AddVentures

AddVentures

Limassol, Limassol District (Leymasun)addventure.vc

Overview

AddVenture is an international venture capital fund distinguished by its sector-focused strategy, primarily investing in the Home & Local Services sector with a range from $1 to $20 million per investment. Their investment thesis centers on two primary areas: horizontal marketplaces that connect freelancers with job opportunities in home and local services, as well as SaaS solutions for workforce management. Additionally, AddVenture seeks to support vertically integrated service providers that offer trusted brands in sectors such as cleaning, beauty, storage, laundry & dry-cleaning, and legal services. They aim to back companies that ensure quality control and seamless service delivery, enhancing customer trust and satisfaction in these essential service sectors.

Year Founded

2008

AUM

$120M

Portfolio Companies

4

Investments

CompanyDateStageLead
M2X EnergyJun 2024Series BCo-investor
BizongoDec 2021Series DCo-investor
BizongoApr 2021Series C-
ValidusMay 2020Series B Extension-
ValidusFeb 2019Series BCo-investor

Key People

Max Medvedev

Founder, Managing Partner

Mikhail Erenburg

Managing Partner

Pavel Terentev

Partner

Sector & Stage Mix

Industry, funding stage, and valuation band breakdowns.

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SeedSeries ASeries BGrowth

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Investment Activity

Yearly cadence, pace, and funding raised over time.

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2021
2022
2023
2024
2025
2026

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Firmographic Details

HeadquartersLimassol, Limassol District (Leymasun)
Year Founded2008
AUM$120M

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