AddVentures
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.
Investments
| Company | Date | Stage | Lead |
|---|---|---|---|
| M2X Energy | Jun 2024 | Series B | Co-investor |
| Bizongo | Dec 2021 | Series D | Co-investor |
| Bizongo | Apr 2021 | Series C | - |
| Validus | May 2020 | Series B Extension | - |
| Validus | Feb 2019 | Series B | Co-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.