Vyacheslav Turpanov and Sergey Bruev relaunched the Friendly VC venture fund in a new format. Whereas he previously invested money from a large LP, he now raises money from smaller investors who are offered signups for deals.
Entrepreneurs Vyacheslav Turpanov and Sergey Bruev relaunched the Friendly VC venture fund, which they founded. The founders themselves told RB.RU about it.
Friendly VC was originally formed in 2022 and invested funds from a single LP. “This story has been completed, a series of transactions have been completed,” said Sergei Bruev.
Now the fund is formed with private money from small investors with a check of 5 million rubles. Investors are offered a subscription to between 5 and 10 upcoming offerings.
“This is a more operationally complex model, but it seems that we have found a structure in Russian legislation that allows us to manage even such small investor controls,” Bruev noted.
Friendly VC invests in technology companies with a finished product and revenue of 30 million rubles or a turnover of more than 100 million rubles. Rounds: late seed, seed, AA/BB rounds, also the condition is that the company grows 30% year-on-year before the investment round, as well as the potential to pay dividends.
Since October 24, Friendly VC accepts investors and signs contracts, Turpanov said.
Venture capitalist Sergey Bruev is the managing partner of Sailing Startup VC Fund (foreign portfolio), previously he was managing partner of Lighthouse Legal.
Business angel Vyacheslav Turpanov is the founder of the Razvedka VC community and co-founder of the international club Prosto VC.
Author:
Kirill Bilyk
Source: RB
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