# Tumar Venture Fund

> Tumar Venture Fund is a VC fund in Astana backing SaaS and Artificial Intelligence. See 7 investments, check sizes, portfolio. Updated Aug 2026.

- Type: VC Fund
- Location: Astana, Kazakhstan
- Total investments: 7
- Last investment: Sep 2024
- Lead investor: 43%
- Last updated: Aug 2026
- Website: https://tumar.vc

Tumar Venture Fund is an investment firm that invests in startups at different stages.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $350k–$2M |
| Pre-Seed | $1.7M–$2M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| SaaS | 2 | 29% |
| Artificial Intelligence | 2 | 29% |
| B2B | 1 | 14% |
| Apparel | 1 | 14% |
| Fashion | 1 | 14% |

11 industries tracked in total.

### Stage

| Stage | Investments | Share |
| --- | --- | --- |
| Seed | 4 | 57% |
| Pre-Seed | 2 | 29% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Tajikistan | 1 | 14% |
| United States | 1 | 14% |
| United Arab Emirates | 1 | 14% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| PLATMA | PLATMA is the next era of Low/No Code Development Platforms evolution that is grounded on the real Declarative Programming approach. We help small and medium businesses pass IT developers and automate their business processes without IT skills by generating ready-to-go blocks through declarative requests (write requests in English). | $2M | Pre-Seed | Sep 10, 2024 |  |
| Wardrobe | Wardrobe is an ecommerce platform that provide wide range of clothes for men, women and children. | $350K | Seed | Mar 07, 2024 |  |
| PLATMA | PLATMA is the next era of Low/No Code Development Platforms evolution that is grounded on the real Declarative Programming approach. We help small and medium businesses pass IT developers and automate their business processes without IT skills by generating ready-to-go blocks through declarative requests (write requests in English). | $1.7M | Pre-Seed | Nov 23, 2023 |  |
| PLATMA | PLATMA is the next era of Low/No Code Development Platforms evolution that is grounded on the real Declarative Programming approach. We help small and medium businesses pass IT developers and automate their business processes without IT skills by generating ready-to-go blocks through declarative requests (write requests in English). |  | Seed | Nov 23, 2023 |  |
| JobEscape | A learning platform to increase a freelancer's productivity by utilizing AI tools in their work |  | Pre-Seed | Sep 30, 2023 |  |
| CodiPlay | Learn programming on a smartphone | $2M | Seed | Jun 05, 2023 |  |
| zypl.ai | zypl.ai applies 'no data' AI at scale to advance financial inclusion in emerging and frontier markets. Our SaaS solution enables banks and microfinance organizations to instantly and accurate underwrite loans, both offline and digitally, to consumers with limited or no credit history.zypl's proprietary approach includes training AImodels on synthetically generated data with simulation of 'black swan' conditions, providing stable and adaptable SaaS in spite of macro volatility in developing markets. Apart from analyzing traditional variables such as social, demographic, and professional background of clients, our SaaS reviews device metadata, psychometrics, web trace, and macroeconomic factors to arrive at credit decisions.In the process, we fully customize AI models to risk appetite of each individual enterprise partner with the goal of reflecting their competitive market advantages. Additionally, we offer complete flexibility on mode of integration through either cloud or on-premise deployment based on enterprise preference. We only deploy explainable AI models with embedded 'weight-of-evidence' interpretation of each decision made by the software, complying with emerging regulatory requirements on credit scoring.Having launched our beta last year, we have scaled presence to 10 enterprise clients in 4 markets across Central Asia. In this time, we have underwritten >$9 million in consumer and small business (services, trade, agriculture) loans to over 12 thousand consumers with staggeringly low 0.7% portfolio-at-risk rate. Since booking first revenue earlier this year, we have surpassed 25% compounded monthly growth rate and reached financial break-even this month.As a complement to credit scoring, our product team has ventured into churn prediction in telecom sector through partnerships with 3 leading telcos in Central Asia. Our rapid product iteration and development is a result of an AI Academy that we have launched to nurture talent internally.zypl.ai was ideated at Stanford University's Startup Garage and recently completed the Silkway Accelerator by Google for Startups and Astana Hub. Our startup was launched with a grant from the Islamic Development Bank as part of the Transform Fund. With our pre-seed capital raise, we plan on globalizing our AI SaaS solution by expanding to new markets in MENA, Southeast Asia, and Eastern Europe. | $500K | Seed | Jun 05, 2023 |  |

7 of 7 investments shown.

## Co-investors
- [Activat VC](https://shizune.co/investors/profile/activat) — VC Fund, 4 deals together
- [Caucasus Ventures](https://shizune.co/investors/profile/caucasus-ventures) — VC Fund, 4 deals together
- [Almaz Capital](https://shizune.co/investors/profile/almaz-capital) — VC Fund, 3 deals together
- [EA Group Holding](https://shizune.co/investors/profile/ea-group-holding) — VC Fund, 3 deals together
- [MOST Ventures](https://shizune.co/investors/profile/most-ventures-ccc0) — VC Fund, 3 deals together
- [Startup Wise Guys](https://shizune.co/investors/profile/startup-wise-guys) — VC Fund, 3 deals together

## Similar investors

### 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
- [Battery Road Digital Holdings](https://shizune.co/investors/profile/battery-road-digital-holdings) — VC Fund
- [Presto Ventures](https://shizune.co/investors/profile/presto-ventures) — VC Fund
- [Accial Capital](https://shizune.co/investors/profile/accial-capital) — VC Fund

## Featured in investor lists
- [All Investors in Tajikistan](https://shizune.co/investors/investors-tajikistan)
- [All VC Funds in Tajikistan](https://shizune.co/investors/vc-funds-tajikistan)

## FAQ

### What does Tumar Venture Fund invest in?

Tumar Venture Fund invests primarily in SaaS, Artificial Intelligence and B2B startups, most often at Seed and Pre-Seed stage. Most of the 7 investments tracked by Shizune back companies in Tajikistan. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Tumar Venture Fund's check size?

Tumar Venture Fund typically joins rounds of $350k–$2M at Seed and $1.7M–$2M at Pre-Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Tumar Venture Fund participates in.

### When did Tumar Venture Fund last invest?

The most recent investment recorded for Tumar Venture Fund closed in Sep 2024. Shizune tracks 7 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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