About Ultimate Capital
Ultimate Capital is a venture capital firm founded in 2018. It is primarily based out of Moscow, Russia. It primarily invests in Russia based startups. Its investments are spread across a wide range of sectors from Retail to High Tech and Enterprise Applications. Overall, Ultimate Capital portfolio has seen 1 acquisition, namely Skillbox. Ultimate Capital has team of 6 people including 2 partners.Key Metrics
Team Members
Portfolio Locations
Portfolio Acquisitions
Portfolio Soonicorns
Ultimate Capital's List of Top Investments
Ultimate Capital has a portfolio of 8 companies. Their most notable investments include BeMyEye and Whoosh.Their portfolio spans across Russia, United Kingdom and United States. They have invested in Retail, High Tech, Enterprise Applications and 10 other sectors. Here is the list of top investments by Ultimate Capital:
1. BeMyEye
BeMyEye is a Provider of analysis solutions for businesses. The solution tracks the store execution metrics, such as shelf data, promotional compliance, peak trading out of stock, and brand recommendation. The company uses neural-network Image Recognition technologies to analyze the data. Its clients include Nestle, PepsiCo, Ferrero, Samsung, Heineken, and more.
Key facts about BeMyEye
- Founded Year: 2011
- Location: London (United Kingdom)
- Annual Revenue: £1M - £10M as on Dec 31, 2021
- Valuation: $*****
- Stage: Series C
- Total Funding till date: $44.6M
- Employee Count: 74 as on Jul 31, 2026
- Investors: Kreos Capital, 360 Capital Partners and 35 Others
- Latest Funding Round: Series C, Nov 21, 2017, $*****
- Highlight: Editors' Pick
2. Whoosh
Whoosh is an app-based electric kick-scooter rental service operating in select Russian locations. The app enables users to locate an available bike in their vicinity and unlock/lock it by scanning its QR code to start a ride. Users are free to park the vehicle at any legal parking space at the end of their rental (free-float). Its mobile app is available for iOS and Android devices.
Key facts about Whoosh
- Founded Year: 2018
- Location: Moscow (Russia)
- Stage: Funding Raised
- Employee Count: 53 as on Jul 31, 2026
- Investors: Ultimate Capital
- Highlight: Editors' Pick

3. Skillbox
Online platform providing skill development courses for professionals. It provides courses such as cybersecurity, web layout, Instagram promotion, java development, SQL for data analysis, and many more. It also enables searching for jobs such as web designer, python developer, 3D generalist, and many more.
Key facts about Skillbox
- Founded Year: 2003
- Location: Moscow (Russia)
- Last Known Valuation: $*****
- Stage: Acquired
- Employee Count: 921 as on Jul 31, 2026
- Investors: Ultimate Capital
- Highlight: Acquired
4. XYZ School
Online learning platform. It provides courses for learning various topics including 3D modeling, Game design, 2D illustration, Programming, Management, Video and special effects.
Key facts about XYZ School
- Founded Year: 2019
- Location: Moscow (Russia)
- Stage: Funding Raised
- Employee Count: 61 as on May 31, 2026
- Investors: Vershina Capital and Ultimate Capital
5. Psychodemia
Online platform providing psychology-related learning solutions. The platform offers online courses & video-based courses on art therapy, clinical psychology, sexual therapy, and more.
Key facts about Psychodemia
- Founded Year: 2016
- Location: Moscow (Russia)
- Stage: Funding Raised
- Employee Count: 28 as on Jul 31, 2026
- Investors: Vershina Capital and Ultimate Capital
Acquired companies in Ultimate Capital's Portfolio
1 company from Ultimate Capital's portfolio has been acquired. The most recent acquisition was Skillbox in Dec 2019 by Mail.Ru for $*****.Here are Ultimate Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Dec 24, 2019 | - | - | 1776 |
