About AddVenture
AddVenture is a venture capital firm founded in 2008. It is primarily based out of Moscow, Russia. As of Apr 2025, AddVenture has invested in 41 companies. It primarily invests in Series A round in Russia based startups. Its investments are spread across a wide range of sectors from Consumer to Enterprise Applications and Retail. Most recently it participated in the $***** Seed round of Native Commerce Overall, AddVenture portfolio has seen 5 acquisitions including key companies like ServiceMarket, Pixonic and Delivery Club. A lot of funds co-invest with AddVenture, with names like Strong Ventures sharing a substantial percentage of its portfolio. AddVenture has team of 4 people including 4 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Rounds of Entry
Seed & Series A
Portfolio Acquisitions
Portfolio Soonicorns
AddVenture's List of Top Investments
AddVenture has a portfolio of 41 companies. Their most notable investments are in BestDoctor and BestDoctor.Their portfolio spans across Russia, Poland, India and 11 more locations. They have invested in Consumer, Enterprise Applications, Retail and 16 other sectors, across stages such as Seed, Series A stages. Here is the list of top investments by AddVenture:1. Washmen
Washmen is an app based platform for booking laundry and dry cleaning services. It partners with local dry cleaners and laundromats for the cleaning services. Customers can schedule pickup and dropoff within 30-minute timeslots. Washmen offers in-app credit car payment. The mobile app is available for download from the App Store and Play Store.
Key facts about Washmen
- Founded Year: 2015
- Location: Dubai (United Arab Emirates)
- Stage: Series B
- Total Funding till date: $6.6M
- Employee Count: 269 as on Jul 31, 2026
- Investors: AddVenture, Henkel Ventures and 5 Others
- Latest Funding Round: Series B, Jul 09, 2019, $*****
- Highlight: Editors' Pick
Network of couriers providing on-demand, same-day parcel delivery services. The company facilitates item pickup and delivery through its application and website. It offers options such as scheduled, next-day, and same-day delivery. The company provides features like package tracking, branded SMS updates, and support services.
Key facts about Borzodelivery
- Founded Year: 2016
- Location: Mumbai (India)
- Annual Revenue: ₹10 - ₹50 Cr as on Mar 31, 2025
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $94M
- Employee Count: 161 as on Jul 31, 2025
- Investors: Mubadala, AddVenture and 7 Others
- Latest Funding Round: Series C, Aug 30, 2021, $*****
- Highlight: Editors' Pick
3. WashSwat
Provider of on-demand laundry and garment care services. This service includes dry cleaning, wet cleaning, and laundry services for clothing, bedding, shoes, rugs, and leather/fur items. Individual items are cleaned according to care labels, and various stain removal methods are used. The company also offers alterations, such as button repair and hemming. A smart factory system utilizes advanced equipment and processes for efficient cleaning. Pick-up and delivery are provided, typically overnight. Pricing is transparent and standardized.
Key facts about WashSwat
- Founded Year: 2015
- Location: Seoul (South Korea)
- Stage: Series C
- Total Funding till date: $38.7M
- Employee Count: 27 as on May 31, 2026
- Investors: ES Investor, AddVenture and 10 Others
- Latest Funding Round: Series C, Nov 28, 2024, $*****
- Highlight: Editors' Pick
ServiceMarket is an app-based marketplace for multiple local services. Their service categories include moving & storage, cleaning, painting & handyman, pest control, events, catering & more. Users can search for the service they need & book via their app by making an online payment. Their app is available for iOS & Android devices.
Key facts about ServiceMarket
- Founded Year: 2013
- Location: Dubai (United Arab Emirates)
- Stage: Acquired
- Total Funding till date: $7.5M
- Employee Count: 56 as on Jul 31, 2026
- Investors: AddVenture, Glowfish Capital and 2 Others
- Latest Funding Round: Series B, Sep 14, 2018, $*****
- Highlight: Acquired
5. Armut
Armut is an online marketplace for booking local services. services focuses onhome improvement, moving and cleaning. Armut lets consumers compare price quotes and choose best price for them and book appointments online. Based out Turkey and are operational in Turkey. Received an undisclosed Series A funding from Hummingbird Ventures
Key facts about Armut
- Founded Year: 2011
- Location: Istanbul (Turkey)
- Stage: Series A
- Total Funding till date: $3.2M
- Employee Count: 317 as on Jul 31, 2026
- Investors: Hummingbird Ventures, AddVenture and 1 Other
- Latest Funding Round: Series A, Jun 21, 2016, $*****
AddVenture's Year-on-Year Investment Trends
AddVenture has invested in 41 companies over the last 17 years, with an average of 2 new investments annually in the last 10 years. In 2025, it made 1 investment. Its most recent first time investment was in MetroSpeedy and most recent follow-on round was in Native Commerce.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 1 | 1 |
2024 | 0 | 0 | 0 |
2023 | 0 | 1 | 1 |
2022 | 0 | 0 | 0 |
2021 | 4 | 1 | 5 |
2020 | 1 | 2 | 3 |
2019 | 1 | 3 | 4 |
2018 | 3 | 3 | 6 |
2017 | 8 | 1 | 9 |
AddVenture's Investments by Stage
AddVenture has made 19 investments in Seed stage with an average round size of $1.64M and 13 investments in Series A stage with an average round size of $3.92M.Stage of entry | No. of Investments |
|---|---|
Seed | 19 |
Series A | 13 |
Note: We have considered here, only first round of investments
AddVenture's Investments by Sector
AddVenture has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Gig Economy, Food and Agriculture Tech and Retail. Notably, it has invested in 34 Tech companies, 24 Consumer (B2C) companies, 16 Software companies and at least 15 companies focusing on Enterprise (B2B).Sector | No. of Investments |
|---|---|
Consumer | 17 |
Enterprise Applications | 10 |
Gig Economy | 5 |
Food and Agriculture Tech | 4 |
Retail | 4 |
Others | 21 |
Note: We have considered here, only first round of investments
AddVenture's Investments by Geography
AddVenture has made most investments in Russia (12), followed by India where it has made 3 investments.Country | No. of Investments |
|---|---|
Russia | 12 |
India | 3 |
United States | 3 |
Australia | 2 |
South Korea | 2 |
Others | 10 |
Note: We have considered here, only first round of investments
AddVenture's recent investments
AddVenture has not made any investment in 2026 so far.Here are the most recent investments by AddVenture:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Apr 23, 2025 | United Kingdom | Seed | 8608 | [+4] | |
Sep 14, 2023 | United Kingdom | Seed | 2277 | [+2] | |
Sep 23, 2021 | United States | Seed | 2740 | [+4] | |
Sep 04, 2021 | India | Seed | 5642 | [+15] | |
Jul 09, 2021 | Germany | Series A | 8771 |
Acquired companies in AddVenture's Portfolio
5 companies from AddVenture's portfolio have been acquired. The most recent acquisition was ServiceMarket in Feb 2023 by Etisalat for $*****.Here are AddVenture's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Feb 15, 2023 | Sep 20, 2016 | Series A | 4292 | |
Aug 23, 2022 | 2011 | Seed | 8676 | |
Apr 13, 2021 | 2010 | Seed | 3681 | |
Oct 09, 2020 | Feb 11, 2015 | Series A | 4534 | |
Sep 30, 2016 | 2009 | Seed | 9761 |
Team profile of AddVenture
AddVenture has a team of 4 members including 4 Partners located in Cyprus, United Kingdom and 1 more location. AddVenture's team does not sit on the board of any company as of now.Here is a list of all team members in AddVenture:
Name | Designation | Location | Board Memberships | Contact Details |
|---|---|---|---|---|
Partner | Nicosia | - | - | |
Partner | Nicosia | - | ||
Partner | United Arab Emirates | - | ||
Partner | Ascot | - |
Co-investors of AddVenture
Over the past 17 years, 236 investors have co-invested in AddVenture's portfolio companies. This includes funds and angels.
- Invested before AddVenture: Ali Dayekh, Glowfish Capital and 18 others have invested in rounds before AddVenture. There is 1 company where Ali Dayekh has invested before AddVenture and 1 company where Glowfish Capital has invested before AddVenture.
- Top Co-investors of AddVenture: 105 investors entered a company along with AddVenture. These include investors like Strong Ventures (2 companies).
- Invested after AddVenture: A total of 111 investors have invested in AddVenture's portfolio after their investments. Top Investors include VNV Global (2 companies), Tidal (2 companies) and Cedar Mundi Ventures (1 company).
Recent News related to AddVenture
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British startup Jiffy, founded by Russian founders, raised the first $2.2 million after a pivotRusbase•Sep 15, 2023•I2BF Global Ventures, Somersault Ventures, AddVenture, LVL1 Group and 1 other
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Thai logistics startup banks $10m in series B moneyTech in Asia•Nov 17, 2021•Giztix, Bualuang Ventures, WHA Group, AddVenture and 1 other
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Russian-founded Jiffy raises $28 million to roll-out super fast food delivery service in the UKEast-West Digital News•Sep 27, 2021•Heartland, Baring Vostok, Flint Capital, TA Ventures and 4 others
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Last Mile Delivery Startup MetroSpeedy Closes $5 Million Seed FundingAiThority•Sep 24, 2021•MetroSpeedy, AddVenture, TMT Investments, TA Ventures and 4 others
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Russian maintenance service marketplace Wowworks raises $3.6 million to become a global majorEast-West Digital News•Jul 13, 2021•, AddVenture, , LVL1 Group
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Indonesian agritech platform TaniHub Group harvests a $65.5M Series B roundTechCrunch+•May 21, 2021•TaniHub, MDI Ventures, Openspace Ventures, Intudo Ventures and 10 others
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New Speedy Grocery Delivery Startup, Jiffy, Raises $3.6 MillionThe Spoon•Mar 17, 2021•LVL1 Group, AddVenture, TA Ventures, Native Commerce
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London’s Jiffy picks up £2.6M seed to enter the grocery dark store raceTechCrunch+•Mar 16, 2021•LVL1 Group, AddVenture, TA Ventures, Native Commerce
