# Balaclava Lab

> Balaclava Lab is a VC fund in Riga backing Software and Dating. See 2 investments, check sizes, portfolio and contact details. Updated Sep 2026.

- Type: VC Fund
- Location: Riga, Latvia
- Total investments: 2
- Last investment: Apr 2017
- Lead investor: 50%
- Last updated: Sep 2026
- LinkedIn: https://www.linkedin.com/company/balaclava-lab
- Website: https://x.com/balaclavalab
- Facebook: https://www.facebook.com/Balaclava-Lab-820528291426141/

Balaclava Lab is a venture capital firm that invests in start-up companies that operates in the internet technology sector. Mark Terebin established the firm in Riga, Riga in 2015.

## Contacts

5 contacts available for Balaclava Lab. Shizune tracks 1 team members at Balaclava Lab. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/balaclava-lab?utm_source=investor_profile

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 2 | 100% |
| Dating | 1 | 50% |
| Social | 1 | 50% |
| Content | 1 | 50% |
| Mobile Apps | 1 | 50% |

7 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 1 | 50% |
| Venture - Series Unknown | 1 | 50% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Latvia | 1 | 50% |
| United States | 1 | 50% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Mark Terebin | Co-Founder | 1 | https://shizune.co/investors/profile/mark-terebin |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Arbitrum | Arbitrum is a commercial content moderation company that provides the best solution of user generated image, video, and text content moderation which combines automation and human resources. | $500K | Venture - Series Unknown | Apr 10, 2017 | http://www.arbitrum.com/ |
| mint.me | Mint is pitched as a location-based mobile dating app that helps you meet with people nearby. Its modus operandi is similar to Tinder but with one exception: users don’t need a mutual match to start messaging. Instead, the app allows for a more traditional free-for-all. | $1M | Seed | Mar 17, 2016 | https://mint.me/ |

2 of 2 investments shown.

## Similar investors

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## FAQ

### What does Balaclava Lab invest in?

Balaclava Lab invests primarily in Software, Dating and Social startups, most often at Seed and Venture - Series Unknown stage. Most of the 2 investments tracked by Shizune back companies in Latvia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact Balaclava Lab?

Public channels for Balaclava Lab include LinkedIn, the website linked on this profile and Facebook. 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 Balaclava Lab?

The team at Balaclava Lab includes Mark Terebin (Co-Founder). 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 Sep 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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