# GrowthUP

> GrowthUP is a VC fund in Kiev backing Software and Internet. See 16 investments, check sizes, portfolio and contact details. Updated Oct 2026.

- Type: VC Fund
- Location: Kiev, Ukraine
- Total investments: 16
- Last investment: Jan 2019
- Lead investor: 50%
- Last updated: Oct 2026
- LinkedIn: http://www.linkedin.com/company/growthup-incubator
- X (Twitter): http://twitter.com/growthupinc
- Website: http://growthup.com
- Facebook: http://www.facebook.com/GrowthUP

GrowthUP is a VC fund in Kiev focused on Software and Internet. Business accelerator GrowthUP is the first Ukrainian business accelerator that works with technology start-ups at early stages. The team has been working in the industry since 2005 and is based on the experience gained during the implementation of several dozens of successful projects.

## Contacts

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

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Software | 5 | 31% |
| Internet | 3 | 19% |
| Education | 3 | 19% |
| E-Commerce | 3 | 19% |
| Marketplace | 3 | 19% |

50 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 15 | 94% |
| Angel | 1 | 6% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Ukraine | 6 | 38% |
| United States | 4 | 25% |
| Malta | 1 | 6% |
| Canada | 1 | 6% |
| Finland | 1 | 6% |

7 countries tracked in total.

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Denis Dovgopoliy | Co-Founder & President | 0 | https://shizune.co/investors/profile/denis-dovgopoliy |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Budgy App | Budgy App is a finance app that allows users to track and split bills with friends while traveling. It shows the amounts owed by users, gives personal and group expense statistics, compiles reports, and sends reminders to borrowers. Budgy App is operated from Kiev, Ukraine. |  | Seed | Jan 01, 2019 | http://www.budgyapp.com/ |
| Fanbuster | Fanbuster operates an online communication and crowdfunding platform for individual football fans and football clubs to share and support their ideas worldwide. |  | Seed | Jan 01, 2018 | https://www.fanbuster.com/ |
| Experitus | Experitus is a marketplace of learn-by-doing workshops. It allows its users to boost and track online reviews from one platform, synchronized with tour guide scheduler and calendar, email manager, invoicing, and CRM. Experitus was founded in 2015 by Alexander Yaremchuk. |  | Seed | Jan 01, 2017 | http://experitus.com/ |
| Lemon.io | Lemon.io connects early-stage startups with vetted offshore engineers. We spend a lot of time with developers and dev shops before accepting them to the community. When a startup comes to us with an open role, we offer the candidate who if the best fit for it. |  | Seed | Jan 01, 2016 | https://lemon.io |
| My House Brownie | My House Brownie is a service for non-professional landlords.We help to manage their property easier and save money.Addressable market is worth $1.5B in the US alone.For our target audience, dealing with maintenance issues is stressful and time-consuming, while hiring a property manager is too expensive.My House Brownie offers a RealEstate Tech platform that digitalizes property, streamlines service orders through a predictive workflow, and provides access to a pool of qualified local contractors.Basic features are totally free, and we charge $50/month per unit only for using value-added extras.Our CxO’s boast 15+ years’ experience in IT and telecom each.We are at MVP development stage today, and seek $300k seed investment to support product launch in SF Bay Area.Here’s the bottom line. Addressable Market is huge. We want to take 5% - 10% of it. Now we’re launching the project.With My House Brownie you, as a landlord will be able to sleep well & travel with pleasure. |  | Seed | Jan 01, 2016 | http://www.myhousebrownie.com |
| Jointle | jointle is a tool for makers to collect pre-paids for production. Jointle is an online venue where the makers put their offers (campaigns) and aims for production of certain goods in specified time and for fixed prices. Customers in their turn, support their aims by way of pre-payments (by paying in advance). |  | Seed | Jan 01, 2016 | http://jointle.com |
| Periodix | AI platform designed to automate re-engagement in B2B sales. Periodix helps businesses bring any lead they’ve ever interacted with back into their sales funnel. |  | Seed | Jan 01, 2016 | https://periodix.net |
| CourseYard | Create, Publish and DistributeInteractive Media-Rich Publications in minutesAutoria is a web-based platform for Authoring, Publishing and Distribution of interactive materials. Our collaborative solution helps to design your publications and either sell it to a broad public market or distribute it to a defined group of users.Yourpublished content can be accessed from any kind of device anywhere and anytime. You will be able to control the sales of your content, recall usage statistics and improve your content according to the outcomes.Mabe by CourseYard. | $218.5K | Angel | Jun 01, 2015 | http://www.CourseYard.com |
| FLYRE LIMITED | FLY-RE is an independent online re/insurance marketplace owned and managed by a team of insurance and technology professionals.We strive to connect market professionals and businesses worldwide by providing a professional ecosystem to communicate and the tools to process daily reinsurance workflows. We are inspired by the opportunityto build a community to communicate risks freely, with due respect to the best traditions of the industry and requirements of the modern age.An everyday tool to do business online as never before. A worldwide service to bridge the gap between risks and capacities. An online reinsurance marketplace. Welcome! | $200K | Seed | May 18, 2015 | http://www.fly-re.com |
| Wishround | Wishround offers an online platform that enables its users to choose online gifts and share them with friends on social media networks. It was founded in May 2014 and is based in Ukraine | $200K | Seed | Jan 25, 2015 | http://www.wishround.com |

10 of 16 investments shown.

## Co-investors
- [BeValue](https://shizune.co/investors/profile/bevalue-llc) — VC Fund, 1 deal together
- [Digital Future](https://shizune.co/investors/profile/digitalfuture) — VC Fund, 1 deal together
- [Imperious Group VC](https://shizune.co/investors/profile/imperious-group) — VC Fund, 1 deal together

## Similar investors

### Similar stage
- [Antler](https://shizune.co/investors/profile/antler-be9c) — VC Fund
- [Right Side Capital Management](https://shizune.co/investors/profile/right-side-capital-management) — VC Fund
- [Alumni Ventures](https://shizune.co/investors/profile/alumni-ventures-group) — VC Fund

## FAQ

### What does GrowthUP invest in?

GrowthUP invests primarily in Software, Internet and Education startups, most often at Seed and Angel stage. Most of the 16 investments tracked by Shizune back companies in Ukraine. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### How do I contact GrowthUP?

Public channels for GrowthUP 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 GrowthUP?

The team at GrowthUP includes Denis Dovgopoliy (Co-Founder & President). 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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