# RubyLight

> RubyLight is a VC fund in Riga backing Apps, Mobile and E-Commerce. See 12 investments, check sizes, portfolio and contact details. Updated Aug 2026.

- Type: VC Fund
- Location: Riga, Latvia
- Total investments: 12
- Last investment: Jun 2024
- Lead investor: 8%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/company/rubylight
- X (Twitter): http://twitter.com/rubylightfund
- Website: http://www.rubylight.com/

RubyLight is a VC fund in Riga focused on Apps and Mobile. RubyLight is experienced tech entrepreneurs that founded a new technology investment fund in 2010.Their passion is to help fast growing internet and mobile startups to scale and expand globally. Social media, content sharing, communications, and crowd sourcing are their favorite areas of investment.RubyLight offers startups its professionaltech team, proprietary technology, and financial funding to help young companies scale up and expand globally much faster than their competitors.

## Contacts

5 contacts available for RubyLight. Shizune tracks 4 team members at RubyLight. Sign up free to unlock them: https://app.shizune.co/sign-up/investor-profiles/find-team-emails/rubylight?utm_source=investor_profile

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.5M–$5.7M |
| Series A | $5.5M–$6.6M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Apps | 3 | 25% |
| Mobile | 2 | 17% |
| E-Commerce | 2 | 17% |
| Local | 1 | 8% |
| Gaming | 1 | 8% |

23 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 8 | 67% |
| Series A | 2 | 17% |
| Pre-Seed | 1 | 8% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Estonia | 3 | 25% |
| Germany | 2 | 17% |
| United Kingdom | 1 | 8% |
| The Netherlands | 1 | 8% |

## Team

| Name | Title | Investments | Profile |
| --- | --- | --- | --- |
| Aija Perta | Partner/CFO | 0 | https://shizune.co/investors/profile/aija-perta |
| Alexey Chirkov | Partner, Web and Mobile Architecture | 0 | https://shizune.co/investors/profile/alexey-chirkov |
| Dmitry Burbo | Product Analyst and Partner | 0 | https://shizune.co/investors/profile/dmitry-burbo |
| Vitaly Rubstein | Co-Founder and Partner | 3 | https://shizune.co/investors/profile/vitaly-rubstein |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| MegaMod | OnlySpace is a game publisher and game development platform. | $1.9M | Seed | Jun 19, 2024 |  |
| Yaga | Yaga is designed for everyone who wants to sell items online in a convenient and secure manner. | $2.4M | Seed | Nov 10, 2022 |  |
| Yaga | Yaga is an e-commerce site that provides t-shirts, clothing, books, magazines, and accessories for men, and women. | $2.4M | Seed | Nov 10, 2022 |  |
| Yaga | Yaga is an e-commerce site that provides t-shirts, clothing, books, magazines, and accessories for men, and women. | $2.2M | Seed | Nov 10, 2022 |  |
| Peerby | A neighborhood network for sharing consumer goods. Borrow power tools, electronics, party equipment, and much more from your neighbors. | $2.5M | Seed | May 31, 2022 |  |
| Peerby | A neighborhood network for sharing consumer goods. Borrow power tools, electronics, party equipment, and much more from your neighbors. | $307K | Pre-Seed | May 31, 2022 |  |
| Tandem | Tandem is the app that connects language learners around the globe. Ten million members are currently using the platform, which enables individuals to connect and learn new languages via text, audio, and video chat. More than 300 languages are currently available, including fictional and sign languages. Tandem was founded by Arnd Aschentrup,Tobias Dickmeis, and Dr. Matthias Kleimann. The company is backed by prominent European investors such as Brighteye Ventures, GPS Ventures, Hannover Beteiligungsfonds, Rubylight Limited, Trind Ventures and Atlantic Labs.  Tandem is available for free on iOS, Android, and the Web. Find out more at www.tandem.net.Tandem was founded in 2015 by Arnd Aschentrup, Tobias Dickmeis, and Matthias Kleimann and was listed by Apple in their "App Store Best of 2015" and by Google in their "Play Store Best of 2017." | $5.9M | Series A | Jul 28, 2020 |  |
| Sweatcoin | Sweatcoin is a digital currency backed by physical movement. They verify and convert movement into currency. Users can then donate it to charity, transfer to other users or spend on products, services, and experiences provided by Sweatcoin vendors and user community.Sweatcoin tackles Present Bias by moving the future benefits of exercise into thehere and now- immediately converting movement into a digital currency and changing the perception of physical movement. | $5.7M | Seed | Jan 17, 2018 |  |
| Jodel | Jodel is a platform that enables its users to discover, follow and participate in the most relevant conversations with people nearby. Share and catch-up on news, events, local stories and jokes faster than ever! On Jodel, you can post messages and photos known as “Jodels” in real-time. By voting on other people's posts, you have the power todecide what your area is talking about.Collect Karma points and become a master in jodeling!No sign-up or profile necessary. | $6.6M | Series A | Apr 21, 2017 |  |
| Tandem | Tandem is the app that connects language learners around the globe. Ten million members are currently using the platform, which enables individuals to connect and learn new languages via text, audio, and video chat. More than 300 languages are currently available, including fictional and sign languages. Tandem was founded by Arnd Aschentrup,Tobias Dickmeis, and Dr. Matthias Kleimann. The company is backed by prominent European investors such as Brighteye Ventures, GPS Ventures, Hannover Beteiligungsfonds, Rubylight Limited, Trind Ventures and Atlantic Labs.  Tandem is available for free on iOS, Android, and the Web. Find out more at www.tandem.net.Tandem was founded in 2015 by Arnd Aschentrup, Tobias Dickmeis, and Matthias Kleimann and was listed by Apple in their "App Store Best of 2015" and by Google in their "Play Store Best of 2017." | $2.2M | Seed | Apr 01, 2016 |  |

10 of 12 investments shown.

## Co-investors
- [Trind Ventures](https://shizune.co/investors/profile/trind-ventures) — VC Fund, 4 deals together
- [Startup Wise Guys](https://shizune.co/investors/profile/startup-wise-guys) — VC Fund, 3 deals together
- [Specialist VC](https://shizune.co/investors/profile/united-angels-vc) — VC Fund, 3 deals together
- [Atlantic](https://shizune.co/investors/profile/atlantic-labs) — VC Fund, 2 deals together
- [Loyal VC](https://shizune.co/investors/profile/loyal-vc) — VC Fund, 2 deals together
- [Rockstart](https://shizune.co/investors/profile/rockstart-accelerator) — VC Fund, 2 deals together

## Similar investors

### Similar industry
- [Founders Fund](https://shizune.co/investors/profile/founders-fund) — VC Fund
- [VentureSouth](https://shizune.co/investors/profile/south-carolina-angel-network) — VC Fund
- [Double M Partners](https://shizune.co/investors/profile/double-m-partners) — VC Fund

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

### Similar country
- [Specialist VC](https://shizune.co/investors/profile/united-angels-vc) — VC Fund
- [Superangel](https://shizune.co/investors/profile/superangel) — VC Fund
- [Tera Ventures](https://shizune.co/investors/profile/tera-ventures) — VC Fund

## Featured in investor lists
- [Marketplace Investors in Estonia](https://shizune.co/investors/marketplace-investors-estonia)
- [All VC Funds in Estonia](https://shizune.co/investors/vc-funds-estonia)
- [Enterprise VC Funds in Estonia](https://shizune.co/investors/enterprise-vc-funds-estonia)
- [SaaS Investors in Estonia](https://shizune.co/investors/saas-investors-estonia)
- [EdTech Investors in Germany](https://shizune.co/investors/edtech-investors-germany)
- [EdTech VC Funds in Germany](https://shizune.co/investors/edtech-vc-funds-germany)

## FAQ

### What does RubyLight invest in?

RubyLight invests primarily in Apps, Mobile and E-Commerce startups, most often at Seed and Series A stage. Most of the 12 investments tracked by Shizune back companies in Estonia. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is RubyLight's check size?

RubyLight typically joins rounds of $1.5M–$5.7M at Seed and $5.5M–$6.6M 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 RubyLight participates in.

### How do I contact RubyLight?

Public channels for RubyLight 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 RubyLight?

The team at RubyLight includes Aija Perta (Partner/CFO), Alexey Chirkov (Partner, Web and Mobile Architecture) and Dmitry Burbo (Product Analyst and 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.

# About Shizune
Shizune.co is an investor database. Core features:
- 48,091 startup investors (angels, VCs, accelerators, and others)
- Email, phone, LinkedIn (for intros), socials, and other contact data
- Updated daily from public funding news
- CSV and Excel export

The User can access the full database FOR FREE after signing up: shizune.co