Flint Capital (Flint Capital) is an international venture fund specializing in financing high-tech projects in the field of Internet technologies, media, as well as financial services, projects in the field of virtual and augmented reality .
| Flint capital | |
|---|---|
 | |
| Type of | Private company |
| Base | 2013 |
| Founders | Dmitry Smirnov, Oleg Seydak |
| Location |
 Israel : Tel Aviv |
| Parent company | Flint management |
| Site | flintcap.com |
It was founded on May 13, 2013 by partners of the Flint Management management company: Dmitry Smirnov and Oleg Seydak, formerly CEO and Managing Director Finam Global, respectively. Currently, the managing partner of the fund is Dmitry Smirnov.
Representatives of the fund characterize their main focus on promising, scalable projects focused on global developed and fast-growing markets [1] .
The investment geography of Flint Capital extends to the markets of Europe , the USA and Israel ; Offices are located in Tel Aviv , Berlin , Moscow , Boston and Palo Alto . To date, the volume of the Flint Capital I fund is $ 100 million [2] ; the Flint Captal II fund will amount to $ 100 million [3] ; the average check per transaction exceeds $ 1 million [4] .
Content
Investment Areas
Flint Capital has a diversified strategy for investments in the technology sector.
The main investment areas of Flint Capital are artificial intelligence and machine learning , augmented and virtual reality (AR, VR), digital marketing tools, FinTech , Internet of Things , telecommunications, cyber security and data storage, solutions in the field of big data analysis ( Big Data), other SaaS / PaaS .
Fund Portfolio
As of the beginning of 2017, 23 companies are in the Flint Capital portfolio [5] . The target share of the fund in portfolio companies is from 10 to 35% [6] with an average investment in one project of $ 0.5–3 million [7] .
Projects in the portfolio of the fund at the beginning of 2017:
- Any.do is a global mobile application for completing tasks from people to people.
- Appsee is an analytic platform for the behavioral analysis of mobile users. The Appsee platform allows you to collect and observe user behavior within the application in the format of video sessions.
- Blackmoon - the company acts as an intermediary between investors and microfinance organizations, helping the latter to receive additional funds for granting loans [8] .
- BrightInfo is a machine learning-based platform for teaser advertising on sites and applications. The system evaluates the behavior of the user on the site and shows him the most suitable content from the database.
- Creamfinance - the parent company of CreditOn, LendOn and CreditOne –– lending services operating in the territories of Latvia, the Czech Republic, Poland, Georgia and Slovakia. Creamfinance technology allows you to quickly assess risks, calculate and issue a short-term loan to customers [9] .
- CyberX - the platform provides comprehensive protection of the industrial Internet at large industrial facilities [10] .
- Epistema is a platform that analyzes big data based on human knowledge and machine learning [11] .
- Findo is a search engine that uses artificial intelligence technology to search for information in all user accounts [12] .
- JobToday is an application for the selection of low-skilled personnel in the retail and hospitality industries in the UK, Spain and France [13] .
- Mobee is a crowdsourcing platform for assessing the quality of services provided by retail companies through LBS using a mobile application [14] .
- OWHealth (The Flo app) is a service for tracking women’s menstrual cycles using neural network technology [15] .
- Platiza is an Internet service that offers users short-term loans from 1 to 15,000 rubles for a period of 1 day to a month to a bank card or Internet wallet [16] . Approximately 80% of loans are approved, as customers independently form a constant affordable limit and interest rate on the loan.
- PLYmedia is a mobile traffic procurement management platform with a forecasting module and Real Time Bidding [17] .
- Qbox is a module for full-text quick search on the Elasticsearch server in a cloud format on an external hosting [18] .
- SailPlay is a marketing automation platform that allows you to quickly launch your own loyalty program to motivate customers to make new purchases, invite friends and recommendations on social networks [19] .
- SMTDP is a photo recognition technology capable of distinguishing a real image from a modified one in a graphic editor [20] .
- Socure is a user identification system based on external data of social networks for security purposes [21] .
- SubPLY - a platform for adding captions and subtitles to videos, their decryption, including in real time.
- Virool - a platform for managing video advertising for advertisers, an aggregator of video advertising [22] .
- WalkMe - helps to create widgets for training users of financial, insurance, retail and other companies sites with complex ordering pages [23] .
- Webinar is a video conferencing service [24] .
- YouAppi is a platform for the effective purchase of mobile traffic in the form of application users with a focus on their behavior after downloading the application [25] .
- YouDO - service allows you to find artists to solve various problems in the domestic and business sphere. The company's source of income is a percentage of the order value and the sale of orders to contractors [26] . Works in Moscow and St. Petersburg [27] . Flint Capital first invested in the company in 2013. In the subsequent investment rounds, together with Flint Capital, Sistema Venture Capital, United Capital Partners participated [28] .
Fund outputs
- Lending Club is a global platform for borrowers and investors with a wide range of services and assessing the solvency of borrowers. The fund invested in the company in July 2014, and in December 2014 the IPO of the company on the New York Stock Exchange (NYSE) took place [29] .
- Blazemeter is a cloud - based platform for stress testing websites. A distributed network of servers allows you to generate a load of up to hundreds of thousands of users. The fund entered the company in December 2015 and was released in September 2016 [30] .
- MentAd is a marketing platform for determining the target audience and calculating ROI . The fund invested together with Titanium Investments in 2014. The total investment is $ 4.7 million [31] . In January 2017, both funds left the company [32] .
- MatchCo is a California-based startup that offers customers to determine their own face tone using a mobile application, and based on the data received, select an individual base for makeup. Flint Capital funded MatchCo in March 2015. The exit took place in January 2017 [33] .
Flint Capital Management [1]
- Dmitry Smirnov is a managing partner. An entrepreneur with over 10 years of project management experience [34] .
- Artem Burachenok is a partner.
- Andrey Gershfeld is a partner.
- Sergey Gribov is a partner.
- Levy Rise is a partner.
Fund Achievements
Flint Capital took third place in the ranking of the most active venture capital funds in Israel in 2014 [35] .
Flint Capital annually participates in the rating of the most active funds in Russia according to the Firrma portal: in 2014, the fund took first place [36] , in 2015 it took eighth place [37] , and in 2016 the fund rose in second place rating [38] .
Notes
- ↑ 1 2 Official Flint Capital website http://flintcap.com/
- ↑ Flint Capital has eased the portfolio http://www.kommersant.ru/doc/3095224 Kommersant (September 22, 2016)
- ↑ Flint Capital will launch a second $ 100 million fund , Firrma.ru . Date of treatment January 18, 2017.
- ↑ Rusbase: information on Flint Capital http://rusbase.vc/investor/view/flint-capital/
- ↑ Flint Capital → Venture Capital Investments . Flint Capital. Date of treatment January 18, 2017.
- ↑ Capital Flint: Ex-managers of Finam Global will engage in venture projects http://www.kommersant.ru/doc/2310560 Kommersant.ru (October 3, 2013)
- ↑ СrunchBase: information on Flint Capital http://www.crunchbase.com/financial-organization/flint-capital Crunchbase.com
- ↑ Ilya Perekopsky and Oleg Seydak engaged in non-bank lending | Rusbase (Rus.) , Rusbase . Date of treatment January 23, 2017.
- ↑ Sheets . Flint Capital invested 5 million euros in the Latvian Creamfinance (November 28, 2014). Date of treatment January 23, 2017.
- ↑ Sheets . Flint Capital invested $ 3 million in an Israeli startup on cybersecurity (August 2, 2016). Date of treatment January 23, 2017.
- ↑ Sheets . Flint Capital invested $ 1 million in an Israeli IT company (August 11, 2016). Date of treatment January 23, 2017.
- ↑ David Yang found the treasures of Flint capital // Kommersant newspaper. - 2016-07-13. - Vol. 124 . - S. 8 .
- ↑ Roman Rozhkov, Roman Rozhkov. Flint Capital entered the labor market // Kommersant newspaper. - 2016-10-11. - Vol. 208 . - S. 8 .
- ↑ Fund with Russian roots Flint Capital invested in Mobee service | Rusbase (Rus.) , Rusbase . Date of treatment January 23, 2017.
- ↑ Flint Capital and Haxus have invested $ 1 million in the menstrual cycle tracking service The Flo app , Firrma.ru . Date of treatment January 23, 2017.
- ↑ “In Russia, online microcredit is still very poorly developed, and the market is huge,” - Ilya Salomatov, Platiza.ru http://futurebanking.ru/post/2359 FutureBanking.ru (November 27, 2013)
- ↑ Flint Capital invested in the platform for managing advertising networks PLYMedia , Firrma.ru . Date of treatment January 23, 2017.
- ↑ Flint Capital invested in the American company Qbox , Firrma.ru . Date of treatment January 23, 2017.
- ↑ Flint Capital invested in the platform of “customer return” http://rusbase.vc/news/flint-capital-invest-sailplay/ Rusbase (April 3, 2014)
- ↑ Andrey Lapshin, Andrey Lapshin. Venture Vacuum Cleaner // Kommersant Secret Firms Magazine. - 2014-03-03. - Vol. 3 . - S. 78 .
- ↑ Sheets . Flint Capital invested $ 2.5 million in American startup Socure (December 14, 2016). Date of treatment January 23, 2017.
- ↑ Flint Capital invested $ 5 million in a project with Russian roots Virool | Rusbase (Rus.) , Rusbase . Date of treatment January 23, 2017.
- ↑ Flint Capital has invested $ 4 million in the American startup WalkMe , Firrma.ru . Date of treatment January 23, 2017.
- ↑ Maria Kolomyichenko, Maria Kolomyichenko. Webinar.ru got a conference call // Newspaper "Kommersant". - 2014-04-09. - Vol. 158 . - S. 9 .
- ↑ Flint Capital invested in the YouAppi mobile platform , Firrma.ru . Date of treatment January 23, 2017.
- ↑ Principles of Denis Kutergin, YouDo http://www.hopesandfears.com/hopesandfears/entrepreneurs/hf/122783-kutergin Hopes & Fears (October 2, 2013)
- ↑ The Russian service YouDo.com received $ 1 million for the development of the project http://www.towave.ru/news/rossiiskii-servis-youdocom-poluchil-1-mln-na-razvitie-proekta.html ToWave.ru (October 2, 2013 )
- ↑ YouDo.com consumer services ordering service raised $ 6.2 million , Firrma.ru . Date of treatment January 19, 2017.
- ↑ Flint Capital and Yuri Milner portfolio startup LendingClub went public IPO , Firrma.ru . Date of treatment January 19, 2017.
- ↑ Flint Capital left BlazeMeter startup , Firrma.ru . Date of treatment January 19, 2017.
- ↑ Flint Capital and Titanium Investments invested in the MentAd marketing platform , Firrma.ru . Date of treatment January 18, 2017.
- ↑ SocialCode buys predictive marketing co MentAd - Globes English (Hebrew) . Globes Date of treatment January 18, 2017.
- ↑ Flint Capital has left the American startup MatchCo , Firrma.ru . Date of treatment January 19, 2017.
- ↑ Dmitry Smirnov - about the person | Rusbase . Rusbase. Date of treatment January 23, 2017.
- ↑ Most Active Funds . www.ivc-online.com. Date of treatment January 26, 2017.
- ↑ Top of the most active funds in Russia in 2014 , Firrma.ru . Date of treatment January 26, 2017.
- ↑ Rating of venture capital funds 2015 , Firrma.ru . Date of treatment January 26, 2017.
- ↑ Rating of venture capital funds in 2016 , Firrma.ru . Date of treatment January 26, 2017.
Links
- Official Flint Capital website h tp: // flint ap.com/
- F. lint Capital on LinkedIn http://www.linkedin.com/company/flintcapital
- Flint Capital on Facebook https://www.facebook.com/flintcapital
- Flint Capital at CrunchBase http://www.crunchbase.com/financial-organization/flint-capital
- Flint Capital on Rusbase http://rusbase.vc/investor/view/flint-capital/
- The official website of the management company Flint Management http://flint.vc/
- Interview with Dmitry Smirnov, Founder and Managing Partner of Flint Capital, on Point G channel https://youtu.be/AlXv3AVakk8