UA Venture Industry 2015Rostyslav Chayka

www.rchayka.com

What do you know about Ukrainian startup scene ?

Investigation Goals

Help Ukrainian startups to understand the environment

Facilitate Global players in approaching right strategy

Clarify information and destroy myths

Meet Rostyslav Chayka

●Lviv Startup Club since 2009●Lemberg Tech Business School●StartupLine.org●Startup Coach

Agenda

UA IT in 2015

UA Startup Successes

Domestic Venture Capital

Investments in UA startups

Startup Ecosystem

Infrastructure

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)

$2.7 bn Software Outsourcing Export (3% of GDP)

Education

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)

Number of 80+ companies

R&D Centers

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

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

Horizon Capital backs Rozetka

Rozetka valuation: $200mln - $700mln

Estimated equity acquired: 5% - 15%

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)

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

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

UA Venture Capital Industry in 2015

Venture Funds

EU Funds in UA

Business Angels

Grants

Venture Funds

SMRK

BeValue

GardenVentures

EU & Global Venture Funds in UA

Business Angels

150-250 angels

50 angels: 5 deals in year, $20K-$50K

15 angels: $50K - $200K

Asociations and players

UVCA

UAngel

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

UA Investment Volume

UVCA: $11 mln in 34 startups

UaAngel: 21 deals ($1.6 mln)

Incubators

Coworkings

Ivan Pasichnyk

30 under 30

Ecois.me - habraum

investments

Startup Workflow

Global idea in IoT, Energy, BigData

European Accelerator

Global Investors

Distributed Team

Credits

Eugene Sysoev

AIN.ua

StartupLine.com.ua

UVCA

UAAngel