This document summarizes the Ukrainian startup scene and venture industry in 2015. It provides details on the success of Ukrainian startups, including Snapchat acquiring Looksery for $150 million, and Oracle buying Maxymiser. It also outlines the growing Ukrainian IT sector with over 90,000 professionals, and over 1,000 IT service companies. Finally, it discusses the developing venture capital industry in Ukraine, noting funds like SMRK and BeValue, as well as growing support for startups through incubators, coworking spaces, and business angels.

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