About iTech Capital
iTech Capital is a venture capital firm founded in 2010. It is primarily based out of Riga, Latvia. As of Aug 2021, iTech Capital has invested in 17 companies. It primarily invests in Series A round in Russia based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Series C round of Aviasales Overall, iTech Capital portfolio has seen 2 unicorns and 3 acquisitions including key companies like TradingView, Bitfury and Ecwid. A lot of funds co-invest with iTech Capital, with names like Skolkovo Ventures sharing a substantial percentage of its portfolio. iTech Capital has team of 7 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Series A, Series B & 1 more
Portfolio Unicorns
Portfolio Soonicorns
iTech Capital's List of Top Investments
iTech Capital has a portfolio of 17 companies, including 2 unicorns. Their most notable investments are in Maximum Education and Roistat.Their portfolio spans across Russia, United States, Cyprus and 3 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 10 other sectors, across stages such as Series A, Series B and 1 more. Here is the list of top investments by iTech Capital:1. TradingView
Financial platform for charting markets, analyzing assets, and sharing trading ideas. It provides advanced charting tools, real-time market data, and technical indicators that allow users to analyze global financial markets such as stocks, cryptocurrencies, forex, indices, and commodities. In addition to analytics, it includes a large community where traders share strategies, insights, and market ideas. It also supports alerts, screeners, and brokerage integrations, enabling users to move from market research to execution in one ecosystem.
Key facts about TradingView
- Founded Year: 2011
- Location: New York City (United States)
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $339M
- Employee Count: 2,750 as on May 31, 2026
- Investors: Akkadian Ventures, Tiger Global Management and 14 Others
- Latest Funding Round: Series C, Oct 14, 2021, $*****
- Highlight: Editors' Pick
2. Bitfury
AI and blockchain-based platform offering cryptocurrency mining solutions. It provides users with a blockchain technology company that provides infrastructure products and services to power the Web 3.0 ecosystem, making digital assets safe. It also develops and sells ASICs, PCBs, boards, servers, and data centres for mining Bitcoin. It also offers blockchain-as-a-service for government integration, a Bitcoin payment portfolio, blockchain-based solutions for the music industry, and a web-based software tool for law enforcement in blockchain applications.
Key facts about Bitfury
- Founded Year: 2011
- Location: Amsterdam (Netherlands)
- Valuation: $*****
- Stage: Series D
- Total Funding till date: $181M
- Employee Count: 88 as on May 31, 2026
- Investors: Lian Group, Tian Tian Ventures and 38 Others
- Latest Funding Round: Series D, Nov 06, 2018, $*****
- Highlight: Editors' Pick
3. Aviasales
App-based meta-search platform for booking travel services including flight tickets & hotel accommodations. Travelers can find, compare & book travel services from multiple travel booking websites. Their app is available for iOS & Android devices.
Key facts about Aviasales
- Founded Year: 2007
- Location: Thailand
- Stage: Series C
- Total Funding till date: $43M
- Employee Count: 576 as on Mar 31, 2026
- Investors: Elbrus Capital, JointJourney and 2 Others
- Latest Funding Round: Series C, Aug 04, 2021, $*****
- Highlight: Editors' Pick
4. Ecwid
Provider of platform enabling users to create and manage online stores. The platform offers tools for website integration, marketing automation, and store management. It facilitates sales across multiple channels, including websites, social media, and marketplaces. The platform also provides features for payment processing, shipping, and tax calculation.
Key facts about Ecwid
- Founded Year: 2009
- Location: Encinitas (United States)
- Stage: Acquired
- Total Funding till date: $48.5M
- Employee Count: 150 as on May 31, 2026
- Investors: PeakSpan Capital, Morgan Stanley and 2 Others
- Latest Funding Round: Series C, May 21, 2020, $*****
- Highlight: Acquired
Maximum Education is an offline and online educational provider of test preparation services. Focused on the preparation of Russian standardized school exams such as OGE (9th-grade exam) and EGE (11th-grade exam). Students can use the online learning platform for reading the theory, practicing problems, seeking help from teachers and more. Parents can also monitor the academic progress. The offline learning centers are present in 4 cities in Russia as of May 2016.
Key facts about Maximum Education
iTech Capital's Year-on-Year Investment Trends
iTech Capital has invested in 17 companies over the last 13 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in Aviasales and most recent follow-on round was in Bitfury.Year | No. of Investments | ||
|---|---|---|---|
1st Round | Follow-on | Total | |
2026 (YTD) | 0 | 0 | 0 |
2025 | 0 | 0 | 0 |
2024 | 0 | 0 | 0 |
2023 | 0 | 0 | 0 |
2022 | 0 | 0 | 0 |
2021 | 1 | 0 | 1 |
2020 | 0 | 0 | 0 |
2019 | 2 | 0 | 2 |
2018 | 1 | 2 | 3 |
iTech Capital's Investments by Stage
iTech Capital has made 7 investments in Series A stage with an average round size of $4.62M, 3 investments in Series B stage with an average round size of $10.6M and 1 investment in Series C stage with an average round size of $43M.Stage of entry | No. of Investments |
|---|---|
Series A | 7 |
Series B | 3 |
Series C | 1 |
Note: We have considered here, only first round of investments
iTech Capital's Investments by Sector
iTech Capital has a diverse portfolio, with companies operating in the Enterprise Applications, Consumer, Business Services, FinTech and Blockchain - Industry Applications. Notably, it has invested in 12 Tech companies, 8 Enterprise (B2B) companies, 7 Consumer (B2C) companies and at least 6 companies focusing on Software.Sector | No. of Investments |
|---|---|
Enterprise Applications | 5 |
Consumer | 3 |
Business Services | 2 |
FinTech | 2 |
Blockchain - Industry Applications | 1 |
Others | 9 |
Note: We have considered here, only first round of investments
iTech Capital's Investments by Geography
iTech Capital has made most investments in Russia (7), followed by United States where it has made 3 investments.Country | No. of Investments |
|---|---|
Russia | 7 |
United States | 3 |
Netherlands | 1 |
Thailand | 1 |
Note: We have considered here, only first round of investments
iTech Capital's recent investments
iTech Capital has not made any investment in 2026 so far.Here are the most recent investments by iTech Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Aug 04, 2021 | Thailand | Series C | 7980 | [+1] | |
Jul 24, 2019 | Russia | Series B | 5199 | [+2] | |
Feb 05, 2019 | Russia | Series A | 5069 | ||
Nov 06, 2018 | Netherlands | Series D | 8625 | [+9] | |
Apr 03, 2018 | Russia | Series A | 7468 | - |
Unicorns in iTech Capital's Portfolio
iTech Capital has 2 unicorns in its portfolio - TradingView and Bitfury. The most recent unicorn in their portfolio is TradingView. It became a unicorn in 2021, 6 years after iTech Capital first invested in it.Here is a list of unicorns in iTech Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
74 | Financial platform for charting markets, analyzing assets, and sharing trading ideas | 2011 | New York City | Series C | slztsoh | ||
71 | AI and blockchain-based platform offering cryptocurrency mining solutions | 2011 | Amsterdam | Series D | bfagwmi |
Acquired companies in iTech Capital's Portfolio
3 companies from iTech Capital's portfolio have been acquired. The most recent acquisition was RealWeb in Dec 2022 by QIWI for $*****.Here are iTech Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 12, 2022 | - | - | 6331 | |
Jun 07, 2021 | May 28, 2014 | Series B | 3042 | |
Feb 19, 2018 | Dec 04, 2013 | Series A | 4479 |
Team profile of iTech Capital
iTech Capital has a team of 7 members including 1 Partner and 1 Principal located in United Arab Emirates and Cyprus. iTech Capital's team does not sit on the board of any company as of now.Co-investors of iTech Capital
Over the past 13 years, 36 investors have co-invested in iTech Capital's portfolio companies. This includes funds and angels.
- Invested before iTech Capital: Techstars, IrishAngels and 13 others have invested in rounds before iTech Capital. There is 1 company where Techstars has invested before iTech Capital and 1 company where IrishAngels has invested before iTech Capital.
- Top Co-investors of iTech Capital: 4 investors entered a company along with iTech Capital. These include investors like Skolkovo Ventures (2 companies).
- Invested after iTech Capital: A total of 17 investors have invested in iTech Capital's portfolio after their investments. Top Investors include Tiger Global Management (1 company), Insight Partners (1 company) and Jump Capital (1 company).
Recent News related to iTech Capital
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Bryan, Garnier & Co Leads a $80 Million Private Placement for European Blockchain Unicorn BitfuryBusiness Wire•Nov 06, 2018•Bitfury, Korelya Capital, NAVER, Macquarie and 8 others
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Ukrainian mobile marketing startup Clickky lands $2M for global expansion | VentureBeatVentureBeat•May 02, 2015•Clickky, iTech Capital
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iTech Capital invests USD2 million in mobile app marketing platform Clickky | Private Equity WirePrivate Equity Wire•Apr 30, 2015•Clickky, iTech Capital
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iTech Capital invests $2 million in UkrainianEast-West Digital News•Apr 29, 2015•iTech Capital, Clickky
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Russian SEO platform SEO Pult raises $10 million to expand internationallyGoalEuropeGoalEurope•Jul 31, 2012•Seopult, iTech Capital
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