TicketlandMTS is a leading company in the Russian event ticketing market. The Fund invested US$ 10mn in 2013.
Development of the most recognized brand across the market
US$ 100mn turnover achieved - 2017
All-ticket market share increased from 20% to 42%
70% market share in theatre tickets achieved
10x increase in e-ticket sales
(77% of tickets purchased online)
Key milestones achieved during iTech investment:
The largest mobile operator in Russia and CIS.
The exit was completed in 2018, with Ticketland Holding acquired by MTS for RUB 3.23bn.
"...In 2012, we began work on developing Ticketland as a large ticket operator by joining forces with iTech Capital. The iTech Fund has been of great assistance in numerous areas: working with minority shareholders, creating a strategy, implementing five M&As, and building financial statements under IFRS standards. The result was the sale of the company to the strategic investor MTS in 2018..."
TradingView is the world's largest social network for traders and investors. The Fund invested US$ 3mn in 2015.
Key milestones achieved during our investment include:
Development of comprehensive marketing strategy
10x increase in recurring revenue
Top-500 Worldwide Alexa Daily Rank achieved by website
Churn rate reduced by 50% to 6.5%
MAU grew from US$ 500k to US$ 8mn
Leading VC/PE fund with US$ 18bn AUM.
In 2018 As lead investor, Insight Venture Partners
together with Jump Capital and DRW Ventures, invested US$ 37mn in TradingView, including a partial cash-out for the iTech Capital stake.
Bitfury is the world's largest full-service blockchain technology company. The Fund invested US$ 10m in 2015, and partially exited in 2017 with a sale to Credit China FinTech. In 2018 we again invested in the company through the iTech Fund II
"...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..."
Founder and CEO