Runa Capital's Investment Portfolio and Exit Success Stories

Runa Capital's investment portfolio boasts a diverse range of companies across various sectors, including fintech, AI, and cybersecurity.

One notable example is their investment in Feedzai, a fintech company that uses AI to prevent financial crimes. They also invested in Taxify, a ride-hailing company that was later acquired by Didi Chuxing.

Runa Capital's portfolio includes companies like Feedzai, which has raised over $200 million in funding, and Taxify, which was acquired for over $6 billion.

Their investment in Feedzai has yielded significant returns, with the company's valuation increasing by over 10 times since Runa Capital's initial investment.

Runa Capital was founded by Serg Bell, Ilya Zubarev, and Dmitry Chikhachev in 2010, after the idea took shape in 2009. They contributed their own money into the first fund and raised capital from friends and other international investors.

The firm's first fund, Runa Capital I, was launched in 2010 and reached a final size of $135 million by 2012. The second fund, Runa Capital II, was launched in 2014 and reached $135 million by 2016. Runa Capital III exceeded its target sum and reached $157 million in May 2020.

Here's a brief overview of the funds launched by Runa Capital:

Runa Capital was founded in 2010 by technological entrepreneurs Serg Bell, Ilya Zubarev, and Dmitry Chikhachev, who contributed their own money to the first fund.

The idea of the venture firm took shape in 2009, and it was formally incorporated in 2010 with the help of international investors including Achim Weiss and Andreas Gauger, founders of German hosting provider 1&1.

Andre Bliznyuk joined Runa Capital as a General Partner in 2011, bringing his expertise to the firm.

In 2022, the firm promoted Konstantin Vinogradov and Michael Fanfant to general partners, focusing on Europe and the U.S., respectively.

Serg Bell ceased his involvement in Runa Capital and resigned as a general partner in 2023.

Runa Capital operated the Runa Open Source Startup (ROSS) Index since 2020, a quarterly ranking of the 20 fastest-growing open-source software startups.

Runa Capital has been actively investing in startups since 2010, with their first fund, Runa Capital I, reaching a final size of $135 million by 2012.

The firm's investment strategy has evolved over the years, expanding from focusing on Eastern European startups to investing in Europe and the USA.

Runa Capital II was launched in 2014, reaching $135 million by 2016, with a focus on Series A and B rounds.

The firm's third fund, Runa Capital III, exceeded its target sum of $135 million, reaching $157 million in May 2020, with a focus on deep tech and quantum computing startups.

Here's a brief overview of Runa Capital's fund history:

Runa Capital also has affiliated funds, such as the $30 million Quantum Wave Fund (Qwave), established in 2012, focused on startups in the field of quantum technology.

In 2019, Runa Capital became a limited partner in the second fund of crypto-focused venture firm 1confirmation.

Runa Capital has made investments ranging from $1 million to $10 million, primarily in Series A rounds. The firm has invested in over 100 companies across North America and Europe.

From the data, we can see that some of these investments have led to successful exits. For example, Runa Capital invested $10 million in Nginx in 2011, and the company was acquired by F5 for an undisclosed amount in 2019.

Here are some notable investments and exits made by Runa Capital:

These exits demonstrate the potential for successful returns on investment through Runa Capital's strategic funding decisions.

Runa Capital invests in a wide range of companies, with investments ranging from $1 million to $10 million, often in Series A rounds. This investment strategy has allowed the firm to back over 100 companies since 2010.

The majority of these investments are split equally between North America and Europe. This geographic balance suggests that Runa Capital is actively seeking out innovative startups on both sides of the Atlantic.

Some notable investments include Nginx, an open-source web server, and Mambu, a SaaS banking platform. These companies have shown significant growth and potential for disruption in their respective industries.

Runa Capital has also invested in social learning network Brainly and experience relationship management platform Anyroad. These investments highlight the firm's interest in education and customer experience technologies.

Here's a breakdown of some of Runa Capital's investments:

These investments demonstrate Runa Capital's commitment to supporting innovative companies across various industries.

Runa Capital has had a significant number of portfolio exits, with a total of 26. This is a notable milestone for the company.

Their latest portfolio exit was an asset sale of Spectrm on December 23, 2024, with a valuation of $XXM. The buyer was charles.

Runa Capital has also had several other notable exits, including the acquisition of Uploadcare by Tiugo Technologies on January 16, 2024, with a valuation of $XXM.

Enable Us was acquired by Mindtickle on May 2, 2023, also with a valuation of $XXM.

In addition to these exits, Runa Capital has had a corporate majority exit on March 1, 2023, and a reverse merger on December 19, 2022. However, the details of these exits are not publicly available due to subscription requirements.

Here are some of the key details of Runa Capital's portfolio exits:

Runa Capital has been making strategic moves to expand its portfolio. They acquired Kontomatikon in September 2020.

Their acquisition process is a notable aspect of their business strategy. Runa Capital's acquisition of Kontomatikon was a significant one, with a valuation of $XXM.

This acquisition demonstrates Runa Capital's commitment to growing its portfolio through strategic investments.

At Runa Capital, they have a strong team that includes experienced professionals from various fields. The team is led by Max d'Hauteville, a seasoned entrepreneur and investor.

Their investment team has a deep understanding of the technology and startup ecosystem, with expertise in areas such as artificial intelligence, fintech, and cybersecurity. They use this knowledge to identify and support innovative companies.

Runa Capital also partners with other organizations to amplify their impact and provide more value to their portfolio companies.

The team behind Runa Capital is impressive, with a total of 10 members.

Dmitry Chikhachev is a key figure, serving as both the Founder and Managing Partner.

Sydecar, a platform that simplifies venture fund and syndicate management, recently closed an oversubscribed $11 million Series A funding round.

The funding was led by Deciens Capital, a venture capital firm that supports early-stage founders building the next generation of financial services.

Sydecar has raised over $28 million since being founded, including $8.3 million in seed funding in April 2022.

This funding will be used to expand the company's product suite, reach new customers, and scale distribution through new channel partners.

Sydecar's platform streamlines everything from investor management to deal tracking and communications, helping syndicates and funds operate with precision and efficiency.

The company has doubled year-over-year revenue for the past two years and surpassed $1.6 billion in assets under administration.

Sydecar's CEO, Nik Talreja, says this financing highlights the company's success in the venture asset class and its commitment to delivering best-in-class products and experiences.

Deciens Capital's Partner, Vishal Rana, is a happy customer and investor, praising Sydecar's technology and standards for delivering an incredible value proposition for deal organizers.

Runa Capital has a team of decision makers, including Christopher Spillane, who are involved in the investment process. They primarily invest in early-stage technology companies.

Their investment strategy focuses on sectors such as deep tech, cloud business applications, fintech, edtech, and more. They're particularly interested in startups that leverage machine intelligence, middleware, open source technologies, and mixed reality.

Runa Capital specializes in investing at the early stages, specifically Round A and Round B funding. They aim to support startups that are in their initial growth phases.

Their team has deep expertise in various sectors, which they leverage to assist companies in navigating challenges and accelerating growth.