Black River Ventures
VC Fund
Grand Cayman, Cayman Islands
Black River Ventures is a VC fund in Grand Cayman focused on FinTech and SaaS. Black River Ventures (BRV) is committed to supporting passionate entrepreneurs who build disruptive, world-changing companies. We believe that only exceptional and capable teams can turn great ideas into outstanding businesses.Black River Ventures is investing into innovative companies across the European technology space, primarily in the IT andInternet segments. We are convinced that the European online audience of 400M+ people, the second largest market after China, provides appealing opportunities for Europe-born global companies.We partner with early and growth stage visionary companies aiming to become industry leaders. Our mission is to provide smart capital for long-term growth by leveraging the collective experience and expertise of the BRV team based in the EU and US.
- Total investments:
- 18
- Last investment:
- Lead investor:
- 22%
Last updated:
For AI agents: llms.txt
Industries Black River Ventures invests in
Stages Black River Ventures invests in
Countries Black River Ventures invests in
Round sizes
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
Round size
- Pre-Seed
- $1.4M–$2.2M
- Series B
- $1.7M–$4M
- Series C
- $5M–$80M
Investment Focus
Industry
- FinTech 5 (28%)
- SaaS 4 (22%)
- Internet 3 (17%)
- Software 3 (17%)
- E-Commerce 3 (17%)
Stage
- Series C 7 (39%)
- Series B 2 (11%)
- Pre-Seed 1 (6%)
- Series A 1 (6%)
- Series D 1 (6%)
Country
- United States 5 (28%)
- Germany 2 (11%)
- United Kingdom 2 (11%)
- Russian Federation 2 (11%)
- Spain 1 (6%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
Andrey Daleky
Partner
|
Partner | Total investments: 0 | Find email | |
Evgeny Kaltashev
Managing Partner
|
Managing Partner | Total investments: 0 | Find email | |
Peter Loukianoff
Venture Partner & Chairman
|
Venture Partner & Chairman | Total investments: 27 | Find email | |
Alex Prokhorov
Venture Partner
|
Venture Partner | Total investments: 0 | Find email | |
Sergey Safronov
Partner
|
Partner | Total investments: 0 | Find email |
Investments
| Company | Description | Round | Links |
|---|---|---|---|
| Style DNA is a personal styling app created to empower millions of people around the world to look and dress with confidence. The Style DNA pocket stylist encompasses all aspects of personal styling, wardrobe management and shopping assistance — guiding users to discover what colours, patterns and fabrics would best suit them. It does this bycombining the expertise of world-renowned image consultants with cutting-edge AI technology to offer personalized fashion recommendations in an instant, at any time and in any place. | $1.4M / Pre-Seed / Aug 12, 2023 | ||
| Vesttoo is the world’s first marketplace for non-catastrophe insurance-based risk transfer and investments. Our proprietary AI-based technology facilitates risk transfer between insurance companies and institutional investors, providing insurance-linked investments to asset managers of all types, while enhancing risk transfer and liquidity in theLife and P&C insurance markets.Our platform facilitates risk transfer to the capital markets with a faster time to market, providing insurers with an affordable, accurate alternative or supplement to traditional reinsurance with unlimited capacity from the capital markets, while we offer asset managers a variety of risk remote, uncorrelated investment options that generate sustainable alpha from a catered variety of insurance and reinsurance premiums.We collaborate with leaders in the field to build alternative reinsurance transactions covering a variety of Life and P&C insurance risks in transparent, data-driven alternative reinsurance and retrocession deals - run-off or treaty, parametric or portfolio-specific, standalone or on top of existing reinsurance towers. Our proprietary AI-based Machine Learning models have been developed independently, accepted by regulators, and externally audited by leaders in the field. Vesttoo was selected to participate in IBM Alpha Zone, Citigroup Accelerator, Plug and Play and Fintech Innovation Lab – all prestigious fintech accelerators, and most recently NVIDIA's inception program. Our management team has a diversified professional experience in global business development, investments, technology/systems/algorithms, financial engineering, reinsurance, credit rating and managementAdditional team members include: data scientists, financial engineers, actuaries, product managers, project managers, business development, strategy and marketing professionals. | $80M / Series C / Oct 25, 2022 | ||
| TransferGo is a global money transfer company that supports migrant workers to send money back to their relatives without paying unnecessary bank fees. Through the company, migrants have the ability to transfer money overseas with the help of a digital account-to-account business model. As it is a licensed and authorized payment institutioncontrolled by the FCA under the supervision of HMRC, the company is considered as a secure way of transferring money. Since it removes the costs of international transfers, TransferGo is a fit for businesses to pay their suppliers. It charges a fixed fee for transferring money as well as a 0.6% to 1.5% fee for the currency conversion per transaction. | $50M / Series C / Sep 30, 2021 | ||
| MarketFinance is a business finance company with offices in London and Manchester. The online platform enables businesses to access a range of flexible finance solutions — quickly and easily. This smart technology is backed by help from real people so business owners can save time and focus on growing their business.Since 2011, MarketFinance hasadvanced over £2.6 billion to companies across a range of sizes and sectors, providing working capital and finance for everything from paying staff and suppliers to launching new products or services and accelerating growth.MarketFinance is backed by Barclays, Santander InnoVentures, European venture capital fund Northzone (invested in Klarna, iZettle, and Trustpilot), private equity group MCI Capital (also invested in iZettle, Azimo, and Gett), and Viola Credit. | $366.6M / Sep 21, 2021 | ||
| Upgrade is a neobank that offers credit to mainstream consumers through cards and personal loans, together with free credit monitoring and education tools that help consumers understand and manage their finances. Upgrade Card provides an innovative credit card that brings the low cost and responsible credit of installment lending to millions ofretail locations in the U.S., while Upgrade Account is a mobile banking product offered to mainstream consumers. | $105M / Series E / Aug 11, 2021 | ||
| Style DNA is a personal styling app created to empower millions of people around the world to look and dress with confidence. The Style DNA pocket stylist encompasses all aspects of personal styling, wardrobe management and shopping assistance — guiding users to discover what colours, patterns and fabrics would best suit them. It does this bycombining the expertise of world-renowned image consultants with cutting-edge AI technology to offer personalized fashion recommendations in an instant, at any time and in any place. | $2.2M / Pre-Seed / Mar 03, 2021 | ||
| Upgrade is a neobank that offers credit to mainstream consumers through cards and personal loans, together with free credit monitoring and education tools that help consumers understand and manage their finances. Upgrade Card provides an innovative credit card that brings the low cost and responsible credit of installment lending to millions ofretail locations in the U.S., while Upgrade Account is a mobile banking product offered to mainstream consumers. | $40M / Series D / Jun 17, 2020 | ||
| nu3 offers functional food for slimming, pure nature and sports, nutritional advice over the phone; and a blog with technical advice and tips. The company offers products of other brands and its own Range of branded products. The company was founded in 2011 and is based in Berlin, Germany and Sao Paulo, Brazil. | Venture - Series Unknown / Nov 22, 2016 | ||
| Ayla Networks empowers leading manufacturers by simplifying the inherent complexity of the Internet of Things (IoT), enabling them to turn their products into smart connected systems and transform their businesses to compete in the game-changing world of connectivity. Delivered as a cloud platform-as-a-service (PaaS), Ayla’s Agile IoT platformprovides the flexibility and modularity to enable rapid changes to practically any type of device, cloud or app environment. Ayla Networks was named a 2015 Cool Vendor in the Internet of Things by Gartner, Inc. Ayla’s investors include Cisco, the International Finance Corporation, SAIF Partners, Crosslink Capital, Voyager Capital, Linear Venture and SJF Ventures. For more information, visit www.aylanetworks.com.Ayla Networks was founded in 2010 and is based in San Jose, California. | $39M / Series C / Jun 27, 2016 | ||
| Marqeta’s modern card issuing platform empowers its customers to create customized and innovative payment cards. Marqeta’s platform, powered by open APIs, gives its customers the ability to build more configurable and flexible payment experiences, accelerating product development and democratizing access to card issuing technology. Its modernarchitecture provides instant access to highly scalable, cloud-based payment infrastructure that enables customers to launch and manage their own card programs, issue cards and authorize and settle transactions. Marqeta is headquartered in Oakland, California and is enabled in 36 countries globally. For more information, visit www.marqeta.com. | $25M / Series C / Oct 27, 2015 | ||
| See all 18 investments → | |||
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FAQ
What does Black River Ventures invest in?
Black River Ventures invests primarily in FinTech, SaaS and Internet startups, most often at Series C and Series B stage. Most of the 18 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.
What round sizes does Black River Ventures invest in?
Black River Ventures typically joins rounds of $1.4M–$2.2M at Pre-Seed, $1.7M–$4M at Series B and $5M–$80M at Series C. These are whole funding-round sizes, not Black River Ventures's own check, which is rarely disclosed: the 10th–90th percentile of the confirmed public funding rounds Black River Ventures took part in.
How do I contact Black River Ventures?
Public channels for Black River Ventures include LinkedIn 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 Black River Ventures?
The team at Black River Ventures includes Andrey Daleky (Partner), Evgeny Kaltashev (Managing Partner) and Peter Loukianoff (Venture Partner & Chairman). 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 Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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