Welcome to iTech Capital
Innovative private equity and venture capital investment manager. We have been investing in successful businesses building new internet technology continually since 2010. Our portfolio companies are present in over 15 countries worldwide, serving more than 50 million clients.
VC and PE Investment
We invest globally in tech companies at critical Series A stage and beyond. Active investors, we participate in the upside, yet greatly mitigate the downside by engaging with management. We share our considerable experience to grow companies and maximize their potential to expand globally.
Along with capital, we provide a broad range of professional expertise to our chosen companies to accelerate growth and consolidate their first-mover advantage. We are looking for great companies, not limiting ourselves to specific verticals, with current portfolio in the following industries.
Online Travel & Ticketing
Big Data
6 exits achieved during last 5 years:
Recent Exits
Global Mandate and Global Talent
We specialise in accelerating and optimizing the growth of a small number of rigorously screened, tech-based companies. Each has been identified as changing the rules in tech, providing new services that can potentially transform their markets.

Check out our Portfolio
Check out our Funds
We back ambitious and high-achieving company founders from diverse backgrounds who are working to reinvent businesses and operational models across key business sectors.

We offer you a carefully tailored range of private equity and venture capital funds that invest in these companies. Each fund is positioned to capture the value generated during their key period of growth and expansion.

Our investment criteria are demanding, and vary according to the mandates of individual iTech Capital funds.
iTech Family
Our record of success shows we have developed winning strategies, along with the discipline and flexibility needed to implement them. We work hard to develop a positive ecosystem for our investors and our companies, exploiting opportunities for synergy.
Private Investors
Offices Worldwide
Employees Worldwide
Our Awards
Our Awards
What Is The Price of Fraud?
Our team reviews thousands of projects each month in search of the best use of the funds entrusted to us by investors. We continue to share our expertise and publish market reviews that appear to be in our focus.
MAY 12, 2020
Our People and Expertise
Everything we do is based on our commitment to deep technological insight. We then apply the strictest standards of professionalism, transparency, and trust – while always preserving our creative spirit and reputation for fast thinking. We evolve: continually seeking new ways to explore and meet
the needs of our investors and company partners.

If you share our approach and vision, you might be interested in joining us.
Find out more about job opportunities:
Amulex is one of the largest legal companies in Russia, providing legal services to corporate and private clients in various branches of law and economics, combining the latest achievements of IT technologies in LegalTech with comprehensive legal client-oriented consulting.

Founded: 2010

Industry: LegalTech

Our Fund: iTech Fund II

Year of the funding round: 2018

Funding amount: US$ 8M


Egor Kovalenko
Co-Founder and Managing Partner

«...For us what was highly important was the fund's delicate approach to our business, which had been successfully operating for 8 years before the start of cooperation with iTech Capital. Bringing iTech Capital on board we have got a significant professional value-added consultant in addition to a capital provider. We are confident that together we will be able to scale our company, which has already helped millions of Russians to solve their day-to-day legal problems...»
Aviasales is №3 in metasearch globally and the largest metasearch business in emerging markets. The company compares all flights deals that match customer's request and redirects him to the airlines' and travel agencies' sites to make a booking.

Founded: 2009

Industry: TravelTech

Our Fund: iTech Fund I

Year of the funding round: 2014

Funding amount: $US 10M


Max Kraynov

«...Aviasales has been in the same boat with iTech Capital for more than six years, and we are pleased with the level of support and mentoring that the Fund provides to us. During this time, the Aviasales management team has developed a trusting relationship with representatives of the Fund, and we have successfully managed to distribute roles in our business development. In our life, no year is like the previous one, so we are all growing together to meet the expectations of the market and shareholders...»
The Bitfury Group is the largest full-service blockchain technology company in the world. They develop and deliver cutting-edge software and hardware solutions necessary for businesses, governments, organizations and individuals to securely move assets across the blockchain.

Founded: 2011

Industry: FinTech; CryptoTech

Our Fund: iTech Fund I; iTech Fund II

Year of the funding round: 2015; 2018

Funding amount: US$10M


Valery Vavilov
Founder and CEO

«...In any successful business, reputation and teamwork are important. At Bitfury, one of our objectives is to surround ourselves with good people who keep up with the times, share our vision and open doors to global economic opportunities. Our experience with iTech Capital to date has been positive. iTech Capital is a founder supportive fund, which is important for any growing company. This is especially true in a new industry like blockchain, as we are developing our company while the market itself evolves. The iTech Capital team looks far into the future and shares our views on building new technology that will change the world...»
Clickky is a platform for mobile advertisers and publishers which offers programmatic, performance and video solutions. Since the end of 2016 the company operates its own RTB Marketplace and SSP. Direct publishers can connect their inventory to Clickky's SSP through a self-serve interface.

Founded: 2010

Industry: MarTech

Our Fund: iTech Fund I

Year of the funding round: 2015

Funding amount: US$ 2M


Vadim Rogovskiy
CEO and Founder

«...We are happy to cooperate with iTech Capital since the very beginning; I believe it is one of the most active and professional VCs in Eastern Europe...»

Ecwid provides online selling solutions for small businesses in over 175 countries in 54 languages. It is a cloud-based SaaS digital e-commerce platform that allows anyone to create a professional embeddable online store and start selling.

Founded: 2009

Industry: E-commerce

Our Fund: iTech Fund I

Year of the funding round: 2014

Funding amount: US$ 4.4M
EXIT: 2020


Ruslan Fazlyev
Founder and CEO

«...Gleb Davidyuk is a true gentleman of the investment business and he is the reason why we in Ecwid work with the fund. The best indicator of the pace in which the fund operates is that three weeks have passed from our first meeting to the closing of the deal...»
Edna is a one-stop solution provider for the digital communication needs of businesses. Company develops state-of-the-art digital customer communication products that give companies a competitive edge by delivering seamless, personalized, and context-based experiences to their clients.

Founded: 2005

Industry: Big Data

Our Fund: iTech Fund I

Year of the funding round: 2014

Funding amount: US$ 5M


Pavel Sorokin

«...Gleb is a man of his word and business. He speaks on substance even if it is not very pleasant at times. In team work, the fund team behaves like a full-fledged participant in business, if something was needed, they were actively responding to the need. Gleb and his team are very adequate, thoughtful and high-performing people, literally a few are like them...»

Anton Shishkovsky

«...During our cooperation, the iTech Capital team has proven themselves as a reliable and very useful partner. The fund really gives portfolio companies so called „smart money" - they keep our freedom in making decisions, while helping with ideas, experience and useful contacts...»
iConGroup is an online advertising group that incorporates seven marketing and advertising agencies.The company is one of the leaders in the independent online marketing industry in Russia.

Founded: 2002

Industry: AdTech

Our Fund: iTech Fund I

Year of the funding round: 2013

Funding amount: US$ 4M


Maria Chernitskaya
President of Icongroup, Vice-President of IAB Russia

"...We are with iTech Capital for more than seven years. Through that, we have obtained the opportunity to communicate with other interesting projects in which the fund is investing. At general meetings we communicate, learn interesting digital insights and share experiences. This background helps us all grow. We are happy to participate in the annual conferences of iTech Capital, and this format of communication helps us to develop business and grow as entrepreneurs, to become even better, higher and stronger. It is very valuable..."
PromoPult is an automated search engine marketing optimization company enabling SMBs and private individuals to build effective online marketing campaigns. One of the pioneers of SEO businesses in Russia and the dominant player in the field.

Founded: 2008

Industry: MarTech

Our Fund: iTech Fund I

Year of the funding round: 2012

Funding amount: US$ 16M


Alexey Shtarev

«...We are cooperating with the iTech Capital Fund since 2012.Together we passed the path from the SEO service to an automated advertising platform covering all areas of Internet marketing. Persistent advice to work in the international direction bore fruit - now the service is popular in Poland and Indonesia. In what Promopult has become now, must be admitted considerable merit of Gleb and the team - we appreciate the advice and competent approach to our partnership. We have big plans - and we are confident that we will achieve them, thanks to the strong support of the fund's team...»
RealWeb is a context and media advertising agency, one of the oldest and most skilled digital marketing agencies in Russia. The company uses it's own high-tech solutions (AdHands, Garpun) to manage customers' marketing campaigns.

Founded: 1998

Industry: AdTech, MarTech

Our Fund: iTech Fund I

Year of the funding round: 2013

Funding amount: US$ 3.6M


Maxim Vinogradov

«...Realweb and iTech Capital have established not just working relations, we see much more in our colleagues - real friends, loyal comrades. The advertising market is boiling up and changing before our eyes, but for many years now we have been growing at a faster pace and developing together. And this is just the beginning...»
Roistat is a SaaS end-to-end system for business analytics, as well as for attribution and optimization of marketing expenses for companies. The platform aggregates and compares data from the clients' CRM systems and media, which allows for the more accurate analysis of financial results for every sales channel.

Founded: 2014

Industry: MarTech

Our Fund: iTech Fund II

Year of the funding round: 2019

Funding amount: US$ 4M


German Gavrilov

«...Over the past few years, we have built a successful business model in Russia and we continue to grow rapidly. Our target - improve marketing efficiency in companies around the world. Now we are at that stage of development when we feel the power and understand how important it is to enter the international market. iTech Capital seemed to us the most professional and experienced for the further development of the company competencies. The fund team shares our views and ambition for international expansion. We are glad that we are in the same boat...»
TradingView is a cutting-edge web-based financial platform for traders and investors to improve investing skills and maximize profits with more than 7 million traders worldwide.

Founded: 2010

Industry: FinTech

Our Fund: iTech Fund I

Year of the funding round: 2014

Funding amount: $4.4M US


Constantine Ivanov
CTO and Co-Founder

TicketlandMTS is a leading company in the Russian event ticketing market.

Industry: Online Ticketing

Our Fund: iTech Fund I

Year of the funding round: 2013

Funding amount: US$ 10M
EXIT: 2018


Vitaly Vinogradov
CEO TicketlandMTS

«...In 2012, we began work on the creation of a large ticket operator Ticketland joining efforts with iTech Capital. The Fund has been of great assistance in working with minority shareholders, in developing a strategy, implementing five M&A and building financial statements under IFRS standards. This work resulted in the sale of the company to the strategic investor MTS in 2018. The search for the buyer, negotiations and the whole transaction was carried out with an active participation of the Fund. It is important to note an outstanding technological expertise of the fund's employees and the manager. The human and friendly support of Gleb Davidyuk and his colleagues has been of great help to me many times. I am grateful for their experience and pleasure of cooperation with them...»