OUR FIRM

iTech Capital is a private equity firm with more than $200M of total AuM. We back entrepreneurs worldwide applying technology to transform the industries. Our team invests at the Series A stage in rapidly growing businesses and provides partnership support to help companies to achieve their full potential.

Our pioneer fund, iTech Fund I with $100M AuM, was established in 2011 and is fully vested with 9 companies in its portfolio.

Second fund, iTech Fund II, has been launched in 2018 with a target size of $200M AuM and 5-10 USDmn investment ticket. The fund is actively fundraising and seeking for new deals across such verticals as SaaS, AdTech, Online Travel, FinTech, Big Data, and Crypto Tech.

We know how to make money and we are ready to share the knowledge with our partners.


iTech global investment strategy lies in the following sectors:

Online advertising technologies: online marketing platforms and tools for website promotion, context advertising and real-time bidding
TMT (Technology, Media and Telecommunications): software, software-on-demand solution providers, e-gaming and e-entertainment, IT outsourcing
 
E-commerce, e-processing and e-banking 
New Media: infoweb portals, social networks, e-advertising channels
 

Our global investment focus is on growing companies developed to a cash-generating stage. Our typical investment size is within the range of US$ 1 to 10 mln, whereas US$ 10 mln. is a cap per one company. Generally the requirements we seek are:

Highly scalable and profitable business concept, proven in Western or Asian markets
 
Clear competitive advantages and market leadership potential
 
Internationalization capabilities and export-attractive technologies
 
Legal and financial transparency
 
Breakeven or cash positive
 
Young and professional founders deeply involved in day-to-day operations
 
Clear exit strategy
 


NEWS

iTech Capital has announced the sale of a partial stake in its portfolio company TradingView delivering more than 11xMoM to its investors


iTech Capital I, L.P. invested US $3 million in the social trading solution back in 2015. Currently TradingView has more than 8 million monthly active users, and organic user base growth over the last three years has reached more than 1600%. Insight Venture Partners is leading a US $37 million primary and secondary investment in TradingView to strengthen international expansion and development of new services, delivering iTech Capital more than 11x MoM in realized and unrealized gains. Insight Venture Parters is joined by Jump Capital and DRW Ventures in the transaction.

Bitfury started working with REGA

Bitfury started working with REGA to create lock-ins solutions in the field of insurance. Together, the companies plan to create a decentralized scoring platform on Exonum.

Bitfury opens a bitcoin Mining Datacenter in Norway

The datacenter will run on renewable energy, reaffirming the commitment to sustainability and innovation for the bitcoin network.

You can now trade through the Poloniex Crypto Exchange on TradingView

TradingView presented its users the opportunity to trade through the Poloniex crypto-exchange.

iTech Capital is announcing the first deal in the portfolio of its new fund iTech Capital II

The growth equity fund iTech Capital II acquired a blocking stake in the National Legal Service AMULEX. This is the first such transaction on the Russian market, which opens up new opportunities for Russian and foreign companies to implement LegalTech solutions.

AMULEX is the leading provider of technology-enables legal services to individuals and companies in the small and medium business segment in Russia. The company combines the latest achievements in LegalTech with comprehensive client-oriented consulting. AMULEX’s partners include the country's largest banks, insurance providers, FMCGs, medical and retail companies that entrust their customers and employees with a leading provider of legal technologies.

The company's is represented in 1,840 cities and towns of Russia, serving over 1,540,000 customers. Every day the company's specialists take more than 1,500 calls in 11 time zones. In 2017 the Analytical Service of AMULEX developed the Russian Index of Legal Literacy, which is regularly used by media and the authorities. The accumulated database of customer references permits the deployment of leading big data and artificial intelligence technologies. In particular, AMULEX is developing a blockchain-based electronic document management system. Since 2013 AMULEX was recognized as the Company of the Year, received the Spears Awards three times, and, in 2017, won the prestigious HR BRAND, Effie Russia and "Innovation Time" awards.

iTech Fund II is expected to raise US$150M. The investment strategy of the new fund remains the same - it supports projects in the later stages of development in the sectors FinTech, IoT, AI, Big Data, Online Travel, SaaS, AdTech and CryptoTech in Russia and beyond. The partners of the fund are Russian and foreign private and institutional co-investors. As of today the iTech Family group includes four funds - iTech Fund I, iTech Fund II, iTechSkolkovo IT Fund and Prostor Capital with total funds under management of more than US $200m.

The iTech Fund II, LP in cooperation with the National Legal Service AMULEX are planning to introduce its own B2B platform in more than 48 companies in the mid- to large- business segment by the end of 2018, allowing organizations to take advantage of remote business, innovative legaltech solutions and telemedicine technologies.

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+371 6766 0627

Moscow, Russia

Tverskoy Boulv., 16/5 125009

+7 499 277-12-36

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