# Larnabel Ventures

> Larnabel Ventures is a VC fund in Moscow backing FinTech and Software. See 10 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Moscow, Russian Federation
- Total investments: 10
- Last investment: Jul 2019
- Lead investor: 40%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/company-beta/24798237/
- Website: http://larnabel.vc

Larnabel Ventures is a VC fund in Moscow focused on FinTech and Software. Venture Capital Fund of Larnabel Enterprises, a company founded by Said Gutseriev to invest in the information technology sector.

## Contacts

5 contacts available for Larnabel Ventures. Shizune tracks 2 team members at Larnabel Ventures. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/larnabel-vc?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $2M–$2.1M |
| Series A | $5M–$17M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| FinTech | 2 | 20% |
| Software | 2 | 20% |
| Financial Services | 2 | 20% |
| Information Technology | 2 | 20% |
| Apps | 1 | 10% |

34 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Series A | 4 | 40% |
| Seed | 2 | 20% |
| Funding Round | 1 | 10% |
| Private Equity | 1 | 10% |
| Secondary Market | 1 | 10% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| United States | 4 | 40% |
| Germany | 2 | 20% |
| Cyprus | 1 | 10% |
| Poland | 1 | 10% |
| Russian Federation | 1 | 10% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Said Gutseriev | Managing Partner, Founder | 0 | https://shizune.co/investors/profile/said-gutseriev |
| Eldar Vagapov | Managing Partner | 0 | https://shizune.co/investors/profile/eldar-vagapov |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| GFN.RU | GFN.RU creates video games with an entertainment focus. Customers may get moderate streaming according to the company's software, which is compatible with Android, LG televisions, macOS, desktop computers, and more. Their servers house all of their games, which are all run in the cloud. Users can play the application freely in the browser,even though it is not to be downloaded. | $17M | Private Equity | Jul 04, 2019 |  |
| Banuba | Banuba Development is a developer of augmented reality enabled mobile applications and technologies.They create camera-based technologies and shape them in a powerful augmented reality platform for developers, efficient solutions for brands and amazing camera apps for people. They patent new technologies, developed our own SDK and constantly keepon improving it.Business evaluation of the company reached $30 million after the first round of funding and $100 million after the second.Started as an AI lab by enthusiasts, we are now over 100 people. And we never stop growing and thinking of more ways how we can improve our world by doing things we enjoy most.Join or partner with us! | $7M |  | Nov 26, 2018 |  |
| FaceMetrics | Help your children to build up a proper regimen when they study at most productive hours and entertain when their brain needs rest.It is a Belarus-founded startup working on an AI-powered parental app Nicola for the iPad.The main idea of Nicola is to gamify the control it takes over the kids' screen time on the iPad. Simply speaking, it offersto trade game time for reading time, controls engagement and diligence of the kid, and makes sure they don't get too tired. | $2M | Seed | Jun 13, 2018 |  |
| Raisin | Raisin is a savings and investment marketplace that connects retail customers with banks looking to expand deposit reach. The company's goal is to provide savers the best interest rates. The company gives access to exclusive savings products from all over Europe. Raisin assures a smooth investment process and the simple management ofinvestments with all of the partner banks via one single platform.Raisin was founded on 2012 and is headquartered in Berlin, Germany. Raisin DS was formed by a merger of the FinTech companies Deposit Solutions and Raisin in June 2021. |  | Secondary Market | Jun 20, 2017 |  |
| Dronefence | Founded in 2016 by Benny Drescher, Dronefence develops tracking and security systems for the detection of commercial unmanned aerial vehicles (UAVs). The company is currently developing sky-tracking modules that can be customized to monitor air space over a wide variety of terrains, suitable for commercial businesses and public venues, such asshopping malls and concert arenas, to government buildings, airports, and industrial plants. |  | Series A | Jun 05, 2017 |  |
| EchoPixel | EchoPixel, Inc. develops medical imaging devices. The company develops a non-invasive colon cancer screening solution that enables doctors and radiologists to use computed tomography (CT) images of a patient’s abdomen and display a 3D model of a patient’s colon. With this tool, any medical professional can examine the entire colon by using anavigate and detect approach to identify most polyps or other abnormalities, the cause of cancer. The company was incorporated in 2012 and is based in San Jose, California. |  | Series A | Apr 12, 2017 |  |
| Astro Digital | Astro Digital US Inc is a new name of Aquila Space after its merger with Astro Digital Inc. Company is located in the heart of Silicon Valley at NASA AMES Research Park, Moffett Field. The mission of Astro Digital is to enable daily delivery of high resolution multi-spectral images of all arable and populated land on our planet. Taking a trulycommercial approach, the team at Astro Digital and partner companies have identified remote sensing markets that cannot be satisfied with traditional remote sensing satellite deigns and costs. Astro Digital is now designing satellite platforms to satisfy these markets while working closely with image processing and data distribution partners to achieve a clean seamless flow of data from sensor to customer. | $16.7M | Series A | Mar 02, 2017 |  |
| Banuba | Banuba Development is a developer of augmented reality enabled mobile applications and technologies.They create camera-based technologies and shape them in a powerful augmented reality platform for developers, efficient solutions for brands and amazing camera apps for people. They patent new technologies, developed our own SDK and constantly keepon improving it.Business evaluation of the company reached $30 million after the first round of funding and $100 million after the second.Started as an AI lab by enthusiasts, we are now over 100 people. And we never stop growing and thinking of more ways how we can improve our world by doing things we enjoy most.Join or partner with us! | $5M |  | Feb 22, 2017 |  |
| DailyPay | DailyPay offers a platform that allows employees to access their earned wages before their scheduled payday. The service integrates with employer payroll systems and provides tools for financial wellness. DailyPay aims to improve employee retention and engagement through flexible pay access. | $5M | Series A | Sep 06, 2016 |  |
| Play Piper | Piper is a Minecraft toolbox for budding engineers that leverages kids' love of Minecraft to show them that building real gadgets is effortless and fun. At a time when technology pervades every part of our life, kids learn to passively USE technology, but not to CREATE with it. We believe that giving kids an opportunity to become creatorsrather than consumers, and to do it through a game their already understand and love is a powerful way to replace screen-time with build-time. Letting kids invent, tinker, and build in the physical world while they are young is the most powerful way to empower them to create the future. | $2.1M | Seed | Jun 21, 2016 |  |

10 of 10 investments shown.

## Co-investors
- [VP Capital](https://shizune.co/investors/profile/vp-capital) — VC Fund, 5 deals together
- [Boundary Holding](https://shizune.co/investors/profile/boundary-holding) — VC Fund, 1 deal together
- [Chaac Ventures](https://shizune.co/investors/profile/chaac-ventures) — VC Fund, 1 deal together
- [FoundersX Ventures](https://shizune.co/investors/profile/foundersx-ventures) — VC Fund, 1 deal together
- [I2BF Global Ventures](https://shizune.co/investors/profile/i2bf-global-ventures) — VC Fund, 1 deal together
- [Inspiration Ventures](https://shizune.co/investors/profile/inspiration-ventures) — VC Fund, 1 deal together

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## FAQ

### What does Larnabel Ventures invest in?

Larnabel Ventures invests primarily in FinTech, Software and Financial Services startups, most often at Series A and Seed stage. Most of the 10 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Larnabel Ventures's check size?

Larnabel Ventures typically joins rounds of $2M–$2.1M at Seed and $5M–$17M 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 Larnabel Ventures participates in.

### How do I contact Larnabel Ventures?

Public channels for Larnabel 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 Larnabel Ventures?

The team at Larnabel Ventures includes Said Gutseriev (Managing Partner, Founder) and Eldar Vagapov (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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