼-1 Truck Booking Marketplace $6.8M 1 Deliver | $6.8M | Seed
7 -- Audio Ad Network $6.1M 1 Instreamatic | $6.1M | Series A
8 -- Crypto Trading Platforms $5.8M 1 TabTrader | $5.8M | Series A
9 -- Conumser Services Lead Generation Platforms $5.0M 1 YouDo | $5.0M | Series D
10 -- 3D Printed Prosthetics and Splints $4.1M 1 Motorica | $4.1M | Series A

7. Russia Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
New Analyst Picks
Interesting Companies identified by Analysts in Russia Tech in December 2021
Russia Tech: Analyst Picks
7
Upgraded to MINICORN
MindBox (2006, Moscow, $13.0M, PE)
Cloud based multi industry omnichannel marketing
suite solutions
Baring Vostokand
Added to Editor's Pick
SberZvuk (2011, Moscow, Unfunded)
Online music streaming platform
Added to Editor's Pick
Igidel.com (2014, Moscow, Unfunded)
Online platform for streaming radio stations
Added to Editor's Pick
EmiSwap (2020, , $1.4M, Seed)
Decentralized automated exchange for
cryptocurrencies
Added to Editor's Pick
Synchronize.ru (2015, Moscow, $2.3M, Seed)
Online platform providing multi-disciplinary learning
courses
Maxim Basov, Anton Volkov, Stas Korostelev and 2
other Investors
Added to Editor's Pick
UBIX (2020, Moscow, Unfunded)
Provider of a DAG network to integrate blockchains
Added to Editor's Pick
Arifmetika (2021, Novosibirsk, Unfunded)
Online platform for consumer loans
Added to Editor's Pick
Mini Arcade (2019, Unfunded)
Provider of a mobile application for playing multiple
games

8. Russia Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Acquisitions
List of Acquisitions in Russia Tech in December 2021
Russia Tech: Acquisitions
8
Acq. Date Company Acquirer Deal Size
17 Dec 2021
Utkonos(2000, Moscow)
E-Grocery store
Lenta $271.5M
22 Dec 2021
ALM Works(2004, St. Petersburg)
Application Lifecycle Management
Tempo

9. Russia Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Recent News (1/2)
Recent News in Russia Tech in December 2021
Russia Tech:News
9
Exit News
.
● Diversis-backed Tempo Software buys ALM Works PE Hub
.
● Lenta to acquire online food retailer Utkonos for $27 retail-insight-network.com

10. Russia Tech - December 2021 Copyright © 2022, Tracxn Technologies Limited. All rights reserved.
Explore more on Tracxn
Explore more about Russia Tech on Tracxn Platform
Russia Tech: Explore more on Tracxn Platform
10
Companies
Recent Companies Covered
Funded Companies
Editor's Pick
Soonicorn Club
SaaS Companies in Russia
AI Companies in Russia
Fintech Companies Russia
Consumer Digital in Russia
Company Due Diligence
Detailed profile of Indriver
Competitors of
Cap Tables of
Investment Activity
Recent Investments
Investment Trend of last 10 years
Mega Investments Rounds
Investors
Most Active Investors
Most Active Angel Investors
Unicorn Investors
Exits
IPO'd Companies
Recent Acquisitions
Most Active Acquirers
Recent Acquihires
News & Events
Recent News
News on People
News on Unicorns
Upcoming Events
Library
Recent Reports
Tracxn Blog
Global Sector Landscape

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