# Elena Mazhuha

> Elena Mazhuha is a venture - series unknown investor at Flyer One Ventures backing B2B and Apps. See 3 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Flyer One Ventures](https://shizune.co/investors/profile/genesis-investments-aaa3)
- Location: Kiev, Ukraine
- Total investments: 3
- Last investment: Jul 2022
- Lead investor: 33%
- Last updated: Aug 2026
- LinkedIn: https://www.linkedin.com/in/mazhuha/
- X (Twitter): https://twitter.com/lenamazhuha
- Website: http://richpitch.tilda.ws
- Facebook: https://www.facebook.com/o.mazhuha

Elena Mazhuha is a venture - series unknown investor at Flyer One Ventures in Kiev focused on B2B and Apps. The first employee at F1V. At Flyer One Ventures, I source Seed/Late Seed/Series A deals. My 2 articles on Sifted were shared by Guy Kawasaki.Led 15+ investments in MUNCHER, Prodly, Awesomic, 99math, Hacker Noon, Allset, 3DLOOK, AllRight, PromoRepublic etc. Built Communications team, which helps F1V portfolio companies with PR andBusiness Development. The team already helped F1V portfolio companies get coverage on Business Insider, TechCrunch, Venture Beat, Forbes, Sifted, Crunchbase News etc. and partner up with Notion, Zendesk, AWS, Carta, Typeform, Intercom and others. Pitch me your startup at olena.mazhuha@flyerone.vcTwitter: @lenamazhuha Facebook: Elena Mazhuha Instagram: enamazhuha

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| B2B | 1 | 33% |
| Apps | 1 | 33% |
| Marketplace | 1 | 33% |
| Restaurants | 1 | 33% |
| Reservations | 1 | 33% |

6 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Venture - Series Unknown | 2 | 67% |
| Series A | 1 | 33% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Estonia | 1 | 33% |
| United States | 1 | 33% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| 99math | 99math is e-sports in school math! Global online tournaments for kids. They get excited and start achieving in math. | $2.1M | Venture - Series Unknown | Jul 01, 2022 |  |
| 99math | 99math is e-sports in school math! Global online tournaments for kids. They get excited and start achieving in math. | $1M | Series A | Aug 02, 2021 |  |
| Allset | Allset is a marketplace connecting restaurants and local diners. It provides restaurants with online ordering and contactless dining solutions to serve their customers commission-free.Customers use Allset to order ahead at nearby restaurants and coffee shops, to ensure everyday dining that is fast, easy, and healthy. Local diners supportrestaurants with commission-free orders for pickup, curbside, and dine-in.Allset is focused on connecting restaurants and diners in busy areas to drive network effect on a hyperlocal level.Headquartered in Los Angeles, California, Allset was co-founded by Stas Matviyenko and Anna Polishchuk in 2015. |  | Venture - Series Unknown | Jun 01, 2021 |  |

3 of 3 investments shown.

## Co-investors
- [Change Ventures](https://shizune.co/investors/profile/change-ventures) — VC Fund, 2 deals together
- [Flyer One Ventures](https://shizune.co/investors/profile/genesis-investments-aaa3) — VC Fund, 2 deals together
- [Bossa Invest](https://shizune.co/investors/profile/bossanova-investimentos) — VC Fund, 1 deal together
- [Bolt Ventures](https://shizune.co/investors/profile/mountain-do-brasil) — VC Fund, 1 deal together
- [Pipedrive](https://shizune.co/investors/profile/pipedrive) — VC Fund, 1 deal together
- [Play Ventures](https://shizune.co/investors/profile/play-ventures) — VC Fund, 1 deal together

## About Flyer One Ventures

VC Fund · Kiev, Ukraine

Flyer One Ventures is an international early-stage venture capital firm focused on early-stage startups from CEE region. The fund invests in future-proof startups, founded by exceptional teams, and operating on global markets worth more than $10 billion. Flyer One Ventures funds startups in Mobile, Health Tech, EdTech, Fitness & Wellness, B2BSaaS, Gaming, FoodTech, and AI/ML industries and helps them scale on international markets. Founded by the co-founder of BetterMe and supported by Genesis Tech, Flyer One Ventures has deep expertise in Digital Marketing, Product, PR, Branding, and Recruiting. Along with the financial investment, Flyer One Ventures actively supports its portfolio companies, helping them optimize Digital Marketing campaigns, hire R&D staff, build user-friendly products, and fundraise Series A and Series B rounds. Flyer One Ventures' ultimate goal is to support early-stage startups in the geographies with low access to early financing and help them become global leaders by mentorship and daily support.

5 contacts available at Flyer One Ventures.

| Name | Title | Profile |
| --- | --- | --- |
| Alexey Yermolenko | Vice President | https://shizune.co/investors/profile/alexey-yermolenko |
| Chris Brown | Venture Partner | https://shizune.co/investors/profile/chris-brown-0cb8 |
| Elena Mazhuha | Investment Manager | https://shizune.co/investors/profile/olena-mazhuha |
| Victor Zakharchenko | Venture Partner | https://shizune.co/investors/profile/viktor-zakharchenko |
| Vitaly Laptenok | General Partner | https://shizune.co/investors/profile/vital-laptenok |

## Similar investors

### Similar stage
- [Bossa Invest](https://shizune.co/investors/profile/bossanova-investimentos) — VC Fund
- [Almi Invest](https://shizune.co/investors/profile/almi-invest) — VC Fund
- [Korea Credit Guarantee Fund](https://shizune.co/investors/profile/korea-credit-guarantee-fund) — VC Fund

## FAQ

### What does Elena Mazhuha invest in?

Elena Mazhuha invests primarily in B2B, Apps and Marketplace startups, most often at Venture - Series Unknown and Series A stage. Most of the 3 investments tracked by Shizune back companies in Estonia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### When did Elena Mazhuha last invest?

The most recent investment recorded for Elena Mazhuha closed in Jul 2022. Shizune tracks 3 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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