The Internet Initiatives Development Fund (IDIF) invests 5 million rubles each in seven startups from its 19th set of accelerators. A representative of the IIDF told RB.RU.

IIDF invests 35 million rubles in seven startups of its accelerator

Therefore, the total investment amount will be 35 million rubles. The IIDF will invest 5 million rubles in six startups in exchange for a 7% stake in the business, another team will receive 5 million rubles for 5% of the business.

The valuation of six of the funded companies exceeds 71.4 million rubles and one of 100 million rubles.

Who will receive pre-launch investments from IIDF:

  • SalesAI (Moscow) is a call quality monitoring service using artificial intelligence. The neural network will analyze each call, flag errors, collect statistics, summarize, and populate each cell in checklists and CRMs.
  • Stylebox (Moscow) is an online clothing selection service from a stylist with home delivery.
  • ServiceGuru (Moscow) is a mobile training platform for small and medium-sized businesses, for those companies that need adaptation and training of a large number of line personnel.
  • Finaks (Moscow) is a bank guarantee aggregator and banking products platform based on the white label model. IIDF invests in this project in exchange for a 5% stake.
  • SuperApp (Izhevsk, no website) – aggregator of child and animal care services.
  • Art Gluck Education (St. Petersburg) is a subscription-based online design and architecture school.
  • Jaky (Moscow) is a service for creating websites and digital ecosystems designed for car service stations.

When choosing companies for investment, the IIDF focuses on the following criteria: IT sector (software, hardware, web, mobile), there is a finished product and there are customers, a proven business model with recurring revenues of 5 million rubles per year, company is registered in Russia, at least 25% of the companies are owned by Russian citizens.

Author:

Anastasia Marina

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.

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