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Vilandes Venture Capital is a venture capital firm established by M&A investment bankers and serial entrepreneurs in Riga, Latvia. The firm focuses on early-stage software startups primarily located in Eastern Europe and the CIS. Founded with the intent to support innovative companies leveraging online business models, Vilandes VC has carved a niche in the investment landscape of the region.
Currently, Vilandes VC manages a portfolio of 8 companies, emphasizing sectors such as e-commerce, marketplace, and B2C. The firm operates with a hands-on approach, providing not only capital but also strategic guidance and operational support to its portfolio companies. Vilandes VC aims to lead or co-lead investments, collaborating with other financial or strategic investors to enhance growth opportunities.
As of now, Vilandes VC has not disclosed its total assets under management (AUM) or fund size. However, the firm is known for its active involvement in the life of its portfolio companies, offering financial and legal advice, technical expertise, and valuable industry contacts. This approach positions Vilandes VC as a significant player in the early-stage investment scene in Eastern Europe.
Vilandes Venture Capital primarily invests in early-stage startups at the Pre-Seed, Seed, and Series A stages. The firm typically allocates between $50,000 and $400,000 per investment, with the potential for follow-on investments as portfolio companies scale. Vilandes VC's investment strategy is centered around sectors such as e-commerce, marketplace, and B2C, reflecting a strong preference for companies that utilize online business models for growth.
The firm seeks to lead or co-lead investment rounds, often collaborating with other financial or strategic investors to maximize the potential for success. Vilandes VC emphasizes the importance of innovative ideas and talented management teams, looking for startups that demonstrate a clear path to growth and scalability. The firm does not maintain a predefined exit strategy, allowing for flexibility in its investment approach.
Geographically, Vilandes VC focuses on startups based in Eastern Europe and the CIS, including Latvia, Russia, Ukraine, and the Baltic states. This regional focus allows the firm to tap into emerging markets and support local entrepreneurs in their growth journeys.
Vilandes Venture Capital has invested in a diverse range of companies, primarily in the e-commerce and consumer sectors. Notable portfolio companies include:
This portfolio reflects Vilandes VC's commitment to supporting innovative startups that leverage technology and online business models to drive growth.
Kirill Jurzditsky: Founder of Vilandes VC, Kirill has a background in M&A investment banking and entrepreneurship. His experience in the financial sector informs the firm's investment strategies and operational support for portfolio companies.
Pavel Zeigermaher: Partner at Vilandes VC, Pavel brings expertise in early-stage investments and strategic partnerships. His role involves identifying promising startups and guiding them through the investment process.
Olga Leitena: Finance Lead, Olga oversees the financial operations of Vilandes VC. Her background in finance ensures that the firm maintains sound financial practices while supporting its portfolio companies.
Elena Kuznetsova: Legal expert at Vilandes VC, Elena provides legal guidance to the firm and its portfolio companies, ensuring compliance and mitigating risks associated with investments.
Jevgeny Azikov: CEO of Vilandes VC, Jevgeny plays a crucial role in the firm's strategic direction and operational management. His leadership helps drive the firm's mission to support innovative startups in Eastern Europe.
To pitch Vilandes VC, founders should utilize the contact form available at vilandes.vc/contact or send an email to info@vilandes.vc. The firm prefers concise pitches that clearly outline the business model, market opportunity, and team qualifications. Founders should include relevant financial projections and any traction metrics that demonstrate growth potential.
Vilandes VC operates on a rolling application cycle, and while they do not specify a response time, founders can expect to hear back regarding their pitch. A warm introduction is not required, but it may enhance the chances of receiving a timely response.
As of February 27, 2023, Vilandes VC made a notable investment in Ampere, a neobank for business. This investment highlights the firm's ongoing commitment to supporting innovative financial technology solutions.
Prior to this, Vilandes VC invested in several companies, including GLSS on July 26, 2022, and GetaPro on the same date. These investments reflect the firm's focus on early-stage startups in the e-commerce and service sectors.
While there have been no recent announcements or new investments reported after February 2023, Vilandes VC continues to maintain its portfolio and support its existing companies.
What are Vilandes VC's investment criteria?
Vilandes VC focuses on early-stage startups in the Pre-Seed, Seed, and Series A stages, primarily in the e-commerce, marketplace, and B2C sectors. The firm typically invests between $50,000 and $400,000 per company.
How can I pitch to Vilandes VC?
Founders can pitch to Vilandes VC by visiting their contact page at vilandes.vc/contact or by emailing info@vilandes.vc. The firm maintains an open pitch policy.
What makes Vilandes VC different from other investors?
Vilandes VC distinguishes itself by providing 'smart money,' which includes not only capital but also active participation in the life of portfolio companies. This includes offering financial and legal advice, technical expertise, and valuable industry contacts.
What is Vilandes VC's geographic focus?
The firm primarily invests in startups located in Eastern Europe and the CIS, including countries such as Latvia, Russia, and Ukraine.
What is the decision timeline for investments?
Vilandes VC does not disclose a specific decision timeline for investments, but they operate on a rolling application cycle.
Does Vilandes VC have a predefined exit strategy?
No, Vilandes VC does not maintain a predefined exit strategy, allowing for flexibility in their investment approach.
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