# Georgia's Innovation and Technology Agency

> Georgia's Innovation and Technology Agency is a VC fund in Tbilisi backing Software and SaaS. See 12 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Tbilisi, Georgia
- Total investments: 12
- Last investment: Jul 2026
- Lead investor: 8%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company/gitagovge/
- X (Twitter): https://twitter.com/startupgita
- Website: http://www.gita.gov.ge/
- Facebook: https://www.facebook.com/gita.gov.ge

Georgia's Innovation and Technology Agency is a VC fund in Tbilisi focused on Software and SaaS. GITA Agency participates in the private and public sector knowledge, innovation and commercialization of research results and promote innovative entrepreneurship. One of the important directions of the formation of information society projects and programs necessary for the management and coordination of the implementation of the uniform policy.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $40k–$500k |
| Grant | $53k–$124k |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 6 | 50% |
| SaaS | 3 | 25% |
| Human Resources | 3 | 25% |
| Information Technology | 3 | 25% |
| Artificial Intelligence | 3 | 25% |

32 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Grant | 7 | 58% |
| Seed | 3 | 25% |
| Pre-Seed | 1 | 8% |
| Non-equity Assistance | 1 | 8% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Georgia | 10 | 83% |
| Latvia | 1 | 8% |
| United Kingdom | 1 | 8% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Rivo | Rivo is an AI-native hiring ecosystem, designed to transform how employers source, vet, and manage talent by replacing manual recruitment tasks with intelligent automations. Instead of relying on basic keyword searches, the platform analyzes candidate skills in context to instantly provide recruiters with accurate compatibility scores and aseamless pipeline management experience. For job seekers, Rivo's AI matching helps them find the best opportunities in seconds, while a streamlined process eliminates repetitive forms so they can apply quickly and effortlessly. | $56.7K | Grant | Jul 10, 2026 |  |
| enumeral | enumeral provides enriched lists of recently funded startups, including key founder details, funding data, job openings, customers, revenue estimates, web traffic, tech stack, and verified decision-maker contacts. Our subscription service helps B2B businesses connect with high-growth startups and drive outbound sales. | $53.3K | Grant | Dec 01, 2024 |  |
| SlataDoc | SlataDoc is an AI-based translation tool for legal professionals that allows users to translate and format legal documents. SlataDoc offers translation management features that utilize AI and translation memory to improve legal document preparation. The platform's custom Word Add-in functions within the Word environment, enabling lawyers tomanage multilingual legal texts. | $55K | Grant | Aug 26, 2024 |  |
| Herio | Gig app empowering youth and businesses to connect for short-term, flexible jobs | $55.2K | Grant | Nov 02, 2023 |  |
| Awork | Tinder for the job market - accelerate recruitment process making it as simple as swiping left or right | $60K | Grant | Dec 04, 2022 |  |
| QuickShipper | QuickShipper empowers businesses to effortlessly provide QuickCommerce services with complete control over the delivery expenses. Businesses can easily allocate orders to their in-house couriers or explore competitive pricing options from external delivery companies, already seamlessly integrated into our platform. The founders boast a successfultrack record in ecommerce with two previous exits. | $50K | Non-equity Assistance | Jun 01, 2022 |  |
| Kvalifika | Kvalifika is a sophisticated client onboarding and counterparty authentication service developed by experienced professionals from Banking and Tech background. | $350K | Seed | Oct 01, 2021 |  |
| CARU | A platform where car owners can find and book trustworthy mechanics or use the concierge service of a "car expert" for a reasonable fee.. CARU saves on average 7 hours for car owners and is 40% cheaper than dealerships. We have 170000+ users in Europe and now scaling to USA | $124K | Grant | Apr 05, 2021 |  |
| VOOVOO | VOOVOO is a cutting-edge service designed for commercial fleets to prevent speeding and aggressive driving in real-time, using in-house developed Safe-Driving Technology - VOOBOX. By proactively avoiding potential problems, VOOVOO enhances transportation safety and minimizes operational costs.Today, approximately 360 million commercial vehiclesare involved in daily economic activities worldwide. We focus on making our technology available to global commerce, starting from Europe and the US. Our business model's main advantages are simplicity of technology integration, easy distribution, and low costs, enabling us to expand rapidly.Our technology has been developed according to UN international standards, with support from the European Institute of Innovation and Technology (EIT Urban Mobility), Georgias Innovation and Technologies Agency (GITA), Promwad - an electrical engineering company, Testups - Test and certification company, and other international organizations. We have conducted all necessary lab and field tests, so our hardware is now under the certificate, allowing us to sell it in 58 countries.Our five-year industry background, established international relationships, technological market trends, and highly qualified management team provide a solid guarantee for the sustainable growth of our project. We forecast earning up to €36M in 5 years with around €20M net profit.From the ongoing SEED round of €500k, €435k is left to be raised. €65K is a contribution to the round from CONNECTOLOGY and EIT Urban Mobility. This investment gives us 18 months runway, enough to meet European standards with a certified product, start supplying reseller partners, onboard about 8 000 cars, and generate €2M+.Feel free to book a call to discuss partnership opportunities: https://calendly.com/voovoo/30min | $224.9K | Pre-Seed | Jan 01, 2021 |  |
| CityPay.io | Cryptocurrency Payment Gateway for any Type of Businesses. For online payments CityPay has a ready solution for online API integration, E-mail billing (without API integration) as well as POS App (iOS and Android) for physical sales. Currently payment gateway enables merchants to accept payments in 6 cryptocurrencies (BTC, LTC, DASH, ZEC, BTG,BCH), and to get paid exact amount in 4 fiat currencies including regional currencies (USD, EUR, GEL, TRY). To control business activities CityPay offers an intuitive and easy to use platform where business can monitor and control cryptocurrency receiving. It takes only few minutes to register, set up and verify the business and start receiving the crypto. Our interface is simple while providing a variety of features which can be customized according to the business needs. CityPay operates in Georgia and Turkey. | $30K | Grant | Sep 10, 2020 |  |

10 of 12 investments shown.

## Co-investors
- [Baltic Tech Ventures](https://shizune.co/investors/profile/batlic-tech-ventures) — VC Fund, 1 deal together
- [BFS](https://shizune.co/investors/profile/bfs) — VC Fund, 1 deal together
- [EIT Urban Mobility](https://shizune.co/investors/profile/eit-urban-mobility) — VC Fund, 1 deal together
- [THE WORLD BANK](https://shizune.co/investors/profile/the-world-bank-group) — VC Fund, 1 deal together

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## FAQ

### What does Georgia's Innovation and Technology Agency invest in?

Georgia's Innovation and Technology Agency invests primarily in Software, SaaS and Human Resources startups, most often at Grant and Seed stage. Most of the 12 investments tracked by Shizune back companies in Georgia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Georgia's Innovation and Technology Agency's check size?

Georgia's Innovation and Technology Agency typically joins rounds of $40k–$500k at Seed and $53k–$124k at Grant. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Georgia's Innovation and Technology Agency participates in.

### When did Georgia's Innovation and Technology Agency last invest?

The most recent investment recorded for Georgia's Innovation and Technology Agency closed in Jul 2026. Shizune tracks 12 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### 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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