СFI: CIOJLS
ISIN code: KYG498621088
This fund is listed on Bloomberg
Growth Capital Sector Specific Fund
FUND TYPE
Series B and Beyond
STAGE
Fundrasing
FUND STATUS
2018
VINTAGE
iTechFund II launched in 2018, invests worldwide in globally-scalable tech companies at both the critical Series B stage and beyond. In addition to funding, we share our considerable experience and expertise with our companies. Everything is designed to help them maximize their potential to expand internationally. The fund is open for investment and continues to identify and assess potentially qualifying companies.
Global
FUND REGION
The Fund Is Invested In Five Key Verticals
Online Travel & Ticketing
FinTech
LegalTech
SaaS
Aviasales is a №3 metasearch globally and the largest metasearch business in emerging markets.
Online Travel & Ticketing
Aviasales is a №3 metasearch globally and the largest metasearch business in emerging markets.
Amulex is an acknowledged leader in providing remote legal services for individuals and small/medium business in Russia. Consolidating the latest achievements of LegalTech market with comprehensive client-oriented consulting. The Fund acquired a stake in Amulex in March 2018.
LegalTech
Amulex is an acknowledged leader in providing remote legal services for individuals and small/medium business in Russia. Consolidating the latest achievements of LegalTech market with comprehensive client-oriented consulting. The Fund acquired a stake in Amulex in March 2018.
The Bitfury Group is a full-service Blockchain technology company and one of the largest private infrastructure providers in the blockchain ecosystem. The Fund I invested US$ 10mn in 2015, and partially exited in 2017. In 2018 we again invested in the company through the iTech Fund II.
FinTech
The Bitfury Group is a full-service Blockchain technology company and one of the largest private infrastructure providers in the blockchain ecosystem. The Fund I invested US$ 10mn in 2015, and partially exited in 2017. In 2018 we again invested in the company through the iTech Fund II.
ROISTAT provides an SaaS end-to-end system for business analytics and optimization of marketing expenses for companies. The Fund acquired a stake in ROISTAT in February 2019.
SaaS
ROISTAT provides an SaaS end-to-end system for business analytics and optimization of marketing expenses for companies. The Fund acquired a stake in ROISTAT in February 2019.
iTech Fund II Investment Strategy
Focus
IT companies across key sectors including SaaS, AdTech, FinTech, Online Travel, Big Data
Geography
Global, wherever the best candidate companies can be found
Business Model
Cash flow positive companies with a potential to scale globally
Company Management
Serial entrepreneurs, with a proven track record
Revenue
Sustainable revenue streams denominated in hard currencies
If you think your company would be
a fit for our investment portfolio please give us some outline details.
US$ 3-10mn
Investment Ticket
US$ 1mn
Net Revenue Criteria LTM
US$ 2-3mn
ARR Criteria
iTech Fund II Investor Information
TYPICAL 5%+ DIVIDEND
The iTech Fund II portfolio normally pays a dividend yield of over 5%.
TRANSPARENCY AND REPORTING
We welcome involvement from our investors, who are invited to participate in the investment decision-making process. To support this we provide state-of-the-art fund reporting capabilities.
CO-INVESTMENT OPPORTUNITIES
Fund LPs gain access to unique co-investment opportunities on favorable terms, providing potentially higher returns.
ENTREPRENEURIAL ENDORSEMENT
More than 70 HNWI – all accomplished and successful business people – have invested with iTech Capital since 2011.
AIMING FOR GROWTH WITH REDUCED VOLATILITY
iTech Fund II invests in the late stages of growing companies worldwide, with a view to reducing risks of loss and default.
For more details about iTech Fund II performance and the investment opportunities we offer:
Aviasales
Aviasales is a №3 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
www.aviasales.com
Max Kraynov
CEO
«...Aviasales has been in the same boat with iTech Capital for more than five 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...»
Founded: 2009
Industry: TravelTech
Our Fund: iTech Fund I
Year of the funding round: 2014
Funding amount: $US 10M
www.aviasales.com
Max Kraynov
CEO
«...Aviasales has been in the same boat with iTech Capital for more than five 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...»
Bitfury
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
www.bitfury.com
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...»
Founded: 2011
Industry: FinTech; CryptoTech
Our Fund: iTech Fund I; iTech Fund II
Year of the funding round: 2015; 2018
Funding amount: US$10M
www.bitfury.com
Valery Vavilov
Founder and CEO
«...In any successful business, reputation and teamwork are important. At Bitfury, one of our objectives is to surround ourselves with good people who keep up with the times, share our vision and open doors to global economic opportunities. Our experience with iTech Capital to date has been positive. iTech Capital is a founder supportive fund, which is important for any growing company. This is especially true in a new industry like blockchain, as we are developing our company while the market itself evolves. The iTech Capital team looks far into the future and shares our views on building new technology that will change the world...»
Amulex
Amulex is an acknowledged leader in providing remote legal services to individuals and small/medium business in Russia. Consolidating the latest achievements of LegalTech market with comprehensive client-oriented consulting.
Founded: 2010
Industry: LegalTech
Our Fund: iTech Fund II
Year of the funding round: 2018
Funding amount: US$ 8M
www.amulex.ru
Egor Kovalenko
Co-founder and Managing Partner
«...For us 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 consulter 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...»
Founded: 2010
Industry: LegalTech
Our Fund: iTech Fund II
Year of the funding round: 2018
Funding amount: US$ 8M
www.amulex.ru
Egor Kovalenko
Co-founder and Managing Partner
«...For us 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 consulter 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...»
Roistat
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; Skolkovo Digital
Year of the funding round: 2019
Funding amount: US$4 M
www.roistat.com
German Gavrilov
Co-Founder
«...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...»
Founded: 2014
Industry: MarTech
Our Fund: iTech Fund II; Skolkovo Digital
Year of the funding round: 2019
Funding amount: US$4 M
www.roistat.com
German Gavrilov
Co-Founder
«...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...»
