# AddVenture

> AddVenture is a VC fund in Moscow backing Internet and E-Commerce. See 55 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Moscow, Russian Federation
- Total investments: 55
- Last investment: Apr 2025
- Lead investor: 55%
- Fund size: $65M
- Last fund: Jan 2016
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company-beta/13227363/
- X (Twitter): http://twitter.com/addventure
- Website: http://addventure.vc
- Facebook: http://www.facebook.com/addventurefund

AddVenture is an international venture capital fund, with a fund investment range from $0,3–5M.

## Contacts

5 contacts available for AddVenture. Shizune tracks 5 team members at AddVenture. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/addventure?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $300k–$3.6M |
| Series A | $1M–$8M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Internet | 9 | 16% |
| E-Commerce | 9 | 16% |
| Software | 5 | 9% |
| Mobile | 4 | 7% |
| Marketplace | 4 | 7% |

66 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 16 | 29% |
| Seed | 12 | 22% |
| Funding Round | 11 | 20% |
| Series B | 9 | 16% |
| Series C | 3 | 5% |

8 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Russian Federation | 17 | 31% |
| United States | 5 | 9% |
| Spain | 2 | 4% |
| Turkey | 2 | 4% |
| South Korea | 2 | 4% |

10 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Evgeny Kotov | Portfolio Manager | 0 | https://shizune.co/investors/profile/evgeny-kotov |
| Max Medvedev | Managing Partner | 5 | https://shizune.co/investors/profile/max-medvedev |
| Mikhail Erenburg | Managing Partner | 0 | https://shizune.co/investors/profile/mikhail-erenburg |
| Nikita Gerts | Principal | 2 | https://shizune.co/investors/profile/nikita-hertz-64ed |
| Pavel Terentiev | Managing Partner | 0 | https://shizune.co/investors/profile/pavel-terentiev |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Native Commerce | Native Commerce is a world-class retail & logistics platform designed to help modern retailers operate, scale, and deliver exceptional customer experiences, all from one connected system.Built by experienced operators who’ve run retail at scale, the platform unites eCommerce, warehouse management, and delivery into a single ecosystem that’sfast to deploy, easy to run, and proven to grow with your business.With deep expertise spanning retail operations, technology, and eCommerce strategy, Native Commerce helps brands turn complex operations into a competitive advantage.Trusted by leading brands including Carrefour, CityDrinks, Circle K, Heimkaup, and Cerise, Native Commerce powers retail operations across the UK, Europe, and the Middle East, and is expanding into emerging markets worldwide. | $2.2M | Seed | Apr 23, 2025 |  |
| Native Commerce | Native Commerce is a world-class retail & logistics platform designed to help modern retailers operate, scale, and deliver exceptional customer experiences, all from one connected system.Built by experienced operators who’ve run retail at scale, the platform unites eCommerce, warehouse management, and delivery into a single ecosystem that’sfast to deploy, easy to run, and proven to grow with your business.With deep expertise spanning retail operations, technology, and eCommerce strategy, Native Commerce helps brands turn complex operations into a competitive advantage.Trusted by leading brands including Carrefour, CityDrinks, Circle K, Heimkaup, and Cerise, Native Commerce powers retail operations across the UK, Europe, and the Middle East, and is expanding into emerging markets worldwide. | $2.2M |  | Sep 14, 2023 |  |
| Armut | Armut is the leading local services marketplace in Turkey, focusing on home improvement, moving and cleaning. | $15M | Private Equity | Sep 07, 2022 |  |
| Borzo | Borzo is a global delivery service that enables intracity same-day delivery. Our algorithms optimize numerous parallel deliveries taking into account the geographical routes, packages’ contents, couriers and many others to ensure the feasibility of the same-day delivery. The services are available in 10 countries including Brazil, India, Indonesia,Korea, Malaysia, Mexico, the Philippines, Russia, Turkey and Vietnam and are used by 3 million customers ranging from SMEs to enterprises. | $35M | Series C | Aug 30, 2021 |  |
| MetroSpeedy | MetroSpeedy is a leading technology based local delivery company providing on-demand, same day or scheduled delivery services. | $5M | Seed | Jul 23, 2021 |  |
| Native Commerce | Native Commerce is a world-class retail & logistics platform designed to help modern retailers operate, scale, and deliver exceptional customer experiences, all from one connected system.Built by experienced operators who’ve run retail at scale, the platform unites eCommerce, warehouse management, and delivery into a single ecosystem that’sfast to deploy, easy to run, and proven to grow with your business.With deep expertise spanning retail operations, technology, and eCommerce strategy, Native Commerce helps brands turn complex operations into a competitive advantage.Trusted by leading brands including Carrefour, CityDrinks, Circle K, Heimkaup, and Cerise, Native Commerce powers retail operations across the UK, Europe, and the Middle East, and is expanding into emerging markets worldwide. | $3.6M | Seed | Mar 16, 2021 |  |
| wowworks | Service that allows federal retail companies to support operating processes in their stores by finding local employees. | $3.6M | Seed | Mar 01, 2021 |  |
| ByNext | ByNext is an omni-channel and omni-service single source solution company for customers' home service needs.The company brings the cleaning in-house to ensure the highest quality of service, and become more than just a home delivery service, but a true omni-channel service that can help customers wherever they are. In 2014 Cleanly was foundedto help busy professionals get their laundry and dry cleaning delivered at the tap of a button. NextCleaners grew into one of the largest dry cleaners in NYC. In 2020, Cleanly & NextCleaners merged to form the combined company, ByNext. | $2.5M | Convertible Note | Sep 01, 2020 |  |
| Qonversion | The subscription data platform for mobile-first companies. Cross-platform subscription infrastructure, revenue analytics, engagement automation, and integrations all in one place to help you grow your app faster. | $850K | Pre-Seed | Aug 14, 2020 |  |
| BestDoctor | BestDoctor is a healthcare company that creates tech insurance products for people and for businesses. Among insurtech companies in Europe it has the 2nd highest number of users. Within 4 years, the company has become a strong player in the b2b-market through innovations in risk management, customer-centric product development and digital medicalservice.Every day, our doctors perform more than 30 telemedicine consultations, and more than 200 insured users are treated in partner clinics across the country. So our smart algorithm records and processes this data to optimize risks and prices.More than 100 corporate clients from IT, retail, pharmaceuticals, travel, media and other industries are already using our solution.Due to this, in 2019 BestDoctor was included in the world ranking of “Top 17 Health Insurance Startups”. | $4.5M | Series B | Jul 21, 2020 |  |

10 of 55 investments shown.

## Co-investors
- [LVL1 Group](https://shizune.co/investors/profile/lvl1-group) — VC Fund, 6 deals together
- [Flashpoint](https://shizune.co/investors/profile/flashpointvc) — VC Fund, 4 deals together
- [Hummingbird Ventures](https://shizune.co/investors/profile/hummingbird-ventures) — VC Fund, 3 deals together
- [Primer](https://shizune.co/investors/profile/primer) — VC Fund, 3 deals together
- [Strong Ventures](https://shizune.co/investors/profile/strong-ventures) — VC Fund, 3 deals together
- [Target Global](https://shizune.co/investors/profile/target-ventures) — VC Fund, 3 deals together

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## FAQ

### What does AddVenture invest in?

AddVenture invests primarily in Internet, E-Commerce and Software startups, most often at Series A and Seed stage. Most of the 55 investments tracked by Shizune back companies in Russian Federation. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is AddVenture's check size?

AddVenture typically joins rounds of $300k–$3.6M at Seed and $1M–$8M at Series A. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds AddVenture participates in.

### How do I contact AddVenture?

Public channels for AddVenture include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.

### Who are the partners at AddVenture?

The team at AddVenture includes Evgeny Kotov (Portfolio Manager), Max Medvedev (Managing Partner) and Mikhail Erenburg (Managing Partner). The Team section lists each member with their title, investment count and links.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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