# Oleg Tscheltzoff

> Oleg Tscheltzoff is a seed investor at Fotolia (New York) backing Internet and Software. See 35 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Fotolia](https://shizune.co/investors/profile/fotolia)
- Location: New York, United States
- Total investments: 35
- Last investment: Jan 2022
- Lead investor: 6%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/otscheltzoff
- X (Twitter): http://twitter.com/oleg12
- Website: https://x.com/oleg12

Oleg Tscheltzoff is a seed investor at Fotolia in New York focused on Internet and Software. Oleg Tscheltzoff is Co-Founder & CEO at Fotolia. Oleg Tscheltzoff is the Investor of LOTS18. Oleg Tscheltzoff is one of the top serial internet entrepreneurs but also a successful angel investor with over 30 investments, board member, serious innovator, provocateur, disruptor, and connector. As an entrepreneur, Oleg has leveraged a globalvision and knowledge of international business, management and marketing to develop successful online businesses. In 2004 Oleg co-founded Fotolia.com, the first global online social marketplace for creative digital stock images. As president, he led the company to the world’s largest microstock photography site. Prior to Fotolia, Oleg co-founded Amen, the leading Internet hosting company in France, which was sold in 2004 to Vianetworks (NASDAC Symbol VNWIE).

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $212k–$4.5M |
| Angel | $180k–$1M |
| Series A | $1.2M–$23M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Internet | 10 | 29% |
| Software | 9 | 26% |
| SaaS | 8 | 23% |
| E-Commerce | 6 | 17% |
| FinTech | 4 | 11% |

81 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 18 | 51% |
| Series A | 7 | 20% |
| Angel | 5 | 14% |
| Series B | 2 | 6% |
| Pre-Seed | 1 | 3% |

7 stages tracked in total.

### Country

| Country | Investments | Share |
| --- | --- | --- |
| France | 20 | 57% |
| United States | 7 | 20% |
| United Kingdom | 2 | 6% |
| Canada | 1 | 3% |
| Germany | 1 | 3% |

6 countries tracked in total.

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Indeez | Indeez is an European insurtech focused on everyday needs of independent workers, by providing them with better income protection. | $9.2M | Series A | Jan 27, 2022 |  |
| LiveFlow | Meet your finance team's new superpower: LiveFlow eliminates the endless hours of manual financial reporting that keep CFOs and their teams stuck instead of driving strategic value. By automating your month-end close process from days to minutes, LiveFlow acts like your highest-performing analyst who works 24/7 with perfect accuracy. Notonly does this free your team from the monthly close chaos, but it also means you can finally focus on what you actually became a CFO for – delivering insights that move your business forward. | $3.5M | Seed | Dec 21, 2021 |  |
| Aria | On a mission to help small businesses grow exponentially with Payment-terms-as-a-Service. At Aria, we believe that: - When payments go fast, businesses grow fast - it’s that simple! - Managing payments and credits at scale is the way for endless growth - our API offers high stability and extensible limits - The service and support of our teamsis just as important as the financing solution we provide - we’re not just another tech product Aria was founded in 2020 and is based in Paris, France. |  |  | Dec 07, 2021 |  |
| Aria | On a mission to help small businesses grow exponentially with Payment-terms-as-a-Service. At Aria, we believe that: - When payments go fast, businesses grow fast - it’s that simple! - Managing payments and credits at scale is the way for endless growth - our API offers high stability and extensible limits - The service and support of our teamsis just as important as the financing solution we provide - we’re not just another tech product Aria was founded in 2020 and is based in Paris, France. | $4.5M | Seed | Dec 07, 2021 |  |
| Memo Bank | Launched in 2020, Memo Bank is an independent French bank for transaction-intensive businesses accredited as a credit institution by the European Central Bank and regulated by the ACPR. We provide a comprehensive banking infrastructure that combines payment APIs and regulatory compliance. We enable finance departments to automate the management ofcomplex workflows and secure their operations at scale. | $21.2M | Series B | Jun 23, 2020 |  |
| Memo Bank | Launched in 2020, Memo Bank is an independent French bank for transaction-intensive businesses accredited as a credit institution by the European Central Bank and regulated by the ACPR. We provide a comprehensive banking infrastructure that combines payment APIs and regulatory compliance. We enable finance departments to automate the management ofcomplex workflows and secure their operations at scale. | $22.6M | Series A | Jun 23, 2020 |  |
| Parentalist | Karamel is an app to find the best for your kids from 0 to 18 years. | $560K | Pre-Seed | Jul 05, 2019 |  |
| Wheely | Wheely is a luxury ride-hailing service, allowing customers to book chauffeur-driven journeys both on-demand and pre-booked through an app in London, Moscow and Paris. Wheely was founded in 2010 by Swiss/Russian CEO and entrepreneur Anton Chirkunov and is headquartered in London, UK. | $15M | Series B | Apr 26, 2019 |  |
| Doctrine | Doctrine builds legal research and analytics SaaS for legal professionals, law firms, companies, and individuals to search through the law, manage their cases, and grow their business.They are building the future of law, using the latest technologies in artificial intelligence to analyze court decisions and provide deep insights and data analyticssolutions. | $2.1M | Seed | Oct 13, 2016 |  |
| PayFit | Paying employees has never been easier. PayFit allows SMEs to easily manage the pay and leave of their employees.In 2015, the observation was simple: no employer was satisfied with the solutions used to manage the pay of its employees. No solution allowed a company to manage payroll quickly and without prior expertise. No solution answeredautomatically and securely to the French administrative complexity. There was no solution to centralize all the issues related to employee management on a single tool. No solution offered an intuitive and user-friendly interface for the employer but also for the employee. | $5.3M | Series A | Oct 10, 2016 |  |

10 of 35 investments shown.

## Co-investors
- [Otium Capital](https://shizune.co/investors/profile/otium-capital) — VC Fund, 6 deals together
- [Kima Ventures](https://shizune.co/investors/profile/kima-ventures) — VC Fund, 5 deals together
- [Seedcamp](https://shizune.co/investors/profile/seedcamp) — VC Fund, 3 deals together
- [360 Capital](https://shizune.co/investors/profile/360-capital-partners) — VC Fund, 2 deals together
- [Alven](https://shizune.co/investors/profile/alven-capital) — VC Fund, 2 deals together
- [BlackFin Capital Partners](https://shizune.co/investors/profile/blackfin-capital-partners) — VC Fund, 2 deals together

## About Fotolia

VC Fund · New York, United States

Fotolia is an image bank that offers a crowdsourced library, which includes royalty-free images, vectors, illustrations and video footage clips. It is a community of artists, graphic designers, and a list of well-known agencies that provide content for this image bank. It maintains an international team of moderators who validates thesubmitted content and ensures the quality of the images, vectors, illustrations, and video clips. The contributing artists receive a commission when the images, vectors, illustrations, and videos are purchased. All images offered on Fotolia are royalty-free and can be used for any design project or document with no time limits. Fotolia provides its services across the span of the globe with websites in 15 languages and in 23 regions. It was founded in 2005, based in New York City, U.S.

2 contacts available at Fotolia.

| Name | Title | Profile |
| --- | --- | --- |
| Oleg Tscheltzoff | Co-Founder & CEO | https://shizune.co/investors/profile/oleg-tscheltzoff |
| Valentina Locci | Contributing Photographer | https://shizune.co/investors/profile/valentina-locci |

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## FAQ

### What does Oleg Tscheltzoff invest in?

Oleg Tscheltzoff invests primarily in Internet, Software and SaaS startups, most often at Seed and Series A stage. Most of the 35 investments tracked by Shizune back companies in France. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Oleg Tscheltzoff's check size?

Oleg Tscheltzoff typically joins rounds of $212k–$4.5M at Seed, $180k–$1M at Angel and $1.2M–$23M 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 Oleg Tscheltzoff participates in.

### When did Oleg Tscheltzoff last invest?

The most recent investment recorded for Oleg Tscheltzoff closed in Jan 2022. Shizune tracks 35 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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